New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 19, 2013
12:22 EDTIBM, MSFT, GE, MCD, PEP, MDLZ, DELL, HPQ, BXOn The Fly: Midday Wrap
The Wall Street averages were mixed at midday in spite of declines in the shares of some of the biggest companies in the country following their earnings reports. The Dow's three worst performers near noon were IBM (IBM), General Electric (GE) and McDonald's (MCD) after all three reported earnings last night or this morning. Today is also options expiration day, which can add to volatility. The Dow managed to briefly cross into positive territory then slid back a bit, though the blue chip index is well off its worst levels despite IBM's sizable drag. ECONOMIC EVENTS: In the U.S., earnings were in focus as little impactful economic data was released. COMPANY NEWS: IBM missed expectations on the top and bottom line and the most-heavily weighted stock in the Dow slid over 7% in response. However, Citigroup attributed the Q1 miss to deal slippage and said the pullback was a buying opportunity, maintaining its $250 price target on IBM shares... Another tech heavyweight and Dow component, Microsoft (MSFT), advanced a bit over 3% after its own quarterly report... Nelson Peltz's Trian Fund disclosed increased stakes in PepsiCo (PEP) and Mondelez (MDLZ), spurring advances in both. Pepsi responded by acknowledging it has held talks with Trian in recent weeks and will consider the investment firm's ideas and initiatives... Shares of Dell (DELL) fell over 3.5%, and peer Hewlett-Packard (HPQ) slid 2%, after private equity firm Blackstone (BX) withdrew its takeover bid for Dell. MAJOR MOVERS: Among the notable gainers was Vertex Pharmaceuticals (VRTX), which rose 58% as firms around the Street upgraded or increased their price targets on its shares following new data from a trial of a cystic fibrosis drug candidate. Among the noteworthy losers were Air Methods (AIRM), which fell 13% after warning it expects to report losses for its first quarter, and Rambus (RMBS), which slipped 11% after its quarterly report. INDICES: Near noon, the Dow was down 12.98, or 0.09%, to 14,524.16; the Nasdaq was up 37.28, or 1.18%, to 3,203.64; and the S&P 500 was up 10.89, or 0.71%, to 1,552.50.
News For IBM;MSFT;GE;MCD;PEP;MDLZ;DELL;HPQ;BX From The Last 14 Days
Check below for free stories on IBM;MSFT;GE;MCD;PEP;MDLZ;DELL;HPQ;BX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | all recent news | >>
July 10, 2014
06:26 EDTHPQ, MSFTTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
Subscribe for More Information
06:18 EDTMSFT, HPQIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
Subscribe for More Information
05:24 EDTIBMIBM announces $3B cloud, big data systems research initiative
Subscribe for More Information
July 9, 2014
18:50 EDTHPQOn The Fly: After Hours Movers
Subscribe for More Information
18:17 EDTHPQHP, Lenovo shares up fractionally following PC shipment data
Shares of HP (HPQ) and Lenovo (LNVGY) are up fractionally after second quarter PC shipment data was released by Gartner and IDC. WHAT'S NEW: After eight quarters of declining shipments, worldwide PC shipments experienced flat growth in the second quarter of 2014, according to preliminary results by Gartner (IT). Worldwide PC shipments totaled 75.8M units in the second quarter, a 0.1% increase from the second quarter of 2013. According to the International Data Corporation, or IDC, Worldwide Quarterly PC Tracker, Worldwide PC shipments totaled 74.4M units in the second quarter of, a year-on-year decline of -1.7%. The results reflect the smallest decline in global PC shipments since the second quarter of 2012 when declining shipments of mini notebooks combined with a surge in tablet sales to disrupt the PC market. WHAT'S NOTABLE: According to IDC, the U.S. market showed strong 6.9% year-on-year growth in the second quarter. Continuing upgrades of Windows XP systems boosted shipments in commercial portables and desktops, helping the commercial segment. At the same time, retail acceptance of emerging product categories such as Chromebooks and ultraslims helped the consumer segment to stabilize. HP continued to hold the lead and gained 2% market share while four of the top 5 vendors experienced double-digit growth for the quarter. Lenovo and Toshiba (TOSBF) took advantage of some consumer interest in Windows 8 and a push to build up their presence in large enterprises. According to Gartner, Lenovo extended its lead as the leader in worldwide PC shipments, as its worldwide market share increased to 19.2%. Lenovo’s PC shipments grew by double-digits in all regions except Asia/Pacific. Lenovo’s shipment growth in Asia/Pacific was still faster than the regional average. OTHERS TO WATCH: Apple (AAPL), down marginally.
18:10 EDTHPQHP sources deny bid made for Rackspace, Re/code reports
Subscribe for More Information
11:00 EDTMSFTWells says VMware growth could slow, downgrades shares
Subscribe for More Information
08:31 EDTMSFTVMware CEO sees EMC helping it remain independent, WSJ reports
Subscribe for More Information
07:06 EDTGEUniversal Stainless & Alloy achieves S-400, S-1000 approvals from GE Aviation
Subscribe for More Information
06:36 EDTHPQNotebook vendors shifting more orders to China makers, DigiTimes reports
Subscribe for More Information
06:36 EDTMSFTMicrosoft warns of support deadlines for Windows 7
Subscribe for More Information
06:24 EDTMSFTGoogle Cloud Storage offering 2 TB of free storage through partner, WSJ reports
Subscribe for More Information
July 8, 2014
17:09 EDTGEGE, Suncor announce new investments in Alberta oil sands
Subscribe for More Information
09:04 EDTGEGE to supply SSE Renewables with wind turbines
Subscribe for More Information
09:03 EDTIBMIBM begins major collaboration with China's education ecosystem
IBM announced it has embarked on a major collaboration with China's education ecosystem focused on addressing the Big Data and Analytics skills opportunity in China. Dubbed IBM U-100, IBM will donate a range of IBM BD&A software worth $100M and provide expertise to support 100 universities in China.
09:02 EDTGEGE EFS, E.ON partner to complete GE-powered wind farm in Texas Panhandle
Subscribe for More Information
07:47 EDTMSFTThe Cato Institute holds a discussion
Subscribe for More Information
07:32 EDTMSFTSemiconductor Equipment & Materials International to hold a conference
SEMICON West to be held in San Francisco on July 8-10.
06:34 EDTHPQHP shares attractively valued at current levels, says Deutsche Bank
Deutsche Bank says shares of HP are not adequately reflecting the company's innovation and increased R&D investment. Deutsche notes HP's new product introductions are up nearly two times versus three years ago. The firm views the stock as attractively valued and reiterates a Buy rating on HP with a $40 price target.
06:22 EDTGEBoeing faces risk to long-term credit if Export-Import Bank is closed, WSJ says
According to a new study by S&P, Boeing (BA) could have to double its financial backing to airline and leasing-company clients over the long term if U.S. lawmakers decide to close the Export-Import Bank, the Wall Street Journal reports. S&P says that a significant expansion of its direct loans and guarantees risks harm to Boeing's long-term credit rating. Other manufacturers, like United Technologies (UTX), Caterpillar (CAT) and General Electric (GE), also face risks should the bank be eliminated. Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use