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Stock Market & Financial Investment News

News Breaks
February 28, 2013
06:08 EDTIOC, GRPNStocks with implied volatility movement; IOC GRPN
Stocks with implied volatility movement; InterOil (IOC), Groupon (GRPN) according to iVolatility.
News For IOC;GRPN From The Last 14 Days
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May 17, 2013
10:06 EDTIOCPertamina rumored to bid on InterOil New Guinea assets, PNG reports
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May 16, 2013
10:09 EDTGRPNGroupon co-CEO thinks revenue can grow to $100B annually, BI reports
Groupon co-CEO Ted Leonsis told Business Insider he believes the company can eventually generate $100B of revenue per year, according to an interview published last night. Reference Link
May 15, 2013
17:36 EDTIOCPaulson gives quarterly update on stakes
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11:13 EDTGRPNOptions with decreasing implied volatility: MM GMCR GRPN THRX SGMO
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10:35 EDTGRPNGroupon, Zynga advance after hedge fund reports new stakes
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09:58 EDTGRPNJana Partners reports new stakes in Groupon, Zynga
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07:20 EDTIOCInterOil in final talks on ‘multi-billion dollar’ LNG deal, Bloomberg reports
InterOil Corp. (IOC), which has plans to develop an LNG project in Papua New Guinea, is in the final stage of talks with major oil producers and a national oil company for a “multi-billion dollar” partnership, reports Bloomberg. Royal Dutch Shell (RDS.A) has said it had discussions with InterOil and was interested in the proposed Papua New Guinea LNG plant. Reference Link
May 14, 2013
16:23 EDTIOCOn The Fly: Closing Wrap
Stocks on Wall Street were higher on a Tuesday again, keeping the strange "Tuesday in 2013" streak alive. Some positive domestic economic data and bullish commentary from Appaloosa Management's David Tepper set the tone early and the averages traded with an upward bias for almost the entire trading day. Today's advance means that every Tuesday this year has seen the market log gains, and investors will have to wait another week to see if the pattern continues. ECONOMIC EVENTS: The NFIB small business optimism index for April rose to 92.1, versus expectations for it to climb to 90.3 from its prior 89.5 reading. Import prices were reported to have declined 0.5% in April, which was in-line with expectations. Export prices declined 0.7%, versus a forecast for a 0.1% drop in the month. COMPANY NEWS: Dell (DELL) shares lost 6c, or 0.44%, to $13.46 after Dow Jones said the company will report first quarter non-GAAP earnings of 20c per share, 15c below current consensus estimates. That followed an earlier report from CNBC's David Faber, who also said the company will report earnings that miss expectations and accurately called that Dell has moved its report to Thursday, which is earlier than had been expected... Sony (SNE) shares added $1.87, or 9.9%, but closed off their best levels at $20.76 after the New York Times reported that Dan Loeb of Third Point has built a 6.5% stake and proposes that the company take its entertainment unit public. MAJOR MOVERS: Among notable gainers was InterOil (IOC), up $7.46, or 9.57%, to $85.39 after reporting its earnings and saying its talks with "major oil companies and a national oil company" about a potential LNG partnership are in the final stages. Also higher was SodaStream (SODA), up $6.79, or 11.85%, to $64.08 after at least two analyst firms raised their price target on shares following yesterday's analyst day presentations. Among noteworthy losers was Solar City (SCTY), down $4.44, or 12.37%, to $31.44 after the company's first quarter earnings missed expectations and the stock was downgraded by at least two firms. Also lower was Velti (VELT), down 29c, or 14.5%, to $1.71 after its revenue outlook fell below estimates. INDICES: The Dow was up 123.57, or 0.82%, to 15,215.25; the Nasdaq was up 23.82, or 0.69%, to 3,462.61; and the S&P 500 was up 16.57, or 1.01%, to 1,650.34.
12:32 EDTIOCOn The Fly: Midday Wrap
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12:00 EDTIOCInterOil rises 11.1%
InterOil is up 11.1%, or $8.62, to $86.55
11:44 EDTGRPNOptions with decreasing implied volatility: GRPN MAKO GMCR EZCH SGMO
11:36 EDTIOCInterOil Corp volatility decreases on sharp rally after Q1 and outlook
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10:07 EDTGRPNGroupon introduces Breadcrumb point-of-sale app for iPad
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10:00 EDTIOCInterOil rises 8.5%
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08:17 EDTIOCInterOil says in 'final talks with multiple parties' about LNG partnership
InterOil stated in conjunction with its Q1 earnings press release last night, "Our investment banking advisors and the Company are in final discussions with multiple parties, including major oil companies and a national oil company, each of whom we believe, if chosen, would satisfy the PNG government's objectives." Note that InterOil said on March 1 that its advisors informed the company that several bids to partner with InterOil in its Gulf LNG project had been received as of that time.
May 13, 2013
16:37 EDTIOCInterOil reports Q1 EPS 8c, may not compare to consensus (12c)
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15:27 EDTIOCNotable companies reporting after market close
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May 10, 2013
14:52 EDTGRPNMarket poised to end week higher as tech helps lead advance
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11:59 EDTGRPNOptions with decreasing implied volatility: GRPN DGIT BMC BAX TRIP
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May 9, 2013
14:45 EDTGRPNGroupon management to meet with Sterne Agee
Field trip to company headquarters to be held in Chicago on May 13 hosted by Sterne Agee.
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