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Stock Market & Financial Investment News

News Breaks
August 30, 2013
10:05 EDTJOY, SPLS, VOD, NTES, DANG, SOHU, YOKU, OVTIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Joy Global (JOY) downgraded to Hold from Buy at BB&T... Staples (SPLS) downgraded to Neutral from Overweight at JPMorgan... Vodafone (VOD) downgraded to Neutral from Outperform at RW Baird... NetEase.com (NTES) downgraded to Neutral from Overweight at JPMorgan... Dangdang (DANG) downgraded to Underweight from Neutral at JPMorgan... Sohu.com (SOHU) downgraded to Neutral from Overweight at JPMorgan... Youku Tudou (YOKU) downgraded to Neutral from Overweight at JPMorgan... OmniVision (OVTI) downgraded to Hold from Buy at Craig-Hallum.
News For JOY;SPLS;VOD;NTES;DANG;SOHU;YOKU;OVTI From The Last 14 Days
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August 14, 2014
16:30 EDTOVTIOn The Fly: Closing Wrap
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15:15 EDTOVTIOmniVision price target rasied to $32 following Hua Capital offer at Needham
Needham raised its price target on OmniVision to $32 from $27 following Hua Capital Management's preliminary offer to acquire all the company's shares at $29 per share cash. The analyst believes a deal near $32 is more likely given recent industry transactions, the likelihood of a higher bid and potential for other bidders to emerge. Shares are Buy rated.
12:59 EDTOVTIOmniVision competing bid 'highly unlikely,' says Wedbush
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12:46 EDTVODHayman Capital gives quarterly update on stakes
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12:30 EDTOVTIOn The Fly: Midday Wrap
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10:53 EDTOVTIHigh option volume stocks
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09:44 EDTOVTIOmniVision volatility expected to move on non-binding acquisition proposal
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09:14 EDTOVTIOmniVision to resume trading at 9:50 am ET after disclosing buyout offer
OmniVision announced earlier that its board has received a preliminary non-binding proposal from Hua Capital Management to acquire all of the outstanding shares of common stock of the company at $29.00 per share in cash. The stock remains halted, but quotation is set to resume at 9:45 am ET and trading is scheduled to resume at 9:50 am ET, according to Nasdaq. OmniVision shares were up fractionally to $24.76 in pre-market trading prior to being halted.
09:06 EDTOVTIOmniVision reports Q2 EPS (7c)
Reports Q2 revenue $7.15M.
09:04 EDTOVTIOmniVision announces receipt of non-binding acquisition proposal
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08:55 EDTOVTIOmniVision trading halted, pending news
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05:23 EDTDANGDangdang sees Q3 net revenue growth around 30%
Dangdang expects total net revenues in Q3 to be approximately RMB 1,983.6M, representing year-over-year growth of around 30.0%. The company also expects GMV from its marketplace to grow at a rate of 80.0% year-over-year to approximately RMB1,745.4M in Q3.
05:22 EDTDANGDangdang reports Q2 EPS 6c, consensus 2c
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August 13, 2014
19:02 EDTNTESNetEase.com reports Q2 EPS $1.48, consensus $1.46
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15:29 EDTDANGDangdang August 16 straddle priced for 10.5% move into Q2
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15:27 EDTDANGDangdang 1H book sales value up over 40%, Sina.com says
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15:05 EDTNTESNotable companies reporting after market close
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14:25 EDTDANGDangdang technical comments ahead of results
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08:46 EDTYOKUYouku Tudou August weekly volatility elevated into Q2 and outlook
Youku Tudou August weekly call option implied volatility is at 74, September is at 57, December is at 53; compared to its 26-week average of 60 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on August 19.
August 12, 2014
06:30 EDTVODEricsson deploys its Charging System for Vodafone India
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