New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 15, 2014
09:21 EDTALB, LJPC, VOL, ROC, GSK, APOL, OPTT, CDXS, WWW, GPRO, LGF, GS, PLUG, RAI, JPM, BABA, LOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: JPMorgan (JPM), up 2.9%... Goldman Sachs (GS), up 1.7%... Wolverine World Wide (WWW), up 2%. HIGHER: Lionsgate (LGF), up 2.5% after forming a strategic collaboration with Alibaba (BABA)... Rockwood (ROC), up 13.5% after Albemarle (ALB) agreed to acquire all outstanding shares of Rockwood in a cash and stock transaction valued at approximately $6.2B, or $50.65 in cash and 0.4803 shares of Albemarle common stock for each Rockwood share. Albemarle up 6% after announcing the merger... Codexis (CDXS), up 80% after announcing collaboration and license agreement with GlaxoSmithKline (GXK)... Plug Power (PLUG), up 12% after stock initiated with an Outperform rating at FBR Capital... GoPro (GPRO), up 5% after stock initiated with an Outperform rating and $60 price target at JMP Securities... La Jolla Pharma (LJPC), up 25% after announcing pre-clinical data for LJPC-1010 in NASH. LOWER: Lorillard (LO), down 5% after Reynolds American (RAI) confirms deal to acquire the company in transaction valued at $68.88 per share. Reynolds American down 2% following the confirmation of the long speculated merger deal... Apollo Education (APOL), down 1.1% following an announcement that the Department of Education intends to conduct an ordinary course program review of University of Phoenix... Valero Energy (VLO), down 2% after announcing second quarter guidance below analyst estimates... Ocean Power (OPTT), down 25% after saying VWP unit intends to terminate its renewable energy demonstration program funding deed in Australia.
News For JPM;GS;LO;RAI;LGF;BABA;PLUG;GPRO;WWW;APOL;VOL;CDXS;GSK;LJPC;OPTT;ROC;ALB From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | all recent news | >>
January 22, 2015
06:26 EDTJPMJPMorgan CEO expected to receive $20M pay package for 2014, WSJ reports
Subscribe for More Information
06:13 EDTGSGoldman Sachs to lead $56M investment in Antuit Holdings, WSJ reports
Subscribe for More Information
January 21, 2015
13:54 EDTJPMJPMorgan could lose $1.5B as a result of 2008 error, Reuters says
Subscribe for More Information
13:41 EDTBABAAlibaba volatility increases into Q3 and outlook
Subscribe for More Information
13:38 EDTBABAEarnings Preview: eBay shares rise over 5.5% since last earnings report
Subscribe for More Information
12:30 EDTGSKGlaxoSmithKline 'admired' by Pfizer CEO, FT reports
Subscribe for More Information
09:37 EDTLOLorillard to host special shareholder meeting
Subscribe for More Information
09:32 EDTRAIReynolds American to host special shareholder meeting
Special shareholder meeting to approve the issuance of shares of common stock to Lorillard shareholders as consideration in the merger of the two companies will be held on January 28 at 9 am.
06:38 EDTBABAAlibaba looking to buy stake in New China Life Insurance, Reuters reports
Chinese e-commerce giant Alibaba (BABA) intends to buy shares in state-run New China Life Insurance Co, Shanghai Securities News reported today, according to Reuters. The newspaper did not provide details about the size of the stake that Alibaba is looking to buy, but said that state-owned Central Huijin Investment, plans to sell shares to Alibaba, Reuters added. The investment company has a stake of over 31% in New china Life, Reuters quoted the newspaper as saying. Reference Link
05:59 EDTBABAAlibaba implied volatility of 34 at lower end of index mean range
January 20, 2015
11:00 EDTGPROGoPro slides further, levels to watch
The stock has been in a persistent downtrend since the start of the year. Today the shares are getting closer to a test of support from late summer of last year. At the current price of $46.50, next support is at $44.85 and then at $43.10. Resistance is at $48.23.
10:44 EDTLO, RAIWells sees tobacco stocks as 'place to be' for 2015
Subscribe for More Information
07:52 EDTALBAlbemarle announces new organizational structure and senior leadership team
Albemarle announced that as a result of the completion of its acquisition of Rockwood Holdings, it will realign its global business units, effective by the end of the Q1. The new structure aligns the company's strategic assets and businesses to be market focused. The new Albemarle structure will consist of three global business units, or GBUs: Chemetall Surface Treatment, Refining Solutions and Performance Chemicals. Consistent with the new organizational structure, the company also announced its senior leadership team, all reporting to President and CEO Luke Kissam. Joris Merckx will serve as president, Chemetall Surface Treatment. Silvio Ghyoot will serve as president, Refining Solutions. Michael Wilson will serve as president, Performance Chemicals. Matt Juneau will serve as senior vice president, Corporate Strategy and Investor Relations. The leadership team changes will become effective with the realignment of the global business units before the end of the Q1. In the interim, business and investor questions should be routed to the current contact.
07:28 EDTGSTreasury Institute for Higher Education to hold a symposium
Subscribe for More Information
07:21 EDTRAI, LOWells Fargo calls Tobacco 'place to be,' upgrades Altria Group
Wells Fargo calls the U.S. Tobacco sector the "place to be" in consumer staples in 2015. Wells lists positive catalysts for the group as stronger pricing power, protection from currency risk and upside potential from e-cigarettes. The firm says Reynolds American (RAI) remains its top pick and it raised its price target range for shares to $79-$81 from $69-$71. Wells upgraded Altria Group (MO) to Outperform from Market Perform with an increased price target range of $56-$58. The firm also has an Outperform rating on Lorillard (LO). Wells has a "high conviction" that Reynolds' deal with Lorillard will be approved by the FTC in March or April.
06:58 EDTJPMBlackRock, Fidelity close to launching 'dark pool,' WSJ reports
Some of the largest mutual fund firms, including Fidelity, BlackRock (BLK), Bank of New York Mellon (BK),, T. Row Price (TROW) and JP Morgan (JPM) are among the firms that are close to launching a new "dark pool," The Wall Street Journal reports, citing sources. The effort, which involves nine firms in total, would look to shut out sell-side trading desks and high-speed trading firms. Reference Link
06:39 EDTBABAYahoo to announce Alibaba plans on or before January 27, AP says
Subscribe for More Information
05:36 EDTBABAAlibaba invests in Visualead
Subscribe for More Information
January 18, 2015
17:12 EDTGPROGoPro shares could drop further, Barron's says
Subscribe for More Information
15:30 EDTBABAAlibaba backed discount website Meituan raises $700M in funding, Bloomberg says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 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