New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For BX;FB;KCG;KKR;PSO 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 | all recent news | >>
October 13, 2014
05:15 EDTFBFacebook, Ericsson, XL Axiata innovate to improve Indonesia network performance
Subscribe for More Information
October 10, 2014
16:02 EDTFBActionable Options for Friday, October, 10
Subscribe for More Information
10:07 EDTFBFacebook, peer-to-peer lending groups in discussions, The Information says
Subscribe for More Information
08:28 EDTBXBlackstone to spin off financial advisory business
Subscribe for More Information
08:26 EDTBXBlackstone to spin off financial advisory business
08:09 EDTBXBlackstone plans to spin off advisory business, Bloomberg reports
Subscribe for More Information
07:57 EDTFBFacebook, India Telecom Minister discuss expanding in India, Economic Times says
Facebook CEO Mark Zuckerberg and India's Telecom Minister Ravi Shankar Prasad met to discuss expanding the reach of internet by using alternate technology, reports The Economic Times. According to sources, Facebook requested Prasad establish single point contact in his ministry for the alternative technology to which the minister immediately agreed. Reference Link
October 9, 2014
16:00 EDTFBOptions Update; October 9, 2014
Subscribe for More Information
06:59 EDTFBFacebook has no imminent WhatsApp monetization goals, Reuters says
Subscribe for More Information
October 8, 2014
16:01 EDTFBOptions Update; October 8, 2014
iPath S&P 500 VIX Short-Term Futures down 2.73 to 29.51. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX PBR AA CLF GILD according to Track Data.
09:38 EDTFBActive equity options trading on open
Subscribe for More Information
08:34 EDTBXWindy Cove Energy receives up to $700M from Blackstone for U.S. oil assets
Subscribe for More Information
07:24 EDTFBFacebook feature allows advertisers to find clients via location
Subscribe for More Information
07:08 EDTKKRKKR coverage assumed with an Outperform at Credit Suisse
Subscribe for More Information
06:00 EDTFBInstagram still most used social network for teens, says Piper Jaffray
Subscribe for More Information
October 7, 2014
18:11 EDTBXBlackstone to curb accelerated fee practice, WSJ says
According to a written exchange between the company and one of its fund investors, Blackstone Group will no longer retain additional consulting fees when selling or taking companies that it owns public, The Wall Street Journal reports. Reference Link
13:59 EDTKKRKKR invests in Lemonade Restaurant Group, terms not disclosed
Subscribe for More Information
13:48 EDTFBFacebook to release anonymous chat application, NY Times reports
Subscribe for More Information
13:33 EDTFBGoogle executive says Google+ here to stay, Re/code reports
Subscribe for More Information
10:08 EDTKKRSodaStream sinks after Q3 profit warning
Shares of SodaStream International (SODA) are sinking this morning after the company warned that revenue for the third quarter of 2014 will come in well below Wall Street estimates. SodaStream develops, manufactures and markets home beverage carbonation systems and related products. WHAT'S NEW: This morning, SodaStream reported preliminary Q3 revenue of $125M, significantly missing analysts' consensus estimate of about $154M. The company said it expects operating income of about $8.5M for the quarter. Chief Executive Officer Daniel Birnbaum cited an underperformance in the U.S. market as the primary driver of the quarterly shortfall, and said the results are an indication that the company must alter its course and improve its execution. Birnbaum said in a statement that the company is "very disappointed" by its recent performance, noting that it has "not succeeded in attracting new consumers to our home carbonation system at the rate we believe should be achieved." Birnbaum said the company has started a strategic shift towards health and wellness, mostly in the U.S., where he believes the message "will resonate more strongly" with customers. In addition, SodaStream is developing a growth plan, and more details are expected when Q3 results are reported later this month. WHAT'S NOTABLE: The carbonated beverage machine company has been the subject of buyout rumors for months. In July, Bloomberg reported that the company was in talks to go private for around $40 per share. In September, Israel's TheMarker said SodaStream was in talks to sell itself to a British investment fund for $840M, or $40 per share. SodaStream has also been rumored as an acquisition target for beverage makers SABMiller (SBMRY) and Diageo (DEO) or private equity group KKR (KKR), The Independent reported last month. In July, SodaStream cut its fiscal year 2014 revenue growth view to 5% from 15% and cut its FY14 net income expectations to a 5% decrease from a 3% increase. At that time, the company said it believed sales trends for sodamakers would remain challenging in the U.S. in the second half of the year. PRICE ACTION: In mid-morning trading, SodaStream shares dropped $5.72, or 21%, to $21.85.
<< 1 | 2 | 3 | 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