New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 17, 2012
12:16 EDTZNGA, FSLR, KO, AMTG, GS, DNN, JNJOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday, as the International Monetary Fund raised its view on U.S. and global growth prospects. Stock futures spurted higher during the pre-market trading session following the IMF’s increase in its growth projections. Also helping push the futures upward were positive earnings reports from some of the country’s largest corporations. The futures action led to a higher open for the broader market. The market pared its opening gains during the first 30 minutes of trading but then resumed it march higher and sat near its daily highs near noon... ECONOMIC EVENTS: Domestically, housing starts for the month of March decreased 5.8%, versus expectations of an increase of 1.0%. The annual run rate came in at 654,000 units, versus the consensus estimate of 750,000. The number of building permits issued, however, rose 4.5% to 747,000, versus expectations of a decrease of 0.7% to 710,000. Industrial production was reportedly flat in March, versus expectations for a 0.3% increase. Capacity utilization was in line with forecasts at at 78.6%. Also, the International Monetary Fund said it sees world output growing 3.5% in 2012, raising its projection for United States growth to 2.1%. The IMF said it sees growth in China slowing to 8.2% and real GDP in the euro area contracting in the first half of 2012 but then recovering... COMPANY NEWS: All but one Dow component was higher near noon, led by shares of Coca Cola (KO), which rose 2.7% following its better than expected earnings report. The only Dow decliner was Johnson & Johnson (JNJ), which reported adjusted earnings that beat expectations but revenues below the Street's forecast... Goldman Sachs's (GS) stock was nearly flat in spite of earnings and revenue that beat expectations and an increase in its quarterly dividend to 46c from 35c... MAJOR MOVERS: Among the notable gainers were First Solar (FSLR), up nearly 13%, after it announced plans to cut its global workforce by approximately 2,000 positions, or about 30%, in response to conditions in Europe, and Denison Mines (DNN), up almost 15%, after agreeing to sell its mining assets and operations located in the United States to Energy Fuels. Noteworthy losers included Apollo Residential Mortgage (AMTG), down 6%, after filing to sell 13.9M shares of its common stock, and Zynga (ZNGA), down over 3%, amid reports that its newly acquired Draw Something game has seen its daily active use fall off... INDICES: Near noon, the Dow was up 181.57, or 1.41%, to 13,102.98; the Nasdaq was up 50.58, or 1.69%, to 3,038.98; and the S&P 500 was up 19.24, or 1.40%, to 1,388.81.
News For KO;JNJ;GS;FSLR;DNN;AMTG;ZNGA From The Last 14 Days
Check below for free stories on KO;JNJ;GS;FSLR;DNN;AMTG;ZNGA 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 | all recent news | >>
April 8, 2014
10:03 EDTKOOn The Fly: Analyst Initiation Summary
1st United Bancorp (FUBC) initiated with a Neutral at Macquarie... Avista (AVA) initiated with a Fair Value at CRT Capital... Castlight Health (CSLT) initiated with a Neutral at Goldman... Cempra (CEMP) initiated with an Equalweight at Barclays... Coca-Cola (KO) initiated with a Buy at BTIG... JinkoSolar (JKS) initiated with an Overweight at Barclays... Lumenis (LMNS) initiated with a Buy at Goldman... National Retail Properties (NNN) initiated with an Overweight at Morgan Stanley... PepsiCo (PEP) initiated with a Buy at BTIG... Realty Income (O) initiated with an Underweight at Morgan Stanley... Teekay (TK) initiated with an Outperform at Raymond James... Twitter (TWTR) initiated with a Buy at Janney Capital... Realogy (RLGY) initiated with an Outperform at RBC Capital... Bristow Group (BRS) initiated with an Outperform at Clarkson Capital... Era Group (ERA) initiated with an Outperform at Clarkson Capital... Endurance (EIGI) initiated with a Buy at Craig-Hallum... Tutor Perini (TPC) initiated with an Overweight at Stephens... MannKind (MNKD) initiated with an Outperform at Brinson Patrick... TriCo Bancshares (TCBK) initiated with an Outperform at Fig Partners... Achaogen (AKAO) initiated with an Outperform at Cowen.
07:28 EDTKOSecurity Innovation Network to hold a forum
IT Security Entrepreneurs Forum: ITSEF 2014 is being held in Mountain View, California on April 8-9.
07:26 EDTJNJElsevier Business Intelligence to hold a conference
Subscribe for More Information
06:46 EDTGSGoldman expects Orban risk as Hungary bonds suffer, Bloomberg says
Subscribe for More Information
April 7, 2014
19:57 EDTGSFederal Reserve announces extension on some CLOs
The Federal Reserve Board announced that it intends to exercise its authority to give banking entities two additional one-year extensions to conform their ownership interests in and sponsorship of certain collateralized loan obligations, or CLOs, covered by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Volcker rule. Section 619 of the Dodd-Frank Act directed the board to adopt rules for the conformance period and the board previously extended the conformance period for all activities and investments by one year to July 21, 2015. To ensure effective compliance, the board intends to grant banking entities two additional one-year extensions, which together would extend until July 21, 2017, to conform their ownership interests in and sponsorship of CLOs to the statute. Publicly traded companies that may be impacted by the announcement include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
16:10 EDTKOCoca-Cola initiated with a Buy at BTIG
Target $48.
07:18 EDTZNGAZynga added to Best Ideas List at Wedbush
Subscribe for More Information
06:28 EDTGSGoldman sees opportunity to slice China junk debt after gains, Bloomberg says
Subscribe for More Information
April 4, 2014
16:17 EDTZNGASAC Capital lowers passive stake in Zynga to 3.9% from 5.3%
Subscribe for More Information
12:16 EDTGSGoldman CEO Blankfein awarded raise for 2013, WSJ says
Subscribe for More Information
10:50 EDTFSLRFirst Solar rallies after Citigroup ups price target
Subscribe for More Information
10:17 EDTKOCoke investment in Keurig cuts short interest but also M&A talk, Bloomberg says
Subscribe for More Information
07:49 EDTFSLRFirst Solar price target raised to $87 from $63 at Citigroup
Citigroup raised its price target for First Solar shares to $87 from $63 after shifting its valuation to 2016 estimates and reiterates a Buy rating on the stock. Citi believes First Solar's 2013 guidance could prove conservative.
07:27 EDTGSMorgan Stanley pushes back at HFT accusations, FT says
Subscribe for More Information
06:58 EDTKOCoke, investor battle over 2014 compensation plan, Reuters says
Wintergreen Advisers, which says it owns more than 2.5M shares of Coca-Cola on behalf of clients, intensified its critique of the proposed 2014 equity compensation plan, according to Reuters, citing letters from Wintergreen CEO David Winters. Winters is encouraging the soda-maker's board to pull the plan and replace it with a different one. Reference Link
06:04 EDTFSLRStocks with implied volatility below IV index mean; SWY FSLR
Subscribe for More Information
April 3, 2014
07:35 EDTKOCoca-Cola best positioned to cope with natural competition, says Wells Fargo
Subscribe for More Information
07:28 EDTGSSinopec said to select Goldman for $30B unit sale, Bloomberg says
Subscribe for More Information
06:26 EDTFSLRSolarbuzz expects record demand for PV industry in 2014, DigiTimes says
Subscribe for More Information
06:01 EDTFSLRStocks with implied volatility below IV index mean; SWY FSLR
Stocks with implied volatility below IV index mean; Safeway (SWY) 11, First Solar (FSLR) 46 according to iVolatility.
1 | 2 | 3 | 4 | 5 | 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