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Stock Market & Financial Investment News

News Breaks
May 28, 2014
09:19 EDTKORS, BEE, ACUR, WDAY, PDH, TOL, DDD, DSW, QIHU, TWTR, FORMOn The Fly: Pre-market Movers
HIGHER: Workday (WDAY), up 4% after reporting a lower than expected Q1 loss, higher than expected revenue... Toll Brothers (TOL), up 3.7% after reporting Q1 earnings which beat analyst's consensus... Twitter (TWTR), up 3% after upgraded at Nomura... Qihoo 360 (QIHU), up 3% after reporting Q1 results which surpassed analyst's anticipations... PetroLogistics (PDH), up 9.7% after agreeing to be acquired by Flint Hills for $14.00 per unit... FormFactor (FORM), up 11.1% after upgraded at B. Riley following raised revenue guidance. DOWN AFTER EARNINGS: Michael Kors (KORS), down 0.8% despite reporting better than expected Q4 EPS, revenues... DSW (DSW), down 21% after Q1 earnings, FY14 outlook miss expectations... ALSO LOWER: 3D Systems (DDD), down 6% after 5.95M share spot secondary offering priced at $53.25 per share... Acura Pharma (ACUR), down 16.7% after downgraded at MLV & Co. following the announcement that the FDA advised the company that the data from the AP-ADF-301 for AVERSION hydrocodone bitartrate with acetaminophen product candidate are insufficient to support an intranasal abuse deterrence claim... Strategic Hotels (BEE), down 5.9% after 36M share secondary offering priced at $10.50 per share.
News For KORS;TWTR;QIHU;DSW;DDD;TOL;PDH;WDAY;ACUR;BEE;FORM From The Last 14 Days
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July 10, 2014
09:36 EDTTWTRActive equity options trading on open
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09:13 EDTKORSMichael Kors volatility at low end of historic range on tight price movement
Michael Kors overall option implied volatility of 32 is below its 26-week average of 34 according to Track Data, suggesting decreasing price movement.
09:07 EDTQIHUWeibo, Qihoo jointly launch independent blogging platform, Marbridge Daily says
Weibo (WB), Qihoo 360 (QIHU), and UCWeb will jointly launch a new platform intended for use by independent news bloggers in China, said Marbridge Daily, citing Sina Tech. Reference Link
06:10 EDTDSWDSW opens new stores in Canada
DSW announced the opening of its first two DSW Designer Shoe Warehouse stores in Canada, in partnership with Town Shoes Limited. The two new Canadian retail locations, each approximately 20,000 square feet in size, will make them the largest shoe stores in the country.
July 9, 2014
16:01 EDTTWTROptions Update; July 9, 2014
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12:05 EDTDDDStocks with call strike movement; JCP DDD
3D Systems (DDD) November 65 call option implied volatility decreased 2% to 47, J.C. Penney (JCP) November 11 call option implied volatility decreased 5% to 47 according to IVolatility.
09:35 EDTTWTRActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AA FB AMZN TSLA TWTR MU NFLX GG CELG
07:27 EDTFORM6th Annual CEO Investor Summit to be held in San Francisco on July 9
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07:01 EDTKORSMichael Kors names Mark Brashear as president of Men's, effective July 7
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July 8, 2014
16:00 EDTTWTROptions Update; July 8, 2014
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12:48 EDTTWTROn The Fly: Midday Wrap
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12:02 EDTTWTRStocks with call strike movement; BBRY TWTR
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11:03 EDTTWTRTwitter breaks another layer of support, levels to watch
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10:48 EDTWDAYWorkday volatility flat on wide price movement
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09:45 EDTTWTRTwitter heads lower in early trading, breaks $40
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09:36 EDTTWTRActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA TWTR GILD EXXI FB MGM
07:33 EDTPDHPetroLogistics announces expiration of waiting period for acquisition
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06:53 EDTKORSMichael Kors re-launch of eyewear a multi-year catalyst, says Piper Jaffray
Piper Jaffray believes the recently signed 10-year license agreement between Michael Kors (KORS) and Luxottica (LUX) represents a multi-year opportunity for both companies. After meeting with Luxottica, Piper believes the company's goal of $100M in wholesale sales in three years could prove conservative given the growing appeal for the Michael Kors brand. The firm views eyewear as another comp drive for Michael Kors and a multi-year catalyst for the company. It keeps an Overweight rating on the stock with a $115 price target.
06:03 EDTTWTRTwitter names global media head, CCO, Re/code reports
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05:48 EDTKORSStocks with implied volatility movement; NNG KORS
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