New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 29, 2014
09:11 EDTTWTR, NFLX, P, LNKD, YELP, OPENRBC Capital to hold a bus tour
Internet Bus Tour travels throughout San Francisco to meet with various companies on May 29.
News For LNKD;NFLX;OPEN;P;TWTR;YELP 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 | 8 | 9 | all recent news | >>
July 22, 2015
15:02 EDTNFLXOptions Update; July 22, 2015
Subscribe for More Information
10:15 EDTNFLXOptions with decreasing implied volatility
Subscribe for More Information
08:08 EDTPPandora has reached attractive entry point, says Oppenheimer
Subscribe for More Information
07:41 EDTTWTRTwitter blocked by Turkey following recent terror attack, AP reports
Subscribe for More Information
06:12 EDTTWTRHerbalife requests user information from Twitter, Reuters reports
Herbalife (HLF) has filed a petition seeking information from Twitter (TWTR) to find an anonymous user who posted defamatory tweets against Herbalife, Reuters reports. Herbalife wants Twitter to provide IP addresses as well as account details of the user so that the company can pursue legal action, the report says. Reference Link
July 21, 2015
10:24 EDTNFLXOptions with decreasing implied volatility
Subscribe for More Information
09:35 EDTNFLXActive equity options trading on open
Active equity options trading on open: AAPL FB IBM TSLA BAC PVA NFLX
08:09 EDTYELPYelp ending efforts to find buyer a positive, says Brean Capital
Subscribe for More Information
July 20, 2015
16:01 EDTNFLXOptions Update; July 20, 2015
Subscribe for More Information
10:43 EDTYELPZillow slides to 52-week low after Barclays cuts to sell
The shares of Zillow (Z) are falling after Barclays downgraded the stock to Underweight, the firm's equivalent of a "Sell" rating, citing increased competition in the "local" segment of the Internet market. Zillow's websites advertise homes that are up for sale. WHAT'S NEW: In a note to investors earlier today, Barclays analyst Christopher Merwin wrote that, heading into second quarter results, he does not recommend Internet stocks that have been "challenged" and have relatively "cheap" valuations. These valuations are only "cheap" based on consensus estimates that are probably too high, the analyst believes. Based on that criteria, he downgraded Zillow to Underweight from Equal Weight. He also used the same criteria to downgrade Yelp (YELP), whose website features user reviews of local businesses, to Equal Weight from Overweight. Both companies are facing an "atypical level" of competition, driven by a favorable venture capital funding environment, Merwin indicated. The competition has driven down the companies' multiples, he believes. WHAT'S NOTABLE: Merwin recommended that investors buy the shares of small and mid cap Internet companies whose estimates are just beginning to be revised upwards by analysts. He identified IAC (IACI), which owns several dating websites, as one stock in this category. IAC should benefit from increased monetization of its popular Tinder dating app and the stabilization of its core dating websites, the analyst contended. Also poised for further positive estimate revisions are video game makers Electronic Arts (EA) and Activision Blizzard (ATVI), Merwin believes. The companies' increased revenue from digital games should mitigate the risk they face from slowing software growth as sales of new consoles slow, the analyst believes. He noted that 50% of both companies' revenue are now generated from digital games and identified Electronic Arts and Activision Blizzard as two of his top ideas. PRICE ACTION: In morning trading, Zillow fell 5% to $79 after hitting a 52-week low of $76.82 earlier in the session. Meanwhile, Yelp slid 1.6% to $34.40, IAC fell fractionally to $83.83, Electronic Arts added about 1% to $74.15 and activision Blizzard rose 0.5% to $25.93.
10:13 EDTNFLXOptions with decreasing implied volatility
Subscribe for More Information
10:00 EDTYELPOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:53 EDTNFLXNetflix falls to session lows, levels to watch
Subscribe for More Information
09:52 EDTYELPYelp August volatility elevated as shares trend lower
Yelp July weekly call option implied volatility is at 49, August is at 69; compared to its 52-week range of 38 to 81, suggesting large August price movement.
09:42 EDTYELPYelp hits a new 52-week low, levels to watch
Shares are down over 3.8% to $33.62 at time of writing. At that price next support is at $33.35, the new low, and then at $32.88. Resistance is at $34.62. Barclays downgraded the stock to Equal Weight and cut its price target to $36.
09:34 EDTNFLXActive equity options trading on open
Subscribe for More Information
09:22 EDTYELPOn The Fly: Pre-market Movers
Subscribe for More Information
06:06 EDTTWTRStocks with implied volatility above IV index mean; XOMA TWTR
Subscribe for More Information
05:44 EDTYELPZillow Group downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Christopher Merwin downgraded Zillow Group (Z) to Underweight saying competition is increasing in local. Underweight is Barclays' equivalent to a sell rating. The real estate and rental marketplace owner closed Friday at $83.27. Merwin believes consensus growth estimates are likely too high heading into Zillow's Q2 results and cut his price target for the stock to $70 from $90. The analyst this morning also downgraded Yelp (YELP) to Equal Weight for similar reasons. His top U.S. Internet picks heading into Q2 earnings season are IAC (IACI), Activision Blizzard (ATVI) and Electronic Arts (EA). Merwin thinks Activision and Electronic Arts will receive more than half of their 2015 revenue from digital.
05:37 EDTYELPYelp downgraded to Equal Weight from Overweight at Barclays
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 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