New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 5, 2014
10:33 EDTRVBD, A, LO, ISRGOptions with increasing implied volatility: RSX LO RVBD ISRG A
News For LO;RVBD;ISRG;A From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 21, 2015
15:28 EDTISRGNotable companies reporting after market close
Subscribe for More Information
14:10 EDTISRGIntuitive Surgical technical comments before results
Subscribe for More Information
14:01 EDTISRGEarnings Watch: Intuitive Surgical to report Q1 earnings amid currency headwind
Subscribe for More Information
08:51 EDTAJPMorgan life sciences analyst holds an analyst/industry conference call
Subscribe for More Information
07:28 EDTISRGIntuitive Surgical easy comps present near-term opportunity, says Canaccord
Subscribe for More Information
April 20, 2015
15:16 EDTLOGreenlight starts new GM long position, rolls Lorillard short bet to Reynolds
David Einhorn's Greenlight Capital hedge fund said in its latest quarterly letter to investors that it had established new long positions in General Motors (GM), Chicago Bridge & Iron (CBI) and AerCap Holdings (AER) last quarter. WHAT'S NEW: Greenlight believes GM should benefit from low gas prices, low raw material costs, and its decision to launch share buybacks, Greenlight stated. GM has an excellent chance of beating 2015 EPS expectations, added the firm. Einhorn's group said they found the valuation of Chicago Bridge and Iron, an engineering and construction company with significant exposure to energy, attractive following the stock's decline. Although energy prices may stay low for some time, the company has a significant backlog that should support its earnings for several years, Greenlight stated. Additionally, the market is overestimating how much of the cost overruns for two nuclear energy projects with be shouldered by the company, Greenlight contended. AerCap, the largest publicly traded aircraft leasing company, bought AIG's (AIG) aircraft leasing business last year at a bargain price, Greenlight stated. The combined business will benefit from AerCap's low tax rate, as well as efficiencies, the hedge fund believes. WHAT'S NOTABLE: Greenlight exited its short position in Lorillard (LO). Greenlight noted that it has rolled its short bet on Lorillard into a fresh position in Reynolds American (RAI), since it still believes that the FDA is gearing up to do "something major" in terms of regulation of menthol cigarettes, but is moving "slowly and deliberately" because it anticipates an extremely aggressive industry response. The firm also exited two other short positions because the companies agreed to takeovers: Safeway (SWY) and Freescale Semiconductor (FSL), which has agreed to sell itself to NXP Semicondictors (NXPI).
14:16 EDTLOEinhorn lists AerCap, CBI, GM as new longs, Bloomberg reports
Subscribe for More Information
April 19, 2015
14:47 EDTAMerck submits supplemental biologics license for Keytruda in lung cancer
Subscribe for More Information
April 17, 2015
13:23 EDTLOLorillard reports Q1 adjusted EPS 82c, consensus 77c
Subscribe for More Information
12:23 EDTLOLorillard reports total retail market share of cigarettes for Q1 at 15.5%
Total Lorillard retail market share of cigarettes for the first quarter was a record 15.5%, increasing 0.3 share point compared to the corresponding period of 2014.
12:20 EDTLOLorillard to pay $1.133B in April under State Settlement Agreements
In April, the company paid, or will pay, $1.133B under the State Settlement Agreements, primarily based on 2014 volume. Included in the payment is $93M deposited in an interest-bearing escrow account in accordance with procedures established in the MSA pending resolution of a claim by the company and the other Original Participating Manufacturers that they are entitled to reduce their MSA payments based on a loss of market share to non-participating manufacturers. The previously-announced combination with Reynolds American (RAI) remains subject to regulatory approval and the additional customary closing conditions contained in the merger agreement. Although no assurance can be given if and when the transaction will be completed because it remains subject to regulatory approval and additional customary closing conditions, the transaction is expected to close in the first half of 2015.
10:43 EDTLOOptions with increasing implied volatility: PNK FOSL ARCP LO
Subscribe for More Information
07:13 EDTLOReynolds American confident Lorillard, Imperial deals will close by mid-2015
Subscribe for More Information
06:36 EDTLOTeenagers' use of e-cigarettes tripled last year, NY Times says
Subscribe for More Information
April 16, 2015
12:41 EDTISRGIntuitive Surgical volatility elevated into Q1 and outlook
Subscribe for More Information
07:38 EDTISRGJefferies positive on Intuitive Surgical ahead of Q1 results
Subscribe for More Information
April 15, 2015
08:01 EDTLOU.S. traditional cigarette Q1 outlook strong, says Wells Fargo
Subscribe for More Information
April 14, 2015
12:36 EDTLOTobacco companies file suit against FDA over labeling guidance, Reuters says
Subscribe for More Information
12:19 EDTLOTobacco companies file suit against FDA over labeling guidance, Reuters says
Subscribe for More Information
April 13, 2015
16:18 EDTAeBay announces executive appointments ahead of PayPal separation
Subscribe for More Information
1 | 2 | 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