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News Breaks | | | | November 19, 2012 | | 16:25 EDT |  | LOW, INTC, TSN, LGND, GSK, DMND, LRN | On The Fly: Closing Wrap
Stocks on Wall Street were higher after the averages all advanced sharply at the open and maintained gains through the trading day. Optimism about hopes for a resolution to the fiscal cliff helped push stocks into positive territory Friday and that positive momentum carried over as the new week began. Positive economic data from the National Association of Realtors also buoyed investor confidence on the day... ECONOMIC EVENTS: In the U.S., the National Association of Realtors said that resales of existing homes climbed 2.1% last month to a seasonally adjusted annual rate of 4.79M units, beating forecasts for sales to have declined 0.2% from the prior month. The housing market index for November, a barometer of homebuilder sentiment, rose to 46, versus expectations for a flat 41 reading... COMPANY NEWS: Lowe's (LOW) reported earnings per share with charges that met expectations and revenue that beat consensus, sending shares higher $1.98, or 6.19%, to $33.96... Intel's (INTC) CEO Paul Otellini announced plans to retire in May and shares leveled off after some early day volatility, ending up 6c, or 0.30%, to $20.25... MAJOR MOVERS: Among the notable gainers was Tyson Foods (TSN), advancing $1.84, or 10.90%, to $18.72 after its quarterly earnings beat consensus and the company raised its regular dividend and declared a special dividend. Also higher were shares of Ligan Pharmaceuticals (LGND), up $2.40, or 14.40%, to $19.07 after the company's partner GlaxoSmithKline (GSK) said the FDA approved a new indication for its supportive care treatment for a condition associated with chronic hepatitis C. Among noteworthy losers was (DMND), down $1.79 or 11.83%, to $13.34 after the stock was downgraded to Underperform from Hold at Jeffries. Also lower were shares of K12 (LRN), down $3.84, or 18.78%, to $16.61 following a downgrade to Market Perform at Wells Fargo prompted by issues at one of its schools in Colorado. The company said in a midday release that it has been working "for some time" with Colorado Virtual Academy to address the performance issues that have arisen there... INDICES: The Dow was up 207.65, or 1.65%, to 12,795.96; the Nasdaq was up 62.94, or 2.21%, to 2,916.07; and the S&P 500 was up 27.01, or 1.99%, to 1,386.89. | |
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News For LOW;INTC;TSN;LGND;GSK;DMND;LRN From The Last 14 Days Check below for free stories on LOW;INTC;TSN;LGND;GSK;DMND;LRN the last two weeks. |
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| June 18, 2013 | | 17:12 EDT |  | INTC | Nvidia to begin licensing GPU cores, visual computing portfolio
 Subscribe for More Information | | | 15:03 EDT | | INTC | Intel recommends shareholders reject TRC Capital's 'mini tender' offer
Subscribe for More Information | | | 11:47 EDT | | TSN | Hormel Foods falls after lowering profit outlook
Subscribe for More Information | | | 08:37 EDT |  | GSK | Drug companies turn to microchips to test medicines, WSJ reports
Subscribe for More Information | | | 08:17 EDT | | INTC | Intel reportedly plans high-end Haswell PC chips for 2014, BGR says
Subscribe for More Information | | | 07:13 EDT | | GSK | Aspen in talks buy GSK's Arixtra, Fraxiparine brands
Subscribe for More Information | | | 07:07 EDT | | GSK | GlaxoSmithKline receives offer for thrombosis brands from Aspen
GlaxoSmithKline said it received an offer for its thrombosis brands and Notre-Dame de Bondeville site from Aspen Global. A period of exclusivity has been agreed with Aspen. The financial terms are confidential at this time, but the offer includes the transfer of the Arixtra and Fraxiparine brands to Aspen, along with the related manufacturing site and the majority of employees at NDB in France and certain dedicated commercial employees, GSK said. "The proposed transaction is aligned to GSK's strategy of focusing on products with the most growth potential and the delivery of its pipeline," the company added. | | | June 17, 2013 | | 11:57 EDT |  | DMND | Options with decreasing implied volatility: DMND LYV CTRX ULTA HRB
| | | 05:38 EDT | | LOW | Lowe's enters $205M purchase agreement with Orchard Supply Hardware
Subscribe for More Information | | | 05:35 EDT | | LOW | Orchard Supply Hardware reaches $205M acquisition agreement with Lowe's
Subscribe for More Information | | | | June 14, 2013 | | 11:18 EDT | | DMND | Options with decreasing implied volatility: DMND DOLE HRB PVH
Subscribe for More Information | | | June 13, 2013 | | 06:40 EDT | | INTC | Cable companies looking to derail Intel broadcast bid, NY Times says
Subscribe for More Information | | | June 12, 2013 | | 19:54 EDT | | GSK | GlaxoSmithKline investigates bribe claims in China, WSJ says
Subscribe for More Information | | | 19:44 EDT | | LRN | Colorado, K12 to launch online public school
The Colorado digital board of cooperative education services received approval from the state board of education to open its first online public school. The online school, Colorado Preparatory Academy, is set to launch next year and is open to all students in grades K-12 across the state. The school will use curriculum and academic programs provided by K12. | | | 07:45 EDT | | INTC | Time Warner Cable offers incentives to discourage web TV, Bloomberg says
Subscribe for More Information | | | 07:16 EDT | | GSK | GlaxoSmithKline fires head of R&D in China, WSJ says
GlaxoSmithKline has fired it's head of R&D in China after finding that he had incorporated "misinterpreted" data in a paper he helped write for a journal, Nature Medicine, according to The Wall Street Journal, citing the company. Reference Link | | | June 11, 2013 | | 16:00 EDT | | INTC | Options Update; June 11, 2013
Subscribe for More Information | | | 11:27 EDT | | DMND | High option volume stocks: LQD OMC KNDI DMND CTRX
Subscribe for More Information | | | 10:13 EDT |  | DMND | Diamond Foods rises after earnings, restatement, and new CFO
Subscribe for More Information | | | 06:24 EDT | | INTC | Intel may step out of brand esrver motherboard business, DigiTimes says
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