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Stock Market & Financial Investment News

News Breaks
February 25, 2013
09:18 EDTAVID, SSYS, XONE, LOW, MJN, PRLBOn The Fly: Pre-market Movers
HIGHER: Barnes & Noble (BKS), up 11% after saying it will evaluate the sale of its retail business following a proposal from founder Leonard Riggio... Elan (ELN), up 7.6% after getting $11 per share takeover bid from Royalty Pharma... Zynga (ZNGA), up 9.4%, Glu Mobile (GLUU), up 6.8%, following last week's approval of online gambling by Nevada... Amgen (AMGN), up 2.6% after the recall of a drug that competes with Amgen's Epogen... UP AFTER EARNINGS: Hertz (HTZ), up 6.8%... Lowe's (LOW), up 0.5%... LOWER: Affymax (AFFY), down 85% following voluntary safety recall of Omontys, numerous downgrades of the stock... Dynavax (DVAX), down 29% after FDA said certain indication of investigational adult hepatitis B vaccine cannot be approved without further safety evaluation... Avid Technology (AVID), down 9% after postponing Q4 earnings release... Mead Johnson (MJN), down 5% after disclosing change in Hong Kong's rules for formula products moving to mainland China... DOWN AFTER EARNINGS: 3D Systems' (DDD), down 12.9%, peers Stratasys (SSYS), Proto Labs (PRLB), ExOne (XONE) down in sympathy.
News For LOW;SSYS;PRLB;XONE;AVID;MJN From The Last 14 Days
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July 2, 2015
09:22 EDTMJNMead Johnson Nutrition names Michel Cup EVP, CFO
Mead Johnson Nutrition announced that Michel Cup will join the company as executive VP and CFO, effective September 1. Cup will assume responsibility for Mead Johnson’s global finance function and information systems and management. He will also oversee the company’s external development efforts. Cup was most recently the CFO of D.E. Master Blenders 1753, an international coffee and tea company based in the Netherlands. Cup will take over from Charles Urbain, who currently serves as the company’s interim CFO. Effective September 1, Urbain will assume a newly created role as executive VP and COO.
08:06 EDTSSYSStratasys acquires RTC Rapid Technologies to strengthen presence in GSC region
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June 30, 2015
10:00 EDTLOWOn The Fly: Analyst Upgrade Summary
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08:03 EDTLOWLowe's upgraded to Outperform at BMO Capital
As previously reported, BMO Capital upgraded Lowe's (LOW) to Outperform and increased its price target to $81 from $73. The firm's State Economic Scoreboard research indicates stronger relative housing improvement and overall economic activity in Southeastern states, where Lowe's has a larger store footprint. The firm said sales to the Pro segment could accelerate and potentially narrow the gap in comp-store sales with Home Depot (HD) if growth broadens in the coming months. Additionally, strengthening Q2 housing metrics and robust relative traffic give the firm increased confidence in its 4% Q2 comp-store sales forecast for Lowe's.
06:02 EDTLOWLowe's upgraded to Outperform from Market Perform at BMO Capital
June 24, 2015
16:21 EDTAVIDOn The Fly: Top stock stories for Wednesday
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10:47 EDTAVIDAvid Technology mentioned cautiously in a Seeking Alpha article
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10:21 EDTLOWLowe's says more focused on asset productivity rather than square footage
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June 23, 2015
07:15 EDTLOWOppenheimer to hold a conference
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