New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 19, 2012
12:13 EDTCSCO, BMTI, ARUN, TSN, WMGI, LOWOn The Fly: Midday Wrap
Stocks on Wall Street were sharply higher at midday as sales of existing homes rose in October and a gauge of homebuilder sentiment climbed to a six-year high in November. Stocks began the session higher as investors appeared to be more optimistic that congressional leaders could agree on compromises to solve the fiscal cliff dilemma. The market picked up momentum shortly after the open following the impressive real estate data. The market has been in a holding pattern for about the last two hours and continues to trade in a narrow range... 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 up 7%... MAJOR MOVERS: Among the notable gainers was Tyson Foods (TSN), up 8.5% after beating quarterly expectations, raising its regular dividend and declaring a special dividend. Also higher were shares of BioMimetic Therapeutics (BMTI), up 75% after striking a deal to merge with Wright Medical (WMGI). Wright moved lower fractionally following the announcement. Among the other losers was Aruba Networks (ARUN), which retreated a bit over 1% after Cisco (CSCO) bought Meraki, a competitor to Aruba... INDICES: Near noon, the Dow was up 175.09, or 1.39%, to 12,763.40; the Nasdaq was up 50.51, or 1.77%, to 2,903.64; and the S&P 500 was up 22.83, or 1.68%, to 1,382.71.
News For LOW;TSN;BMTI;WMGI;ARUN;CSCO 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 | >>
March 30, 2015
07:28 EDTARUNPalo Alto Networks to hold a security conference
Ignite 2015 is being held in Las Vegas on March 30-April 1.
March 27, 2015
10:03 EDTCSCOOn The Fly: Analyst Initiation Summary
Subscribe for More Information
March 26, 2015
16:36 EDTCSCOCisco initiated with a Neutral at Guggenheim
Subscribe for More Information
March 25, 2015
11:58 EDTTSNStephens food/agribusiness analyst holds analyst/industry conference call
Subscribe for More Information
08:57 EDTTSNJBS S.A. weighing IPO for U.S. unit, Bloomberg reports
The world’s biggest meat producer, JBS S.A. (JBSAY), is mulling plans for an initial public offering of its U.S. unit, according to Bloomberg, citing two people with direct knowledge of the matter. Other publicly traded companies in the meat production space include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link
07:29 EDTWMGILeerink to hold booth tours
Leerink Booth Tours at AAOS 2015 will be held in Las Vegas on March 25-26.
06:04 EDTCSCOStocks with implied volatility below IV index mean; CSCO HPQ
Subscribe for More Information
March 24, 2015
11:10 EDTWMGIWright Medical approval expected quarter later than guidance at Piper Jaffray
After polling industry contacts about the Wright Medical's (WMGI) Augment vendor issues, Piper Jaffray now expects Augment will be approved in mid-Q3, or a quarter later than management has guided. The firm still expects the Tornier (TRNX) deal to close even if the timing slips further. It keeps an Overweight rating on Wright with a $24 price target.
09:05 EDTCSCOVerizon moves to 100G network in the U.S.
Subscribe for More Information
08:56 EDTCSCORBC Capital to hold company meetings at OFC 2015
Company Meetings being held at the Optical Fiber Communication Conference: OFC 2015 in Los Angeles on March 24.
07:50 EDTTSNTyson Foods shares should be bought, says BB&T
Subscribe for More Information
05:57 EDTCSCOStocks with implied volatility below IV index mean; CSCO HPQ
Subscribe for More Information
March 23, 2015
09:25 EDTCSCONorthland Securities analysts hold an analyst/industry conference call
Subscribe for More Information
06:06 EDTCSCOStocks with implied volatility below IV index mean; CSCO YELP
Stocks with implied volatility below IV index mean; Cisco (CSCO) 18, Yelp (YELP) 40 according to iVolatility.
March 20, 2015
16:31 EDTLOWLowe's announces new $5B share repurchase program
Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies has authorized a new repurchase program of $5B of the company's common stock. This new repurchase program has no expiration date and adds to the previous program's balance, which was $2.4B as of January 30.
07:24 EDTCSCOBroadcom chip renews competition with in-house hardware makers, WSJ says
Subscribe for More Information
March 19, 2015
06:00 EDTCSCOStocks with implied volatility below IV index mean; CYBR CSCO
Stocks with implied volatility below IV index mean; CyberArk (CYBR) 69, Cisco (CSCO) 20 according to iVolatility.
05:50 EDTCSCOTCL and Cisco announce mobile cross-terminal platform, DigiTimes reports
Subscribe for More Information
March 18, 2015
10:18 EDTLOWEvercore ISI to hold a summit and tour
Subscribe for More Information
05:35 EDTCSCODeutsche Telekom and Cisco launch intercloud services on OpenStack
Deutsche Telekom (DTEGY) and Cisco (CSCO) are announcing a newly developed Intercloud-based services for small- and medium-sized businesses and enterprise customers. The two companies announced their Intercloud collaboration in September 2014. Deutsche Telekom and Cisco are currently setting up the necessary infrastructure for a redundant Intercloud node in Deutsche Telekom's high-performance data centers in Magdeburg and Biere near Berlin, Germany. Deutsche Telekom will deliver sovereign and highly secure services that meet Germany's strict data protection standards to business customers throughout the European region.
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