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Stock Market & Financial Investment News

News Breaks
November 19, 2012
12:13 EDTLOW, TSN, BMTI, WMGI, ARUN, CSCOOn 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
Check below for free stories on LOW;TSN;BMTI;WMGI;ARUN;CSCO the last two weeks.
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April 23, 2014
08:24 EDTLOWAppliances may shift from tailwind to headwind this year, says Janney Capital
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April 22, 2014
10:31 EDTCSCOCisco downgraded to Hold from Buy at Standpoint Research
April 16, 2014
12:16 EDTTSNPost likely to beat out Tyson for Michael Foods, WSJ says
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April 15, 2014
10:14 EDTARUNHigh option volume stocks: LPNT IWC MSI ARMH ARUN
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09:02 EDTCSCOLumos Networks selects Cisco as exclusive supplier for Project Ark
Lumos Networks (LMOS) announced the selection of Cisco (CSCO) as its exclusive supplier of mission critical equipment for Project Ark, its new broadband MPLS/IP fiber network designed primarily to handle Fiber to the Cell site traffic within the company’s network. Cisco’s ASR 9912 routers, the foundation for Project Ark, will be deployed in Ashburn, Virginia, Pittsburgh, Pennsylvania, Roanoke, Virginia and Charleston, West Virginia. Network construction will begin in the 2Q14 with completion of the first phase of Project Ark scheduled for the 3Q14. The company expects to begin routing traffic from newly installed FTTC sites onto the “Ark network” in 4Q14 and it is expected that existing FTTC traffic will be migrated to the “Ark network” in early 2015.
05:50 EDTCSCOStocks with implied volatility movement; YOKU CSCO
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April 14, 2014
07:06 EDTCSCOU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
05:51 EDTCSCOStocks with implied volatility movement; HLF CSCO
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April 11, 2014
15:44 EDTTSNTyson, Post final contenders to buy Michael Foods, Reuters says
Michael Foods, the egg and dairy products maker that has been put up for sale by Goldman Sachs' (GS) private equity arm, is evaluating binding bids from Tyson (TSN) and Post (POST) and is near a deal to be sold to one of the two for close to $2.5B, according to Reuters, citing people familiar with the matter. Reference Link
12:42 EDTARUN, CSCOOn The Fly: Analyst Initiation Summary
ASML (ASML) initiated with a Cautious at ISI Group... Analog Devices (ADI) initiated with a Buy at ISI Group... Applied Materials (AMAT) initiated with a Strong Buy at ISI Group... Aruba Networks (ARUN) initiated with a Buy at SunTrust... Broadcom (BRCM) initiated with a Neutral at ISI Group... CSX (CSX) initiated with an Outperform at Macquarie... Cisco (CSCO) initiated with a Buy at SunTrust... F5 Networks (FFIV) initiated with a Neutral at SunTrust... Genesee & Wyoming (GWR) initiated with a Neutral at Macquarie... Intel (INTC) initiated with a Neutral at ISI Group... Juniper (JNPR) initiated with a Buy at SunTrust... KLA-Tencor (KLAC) initiated with a Neutral at ISI Group... Lam Research (LRCX) initiated with a Strong Buy at ISI Group... Linear Technology (LLTC) initiated with a Cautious at ISI Group... Maxim Integrated (MXIM) initiated with a Neutral at ISI Group... Micron (MU) initiated with a Strong Buy at ISI Group... NVIDIA (NVDA) initiated with a Neutral at ISI Group... NXP Semiconductors (NXPI) initiated with a Strong Buy at ISI Group... Qualcomm (QCOM) initiated with a Strong Buy at ISI Group... Riverbed (RVBD) initiated with a Neutral at SunTrust... SanDisk (SNDK) initiated with a Neutral at ISI Group... Teradyne (TER) initiated with a Buy at ISI Group... Texas Instruments (TXN) initiated with a Neutral at ISI Group... Trulia (TRLA) initiated with a Neutral at Susquehanna... Union Pacific (UNP) initiated with a Neutral at Macquarie... Zillow (Z) initiated with a Positive at Susquehanna... Flamel Technologies (FLML) initiated with a Buy at Roth Capital... Parker Drilling (PKD) initiated with an Accumulate at Tudor Pickering.
06:08 EDTARUNAruba Networks initiated with a Buy at SunTrust
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06:08 EDTCSCOCisco initiated with a Buy at SunTrust
Target $27.
06:03 EDTCSCOCisco issues advisory on Heartbleed bug
Cisco issued an advisory stating that a long list of products were either confirmed vulnerable or under investigation for the Heartbleed bug. Among the 16 products confirmed vulnerable are the Cisco Unified Communication Manager 10.0, Cisco MS200X Ethernet Access Switch and several Cisco Unified IP Phones. Reference Link
April 10, 2014
08:18 EDTWMGIWright Medical upgraded to Outperform from Neutral at RW Baird
As previously reported, Baird upgraded Wright Medical to Outperform from Neutral. The firm upgraded shares due to valuation, an improved position in both hammer toe and ankle replacement and expectations for accelerating organic growht. Price target is $$36.
06:04 EDTWMGIWright Medical upgraded to Outperform from Neutral at RW Baird
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