New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 23, 2014
09:09 EDTARTX, NEO, AVGO, PLXT, HRG, CENT, WEC, TEG, COCO, COH, XXIA, JCP, QCOM, PRKR, LULUOn The Fly: Pre-market Movers
HIGHER: lululemon (LULU), up 4.4% after the WSJ reported that the company's founder is in talks with Goldman bankers as he considers options... J.C. Penney (JCP), up 1% after closing $2.35B credit facility... Integrys Energy (TEG), up 11.6% after Wisconsin Energy (WEC) agreed to acquire the company for $9.1B... Central Garden & Pet (CENT), up 11% after Harbinger Group (HRG) offers to acquire the company for $10 per share in cash... PLX Technology (PLXT), up 10.4% after Avago (AVGO) agreed to acquire the company for $6.50 per share in cash... Corinthian Colleges (COCO), up 27% after agreeing with the Department of Ed in principle on transition plan... BioCryst (BCRX), up 4.3% after upgraded at Wells Fargo... NeoGenomics (NEO), up 8.6% after raises Q2 revenue view. LOWER: ParkerVision (PRKR), down 34% before being halted for trading after a judge rules in favor of Qualcomm (QCOM) in a patent suit between the two companies... Ixia (XXIA), down 5.2% after reporting Q4 earnings below analyst's expectations... Coach (COH), down 1.1% after downgraded at Wedbush... Arotech (ARTX), down 11% after FY14 revenue view is lower than expectations.
News For LULU;PRKR;QCOM;JCP;XXIA;COH;COCO;TEG;WEC;CENT;HRG;PLXT;AVGO;NEO;ARTX From The Last 14 Days
Check below for free stories on LULU;PRKR;QCOM;JCP;XXIA;COH;COCO;TEG;WEC;CENT;HRG;PLXT;AVGO;NEO;ARTX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
August 26, 2014
06:08 EDTQCOMStocks with implied volatility below IV index mean; QCOM ITMN
Stocks with implied volatility below IV index mean; Qualcomm (QCOM) 13, InterMune (ITMN) 16 according to iVolatility.
August 25, 2014
17:55 EDTCOCOCorinthian Colleges says need to obtain additional sources of liquidity
In a regulatory filing, Corinthian Colleges disclosed that the company has entered into a Consent and Amendment No. 4 to Credit Agreement, dated as of August 19, by and among the company, Everest Colleges Canada, the Guarantors party thereto, the Lenders party thereto and Bank of America, as Domestic Administrative Agent and Canadian Agent...As previously reported by the company, the company has been, and is, seeking additional sources of liquidity through, among other things, asset sales. On August 20, the company sold to an unrelated third party, on a non-recourse basis, after conducting a bid process, a portfolio of student loans for approximately $19M. The company’s decision to sell certain of its student loans which it had previously intended to hold for investment resulted in a change in the accounting treatment for such loans from “held for investment” to “held for sale.” the company concluded on August 19 that an impairment charge is required of approximately $55M to $59M. The company expects to include the impairment charge in its consolidated financial statements for the fiscal year ended June 30...Additionally, the CFPB requested certain documents relating to a recently-completed sale of student notes and certain information relating to the student loans that the company continues to hold and any private lending arrangements to which the company is currently a party...The company added that Corinthian Colleges continues to need to obtain additional sources of liquidity to fund its operations and to implement the agreements contemplated by the Operating Agreement. To do so, the company will continue to seek additional sources of liquidity through new financings, additional cost reductions, accelerated asset sales or some combination thereof. There can be no assurance that the company will be able to obtain any such additional needed liquidity on a timely basis, on terms acceptable to it, or at all. Any withholding of Title IV funds by ED, or further restrictions on funding or operations by accrediting agencies, state agencies, or other funding sources would exacerbate the company’s existing liquidity constraints.
12:16 EDTJCPJ.C. Penney rises, levels to watch
The stock is holding above what was strong resistance at the $10 area. JPMorgan earlier recommended the shares as a long idea, and the stock is up over 4.6% on greater than average daily volume to $10.65. At that price, next resistance is at $11.22. Support is at $10.42.
10:16 EDTJCPJ.C. Penney rises after analyst predicts more store closures coming
Subscribe for More Information
07:37 EDTJCPJ.C. Penney recommneded as a Long Trade Idea at JPMorgan
Subscribe for More Information
07:23 EDTCOCOGovernment not looking to push other colleges out of business, says Wells Fargo
In the wake of Corinthian Colleges' (COCO) dissolution due to actions taken by the Department of Education, Wells Fargo thinks the government did not intend for this scenario to unfold. After speaking with unnamed "knowledgeable sources" about the issue, the firm does not expect the department to take similar actions in the future because doing so would create too much of a workload for the department, Wells believes. Publicly traded companies in the space include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon (LOPE), ITT Educational (ESI) and Strayer (STRA).
06:14 EDTQCOMStocks with implied volatility below IV index mean; QCOM VRNG
Subscribe for More Information
August 22, 2014
11:17 EDTAVGOPeregrine unlikely to receive competing bid, says Oppenheimer
Oppenheimer believes Peregrine (PSMI) is unlikely to receive a competing takeover bid to Murata's since Murata is Peregrine's largest customer and Avago (AVGO) and Skyworks (SWKS) are looking to diversify away from mobile. Opco thinks Murata may look to divest Peregrine's non-mobile business, and views Skyworks, RF Micro Devices (RFMD), Analog Devices (ADI), and M/A-Com Technology (MTSI) as logical buyers for the business.
06:35 EDTQCOMChina's NDRC say Qualcomm aims to end investigation, Reuters says
China's National Development and Reform Commission said that Qualcomm is aiming to end a probe into monopolistic tendencies and had showcased its desire to improve and fix pricing problems, according to Reuters, citing a statement from the NDRC. Reference Link
05:07 EDTPRKRParkerVision names Samsung as additional defendant in patent infringement suit
Subscribe for More Information
August 21, 2014
17:02 EDTXXIAIxia appoints Bethany Mayer as CEO
Subscribe for More Information
17:00 EDTAVGOAvago files to sell $1B of 2% convertible senior notes due 2021
Subscribe for More Information
10:35 EDTJCPSears falls after reporting Q2 loss that more than doubled analyst projections
Subscribe for More Information
10:22 EDTJCPOptions with decreasing implied volatility
Options with decreasing implied volatility: AMPE FOLD VHC ACHN JCP WB JD YPF
09:00 EDTAVGOSeveral semi companies have positive read through from deal, says Sterne Agee
After Infineon (IFNNY) bought International Rectifier (IRF), Sterne Agee thinks the deal indicates that the shares ofother players in the sector - including Spansion (CODE), NXP Semiconductors (NXPI), and Avago (AVGO) - can rise further. The firm keeps Buy ratings on the latter three stocks.
05:50 EDTQCOMStocks with implied volatility movement; QCOM SNDK
Subscribe for More Information
August 20, 2014
11:42 EDTJCPOptions with decreasing implied volatility
Subscribe for More Information
05:51 EDTJCPStocks with implied volatility movement; JCP VHC
Subscribe for More Information
August 19, 2014
10:42 EDTJCPOptions with decreasing implied volatility
Subscribe for More Information
06:29 EDTAVGOMorgan Stanley remains a buyer of Avago
Subscribe for More Information
1 | 2 | 3 | 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