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Stock Market & Financial Investment News

News Breaks
April 8, 2010
05:55 EDTLYV, LYVLive Nation files to sell 2.97M shares of common stock
News For LYV From The Last 14 Days
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June 19, 2013
05:21 EDTLYVLive Nation acquires majority stake in BDG Music, terms not disclosed
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June 18, 2013
11:36 EDTLYVOptions with decreasing implied volatility: LYV ULTA HRB
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June 17, 2013
11:57 EDTLYVOptions with decreasing implied volatility: DMND LYV CTRX ULTA HRB
June 13, 2013
11:51 EDTLYVOptions with decreasing implied volatility: NAV CTRX ULTA LAMR LYV
June 12, 2013
16:20 EDTLYVOn The Fly: Closing Wrap
Stocks on Wall Street were lower despite opening sharply higher as the market looked to avoid its first three day losing streak of the year. Downside momentum quickly took hold however, and the averages moved steadily lower through the session, moving to their lows in the final hour of trading but finishing just off those levels. ECONOMIC EVENTS: In the U.S., the MBA's purchase applications composite index rose 5.0% for the week. The U.S. posted a $139B May budget deficit against expectations for a $130B deficit, and compared to a $124.6B deficit a year ago. In Europe, factory production in the 17-nation euro area rose 0.4% in April from March, compared to expectations for it to remain unchanged. COMPANY NEWS: Cooper Tire (CTB) agreed to be acquired by India's Apollo Tyres for $35.00 per share in cash, or $2.5B. Cooper shares surged $10.10, or 41.12%, to $34.66 to trade near $34.50 following the deal announcement, while peer Goodyear Tire (GT) advanced about 33c, or 2.26%, to $14.93... Live Nation (LYV) shares gained $2.33, or 16.84%, to $16.17 after the company announced it prevailed in an arbitration ruling related to a ticketing license software agreement... MAJOR MOVERS: Among the notable gainers was Ulta Salon (ULTA), up $12.51, or 14.87%, to $96.64 following its quarterly earnings report. Also higher was Health Management (HMA), up $1.58, or 11.34%, to $15.51 after Glenview Capital said in a filing it is seeking to repeal a provision that prevents entities from holding more than 15% of the company's stock and saying it would look to nominate candidates to the company's board. Among noteworthy losers was Biogen (BIIB), down $16.48, or 7.39%, to $206.55 after the stock was downgraded to Neutral from Buy at Citigroup, which cited concerns that EU medical regulators are unlikely to approve the company's multiple sclerosis treatment. Also lower were U.S.-listed shares of Vodafone (VOD), down 71c, or 2.47%, to $28.12 after the company confirmed it approached Kabel Deutschland about a possible deal. INDICES: The Dow was down 126.79, or 0.84%, to 14,995.23; the S&P 500 was down 13.61, or 0.84%, to 1,612.52; the Nasdaq was down 36.52, or 1.06%, to 3,400.43.
14:43 EDTLYVLive Nation resumes trading
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14:35 EDTLYVLive Nation prevails in CTS arbitration proceeding
Live Nation reported that it has prevailed in its arbitration against Germany-based CTS Eventim AG, and that the arbitrator ruled that the company validly terminated its ticketing software license agreement with CTS in June 2010, and therefore has no liability to CTS. The arbitration proceeding, related to the former ticketing software license agreement between the two companies, had been pending with the International Court of Arbitration of the International Chamber of Commerce since its initiation by CTS in April 2010.
14:25 EDTLYVLive Nation trading halted, pending news
11:13 EDTLYVHigh option volume stocks: CTB LYV MAS GLNG XBI
June 7, 2013
11:52 EDTLYV High option volume stocks: LYV NBL IP JAH TIVO RMD
June 5, 2013
13:12 EDTLYVHigh option volume stocks: OIS AVNR LQD LYV
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