New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 13, 2014
09:15 EDTM, BABA, YHOO, HPJ, MYGN, JDSU, RIGL, ARWR, CREE, JKS, CSIQ, FCEL, DE, SEAS, KING, LIVEOn The Fly: Pre-market Movers
HIGHER: FuelCell (FCEL), up 4% after upgraded at Cowen... JinkoSolar (JKS), up 3.5% after signing five-year development agreement with Lishui City... Yahoo (YHOO), up 1.3% after disclosing Alibaba (BABA) agreed to sell assets relating to its SME loan business for $518M. UP AFTER EARNINGS: Canadian Solar (CSIQ), up 9%... Highpower International (HPJ), up 8.9%... LiveDeal (LIVE), up 28.6%. DOWN AFTER EARNINGS: Macy's (M), down 5%... SeaWorld (SEAS), down 28%... Myriad Genetics (MYGN), down 9%... Deere (DE), down 0.8%. LOWER: King Digital (KING), down 23.5%, downgraded at several firms including Piper Jaffray, Barclays and JPMorgan following the company's lowered outlook for fiscal 2014 growth rates... Rigel Pharmaceuticals (RIGL), down 10% after R348 did not meet endpoints in Phase 2 study... Cree (CREE), down 10.9%, downgraded at CLSA following the company's Q4 earnings results... Arrowhead Research (ARWR), down 8% after reporting third quarter results and providing an update on Phase 2a study of ARC-520... JDSU (JDSU), down 4.7%, downgraded at B. Riley and Piper Jaffray following its Q4 report and lower than expected Q1 guidance.
News For M;KING;SEAS;DE;FCEL;CSIQ;JKS;CREE;ARWR;RIGL;JDSU;MYGN;HPJ;YHOO;BABA;LIVE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | all recent news | >>
October 14, 2014
10:19 EDTBABAAlibaba initiated with a Buy at BofA/Merrill
Subscribe for More Information
10:05 EDTBABAAlibaba volatility flat as shares trend to post IPO lows
Subscribe for More Information
09:54 EDTKINGKing Digital falls, levels to watch
Subscribe for More Information
08:08 EDTYHOOYahoo to close Amman, Jordan office by end of year, TechCrunch reports
Yahoo will close its office in Amman, Jordan by the end of the year, TechCrunch reports, citing a confirmed statement by a company spokesperson. The company will funnel its Arab-language and English-language Arab-focused Internet portal to an office in Dubai and other regions. A Yahoo spokesperson says the move is part of its "global efforts to streamline operations." Reference Link
07:12 EDTBABAAlibaba initiated with a Buy at UBS
Target $100.
06:42 EDTCSIQPV modules with solar-grade wafers to account for 89% of capacity, DigiTimes says
Solarbuzz says solar photovoltaic modules using solar-grade wafers will account for 89% of solar capacity forecast to be installed in 2014, reports DigiTimes. Thin-filmed panel makers will supply nearly 8% of end-market demand in 2014, while premium cyrstalline silicon suppliers making up the remaining 3% share. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL), Panasonic (PCRFY) and Yingli Green Energy (YGE). Reference Link
06:25 EDTCREEReplacement of conventional lighting with LEDs picks up pace, DigiTimes says
The replacement of conventional lighting with LED has picked up pace in the United States and Europe as power utilities offer subsidies for LED lighting products and the EU lowers the RoHS Directive maximum mercury content, reports DigiTimes. According to industry sources in Taiwan, the average retail price for an Energy Star-certified LED light bulb in place of a 40W incandescent bulb in the US market is $3.99 and that for a 60W-equivalent LED light bulb stands at $5-$6. Reference Link
05:58 EDTBABACostco debuts in China through Alibaba Tmall platform
Subscribe for More Information
October 13, 2014
13:10 EDTYHOOGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
12:13 EDTYHOO, BABAYahoo upgraded as BGC sees higher chances for tax efficient monetization
Research firm BGC Partners upgraded its rating on Yahoo (YHOO) to Buy from Hold, saying that the chances of the company monetizing its assets in a more tax efficient manner have increased now that Alibaba (BABA) has come public. Among the possible scenarios, Yahoo may be acquired by Alibaba, the firm added. WHAT'S NEW: Yahoo's chances of paying a relatively low tax rate on the sale of its stakes in Alibaba and Yahoo Japan, a Japanese Internet company, have risen, BGC Financial analyst Colin Gillis stated. Yahoo could owe up to $15B of taxes on its sale of the assets, the analyst estimated. If Yahoo pays full tax liability, its stakes would be worth $43.5B. If it pays no taxes, the assets would be worth $58.5B, he estimated. Gillis set his price target on Yahoo at $50, representing the midpoint of the two scenarios, he stated. Among various scenarios that could play out, Alibaba could choose to buy Yahoo and subsequently unload Yahoo's core business and the American company's stake in Yahoo Japan, the analyst said. Yahoo shareholders could receive cash and shares of Alibaba as part of such a deal, Gillis stated. If Yahoo is not acquired by Alibaba, the American company should combine with AOL (AOL), as recently proposed by activist investor Starboard Value, Gillis contended. Merging with AOL could accelerate Yahoo's revenue growth by over 50% and increase its EBITDA by over 35%, Gillis estimated. PRICE ACTION: In early afternoon trading, Yahoo fell 1% to $39.18.
10:08 EDTYHOOOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
10:06 EDTMJ.C. Penney rises after selecting Home Depot executive as next CEO
Subscribe for More Information
09:28 EDTYHOO, BABAYahoo upgraded to Buy from Hold at BGC Financial
BGC Financial analyst Colin Gillis upgraded his rating on Yahoo (YHOO) shares to Buy saying the company's remaining assets should get monetized in a more tax efficient manner now that Alibaba (BABA) is public. Gillis also points out that Alibaba could see benefits from acquiring Yahoo. He raised his price target for Yahoo shares to $50 from $37.
09:06 EDTJKSJinkoSolar panels installed at Duke Energy's Capital Partners Solar Project, NC
JinkoSolar panels are being installed by SunEnergy 1 at the Duke Energy Renewables-owned Capital Partners Solar Project in eastern North Carolina. The solar project was announced as a partnership among three customers that will bring solar power from rural North Carolina to the urban settings of the Washington, D.C., institutions.
08:16 EDTBABAAlibaba to invest about $1.6B in rural expansion, Marbridge Daily says
Subscribe for More Information
07:12 EDTARWROligonucleotide Therapeutics Society to hold annual meeting
Subscribe for More Information
07:08 EDTDEDeere reports September U.S./Canada utility tractor sales up more than 28%
Subscribe for More Information
07:01 EDTJKSJinkoSolar to supply 21.5MW of PV solar modules for Searchlight solar projects
Subscribe for More Information
06:15 EDTMJ.C. Penney downgraded to Sell from Neutral at UBS
UBS downgraded its rating on J.C. Penney (JCP) shares to Sell saying the company's 2017 EBITDA target of $1.2B is overly optimistic as it assumes years of market share gains against strong competitors like Macy's (M) and Kohl's (KSS). UBS halved its price target for Penney shares to $5 from $10. The retailer's stock closed Friday down 52c to $7.12.
05:34 EDTCSIQCanadian Solar reports sale of 24.3 MWp of modules to EDF Renewable Energy
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 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