New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 13, 2014
09:15 EDTHPJ, RIGL, JKS, DE, M, BABA, MYGN, ARWR, CSIQ, SEAS, YHOO, JDSU, CREE, FCEL, 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 | 7 | 8 | all recent news | >>
May 13, 2015
07:04 EDTJKSJinkoSolar signs 1 GW framework supply agreement with China Minsheng New Energy
Subscribe for More Information
06:55 EDTBABA, YHOOInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
06:09 EDTYHOOYahoo implied volatility of 22 at lower end of index mean range
Subscribe for More Information
05:38 EDTBABAAlibaba announces partnership with Disney
Subscribe for More Information
May 12, 2015
16:25 EDTYHOOOn The Fly: Top stock stories for Tuesday
Stocks began the session deep in negative territory as bond yields in Europe and the U.S. were moving higher. The market saw its lows shortly after the open and soon began to recapture some of its losses. By noon, the losses were cut in half and the Dow made it all the way back to positive ground by the afternoon. Unable to gather any upside momentum, the rally stalled and the averages limped into the close. ECONOMIC EVENTS: In the U.S., the National Federation of Independent Business' small business optimism rose 1.7 points to 96.9 in April, versus expectations for a 96.0 reading. The JOLTs report showed job openings fell 150K to 4.99M in March, versus expectations for 5.11M openings. The 10-year U.S. Treasury yield climbed at high as 2.37% earlier in the session, which was its highest intraday mark since last November, before easing back by midday. Outside of the U.S., bond yields surged on 10-year notes in Japan, Italy, Spain, Portugal, and Germany. COMPANY NEWS: Shares of AOL (AOL) advanced $7.93, or 18.62%, to $50.52 after Verizon (VZ) agreed to buy the company for $50 per share in a deal valued at $4.4B. Verizon's John Stratton, speaking at the Jefferies 2015 Global TMT Conference, said the AOL deal was primarily about ad technology and Re/code reported that "one scenario" the service has heard about is that Verizon plans to spin off some or all of the content operations it is acquiring by buying AOL, such as the Huffington Post. Yahoo (YHOO) also rose 24c, or 0.55%, to $43.84, as Cantor Fitzgerald analyst Youssef Squali said he now views it as the "last remaining large scale digital media company of its kind." MAJOR MOVERS: Among the notable gainers was Pall Corp. (PLL), which advanced $19.31, or 19.44%, to $118.62 after The Wall Street Journal reported that the company is near a possible sale and listed Danaher (DHR) and Thermo Fisher (TMO) as potential buyers. Also higher was Pain Therapeutics (PTIE), which gained 68c, or 35.05%, to $2.62 after announcing that a study of its lead drug candidate, that is specifically designed to discourage certain common methods of drug tampering and misuse, demonstrated with statistical significance that both intact and chewed Remoxy were less "liked" than immediate-release oxycodone on the two primary endpoints of Drug Liking and Drug High. Among the noteworthy losers was ITT Educational Services (ESI), which plunged $1.75, or 43.53%, to $2.27 after the SEC announced that it had charged the company, along with its CEO and CFO, with fraud. Also lower were shares of NewLink Genetics (NLNK), which dropped $15.59, or 29.9%, to $36.55 after stating that it would continue its flagship IMPRESS trial as planned despite disclosing the FDA did not endorse management's plan to change the statistical analysis plan as defined in the original protocol. INDEXES: The Dow fell 36.94, or 0.2%, to 18,068.23, the Nasdaq slid 17.38, or 0.35%, to 4,976.19, and the S&P 500 dropped 6.21, or 0.29%, to 2,099.12.
15:00 EDTMNotable companies reporting before tomorrow's open
Subscribe for More Information
14:48 EDTDEWASDE report bearish for ag equipment demand, says Wells Fargo
Subscribe for More Information
14:09 EDTMMacy's May volatility increases into Q1 and outlook
Subscribe for More Information
13:36 EDTJKSJinkoSolar may spin off yieldco in 2015, DigiTimes says
Chinese solar energy company JinkoSolar may spin off a yieldco this year in roder to raise funds, according to DigiTimes, which cited reports in Chinese media. Yieldcos own power generating assets and produce steady income, the website quoted the reports as saying. Reference Link
12:44 EDTMEarnings Watch: Macy's sees FY15 EPS $4.70-$4.80, total sales up about 1%
Subscribe for More Information
12:34 EDTYHOOOn The Fly: Top stock stories at midday
Subscribe for More Information
11:47 EDTYHOOYouTube's engineering head Panchapakesan dies, Re/code reports
Subscribe for More Information
11:14 EDTYHOOAOL premium low but likely best bet for AOL shareholders, Bloomberg says
Subscribe for More Information
10:31 EDTYHOOCantor sees higher bid for AOL unlikely, positive on Yahoo
Cantor Fitzgerald analyst Youssef Squali downgraded AOL (AOL) two notches to Sell from Buy after Verizon (VZ) agreed to acquire the company for $50 per share. Squali finds the takeover valuation "relatively fair" and believes a higher bidder for AOL is unlikely to emerge. The analyst believes the transaction could be positive for Yahoo (YHOO), which he views as the "last remaining large scale digital Media company of its kind." Squali has a Buy rating on Yahoo with a $60 price target.
10:16 EDTARWROptions with decreasing implied volatility
Options with decreasing implied volatility: NDLS WTW FUEL AOL LC NLNK ZU CYBR ARWR HZNP
09:38 EDTBABA, YHOOActive equity options trading on open
Subscribe for More Information
07:41 EDTBABAApple CEO says holding talks about Apple Pay with Alibaba, Reuters reports
Subscribe for More Information
06:45 EDTBABAFunds backed by Jack Ma, Pony Ma bought up to $200M in Fosun sale, WSJ says
Subscribe for More Information
05:44 EDTBABAMeraas signs deal with Alibaba's Aliyun to boost big data services
Subscribe for More Information
05:42 EDTBABACainiao launches there-hour delivery service in five major Chinese cities
Cainiao, the logistics affiliate of Alibaba, unveiled a swift delivery service in five Chinese cities, including Beijing, Shanghai, Guangzhou, Hangzhou and Tianjin, that will deliver products to consumers within three hours after they place their orders. The logistics service will initially cover healthcare products ordered from Tmall.com but will be gradually expanded to cover other product categories. By the end of 2015, Cainiao plans to expand this service to 14 other major cities including Shenzhen, Nanjing, Chongqing, Wuxi, Qingdao, Shenyang and Xi’an, bringing the total number of cities covered by this innovative service to 19. At the initial launch, Cainiao has teamed up with more than 1,500 drugstores from five pharmacy chains that have flagship storefronts on Tmall.com. Two more pharmacy chains will join the scheme in Wuhan and Chengdu in late May.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 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