New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 26, 2012
12:10 EDTM, GOL, AMZN, NFLX, URBN, LTD, GPS, KORS, COH, JWN, SKS, SHLD, MEDOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday despite a report that indicated U.S. home prices rose more than forecast in October. Volume is light due to the holiday, but also because investors are still anxiously seeking a resolution to the fiscal cliff standoff in Washington... ECONOMIC EVENTS: In the U.S., the S&P/Case-Shiller index of property values in 20 cities increased 4.3% in October from a year ago, versus expectations for a 4% gain. The Richmond Fed December manufacturing survey fell to 5 from a prior reading of 9. Analysts had forecast a drop to a reading of 8. In Europe, most markets were closed. Asian markets, particularly Japan's, traded broadly higher for a second-straight session, as the official appointment of Shinzo Abe as Japan's prime minister continued to drive down the Yen and lift Tokyo-traded share prices... COMPANY NEWS: Retail and apparel makers' stocks slid after reports indicated that holiday sales were likely weaker than expected. MasterCard's SpendingPulse unit estimated that retail sales from October 28 through Christmas Eve increased just 0.7% from a year ago. Separate data from retail consulting firm Customer Growth Partners estimated sales rose about 2.8%, which would make this the worst holiday-shopping season since 2009. Among the stocks performing significantly worse than their respective averages were Macy’s (M), Sears (SHLD), Saks (SKS), Nordstrom (JWN), Coach (COH), Michael Kors (KORS), Gap (GPS), Limited (LTD) and Urban Outfitters (URBN)... Netflix‘s (NFLX) streaming video service suffered an outage on Christmas Eve, which the company blamed on technical problems at Web service provider Amazon.com (AMZN)... MAJOR MOVERS: Among the notable gainers was GOL Linhas (GOL), a low-cost airline in Latin America which saw its U.S. listed shares rise 10% after the company announced late Friday that it has segregated the activities of its "Smiles" loyalty program, a business unit it previously said may be put up for an initial public offering. Also higher were shares of Herbalife (HLF), up over 6% after the Wall Street Journal said the company has hired a prominent law firm to assist in its fight with investor Bill Ackman. Among the noteworthy losers was Medifast (MED), down nearly 12% after the company's acting CFO resigned... INDICES: Near noon, the Dow was down 45.94, or 0.35%, to 13,093.14; the Nasdaq was down 21.00, or 0.70%, to 2,991.60; and the S&P 500 was down 7.93, or 0.56%, to 1,418.73.
News For M;SHLD;SKS;JWN;COH;KORS;GPS;LTD;URBN;NFLX;AMZN;GOL;MED From The Last 14 Days
Check below for free stories on M;SHLD;SKS;JWN;COH;KORS;GPS;LTD;URBN;NFLX;AMZN;GOL;MED the last two weeks.
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 | >>
September 4, 2014
18:28 EDTKORS, GPSOn The Fly: After Hours Movers
Subscribe for More Information
16:26 EDTKORSMichael Kors offers 11.63M shares for Sportswear Holdings
Michael Kors announced that it has launched a secondary public offering of ordinary shares pursuant to a shelf registration statement on Form S-3 filed with the SEC on behalf of Sportswear Holdings Limited, one of its principal founding shareholders, for the offering of 11.63M ordinary shares, representing all of the ordinary shares held by Sportswear Holdings. Effective as of the closing date of the offering, Lawrence Stroll and Silas Chou will resign from the company’s board. Following their resignation, the company’s board will be comprised of seven directors. J.P. Morgan Securities LLC will act as sole book-running manager for the offering.
16:05 EDTGPSGap falls in extended session trading, levels to watch
The stock is down after hours by 3.6% to $44.88. At that price next support is at $43.38. Resistance is at $45.43.
16:03 EDTGPSGap falls 3.7% after announcing August SSS drop, likely gross margin pressure
16:02 EDTGPSGap reports August SSS down 2%
Subscribe for More Information
16:00 EDTNFLX, AMZNOptions Update; September 4, 2014
Subscribe for More Information
09:35 EDTAMZNActive equity options trading on open
Subscribe for More Information
09:30 EDTGOLGOL Linhas upgraded to Overweight from Equal Weight at Morgan Stanley
Subscribe for More Information
09:01 EDTJWNNordstrom board authorizes $1B share repurchase program
Nordstrom announced that its board of directors has authorized a repurchase program of up to $1B of the company’s outstanding common stock, through March 1, 2016. The company intends to fund the repurchase program from existing cash on hand. The actual number and timing of share repurchases, if any, will be subject to market conditions and applicable Securities and Exchange Commission rules. This program is in addition to the company’s existing repurchase program that was approved by the board in February 2013. The existing repurchase program has $323Mn outstanding as of September 3, 2014, and will expire on March 1, 2015.
07:52 EDTAMZNAmazon.com well-positioned to beat 2015 profit expectations, says Bernstein
Bernstein expects Amazon.com's 2015 profits and margins to beat expectations, driven by batter than expected category mix shift and greater scale. The firm raised its price target on the stock to $450 from $360 and keeps an Outperform rating on the shares.
06:22 EDTAMZNeBay to meet PayPal estimates despite competition, says Piper Jaffray
Subscribe for More Information
September 3, 2014
16:01 EDTNFLXOptions Update; September 3, 2014
Subscribe for More Information
13:50 EDTAMZNAmazon.com slips lower, levels to watch
The shares are down over 1% to $338.94. At that price next support is at $337.55, the session low. Resistance is at $340, an intraday pivot high.
13:38 EDTNFLXNetflix acquires rights to 'Gotham' series for $1.75M per episode, Deadline says
Netflix has acquired the streaming rights for the upcoming drama series "Gotham" for $1.75M per episode, Deadline reports. This exclusive streaming rights purchase is the first deal to be made for a broadcast series before its television premiere, Deadline added. Reference Link
10:07 EDTNFLXNetflix volatility low as shares at record high
Subscribe for More Information
09:36 EDTNFLXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA TWTR PBR C GILD NFLX FB BIDU
08:31 EDTAMZNAmazon CFO Thomas Szkutak to retire in June 2015
Amazon.com announced that Thomas J. Szkutak, Senior Vice President and CFO, will retire from the company in June 2015. Szkutak has been Amazon’s CFO since joining the company in October 2002 and oversees the controller, treasury, investor relations, tax, internal audit and facilities functions as well as financial management of the company’s business units. Brian T. Olsavsky, Vice President of Finance for the company’s global consumer business, will succeed Szkutak as CFO, reporting to Jeffrey P. Bezos, founder and CEO of Amazon. Szkutak and Olsavsky will work together to conduct a seamless transition of CFO responsibilities over the next 10 months.
07:05 EDTJWNNordstrom in talks to be early merchant partner with Apple, Bank Innovation says
Subscribe for More Information
06:08 EDTGOLGOL Linhas to host 2014 GOL Day
Subscribe for More Information
05:29 EDTNFLXNetflix announces Gotham to be released exclusively on Netflix
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