New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 25, 2014
04:55 EDTMAN, MAN, ECL, ECL, SYNT, SYNT, FISV, FISV, APOL, APOL, TTEK, TTEK, IT, IT, MG, MG, FC, FCRW Baird to hold a conference
Business Solutions Conference is being held in New York on February 25-26.
News For MAN;ECL;SYNT;FISV;APOL;TTEK;IT;MG;FC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
March 25, 2015
16:21 EDTAPOLOn The Fly: Closing Wrap
Stocks opened in quiet fashion and trading remained that way throughout most of the morning. The averages broke to the downside a bit before noon and once the sellers gained control the move became broad based. Each of the major equity averages dropped by about 1.5% or more, with the Nasdaq losing more than 2% of its value during the session. ECONOMIC EVENTS: In the U.S., durable goods orders dropped 1.4% in February, falling well below the consensus call for a 0.2% rise for the month. Transportation orders fell 3.5%, with orders excluding transportation down 0.4% against expectations of a 0.2% positive movement. In Europe, Germany's Ifo institute business climate index rose to 107.9 from 106.8 in March, topping expectations. COMPANY NEWS: Kraft Foods (KRFT) surged $21.84, or 35.62%, to $83.17 after announcing it has entered a definitive merger agreement with H.J. Heinz to create the Kraft Heinz Company. Under the terms of the deal, Heinz-owners Berkshire Hathaway (BRK.A) and 3G Capital will fund a special $10B cash dividend of $16.50 per share for Kraft shareholders. The new company, which will be publicly traded and 49% owned by current Kraft shareholders 51% owned by current Heinz shareholders, will become the third-largest food and beverage company in North America and fifth largest food and beverage company in the world. MAJOR MOVERS: Among the notable gainers was Kofax (KFX), which jumped $3.45, or 46%, to $10.95 after agreeing be acquired by Lexmark (LXK) for $11.00 per share in cash for a total enterprise value of approximately $1B, net of cash acquired. Lexmark, which stated the deal will "nearly double" its enterprise software business to roughly $700M, also gained $2.48, or 6.08%, to $43.27. Among the noteworthy losers was Apollo Education Group (APOL), which fell $7.95, or 28.4%, to $20.04 after reporting Q2 earnings and University of Phoenix enrollment information. Also lower were shares of Nationstar Mortgage (NSM), which declined $5.15, or 16.54%, to $25.99 after its 17.5M share spot secondary offering of stock priced at $28.95 per share. INDEXES: The Dow declined 292.60, or 1.62%, to 17,718.54, the Nasdaq fell 118.21, or 2.37%, to 4,876.52, and the S&P 500 dropped 30.45, or 1.46%, to 2,061.05.
12:52 EDTAPOLOn The Fly: Midday Wrap
Subscribe for More Information
10:03 EDTAPOLHigh option volume stocks
High option volume stocks: NVO SXC SONC EXH KRFT WLB ETR LXK APOL EWH
09:57 EDTAPOLApollo Education tumbles after earnings and guidance, levels to watch
Subscribe for More Information
09:24 EDTAPOLOn The Fly: Pre-market Movers
Subscribe for More Information
07:38 EDTAPOLApollo Education reports University of Phoenix revenue $487.77M
Subscribe for More Information
07:35 EDTAPOLApollo Education sees Q3 revenue $690M-$705M, consensus $740.86M
Sees Q3 operating income $85M-$95M, excluding special items.
07:34 EDTAPOLApollo Education sees FY15 revenue $2.63B-$2.68B, consensus $2.73B
Subscribe for More Information
07:32 EDTAPOLApollo Education reports Q2 EPS ex-items (10c), consensus (16c)
Subscribe for More Information
06:20 EDTAPOLUniversity of Phoenix could post stronger Q2 recruitment, WSJ says
Apollo Education's University of Phoenix may post improved Q2 results Wednesday, says the Wall Street Journal, citing a Deutsche Bank estimate of recruiting. The Journal also notes that improved online software may have improved student retention rates for the quarter, though it cautions that a "rebirth" for the organization is not likely. Reference Link
March 24, 2015
15:32 EDTAPOLApollo Education April volatility elevated into Q4 and outlook
Subscribe for More Information
15:28 EDTAPOLNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Paychex (PAYX), consensus 46c... Leidos (LDOS), consensus 48c... Apollo Education (APOL), consensus (16c)... Lindsay (LNN), consensus $1.13... Francesca's (FRAN), consensus 20c... Yingli Green Energy (YGE), consensus (13c).
09:01 EDTTTEKTetra Tech wins $62M USAID local governance contract
Tetra Tech has been awarded a five-year, $62M single-award contract funded by the U.S. Agency for International Development to support the strengthening of the provincial government system in Afghanistan. This program will address many governance systems to improve the planning, development and delivery of public services. Tetra Tech will assist USAID to strengthen the linkages between the central government and provincial levels for strategic planning, budgeting and service delivery. Tetra Tech will provide advisory services and technical assistance to build information management systems, databases, guidelines and procedures to improve the implementation of essential public services.
07:40 EDTECLEcolab management to meet with Deutsche Bank
Subscribe for More Information
March 23, 2015
09:03 EDTFISVFiserv says Abbott employee credit union expands partnership
Subscribe for More Information
07:54 EDTECLEcolab management to meet with Deutsche Bank
Subscribe for More Information
March 17, 2015
15:48 EDTTTEKTetra Tech wins $20M U.S. EPA research contract
Tetra Tech announced it has been awarded a five-year, $20M multiple-award contract by the U.S. Environmental Protection Agency National Homeland Security Research Center. Through this contract Tetra Tech will support testing, evaluation, and reporting to address chemical, biological, radiological and other contaminating agents. Tetra Tech will provide technical support services to develop tools and technologies used to quickly detect and mitigate contaminants that may enter drinking water supplies, wastewater systems, and urban areas. These tools may include methodologies to monitor water quality, technologies to treat wastewater generated during decontamination, and techniques to sample and analyze for the presence of various contaminants.
15:46 EDTTTEKTetra Tech wins $45M U.S. Army contract
Subscribe for More Information
March 16, 2015
09:03 EDTFISVFiserv solutions selected by FSBNW
Subscribe for More Information
March 13, 2015
09:37 EDTMANJPMorgan global economist holds ananalyst/industry conference call
Senior Global Economist Lupton, along with CEO Jonas Prising of Manpower, provide insights into the global labor industry on an Analyst/Industry conference call to be held on March 13 at 10 am.
1 | 2 | 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