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Stock Market & Financial Investment News

News Breaks
April 19, 2013
16:35 EDTVRTX, DELL, MCD, AIRM, HPQ, IBM, CMG, BX, GEOn The Fly: Closing Wrap
Stocks on Wall Street were higher as the Dow, which had lagged behind the other equity indices for much of the session, crossed into positive territory during the final hour of trading. Earnings from McDonald's (MCD), General Electric (GE), and IBM (IBM) weighed on the index, while the Nasdaq and S&P advanced through the session as much of the nation's attention focused on the manhunt for the Boston Marathon bombing suspect. ECONOMIC EVENTS: In the U.S., earnings were in focus as little impactful economic data was released. COMPANY NEWS: IBM missed expectations on the top and bottom line and the most-heavily weighted stock in the Dow lost $17.15, or 8.28%, to $190.00. However, Citigroup attributed the Q1 miss to deal slippage and said the pullback was a buying opportunity, maintaining its $250 price target on IBM shares... Shares of Dell (DELL) fell 55c, or 3.94%, to $13.40 after private equity firm Blackstone (BX) withdrew its takeover bid for Dell citing concerns over declining PC sales. Dell peer Hewlett-Packard (HPQ) also lost 65c, or 3.22%, to $19.56 following the news. MAJOR MOVERS: Among the notable gainers was Vertex Pharmaceuticals (VRTX), which added $32.49, or 61.45%, to $85.36 after new data from a trial of a cystic fibrosis drug candidate prompted at least two analyst upgrades and a number of increased price targets on the stock. Also higher was Chipotle (CMG), up $37.89, or 11.54%, to $366.25 after its first quarter earnings beat expectations. Among noteworthy losers were Dow members General Electric, down 92c, or 4.06%, to $21.75, and McDonald's, down $1.99, or 1.95%, to $99.92, which both slipped after their earnings reports. Also lower was Air Methods (AIRM), down $6.14, or 13.38%, to $39.76 after warning it expects to report losses for its first quarter. INDICES: The Dow was up 10.37, or 0.07%, to 14,547.51; the Nasdaq was up 39.70, or 1.25%, to 3,206.06; the S&P 500 was up 13.64, or 0.88%, to 1,555.25.
News For MCD;GE;IBM;DELL;BX;HPQ;VRTX;CMG;AIRM From The Last 14 Days
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June 25, 2015
06:12 EDTMCDMcDonald's wants to sell 413 Taiwan stores to franchise operator, Reuters says
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June 24, 2015
18:16 EDTGEGoogle, GE, Airbus lead in sheer number of meetings with EU officials
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17:57 EDTIBMWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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16:47 EDTGEGeneral Electric reaches preliminary labor agreements with union delegates
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16:21 EDTIBMOn The Fly: Top stock stories for Wednesday
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12:30 EDTIBMOn The Fly: Top stock stories at midday
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11:16 EDTCMGOptions with increasing implied volatility
Options with increasing implied volatility: WMB AMZN CMG BIIB VMW QLIK ISRG FB UA FFIV
09:10 EDTIBMOn The Fly: Pre-market Movers
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05:10 EDTIBMIBM, Box announce global partnership
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June 23, 2015
13:02 EDTGESumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link
12:54 EDTHPQPC concerns weighing on shares of Seagate, Western Digital
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11:00 EDTCMGOptions with increasing implied volatility
Options with increasing implied volatility:TRIP WPZ CMG BIIB WMB AMZN ISRG VMW
10:45 EDTIBMIBM calls active after report says Ackman to take on big target
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10:19 EDTBXReno shoe chain hires bankers to explore sale, Reuters reports
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10:01 EDTIBMIBM up after Post says Ackman to take on big target
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09:36 EDTGEActive equity options trading on open
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07:41 EDTDELL, IBMRed Hat to hold a summit
Red Hat Summit 2015 is being held in Boston on June 23-26 with webcasted company presentations to begin on June 23 at 4 pm; not all presentations may be webcasted. Webcast Link
06:05 EDTHPQNo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
06:04 EDTIBMOracle says extending enterprise cloud portfolio
At a live event yesterday, Oracle (ORCL) Executive Chairman of the Board and CTO Larry Ellison announced new additions to the Oracle Cloud Platform, a comprehensive, integrated suite of services that make it easier for developers, IT professionals, business users and analysts to build, extend and integrate cloud applications. With more than 24 new cloud services, the Oracle Cloud Platform "extends Oracle's leadership with the world's broadest and deepest portfolio" of SaaS, PaaS and IaaS. Newly available Oracle Cloud services include, Oracle Database Cloud - Exadata, Oracle Archive Storage Cloud, Oracle Big Data Cloud, Oracle Integration Cloud, Oracle Mobile Cloud, and Oracle Process Cloud. The Oracle Cloud Platform helps customers build new applications, extend existing ones, and easily move existing on-premises workloads to the cloud with no application changes. The services are designed to maximize end user experience and productivity; enable developers to manage and analyze data, rapidly develop, test and deploy applications; enable architects to quickly integrate across on-premises and cloud applications; and enable business users to drive rich business insights and enterprise collaboration. With the Oracle Cloud Platform, customers and partners are able to take advantage of the industry-leading Oracle middleware and database software that thousands of global organizations already use to run their own businesses, all delivered via cloud. The extensive level of automation that has been engineered into the Oracle Cloud, results in faster time-to-value, greater innovation, and lower cost for customers. "Oracle is growing really fast. We sold $426M worth of business in SaaS and PaaS last quarter, a 200 percent increase over the same quarter last year. That's an industry record, no company has ever sold that much in just one quarter," said Ellison. "Oracle is the only company on the planet that can deliver a complete, integrated, standards-based suite of services at every layer of the cloud. Those technology advantages enable us to be much more cost-effective than our competitors. Our new Archive Storage service goes head-to-head with Amazon Glacier (AMZN) and it's one-tenth their price."
05:53 EDTCMGStocks with implied volatility movement; WMB CMG
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