New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 19, 2013
16:35 EDTCMG, BX, GE, VRTX, DELL, MCD, AIRM, HPQ, IBMOn 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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
December 8, 2014
09:48 EDTMCDMarket begins lower, averages turns mixed in early trade
Stock futures trade below fair value throughout the pre-market trading session, leading to a lower open for the broader market. The Dow finished last week at an all-time high and just slightly below its next milestone level of 18,000, but it continues to be weighed on during early trading from McDonald's (MCD), which is down over 3% following its November sales report. In early trading, the Dow is down 17 points, the Nasdaq is up 7 points and the S&P is down 1 point.
09:38 EDTMCDMcDonald's sees Q4 margins 'significantly pressured' by top-line performance
Subscribe for More Information
09:20 EDTMCDOn The Fly: Pre-market Movers
Subscribe for More Information
08:05 EDTBXHudson Pacific to acquire EOP portfolio from Blackstone for $3.5B
Subscribe for More Information
07:59 EDTMCDMcDonald's reports November global comparable sales decreased 2.2%
Subscribe for More Information
07:28 EDTHPQFBN Securities to hold a bus tour
Subscribe for More Information
07:24 EDTBXBlackstone to sell $3.5B of California properties to Hudson Pacific, WSJ says
Subscribe for More Information
06:47 EDTCMGChipotle coverage resumed with a Buy at Goldman
Subscribe for More Information
06:42 EDTMCDMcDonald's coverage resumed with a Neutral at Goldman
Subscribe for More Information
06:15 EDTBXBlackstone implied volatility of 21 at lower end of index mean range
December 7, 2014
15:53 EDTHPQHP shares could gain 15%, Barron's says
HP shares could gain 15% to $45.00 per share as the company splits its enterprise business from PCs and printer business, by next October, Barron's argues in a follow up article. Reference Link
December 5, 2014
06:30 EDTIBMIBM CFO defends investment strategy in piece on CNBC
Subscribe for More Information
06:26 EDTGEAres Management and GE Capital provide debt package to fund Open GI acquisition
Subscribe for More Information
December 4, 2014
11:59 EDTGEHungary to buy Budapest Bank from GE Capital, Reuters reports
Hungary has signed a preliminary agreement to buy Budapest Bank from GE Capital, reports Reuters, according governments spokesman Zoltan Kovancs. economy Minister Mihlay Varga said the transaction is expected to close by the end of July 2015, but declined to comment on the price. Reference Link
11:02 EDTIBMIBM, Docker announce strategic partnership
IBM and Docker announced a strategic partnership that enables enterprises to more efficiently, quickly and cost effectively build and run the next generation of applications on the IBM Cloud and on prem via the Docker open platform for distributed applications. Enterprises can use the combination of IBM and Docker to create and manage a new generation of portable distributed applications that are rapidly composed of discrete interoperable Docker containers, have a dynamic lifecycle, and can scale to run in concert anywhere from the developer's laptop to hundreds of hosts in the cloud. As the first company to work with Docker to sell integrated solutions that include Docker Hub Enterprise, IBM will be a premier provider of Docker's flagship product for the enterprise market. DHE provides enterprises with a turnkey solution for distributed applications that allows their developers to focus on creating differentiated services behind the firewall and assembling them together with the best content that they have selected from the 60,000+ Dockerized services available in the Docker Hub hosted repository.
10:08 EDTBXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:44 EDTHPQCarbonite names Mohamad Ali as CEO
Subscribe for More Information
08:03 EDTIBMCisco and IBM announce availability of integrated solution
Cisco (CSCO) and IBM (IBM) announced the availability of an integrated solution that combines the innovation of Cisco UCS Integrated Infrastructure with the efficiency of the IBM Storwize storage system. The VersaStack solution is designed to deliver high levels of ease, efficiency and versatility for cloud, big data and analytics, and mobility deployments. Over time, the platform will be optimized for IBM business applications, while integrating Cisco innovations such as Cisco® Application Centric Infrastructure and Cisco Intercloud Fabric. According to IDC1, total worldwide spending on integrated systems is growing at 32.8% annually and will reach approximately $14.37B in 2017.
07:02 EDTIBMIBM to see positive change in 2015, says Cantor
Subscribe for More Information
05:32 EDTBXBlackstone initiated with an Overweight at Barclays
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 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