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Stock Market & Financial Investment News

News Breaks
December 10, 2012
16:27 EDTPCLN, HPQ, INFI, MCD, ZGNX, UNXLOn The Fly: Closing Wrap
Stocks on Wall Street managed to cling to slight gains after a lack of fiscal cliff news coincided with a lack of trading volume. The focus on ongoing negotiations in Washington kept many investors on the sidelines again... ECONOMIC EVENTS: In the U.S., no major economic data was reported. In Europe, Italy's benchmark bond yields spiked and its stock market fell sharply after Prime Minister Mario Monti's surprise announcement of his intention to resign, which will likely prompt early elections. In China, industrial output had its best growth rate since March, rising 10.1% in November from a year ago. However, exports slowed sharply last month, rising 2.9% year over year after growing at an 11.6% pace in October. Import growth was unchanged from a year earlier, growing 2.4%... COMPANY NEWS: On the Dow, McDonald's (MCD) reported its global same-store sales rose 2.4% in November, driven mainly by strong results in the U.S. Shares advanced 93c, or 1.05%, to $89.41 after the better than expected data. A move up in shares of fellow Dow member Hewlett-Packard (HPQ) was widely attributed to speculation that activist investor Carl Icahn is building a stake, though CNBC's David Faber disputed those rumors. HP's stock closed off its early day highs, but still added 35c, or 2.55%, to $14.16... MAJOR MOVERS: Among the notable gainers was Uni-Pixel (UNXL), up another $5.29, or 54.26%, to $15.04 after rising over 18% Friday. The company said Friday it reached a deal for its technology to be used by "a large PC manufacturer" and this morning Craig-Hallum raised its price target on shares to $22 from $13. Also higher were shares of Infinity Pharmaceuticals (INFI), up $4.83, or 21.42%, to $27.35 after announcing positive trial data and receiving an upgrade to Buy from Hold as Stifel Nicolaus. Among the noteworthy losers was Zogenix (ZGNX), down $1.21, or 51.27%, to $1.15 after an FDA advisory panel voted against recommending approval for its Zohydro ER pain relief drug. Also lower were shares of priceline.com (PCLN), down $33.14, or 5.03%, to $625.96 after the stock was downgraded at Deutsche Bank to Hold from Buy with the firm citing intensified competition in 2013... INDICES: The Dow was up 14.75, or 0.11%, to 13,169.88; the Nasdaq was up 8.92, or 0.30%, to 2,986.96; and the S&P 500 was up 0.48, or 0.03%, to 1,418.55.
News For MCD;HPQ;UNXL;INFI;PCLN;ZGNX From The Last 14 Days
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November 14, 2014
16:26 EDTMCDNasdaq clear leader as major averages end week higher
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12:58 EDTMCDOn The Fly: Midday Wrap
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10:16 EDTMCDMcDonald's up 2% after activist JANA reports new stake
Shares of McDonald's are up after 1% after activist investor JANA Partners reported a new 842K share stake in the fast food giant. JANA this morning disclosed its quarterly holdings as of September 30 to the SEC. The stake was acquired between June 30 and September 30 of this year. Shares of McDonald's are up 2%, or $1.63, to $97.11 in early trading.
09:38 EDTMCDJANA Partners gives quarterly update on stakes
NEW STAKES: AMD (AMD), AECOM Technology (ACM), Alibaba (BABA), McDonald's (MCD), Amgen (AMGN), Gaming and Leisure Properties (GLPI), Iron Mountain (IRM), iRobot (IRBT), Seadrill Partners (SDLP), Valeant (VRX). INCREASED STAKES: eBay (EBAY), Charter (CHTR), Groupon (GRPN), HD Supply (HDS), Hertz (HTZ). DECREASED STAKES: Apache (APA). LIQUIDATED STAKES: CBS (CBS), Endo (ENDP), FMC Corporation (FMC), SeaWorld (SEAS), SunEdison (SUNE).
09:37 EDTMCDJANA reports new stakes in McDonald's, AECOM, Amgen
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08:34 EDTUNXLUni-Pixel to settle previously disclosed shareholder litigation
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06:19 EDTPCLNStocks with implied volatility below IV index mean; PCLN NFLX
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November 13, 2014
06:05 EDTPCLNStocks with implied volatility below IV index mean; PCLN V
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November 12, 2014
16:01 EDTMCDMcDonald's to enter Kazakhstan in 2015
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15:08 EDTHPQEarnings Preview: Cisco reports amid analyst debate on break-up potential
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05:58 EDTPCLNStocks with implied volatility below IV index mean; PCLN V
Stocks with implied volatility below IV index mean; Priceline (PCLN) 20, Visa (V) 18 according to iVolatility.
November 11, 2014
06:03 EDTHPQQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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05:58 EDTPCLNStocks with implied volatility below IV index mean; PCLN V
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05:56 EDTMCDMcDonald's recalls Hello Kitty themed whistles due to choking hazards
McDonald's is recalling about 2.3M “Hello Kitty Birthday Lollipop” Whistles in the U.S. and about 200,000 in Canada. The CPSC says components inside of the whistle can detach, posing choking and aspiration hazards to young children. McDonald’s has received two reports of children who coughed out pieces of the whistle that they had sucked into their mouths, including one child who received medical attention. Reference Link
November 10, 2014
08:00 EDTMCDMcDonald's reports October APMEA comparable sales down 4.2%
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07:59 EDTMCDMcDonald's reports October Europe comparable sales down 0.7%
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07:59 EDTMCDMcDonald's reports October US comparable sales down 1%
The company said, "To restore business momentum, the U.S. is revamping its marketing approach, simplifying the menu and creating a new organizational structure. These initiatives are designed to better address consumer preferences and the competitive dynamics of the local markets in which we compete by bringing decision making closer to our customers."
07:58 EDTMCDMcDonald's reports October global comparable sales down 0.5%
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05:59 EDTPCLNPriceline guidance cuts usually buying opportunities, says Piper Jaffray
Piper Jaffray says that over the last six years there have been three other instances where Priceline guided the mid-point of bookings growth more than 500 basis points below consensus, and that each time proved to be "excellent opportunities to buy" the stock. Piper reiterates an Overweight rating on Priceline after the company guided Q4 well below consensus on November 4.
November 7, 2014
05:54 EDTPCLNStocks with implied volatility below IV index mean; PCLN V
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