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News Breaks | | | | December 10, 2012 | | 16:27 EDT |  | INFI, MCD, ZGNX, UNXL, PCLN, HPQ | On 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. | |
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News For MCD;HPQ;UNXL;INFI;PCLN;ZGNX From The Last 14 Days Check below for free stories on MCD;HPQ;UNXL;INFI;PCLN;ZGNX the last two weeks. |
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| May 17, 2013 | | 09:37 EDT |  | HPQ | Active equity option families trading on open
 Subscribe for More Information | | | 07:26 EDT |  | INFI | Infinity Pharmaceuticals sell-off excessive, says Wells Fargo
Subscribe for More Information | | | 07:00 EDT | | HPQ | Hewlett-Packard volatility elevated into Q2 and revenue outlook
Subscribe for More Information | | | 06:15 EDT |  | MCD | McDonald's to reduce its menu, Bloomberg reports
Subscribe for More Information | | | May 16, 2013 | | 15:27 EDT |  | PCLN | priceline.com slips lower in late-day trading, levels to watch
Subscribe for More Information | | | 12:07 EDT | | INFI | Options with increasing implied volatility: INFI WCRX SODA LYV HYG
| | | 12:00 EDT | | INFI | Infinity Pharmaceuticals falls 19.5%
Subscribe for More Information | | | 07:29 EDT |  | INFI | Leerink to host a bus tour
Boston Biopharma Bus Tour travels throughout Boston on May 16-17. | | | May 15, 2013 | | 09:39 EDT | | HPQ | Hewlett-Packard estimates remain below Street at Cleveland Research
Subscribe for More Information | | | 08:08 EDT | | HPQ | PC sales decline in Western Europe, Economic Times reports
Subscribe for More Information | | | | May 13, 2013 | | 16:27 EDT | | HPQ | Hewlett-Packard hasn't tried to sell Autonomy to SAP, AllThingsD reports
Subscribe for More Information | | | 15:45 EDT | | HPQ | Options Update; May 13, 2013
Subscribe for More Information | | | 10:41 EDT | | HPQ | SAP says HP offered to sell Autonomy, London Times reports
Subscribe for More Information | | | 09:25 EDT |  | UNXL | On The Fly: Pre-market Movers
Subscribe for More Information | | | 09:03 EDT | | UNXL | Uni-Pixel falls 5%
Uni-Pixel is down 5%, or $1.75, to $33.00 | | | May 12, 2013 | | 19:56 EDT | | UNXL | Uni-Pixel has rallied but investors should be cautious, Barron's warns
Subscribe for More Information | | | May 10, 2013 | | 14:52 EDT | | PCLN, HPQ | Market poised to end week higher as tech helps lead advance
Subscribe for More Information | | | 08:30 EDT | | PCLN | priceline.com Q2 guidance not a cause for concern, says Cantor
Subscribe for More Information | | | 07:27 EDT | | PCLN | priceline.com valuation highly attractive, says RBC Capital
Subscribe for More Information | | | 07:03 EDT | | PCLN | priceline.com price target raised to $850 from $800 at Piper Jaffray
Piper Jaffray raised its price target for priceline.com following the company's Q1 results and maintains an Overweight rating on the stock. Piper believes priceline.com's Q2 guidance is conservative and sees potential for margin expansion in the second half of 2013. | | |
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