New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 17, 2014
12:41 EDTRAD, CVS, VGR, KR, WAG, RAI, PM, SWY, WMT, LO, MOTobacco stocks relatively weak after AGs write retailers
Tobacco stocks are trading relatively weaker today after Attorneys General in numerous states encouraged U.S. retailers to follow the example of CVS Caremark (CVS) and stop selling tobacco products in stores that also have pharmacies. WHAT'S NEW: Led by Attorney General Schneiderman and Attorney General DeWine, the Attorneys General of 28 states and territories have written to the CEOs of Wal-Mart (WMT), Walgreen (WAG), Rite-Aid (RAD), Safeway (SWY) and Kroger (KR), asking them to remove any and all tobacco products from their shelves. In addition, 32 Attorneys General have commended CVS Caremark for its recent decision to stop selling tobacco in its stores. PRICE ACTION: At midday, the U.S. equity markets are all up over a percentage point, but shares of Altria Group (MO) and Vector Group (VGR) are trading near the flat-line, Reynolds American (RAI) is down almost 1% , while Lorillard (LO), which was also upgraded by Goldman today, is up 0.6%.
News For MO;PM;VGR;LO;RAI;CVS;WMT;WAG;RAD;SWY;KR 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 | all recent news | >>
May 18, 2015
15:15 EDTWMTWal-Mart May weekly volatility increases into Q1 and outlook
Subscribe for More Information
15:00 EDTWMTNotable companies reporting before tomorrow's open
Subscribe for More Information
14:35 EDTWMTWal-Mart technical comments ahead of results
Subscribe for More Information
14:04 EDTWMTEarnings Watch: Wal-Mart sees Q1 EPS 95c-$1.10, U.S. SSS up 1%-2%
Subscribe for More Information
12:13 EDTRADRite Aid management to meet with Guggenheim
Subscribe for More Information
07:21 EDTWMTWal-Mart Q1 should benefit from lower gas, stronger consumer, says Stephens
Subscribe for More Information
06:30 EDTWMTWal-Mart to repair stores in labor dispute, Reuters reports
Wal-Mart said it would seek permits to rip up floors and replace plumping lines at five stores that justified its abrupt closure, reports Reuters. The move follows a union-backed complaint to the National Labor Relations Board last month after Wal-Mart temporarily closed the stores. The union accused the company for shutting down the stores to stop workers from organizing. Reference Link
May 15, 2015
16:28 EDTLOAppaloosa Management gives quarterly update on stakes
Subscribe for More Information
10:34 EDTLOOptions with increasing implied volatility
Subscribe for More Information
May 14, 2015
07:58 EDTWMTWal-Mart risk/reward favorable into Q1 results, says Baird
Subscribe for More Information
May 13, 2015
18:09 EDTWMTWal-Mart to launch $50 unlimited shipping service in summer, AP says
Subscribe for More Information
13:28 EDTWMTWal-Mart set to launch Amazon Prime rival, The Information reports
Wal-Mart (WMT) is nearing the launch of a subscription fast-shipping service that will compete with Amazon Prime (AMZN), Amir Efrati of The Information reports, citing people involved with or briefed on the product. The service is an attempt to boost Wal-Mart's online business and should launch in the next few weeks after being pushed back for technical and other issues, Efrati adds. Shares of Amazon are down $2.63 to $428.39 in afternoon trading while Wal-Mart is down 66c to $78.30. Reference Link
13:23 EDTWMTWal-Mart set to launch rival to Amazon Prime, The Information reports
Subscribe for More Information
11:47 EDTCVSCVS Health says to pay $22M in settlement with DEA, USAO
CVS Health said in a regulatory filing that it has entered into an agreement with the U.S. Attorney’s Office for the Middle District of Florida and the U.S. Drug Enforcement Administration to resolve previously-disclosed allegations relating to the dispensing of certain controlled substances in Florida. CVS Health agreed to pay $22M and the settlement resolves all civil matters between the Company and the DEA in the state of Florida. This payment amount has been fully accrued for in prior fiscal periods.
07:06 EDTWMTAlibaba, Wal-Mart partner on consumer payments, China Daily reports
Alibaba (BABA) announced that it would partner with Wal-Mart (WMT) in China on consumer bill payments, according to China Daily. Under the deal, 25 Wal-Mart stores in the city of Shenzhen will enable consumers to pay their bills through Alibaba's payment service, and the arrangement will be gradually expanded to all of Wal-Mart's stores in China, the newspaper stated. Reference Link
May 12, 2015
13:23 EDTPMPhilip Morris initiated with a Neutral at JPMorgan
JPMorgan earlier today started shares of Philip Morris with a Neutral rating and $90 price target. The firm expects the strong U.S. dollar to continue pressuring the company's earning and limit cash returns.
09:14 EDTWMTApps World to hold a conference
Subscribe for More Information
08:27 EDTWMTU.S. Chamber of Commerce to hold a summit
Subscribe for More Information
08:05 EDTKR, PMGoldman Sachs to hold a forum
Subscribe for More Information
May 11, 2015
07:40 EDTCVSFocus on Vertex will shift to pricing after Orkambi FDA meeting, WSJ says
An FDA advisory committee that meets Tuesday to decide whether to recommend approval of Vertex’s Orkambi will be closely watched by health insurers and pharmacy-benefit managers concerned that the experimental cystic-fibrosis drug will be high-priced, said The Wall Street Journal. Vertex hasn’t announced a price, but analyst at JPMorgan predict the drug will have a wholesale price of about $287,000 annually per patient. Publicly traded PBM owners include Catamaran (CTRX), which is being acquired by UnitedHealth (UNH), CVS Health (CVS) and Express Scripts (ESRX). Reference Link
1 | 2 | 3 | 4 | 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