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Stock Market & Financial Investment News

News Breaks
April 2, 2014
12:33 EDTMON, AGU, MNKD, XLRN, CELG, LQDT, APOLOn The Fly: Midday Wrap
Stocks on Wall Street were slightly higher at midday after payroll provider ADP estimated that employers added 191K jobs in March. The jobs addition was slightly less than expected, but a figure near 200K still may add confidence that Friday's jobs report from the Department of Labor may be an encouraging one. ECONOMIC EVENTS: ADP estimated that private payrolls increased 191K in March, which fell just short of the 193K consensus estimate. Factory orders grew by 1.6% in February, versus expectations for an increase of 1.2% in the month. COMPANY NEWS: Agribusiness giant Monsanto (MON) rose 1.5% after reporting better than expected earnings and revenue for its just-completed second quarter and confirming its fiscal year profit guidance. Another agricultural products maker, fertilizer producer Agrium (AGU), slid over 2% after warning that the late spring season this year is expected to impact the timing of its wholesale, and to a lesser extent its retail, earnings. MAJOR MOVERS: Among the notable gainers was MannKind (MNKD), which surged more than 77% after an FDA advisory panel voted to recommend its Afrezza inhalation powder to treat type 1 and type 2 diabetes. Also higher was Acceleron Pharma (XLRN), which rose 15% after its larger partner Celgene (CELG) reached a deal to raise its stake in Acceleron to 14.8% by acquiring 1.1M Acceleron shares from five current stockholders. Among the noteworthy losers was Liquidity Services (LQDT), which dropped 11% after RW Baird said the company's high bid for the Non-Rolling Stock portion of the Defense Logistics Agency’s surplus liquidation contract is "quite a bit" higher than it expected. Also lower was Apollo Education (APOL), which fell 8% near noon despite an upgrade of its shares at Wells Fargo after the company's Q2 revenue missed expectations and it also disclosed the receipt of a subpoena by its University of Phoenix unit from the Office of the Inspector General of the U.S. Department of Education. INDEXES: Near midday, the Dow was up 19.39, or 0.12%, to 16,552.00, the Nasdaq was up 5.39, or 0.13%, to 4,273.43, and the S&P 500 was up 4.81, or 0.26%, to 1,890.33.
News For MON;AGU;MNKD;XLRN;CELG;LQDT;APOL From The Last 14 Days
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September 29, 2014
07:26 EDTCELGInforma Business Information to hold a conference
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September 28, 2014
19:23 EDTMONThis harvest could be trouble for Deere, Potash, Monsanto, Barron's says
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September 26, 2014
06:45 EDTMONMonsanto volatility flat into Q4 and revenue outlook
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September 25, 2014
09:36 EDTCELGActive equity options trading on open
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September 24, 2014
17:01 EDTMNKDMannKind announces closing of global licensing agreement with Sanofi
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13:17 EDTCELGCelgene continues rally after FDA approval of psoriasis drug
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07:01 EDTCELGCelgene OTEZLA to become important revenue generator, says Cantor
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September 23, 2014
15:21 EDTCELGCelgene announces FDA approves Otezla for treating plaque psoriasis
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08:33 EDTXLRNAcceleron provides update on clinical trial of dalantercept monotherapy
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September 22, 2014
07:21 EDTCELGEBD Group to hold a conference
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05:57 EDTXLRNAcceleron to host webinar
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September 18, 2014
12:44 EDTMONMonsanto optimistic about Intacta sales in Brazil
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12:33 EDTMONMonsanto reiterates target of doubling EPS between now and 2019
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10:00 EDTMONOn The Fly: Analyst Upgrade Summary
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09:31 EDTXLRNAcceleron management to meet with JMP Securities
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08:02 EDTMONMonsanto upgraded at Stifel
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07:17 EDTAPOLBMO Capital to hold a conference
14th Annual Back to School Education Conference to be held in New York on September 18 with webcasted company presentations to begin at 8 am; not all company presentations may be webcasted. Webcast Link
06:10 EDTMONMonsanto upgraded to Buy from Hold at Stifel
September 17, 2014
07:00 EDTCELGConcert Pharmaceuticals announces initiation of CTP-730 Phase 1 trial
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05:51 EDTMNKDStocks with implied volatility movement; OREX MNKD
Stocks with implied volatility movement; Orexigen (OREX) 91, MannKind (MNKD) 60 according to iVolatility.
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