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Stock Market & Financial Investment News

News Breaks
April 11, 2013
12:23 EDTPANW, ACAD, HPQ, FIRE, RAD, MSFT, FTNT, INTCOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after initial jobless claims pulled back to fall below the 350K level. The Nasdaq was the weakest of the major averages, as declines in some of its most notable members, including Microsoft (MSFT) and Intel (INTC), weighed on the index... ECONOMIC EVENTS: In the U.S., initial jobless claims fell 42K from the prior week to 346K, versus an expectation for them to decline more modestly to 360K. Import prices declined 0.5% in March compared to the prior month, which was in-line with expectations, while export prices fell 0.4%, versus expectations for a 0.1% gain... COMPANY NEWS: Shares of a number of big-name tech companies were weaker after research firms International Data Corporation and Gartner both estimated that PC sales declined by double-digits in the first three months of the year. IDC estimated PC sales fell 14%, while Gartner said they'd fallen 11% from the prior year. Microsoft, which was also downgraded by at least three firms, declined 5%, while Hewlett-Packard (HPQ) fell over 6% and Intel slid more than 2%... MAJOR MOVERS: Among the notable gainers was ACADIA Pharmaceuticals (ACAD), which surged 50% after the FDA approved its filing of a New Drug Application for a Parkinson's drug candidate and its shares were upgraded at Piper Jaffray. Also higher was Rite Aid (RAD), which gained 19% after its earnings and guidance beat expectations. Among the noteworthy losers was Fortinet (FTNT), which declined 15% after reporting weaker than expected first quarter results. Fortinet's report also weighed on several of its Internet security peers, with Sourcefire (FIRE) sliding 2% to $53 and Palo Alto (PANW) down 1%... INDICES: Near noon, the Dow was up 49.04, or 0.33%, to 14,851.28; the Nasdaq was up 0.70, or 0.02%, to 3,297.95; and the S&P 500 was up 5.14, or 0.32%, to 1,592.87.
News For MSFT;HPQ;INTC;RAD;ACAD;FTNT;FIRE;PANW From The Last 14 Days
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November 12, 2014
07:58 EDTMSFTMicrosoft to hold a conference
Developer Conference is being held in New York on November 12-13 with webcasted discussions will begin on November 12 at 10 am. Reference Link
07:48 EDTMSFTWells Fargo to hold a conference
5th Annual Technology, Media & Telecom Conference is being held in New York on November 12-13.
November 11, 2014
12:09 EDTMSFTRackspace soars after Q3 results top estimates, $500M share buyback plan
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10:00 EDTPANW, FTNTOn The Fly: Analyst Initiation Summary
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09:13 EDTACADACADIA NDA filing delay minor, says JMP Securities
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07:19 EDTPANWBarracuda, Imperva, Palo Alto should be bought, says Pacific Crest
Pacific Crest recommends buying Barracuda (CUDA), Imperva (IMPV), and Palo Alto (PANW), as the firm expects IT security to continue growing strongly. The firm thinks the companies named have compelling margins and free cash flow.
07:13 EDTACADACADIA filing delay does not impact price target, says Piper Jaffray
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06:10 EDTPANWPalo Alto initiated with an Outperform at Macquarie
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06:10 EDTFTNTFortinet initiated with a Neutral at Macquarie
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06:03 EDTHPQQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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05:59 EDTMSFTMicrosoft unveils first Lumia smartphone without Nokia name
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November 10, 2014
18:32 EDTACADOn The Fly: After Hours Movers
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16:40 EDTMSFTRackspace says joined Microsoft Cloud OS Network
Rackspace (RAX) said it expanded its Managed Private Cloud product portfolio and joined the Microsoft (MSFT) Cloud OS Network, adding Fanatical Support for the Microsoft Cloud Platform. It stated, "This includes expertise and support for Windows Server with Hyper-V, System Center and Azure Pack. The offering is now in general availability in all U.S. data centers providing customers with SLA-backed management across the underlying infrastructure, guest operating systems, and select applications including Microsoft Exchange, SharePoint and Lync."
16:05 EDTACADACADIA delays NUPLAZID application to Q1 of 2015
ACADIA said it plans to submit its NUPLAZID NDA for Parkinson's disease psychosis in Q1 of 2015. The company had previously planned to submit the NDA near the end of 2014. It stated, "The decision to move back the planned submission is based on additional time required to complete preparations needed to support the U.S. Food and Drug Administrationís, review of NUPLAZID. The change in submission timing is not a result of any change to NUPLAZIDís clinical or safety profile, nor is it a result of any interaction with or request for information from the FDA. Additionally, ACADIA reported that it has successfully completed its drug-drug interaction program and its registration stability program."
16:04 EDTACADACADIA reports Q3 EPS (25c), consensus (22c)
At September 30, 2014, ACADIAís cash, cash equivalents, and investment securities totaled $337.8M.
15:57 EDTMSFTWorldwide Business Research to hold a conference
ProcureCon for Digital & Marketing Services 2014 is being held in San Antonio on November 11-13.
15:43 EDTPANWAmerican Petroleum Institute to hold a conference
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15:26 EDTACADNotable companies reporting after market close
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14:38 EDTFTNT, PANWU.S. Postal Service suffered cyberattack, NY Times reports
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07:23 EDTMSFTRBC Capital to hold a conference
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