New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 17, 2014
13:18 EDTSNDK, SIEGY, UNH, AN, DRC, MSFT, MAT, EBAYOn The Fly: Midday Wrap
Stocks on Wall Street opened in negative territory and have remained there for most of the morning. The averages recaptured most of their losses and the Dow made it across the flat line and briefly into positive territory by mid-morning, but around the time the European markets closed reports surfaced that a Malaysian passenger jet crashed on the Russian-Ukraine border. The averages fell quickly but have since pared their losses as speculation runs rampant as to whether the jet was shot down or crashed due to an accident. ECONOMIC EVENTS: In the U.S., weekly jobless claims dipped 3K to 302K in the week ended July 12. Housing starts dropped 9.3% to a 893K rate in July, while building permits declined 4.2% to a 963K rate. Both were expected to rise to rates over 1M. The Philly Fed manufacturing index climbed 6.1 points to 23.9 in July, beating expectations for it to have dipped to 16.0. Notably, an adviser to Ukraine's Interior Ministry said a Malaysia Airlines passenger jet carrying more than 200 people crashed while flying over eastern Ukraine, near its border with Russia. A report claimed that 23 U.S. citizens were killed in the crash. COMPANY NEWS: Shares of Microsoft (MSFT) advanced 2% after the tech giant announced a plan to simplify its operations, which will result in the elimination of up to 18,000 jobs over the next year. Of that total, over two-thirds will come from positions to be eliminated at the phone business Microsoft recently purchased from Nokia. In an email to Microsoft employees on the integration of Nokia and the broad restructuring, CEO Satya Nadella said the decision to change was "difficult, but necessary" and will result in the company having fewer layers of management. MAJOR MOVERS: Among the notable gainers was Dresser-Rand (DRC), which jumped 12.5% after Germany's Manager Magazin reported that Siemens (SIEGY) is working with Lazard on a takeover bid for the company. Also higher following their earnings reports were Dow member Unitedhealth (UNH), which rose more than 3%, and eBay (EBAY), which gained about 2%. Among the noteworthy losers following their earnings reports were SanDisk (SNDK), which fell over 12%, Mattel (MAT), which slid 6%, and AutoNation (AN), which dropped 6% as well. INDEXES: Near midday, the Dow was down 17.82, or 0.1%, to 17,120.38, the Nasdaq was down 22.16, or 0.5%, to 4,403.81, and the S&P 500 was down 5.69, or 0.29%, to 1,975.88.
News For MSFT;UNH;EBAY;DRC;SIEGY;MAT;AN;SNDK 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 | 5 | 6 | 7 | 8 | 9 | all recent news | >>
January 21, 2015
05:42 EDTANAutoNation downgraded to Neutral from Buy at Goldman
Subscribe for More Information
January 20, 2015
15:21 EDTUNHNotable companies reporting before tomorrow's open
Subscribe for More Information
13:19 EDTEBAYeBay volatility elevated into Q4 and outlook
Subscribe for More Information
12:57 EDTUNHUnitedHealth volatility elevated into Q4 and outlook
Subscribe for More Information
11:08 EDTMSFTMicrosoft acquires Equivio, terms not disclosed
Rajesh Jha, Microsoft's Corporate VP, Outlook and Office 365, announced on the company's blog that Microsoft has acquired Equivio, a provider of machine learning technologies for eDiscovery and information governance. Jha explains, "We are making this acquisition to help our customers tackle the legal and compliance challenges inherent in managing large quantities of email and documents." Reference Link
09:39 EDTMSFTMicrosoft Outlook in China hacked by government censorship department, CNBC says
Subscribe for More Information
07:17 EDTSNDKSanDisk downgraded to Reduce from Neutral at Nomura
Subscribe for More Information
January 18, 2015
13:45 EDTEBAYGoogle in talks to acquire mobile-pay platform Softcard, WSJ says
Subscribe for More Information
January 16, 2015
16:36 EDTSNDKMarket finishes week lower on continued oil, global growth worries
Subscribe for More Information
14:29 EDTSNDKSanDisk January weekly volatility elevated into Q4 and outlook
Subscribe for More Information
10:47 EDTUNHBofA/Merrill healthcare facilities analyst analyst/industry conference call
Healthcare Facilities & Managed Care Analyst Bressler discusses the legislative and regulatory outlook for the industry for 2015 on an Analyst/Industry conference call to be held on January 23 at 2 pm.
09:47 EDTMSFTPolice arrest U.K. man in connection with Sony, Microsoft hack, Bloomberg says
Subscribe for More Information
January 15, 2015
19:46 EDTMSFTMicrosoft's Xbox wins holiday retail fight against PS4, Re/code reports
Subscribe for More Information
17:53 EDTANAutonation announces retirement of COO Mike Maroone, Bill Berman to take role
Subscribe for More Information
15:13 EDTMSFTQihoo 360, Microsoft announce advertising alliance in China, TechWeb says
Subscribe for More Information
13:10 EDTUNHUnitedHealth volatility elevated into Q4 and outlook
Subscribe for More Information
09:29 EDTSNDKNetlist claim against Diablo controller chips upheld
Netlist (NLST) announced that the U.S. District Court for the Northern District of California denied a motion filed by Diablo Technologies on January 13 requesting the Court to stay the Preliminary Injunction against controller chips used by SanDisk (SNDK) in its high-speed ULLtraDIMM SSD product line. The Preliminary Injunction will therefore remain in place. The Court in a separate ruling rejected SanDisk's request that it be allowed to sell existing inventory of the enjoined products. This order made clear that Diablo and SanDisk are working in concert and are now prohibited from manufacturing and selling the Diablo controller chipset used in the ULLtraDIMM and as a result, from further sale or distribution by SanDisk of the ULLtraDIMM itself.
08:31 EDTUNHUnitedHealth, ProHEALTH announce new collaboration agreement
Subscribe for More Information
07:08 EDTMSFTMicrosoft Windows shipments still growing, says Bernstein
Subscribe for More Information
06:27 EDTMSFTIntel to partner with more IT players for Internet of Things, DigiTimes reports
Intel (INTC) is preparing to team up with more IT firms such as AT&T (T), Verizon (VZ), Cisco (CSCO), SAP (SAP), and Microsoft (MSFT) in order to expand the Internet of Things industry in 2015, reports DigiTimes. According to sources from the upstream supply chain, Intel has been playing an active role in helping Taiwan build its smart city infrastructure and has also cooperated with Chunghwa Telecom to develop the IoT and cloud computing applications. Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 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