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Stock Market & Financial Investment News

News Breaks
March 7, 2013
13:51 EDTFB, GMCR, MTG, SLV, AFFY, NAV, MRK, BBRY, VALE, STZOptions with increasing volume: MTG VALE NAV GMCR BBRY AFFY
Options with increasing volume: MTG VALE NAV GMCR BBRY AFFY FB MRK SLV STZ.
News For MTG;VALE;NAV;GMCR;BBRY;AFFY;FB;MRK;SLV;STZ From The Last 14 Days
Check below for free stories on MTG;VALE;NAV;GMCR;BBRY;AFFY;FB;MRK;SLV;STZ the last two weeks.
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May 20, 2013
14:49 EDTNAVNavistar appoints Bill Kozek as president North America truck business
Navistar (NAV) announced it has appointed Bill Kozek as president of the company's North America Truck and Parts business. He succeeds Jack Allen, who was promoted to COO last month. Kozek joins Navistar following a 26-year career at PACCAR (PCAR), where he most recently served as vice president and general manager of its Peterbilt Motors.
12:07 EDTSLViShares Silver Trust reverses higher, levels to watch
Silver hit a low that is being aggressively bought, reversing losses earlier in the session. The ETF is following, now up over 3% to $22.07. At that price, next resistance is at $22.86. Support is at $21.76.
10:52 EDTFBFacebook near session lows, levels to watch
The stock is drifting lower today, nearing session lows at $25.73. At that price, next support is at $25.33, the 1-month low. Resistance is at $26.25.
08:58 EDTSLViShares Silver Trust falls on weak metals pricing
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07:58 EDTVALEBofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am.
07:32 EDTMRKSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
07:00 EDTFBNew Facebook projects probably won't bear fruit soon, AllThingsD says
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05:55 EDTSLViShares Silver Trust overall implied volatility at 32; 26-week average is 27
May 19, 2013
17:10 EDTFBFacebook's Waze deal being held up by move from Israel, NY Post says
Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link
May 17, 2013
10:13 EDTBBRYBlackBerry Z10 helps company regain Canadian market share, AllThingsD says
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06:51 EDTFBFacebook volatility at low end of historic range
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06:42 EDTMTGMGIC Investment implied volatility at lower end of index mean range
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06:36 EDTFBGoogle to add new apps to Google Glass, NY Times says
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05:54 EDTSLViShares Silver Trust overall implied volatility at 34; 26-week average is 27
May 16, 2013
16:29 EDTSTZOn The Fly: Closing Wrap
Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47.
13:42 EDTGMCRGreen Mountain price target raised to $92 from $63 at Argus
Argus raised Green Mountain's price target citing the strong Q2 report.
10:03 EDTSTZOn The Fly: Analyst Upgrade Summary
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08:55 EDTMRKBofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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08:49 EDTNAVNavistar sells recreational vehicle business
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08:07 EDTSTZConstellation Brands upgraded to Strong Buy from Buy at ISI Group
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