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Stock Market & Financial Investment News

News Breaks
February 11, 2013
12:05 EDTNVO, GOOG, AAPL, GMCR, SNY, HD, NDAQ, HEK, REGN, BBRYOn The Fly: Midday Wrap
Stocks on Wall Street were slightly lower at midday with the averages moving in a narrow range as earnings season nears a close... ECONOMIC EVENTS: In the U.S., no major economic data was reported. In Europe, a meeting of finance ministers of the countries using the euro convened, with the strength of the shared currency, how to handle a bailout for Cyprus and progress in Greece likely to be discussed. In Asia, Chinese and Japanese markets were closed for holidays... COMPANY NEWS: Google (GOOG) slid about 1% after Chairman Eric Schmidt disclosed plans to sell 3.2M of the shares he holds, valued at $2.5B... Apple (AAPL) iPhones will replace Blackberry (BBRY) handsets for Home Depot (HD) managers and corporate staffers, according to a blog report. Shares of Apple rose nearly 2% amid that and the usual torrent of other news surrounding the world's biggest tech company, including rumors of a new "iWatch" that is under development. Its strength may have also been related to continued speculation around what, if anything, CEO Tim Cook may announce tomorrow in terms of plans to return capital to shareholders... MAJOR MOVERS: Among the notable gainers was Nasdaq (NDAQ), which jumped over 5% after Charles Gasparino of Fox Business said the company held "going private" talks with Carlyle Group (CG) that broke down but may resume. Also higher was Regeneron (REGN), which rose 4% after it disclosed that its partner Sanofi (SNY) plans to raises its stake by purchasing Regeneron shares. Sanofi was also higher by 3%, but that may have had more to do with the FDA directing Novo Nordisk (NVO) to carry out a new study on its competing insulin product prior to U.S. approval. Novo Nordisk shares fell 14% following the FDA decision. Also lower were shares of Heckmann (HEK), which declined 8% following a downgrade at Wedbush, and Green Mountain (GMCR), which slid 4% after a downgrade at Dougherty... INDICES: Near noon, the Dow was down 17.32, or 0.12%, to 13,975.65; the Nasdaq was down 2.60, or 0.08%, to 3,191.27; and the S&P 500 was down 0.65, or 0.04%, to 1,517.28.
News For NDAQ;AAPL;BBRY;HD;GOOG;REGN;SNY;NVO;HEK;GMCR From The Last 14 Days
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May 15, 2015
13:01 EDTGMCROn The Fly: Top stock stories at midday
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11:47 EDTGMCRAnalysts mixed on Keurig after cold drink maker unveiling
Several research firms disagreed on the outlook for Keurig Green Mountain's (GMCR) upcoming at-home cold beverage maker, Keurig KOLD, after the company unveiled the product yesterday. SunTrust and Bernstein expressed major reservations about the product, while Susquehanna was more upbeat about the device and said the shares had reached a good entry point for investors. WHAT'S NEW: Keurig's management seemed to take a cautious view on the outlook for the device's sales, Bernstein analyst Ali Dibadj wrote. Additionally, the device and its pods "seemed a bit pricey" and large. However, the analyst, noting that the company hopes to eventually cut the price of the product to $200 from $300, called a potential $200 price point "more palatable for consumers." Furthermore, Dibadj says he has a hard time "fully understanding" the company's assertion that the device solves several problems. SunTrust analyst William Chappell, Jr. was impressed by the device's technology, but said he was concerned by the product's initial price and the investments that Keurig will have to make to launch the product. He kept a Neutral rating on the shares. BULLISH OUTLOOK:, Susquehanna analyst Pablo Zuanic said that most of the information on Kold was disappointing. The analyst said that he was disappointed by the device's high price and the fact that it will take a minute to make each drink. However, noting that SodaStream's (SODA) cold drink makers have penetrated 1.5% of U.S. households, the analyst says it is "not out of the question" that Kold can reach 3% household penetration in the U.S. by fiscal 2017-2018. If Kold does attain that milestone, Green Mountain's profits would double, the analyst stated. Zuanic remained upbeat on the company's long-term outlook and says that the stock is not currently reflecting any value for Kold. He believes that the stock has reached a good entry point, and kept a $140 price target and Positive rating on the shares. WHAT'S NOTABLE: Coca-Cola (KO) owns a 16% stake in Keurig Green Mountain. PRICE ACTION: In late morning trading, Keurig Green Mountain dropped 8.3% to $94.50, while SodaStream gained 2.5% to $22.25.
11:28 EDTAAPLSpotify to roll out streaming service next week, CNBC reports
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11:08 EDTAAPLOmega Advisors gives quarterly update on stakes
NEW STAKES: Targa Resources (TRGP), Targa Resources Partners (NGLS), Humana (HUM), Dow Chemical (DOW), and Twenty-First Century Fox (FOXA). INCREASED STAKES: Kinder Morgan (KMI), Chimera Investment Corporation (CIM), AerCap Holdings (AER), Shire (SHPG), and KKR & Co. (KKR). DECREASED STAKES: eBay (EBAY), Altisource Portfolio Solutions (ASPS), Caesars Entertainment (CZR), Navient (NAVI), and TerraForm Power (TERP). LIQUIDATED STAKES: HCA Holdings (HCA), Gilead (GILD), Cabot Oil & Gas (COG), and Apple (AAPL).
10:34 EDTBBRYOptions with increasing implied volatility
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10:29 EDTSNYAmerican Urological Association to hold an annual meeting
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10:23 EDTAAPLQuanta says Apple Watch yield rate no longer an issue, DigiTimes reports
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10:08 EDTGMCRKeurig Green Mountain May volatility up following Kold machine presentation
Keurig Green Mountain May weekly call option implied volatility is at 43, June is at 33; compared to its 90-day average of 35, suggesting large near term price movement following its Kold machine presentation.
10:00 EDTGMCRKeurig Green Mountain trades sharply lower, levels to watch
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09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL TWTR TSLA NFLX FB
09:11 EDTGMCROn The Fly: Pre-market Movers
UP AFTER EARNINGS: Bsquare (BSQR), up 34.2%... Applied Materials (AMAT), up 3.2%. ALSO HIGHER: Trillium Therapeutics (TRIL), up 13% after being initiated with an Outperform at Oppenheimer... Pernix Therapeutics (PTX), up 7.4% after announcing FDA approval of Treximet for use in pediatric patients... Advaxis (ADXS), up 4.4% after being initiated with a Buy at Jefferies... Netflix (NFLX), up 3.3% following a Bloomberg report that the company is in talks to enter China's online video market... Inovalon (INOV), up 2.9% after being upgraded to Buy from Neutral at Goldman. DOWN AFTER EARNINGS: El Pollo LoCo (LOCO), down 12.8%... King Digital (KING), down 8.3%. ALSO LOWER: PlasmaTech (PTBI), down 5.4% after filing to sell 1.93M shares for selling stockholders... Paycom Software (PAYC), down 7% after 8M share Spot Secondary priced at $36.25... Keurig Green Mountain (GMCR), down 5.9% after Keurig Kold investor presentation... 3D Systems (DDD), down 2.4% after CFO transition... Celladon (CLDN), down 5.1% after the CEO says that the company is evaluating strategic options.
09:03 EDTHDBofA/Merrill says to buy Home Depot, Lowe's and Whirlpool
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08:48 EDTGMCRKeurig Green Mountain Keurig Cold price points worrisome, says SunTrust
After attending Keurig Green Mountain's (GMCR) Keurig Kold launch event, SunTrust says it was impressed by the device's technology but concerned about its initial price points and near-term investments needed to launch the product. The firm keeps a Neutral rating on the stock. Coca-Cola (KO) owns a 16% stake in Keurig Green Mountain. SodaStream (SODA) develops and markets at-home cold beverage makers. :
08:46 EDTGOOGMobile operators ad blocking plan sets up fight with Google, FT reports
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08:40 EDTGMCRKeurig Green Mountain weakness provides buying entry point, says Susquehanna
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08:15 EDTREGNRegeneron target upped to $550 at Credit Suisse citing growth potential
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08:05 EDTGMCRBernstein has reservations about Keurig Green Mountain's Keurig Kold
After attending Keurig Green Mountain's (GMCR) Keurig Kold launch event, Bernstein says that it has a hard time understanding the device's value proposition and sensed some caution from the company about how quickly the device's penetration will rise and be accretive to earnings. The firm says the device and pods seem a bit expensive, while the brewer and pods are large. The firm believes that the taste of the product's Diet Coke drink was off, although regular Coke and others were good. Coca-Cola (KO) owns a 16% stake in Keurig Green Mountain. SodaStream (SODA) develops and markets at-home cold beverage makers.
08:04 EDTREGNRegeneron price target raised to $450 from $427 at JPMorgan
JPMorgan said it is "increasingly confident" in dupilumab's longer-term prospects in asthma ahead of the full Phase 2b results. The firm believes the drug's peak sales could top $4B. JPMorgan keeps a Neutral rating on Regeneron, however, saying its valuation already reflects blockbuster sales for Eylea, Praluent, sarilumab and dupilumab. It raised its price target for the name to $450 from $427.
07:22 EDTGOOGGoogle's self-driving cars to roll out in California this summer, Re/code says
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06:24 EDTGOOGGoogle Glass team may be focusing on multiple wearable products, BI reports
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