New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For GMCR;AAPL;HD;REGN;NVO;SNY;GOOG;NDAQ;HEK;BBRY 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 | 10 | 11 | 12 | 13 | 14 | 15 | all recent news | >>
October 7, 2014
06:06 EDTAAPLApple reinstated with a Buy at BofA/Merrill
Subscribe for More Information
05:25 EDTGMCRKeurig Green Mountain initiated with a Buy at Goldman
Goldman Sachs started shares of Keurig Green Mountain with a Buy rating saying the company is entering a period of accelerating sales and earnings growth. The firm expects growth to be driven by Keurig's Hot system and incremental contribution from the Cold platform. It set a $166 price target for shares.
October 6, 2014
17:01 EDTREGNRegeneron reports EYLEA receives FDA approval for Macular Edema following RVO
Subscribe for More Information
16:33 EDTBBRYBlackBerry initiated with an In-Line at Imperial Capital
Imperial Capital started shares of BlackBerry with an In-Line rating, saying investors are likely to remain on the sidelines pending greater visibility into the company's software and value-added services strategy. The firm put a $10 price target on the stock. Shares closed the day up 4c to $9.53.
16:20 EDTAAPLOn The Fly: Closing Wrap
Stocks on Wall Street opened in positive territory and appeared ready to ride the wave of optimism from Fridayís jobs report into the new week. However, with little on the economic calendar to sustain the momentum, each of the major equity indexes had given up their gains by noon. The Dow and S&P 500 made it back to flat late in the session, but weakened into the close to end the day slightly lower. The tech-heavy Nasdaq was the laggard throughout and ended the day with the most significant decline. ECONOMIC EVENTS: In the U.S., no major economic data was reported. COMPANY NEWS: Hewlett-Packard (HPQ) climbed $1.67, or 4.74%, to $36.87 after it confirmed plans to split itself into two publicly traded companies by the end of its fiscal 2015. One company will include HP's technology infrastructure, software and services businesses, to be known as "Hewlett-Packard Enterprise," while the other will include the company's PC and printing businesses and be called "HP Inc." After the announcement, HP shares were upgraded to Outperform from Neutral at Credit Suisse, while analysts at Cantor called the split "a bold and smart move" that will give HP the financial flexibility needed to sell off one or both of the PC and printing businesses if an attractive offer emerges for either or both. MAJOR MOVERS: Among the notable gainers was Durata Therapeutics (DRTX), which surged $10.36, or 74.64%, to $24.24 after the company agreed to be acquired by larger drugmaker Actavis (ACT) for $23.00 per share in cash, or approximately $675M, and contingent value rights for additional cash payments of up to $5.00 per share if certain regulatory or commercial milestones related to Durata's lead product are achieved. Also higher was CareFusion (CFN), which jumped $10.58, or 22.92%, to $56.75 after agreeing to be acquired by Becton Dickinson (BDX) for $49 in cash and 0.0777 of a share of BD for each share of CareFusion, or about $12.2B. Becton Dickinson rose $9.14, or 7.89%, to $124.98 after its deal, while Actavis slipped $2.12, or 0.86%, to $243.95, after its own, much smaller purchase. GT Advanced Technologies (GTAT) plunged $10.22, or 92.46%, to 83c after the company announced that it and some of its units had commenced voluntary cases under chapter 11 of the bankruptcy code, which Raymond James believes implies a "fundamental, severe breakdown" of the company's relationship with Apple (AAPL). Also lower were shares of Sunesis (SNSS), which dropped $5.18, or 78.01%, to $1.46 and was downgraded at RBC Capital and Wells Fargo after a trial of a combination therapy for patients with first relapsed or refractory acute myeloid leukemia did not meet its primary endpoint. INDEXES: The Dow slid 17.78, or 0.1%, to 16,991.91, the Nasdaq fell 20.82, or 0.47%, to 4,454.80, and the S&P 500 slipped 3.08, or 0.16%, to 1,964.82.
16:00 EDTAAPLOptions Update; October 6, 2014
iPath S&P 500 VIX Short-Term Futures up 46c to 30.08. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX HPQ C RSH CLF PBR according to Track Data.
14:01 EDTAAPLGT Advanced bankruptcy implies breakdown with Apple, says Raymond James
Subscribe for More Information
11:41 EDTAAPLSolar companies sink after GT Advanced declares bankruptcy
Subscribe for More Information
10:38 EDTAAPLApple's iPhone 6, 6 Plus to launch in India on October 17, Times of India says
Apple's iPhone 6 and iPhone 6 Plus will be available in India beginning Friday, October 17 through authorized resellers, the Times of India reports. Pre-orders for the devices start on October 7. The 16GB version o the iPhone 6 will be available at Rs 53,500, the 64GB version is priced at Rs 62,500 and the 128GB version of the phone will sell for Rs 71,500; the 16GB version of the iPhone 6 Plus will be available for Rs 62,500, while the 64GB version will cost Rs 71,500 and the 128GB version will sell for Rs 80,500. Reference Link
09:37 EDTAAPLActive equity options trading on open
Subscribe for More Information
09:25 EDTSNYOn The Fly: Pre-market Movers
HIGHER: HP (HPQ), up 5% after confirming plans to separate into two companies... CareFusion (CFN), up 24% after Becton Dickinson (BDX) agreed to acquire the company for $58 per share in $12.2B deal. Becton Dickinson shares are up 7% following the news... Chimerix (CMRX), up 7% after announcing announced that brincidofovir has been provided for potential use in patients with Ebola Virus Disease... Conn's (CONN), up 6.5% after announcing that it is exploring strategic alternatives... TASER (TASR), up 5% after announces multiple orders of TASER Smart Weapons... Tableau (DATA), up 3.5% after upgraded at Morgan Stanley... Splunk (SPLK), up 3.9% after upgraded at Morgan Stanley... Unilife (UNIS), up 52% after signing a 15-year commercial supply agreement with Sanofi (SNY). LOWER: RadioShack (RSH), down 5% after confirming definitive agreements to restructure debt... Alcobra (ADHD), down 43% after announcing results from Phase III study of MDX in adult ADHD... Sunesis (SNSS), down 71% after announcing Phase 3 VALOR trial did not meet primary endpoint... H&R Block Bank (HRB), down 5% after deal with BofI (BOFI) not expected to get regulatory approval this year. Tekmira (TKMR), down 8% after downgraded at Leerink.
08:02 EDTSNYUnilife signs 15-year commercial supply agreement with Sanofi
Subscribe for More Information
08:01 EDTGMCRKeurig Green Mountain announces multi-year agreement with W.B. Mason
Keurig Green Mountain and W.B. Mason Co announced a multi-year agreement to offer W.B. Masonís SHAZAM coffee in K-Cup packs for the Keurig hot brewing system in away from home channels. SHAZAM will be the first brand to come into the Keurig family from a Keurig Authorized Distributor. The companies plan to launch the new SHAZAM coffee K-Cup packs later in the month of October 2014 with Light, Medium, and Dark Roast blends exclusively to W.B. Mason customers.
07:42 EDTAAPLSkyworks well positioned to benefit from iPhone upgrade cycle, says Canaccord
Subscribe for More Information
07:34 EDTAAPLApple updates software to protect against iWorm bug, MacRumors reports
Subscribe for More Information
07:19 EDTSNY, REGNLeerink healthcare analysts hold an analyst/industry conference call
Healthcare Analysts discuss PCSK9 antibodies and evaluate the commercial potential and unmet need on an Analyst/Industry conference call. Relevant companies Amgen, Sanofi and Regeneron may be discussed on the Analyst/Industry conference call being held on October 6 at 11 am.
07:16 EDTAAPLiOS 8 adoption appear slower than its predecessors, 9to5Mac reports
Subscribe for More Information
07:00 EDTHDHome Depot management to meet with Deutsche Bank
Subscribe for More Information
06:25 EDTAAPLiPhone 6 chip orders to remain high in 1Q15, DigiTimes reports
Subscribe for More Information
06:21 EDTGOOGMicrosoft 2015 solution may not help suppress Chromebook growth, DigiTimes says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 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