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Stock Market & Financial Investment News

News Breaks
February 22, 2013
09:21 EDTNF, VVUS, KKR, GDI, TASR, BLOX, FIRE, ARUN, WBMD, DRI, WIFIOn The Fly: Pre-market Movers
UP AFTER EARNINGS/GUIDANCE: WebMD (WBMD), up 20.5%... Aruba Networks (ARUN), up 13.5%... SourceFire (FIRE), 13.9%... Infoblox (BLOX), up 10.2%... Hewlett-Packard (HPQ), up 4.3%... AIG (AIG), 5.3%... Darden (DRI), up 0.5%... ALSO HIGHER: TASER (TASR), up 5.8% following upgrade to Overweight at JPMorgan... Gardner Denver (GDI), up 4.8% after quarterly report, Bloomberg says KKR (KKR) makes $75 per share takeover bid... DOWN AFTER EARNINGS/GUIDANCE: Boingo Wireless (WIFI), down 22.7%... Abercrombie & Fitch (ANF), down 0.8%... ALSO LOWER: Vivus (VVUS), down 3.6% after European regulator confirms rejection of Qsiva application.
News For NF;DRI;WBMD;ARUN;FIRE;BLOX;TASR;GDI;KKR;VVUS;WIFI From The Last 14 Days
Check below for free stories on NF;DRI;WBMD;ARUN;FIRE;BLOX;TASR;GDI;KKR;VVUS;WIFI the last two weeks.
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June 19, 2013
12:22 EDTVVUSOutlook for obesity drug coverage has improved, says Leerink
Leerink notes that the VA started covering Vivus' (VVUS) Qsymia in April, while a bipartisan group of lawmakers will introduce a bill today to make Medicare begin covering weight-loss drugs. Meanwhile the AMA has labeled obesity a disease for the first time, Leerink added. The firm believes that the community will begin treating obesity as a disease, and it thinks that recent events could enable weight loss drug makers to exceed its estimates. The firm reiterates Outperform ratings on weight loss drug makers Vivus, Arena (ARNA), and Orexigen (OREX).
09:49 EDTVVUSWeight loss drug makers rise after AMA calls obesity a disease
Makers of anti-obesity drugs are advancing after the American Medical Association designated obesity as a disease. WHAT'S NEW: The AMA recognized obesity as a disease yesterday. Obesity "requires a range of medical interventions," and the treatment and prevention of the condition must be advanced, the organization stated. The AMA's decision will help change the way doctors deal with obesity, AMA board member Patrice Harris, M.D, stated. TODAY'S PRICE ACTION: In early trading, Arena Pharmaceuticals (ARNA) rose 2% to $7.65, while VIVUS (VVUS) climbed 2.4% to $14.10 and Orexigen (OREX) inched up 0.3% to $6.40.
09:24 EDTVVUSOn The Fly: Pre-market Movers
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07:39 EDTDRIDarden risk/reward favorable, says Oppenheimer
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07:11 EDTVVUSVIVUS study of Stendra shows efficacy within 15 minutes in men with ED
VIVUS announced positive results from a multicenter, placebo-controlled study, TA-501, designed to assess the efficacy of Stendra in approximately 15 minutes. In the study, Stendra patients achieved statistically significant improvement over placebo, in the mean proportion of attempts that resulted in erections sufficient for successful intercourse, as early as 10 minutes for the 200 mg dose and 12 minutes for the 100 mg dose after being taken.
06:52 EDTVVUSAMA recognizes obesity as disease. NY Times reports
The American Medical Association, or AMA, has officially recognized obesity as a disease, The New York Times reported yesterday. The decision could cause more insurance companies to pay for obesity treatments and spur more doctors to take more steps to combat the condition, the newspaper stated. The AMA overrode a recommendation by a committee that had recommended against making the change, the newspaper noted. Reference Link
June 18, 2013
10:49 EDTKKRSiemens seeks private equity offers for Nokia Siemens Networks, Reuters says
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June 17, 2013
10:10 EDTARUNOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Blackstone Mortgage Trust (BXMT) initiated with an Overweight at JPMorgan... ChannelAdvisor (ECOM) initiated with a Buy at Goldman... IHS Inc. (IHS) initiated with a Hold at Deutsche Bank... Synergy Pharmaceuticals (SGYP) initiated with a Buy at Citigroup... T-Mobile (TMUS) initiated with a Neutral at RW Baird... Teradata (TDC) initiated with an Underperform at Cowen... Tesla (TSLA) initiated with an Overweight at Global Equities... U.S. Silica (SLCA) initiated with an Outperform at Wells Fargo... Ubiquiti Networks (UBNT) initiated with an Outperform at BMO Capital... Altra Holdings (AIMC) initiated with a Neutral at Sidoti... Portola Pharmaceuticals (PTLA) initiated with an Outperform at William Blair... Silver Standard (SSRI) initiated with a Neutral at Citigroup... Sangamo BioSciences (SGMO) initiated with an Outperform at Cowen... Aruba Networks (ARUN) initiated with a Buy at Maxim... Unwired Planet (UPIP) initiated with a Buy at Lake Street.
08:19 EDTARUNAruba Networks initiated with a Buy at Maxim
Target $17.
07:29 EDTARUNMaxim to host a bus tour
Silicon Valley Bus Tour travels throughout Silicon Valley to meet with various companies on June 17.
07:11 EDTVVUSVIVUS urges stockholders to vote on the GOLD proxy card
VIVUS mailed a letter to stockholders advising them to protect the value of their investment in VIVUS by voting the GOLD proxy card. The letter stated "VIVUS stockholders face an important decision at the upcoming 2013 VIVUS Annual Meeting of Stockholders. Your board and management team have made substantial progress in laying the foundation for Qsymia, and now we are poised to drive future sales by providing broad access to the millions of patients whose lives would benefit from this important therapy. While much progress has already been made, careful and timely execution of the next phase of our retail commercialization plan will be critical to the success of VIVUS. This phase of our retail commercialization plan, after REMS modification, requires a major pharmaceutical company to reach the primary care physicians. As such, we are in discussions with large pharmaceutical companies to explore opportunities as to how we may work together to maximize sales of Qsymia. We strongly believe that electing First Manhattan nominees at the Annual Meeting will jeopardize the progress we are making, and will throw VIVUS into turmoil. At this critical juncture in the company's history, FMC, which owns less than 10% of the company's stock, is trying to seize control of 100% of the VIVUS Board and your company. We strongly urge you not to jeopardize the important progress your Board and management team are making and risk your investment."
June 14, 2013
07:23 EDTKKRSiemens considers deal for Nokia Siemens, WSJ reports
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June 12, 2013
07:21 EDTKKRThe NYSSA to host a conference
23rd Annual High Yield Bond Conference is being held in New York on June 12.
June 11, 2013
09:12 EDTDRIRuby Tuesday appoints Burrowes as President, Ruby Tuesday Concept, COO
Ruby Tuesday (RT) announced the appointment of Todd Burrowes as President, Ruby Tuesday concept and Chief Operations Officer. Burrowes joins Ruby Tuesday after spending the past five years as the Executive Vice President of Operations for LongHorn Steakhouse, a portfolio brand of Darden Restaurants (DRI).
June 10, 2013
07:13 EDTARUNFBN Securities to host a tour
4th Annual Semi-Annual Silicon Valley Technology Bus Tour travels throughout Silicon Valley June 10-11.
June 7, 2013
07:04 EDTVVUSVIVUS drug Qsymia cited in The Journal of Diabetes and Its Complications
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June 6, 2013
08:41 EDTKKRKKR & Co. volatility stays flat as shares trend lower
KKR & Co. overall option implied volatility of 30 is near its 26-week average of 29 according to Track Data, suggesting non-directional price movement.
07:15 EDTKKRKKR & Co. Apollo Global should be bought at current levels, says Oppenheimer
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05:36 EDTKKRKKR acquires UK retail park property, terms not disclosed
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