New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 1, 2014
17:05 EDTAYI, TWTR, GEVA, RGEN, NFLX, SNY, GPROOn The Fly: Closing Wrap
Stocks on Wall Street were higher but the Dow will need to wait at least one more session before eclipsing 17,000 for the first time. The bluechip average, along with the S&P 500 and the Nasdaq, began the trading day in positive territory and remained there for the entire session. Following manufacturing reports from around the globe that were released today, investors will now be keying in on the week's big economic event, which is the U.S. monthly nonfarm payrolls report due Thursday. ECONOMIC EVENTS: In the U.S., Markit's manufacturing purchasing managers' index for June had a final reading of 57.3, which was a hair below the 57.5 flash estimate but up from May's 56.4 reading. ISM's manufacturing index slipped very slightly to 55.3 in June from May's 55.4 figure. Construction spending increased 0.1% in May, missing the forecast for 0.5% growth. In China, HSBC's PMI reading came in at 50.7, which was a bit below the flash reading but above the 50 mark that indicates expansion for the first time since December. In Europe, Markit's final eurozone manufacturing PMI for June came in at 51.8, which was down from 52.2 in the prior month and below the earlier flash estimate of 51.9, but still indicated expansion in the sector. COMPANY NEWS: Shares of Netflix (NFLX) climbed $32.50, or 7.38%, to $473.10 after Goldman Sachs upgraded the stock in a note to investors earlier today, predicting that Netflix's total worldwide market will more than double over the next three years and its subscriber growth will continue to exceed expectations... Twitter (TWTR) rose $1.08, or 2.64%, to $42.05 after hiring Anthony Noto as its new Chief Financial Officer. Noto served as a Managing Director in the Technology, Media and Telecom group at Goldman Sachs (GS), which had handled the social network's IPO, and prior to that had served as the CFO of the National Football League. MAJOR MOVERS: Among the notable gainers was GoPro (GPRO), which rose another $8.25, or 20.35%, to $48.80 in its fourth trading session since its IPO last Thursday. The action camera maker has advanced an incredible 66.78% since its IPO priced at $24.00 per share. Also higher was Regeneron (REGN), which advanced $20.92, or 7.41%, to $303.39 after Sanofi (SNY) disclosed in a regulatory filing that it plans to increase its beneficial ownership stake in its smaller pharmaceutical industry peer to 22.5% from 20.5%. Among the noteworthy losers was lighting solutions maker Acuity Brands (AYI), which fell $20.63, or 14.92%, to $117.62 after its sales and profits missed expectations. Also lower were shares of Synageva BioPharma (GEVA), which tumbled $14.35, or 13.69%, to $90.45 after the company reported that its sebelipase alfa drug had met its primary endpoint in a trial, but two research firms were lukewarm about the stock's outlook. INDEXES: The Dow was up 129.47, or 0.77%, to 16,956.07, the Nasdaq was up 50.47, or 1.14%, to 4,458.65, and the S&P 500 was up 13.09, or 0.67%, to 1,973.32.
News For NFLX;TWTR;GPRO;RGEN;AYI;SNY;GEVA 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 | all recent news | >>
July 21, 2015
16:38 EDTGPROGoPro reverses, down 3.29% in after-hours trading
Subscribe for More Information
16:20 EDTGPROGoPro up roughly 1.6% after reporting quarterly results
16:12 EDTGPROGoPro says China now 'top ten' country for GoPro products
Subscribe for More Information
16:09 EDTGPROGoPro says company products now sold in over 40,000 stores globally
Subscribe for More Information
16:08 EDTGPROGoPro reports Q2 adjusted EPS 35c, consensus 26c
Subscribe for More Information
15:02 EDTGPRONotable companies reporting after market close
Subscribe for More Information
14:19 EDTGPROGoPro July weekly 60 straddle priced for 14% movement into Q2
Subscribe for More Information
13:14 EDTGPROGoPro technical notes before earnings
Subscribe for More Information
12:47 EDTSNYPiper confident in Regeneron approval by Friday
After Amgen's (AMGN) Repatha received marketing authorization in Europe, making it the first of the anti-PCSK9 antibody to be approved worldwide, Piper Jaffray analyst Edward Tenthoff expressed confidence that Regeneron (REGN) and Sanofi's (SNY) anti-PCSK9 antibody Praluent will be approved by Friday's FDA action date. Tenthoff believes Praluent will eventually be a blockbuster drug, but anticipates the launch to be slow. He keeps a Neutral rating on Regeneron with a $484 price target.
12:43 EDTGPROEarnings Watch: Analysts expect GoPro to beat expectations in Q2
Subscribe for More Information
10:24 EDTNFLXOptions with decreasing implied volatility
Subscribe for More Information
09:35 EDTNFLXActive equity options trading on open
Active equity options trading on open: AAPL FB IBM TSLA BAC PVA NFLX
07:32 EDTGPROGoPro July weekly volatility elevated into Q2 and outlook
GoPro July weekly call option implied volatility is at 149, August is at 65, September is at 54 compared to its 52-week range of 39 to 98, suggesting large near term price movement into the expected release of Q2 results on July 21.
July 20, 2015
16:01 EDTNFLXOptions Update; July 20, 2015
Subscribe for More Information
15:47 EDTGPROGoPro launches premium content licensing portal
Subscribe for More Information
14:33 EDTGPROGoPro, Toyota partner to put camera mount in Tacoma, Wired says
GoPro (GPRO) and Toyota (TM) are partnering to place a a GoPro camera mount on the roofline of every new 2016 Toyota Tacoma, a first for a carmaker, says Wired. Toyota will not supply the camera, added Wired. Shares of GoPro are up 6.5% while Toyota is up fractionally. Reference Link
10:13 EDTNFLXOptions with decreasing implied volatility
Subscribe for More Information
09:53 EDTNFLXNetflix falls to session lows, levels to watch
Subscribe for More Information
09:34 EDTNFLXActive equity options trading on open
Subscribe for More Information
06:06 EDTTWTRStocks with implied volatility above IV index mean; XOMA TWTR
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 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