New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 1, 2014
17:05 EDTNFLX, TWTR, GPRO, RGEN, AYI, SNY, GEVAOn 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
Check below for free stories on NFLX;TWTR;GPRO;RGEN;AYI;SNY;GEVA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
September 4, 2014
09:06 EDTGPROOn The Fly: Pre-market Movers
UP AFTER EARNINGS: PVH Corp. (PVH), up 9%... Verifone (PAY), up 3.8%... Methode Electronics (MEI), up 13%... Bazaarvoice (BV), up 9%. ALSO HIGHER: Bolt Technology (BOLT), up 35.7% after Teledyne (TDY) agrees to acquire the company for $22 per share in cash... Mitek Systems (MITK), up 58% after USAA lawsuit settlement... Tibco Software (TIBX), up 7% after announcing that it is reviewing strategic alternatives... Stereotaxis (STXS), up 22% after receiving FDA clearance for Vdrive with V-Loop system... NewLink (NLNK), up 3.4% after reporting FDA approval for Phase 1 clinical studies of Ebola vaccine. DOWN AFTER EARNINGS: Ciena (CIEN), down 3%... Joy Global (JOY), down 1%... Matrix Service (MTRX), down 11%... Mobileye (MBLY), down 1.3%. ALSO LOWER: Yum! Brands (YUM), down 2.8% after updating third quarter China division same-store sales guidance... 3D Systems (DDD), down 2.9% after downgraded at Pacific Crest... GoPro (GPRO), down 3.5% after downgraded at JPMorgan... Shanda Games (GAME), down 4% after announcing reconstitution of special committee.
06:38 EDTTWTRTwitter CFO hints at better search, improved algorithm, group chats, WSJ says
Subscribe for More Information
06:19 EDTGPROGoPro downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded GoPro to Neutral citing valuation following the recent rally in shares. The firm has a $51 price target for the stock, which closed yesterday up 5% to $56.86.
September 3, 2014
16:01 EDTNFLX, TWTROptions Update; September 3, 2014
Subscribe for More Information
13:38 EDTNFLXNetflix acquires rights to 'Gotham' series for $1.75M per episode, Deadline says
Netflix has acquired the streaming rights for the upcoming drama series "Gotham" for $1.75M per episode, Deadline reports. This exclusive streaming rights purchase is the first deal to be made for a broadcast series before its television premiere, Deadline added. Reference Link
12:49 EDTSNYSanofi reports Dengue vaccine candidate achieves its phase 3 primary endpoint
Sanofi Pasteur, the vaccines division of Sanofi, announced that the final landmark phase 3 efficacy study of its dengue vaccine candidate in Latin America successfully achieved its primary clinical endpoint. Results showed an overall significant reduction of 60.8% of dengue disease cases in children and adolescents 9-16 years old after a three-dose vaccination schedule. Importantly, efficacy was observed against each of the four dengue serotypes. Additional observations of the results showed a clinically important reduction by 80.3% in the risk of hospitalization due to dengue during the study. The results also showed in the study population an efficacy against dengue haemorrhagic fever, the severe form of dengue, which is consistent with the results released from Sanofiís phase 3 dengue study in Asia. Lastly, the results suggest better protection in case of prior exposure to dengue.
12:19 EDTGPROOptions with increasing implied volatility
Subscribe for More Information
11:35 EDTTWTRStocks with call strike movement; BBRY TWTR
Subscribe for More Information
10:07 EDTNFLXNetflix volatility low as shares at record high
Subscribe for More Information
09:36 EDTNFLX, TWTRActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA TWTR PBR C GILD NFLX FB BIDU
08:03 EDTTWTRTwitter management to meet with Deutsche Bank
Subscribe for More Information
05:29 EDTNFLXNetflix announces Gotham to be released exclusively on Netflix
Subscribe for More Information
September 2, 2014
20:26 EDTSNYSanofi has a conference call hosted by JPMorgan
Subscribe for More Information
16:00 EDTTWTR, NFLXOptions Update; September 2, 2014
Subscribe for More Information
13:58 EDTSNYRegeneron expected to receive priority review at Piper Jaffray
Piper Jaffray expects Regeneron (REGN) and Sanofi (SNY) will receive priority review for alirocumab via the priority review voucher recently acquired from BioMarin (BMRN). Piper says potential approval of the drug is likely by mid-2015 and it reiterates an Overweight rating on Regeneron with a $382 price target.
11:32 EDTTWTRStocks with call strike movement; BBRY TWTR
BlackBerry (BBRY) March 12 call option implied volatility decreased 6% to 48, Twitter (TWTR) December 57.5 call option implied volatility increased 5% to 48 according to IVolatility.
09:41 EDTTWTR, NFLXActive equity options trading on open
Subscribe for More Information
09:19 EDTGPROGoPro volatility at historic low as shares at record high
GoPro overall option implied volatility of 41 is below its 26-week average of 56 according to Track Data, suggesting decreasing price risk.
08:35 EDTSNYIntrexon enters into ECC with Sanofi subsidiary to develop APIs
Subscribe for More Information
07:21 EDTSNYRegeneron data positive, says RBC Capital
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 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