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 | >>
July 15, 2014
09:21 EDTGPROOn The Fly: Pre-market Movers
Subscribe for More Information
08:18 EDTTWTRTwitter cracks down on providers of user stats, BI says
After Twitter's stock declined early this year following data that suggested growth in its monthly active users was slowing or flat and that engagement measures were declining, the social network operator has taken the unusual step of shutting off its data flow to certain companies that have published their own stats on Twitter's user statistics, according Business Insider, citing two sources. Reference Link
08:03 EDTNFLXPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
07:34 EDTRGENRepligen hires Jon Snodgres as CFO
Subscribe for More Information
07:00 EDTGPROGoPro initiated with an Outperform at JMP Securities
JMP Securities started shares of GoPro with an Outperform rating saying it views the brand as a "highly leveragable asset." It estimates the company is pursuing a greater than $70B total addressable market across cameras and wearables, channel advertising, and other accessory and multimedia content opportunities. The set a $60 price target for shares.
06:06 EDTTWTRTwitter upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded its rating on Twitter (TWTR) to Neutral saying a reset in expectations and improving fundamentals will limit downside in the stock. The firm believes user growth trends remain an issue, though, and remains cautious on the name. Macquarie has a $36 price target for Twitter shares, which closed yesterday down 2c to $38.31.
July 14, 2014
16:00 EDTNFLX, TWTROptions Update; July 14, 2014
Subscribe for More Information
09:36 EDTTWTRActive equity options trading on open
Subscribe for More Information
09:00 EDTTWTRTwitter Q2 MAUs likely to miss expectations, says Wunderlich
Subscribe for More Information
July 13, 2014
17:44 EDTGPROGoPro could be vulnerable to smartphones, Barron's says
Subscribe for More Information
July 11, 2014
15:59 EDTTWTROptions Update; July 11, 2014
iPath S&P 500 VIX Short-Term Futures down 33c to 28.25. Option volume leaders: AAPL C GILD X FB GOOG AMZN TWTR TSLA according to Track Data.
09:37 EDTTWTRActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFC C SUNE FB AMZN TSLA TWTR
08:59 EDTNFLXNetflix price target to $500 on international opportunity at Raymond James
Subscribe for More Information
06:10 EDTNFLX, TWTRJPMorgan expects solid Q2 results in Internet space
Subscribe for More Information
July 10, 2014
16:00 EDTTWTR, NFLXOptions Update; July 10, 2014
Subscribe for More Information
11:26 EDTTWTRStocks with call strike movement; TWTR FB
Twitter (TWTR) July 42 call option implied volatility increased 11% to 54, Facebook (FB) August 72.5 call option implied volatility increased 5% to 53 according to IVolatility.
11:09 EDTTWTROptions with increasing implied volatility
Subscribe for More Information
09:36 EDTTWTRActive equity options trading on open
Subscribe for More Information
09:10 EDTRGENRepligen volatility low on wide price movement
Repligen overall option implied volatility of 41 is below its 26-week average of 45 according to Track Data, suggesting decreasing price movement.
08:26 EDTGEVALeerink reiterates caution on Intercept ahead of FLINT data
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