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Stock Market & Financial Investment News

News Breaks
February 22, 2012
21:53 EDTUNH, CVS, ETN, LULU, SWC, EMC, TAL, REGN, MDRX, HON, NKE, DMND, PHM, GG, TOL, HLF, BA, HOG, XRTX, AKRX, AUY
theflyonthewall.com: Jim Cramer's "Mad Money"
Jim Cramer attempted to explain why $4 a gallon gasoline hasn't begun crippling the stock market. In reality, Cramer said that if high gas really was hurting the economy, then discretionary stocks like Nike (NKE), Lululemon Athletica (LULU) and Harley Davidson (HOG) wouldn't keep heading higher. Cramer listed five reasons why the markets aren't being affected by the pain at the pump. First, the economy is growing. Cramer said that hiring can conquer all, even expensive gas. Second, he said unlike 2008, interest rates are low, allowing business and consumers to refinance their mortgages and debts to offset higher gas. Third, Cramer noted that gas isn't our only energy bill, and thanks to a warm winter and falling natural gas prices, the pain at the pump isn't as bad this time around. Fourth, Cramer said that companies are ready this time around and some, like Honeywell (HON), Eaton (ETN) and Boeing (BA) all benefit from helping companies save on energy and fuel costs. Finally, Cramer said that consumers are not as shocked with $4 gas as they were in 2008. EXECUTIVE DECISION: Cramer spoke with Glen Tullman, CEO of Allscripts Healthcare Solutions (MDRX), a stock that's up 135% since Cramer first got behind the company in January 2009, but also one that fell short on its most recent earnings release. Tullman clarified that Allscripts did update its guidance throughout the year and did deliver on its updated projections. He said that bookings were up 26% and the company delivered strong financial results and steady, consistent growth. Tullman also touted Allscripts' deal with CVS Caremark (CVS) to bring electronic records to the chain's Minute Clinics. Cramer said that while Allscripts may not be growing as fast as some projected, it's clear that the company still has a lot of growth ahead of it. He reiterated his recommendation. Then, Cramer once again spoke with Michael Johnson, chairman and CEO of Herbalife (HLF), which delivered a stellar 14c earnings beat on a 19% rise in revenues. Herbalife also raised its 2012 guidance and boosted its dividend by 50%. Shares of Herbalife are up 225% since Cramer first recommended the company in November 2009. Cramer called Johnson a money-maker for investors and continued his recommendation of Herbalife. LIGHTNING ROUND: (Bullish) REGN; UNH; TOL; TAL; AUY; GG; EMC. (Bearish) AKRX; PHM; SWC; XRTX; DMND. Reference Link :theflyonthewall.com



News For NKE;LULU;HOG;HON;ETN;BA;MDRX;CVS;HLF;REGN;UNH;TOL;TAL;AUY;GG;EMC;AKRX;PHM;SWC;XRTX;DMND From The Last 14 Days
Check below for free stories on NKE;LULU;HOG;HON;ETN;BA;MDRX;CVS;HLF;REGN;UNH;TOL;TAL;AUY;GG;EMC;AKRX;PHM;SWC;XRTX;DMND the last two weeks.
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May 25, 2012
15:22 EDTTOL
theflyonthewall.com: Toll Brothers volatility flat; shares near five-year high
Toll Brothers overall option implied volatility of 40 is near its 26-week average according to Track Data, suggesting non-directional price movement. :theflyonthewall.com
14:51 EDTETN
theflyonthewall.com: Market poised to finish week higher despite European fears

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14:08 EDTMDRX
theflyonthewall.com: HealthCor gets expedited court review for suit against Allscripts

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12:38 EDTBA
theflyonthewall.com: South Korea to award $6.7B fighter deal in October, Agence France Presse.says

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12:29 EDTLULU
theflyonthewall.com: Lululemon Athletica June volatility increases into Q1 and growth outlook
Lululemon Athletica June call option implied volatility is at 58, July is at 49; compared to its 26-week average of 54 according to Track Data, suggesting larger near term price movement into the expected release of Q1 on June 7. :theflyonthewall.com
10:31 EDTLULU
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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06:43 EDTHLF
theflyonthewall.com: Stocks with implied volatility below IV index mean; HLF ARNA

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06:37 EDTEMC
theflyonthewall.com: Stocks with implied volatility movement; RIMM EMC

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06:30 EDTLULU
theflyonthewall.com: Lululemon downgraded to Hold from Buy at KeyBanc
KeyBanc downgraded Lululemon based on valuation based on valuation and a more cautious view of the U.S. high-end consumer. :theflyonthewall.com

May 24, 2012
23:51 EDTEMC
theflyonthewall.com: EMC is nicely positioned in the cloud, Barron's reports

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14:00 EDTEMC
theflyonthewall.com: VMware sinks after firm says virtualization growth could slow

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11:13 EDTEMC
theflyonthewall.com: NetApp falls after guidance disappoints investors

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09:01 EDTEMC
theflyonthewall.com: Senate Homeland Security and Governmental Affairs Committee to hold a hearing

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08:33 EDTCVS
theflyonthewall.com: CVS Caremark research finds targeted adherence interventions more effective

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07:49 EDTUNH
theflyonthewall.com: BofA/Merrill's healthcare analyst research team holds a conference call

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07:44 EDTEMC
theflyonthewall.com: NetApp target lowered to $30 from $42 at BMO Capital

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07:22 EDTBA
theflyonthewall.com: Senator Reid holding ground on defense cuts, Politico says

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07:20 EDTBA
theflyonthewall.com: Boeing says Dreamliner on track for mid-year delivery to Air India

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06:08 EDTBA
theflyonthewall.com: Delta Flight 2267 diverted due to engine trouble, AJC reports
Delta (DAL) Flight 2267, a Boeing (BA) 757, was diverted to Phoenix yesterday afternoon due to a right engine shutdown, the Atlanta Journal-Constitution reports. Reference Link :theflyonthewall.com

May 23, 2012
15:48 EDTTOL
theflyonthewall.com: Toll Brothers CEO says this is "fragile time," company being very cautious

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15:47 EDTTOL
theflyonthewall.com: Toll Brothers CEO says NY its best market, Chicago still "troubling"
Also cites Las Vegas as slow market. CEO Doug Yearley Jr. speaking on CNBC. :theflyonthewall.com
14:38 EDTTOL
theflyonthewall.com: Toll Brothers says most of its gains coming from 'lack of competition'
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14:32 EDTTOL
theflyonthewall.com: Toll Brothers sees liquidity, pricing of mortgages very strong right now

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14:31 EDTTOL
theflyonthewall.com: Toll Brothers talking to six brand new jumbo investors
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14:26 EDTTOL
theflyonthewall.com: Toll Brothers sees flat margins through end of this year

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14:21 EDTTOL
theflyonthewall.com: Toll says it has some pretty big deal announcements in the coming months
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14:14 EDTTOL
theflyonthewall.com: Toll Brothers expects to deliver about 10% more homes in Q4 than Q3
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14:12 EDTTOL
theflyonthewall.com: Toll Brothers say confidence improved, but fragile

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14:12 EDTTOL
theflyonthewall.com: Toll Brothers says housing market in new, stronger phase of recovery
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12:08 EDTBA
theflyonthewall.com: Official: Chinese companies to buy 2,500 planes by 2015, Xinhua says

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11:19 EDTHON
theflyonthewall.com: Sources: Ametek, Honeywell, Danaher mulling bids for Bartec, Reuters reports

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09:36 EDTUNH
theflyonthewall.com: Senate Finance Committee to hold a hearing
The Committee holds a hearing entitled, "Progress in Health Care Delivery: Innovations from the Field" with EVP Migliori of UnitedHealth Group and President & CEO Diaz of Kindred Healthcare on May 23 at 10 am. Webcast Link :theflyonthewall.com
09:15 EDTDMND
theflyonthewall.com: Diamond Foods higher in pre-market, resistance is at $25.18

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09:14 EDTDMND
theflyonthewall.com: Diamond Foods volatility elevated into Oaktree Investment
Diamond Foods overall option implied volatility of 68 is above its 26-week average of 62 according to Track Data, suggesting larger price movement on the company securing $225M investment from Oaktree Capital Management. :theflyonthewall.com
09:09 EDTDMND
theflyonthewall.com: Diamond Foods secures $225M investment from Oaktree Capital Management

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08:30 EDTMDRX
theflyonthewall.com: Allscripts initiated with a Neutral at Lazard Capital

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08:14 EDTAKRX
theflyonthewall.com: Akorn initiated with a Buy at Auriga
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08:04 EDTEMC
theflyonthewall.com: Brocade and EMC transform and simplify network management for the cloud

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08:04 EDTCVS
theflyonthewall.com: MinuteClinic and Hackensack University Health sign clinical collaboration
MinuteClinic, the retail healthcare division of CVS Caremark, is partnering with Hackensack University Health Network in a clinical affiliation that expands access to convenient, affordable healthcare services in northeast New Jersey. Under the agreement, HackensackUMC physicians will serve as medical directors for six MinuteClinic walk-in medical clinics inside select CVS/pharmacy stores in Bergen, Passaic and Hudson counties, and parts of Essex County. :theflyonthewall.com
08:02 EDTCVS
theflyonthewall.com: MinuteClinic signs clinical collaboration with Atlantic Health System
MinuteClinic, the retail health care division of CVS Caremark, and Atlantic Health System have entered into a clinical affiliation to enhance access to high quality health care services in Northern and Central New Jersey. The agreement includes nine MinuteClinic walk-in medical clinics open seven days a week inside select CVS/pharmacy stores in Morris, Somerset, Sussex and Union counties and parts of Essex county. :theflyonthewall.com
07:01 EDTNKE
theflyonthewall.com: Nike's "hot punch" running shoes part of new trend, Bloomberg reports
Technologically sophisticated running shoes are all the rage as a fashion statement, and shoppers are paying $100 for Nike’s (NKE) Free sneaker in “hot punch” -- aka pink, reports Bloomberg. Sales of shoes like these in the U.S. jumped 14% to $6.46B in the 12 months through March, according to NPD Group. And Q1 profit gains helped shares at retailers from Foot Locker Inc. (FL) to Dick’s Sporting Goods (DKS), evidence that a trend that began two years ago still has room to grow. Reference Link :theflyonthewall.com
05:57 EDTTOL
theflyonthewall.com: Toll Brothers sees 2H average delivered price $560,000-$580,000
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05:56 EDTTOL
theflyonthewall.com: Toll Brothers sees delivering 2,700-3,200 homes in FY12

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05:55 EDTTOL
theflyonthewall.com: Toll Brothers: market has moved into new, stronger phase of recovery

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05:54 EDTTOL
theflyonthewall.com: Toll Brothers sees ending FY12 with 230-245 selling communities

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05:53 EDTTOL
theflyonthewall.com: Toll Brothers reports Q2 net signed contracts $754.7M, up 51%

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05:51 EDTTOL
theflyonthewall.com: Toll Brothers Q2 deliveries 671 units, up 14%

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05:49 EDTTOL
theflyonthewall.com: Toll Brothers reports Q2 EPS 10c, consensus 4c

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May 22, 2012
21:57 EDTETN
theflyonthewall.com: Jim Cramer's "Mad Money"

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12:20 EDTBA
theflyonthewall.com: Southwest, Delta, and Boeing reach tentative agreement to sublease 717 fleet

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11:25 EDTTOL
theflyonthewall.com: Earnings Preview: Toll Brothers sentiment positive ahead of Q2 results

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08:32 EDTEMC
theflyonthewall.com: EMC multiple poised to expand, says Sterne Agee

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08:29 EDTBA
theflyonthewall.com: Boeing unlikely to be badly hurt by excess capacity, says Sterne Agee

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08:09 EDTAUY, GG
theflyonthewall.com: BofA/Merrill's metals and mining analyst holds a conference call

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08:06 EDTEMC
theflyonthewall.com: EMC's recent weakness is a buying opportunity, says Goldman
Goldman said EMC's investor day increased its confidence that the company will be able to innovate, fend off emerging technology competition, and gain share. The firm views the sell-off in shares as a buying opportunity and reiterates its Buy rating and $33 price target. :theflyonthewall.com
07:39 EDTETN
theflyonthewall.com: Electrical Products Group hosts a conference

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06:09 EDTETN
theflyonthewall.com: Hubbell says not threatened by takeovers in its sector, Reuters reports

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04:58 EDTEMC
theflyonthewall.com: EMC acquires privately held Syncplicity

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May 21, 2012
17:57 EDTMDRX
theflyonthewall.com: Allscripts holder HealthCor sues and seeks proxy fight, Reuters reports

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16:16 EDTETN
theflyonthewall.com: On The Fly: Closing Wrap
Stocks on Wall Street were higher in spite of Facebook (FB) breaking its IPO pricing. Stock futures were higher throughout the premarket trading session as the market got ready to bounce from its two week tailspin. There was little reaction to the better than expected Chicago Fed National Activity Index but the futures action led to a higher open for the broader market. The averages began the day slightly higher but moved firmly into the green shortly after midmorning. The market then moved in a narrow range for most of the session, but with an upward trend, as the market finally broke its losing streak... ECONOMIC EVENTS: Domestically, the Chicago Fed National Activity Index rose to +0.11 for the month of April from -0.29 in March... COMPANY NEWS: Facebook shares fell below their $38 issue price in premarket trading and continued to slide as much as 13.7% before finding a level near $33. In its second day of trading the stock closed down $4.20, or 10.99%, at $34.03... Yahoo! (YHOO) agreed to sell half of its 40% stake in Chinese e-commerce group Alibaba for about $7.1B and laid out a joint agreement for a plan to dispose of the remainder of its stake over time. Yahoo did not give exact plans for what it will do with the proceeds, expected to be about $4.2B after taxes, but did increase its share repurchase authorization by $5B concurrently with the transaction... JP Morgan (JPM) slid close to another 3% as the company's CEO Jamie Dimon announced at an investor conference that the bank is suspending its share repurchase program for the time being as it works to strengthen its capitalization ahead of new regulations... MAJOR MOVERS: Among the notable gainers were Cooper Industries (CBE), up $14.04, or 25.14%, to $69.88, after agreeing to be acquired by Eaton Corporation (ETN) in a cash and stock deal valued at $72.00 per share, and Krispy Kreme (KKD), up 61c, or 10.15%, to $6.62, following its report of better than expected earnings. Also higher were shares of Westport Innovations (WPRT), up $2.83, or 11.93%, to $26.56, as Craig-Hallum said in a note to investors that the firm sees more catalysts heading into Westport's analyst day later this week and continues to recommend the stock as the shift towards natural gas in trucking is hitting a tipping point. Noteworthy losers included Lowe's (LOW), down $2.88, or 10.11%, to $25.60, after its sales and profits beat estimates but its yearly earnings guidance came in below consensus, and BlackRock (BLK), down $4.18, or 2.43%, to $167.73, as Barclays (BCS) announced plans to sell its entire 19.6% stake in the alternative investment manager... INDICES: The Dow gained 135.10, or 1.09%, to 12,504.48; the Nasdaq rose 68.42, or 2.46%, to 2,847.21; and the S&P 500 added 20.77, or 1.60%, to 1,315.99. :theflyonthewall.com
13:41 EDTHLF
theflyonthewall.com: Herbalife mentioned positively at Canaccord

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13:37 EDTETN
theflyonthewall.com: Piper expects further sector consolidation following Cooper deal
Piper Jaffray expects consolidation in the electrical and industrial components sector to continue after Eaton (ETN) acquired Cooper Industries (CBE). The firm views Quanta Services (PWR), Acuity Brands (AYI) and Elster (ELT) as attractive potential takeover targets within its coverage universe. :theflyonthewall.com
12:21 EDTETN
theflyonthewall.com: On The Fly: Midday Wrap

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10:34 EDTBA
theflyonthewall.com: On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alpha Natural (ANR) upgraded to Buy from Hold at Brean Murray... American Eagle (AEO) upgraded to Buy from Hold at Brean Murray... Group 1 Automotive (GPI) upgraded to Buy from Neutral at Sterne Agee... LPL Investment (LPLA) upgraded to Neutral from Negative at Susquehanna... Mid-Con Energy (MCEP) upgraded to Outperform from Market Perform at Raymond James... Safeway (SWY) upgraded to Buy from Neutral at Citigroup... United Bankshares (UBSI) upgraded to Buy from Neutral at Janney Capital... Waters (WAT) upgraded to Buy from Neutral at Mizuho... Boeing (BA) upgraded to Buy from Hold at Argus. :theflyonthewall.com
10:05 EDTDMND
theflyonthewall.com: Rumor: Diamond Foods up on speculation of a Pipe investment by Oaktree Capital
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10:01 EDTETN
theflyonthewall.com: Cooper, other companies in sector climb following takeover

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10:00 EDTHLF
theflyonthewall.com: Herbalife receives approval for additional licenses in China
Herbalife announced that China's Ministry of Commerce has granted eight additional licenses for the company to conduct its direct-selling business in Hebei Province, Shanxi Province, Tianjin Municipality, Heilongjiang Province, Hunan Province, Guangxi Zhuang Autonomous Region, Hainan Province, and Anhui Province. All licenses are effective immediately. :theflyonthewall.com
09:44 EDTETN
theflyonthewall.com: Eaton Corp. and Cooper Industries to host joint conference call

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09:11 EDTETN
theflyonthewall.com: Eaton sees Cooper acquisition accretive to EPS by 35c in 2014
The acquisition is expected to be accretive to operating earnings per share by 35c in 2014 and by 45c in 2015. Excluding the non-cash expense related to the amortization of intangibles arising from purchase accounting, the acquisition is expected to be accretive to operating earnings per share by 65c in 2014 and by 75c in 2015. The acquisition will be financed with a mixture of cash, debt, and equity. Eaton has secured a $6.75B fully underwritten bridge financing commitment from Morgan Stanley Bank, N.A., Morgan Stanley Senior Funding, Inc. and Citibank, N.A. to finance the cash portion of the Acquisition. Eaton plans to later refinance these bridge borrowings through a new term debt issuance, use of cash on hand, and the possible sale of assets. :theflyonthewall.com
09:09 EDTETN
theflyonthewall.com: Eaton to buy Cooper Industries for cash and stock valued at $72
Eaton Corporation (ETN) and Cooper Industries plc (CBE) announced they have entered into a definitive agreement under which Eaton will acquire Cooper in a transaction that will significantly increase the capabilities and geographic breadth of the combined company’s power management portfolio and electrical business. At the close of the transaction, which is expected in the second half of 2012, Eaton and Cooper will be combined under a new company incorporated in Ireland, where Cooper is incorporated today. The newly created company, which is expected to be called Eaton Global Corporation Plc or a variant thereof, will be led by Alexander M. Cutler, Eaton’s current chairman and CEO. Under the terms of the Transaction Agreement, Cooper Shareholders will receive $39.15 in cash and 0.77479 shares of New Eaton for each Cooper share. Based on the Closing Price for Eaton common stock on Friday May 18, Cooper Shareholders will receive cash and shares valued at $72.00 per share, representing a premium of 29% and a total transaction equity value of approximately $11.8B. Eaton Shareholders will receive one share of the new company for each share of Eaton that they own upon closing. The transaction will be taxable, for U.S. federal income tax purposes, to both the Eaton Shareholders and the Cooper Shareholders. Eaton Shareholders are expected to own approximately 73% of the combined company while legacy Cooper Shareholders are expected to own approximately 27%. Shares of New Eaton will be registered with the U.S. SEC and are expected to trade on the New York Stock Exchange under the ticker symbol ETN. :theflyonthewall.com
09:09 EDTHLF
theflyonthewall.com: Herbalife shares should rebound further, says Argus

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09:06 EDTETN
theflyonthewall.com: Eaton to buy Cooper Industries for cash and stock valued at $72
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09:06 EDTEMC
theflyonthewall.com: EMC, VMware extend partnership to develop, sell, deliver analytics for VNX

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07:34 EDTBA
theflyonthewall.com: Boeing upgraded to Buy from Hold at Argus

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07:31 EDTHON
theflyonthewall.com: Electrical Products Group hosts a conference
2012 Electrical Products Group Annual Spring Conference is being held in Longboat Key, Florida on May 20-23 with webcasted company presentations to begin on May 21 at 7:30 am; not all company presentations may be webcasted. Webcast Link :theflyonthewall.com
06:44 EDTHLF
theflyonthewall.com: Stocks with implied volatility below IV index mean; JCP HLF

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May 20, 2012
10:05 EDTHON
theflyonthewall.com: Cambiar Opportunity Fund is waiting on the turn in energy stocks, Barron's says

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09:40 EDTTOL
theflyonthewall.com: Jim Cramer's "Mad Money"

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May 18, 2012
07:33 EDTEMC
theflyonthewall.com: EMC volatility flat into EMC World

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May 17, 2012
11:00 EDTUNH
theflyonthewall.com: GOP to back popular parts of health law if legislation overturned, Politco says
If the Supreme Court overturns the health care reform law next month, Republicans plan to support legislation that would preserve popular parts of the bill, according to Politico. These include clauses that allow children to stay on their parents' health insurance until the age of 26, and forcing insurers to cover people with pre-existing conditions, according to Politico. Reference Link :theflyonthewall.com
10:33 EDTHLF
theflyonthewall.com: On The Fly: Analyst Upgrade Summary

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10:23 EDTHLF
theflyonthewall.com: Herbalife volatility decreases after Einhorn fails to mention

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09:40 EDTHLF
theflyonthewall.com: Active equity option families in first 10-minutes of trading

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09:29 EDTHLF
theflyonthewall.com: Herbalife should trade on strong fundamentals now, says Caris

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09:28 EDTSWC
theflyonthewall.com: Stillwater Mining management to meet with JPMorgan
Meeting to be held in New York on May 22 hosted by JP Morgan. :theflyonthewall.com
08:09 EDTEMC
theflyonthewall.com: EMC's purchase of XtremIO may start flash storage consolidation, WSJ reports

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07:56 EDTAKRX
theflyonthewall.com: Akorn price target raised to $16 from $14 at Piper Jaffray

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07:37 EDTHLF
theflyonthewall.com: Herbalife upgraded to Buy from Average at Caris
Price target raised to $86 from $39. :theflyonthewall.com
07:34 EDTDMND
theflyonthewall.com: Longbow to host a conference

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07:28 EDTHLF
theflyonthewall.com: Herbalife estimates raised at Canaccord

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07:21 EDTGG
theflyonthewall.com: China set to be world's largest gold market, Bloomberg reports

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06:06 EDTBA
theflyonthewall.com: Southwest to delay 737 deliveries to save more than $1B, AP says
Southwest (LUV) is delaying the delivery of 30 Boeing (BA) 737s to save more than $1B through 2014, reports the Associated Press. At its annual shareholder meeting, CEO Gary Kelly said those deliveries will be pushed back to 2017 and 2018. Kelly also said the company won't be getting into the petroleum business anytime soon. . Reference Link :theflyonthewall.com

May 16, 2012
16:20 EDTMDRX
theflyonthewall.com: Allscripts names two independent directors to board
Allscripts Healthcare (MDRX) announced that its board has appointed Paul Black, former COO of Cerner, and The Hon. Robert J. Cindrich, former Senior Vice President and Chief Legal Officer for the University of Pittsburgh Medical Center, as directors, effective immediately. :theflyonthewall.com
16:16 EDTHLF
theflyonthewall.com: Herbalife continues higher, up 4% to $51.36 in after-hours

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16:08 EDTHLF
theflyonthewall.com: Herbalife moves up 2% after Einhorn does not mention at conference

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15:52 EDTMDRX
theflyonthewall.com: HealthCor seeks resignation of Allscripts CEO Tullman
On May 15, HealthCor sent the Board a letter in response to Chookaszian’s letter dated May 7. In its letter, HealthCor again reviewed the recent disappointing financial performance of the Issuer and reiterated its request that the Board ask Tullman to resign and the company consider all strategic alternatives available to maximize stockholder value, up to and including a sale of the business. HealthCor also voiced its concern with the significant amount of time Tullman spends on non-Issuer related ventures and the likely distraction from Issuer duties caused by this expenditure of time. HealthCor also questioned Tullman’s compensation package, under which he was paid materially more than his direct competitors who had overseen an increase in shareholder value as opposed to a loss of shareholder value. :theflyonthewall.com
15:34 EDTMDRX
theflyonthewall.com: HealthCor urges Allscripts Board to allow window for nominees
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15:31 EDTMDRX
theflyonthewall.com: HealthCor may nominate candidates to Allscripts' Board

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15:30 EDTMDRX
theflyonthewall.com: HealthCor urges Allscripts Board to kill poison pill
HealthCor criticized the Board’s adoption of the 10% poison pill and argued that adopting the poison pill without shareholder approval and without putting it to a stockholder vote at the upcoming annual meeting is further proof of the Board’s blatant disregard for stockholder rights and concerns. HealthCor further argued that setting the pill threshold at a low 10%, rather than the more standard 20% level recommended by Institutional Shareholder Services, Inc., is clearly intended to prevent stockholders who might be critical of the Board and the CEO from acquiring a significant position, rather than the Issuer’s mere purported justification of protecting shareholders from "unfair or coercive takeover attempts." HealthCor urged the Board to take all action necessary to terminate the poison pill as soon as possible. :theflyonthewall.com
15:28 EDTMDRX
theflyonthewall.com: HealthCor urges Allscripts to waive bylaws advance notice
HealthCor requested that the Board waive the advance notice provision of the Issuer’s bylaws, pursuant to which notice of stockholder nominations for directors at the Issuer’s upcoming 2012 annual meeting were to be received by January 20. HealthCor argued that a waiver of the advance notice provision is appropriate because the departure of four of the Issuer’s nine directors following their disagreement regarding the leadership of the Issuer without question constituted a material and dramatic change to the balance of governance of the Issuer that could not have been anticipated by its stockholders prior to the Notice Deadline. HealthCor further argued that the apparent likelihood of the 2012 Annual Meeting being significantly delayed beyond the anniversary of the Issuer’s 2011 annual meeting is another reason that the Issuer’s arbitrary Notice Deadline should be waived. :theflyonthewall.com
15:24 EDTMDRX
theflyonthewall.com: HealthCor Management reports 5.5% stake in Allscripts
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12:09 EDTHLF
theflyonthewall.com: Herbalife puts active on Einhorn speculation

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11:28 EDTMDRX
theflyonthewall.com: NewPage NewPage

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10:36 EDTBA
theflyonthewall.com: House subcommittee recommends $5.3B boost to weapons funding, Defense News says

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09:15 EDTBA
theflyonthewall.com: BofA/Merrill's aerospace & defense analyst holds a conference call

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08:33 EDTTOL, PHM
theflyonthewall.com: Futures remain higher following economic reports

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08:31 EDTHOG
theflyonthewall.com: Harley-Davidson April U.S. retail sales up mid single digits, says UBS

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08:14 EDTBA
theflyonthewall.com: Boeing likely to return significant cash in 2013, says Wells Fargo

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08:00 EDTBA
theflyonthewall.com: Boeing Investor Day upbeat, says Cowen

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07:43 EDTHON
theflyonthewall.com: Oppenheimer to host a conference
7th Annual Industrials Conference is being held in New York on May 15-16 with webcasted company presentations to begin on May 16 at 8 am; not all company presentations may be webcasted. Webcast Link :theflyonthewall.com
07:21 EDTGG, AUY
theflyonthewall.com: Gold falls, enters bear market on Greece concerns, Bloomberg reports

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07:19 EDTBA
theflyonthewall.com: Senate votes to reauthorize Export-Import Bank, Washington Post reports

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07:03 EDTHLF
theflyonthewall.com: Herbalife option implied volatility elevated

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May 15, 2012
17:00 EDTBA
theflyonthewall.com: SAC Capital reports decreased stakes in Apple, Boeing, Dollar General

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11:13 EDTCVS
theflyonthewall.com: CVS Caremark to pay $5M in reimbursements in final settlement approved by FTC

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10:20 EDTBA
theflyonthewall.com: Boeing says 40%-50% cost drop from first 787 to 60th
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09:56 EDTBA
theflyonthewall.com: Boeing CFO says it's evaluating all parts of production process

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09:52 EDTBA
theflyonthewall.com: Boeing CEO says financing is tight, but doable
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09:49 EDTBA
theflyonthewall.com: Boeing says government is not providing a predictable environment for business

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09:43 EDTBA
theflyonthewall.com: Boeing CEO says it is on track to hit 10/month production rate for 787

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09:42 EDTBA
theflyonthewall.com: Boeing CEO says airline fundamentals generally intact and demand growing

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09:41 EDTBA
theflyonthewall.com: Senate reaches deal to consider Export-Import reauthorization, Poltico says
Democrats and Republicans reached a deal to allow a bill that would extend funding of the Export-Import Bank to come to the Senate floor today, according to Politico. However, the bill will need 60 votes to pass, the publication added. Boeing (BA) receives a significant amount of support from the bank. Reference Link :theflyonthewall.com
09:15 EDTTOL, PHM
theflyonthewall.com: Home Depot see FY growth driven by broad GDP growth rather than housing recovery

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09:13 EDTBA
theflyonthewall.com: Boeing says will aggressively manage financial strength

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09:11 EDTBA
theflyonthewall.com: Boeing sees 30% commercial airplane production rate increase from 2012-2014

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09:08 EDTBA
theflyonthewall.com: Boeing says taking disciplined approach to cash generation, deployment

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09:06 EDTBA
theflyonthewall.com: Boeing sees FY12 EPS $4.14-$4.35, consensus $4.58
Sees FY12 revenue $78B-$80B, consensus $79.51B. Sees FY operating cash flow >$5B. Sees FY12 commercial deliveries 585-600. Comments from slides that will be presented at The Boeing Company 2012 Annual Investor Conference. :theflyonthewall.com
07:26 EDTTOL
theflyonthewall.com: JP Morgan to host a conference

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07:21 EDTGG
theflyonthewall.com: BofA/Merrill to host a conference

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06:27 EDTHLF
theflyonthewall.com: Herbalife May put volatility elevated at 189, June at 91

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06:25 EDTBA
theflyonthewall.com: Alestis forced to slow production due to Europe's financial crisis, WSJ reports
Europe's financial crisis has forced Alestis Aerospace, a manufacturer of critical aircraft components for Boeing (BA), Airbus (EADSY) and Embraer (ERJ), to slow its production, which poses a risk to some of the world's biggest jetliner programs, reports the Wall Street Journal. Reference Link :theflyonthewall.com
05:03 EDTMDRX
theflyonthewall.com: Jim Cramer's "Mad Money"

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May 14, 2012
12:33 EDTBA
theflyonthewall.com: Pendrell subsidiary notified petition for appeal in Boeing ruling denied

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12:07 EDTBA
theflyonthewall.com: U.S. special ops looking to build worldwide network, Defense News reports

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10:24 EDTTOL, PHM
theflyonthewall.com: On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Arch Coal (ACI) upgraded to Buy from Neutral at UBS... Ares Capital (ARCC) upgraded to Equal Weight from Underweight at Barclays... Career Education (CECO) upgraded to Market Perform from Underperform at BMO Capital... Citi Trends (CTRN) upgraded to Outperform from Market Perform at Wells Fargo... Louisiana Pacific (LPX) upgraded to Outperform from Sector Perform at RBC Capital... McDermott (MDR) upgraded to Overweight from Neutral at JPMorgan... NetSuite (N) upgraded to Conviction Buy from Buy at Goldman... PDC Energy (PETD) upgraded to Buy from Hold at Canaccord... St. Jude Medical (STJ) upgraded to Buy from Neutral at Goldman... Teradata (TDC) upgraded to Overweight from Equal Weight at Barclays... Ultimate Software (ULTI) upgraded to Buy from Sell at Goldman... Vertex Pharmaceuticals (VRTX) upgraded to Overweight from Neutral at JPMorgan... Pulte Group (PHM) upgraded to Buy from Neutral at Guggenheim... Ryland Group (RYL) upgraded to Buy from Sell at Guggenheim... Toll Brothers (TOL) upgraded to Buy from Neutral at Guggenheim... NVIDIA (NVDA) upgraded to Average from Below Average at Cari. :theflyonthewall.com
07:37 EDTHOG
theflyonthewall.com: American Financial Services Association to host a conference
22nd AFSA Finance Industry Conference for Fixed Income Investors is being held in Boston on May 14-16. :theflyonthewall.com
07:35 EDTTOL
theflyonthewall.com: Toll Brothers upgraded to Buy from Neutral at Guggenheim

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07:34 EDTPHM
theflyonthewall.com: Pulte Group upgraded to Buy from Neutral at Guggenheim

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May 13, 2012
15:51 EDTHLF
theflyonthewall.com: Herbalife and Nu Skin could experience more pain, Barron's contends

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15:44 EDTBA
theflyonthewall.com: Embraer's near-term turbulence creates long-term opportunity, Barron's contends

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May 12, 2012
10:47 EDTHLF
theflyonthewall.com: Herbalife board conducts multiple stock transactions

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