New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 27, 2014
16:27 EDTAMED, MNKD, NKE, DG, FINL, MTW, DDOn The Fly: Closing Wrap
Stocks on Wall Street were higher after a late day rise allowed all of the major averages to end the week on a high note. The averages began the session in negative territory but soon turned mixed. The Nasdaq was able to hold its head above water for most of the session while the Dow struggled for most of the day under the weight of DuPont (DD) shares, which were down more than 3% after the company lowered its guidance. ECONOMIC EVENTS: In the U.S., the final University of Michigan consumer sentiment index for June rose to 82.5, which beat the consensus expectation for a reading of 81.9. COMPANY NEWS: Shares of athletic apparel and footwear giant Nike (NKE) and sports shoe retailer Finish Line (FINL) climbed after both companies reported better than expected quarterly sales and profits. Dow member Nike rose 82c, or 1.07%, to $77.68, while Finish Line advanced 41c, or 1.41%, to $29.56... Another member of the Dow Jones Industrial Average, DuPont, moved in the opposite direction, falling $2.26, or 3.34%, to $65.44 after the industrial conglomerate cut its earnings outlook for its second quarter and its current fiscal year. MAJOR MOVERS: Among the notable gainers was Amedisys (AMED), which rose $4.01, or 29.81%, to $17.46 and was upgraded at CRT Capital after the company gave Q2 guidance. Also higher was Manitowoc (MTW), which gained $3.22, or 10.84%, to $32.93 and was upgraded to Hold at Jefferies after activist Relational Investors took an 8.5% stake in the company and urged for a spin-off of its food business. Among the noteworthy losers was discount retailer Dollar General (DG), which fell $4.49, or 7.28%, to $57.19 after Chief Executive Officer Rick Dreiling announced plans to retire. Also lower were shares of MannKind (MNKD), which dropped 58c, or 5.48%, to $10.00 after the FDA approved its Afrezza inhalation powder to treat diabetes but required the drug to have a Boxed Warning and required the company to conduct several post-marketing studies on the drug. INDEXES: The Dow was up 5.71, or 0.03%, to 16,851.84, the Nasdaq was up 18.88, or 0.43%, to 4,397.93, and the S&P 500 was up 3.74, or 0.19%, to 1,960.96.
News For NKE;DD;FINL;MNKD;MTW;DG;AMED From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
November 18, 2014
07:31 EDTNKESignet Jewelers names Daniel Shull as Chief Information Officer
Subscribe for More Information
05:42 EDTMTWManitowoc upgraded to Buy from Hold at Jefferies
Subscribe for More Information
November 17, 2014
09:00 EDTDGDollar General says now accepting American Express cards
Subscribe for More Information
08:44 EDTDDDuPont management to meet with UBS
Subscribe for More Information
November 16, 2014
19:26 EDTDDDuPont probed on Texas chemical plant accident that left four dead, WSJ says
Subscribe for More Information
November 14, 2014
18:05 EDTMTWRelational Investors gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: None. DECREASED STAKES: Mondelez (MDLZ), Manitowoc (MTW), Clean Harbors (CLH), and Hologic (HOLX). LIQUIDATED STAKES: Ingersoll-Rand (IR), B/E Aerospace (BEAV), Timken (TKR), Hess (HES), and NXP Semiconductors (NXPI).
10:00 EDTNKEOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:31 EDTNKENike downgraded to Neutral from Buy at Sterne Agee
Sterne Agee downgraded Nike to Neutral based on valuation.
November 13, 2014
17:00 EDTDDTrian Fund Management gives quarterly update on stakes
Subscribe for More Information
10:01 EDTMTWOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:57 EDTNKENike positioned to 'significantly increase' dividend, says Nomura
Subscribe for More Information
06:18 EDTMTWManitowoc initiated with a Neutral at Citigroup
Target $24.
November 12, 2014
07:04 EDTDGFamily Dollar reaffirms recommendation to merge with Dollar Tree
Subscribe for More Information
05:50 EDTMNKDStocks with implied volatility movement; MNKD XLF
Stocks with implied volatility movement; MannKind (MNKD) 65, Financial Select Sector (XLF) 15 according to iVolatility.
November 11, 2014
16:01 EDTMNKDOptions Update; November 11, 2014
Subscribe for More Information
07:49 EDTFINLBofA/Merrill retail and consumer analysts hold analyst/industry conference call
Subscribe for More Information
November 10, 2014
15:51 EDTDDMorgan Stanley to hold a conference
Subscribe for More Information
12:07 EDTDDUSDA lowers corn production forecast by 68M bushels
Subscribe for More Information
06:17 EDTNKENike price target raised to $107 from $93 at Citigroup
Subscribe for More Information
05:48 EDTFINLU.S. Retail Softlines industry cut to Negative at Barclays
Subscribe for More Information
1 | 2 | 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