New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 12, 2014
10:44 EDTPANW, NLNK, BIG, ZQK, JOSBOptions with decreasing implied volatility: NLNK JOSB BIG PANW ZQK
News For NLNK;JOSB;BIG;PANW;ZQK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 22, 2014
08:08 EDTNLNKNewLink Genetics, Merck awarded $30M contract for Ebola vaccine candidate
NewLink Genetics (NLNK) and Merck (MRK) announced that the Biomedical Advanced Research and Development Authority, or BARDA, of the United States Department of Health and Human Services, or HHS, has awarded NewLink Genetics' wholly-owned subsidiary, BioProtection Systems, as the prime contractor in a $30 million contract to support the manufacturing and development activities of its investigational rVSV-EBOV vaccine candidate, including clinical development through a new 330-person Phase Ib study. Pending the results of Phase I trials underway, the U.S. National Institutes of Health has announced plans to initiate, in early 2015, a large randomized, controlled Phase II/III study to evaluate the safety and efficacy of this and another investigational Ebola vaccine candidate.
06:44 EDTPANWPalo Alto price target raised to $150 from $130 at Piper Jaffray
Subscribe for More Information
December 18, 2014
10:19 EDTPANWSony hack fallout highlights value of IT security spending, analyst says
The hacking of Sony's (SNE) Sony Pictures unit shows that spending more on IT security is worthwhile for companies, Wells Fargo analyst Gray Powell wrote in a note to investors today. WHAT'S NEW: Sony has decided not release the film "The Interview" as planned on December 25, due several theater chains' plans to not show the movie amid threats, CNBC reported. The New York Times said American intelligence officials have determined that the North Korean government was “centrally involved” in the cyber attacks on Sony Pictures. Sony's experience shows that being hacked is much more costly than spending on IT security, Powell stated. After being hacked, Sony has had to cancel the release of its film "The Interview," which it spent $ 42M to make, and it will have to spend more money on fixing the security breach and defending itself against lawsuits triggered by the incident, the analyst stated. Additionally, the company's brand has been damaged, Powell believes. By contrast, Sony spends just $20M per year on IT security, the analyst roughly estimated. Incidents like the hacking of Sony will cause companies to spend a higher percentage of their budgets on IT security next year, according to Powell. He kept Outperform ratings on IT security companies Check Point (CHKP), FireEye (FEYE), Fortinet (FTNT), Palo Alto (PANW), and Proofpoint (PFPT). WHAT'S NOTABLE: Analysts at B. Riley said IMAX (IMAX) and RealD (RLD) could benefit from Sony's cancellation of "The Interview" due to the demand shift towards their respective film slates. The analyst believes both IMAX and RealD could generate an incremental 1c in EPS during the period. PRICE ACTION: In early trading, FireEye jumped 5% to $30, Palo Alto advanced 3.2% to $123.87, Proofpoint gained 2% to $47.87 and Check Point climbed 1.4% to $78.16.
December 17, 2014
09:31 EDTBIGBig Lots upgraded to Buy from Neutral at Northcoast
Subscribe for More Information
December 16, 2014
08:44 EDTZQKQuiksilver shares becoming more attractive, says Roth Capital
Subscribe for More Information
December 11, 2014
16:13 EDTZQKQuiksilver sees Q1 revenue $340M, consensus $384M
Subscribe for More Information
16:12 EDTZQKQuiksilver sees FY15 revenues $1.48B-$1.55B, consensus $1.62B
Sees FY15 gross margins 49.5%-51%, pro-forma Adjusted EBITDA $80M-$90M, and capital expenditures to be below $25M.
16:08 EDTZQKQuiksilver reports Q4 EPS (29c), consensus (11c)
Subscribe for More Information
15:13 EDTZQKNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Adobe Systems (ADBE), consensus 30c; Quiksilver (ZQK), consensus (11c); Nordson (NDSN), consensus $1.13; Dominion Diamond (DDC), consensus 27c.
12:02 EDTPANWPalo Alto to host special shareholder meeting
Subscribe for More Information
10:51 EDTPANWPalo Alto management to meet with Piper Jaffray
Subscribe for More Information
09:16 EDTNLNKOn The Fly: Pre-market Movers
Subscribe for More Information
08:27 EDTNLNKNewLink Genetics falls after Ebola vaccine trial suspended
Shares of NewLink Genetics (NLNK) are falling in pre-market trading after a clinical trial of the Ebola vaccine being developed by the company and partner Merck (MRK) was temporarily suspended as a precautionary measure after four patients complained of joint pains in their hands and feet, the University of Geneva Hospital said. The trials are scheduled to resume next month in up to 15 volunteers after checks to make sure that the joint pain symptoms were benign and temporary, the hospital added. Shares of NewLink are down 6.5% to $34.50 in early morning trading following the news, while Merck shares are indicated to open fractionally higher.
December 10, 2014
08:16 EDTPANWBarclays to hold a conference
Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 10 at 10:40 am; not all company presentations may be webcasted.Webcast Link
08:12 EDTPANWIT security outlook remains positive, says Pacific Crest
Subscribe for More Information
December 8, 2014
08:26 EDTBIGBig Lots sell-off unwarranted at FBR Capital
Subscribe for More Information

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