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Stock Market & Financial Investment News

News Breaks
August 4, 2014
18:37 EDTAHC, CAR, OESX, AIG, GTAT, SALE, CHGG, NLSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Nautilus (NLS), up 12.8%; GT Advanced (GTAT), up 11.5% after reporting second quarter results, narrowing fiscal 2014 guidance, and backs fiscal 2016 EPS target, as well as reporting that the build-out of the company's Arizona facility is nearly complete... Avis Budget (CAR), up 3.7%... Chegg (CHGG), up 4.4% after reporting quarterly results and that it formed a strategic alliance with Ingram Content Group... American International Group (AIG), up 2.3% after reporting second quarter results and an additional $2B share repurchase authorization... ALSO HIGHER: A. H. Belo (AHC), up 4.7% after Bloomberg reported that Gannett (GCI) is agreeing to acquire the remaining 73% stake in Cars.com... DOWN AFTER EARNINGS: RetailMeNot (SALE), down 21.7% after reporting second quarter results below analyst estimates... Orion Energy Systems (OESX), down 6%.
News For NLS;GTAT;CAR;CHGG;AIG;AHC;SALE;OESX From The Last 14 Days
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August 28, 2015
06:10 EDTAIGAIG unit seeks $1.76B in damages from Coventry First, Reuters reports
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August 27, 2015
16:24 EDTNLSNautilus provides update on $15M share repurchase program
Nautilus provided an update on its previously announced $15M share repurchase program authorized in November, 2014. Nautilus has repurchased $6.6M of common stock under the program during Q3 to date at an average price of $16.98 per share. Total repurchases under the program from inception through August 27 are $8.6M at an average price of $16.45.
16:24 EDTNLSNautilus updates royalty revenue resumption
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16:23 EDTNLSNautilus provides update on $15M share repurchase program
Nautilus provided an update on its previously announced $15M share repurchase program authorized in November, 2014. Nautilus has repurchased $6.6M of common stock under the program during Q3 to date at an average price of $16.98 per share. Total repurchases under the program from inception through August 27 are $8.6M at an average price of $16.45.
August 26, 2015
07:51 EDTOESXThree Part Advisors to hold a conference
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August 25, 2015
16:26 EDTCARZipcar acquires fleet management firm Local Motion
According to a message posted on the Local Motion website, Avis Budget's Zipcar has acquired the fleet management startup. "Zipcar and Local Motion have a lot in common. We share a commitment to provide an exceptional experience for our users and we see car sharing as the future of mobility," reads the Local Motion website. Terms of the transaction were not disclosed. Reference Link
August 18, 2015
16:13 EDTAIGAIG to exit stake in AerCap
August 17, 2015
13:11 EDTSALEAlibaba unlikely to make competing offer for zulily, say Baird
zulily (ZU) shareholder Alibaba (BABA) is unlikely to make a competing takeover bid for the online retailer, Baird analyst Colin Sebastian tells investors in a research note. Alibaba, which upped its stake in zulily to 9% in May, likely views the company as an investment rather than a vehicle to enter the U.S. market, Sebastian argues. This morning, Liberty Interactive (QVCA) announced it had reached an agreement to acquire zulily for $18.75 per share or $2.4B. The analyst sees strategic benefits from the deal. Increased takeover activity in the small-cap internet space could support the valuations of the remaining independents, including ChannelAdvisor (ECOM), Yelp (YELP), Groupon (GRPN), Angie's List (ANGI) and RetailMeNot (SALE), Sebastian writes. Shares of zulily are soaring 47% to $18.50 following the takeover agreement.

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