New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 22, 2014
10:29 EDTVJET, DTV, WWE, SHLD, JCP, ITMN, IBN, QIWI, WUBA, NSROptions with decreasing implied volatility
Options with decreasing implied volatility: NSR ITMN WWE WUBA JCP DTV QIWI SHLD VJET IBN
News For NSR;ITMN;WWE;WUBA;JCP;DTV;QIWI;SHLD;VJET;IBN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 17, 2014
08:24 EDTSHLDSears 'strategic misdirection' highlighted by Mygofer failure, WSJ says
Subscribe for More Information
December 16, 2014
16:26 EDTQIWIOn The Fly: Closing Wrap
Stocks on Wall Street opened in negative territory following another tumble in the price of oil and Russian central bank intervention on the ruble. The continued decline in crude and the sudden rate hike in Russia led to an early sell-off, though the market soon pared its losses and the Dow eventually built a 200 point gain before noon. The swing of 300 points for the Dow was indicative of the day’s volatility. The market moved across the flat line again and in the end the sellers regained control and pushed the market to another loss. ECONOMIC EVENTS: In the U.S., housing starts fell 1.6% to a 1.028M rate in November, which was worse than the expected 3.1% increase. Building permits dropped 5.2% to a 1.035M rate in the month, which was also worse than the consensus forecast for a 2.5% drop. Markit's flash PMI for the U.S. dropped to 53.7 in December from 54.8 in November, which is an 11 month low and worse than the 55.2 reading that was forecast. In China, HSBC and Markit's preliminary manufacturing PMI fell to 49.5 in December from a final 50.0 reading in November. In Europe, Markit's composite PMI for the euro zone rose to 51.7, which was up from November's final reading of 51.1 and just above analyst forecasts for a reading of 51.5. Additionally, Russia's central bank raised its key interest rate to 17% from 10.5% in an effort to limit substantially increased ruble depreciation risks and inflation risks. COMPANY NEWS: Spain's Repsol (REPYY) announced plans to buy Talisman Energy (TLM) for $8 per share in cash, which was at the high end of the range reported recently by Financial Times. Talisman shares trading in New York surged $2.46, or 48.05%, to $7.58 following the deal announcement, while Repsol slipped 18c, or 0.93%, to $19.26. MAJOR MOVERS: The top nine gainers on the S&P 500 were all oil and gas exploration or services companies. After those came CVS Health (CVS), which gained $2.44, or 2.72%, to $92.31 after the company announced in conjunction with its analyst day meeting that it added $10B to its share repurchase plan, boosted its dividend 27%, affirmed its outlook for this fiscal year and pointed to growing earnings in its next fiscal year. Among the noteworthy losers was heavy truck maker Navistar (NAV), which fell $5.95, or 16.98%, to $29.10 after reporting losses for its just completed quarter. Also lower were shares of Russian companies listed in the U.S., including QIWI (QIWI), which dropped $2.81, or 13.06%, to $18.70 and Mobile TeleSystems (MBT), which slid 75c, or 10.84%, to $6.17. INDEXES: The Dow fell 111.97, or 0.65%, to 17,068.87, the Nasdaq dropped 57.32, or 1.24%, to 4,547.83, and the S&P 500 declined 16.89, or 0.85%, to 1,972.74.
12:26 EDTQIWIOn The Fly: Midday Wrap
Subscribe for More Information
10:16 EDTIBNHigh option volume stocks:
Subscribe for More Information
December 15, 2014
11:17 EDTSHLDSears to have about 1,700 Sears, Kmart stores in operation going into 2015
On a company blog post, Sears CEO Eddie Lampert said: "At our most recent Town Hall meeting with our associates, I explained that I want us to operate our stores both profitably and with excellence. Both, not just one or the other.This is the background behind our decision to close more than 200 Kmart and Sears stores in 2014. Most of these stores were losing money, some for a long time. Because of the impact on our dedicated associates and our Shop Your Way members, these decisions were not taken lightly, or without our working to improve the performance of these stores over many years. Going into 2015, we will have approximately 1,700 Sears and Kmart big box stores in operation, representing about 200 million square feet of space." Reference Link
10:44 EDTVJET3D Systems CEO says 3D printing to transition to production in '15, says UBS
UBS quotes 3D Systems (DDD) CEO Avi Reichental as saying that 3D printing will transition to producing from prototyping in 2015. He believes that 3D Systems' investments should begin to pay off in 2015, and make it the best company in the space. UBS keeps a Neutral rating on the shares but says that a short squeeze in the stock could occur if the company begins to report positive results. Other names in the space include Stratasys (SSYS), Voxeljet (VJET), and ExOne (XONE).
09:38 EDTJCPActive equity options trading
Subscribe for More Information
December 11, 2014
09:22 EDTWUBAAlibaba to buy $50M of Momo shares in IPO, 58.com to buy $10M
Subscribe for More Information
December 9, 2014
07:32 EDTWWEUBS to hold a conference
Subscribe for More Information
December 8, 2014
10:42 EDTDTVOptions with increasing implied volatility
Subscribe for More Information
10:00 EDTQIWIOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:42 EDTQIWIQIWI downgraded to Neutral from Buy at UBS
Subscribe for More Information
December 5, 2014
11:04 EDTJCPStocks with call strike movement; JCP UNG
Subscribe for More Information
08:57 EDTSHLDSears risk/reward remains quite negative, says Evercore ISI
Subscribe for More Information
06:01 EDTDTVTechNet: Combined AT&T/DirecTV will increase broadband development
Subscribe for More Information
05:55 EDTJCPStocks with implied volatility movement; UTX JCP
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