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Stock Market & Financial Investment News

News Breaks
May 11, 2012
12:05 EDTNVDA, NTAPStocks with call strike movement; NTAP NVDA
NetApp (NTAP) September 38 call volatility increased 5%, NVIDIA (NVDA) June 13 call volatility decreased 18% according to iVolatility.
News For NVDA;NTAP From The Last 14 Days
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May 23, 2013
10:08 EDTNVDAOn The Fly: Analyst Initiation Summary
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07:50 EDTNVDANVIDIA initiated with a Hold at Topeka
Target $15.
May 22, 2013
12:08 EDTNTAPOptions with decreasing implied volatility: ARNA SGMO NTAP CBST GDI
08:59 EDTNTAPOn The Fly: Pre-market Movers
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08:25 EDTNTAPNetApp price target raised to $48 from $40 at Deutsche Bank
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07:22 EDTNTAPFusion-io may be in play after valuation decline, Bloomberg reports
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07:06 EDTNTAPNetApp price target raised to $45 from $39 at Piper Jaffray
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07:04 EDTNTAPNetApp product growth remains lackluster, says William Blair
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May 21, 2013
18:56 EDTNTAPOn The Fly: After Hours Movers
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17:01 EDTNTAPElliott sees NetApp buyback, dividend as 'positive steps,' Bloomberg reports
Elliott Management sees NetApp buyback, dividend as 'positive steps,' Bloomberg reports.
16:41 EDTNTAPNetApp reducing workforce by 900, expects $50M-$60M charge
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16:39 EDTNTAPNetApp increases current repurchase program by additional $1.6B
The company is increasing its current stock repurchase program, of which $1.4B billion remains outstanding, by an additional $1.6B. The company plans to complete the aggregate $3B program over the next 3 years. NetApp intends $2B of repurchases to be completed within the next 12 months, of which $1B is planned to be completed during the next 4 months. Under its stock repurchase program, NetApp can purchase shares of its outstanding common stock through open market and privately negotiated transactions at prices deemed appropriate by management.
16:35 EDTNTAPNetApp initiates quarterly cash dividend of 15c per share
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16:11 EDTNTAPNetApp rises moderately after results, levels to watch
The shares are up over 2.6% to $37.60 in the extended session after the company's earnings report. The reported quarter beat, but coming quarter EPS was knocked down below consensus. At the current price, next resistance is at $37.84 and then at $39.15, the most recent pivot high. Support is at $37.05.
16:05 EDTNTAPNetApp sees Q1 EPS 45c-50c, consensus 53c
Sees Q1 revenue $1.475B-$1.575B, consensus $1.6B
16:03 EDTNTAPNetApp reports Q4 EPS 69c, consensus 68c
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15:18 EDTNTAPNotable companies reporting after market close
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15:06 EDTNTAPNetApp May 37 weekly straddle priced for 6.2% move into Q4
14:12 EDTNVDANVIDIA announces PhysX support for Microsoft Xbox One
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06:20 EDTNVDANVIDIA implied volatility at lower end of index mean range
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