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Stock Market & Financial Investment News

News For RAD;VVUS;NYX;FOLD;CAG;ORCL;MDRX;DFS;JBL;ELOQ;ICE;BBBY From The Last 14 Days
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February 4, 2016
07:33 EDTICEIntercontinentalExchange sees Q1 adjusted operating expenses $490M-$500M
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07:32 EDTICEIntercontinentalExchange reports Q4 adjusted EPS $3.27, consensus $3.01
Q4 consolidated revenues, less transaction-based expenses, increased 9% to $875M compared to the same period in 2014. Included in this amount are $470M of transaction and clearing revenues, less transaction-based expenses. Consensus is $866.77M.
February 3, 2016
14:48 EDTICENotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Philip Morris (PM), consensus 81c... AstraZeneca (AZN), consensus 88c... Occidental Petroleum (OXY), consensus (12c)... ConocoPhillips (COP), consensus (65c)... Cigna (CI), consensus $1.80... Intercontinental Exchange (ICE), consensus $3.01... Boston Scientific (BSX), consensus 25c... Charter Communications (CHTR), consensus (12c)... Ralph Lauren (RL), consensus $2.13... Dunkin' Brands (DNKN), consensus 50c... GrubHub (GRUB), consensus 14c... Level 3 (LVLT), consensus 53c... AmerisourceBergen (ABC), consensus $1.25... Cummins (CMI), consensus $2.11.
14:13 EDTRADRite Aid to host special shareholder meeting
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11:03 EDTRADOptions with increasing implied volatility: LC RAD CIEN ADSK BWLD
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08:34 EDTICEICE reports January futures volume up 15%
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February 2, 2016
10:39 EDTRADOptions with increasing implied volatility: LC RAD CIEN
09:56 EDTRADRite Aid's RediClinic, Aria Health announce alliance
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08:08 EDTMDRXAllscripts appoints Melinda Whittington as CFO
Allscripts Healthcare (MDRX) announced Melinda Whittington has joined the company as SVP - Finance and will become the CFO of the company effective on the first business day after the company files its annual report on Form 10-K for the FY15 by March 1. Whittington most recently served as SVP, Corporate Controller and Chief Accounting Officer of Kraft Heinz (KHC).
05:41 EDTORCLStocks with implied volatility movement; ORCL COP
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February 1, 2016
16:09 EDTCAGConAgra sees $1.6B tax asset from sale of private label operations to TreeHouse
ConAgra Foods announced the completion of the sale of its private label operations to TreeHouse Foods for proceeds of $2.7B in cash, excluding transaction-related expenses and subject to post-closing adjustments. A total of approximately 9,500 employees transitioned to TreeHouse Foods, including plant employees and those supporting the private label business located at the St. Louis, Mo., Downers Grove, Ill., and Omaha, Neb., office locations. Certain private label operations with a strong connection to ConAgra Foods' existing Consumer Foods business were not part of the sale, specifically canned pasta, cooking spray, peanut butter, pudding/gels, Gelit frozen pasta product offerings, as well as the HK Anderson and Kangaroo brand equities, trademarks and business portfolios. Results for these operations, which were not material, were moved to the Consumer Foods reporting segment in Q1. ConAgra Foods generated approximately $2.7B in cash proceeds from the sale, less transaction expenses, and intends to utilize the net proceeds primarily for debt reduction. The company expects the transaction to result in a tax asset of approximately $1.6B, which can be used to offset potential future capital gains over the next five years.
10:25 EDTRADWilliaOptions with increasing implied volatility: WMB ENDP RAD
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January 29, 2016
10:16 EDTRADOptions with increasing implied volatility: WMB W CERS RAD CRM GILD MNST
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07:31 EDTDFSBank, financial stocks look cheap, says Oppenheimer
After an index of bank stocks fell 19% since last summer, versus an 8% decline for the S&P, Oppenheimer says that "the group looks cheap." The firm says that banks' balance sheets will remain strong whether the economy is resilient or enters a downturn. The firm says that the banks' Q4 results were stable, and it expects the group to benefit from steady loan growth and slightly rising NIMs in 2016. Oppenheimer continues to recommend Bank of America (BAC), Citi (C), Goldman Sachs (GS), Discover (DFS), and Fifth Third (FITB)
January 28, 2016
12:20 EDTDFSOn The Fly: Top stock stories at midday
Stocks on Wall Street have moved all over the place in a wild morning of trading. The averages opened sharply higher as oil prices rose above $34 a barrel. The Dow opened with triple digit gains but following reports from Iraq that it would increase oil production, and refutations of rumors that OPEC might cut production, the commodity began to weaken, taking equities with it. The averages turned negative and it looked like another rout might be in the making. Before the market fell too far, it gathered itself and moved back into positive ground and the major averages are now in the green, but not far from where they ended yesterday's session. ECONOMIC EVENTS: In the U.S., initial jobless claims fell to 278,000 last week, versus the expected 281,000 first-time claims. Durable goods orders dropped 5.1% in December, versus expectations for a decrease of 0.7%. The core reading, which removes transportation items, was down 1.2%, versus expectations for a decline of 0.1%. The National Association of Realtors' pending home sales index for December rose 0.1%, versus expectations for it to be up 0.9%. COMPANY NEWS: Shares of Facebook (FB) surged 14.5% after the social media giant's fourth quarter earnings and revenue beat expectations. Wall Street analysts were nearly unanimous in their praise following the report, with a number increasing their price targets for its shares... Caterpillar (CAT) reported better than expected quarterly earnings, excluding certain items, but its revenue came in below the consensus forecast and the heavy equipment maker warned that it does not anticipate an improvement in the world economy or commodity prices in 2016. The stock, which had declined almost 20% in the last three months prior to this morning's report, rebounded about 2% this morning after the company jumped over its lowered profit hurdle... Shares of eBay (EBAY) and PayPal (PYPL) diverged after the recently-split companies reported their respective fourth quarter results and gave guidance, with eBay falling 13% and PayPal rising 7% near midday... The Dow Jones US Healthcare ETF (IYH) fell over 2% at midday after a number of big-names in the space gave disappointing guidance. Celgene (CELG) fell 5% following its Q4 report and fiscal year outlook, while Abbott (ABT) dropped 8% in the wake of its own results and guidance. MAJOR MOVERS: Among the notable gainers was Kinder Morgan (KMI), which rallied 8.5% after it was upgraded at Credit Suisse and Stifel. Also higher were Under Armour (UA), Dolby (DLB) and Deluxe (DLX), which gained 18%, 11% and 9%, respectively, after reporting quarterly earnings. Among the noteworthy losers was OSI Systems (OSIS), which fell 35% and was downgraded to Hold at BB&T following downbeat quarterly earnings. Also lower were Qualcomm (QCOM) and Discover (DFS), which each dropped about 7% after their quarterly earnings reports. INDEXES: Near midday, the Dow was up 1.37, or 0.01%, to 15,945.83, the Nasdaq was up 21.12, or 0.47%, to 4,489.28, and the S&P 500 was up 3.36, or 0.18%, to 1,886.31.
10:32 EDTRADOptions with increasing implied volatility: RAD GMCR
08:37 EDTICENYSE outlines plans to strengthen equity market structure
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08:32 EDTRADRite Aid reports January SSS down 1.4%
For the four weeks ended Jan. 23, 2016, same store sales decreased 1.4% over the prior-year period. January front-end same store sales decreased 1.9%. Pharmacy same store sales, which included an approximate 242 basis points negative impact from new generic introductions, decreased 1.2%. Prescription count at comparable stores decreased 1% over the prior-year period. Total drugstore sales for the four-week period decreased 1.3% with sales of $2B compared to $2.026B for the same period last year. Prescription sales accounted for 70.5% of drugstore sales, and third party prescription sales represented 97.7% of pharmacy sales.
08:13 EDTDFSDiscover shares should be bought on weakness, says Stifel
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07:14 EDTDFSDiscover outlook still positive despite miss, says Wells Fargo
After Discover reported lower than expected EPS, Wells Fargo blamed the miss on higher credit costs. The firm still expects the company to have about 1.3 percentage points of positive operating leverage this year, along with 2.3% core revenue growth, and it keeps an Outperform rating on the shares.
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