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Stock Market & Financial Investment News

News Breaks
January 18, 2013
10:49 EDTAVEO, ODP, RAD, AMAT, NAVBHigh option volume stocks; ODP, NAVB, RAD, AVEO, AMAT
News For ODP;NAVB;RAD;AVEO;AMAT From The Last 14 Days
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June 19, 2013
09:38 EDTAMATActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL AMAT FDX MA C GOOG DISH AMRN MRK BIDU
June 18, 2013
08:30 EDTRADRite Aid discloses receipt of additional DEA subpoenas in April
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07:19 EDTODPEyefortransport to hold a summit
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June 14, 2013
09:15 EDTODPStarboard files complaint asking Office Depot to hold meeting
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06:02 EDTODPStarboard Value sues Office Depot for no annual meeting, Reuters reports
Starboard Value LP, a major Office Depot investor, is suing the company for failing to hold an annual shareholder meeting to elect directors, an unusual step just before a merger, reports Reuters. Reference Link
June 12, 2013
11:23 EDTAMATApplied Materials rises after upgrade, levels to watch
Citigroup earlier upgraded the stock to Buy, with a $20 price target. The firm cited a belief that the company will benefit from increased foundry adoption of FinFET products. At the current price of $15.78, next big resistance is at $16.50. Support is at $15.40, the session low so far.
10:14 EDTAMATOn the Fly: Upgrade Summary
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09:03 EDTNAVBNavidea's Lymphoseek shows positive meta-analysis results
Navidea announced results from a meta-analysis study of Lymphoseek (technetium Tc 99m tilmanocept) Injection, a novel, receptor-targeted, small-molecule radiopharmaceutical. The study compared Lymphoseek performance data from a pre-planned interim analysis of its Phase 3 clinical trial versus published data from the ACOSOG Z-0360 trial which was done using radiolabeled sulfur colloid. Results demonstrated that Lymphoseek identified sentinel lymph nodes in subjects with squamous cell carcinoma of the head or neck with a False Negative Rate of 2.56%, whereas sulfur colloid demonstrated an FNR of 10%. Lymphoseek identified SLNs with an overall accuracy of 99%, versus an overall accuracy of sulfur colloid of 97%.
07:08 EDTRADDrugstores ready access changes to Plan B pill, WSJ reports
Drugstores (CVS, RAD, WAG) are preparing to change how they stock and sell a widely used emergency contraceptive after the Obama administration agreed to allow the pill to be sold over the counter to customers of all ages. Sold primarily under the brand name Plan B (TEVA, ACT, PRGO), the pill is currently stocked behind pharmacy counters, reports the Wall Street Journal.Reference Link
06:16 EDTAMATApplied Materials upgraded to Buy from Neutral at Citigroup
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06:05 EDTRADOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The tectonic plates of the world economy are shifting, moving the yield on the 10-year Treasury to the highest level in more than a year and shaking financial markets. Now, some constants are being questioned in markets, triggering paroxysms in stocks, bonds, commodities and the currencies of emerging markets, the Wall Street Journal reports...Drugstores (CVS, RAD, WAG) are preparing to change how they stock and sell a widely used emergency contraceptive after the Obama administration agreed to allow the pill to be sold over the counter to customers of all ages. Sold primarily under the brand name Plan B (TEVA, ACT, PRGO), the pill is currently stocked behind pharmacy counters, the Wall Street Journal reports...REUTERS: If currency turbulence in emerging markets becomes a full-scale investor flight, the Fed may have a new headache in deciding when to slow its dollar printing policy. The link between U.S. monetary policy and currency runs on the other side of the world could be tighter than many assume, Reuters reports...Toyota Motor (TM) said it’s unlikely to recapture its peak market share it held four years ago in the U.S. (GM, F), its biggest market, the latest sign the carmaker is shifting to improving quality from aggressively expanding sales, Reuters reports...BLOOMBERG: Exchange executives (NYX, NDAQ), long shielded from legal scrutiny in the U.S., have been put on notice that may be changing after federal regulators fined CBOE Holdings (CBOE) $6M for unprecedented lapses in supervision, Bloomberg reports...Borealis Infrastructure Management and its Kuwaiti-British partners abandoned their $8.3B bid for the U.K. water utility Severn Trent (SVTRY) as the offer deadline expired, Bloomberg reports.
June 11, 2013
09:03 EDTNAVBNavidea announces positive results from study of Lymphoseek Injection
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08:07 EDTODPOfficeMax and Office Depot hires Korn/Ferry for CEO search
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08:03 EDTODPOfficeMax and Office Depot select Korn/Ferry to assist CEO selection
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June 10, 2013
16:19 EDTNAVBNavidea announces results from two breast cancer studies
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08:10 EDTODPOffice Depot sets July 10 as date for meeting on OfficeMax proposed merger
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06:41 EDTAVEOAveo Pharmaceuticals to host conference call
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06:30 EDTAVEOAveo Pharmaceuticals announces complete response letter received for tivozanib
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June 7, 2013
09:13 EDTRADRite Aid sees FY14 EPS 4c-19c, consensus 14c
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09:10 EDTRADRite Aid sees Q1 EPS 8c-9c, consensus 4c
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