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Stock Market & Financial Investment News

News Breaks
February 22, 2013
14:40 EDTHPQ, ODP, PAY, SPLS, OMXMarket poised to end week lower amid QE worries
Stocks are set to end the week slightly lower after the minutes of the Fed's Open Market Committee indicated that the central bank could look to slow its asset purchases in the foreseeable future... MACRO NEWS: The minutes from the committee's last meeting noted that several committee members favored adjusting the central bank's asset purchases in response to the economy's outlook. Other members warned that continued asset purchases could damage the economy... Also dragging down stocks was data from Europe. A euro zone purchasing managers' index for February fell compared with January. Economists had expected the index to increase... In the U.S., members of Congress did not appear to make progress toward averting the automatic government spending cuts set to go into effect on March 1... COMPANY NEWS: Office Depot (ODP) and Office Max (OMX) announced that they had agreed to merge. Some analysts believe that Staples (SPLS) will benefit from the merger... VeriFone (PAY) pre-announced much weaker than expected results and its stock plunged... On a more positive note, Hewlett-Packard's (HPQ) results beat expectations and its stock rallied.
News For ODP;OMX;PAY;HPQ;SPLS From The Last 14 Days
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May 24, 2013
16:00 EDTHPQOptions Update; May 24, 2013
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14:07 EDTHPQMarket poised to end week lower following Fed, China data
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11:58 EDTHPQOptions with decreasing implied volatility: ARNA ANF QIHU HPQ
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08:11 EDTHPQHewlett-Packard names Jim Murrin treasurer
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May 23, 2013
16:23 EDTHPQOn The Fly: Closing Wrap
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16:00 EDTHPQOptions Update; May 23, 2013
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12:38 EDTHPQOn The Fly: Midday Wrap
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10:11 EDTHPQHewlett-Packard gaps up and rises sharply after results
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10:08 EDTPAY, HPQOn The Fly: Analyst Upgrade Summary
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09:37 EDTHPQActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ
09:21 EDTHPQHP must diversify product options, Meg Whitman says
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09:21 EDTHPQHewlett-Packard CEO: Still believe keeping HP together is 'right thing to do'
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09:11 EDTHPQHewlett-Packard had a solid quarter but remain cautious, says Goldman
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09:00 EDTHPQHewlett-Packard rises 10.6%
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07:54 EDTHPQHewlett-Packard strength a selling opportunity, says Topeka
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07:17 EDTHPQHewlett-Packard guidance looks conservative, says Bernstein
After HP reported lower than expected Q2 revenue but higher than expected EPS, Bernstein thinks the company's EPS guidance looks conservative. The firm expects the company to either improve its business or break itself up. It keeps an Outperform rating on the shares.
06:25 EDTPAYVeriFone upgraded to Buy from Neutral at SunTrust
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05:52 EDTHPQHewlett-Packard upgraded to Hold from Underperform at Jefferies
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05:48 EDTHPQProxy advisers see their power diminish, WSJ reports
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May 22, 2013
18:52 EDTHPQOn The Fly: After Hours Movers
UP AFTER EARNINGS: Hewlett-Packard (HPQ), up 13.4% after reporting second quarter earnings that beat expectations and guiding third quarter and full-year earnings above estimates... Pacific Sunwear (PSUN), up 14.3%. ALSO HIGHER: Merck (MRK), up 0.2% after an FDA advisory panel voted 13-3 in support of the safety of initial doses of its insomnia drug suvorexant. DOWN AFTER EARNINGS: DryShips (DRYS), down 4.7%. ALSO LOWER: Apricus Biosciences (APRI), down 11.5% after filing to sell an ungiven amount of stock... NCI Building Systems (NCS) after being replaced by Cynosure (CYNO) in the S&P 600 as of May 31.
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