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Stock Market & Financial Investment News

News For OMX;TSLA;CROX;ANF;SPPI From The Last 14 Days
Check below for free stories on OMX;TSLA;CROX;ANF;SPPI the last two weeks.
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May 13, 2013
09:23 EDTTSLATesla shares active and at new life high, levels to watch
The shares continue to power higher, up over 6% at time of writing to $81.60. Shares have traded in a wide range in the pre-market from $75.50 at the low, to $82.48 at the high. The pre-market high will be initial resistance in the regular session. Support appeared to be somewhat established at the $80.50 area, just below the prior life high at $81. Given price volatility in the shares, support or resistance could be easily broken.
06:14 EDTTSLATesla implied volatility at upper end of index mean range
May 10, 2013
14:52 EDTTSLAMarket poised to end week higher as tech helps lead advance
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10:57 EDTTSLATesla Motors May 77 weekly straddle priced for 13% move into today’s expiration
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09:58 EDTTSLATesla Motors May volatility increases, shares at fresh record high
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09:52 EDTTSLATesla up 8.7% to $75.46 in early trading
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06:48 EDTTSLATesla implied volatility at upper end of index mean range
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May 9, 2013
16:47 EDTTSLAOn The Fly: Closing Wrap
Stocks on Wall Street were lower, breaking the recent streak of the Dow and S&P 500 setting new closing highs. The averages moved higher during the afternoon, as the dollar topped the Y100 level for the first time in three years, though the averages fell again and failed to regain positive territory into the close. ECONOMIC EVENTS: In the U.S., jobless claims fell 4K from the prior week to 323K, which was below the consensus 335K claim forecast. Wholesale inventories rose 0.4% in March, which matched expectations. In Asia, Chinese consumer prices increased 2.4% in April, which was just above expectations, and producer prices fell 2.6%, which was more than expected. Also, the Bank of Korea unexpectedly cut its interest rate. COMPANY NEWS: Two heavily shorted stocks, Tesla (TSLA) and Green Mountain Coffee Roasters (GMCR), surged after reporting quarterly earnings after yesterday's close. Tesla added $13.61, or 24.4%, to $xx 69.40 after its top and bottom line results beat Street estimates and it raised its full-year vehicle delivery outlook to 21,000 from 20,000 vehicles. Green Mountain shares gained $16.56, or 27.84%, to $76.04 after the company's earning came in better than expected and it announced a long-term strategic partnership with Starbucks. MAJOR MOVERS: Among the notable gainers was Barnes & Noble (BKS), up $4.31, or 24.25%, to $22.08 after a report saying Microsoft (MSFT) is considering acquiring the digital assets of Nook Media. Also higher was News Corp. (NWSA), up $1.43, or 4.49%, to $33.29 after its third quarter earnings were in-line and its revenues topped consensus estimates. Among the noteworthy losers Rackspace (RAX), down $12.88, or 24.66%, to $39.36 after its second quarter revenue missed Street estimates and its stock received downgrades from at least four analyst firms. Also lower following its quarterly report was Monster Beverage (MNST), which fell $2.96, or 5.2%, to $54.01. INDICES: The Dow was down 22.50, or 0.15%, to 15,082.62; the Nasdaq was down 4.10, or 0.12%, to 3,409.17; and the S&P 500 was down 6.02, or 0.37%, to 1,626.67.
14:30 EDTTSLAOptions Update; May 9, 2013
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12:35 EDTTSLAOn The Fly: Midday Wrap
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11:32 EDTTSLATesla Motors May volatility stays elevated after sharp rally
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10:08 EDTTSLAOn The Fly: Analyst Downgrade Summary
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09:38 EDTTSLAActive equity option families trading
Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD.
09:36 EDTTSLATesla valuation doesn't reflect execution risk, says Pacific Crest
After Tesla reported stronger than expected results, Pacific Crest believes that the company's execution will have to be "superb" over the longer term to justify the stock's current valuation. The firm keeps a Sector Perform rating on the shares.
09:33 EDTTSLATesla gaps up sharply following results, squeeze continues
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09:19 EDTTSLAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference.
09:00 EDTTSLATesla rises 22.5%
Tesla is up 22.5%, or $12.57, to $68.35
08:34 EDTTSLATesla price target raised to $70 from $68 at Jefferies
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07:11 EDTTSLATesla price target raised to $72 from $65 at Barclays
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07:09 EDTSPPISpectrum reports Q1 EPS (5c), consensus (16c)
Reports Q1 revenue $38.7M, consensus $36.42M. Says pivotal data in relapsed/refractory peripheral T-cell lymphoma from late-stage drug Belinostat to be presented as an oral presentation at ASCO 2013; the company expects to submit an NDA this summer. Company expects enrollment in the Captisol-enabled melphalan study in multiple myeloma to be completed in 2013, with NDA submission in 2014.
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