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Stock Market & Financial Investment News

News Breaks
March 21, 2013
09:05 EDTITMN, GES, AZN, ORCL, ACAD, MOV, YHOO, SCHL, TUMI, PERY, CSCOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Perry Ellis (PERY), up 5.2%... Movado (MOV), up 2.4%... ALSO HIGHER: InterMune (ITMN), up 12.2% after health technology appraisal body in England and Wales recommends use of its Esbriet drug... ACADIA (ACAD), up 7.5% after presenting detailed results from a Phase III study of its treatment for Parkinson's disease psychosis... AstraZeneca (AZN), up 2.8% after saying it plans to restructure its SG&A activities to cut out about 2,300 jobs, announcing partnership agreement with Moderna Therapeutics... Yahoo! (YHOO), up 2% following upgrade at Oppenheimer... DOWN AFTER EARNINGS: Oracle (ORCL), down 7.6%... Guess (GES), down 6%... Tumi (TUMI), down 6%... Scholastic (SCHL), down 11.5%... ALSO LOWER: Cisco (CSCO), down 2.5%, following downgrade at FBR Capital... General Moly (GMO), down 21%, after work suspended on a $665M loan being negotiated for the development of its Mt. Hope Project.
News For ORCL;CSCO;YHOO;AZN;PERY;MOV;GES;TUMI;ACAD;ITMN;SCHL From The Last 14 Days
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April 7, 2014
05:48 EDTAZNMyriad Genetics submits premarket approval to FDA for BRACAnalysis
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April 6, 2014
14:21 EDTYHOOYahoo plans to acquire bigger budget TV programming, WSJ says
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April 4, 2014
10:02 EDTCSCOOn The Fly: Analyst Initiation Summary
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09:45 EDTCSCOWells questions validity of low FireEye score in NSS Labs report
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April 3, 2014
16:13 EDTCSCOCisco initiated with an Outperform at Northland Securities
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10:31 EDTPERYPerry Ellis sees Q1 EPS 25c-30c, consensus 55c
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09:46 EDTPERYPerry Ellis said experienced weather-related challenges in Q4
Says "disappointed" with FY14 results. Says customers halted spending on highly promotional key items during the competitive holiday season. Says spring readings have been positive across entire portfolio in areas where weather is warmer. Says planning Q1 "conservatively" to address calendar shift of Easter from March in 2013 to April this year. Says planning to add 75 shops throughout FY15. Says wholesale business continues to strengthen, on track to achieve over 20% growth in FY15. Says turnaround with Rafaella "under way." Says ecommerce strengthened in 2H14. Comments made on the Q4 earnings conference call.
09:14 EDTORCLOn The Fly: Pre-market Movers
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07:35 EDTPERYPerry Ellis sees FY15 adjusted EPS 75c-90c, consensus 85c
Sees FY15 revenue $910M-$920M, consensus $919.23M. Gross margins for FY15 should expand 50-60bps to a range of 33.7%-33.8%. The company has identified and expects to realize $9M in reductions from its expense rationalization program net of reinvestment in new businesses.
07:35 EDTPERYPerry Ellis reports Q4 EPS ex-items 6c, consensus 3c
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07:23 EDTORCLWells Fargo to hold a summit
4th Annual Tech Transformation Summit is being held in San Francisco on April 2-3 with webcasted company presentations to begin on April 3 at 11 am; not all company presentations may be webcasted.Webcast Link
06:20 EDTYHOOYahoo's goal of raising encryption could clash with advertising, WSJ reports
Yahoo's Chief Information Security Officer Alex Stamos announced new progress on efforts to beef up encryption although he admits there are limits to this encryption, reports the Wall Street Journal. The company could use HTTPS, which would block outsiders from watching data people submit, but Yahoo would then have to persuade every advertising network running ads to use the same encryption. Reference Link
April 2, 2014
19:15 EDTYHOOYahoo says all traffic between data centers now encrypted
In a post on the company's Tumblr page, Yahoo's Chief Information Security Officer Alex Stamos said that, traffic moving between Yahoo data centers is fully encrypted as of March 31, the Yahoo homepage and all search queries that run on the Yahoo homepage and most Yahoo properties also have HTTPS encryption enabled by default, and in the coming months, a new, encrypted version of Yahoo Messenger will be deployed. Reference Link
18:51 EDTORCLOn The Fly: After Hours Movers
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16:44 EDTORCLFusion-io collaborates with Oracle on flash-aware interfaces for MySQL
Fusion-io (FIO) announced collaboration with Oracle (ORCL) on the development of flash-aware interfaces for MySQL. These interfaces include NVM Compression, a flash-aware interface that can double the usable capacity of Fusion ioMemory flash while eliminating the performance impact associated with disk-era compression and Atomic Writes, an interface that enables more efficient database commits when running on flash memory. Together, these flash-aware interfaces allow MySQL to deliver up to 4x more flash endurance by streamlining commands to help optimize databases for persistent flash memory architectures.
16:31 EDTMOVSAC Capital lowers passive stake in Movado to 2.1% from 5.0%
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15:30 EDTPERYNotable companies reporting before tomorrow's open
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14:55 EDTACADACADIA management to meet with Piper Jaffray
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08:41 EDTCSCOPacific Crest to hold a forum
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08:37 EDTCSCOWells Fargo to hold a summit
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