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Stock Market & Financial Investment News

News Breaks
March 21, 2013
09:05 EDTPERY, CSCO, ITMN, GES, AZN, ORCL, ACAD, MOV, YHOO, SCHL, TUMIOn 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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May 15, 2015
09:31 EDTAZNAmerican Thoracic Society to hold a conference
ATS 2015 Conference is being held in Denver on May 15-20.
08:46 EDTYHOOMobile operators ad blocking plan sets up fight with Google, FT reports
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May 14, 2015
16:00 EDTCSCO, YHOOOptions Update; May 14, 2015
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14:05 EDTCSCOAnalysts clash on Cisco outlook after results
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14:01 EDTCSCOFireEye currently unwilling to consider sale, Re/code reports
After Cisco (CEO) John Chambers said last night on the company Q3 conference call that he "wouldn't bet on" the rumor that his company was targeting an acquisition of FireEye (FEYE), Re/code's Arik Hesseldahl added that FireEye is not for sale in any case. The security company's management would not be willing to entertain takeover offers before it reaches $1B in annual revenue, sources familiar with the matter told Hesseldahl. Reference Link
10:00 EDTCSCOOn The Fly: Analyst Downgrade Summary
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09:34 EDTCSCOActive equity options trading on open
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09:22 EDTPERYOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Perry Ellis (PERY), up 11.5%... Ctrip.com (CTRP), up 13.4%. ALSO HIGHER: AcelRx (ACRX), up 10.3% after being awarded contract worth up to $17M from Defense Dept to advance ARX-04... Oncothyreon (ONTY), up 16.9% after ASCO presentation data released... CYREN (CYRN), up 14.6% after announcing agreement with Dell.... Discovery Laboratories (DSCO), up 5.2% after Aerosurf shows positive Phase 2a data... Kate Spade (KATE), up 3.9% after being initiated with an Outperform at Wedbush. DOWN AFTER EARNINGS: Digital Ally (DGLY), down 16.4%... Kohl's (KSS), down 10.2%... VOXX (VOXX), down 8.1%... Cosi (COSI), down 7.3%. ALSO LOWER: Biotechnology (PBYI), down 15.1%% after Neratinib data published in ASCO abstract... Gevo (GEVO), down 10.7% after 4.3M share Spot Secondary priced at $4.00.
09:22 EDTAZNLeerink pharma/biotech analysts hold an analyst/industry conference call
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09:12 EDTCSCOCisco deferred revenue strong, says SunTrust
After Cisco provided lower than expected Q4 revenue guidance, SunTrust says that the company's deferred revenue was strong, suggesting that its outlook is better than the guidance indicates. SunTrust keeps a Buy rating on the shares.
07:45 EDTPERYLegion: Controlling family profited at PERY holders' expense, NY Post says
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07:22 EDTPERYPerry Ellis confirms receipt of Legion director nominations notice
Perry Ellis International confirmed that on May 8 it received notice from Legion Partners Holdings of its intention to nominate three candidates to stand for election to the Perry Ellis board of directors at the company's 2015 Annual Meeting of Shareholders. In its notice, Legion also indicated that it intends to present two proposals for consideration by shareholders at the 2015 Annual Meeting. Perry Ellis issued a statement, saying in part: "The Perry Ellis Board of Directors is committed to continuously enhancing the company's corporate governance practices...The Perry Ellis Board of Directors and management team are committed to acting in the best interests of the Company and all Perry Ellis shareholders. Perry Ellis strives to maintain constructive, ongoing communications with all of its shareholders and welcomes their views and opinions with the goal of enhancing shareholder value. In that regard, since last July Perry Ellis has had numerous meetings with Legion's principals to understand their views and suggestions. To date, Legion has failed to provide us with any credible plan or actionable ideas for driving success at Perry Ellis. Months ago, Perry Ellis indicated to Legion that we would consider individuals who may further enhance the depth and breadth of the Perry Ellis Board beyond the three new independent directors that Perry Ellis added over the past 15 months. In response, Legion declined to provide us with any suggested candidates and, instead, has decided to pursue a proxy contest against us. Furthermore, Legion has indicated that it is not prepared to make its candidates available for interview by the company's Corporate Governance and Nominating Committee. The Perry Ellis Board will present its recommended slate of director nominees in the Company's definitive proxy statement and other materials, to be filed in June with the Securities and Exchange Commission and mailed to all shareholders eligible to vote at the 2015 Annual Meeting."
07:19 EDTCSCOCisco downgraded to Neutral on valuation at Sterne Agee CRT
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07:11 EDTCSCOOptions expected to be active
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07:11 EDTCSCOCisco tone 'quite bullish,' says Stifel
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07:06 EDTCSCOCisco downgraded to Neutral from Buy at Sterne Agee CRT
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07:04 EDTPERYPerry Ellis raises FY16 adjusted EPS view to $1.68-$1.75 from $1.45-$1.55
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07:02 EDTPERYPerry Ellis reports Q1 GAAP EPS 62c, consensus 63c
Reports Q1 revenue $266M, consensus $263.59M. Reports Q1 adjusted EPS 99c.
06:15 EDTYHOOYahoo's head of sales leaves after six months, Digiday reports
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05:52 EDTAZNMizuho expects CAR T stocks to be volatile after ASCO abstract
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