New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 21, 2013
09:05 EDTORCL, ACAD, MOV, YHOO, SCHL, TUMI, PERY, CSCO, ITMN, GES, AZNOn 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.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
February 18, 2015
10:56 EDTGESGuess downgraded to Underweight from Neutral at Piper Jaffray
Subscribe for More Information
10:42 EDTPERYApparel makers beyond Perry Ellis seen hurt by port slowdown
Subscribe for More Information
09:07 EDTPERYPerry Ellis announces new licensing partnership with Sensual, Inc.
Subscribe for More Information
07:21 EDTPERYPerry Ellis weakness a buying opportunity, says Wunderlich
Wunderlich recommends using the weakness in shares of Perry Ellis after the company announced a "weak" Q4 due to missed initial Spring shipments from the West Coast dock slowdown. The firm believes that almost all apparel companies will be negatively affected by the slowdown. It lowered its price target for shares to $29 from $30 and keeps a Buy rating on the name.
04:55 EDTORCLStocks with implied volatility movement; MO ORCL
Subscribe for More Information
February 17, 2015
18:43 EDTPERYApparel stocks lower after Perry Ellis warns of West Coast port disruption
Subscribe for More Information
18:13 EDTPERYPerry Ellis sees FY16 revenue $925M-$935M, consensus $955.12M
Subscribe for More Information
17:28 EDTPERYPerry Ellis: West Coast port disruption impacts Q4, FY15 revenues by $23M
Perry Ellis International announced that based on its preliminary results for the fourth quarter and full year, the company is providing preliminary fourth quarter results and expected results for the 2015 fiscal year ended January 31, 2015. The announcement of the company's preliminary results was necessitated by the disruption at the West Coast ports, which caused shipments, originally intended for the fourth quarter to be received too late or post year end, thereby impacting sales. The company expects to report fourth quarter and fiscal year 2015 results the week of March 30, 2015. Oscar Feldenkreis, Vice Chairman, President and COO, Perry Ellis commented, "Our brands and businesses performed well during the fourth quarter, which resulted in positive comparable store sales in our direct-to-consumer business with comparable gross margins increased by 11 percent. The Company also saw solid performance in its brands across its retail customers enabling it to meet its profit goals and to reduce markdown assistance from prior year. We are equally encouraged as we transition into spring selling. The benefit of this solid performance was negatively impacted by prolonged port delays and foreign currency exchange. Like companies across industries, we are taking action to overcome the challenges presented by the West Coast ports situation. We have expanded our East Coast logistics pipeline in an effort to improve receipts and the delivery of goods to our retail partners."
17:16 EDTAZNActavis confirms temporary injunction related to generic Pulmicort RESPULES
Subscribe for More Information
17:02 EDTYHOOSoros Fund Management gives quarterly update on stakes
Subscribe for More Information
16:47 EDTPERYPerry Ellis sees FY15 EPS 50c-53c,may not compare to consensus 94c
Sees FY15 total revenue to approximate $890M, may not compare to consensus $916.35M.
16:44 EDTPERYPerry Ellis sees Q4 EPS 1c-4c, may not compare toconsensus 43c
Subscribe for More Information
11:25 EDTCSCOCisco partners with France to invest $100M in French startups, TechCrunch says
French Prime Minister Manuel Valls announced Monday a partnership with Cisco that will see the company investing $100M in French startups in coming years, reports TechCrunch, citing government statements and remarks by Cisco CEO John Chambers. The partnership also involves collaborating on cybersecurity, "smart" networks and cities, and an education initiative aimed at teaching network infrastructure to 200,000 people. Reference Link
08:11 EDTYHOOSplunk says Yahoo selects Hunk for Hadoop analytics platform
Subscribe for More Information
05:52 EDTCSCOSony to establish alliance to promote Ultra HD technology, DigiTimes reports
Sony (SNE) is planning to form an alliance with 10 companies including Cisco (CSCO) and Rohde & Shwarz to boost IP-based Ultra HD video broadcasts, reports DigiTimes. According to industry sources, the alliance named IP Life Consortium will allow TV stations worldwide to set up Ultra HD infrastructure with lower costs. Reference Link
February 16, 2015
17:24 EDTORCLFIS, Oracle among those exploring Monitise bid, Sky News reports
FIS (FIS) is among the U.S. companies considering a takeover bid for Monitise, the UK mobile banking software manufacturer which put itself up for sale last month, Mark Kleinman of Sky News reports. Other possible bidders include Oracle (ORCL) and IBM (IBM), Kleinman added. He pointed out that all of the takeover discussions are said to be at an early stage. Reference Link
February 13, 2015
16:32 EDTAZNActavis launches generic Pulmicort RESPULES
Subscribe for More Information
08:19 EDTAZNAckman noncommittal on McDonald's rumors, Bloomberg reports
Subscribe for More Information
06:22 EDTYHOOYahoo volatility at low end of one-year range
Subscribe for More Information
06:13 EDTYHOOYahoo expected to cut up to 200 employees, primarily in Canada, WSJ reports
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use