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Stock Market & Financial Investment News

News Breaks
December 18, 2012
16:24 EDTORCL, SWHC, RGR, ARB, NLSN, HEB, GTATOn The Fly: Closing Wrap
Stocks on Wall Street were higher, with the buying spurred on by optimism surrounding the fiscal cliff negotiations. After surging higher during the first half of the trading session, the averages moved in a narrow range through the afternoon, though held onto gains and closed right near their highs... ECONOMIC EVENTS: In the U.S., the National Association of Home Builders index of builder confidence increased to 47, as was forecast. Also, the current-account deficit in the U.S. narrowed in the third quarter to $107.5B from a $118.1B shortfall in the prior quarter. Economists expected the deficit would narrow to about $103B... COMPANY NEWS: After the bell, Oracle (ORCL) reported earnings and revenues that beat Street expectations. Shares, which had been up 1.67% during the trading session, moved up another 1.5% in after hours trading following the report... Gunmakers Smith & Wesson (SWHC) and Sturm, Ruger (RGR) continued their recent weakness as private equity firm Cerberus Capital Management's decision to put gunmaker Freedom Group up for sale added new pressure on those stocks. Shares of Smith & Wesson lost 86c, or 9.99%, to close at $7.79, while shares of Sturm, Ruger fell $3.40, or 7.73%, to close at $40.60... MAJOR MOVERS: Among the notable gainers was Arbitron (ARB), up $8.99, or 23.63%, to $47.03 after agreeing to be bought by Nielsen (NLSN) for $48 per share in cash. Shares of acquirer Nielsen also gained $1.30, or 4.39%, to $30.92. Among the noteworthy losers was GT Advanced Technologies (GTAT), which was downgraded at Raymond James and Stifel Nicolaus and saw shares fall 39c, or 11.27%, to $3.07 after issuing guidance well below consensus. Also lower was Hemispherex Biopharma (HEB), down 27.6c, or 42.86%, to 36.8c, after the FDA posted documents in advance of a review of the company's Ampligen drug, noting that the agency had concerns with the drug's efficacy and safety data... INDICES: The Dow was up 115.57, or 0.87%, to 13,350.96; the Nasdaq was up 43.93, or 1.46%, to 3,054.53; and the S&P 500 was up 16.43, or 1.15%, to 1,446.79.
News For ORCL;SWHC;RGR;ARB;NLSN;HEB;GTAT From The Last 14 Days
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July 29, 2014
17:27 EDTRGRSturm, Ruger declares quarterly dividend of 45c per share
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17:26 EDTRGRSturm, Ruger raises share repurchase authorization to $100M from $25M
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17:23 EDTRGRSturm, Ruger reports Q2 EPS $1.12, consensus $1.23
Reports Q2 revenue $153.7M, consensus $168.73M. CEO Michael O. Fifer made the following observations related to the company’s Q2 performance, "Our sales decreased 14% from the 2Q13 due to a reduction in demand for firearms and accessories. Our earnings decreased 31% and our EBITDA decreased 25%, from 2Q13. The main drivers of the reduced operating margins were the reduced sales volume, a product mix shift away from unusually strong sales of higher-margin firearms accessories last year, and increased depreciation expense. New products represented $57.1M or 18% of firearm sales in the first half of 2014."
14:54 EDTNLSNNielsen weakness a buying opportunity, says Morgan Stanley
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13:44 EDTGTATGT Advanced shares defended at Stifel
10:52 EDTGTATApple iPhone 6 with sapphire to be limited by production issues, LEDinside says
Analysis of Apple's (AAPL) iPhone 6 supply chain indicates component suppliers have to start shipping products to OEMs for assembly in June to meet the September launch date, but LEDinside said its research did not discover demands for smartphone cover glass. "The sapphire glass version iPhone 6 will be issued in limited volumes this year," the periodical contends. Note that GT Advanced is a parter to Apple and sapphire supplier to the tech giant. Reference Link
07:51 EDTORCLOracle extends expiration date of tender offer for MICROS to August 15
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07:04 EDTNLSNNielsen reports Q2 adjusted EPS 62c, consensus 61c
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July 28, 2014
15:47 EDTNLSNNotable companies reporting before tomorrow's open
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12:35 EDTSWHCSmith & Wesson announces $2M settlement agreement with SEC
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11:14 EDTSWHCSmith & Wesson to pay $2M to settle SEC charges
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10:22 EDTGTATMIT Technology Review discusses new sapphire production at GT
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08:49 EDTORCLOracle to benefit over longer term from shift to cloud, says Pacific Crest
Pacific Crest believes that the shift to Oracle's cloud products may result in a drop in the company's maintenance revenue initially. The firm thinks the company will ultimately collect more revenue from its customers, although the margins may decline. Pacific Crest thinks that Oracle is "making solid progress" in the cloud and Big Data. It views the stock's valuation as compelling and keeps an Outperform rating on the shares.
July 25, 2014
06:35 EDTORCLEU poised to decide on Oracle, MICROS agreement, Reuters says
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July 22, 2014
09:03 EDTNLSNNielsen, Pointlogic announce alliance
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08:41 EDTHEBHemispherx achieves high ranking in sensitivity testing against MERS/SARS
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July 17, 2014
12:44 EDTNLSNNielsen downgraded to Hold from Buy at Pivotal Research
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July 16, 2014
08:08 EDTORCLOracle Social Cloud announces LinkedIn support for SRM platform
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07:24 EDTNLSNSiemer & Associates to hold a summit
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