New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 5, 2014
16:00 EDTPBR, AAPL, BP, AMZN, NFLX, WFM, DRI, TWTR, TSLAOptions Update; August 5, 2014
iPath S&P 500 VIX Short-Term Futures up 2.20 to 33.74. Option volume leaders: AAPL BP PBR AMZN NFLX WFM DRI TWTR TSLA according to Track Data.
News For PBR;AAPL;BP;AMZN;NFLX;WFM;DRI;TWTR;TSLA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | all recent news | >>
October 7, 2014
05:51 EDTTWTRTwitter logged-off strategy could double sales by 2017, says Deutsche Bank
Subscribe for More Information
October 6, 2014
18:16 EDTTSLATesla VP of Communications to leave company, WSJ reports
Subscribe for More Information
17:53 EDTWFMWhole Foods recommends shareholders reject TRC Capital's 'Mini-Tender' offer
Whole Foods Market has been notified of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 3M Whole Foods Market common shares, or approximately 0.83% of the common shares outstanding as of September 28, at a price of $36.25 per share. Whole Foods Market does not endorse this unsolicited mini-tender offer and recommends that shareholders reject the offer and do not tender their shares in response to the offer. Whole Foods Market is not associated with TRC Capital, its mini-tender offer or the mini-tender offer documentation.
17:31 EDTBPForest Oil agrees to purchase Texas gas properties for $20M
Forest Oil Corporation (FST) said in a regulatory filing that it had agreed to purchase certain oil and gas properties located in the state of Texas together with various other related interests, rights, wells, leasehold interests, records, equipment, and other assets from BP America Production Company, a subsidiary of BP (BP), and Brammer Engineering pursuant to a closing letter agreement dated September 18 from BP, and accepted by Forest and Brammer on the closing date and a deed and assignment and bill of sale dated as of the closing date by and among Forest and the sellers. The assets exclude, among other things, certain rights, claims, credits, fee mineral interests, proprietary data, and records. The total consideration to be paid by Forest for the assets is $20M in cash, subject to customary adjustments to reflect the operation of the oil and gas assets prior to the closing, title defects, and unresolved consents to assignment and environmental defects. There are no relationships between Forest or any of Forestís officers, directors, or affiliates, on the one hand, and sellers, on the other hand.
16:20 EDTAAPLOn The Fly: Closing Wrap
Stocks on Wall Street opened in positive territory and appeared ready to ride the wave of optimism from Fridayís jobs report into the new week. However, with little on the economic calendar to sustain the momentum, each of the major equity indexes had given up their gains by noon. The Dow and S&P 500 made it back to flat late in the session, but weakened into the close to end the day slightly lower. The tech-heavy Nasdaq was the laggard throughout and ended the day with the most significant decline. ECONOMIC EVENTS: In the U.S., no major economic data was reported. COMPANY NEWS: Hewlett-Packard (HPQ) climbed $1.67, or 4.74%, to $36.87 after it confirmed plans to split itself into two publicly traded companies by the end of its fiscal 2015. One company will include HP's technology infrastructure, software and services businesses, to be known as "Hewlett-Packard Enterprise," while the other will include the company's PC and printing businesses and be called "HP Inc." After the announcement, HP shares were upgraded to Outperform from Neutral at Credit Suisse, while analysts at Cantor called the split "a bold and smart move" that will give HP the financial flexibility needed to sell off one or both of the PC and printing businesses if an attractive offer emerges for either or both. MAJOR MOVERS: Among the notable gainers was Durata Therapeutics (DRTX), which surged $10.36, or 74.64%, to $24.24 after the company agreed to be acquired by larger drugmaker Actavis (ACT) for $23.00 per share in cash, or approximately $675M, and contingent value rights for additional cash payments of up to $5.00 per share if certain regulatory or commercial milestones related to Durata's lead product are achieved. Also higher was CareFusion (CFN), which jumped $10.58, or 22.92%, to $56.75 after agreeing to be acquired by Becton Dickinson (BDX) for $49 in cash and 0.0777 of a share of BD for each share of CareFusion, or about $12.2B. Becton Dickinson rose $9.14, or 7.89%, to $124.98 after its deal, while Actavis slipped $2.12, or 0.86%, to $243.95, after its own, much smaller purchase. GT Advanced Technologies (GTAT) plunged $10.22, or 92.46%, to 83c after the company announced that it and some of its units had commenced voluntary cases under chapter 11 of the bankruptcy code, which Raymond James believes implies a "fundamental, severe breakdown" of the company's relationship with Apple (AAPL). Also lower were shares of Sunesis (SNSS), which dropped $5.18, or 78.01%, to $1.46 and was downgraded at RBC Capital and Wells Fargo after a trial of a combination therapy for patients with first relapsed or refractory acute myeloid leukemia did not meet its primary endpoint. INDEXES: The Dow slid 17.78, or 0.1%, to 16,991.91, the Nasdaq fell 20.82, or 0.47%, to 4,454.80, and the S&P 500 slipped 3.08, or 0.16%, to 1,964.82.
16:00 EDTTSLA, AMZN, AAPL, NFLX, TWTR, PBROptions Update; October 6, 2014
iPath S&P 500 VIX Short-Term Futures up 46c to 30.08. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX HPQ C RSH CLF PBR according to Track Data.
14:49 EDTTSLATesla looking to sell used Model S vehicles, Automotive News says
Tesla is working on an initiative to sell its Model S vehicles secondhand, Automotive News reported last night. The news was confirmed by a company spokesman, the website stated. Reference Link
14:01 EDTAAPLGT Advanced bankruptcy implies breakdown with Apple, says Raymond James
Subscribe for More Information
13:38 EDTTSLATesla speculated to announce auto-driving features Thursday, WSJ reports
Tesla is expected to reveal new features that enable more computer controlled driving of the Model S sedan on Thursday, The Wall Street Journal reports, citing a person familiar with the matter. Reference Link
11:41 EDTAAPLSolar companies sink after GT Advanced declares bankruptcy
Subscribe for More Information
10:38 EDTAAPLApple's iPhone 6, 6 Plus to launch in India on October 17, Times of India says
Apple's iPhone 6 and iPhone 6 Plus will be available in India beginning Friday, October 17 through authorized resellers, the Times of India reports. Pre-orders for the devices start on October 7. The 16GB version o the iPhone 6 will be available at Rs 53,500, the 64GB version is priced at Rs 62,500 and the 128GB version of the phone will sell for Rs 71,500; the 16GB version of the iPhone 6 Plus will be available for Rs 62,500, while the 64GB version will cost Rs 71,500 and the 128GB version will sell for Rs 80,500. Reference Link
10:32 EDTPBRPetrobras spikes higher following Brazilian election results
Subscribe for More Information
09:37 EDTAAPL, TSLA, PBR, NFLX, TWTRActive equity options trading on open
Subscribe for More Information
09:35 EDTPBRPetrobras upgraded to Buy from Neutral at UBS
Subscribe for More Information
08:38 EDTTSLATesla volatility flat into October 9 announcement
Subscribe for More Information
07:42 EDTAAPLSkyworks well positioned to benefit from iPhone upgrade cycle, says Canaccord
Subscribe for More Information
07:41 EDTTSLAToyota hydrogen plans knocked by heads of Nissan, Daimler, WSJ says
Subscribe for More Information
07:34 EDTAAPLApple updates software to protect against iWorm bug, MacRumors reports
Subscribe for More Information
07:16 EDTAAPLiOS 8 adoption appear slower than its predecessors, 9to5Mac reports
Subscribe for More Information
06:25 EDTAAPLiPhone 6 chip orders to remain high in 1Q15, DigiTimes reports
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | all recent news | >>

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

I agree to the theflyonthewall.com disclaimer & terms of use