New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 8, 2014
05:49 EDTPLUG, RSHStocks with implied volatility movement; PLUG RSH
Stocks with implied volatility movement; Plug Power (PLUG) 183, RadioShack (RSH) 114 according to iVolatility
News For PLUG;RSH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 29, 2014
10:24 EDTPLUGPlug Power highlights work within auto industry
Subscribe for More Information
06:03 EDTPLUGStocks with implied volatility movement; ANR PLUG
Stocks with implied volatility movement; Alpha Natural (ANR) 104, Plug Power (PLUG) 87 according to iVolatility.
September 26, 2014
10:21 EDTRSHStandard General in discussions with RadioShack on new business operating plan
Standard General reports 9.8% stake in RadioShack. Standard General has been in discussions with the company regarding a proposal on a business operating plan and certain ways to improve the company’s liquidity position in advance of the holiday shopping season. Proposals under discussion include Standard General and certain other investors purchasing loans and other commitments under the Company’s asset backed credit facility from its existing lenders. Under such a proposed transaction, Standard General and certain other New Investors may propose to subordinate their investment in the Credit Facility to other investors in order to improve the near-term liquidity available to fund the Company’s holiday working capital needs. Pursuant to such a proposal, the investment by the New Investors could be the first step of a broader recapitalization of RadioShack proposed to be completed by early 2015, which may include Standard General and certain other New Investors acquiring preferred equity convertible into common equity, board nomination rights and corresponding changes to the Company’s structure.
September 24, 2014
11:54 EDTPLUGStocks with call strike movement; HLF PLUG
Subscribe for More Information
11:24 EDTRSHRadioShack sees Fix It Here available to 700 locations by 2014 end
Subscribe for More Information
September 23, 2014
16:20 EDTPLUGOn The Fly: Closing Wrap
Stocks on Wall Street were lower after the U.S. took new action to clamp down on tax inversion deals and led airstrikes against Islamic State militants in Syria, while Europe reported weaker than expected manufacturing data. ECONOMIC EVENTS: In the U.S., the FHFA's home price index rose 0.1% in July to 212.7, missing expectations for an increase of 0.5%. Markit's preliminary manufacturing Purchasing Managers' Index for September came in at 57.9, slightly below the consensus forecast for a 58.0 reading. In China, HSBC's flash manufacturing PMI rose to 50.5 from a final reading of 50.2 in August, better than expectations. In Europe, Markit's composite flash PMI for the eurozone dipped to a nine-month low of 52.3, missing expectations for it to hold steady with its 52.5 reading for August. COMPANY NEWS: The shares of a number of companies that have announced or been speculated as targets in tax inversion deals fell after the U.S. Treasury last night issued new regulations that will make such deals less attractive. AstraZeneca (AZN), which has previously turned down an offer to be acquired by the U.S.'s Pfizer (PFE), sank $3.54, or 4.74%, to $71.13 despite a Bloomberg report that said Pfizer is still considering pursuing a deal with the U.K. drugmaker. AbbVie (ABBV), which has a deal in progress to acquire Shire (SHPG) and thus move its tax domicile to Ireland, fell $1.15, or 1.96%, to $57.56, while Shire shares slid $5.56, or 2.17%, to $250.74. Medtronic (MDT), which is pursuing its own inversion deal with Covidien (COV), dropped $1.90, or 2.88%, to $64.08. MAJOR MOVERS: Among the notable gainers was Herbalife (HLF), which rose $3.88, or 9.65%, to $44.09, bouncing back from a pullback yesterday that had been attributed to rumors of Carl Icahn selling out of his stake in the company. Also higher was Plug Power (PLUG), which rose 40c, or 9.57%, to $4.58 after the company's CEO gave FY15 revenue guidance that was above the consensus Street view in an interview with the Albany Business Review. Among the noteworthy losers was Ascena Retail (ASNA), which dropped $2.78, or 16.82%, to $13.75 after the apparel retailer's fourth quarter results and fiscal 2015 profit outlook trailed analysts' consensus estimates. Also lower were shares of used car retailer CarMax (KMX), which fell $5.01, or 9.49%, to $47.80 after the company reported sluggish comparable used car sales in its second quarter. INDEXES: The Dow declined 116.81, or 0.68%, to 17,055.87, the Nasdaq dropped 19.00, or 0.42%, to 4,508.69, and the S&P 500 fell 11.52, or 0.58%, to 1,982.77.
14:26 EDTPLUGPlug Power CEO sees FY15 revenue of $130M, Albany Biz Review says
Plug Power CEO Andy Marsh sees its new agreement with M&T Bank to offer financing packages for its GenKey systems to allow customers to decide more quickly on purchases, which will help the company accelerate its revenue, reported Albany Business Review, citing an interview with Marsh. Marsh said the new financing will help Plug generate more than $75M in revenue this year and that the company is "on track to do $130M in revenue in 2015," the report added. Consensus estimates for Plug Power's revenue in FY14 and FY15 are $75.93M and $126.37M, respectively. Reference Link
September 22, 2014
07:22 EDTRSHRadioShack: Discussions with major vendor did not result in any changes
Subscribe for More Information
06:16 EDTPLUGPlug Power implied volatility of 82 at upper end of index mean range
Subscribe for More Information
September 19, 2014
06:03 EDTRSHStocks with implied volatility movement; TAP RSH
Stocks with implied volatility movement; Molson Coors (TAP) 31, RadioShack (RSH) 247 according to iVolatility.
September 18, 2014
05:47 EDTRSHStocks with implied volatility movement; TRW RSH
Subscribe for More Information

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