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Stock Market & Financial Investment News

News Breaks
May 23, 2014
09:17 EDTYOKU, ARUN, FL, RKUS, TIVO, ARO, TFM, RNA, GOOG, ZIOP, GME, FEYE, PTCTOn The Fly: Pre-market Movers
HIGHER: PTC Therapeutics (PTCT), up 87% after receiving a positive CHMP opinion for Translarna. Prosensa (RNA), which is also seeking EU approval for its own DMD treatment, is up 21%... Ruckus Wireless (RKUS), up 6.7% after GigaOM says the company is partnering with Google (GOOG) on a cloud Wi-Fi network project... FireEye (FEYE), up 2.7% after upgraded at Barclays... Orbitz (OWW), up 6% after its 7.5M share secondary offering priced at $6.60 per share... Ziopharm (ZIOP), up 5.8% after announcing Ad-RTS-IL-12 results. UP AFTER EARNINGS: The Fresh Market (TFM), up 6.8%... GameStop (GME), up 4.7%... Foot Locker (FL), up 2%... TiVo (TIVO), up 4%. LOWER: Aeropostale (ARO), down 18.8% after downgraded at RBC Capital following lower than expected first quarter results... RetailMeNot (SALE), down 2.5% after downgraded at Stifel. DOWN AFTER EARNINGS: Aruba Networks (ARUN), down 11.8%... Youku Tudou (YOKU), down 5.9%.
News For PTCT;RNA;RKUS;FEYE;TFM;FL;GME;ARO;ARUN;ZIOP;TIVO;YOKU;GOOG From The Last 14 Days
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June 23, 2015
07:29 EDTTIVOBernstein to hold a summit
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06:25 EDTGOOGGoogle introduces the News Lab on blog
Google said on its blog that it is launching the News Lab, "a new effort at Google to empower innovation at the intersection of technology and media. Our mission is to collaborate with journalists and entrepreneurs to help build the future of media. And we’re tackling this in three ways: though ensuring our tools are made available to journalists around the world -- and that newsrooms know how to use them; by getting helpful Google data sets in the hands of journalists everywhere; and through programs designed to build on some of the biggest opportunities that exist in the media industry today. The News Lab is a global effort, with teams in the U.S., U.K., France, and Germany to start -- and we’re also powering the training and research arm of Google’s Digital News Initiative in Europe. Google has created many technologies and platforms that have engaged the media industry. As both the media landscape and technology continue to evolve, we believe we can create a more informed world if technologists and journalists work together -- and we’re excited to be part of the effort." Reference Link
06:14 EDTGOOGGetty filed a complaint against Google to EU earlier this year, WSJ reports
Getty Images complained earlier this year to European antitrust authorities that Google unfairly favors its image search service over rivals, the Wall Street Journal reports. The European Commission told Getty in early June that its concerns were valid and added Getty as an “interested third person” in its search manipulation case against the search giant, according to a document reviewed by the Wall Street Journal. Reference Link
06:11 EDTYOKUGreenwoods reports 5.3% passive stake in Youku Tudou
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05:33 EDTRKUSJuniper, Ruckus Wireless announce new technology alliance
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June 22, 2015
18:22 EDTGOOGGoogle offers sign-ups to test GoPro virtual reality prototype
Google (GOOG) has created a sign-up page to allow "creators" -- taken to mean video content creators -- to test its "Jump" virtual reality platform. Jump uses 16 GoPro (GPRO) cameras to create virtual reality video "that you can step inside of." Content creators selected by Google will get access to the platform beginning this summer. Reference Link
14:42 EDTGOOGOculus potential not reflected in Facebook's stock price, Piper Jaffray says
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12:12 EDTGOOGUS Supreme Court rejects Google patent appeal over Street View, Reuters says
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10:36 EDTFLFoot Locker management to meet with FBN Securities
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10:19 EDTFEYEAnalyst says get more selective on cybersecurity stocks
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10:00 EDTZIOP, FEYEOn The Fly: Analyst Downgrade Summary
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09:40 EDTFEYEActive equity options trading on open
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09:14 EDTZIOPOn The Fly: Pre-market Movers
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08:02 EDTGOOGTransphorm announces new $70M investment led by KKR
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07:59 EDTZIOPZiopharm downgraded on valuation, competition at BMO Capital
As noted earlier, BMO Capital downgraded Ziopharm Market Perform from Outperform. As reasons for the downgrade, the firm cited valuation, increased competition, and its belief that the company has fallen further behind its competitors. Target to $10 from $15.
07:31 EDTGOOGFacebook catching up to YouTube in video ads, Reuters says
Facebook (FB) is gaining market share on Google's (GOOG) YouTube in online video advertising, reports Reuters, citing a published Ampere Analysis report. Reference Link
07:01 EDTFEYEFireEye identifies Chinese group responsible for Federal hack, Re/code reports
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06:29 EDTZIOPZiopharm downgraded to Market Perform from Outperform at BMO Capital
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05:45 EDTFEYEFireEye downgraded to Neutral from Buy at UBS
UBS analyst Brent Thill downgraded FireEye (FEYE) to Neutral citing the stock's 70% rally year-to-date. Hill, however, raised his price target for name to $55 from $50. Shares of the cybersecurity provider closed Friday down 58c to $53.65. Hill also downgraded Symantec (SYMC) this morning to Sell. In the cybersecurity space, he keeps Buy ratings on Palo Alto Networks (PANW) and Fortinet (FTNT).
June 21, 2015
14:49 EDTGOOGRaven shares may rally in next couple years, Barron's says
The recent selloff in Raven (RAVN) shares "looks like an opportunity," and the company's stock could rally over the next couple years, Barron's contends in its 'Sizing Up Small Caps' column. Barron's notes that the company has partnered with Google (GOOG) to develop high-altitude balloons for the experimental Project Loon, which, if expanded into a full project, could signal a boost for Raven. Reference Link
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