New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 25, 2013
18:52 EDTPKI, SBUX, JCP, CSTR, KLAC, BIDU, AMZN, LOGM, QLIK, HRB, EXPE, THRX, FSLOn The Fly: After Hours Movers
UP AFTER EARNINGS: Qlik Technologies (QLIK), up 13.2%... Coinstar (CSTR), up 8.5% after its quarterly report, as the company also proposed to change its name to Outerwall and trade under the ticker "OUTR"... Freescale (FSL), up 8.2%... LogMeln (LOGM), up 16.4%. ALSO HIGHER: J.C. Penney (JCP), up 6.6% after George Soros disclosed a 7.91% passive stake in the company... Theravance (THRX), up 6% after the company reported earnings and said it plans to separate its businesses into two independent publicly traded companies. DOWN AFTER EARNINGS: Amazon (AMZN), down 2%... Starbucks (SBUX), down 2.8%... Expedia (EXPE), down 4.9%... Baidu (BIDU), down 8%... PerkinElmer (PKI), down 13.9%. ALSO LOWER: H&R Block (HRB), down 4.2% after the company reported tax return volume was down 0.9% through April 18... KLA-Tencor (KLAC), down 4.9% after the company reported earnings that beat estimates, but gave fourth quarter guidance below expectations.
News For QLIK;CSTR;FSL;LOGM;JCP;THRX;AMZN;SBUX;EXPE;BIDU;PKI;HRB;KLAC 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 | all recent news | >>
July 22, 2015
09:01 EDTAMZNAmazon.com upgraded on positive outlook at JMP Securities
Subscribe for More Information
08:38 EDTJCPNRF cuts 2015 retail sales growth forecast to 3.5% from 4.1%
Subscribe for More Information
08:09 EDTJCPJ.C. Penney upgraded to Buy from Neutral at Buckingham
Buckingham upgraded J.C. Penney to Buy and increased its price target to $12 from $9. The firm believes 2H comps could accelerate as initiatives take hold and has increased confidence it the company's ability to hit its 2017 EBITDA target of $1.2B. Buckingham believes FY15 sales comp guidance of 4%-5% is achievable and sees continued gross margin improvement and reduced SG&A levels.
07:51 EDTAMZNAlibaba cloud services president says can catch AWS in 3-4 years, Bloomberg says
Speaking at an event about Alibaba Group's (BABA) accelerated investment in its data centers, the president of the company's Aliyun cloud services arm, Simon Hu said, "It took Amazon (AMZN) 10 years to get where it is today. It took us six years, and we hope to match or even surpass Amazon in three to four years, according to Bloomberg. Reference Link
06:54 EDTAMZNJMP Securities says Amazon shifting to 'execution mode,' ups to Outperform
Subscribe for More Information
06:35 EDTAMZNAmazon.com upgraded to Outperform from Market Perform at JMP Securities
Subscribe for More Information
06:15 EDTBIDUBaidu should be bought ahead of earnings, says Summit Research
Summit Research analyst Henry Guo recommends buying shares of Baidu ahead of the company's Q2 results on July 27. Baidu's revenue should top consensus and strength in both the iQiyi and Nuomi businesses should lead the Q3 outlook above street expectations, the analyst tells investors in a research note. He keeps a Buy rating on the stock with a $256 price target.
06:12 EDTAMZNAmazon.com's Home Services expands to many cities throughout U.S.
Subscribe for More Information
06:08 EDTAMZNSony to create drone company to offer services for business customers, WSJ says
Sony (SNE) plans to create a drone company to offer services like inspecting aged infrastructure and surveying land that is difficult to access, The Wall Street Journal reports. The drone company, Aerosense, will be created in a joint venture with ZMP Inc, a Tokyo startup which specializes in autopilot technology. Amazon (AMZN) and Google (GOOG) are currently researching the use of drones for package delivery, the report notes. Reference Link
05:27 EDTAMZNStocks with implied volatility above IV index mean; XOMA AMZN
Subscribe for More Information
July 21, 2015
17:04 EDTSBUXStarbucks and New York Times sign agreement
Subscribe for More Information
07:45 EDTAMZNSell PayPal amid mounting payments competition, Piper says
Shares of PayPal (PYPL) advanced over 5% yesterday in the stock's first day of trading following a split from eBay (EBAY), with the majority of research firms issuing optimistic notes on its prospects. This morning, however, analyst Gene Munster of Piper Jaffray recommends selling the share as competition grows in the digital payments space. BEARS: Munster started shares of PayPal with an Underweight rating, the firm's equivalent of a "Sell," saying increased competition could pressure the stock's multiple over the next 6-24 months. Google's (GOOG) Android Pay and Apple's (AAPL) Apple Pay will give consumers a "real alternative to PayPal" for the first time, Munster tells investors in his research note. In addition, interest in payments from Amazon.com (AMZN) and Facebook (FB) bring potential for more digital wallet offerings, the analyst notes. Munster set a $30 price target for PayPal. Of note, Evercore ISI also started coverage of PayPal shares yesterday with a Sell rating. BULLS: Wells Fargo initiated coverage of PayPal yesterday with an Outperform rating, saying the company's unique assets will enable it to maintain its leadership role in digital payments and benefit from the growth of e-commerce. Also upbeat was Robert W. Baird analyst Colin Sebastian, who contends that PayPal has the top pure play online payment system and is continuing to grow its share of the Internet payment market. PayPal should be able to innovate more effectively after its spin-off, added the analyst, who set a $45 price target on the shares. PRICE ACTION: Shares of PayPal are pointing toward further gains in their second day of standalone trading, with the stock up about 2.7% to $41.55 in pre-market trading.
05:34 EDTAMZNPayPal initiated with an Underweight at Piper Jaffray
Piper Jaffray analyst Gene Munster started shares of PayPal (PYPL) with an Underweight rating saying increased competition could pressure the stock's multiple over the next 6-24 months. Underweight is Piper's equivalent of a sell rating. Google's (GOOG) Android Pay and Apple's (AAPL) Apple Pay will give consumers a "real alternative to PayPal" for the first time, Munster tells investors in a research note. In addition, interest in payments from Amazon.com (AMZN) and Facebook (FB) bring potential for more digital wallet offerings, the analyst notes. Munster set a $30 price target for PayPal, which began trading yesterday following a spinoff from parent company eBay (EBAY). Shares of the online payment system closed Monday up $2.08 to $40.47.
July 20, 2015
17:20 EDTAMZNAmazon plans $5B investment in India ahead of Prime launch, ET says
Amazon is preparing a total investment of $5B in India and plans to launch Amazon Prime and Amazon Instant Video in the country later this year, the Economic Times reported earlier, citing two people directly familiar with the matter. Reference Link
14:12 EDTQLIKQlik Technologies channel checks suggest incremental strength, says BofA/Merrill
BofA/Merrill's channel checks indicate incremental strength in new customer activity for Qlik Sense. The firm rates Qlik Technologies a Buy and raised its price target to $45 from $40 heading into Thursday's report based on C16 sales multiple.
13:46 EDTAMZNAmazon seen eclipsing Macy's as top U.S. clothing retailer
Subscribe for More Information
10:00 EDTAMZNOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:48 EDTAMZNAmazon.com Q2 results poised to beat expectations, says Bernstein
Subscribe for More Information
06:57 EDTAMZNAmazon.com upgraded to Outperform from Market Perform at Cowen
Cowen analyst John Blackledge upgraded Amazon.com to Outperform based on expectations the company will be number 1 U.S. apparel retailer by 2017, driven by accelerating purchasing growth. Growth is being driven by a much larger selection, ramping 1P brand relationships and superior fulfillment and technology. BlackLedge said Amazon's long-term investment philosophy in massive retail and technology markets is increasingly paying off and should continue to win as it attracts U.S. retail TAM as wall as International e-commerce leadership. Further, he expects Amazon.com's leadership to continue in the fast-growing public cloud market. BlackLedge raised his price target on Amazon shares to $565 from $435.
06:47 EDTAMZNAmazon.com upgraded to Outperform from Neutral at Wedbush
Wedbush analyst Michael Pachter upgraded Amazon.com to Outperform and increased its price target to $575 from $435 on strong fundamentals and significant growth opportunities. Pachter sees faster AWS growth, momentum in the AWS Marketplace, better than expected Prime growth, greater sales traction from Prime Day, and increased likelihood it can add at least $2B in revenue from capturing PayPal payments. The firm's analyst expects solid Q2 revenue on Thursday of $22.4B versus guidance of $20.6B-$22.8B from new Prime members and from incremental AWS accounts.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 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