New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
12:16 EDTTHO, ACAD, BFA, RAH, MMR, LVS, DDS, GLW, BF.B, CAGOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after "core" durable goods orders and a reading on consumer confidence rose. Stock index futures were slightly lower in pre-market trading, even though the terms of a new debt deal for Greece had been outlined prior to the U.S. opening bell. The major averages spent the majority of the session in negative territory despite some better than expected domestic economic data, but managed to get back on the plus side of the ledger as the lunch hour arrived... ECONOMIC EVENTS: In the U.S., the Commerce Department said non-defense capital goods orders excluding aircraft rose 1.7% in October, versus expectations for a 0.5% decline. Total durable goods orders were unchanged for the month, versus expectations for them to decline 0.7%. The S&P Case-Shiller 20-city home-price index gained 0.4% in September compared to the prior month and prices in the 20 cities rose 3.0% year over year, which were both roughly in line with forecasts. The Conference Board's consumer confidence index rose to 73.7 in November, beating expectations and hitting its highest level in almost five years. The Richmond Fed manufacturing survey for November registered +9, compared to expectations for it to slide to -9 from the prior -7 reading. In Europe, the region's finance ministers, the ECB and the IMF reached an aid deal on Greece, which is expected to help the nation reduce its debt-to-GDP ratio to 124% by 2020... COMPANY NEWS: ConAgra Foods (CAG) agreed to acquire Ralcorp Holdings (RAH) for $90.00 per share, or about $6.8B including the assumption of debt. Shares of Ralcorp shot up 26.4% to $88.76 following the deal announcement and ConAgra also advanced 4.7% after the news... In the continuation of a recent trend, several companies declared new special dividends, with Dillard's (DDS) to pay a one-time dividend of $5.00 per share, Brown-Forman (BFA, BF.B) declaring one at $4.00 per share, and Las Vegas Sands (LVS) approving its own $2.75 per share special dividend... MAJOR MOVERS: Among the notable gainers was ACADIA Pharmaceuticals (ACAD), up 140% following its report of positive results from a trial of its treatment for Parkinson's disease psychosis, or PDP. Also higher were shares of Corning (GLW), up nearly 8% after the company said it now sees stronger than forecasted Q4 LCD glass volume and Topeka raised its rating on the shares to Buy. Among the noteworthy losers was McMoRan Exploration (MMR), which fell over 15% after being down yesterday as well after the company provided an update on its Gulf of Mexico exploration results and indicated ongoing well difficulties. Also lower were shares of Thor Industries (THO), down 10% after its disappointing quarterly report... INDICES: Near noon, the Dow was up 3.22, or 0.02%, to 12,970.59; the Nasdaq was up 5.79, or 0.19%, to 2,982.57; and the S&P 500 was up 2.32, or 0.16%, to 1,408.61.
News For B;LVS;ACAD;GLW;MMR;THO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
January 28, 2015
08:17 EDTLVSLas Vegas Sands volatility elevated into Q4 and outlook
Subscribe for More Information
08:15 EDTGLWCorning investment thesis playing out, says Susquehanna
Subscribe for More Information
07:19 EDTACADACADIA price target raised to $50 from $42 at Jefferies
Jefferies raised its price target for ACADIA shares to $50 after increasing its Nuplazid sales estimates in Parkinson's disease psychosis. The firm believes Nuplazidís efficacy and safety profile could lead to a strong launch and keeps a Buy rating on ACADIA.
January 27, 2015
09:18 EDTGLWCorning sees FY15 glass market up in high-single digits
Subscribe for More Information
09:17 EDTGLWOn The Fly: Pre-market Movers
HIGHER: Silicon Image (SIMG), up 23% after signing agreement to be acquired by Lattice Semiconductor (LSCC)... USA Technologies (USAT), up 5% following nationwide roll-out of new Apple Pay points... TE Connectivity (TEL), up 3.9% following a Wall Street Journal report that the company is close to a deal with Commscope (COMM)... Select Comfort (SCSS), up 1% after being upgraded to Buy from Hold at Stifel. DOWN AFTER EARNINGS: Microsoft (MSFT), down 8.2%... Caterpillar (CAT), down 7.8%... Packaging Corp (PKG), down 8.3%... Peabody Energy (BTU), down 5.3%... Freeport-McMoRan (FCX), down 5.7%... Polaris Industries (PII), down 2.1%... United Technologies (UTX), down 2.3%... Procter & Gamble (PG), down 2.6%.
09:17 EDTGLWCorning sees Q1 specialty material segment revenue up about 10%
Subscribe for More Information
07:15 EDTGLWCorning expects to deliver overall earnings growth in FY15
Subscribe for More Information
07:11 EDTGLWCorning reports Q4 core EPS 45c, consensus 38c
Subscribe for More Information
January 26, 2015
15:40 EDTGLWNotable companies reporting before tomorrow's open
Subscribe for More Information
13:05 EDTGLWEarnings Preview: Corning sees year-over-year sales, earnings growth in Q4
Subscribe for More Information
January 23, 2015
08:20 EDTLVSSands China names Sheldon Adelson as CEO
The board of directors of Sands China Ltd. announced that: (A) Sheldon Gary Adelson, the Chairman and a non-executive director of the company, will be appointed as the CEO of the company and re-designated as an executive director of the company, in each case, with effect from March 6. After the appointment and re-designation, Adelson will be the Chairman, the CEO and an Executive Director of the company; (B) Robert Glen Goldstein, a Non-Executive Director, will be appointed as the Interim President and re-designated as an Executive Director of the company, in each case, with effect from March 6. After the appointment and re-designation, Goldstein will be the Interim President and an Executive Director of the company; and (C) Goldstein will also be appointed as a member of the CAPEX Committee with effect from March 6.
January 22, 2015
10:03 EDTLVSOn the Fly: Analyst Initiation Summary
Subscribe for More Information
09:43 EDTLVSActive equity options trading
Active equity options trading according to Track Data: AAPL DG ABX AMZN FXCM LVS FFIV INFI SD
08:37 EDTGLWCorning acquires assets of NovaSol, terms not disclosed
Subscribe for More Information
08:17 EDTLVSLas Vegas Sands initiated with a Buy at Union Gaming Research
Subscribe for More Information
January 21, 2015
10:01 EDTLVSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:55 EDTLVSLas Vegas Sands downgraded to Neutral from Buy at Nomura
Nomura downgraded Las Vegas Sands to Neutral to reflect lower Macau EBITDA forecasts following Beijing's tightening and enforcing of travel and capital flow regulations. The Price target lowered to $54 from $70.
January 18, 2015
16:07 EDTLVSMacau junket operator reduces operations, Bloomberg says
As Chinaís anti-graft drive reduces customer traffic in Macau, David Group, a junket operator that serves higher-spending casino customers, is closing some rooms in the city, says Bloomberg. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Crown (MPEL). Reference Link
January 16, 2015
17:16 EDTGLWCorning files automatic mixed securities shelf
06:18 EDTLVSSands China CEO Edward Tracy to retire, effective March 6
he board of directors of Sands China Ltd. announces the retirement of Edward Matthew Tracy as President and CEO of the company, a director of the company, a member of the Sands China Capital Expenditure Committee, and a director of various subsidiaries of the company, in each case, with effect from March 6. Tracy has decided to retire. He will be engaged by the company as a consultant from March 7. Tracy will continue to work with the senior management team during the transition and consultancy. Tracy has confirmed that he has no disagreement with the Board, and there are no matters that need to be brought to the attention of the shareholders of the company in respect of his retirement. It is proposed that the Nomination Committee of the Board will meet on January 23 and, in accordance with its terms of reference, consider candidates and make recommendations to the Board on the appointment of a new CEO.
1 | 2 | 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