New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 27, 2012
12:16 EDTGLW, BF.B, CAG, THO, ACAD, BFA, RAH, MMR, LVS, DDSOn 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 | >>
July 28, 2015
07:13 EDTGLWCorning reports Q2 core EPS 38c, consensus 37c
Subscribe for More Information
July 27, 2015
15:30 EDTGLWCorning technical comments ahead of earnings
Shares have been in a well-defined downtrend since the highs of February of this year. If news continues to be bearish, the next support based on the current price of $18.43 would be at $17.56 and then at the 52-week low at $17.03. That low was also a pivot low from October of last year. Support below $17.03 would be at $16.55. If the news is a bullish surprise, the first resistance level of significance would be at the 30-day moving average at $19.73. This average is also a good proxy for the upper bound of the current bearish price channel. It would take a breakout above this level to turn the trend to bullish. Next resistance in that event would be at $20.94.
15:03 EDTGLWNotable companies reporting before tomorrow's open
Subscribe for More Information
12:44 EDTGLWEarnings Watch: Corning expecting LCD glass volume up low single-digits
Subscribe for More Information
11:53 EDTGLWCorning July weekly volatility increases into Q2 and outlook
Corning July weekly call option implied volatility is at 77, August is at 39, September is at 32; compared to its 52-week range of 17 to 37, suggesting large near term price movement into the expected release of Q2 results on July 28.
10:40 EDTACADIsis 'most obvious' Biogen takeover target, TheStreet's Feuerstein says
Subscribe for More Information
July 24, 2015
06:42 EDTBBarnes Group reports Q2 organic sales up 4%
Subscribe for More Information
06:40 EDTBBarnes Group CEO sees FY15 a year of "good organic growth"
Subscribe for More Information
06:38 EDTBBarnes Group narrows FY15 EPS view to $2.45 to $2.55 from $2.45-$2.60
Subscribe for More Information
06:33 EDTBBarnes Group reports Q2 adjusted EPS 62c, consensus 61c
Reports Q2 revenue $315M, consensus $319.83M. Q2 industrial sales were $202.6M, down 5% from $212.8M in the same period last year. Q2 aerospace sales were $112.4M, up 3% from $109.3M in the same period last year.
July 23, 2015
16:55 EDTBBarnes Group to acquire Thermoplay for EUR50M
Subscribe for More Information
07:57 EDTGLWCorning July weekly volatility elevated into Q2 and outlook
Subscribe for More Information
07:32 EDTLVSLas Vegas Sands results encouraging, says Stifel
After Las Vegas Sands (LVS) reported higher than expected Macau property-level EBITDA, Stifel says that the beat should cause analysts to raise their estimates for the company. The firm adds that the results are encouraging for all "Macau-centric operators." It raised its price target on Las Vegas Sands to $65 from $60 and keeps a Buy rating on the shares. Other companies with a major presence in Macau include Melco Crown (MPEL), Wynn Resorts (WYNN), and MGM (MGM).
July 22, 2015
19:02 EDTLVSOn The Fly: After Hours Movers
Subscribe for More Information
16:03 EDTLVSLas Vegas Sands reports Q2 adjusted EPS 60c, consensus 61c
Subscribe for More Information
15:26 EDTLVSNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Qualcomm (QCOM), consensus 95... American Express (AXP), consensus $1.32... Texas Instruments (TXN), consensus 65c... Las Vegas Sands (LVS), consensus 61c... Crown Castle (CCI), consensus $1.06... Discover Financial (DFS), consensus $1.32... Tractor Supply (TSCO), consensus $1.11... SanDisk (SNDK), consensus 33c... SL Green Realty (SLG), consensus $1.56... Xilinx (XLNX), consensus 54c... Weatherford (WFT), consensus (12c)... F5 Networks (FFIV), consensus $1.60... United Rentals (URI), consensus $1.74... Fortinet (FTNT), consensus 9c... LaSalle Hotel (LHO), consensus 89c... Oceaneering International (OII), consensus 68c... Cheesecake Factory (CAKE), consensus 62c.
13:02 EDTLVSLas Vegas Sands technical notes ahead of earnings
Subscribe for More Information
06:41 EDTLVSLas Vegas Sands volatility elevated into Q2 and outlook
Subscribe for More Information
July 21, 2015
16:27 EDTGLWCorning's Antimicrobial Gorilla Glass selected by ZTE
Subscribe for More Information
July 20, 2015
08:12 EDTBBarnes Group management to meet with Jefferies
Subscribe for More Information
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