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Stock Market & Financial Investment News

News Breaks
February 13, 2013
11:57 EDTRAX, MW, VCLK, ALRHigh option volume stocks: RAX MW VCLK ALR EPI
News For RAX;MW;VCLK;ALR From The Last 14 Days
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May 20, 2013
09:11 EDTRAXRackspace re-initiated with a Market Perform at Raymond James
May 16, 2013
10:03 EDTVCLKOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
07:20 EDTVCLKValueClick initiated with an Underperform at Northland Securities
Target $21.
05:56 EDTRAXStocks with implied volatility below IV index mean; RAX MBI
Stocks with implied volatility below IV index mean; Rackspace (RAX), MBIA (MBI) according to IVolatility.
May 15, 2013
11:16 EDTRAXOptions with decreasing implied volatility: RAX CSC SPPI MBI PANL
06:16 EDTRAXStocks with implied volatility below IV index mean; RAX MBI
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05:59 EDTVCLKCorporate boards recruit newcomers with digital knowledge, WSJ reports
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May 14, 2013
12:16 EDTVCLKOptions with decreasing implied volatility: MM PANL DGIT VCLK THRX
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10:01 EDTALROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AVG Technologies (AVG) downgraded to Neutral from Buy at Goldman... Cigna (CI) downgraded to Hold from Buy at Jefferies... Cree (CREE) downgraded to Neutral from Buy at Sterne Agee... Melco Crown (MPEL) downgraded to Neutral from Buy at UBS... SolarCity (SCTY) downgraded to Neutral from Buy at Roth Capital... KB Home (KBH) downgraded to Market Perform from Outperform at Raymond James... Ryland Group (RYL) downgraded to Underperform from Market Perform at Raymond James... Alere (ALR) downgraded to Hold from Buy at Craig-Hallum... Evolution Petroleum (EPM) downgraded to Hold from Buy at MLV Equity... Oil States (OIS) downgraded to Hold from Buy at BB&T... VIVUS (VVUS) downgraded to Neutral from Buy at Lazard Capital.
07:55 EDTALRAlere downgraded to Hold from Buy at Craig-Hallum
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06:15 EDTRAXStocks with implied volatility below IV index mean; RAX IBM
Stocks with implied volatility below IV index mean; Rackspace (RAX), MBIA (MBI) according to IVolatility.
May 13, 2013
06:13 EDTRAXStocks with implied volatility below IV index mean; RAX MBI
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May 10, 2013
06:07 EDTRAXStocks with implied volatility below IV index mean; RAX MBI
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May 9, 2013
16:47 EDTRAXOn The Fly: Closing Wrap
Stocks on Wall Street were lower, breaking the recent streak of the Dow and S&P 500 setting new closing highs. The averages moved higher during the afternoon, as the dollar topped the Y100 level for the first time in three years, though the averages fell again and failed to regain positive territory into the close. ECONOMIC EVENTS: In the U.S., jobless claims fell 4K from the prior week to 323K, which was below the consensus 335K claim forecast. Wholesale inventories rose 0.4% in March, which matched expectations. In Asia, Chinese consumer prices increased 2.4% in April, which was just above expectations, and producer prices fell 2.6%, which was more than expected. Also, the Bank of Korea unexpectedly cut its interest rate. COMPANY NEWS: Two heavily shorted stocks, Tesla (TSLA) and Green Mountain Coffee Roasters (GMCR), surged after reporting quarterly earnings after yesterday's close. Tesla added $13.61, or 24.4%, to $xx 69.40 after its top and bottom line results beat Street estimates and it raised its full-year vehicle delivery outlook to 21,000 from 20,000 vehicles. Green Mountain shares gained $16.56, or 27.84%, to $76.04 after the company's earning came in better than expected and it announced a long-term strategic partnership with Starbucks. MAJOR MOVERS: Among the notable gainers was Barnes & Noble (BKS), up $4.31, or 24.25%, to $22.08 after a report saying Microsoft (MSFT) is considering acquiring the digital assets of Nook Media. Also higher was News Corp. (NWSA), up $1.43, or 4.49%, to $33.29 after its third quarter earnings were in-line and its revenues topped consensus estimates. Among the noteworthy losers Rackspace (RAX), down $12.88, or 24.66%, to $39.36 after its second quarter revenue missed Street estimates and its stock received downgrades from at least four analyst firms. Also lower following its quarterly report was Monster Beverage (MNST), which fell $2.96, or 5.2%, to $54.01. INDICES: The Dow was down 22.50, or 0.15%, to 15,082.62; the Nasdaq was down 4.10, or 0.12%, to 3,409.17; and the S&P 500 was down 6.02, or 0.37%, to 1,626.67.
12:35 EDTRAXOn The Fly: Midday Wrap
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12:00 EDTRAXRackspace falls 26.1%
Rackspace is down 26.1%, or $13.64, to $38.60
10:08 EDTRAXOn The Fly: Analyst Downgrade Summary
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10:08 EDTRAXOn The Fly: Analyst Upgrade Summary
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10:00 EDTRAXRackspace falls 24.8%
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09:22 EDTRAXRackspace weakness creates buying opportunity, says JMP Securities
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