New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 23, 2012
13:15 EDTALU, RIMM, OCZ, BAX, MAPP, WMTOn The Fly: Closing Wrap
Stocks on Wall Street were higher during the post-holiday short session, with each of the major averages adding over 1%. Following an initial move higher in the first hour after the bell, aided by some encouraging economic data from abroad, the indices drifted higher for the remainder of the day and closed at their highs... ECONOMIC EVENTS: In the U.S., no major economic data was released, however, in Europe, separate reports showed business confidence increased in November in both Germany and France. Also, in China, HSBC's Manufacturing Purchasing Managers' Index increased to 50.4, indicating expansion... COMPANY NEWS: Wal-Mart (WMT) announced had its "best ever Black Friday events" in spite of some scattered strikes by workers and shares advanced $1.31, or 1.90%, to $70.20... Research in Motion (RIMM) shares benefited a day after National Bank raised it price target on the stock to $15 from $12. The firm said in a note to investors yesterday that RIM's new management team is executing by maintaining the BlackBerry subscriber base and U.S. listed shares rose $1.40, or 13.65%, to $11.66 in their first day of trading following the bullish write-up... Shares of Baxter (BAX) moved up $2.69, or 4.07%, to $68.81 after The Wall Street Journal said the company is in talks to buy medical-equipment maker Gambro for about $4B to round out its kidney-dialysis business... MAJOR MOVERS: Among the notable gainers were Alcatel-Lucent (ALU), up 10c, or 10.00%, to $1.10 after Bloomberg said the company is in talks with Goldman Sachs (GS) on a loan to strengthen its balance sheet, and MAP Pharmaceuticals (MAPP), up $2.60, or 20.28%, to $15.42 after the company announced that the FDA accepted its Levadex resubmission with a six-month review. Among the noteworthy losers was OCZ Technology (OCZ), which fell 3c, or 2.52%, to $1.16 following its disclosure of a SEC inquiry... INDICES: The Dow was up 172.79, or 1.35%, to 13,009.68; the Nasdaq was up 40.30, or 1.38%, to 2,966.85; and the S&P 500 was up 18.12, or 1.30%, to 1,409.15.
News For RIMM;WMT;BAX;ALU;MAPP;OCZ 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 | all recent news | >>
May 15, 2015
17:31 EDTBAXBaxter gets FDA approval for Spain facility to produce Sodium Chloride Injection
Subscribe for More Information
May 14, 2015
07:58 EDTWMTWal-Mart risk/reward favorable into Q1 results, says Baird
Subscribe for More Information
May 13, 2015
18:09 EDTWMTWal-Mart to launch $50 unlimited shipping service in summer, AP says
Subscribe for More Information
13:43 EDTALUAlcatel-Lucent, Flextronics sign LOI for sale of Trieste optical transport plant
Subscribe for More Information
13:28 EDTWMTWal-Mart set to launch Amazon Prime rival, The Information reports
Wal-Mart (WMT) is nearing the launch of a subscription fast-shipping service that will compete with Amazon Prime (AMZN), Amir Efrati of The Information reports, citing people involved with or briefed on the product. The service is an attempt to boost Wal-Mart's online business and should launch in the next few weeks after being pushed back for technical and other issues, Efrati adds. Shares of Amazon are down $2.63 to $428.39 in afternoon trading while Wal-Mart is down 66c to $78.30. Reference Link
13:23 EDTWMTWal-Mart set to launch rival to Amazon Prime, The Information reports
Subscribe for More Information
10:40 EDTBAXBaxter to host two day investor meeting
Two day Investor meeting to be held in New York May 18-19.
07:06 EDTWMTAlibaba, Wal-Mart partner on consumer payments, China Daily reports
Alibaba (BABA) announced that it would partner with Wal-Mart (WMT) in China on consumer bill payments, according to China Daily. Under the deal, 25 Wal-Mart stores in the city of Shenzhen will enable consumers to pay their bills through Alibaba's payment service, and the arrangement will be gradually expanded to all of Wal-Mart's stores in China, the newspaper stated. Reference Link
May 12, 2015
09:14 EDTWMTApps World to hold a conference
Subscribe for More Information
09:02 EDTBAXBaxter expects to establish BioScience business as separate business by mid-year
Subscribe for More Information
09:01 EDTBAXBaxter to acquire Oncaspar product portfolio from Sigma-Tau for $900M
Subscribe for More Information
08:27 EDTWMTU.S. Chamber of Commerce to hold a summit
Subscribe for More Information
07:06 EDTBAXKamada sees FY15 revenue $70M-$73M, consensus $78.69M
Kamada (KMDA) sees revenue from its Distributed Product Segment projected to be between $26 million and $28 million and revenue from its Proprietary Products Segment projected to be between $45 million and $47 million. The company notes that revenue projections for 2015 take into account an expected negative foreign exchange impact of approximately $2.0 million in relation to product sales in Israel and Russia, and presume that U.S. revenue from the agreement with Baxter (BAX) remains on track.
May 11, 2015
09:59 EDTALUOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alcatel-Lucent (ALU) upgraded to Outperform from Neutral at Exane BNP Paribas... Caterpillar (CAT) upgraded to Outperform at Baird... Cisco (CSCO) upgraded to Outperform with $36 target at Pacific Crest... Evolution Petroleum (EPM) upgraded to Outperform from Market Perform at Northland... Hecla Mining (HL) upgraded on hedging discipline at Roth Capital... Joy Global (JOY) upgraded to Outperform from Neutral at Baird... Monster Beverage (MNST) upgraded to Buy from Neutral at Citigroup... Nokia (NOK) upgraded to Outperform from Neutral at Exane BNP Paribas... On Deck Capital (ONDK) upgraded to Neutral from Sell at Sterne Agee CRT... Royal Caribbean (RCL) upgraded to Outperform from Neutral at Wedbush... SMC (SMECF) upgraded to Buy from Neutral at Goldman... Sally Beauty (SBH) upgraded to Outperform from Market Perform at Raymond James... Southwestern Energy (SWN) upgraded to Overweight from Equal Weight at Barclays... Sprouts Farmers Markets (SFM) upgraded to Outperform at BMO Capital... Suburban Propane (SPH) upgraded on positive outlook at Stifel... Suffolk Bancorp (SUBK) upgraded to Outperform from Market Perform at Keefe Bruyette... Syngenta (SYT) upgraded to Buy from Neutral at UBS... Triumph Group (TGI) upgraded to Outperform from Sector Perform at RBC Capital... United Natural Foods (UNFI) upgraded to Overweight from Equal Weight at Stephens... Web.com (WWWW) upgraded to Buy from Hold at Deutsche Bank... Zillow Group (Z) upgraded to Buy from Neutral at SunTrust.
05:31 EDTALUNokia upgraded to Outperform from Neutral at Exane BNP Paribas
Subscribe for More Information
05:31 EDTALUAlcatel-Lucent upgraded to Outperform from Neutral at Exane BNP Paribas
Subscribe for More Information
May 10, 2015
14:12 EDTWMTWhole Foods stock unlikely to outperform in near-term, Barron's says
Subscribe for More Information
May 8, 2015
10:01 EDTALUOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aerie Pharmaceuticals (AERI) upgraded to Buy from Hold at Cantor... Alcatel-Lucent (ALU) upgraded to Buy from Hold at Societe Generale... Alibaba (BABA) upgraded to Buy from Neutral at Goldman... CME Group (CME) upgraded to Buy from Hold at Evercore ISI... Choice Hotels (CHH) upgraded to Buy from Underperform at BofA/Merrill... Coach (COH) upgraded to Buy from Hold at HSBC... Commerzbank (CRZBY) upgraded to Buy from Hold at Deutsche Bank... Consolidated Communications (CNSL) upgraded to Buy from Hold at Drexel Hamilton... Cutera (CUTR) upgraded to Overweight from Neutral at Piper Jaffray... EarthLink (ELNK) upgraded to Hold from Underperform at Jefferies... Enable Midstream (ENBL) upgraded to Outperform from Neutral at Credit Suisse... Ericsson (ERIC) upgraded to Buy from Neutral at UBS... Essex Property Trust (ESS) upgraded to Outperform from Neutral at Baird... Forest City (FCE.A) upgraded to Buy from Neutral at Citigroup... General Growth (GGP) upgraded on operational, growth outlook at RBC Capital... Globe Specialty Metals (GSM) upgraded to Overweight from Neutral at JPMorgan... HNI Corporation (HNI) upgraded to Outperform from Market Perform at Raymond James... Invesco Mortgage (IVR) upgraded to Outperform from Market Perform at Keefe Bruyette... Lennar (LEN) upgraded to Overweight from Equal Weight at Barclays... Marathon Oil (MRO) upgraded to Outperform from Market Perform at Wells Fargo... Mercer (MERC) upgraded to Outperform from Neutral at Macquarie... Nokia (NOK) upgraded to Buy from Neutral at UBS... Nuance (NUAN) upgraded to Buy from Hold at Craig-Hallum... Pattern Energy (PEGI) upgraded to Buy from Hold at Desjardins... PennantPark (PNNT) upgraded to Outperform from Market Perform at FBR Capital... Philip Morris (PM) upgraded to Neutral from Sell at Goldman... Rayonier (RYN) upgraded to Buy from Neutral at DA Davidson... Rosetta Resources (ROSE) upgraded to Hold from Reduce at KLR Group... Telekom Indonesia (TLK) upgraded to Buy from Neutral at Citigroup... Wisconsin Energy (WEC) upgraded to Hold from Sell at Evercore ISI.
08:32 EDTALUAlcatel-Lucent upgraded to Buy from Hold at Societe Generale
Subscribe for More Information
06:02 EDTWMTWal-Mart expects to invest C$350M in Canadian market
Subscribe for More Information
1 | 2 | 3 | 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