New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 5, 2012
08:49 EDTUA, VFC, LIZ, HBI, PVH, RL, COLM, GIL, KORS, GPS, WRCIndian cotton export ban likely to decrease supply, increase prices, WSJ says
India, the world's second-largest cotton exporter after the U.S., suddenly and without explanation banned cotton exports until further notice, which will likely tighten global supply and drive higher international prices, reported The Wall Street Journal. Reference Link
News For RL;VFC;KORS;PVH;UA;GIL;HBI;WRC;COLM;LIZ;GPS 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 | >>
July 24, 2015
07:07 EDTUAUnder Armour upgraded to Sector Weight from Underweight at KeyBanc
Subscribe for More Information
July 23, 2015
18:21 EDTUAOn The Fly: Top stock stories for Thursday
Stocks began the session mixed on the heels of weak earnings reports from both Caterpillar (CAT) and 3M (MMM). The Nasdaq managed to spend most of the day in positive territory but joined the other averages in negative territory by mid-afternoon. Selling picked up momentum towards late afternoon, and by day’s end each of the averages were lower by more than 0.4%, with the Dow losing nearly 0.7%. ECONOMIC EVENTS: In the U.S., initial jobless claims fell to 255,000 in the week ended July 18, below the 278,000 first-time claims that were expected. The Leading Economic Indicators advanced 0.6% in June, exceeding expectations for a 0.3% increase. In Asia, the Shanghai Composite index advanced for a sixth straight session, adding another 2.4%. In Europe, the Greek Parliament voted to accept creditor terms for a new bailout, though a decision on when to reopen Greek financial markets was deferred to next week. COMPANY NEWS: Shares of General Motors (GM) finished the session up 3.96% to $31.50 after reporting earnings per share above analyst expectations. Other notable names rising following earnings reports include SanDisk (SNDK), Under Armour (UA), Southwest (LUV)... Caterpillar, meanwhile, dropped $2.86, or 3.59%, to $76.90 after cutting its yearly guidance during this morning's earnings report, with the company noting a "relatively stagnant" global economy. Also lower following earnings were Comcast (CMCSA, CMCSK), Bristol-Myers Squibb (BMY), Dunkin Brands (DNKN), and Boston Scientific (BSX). MAJOR MOVERS: Among the notable gainers was Cigna (CI), which rose $3.29, or 2.18%, to $154.36 after the Wall Street Journal reported last night that Anthem (ANTM) is nearing a deal to acquire the company for roughly $187, representing a total transaction value of over $48B. Adding to that report, CNBC's David Faber said on Thursday morning that Anthem will announce an agreement Friday to purchase Cigna for $188 per share, at a 45% equity, 55% cash split. Also higher were shares of numerous IT security companies, with FireEye (FEYE) advancing 4.53% and Palo Alto Networks (PANW) adding 2.33% after earnings reports from security firms Fortinet (FTNT) and F5 Networks (FFIV) beat on both top and bottom lines. Fortinet and F5, meanwhile, finished Thursday's session up 10.71% and 7.75% to $46.83 and $127.68, respectively. Among the noteworthy losers following earnings was McDonald's (MCD), which edged down 0.52% to $97.10 after noting that Q2 global comparable sales fell 0.7% for the quarter, including a 2% decline in U.S. same-store sales. Also lower was Hertz (HTZ), which declined 8.53% to $16.45 following a downgrade to Underweight at Morgan Stanley, with the research firm citing increased competition from Uber and similar mobility services. INDEXES: The Dow fell 119.12, or 0.67%, to 17,731.92, the Nasdaq lost 25.36, or 0.49%, to 5,146.41, and the S&P 500 declined 12.00, or 0.57%, to 2,102.15.
17:31 EDTUAUnder Armour announces multi-year partnership with FC St. Pauli
Subscribe for More Information
15:29 EDTUAUnder Armour price target raised to $114 from $96 at Citi
Subscribe for More Information
15:05 EDTVFCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include AbbVie (ABBV), consensus $1.06... Biogen (BIIB), consensus $4.10... Simon Property Group (SPG), consensus $2.36... State Street (STT), consensus $1.37... V.F. Corp. (VFC), consensus 36c... Johnson Controls (JCI), consensus 91c... American Airlines (AAL), consensus $2.60... Rockwell Collins (COL), consensus $1.30... Cabot Oil & Gas (COG), consensus 4c... Lear (LEA), consensus $2.48... Encana (ECA), consensus (15c).
12:32 EDTUAOn The Fly: Top stock stories at midday
Subscribe for More Information
10:00 EDTKORSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
10:00 EDTVFCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:13 EDTUAOn The Fly: Pre-market Movers
Subscribe for More Information
09:08 EDTUAUnder Armour expects to spend more on marketing in FY15 than any other year
Subscribe for More Information
08:48 EDTVFCVF Corp. upgraded to Buy from Neutral at Buckingham
Buckingham upgraded VF Corp. to Buy and increased its price target to $86 from $70. The firm has increased confidence the company can outperform driven by a strong brand portfolio, pricing power, and best-in-class growth.
08:48 EDTKORSMichael Kors downgraded to Neutral from Buy at Buckingham
Subscribe for More Information
07:18 EDTUAUnder Armour raises FY15 revenue to $3.84B from $3.73B, consensus $3.83B
Raises FY15 operating income to $405M-$408M from $400M-$408M. The 2015 guidance continues to reflect the net dilutive impact from the Connected Fitness acquisitions, as well as the impact of the strong dollar negatively impacting our operating margin within our international businesses.
07:17 EDTUAUnder Armour reports Q2 apparel net revenue up 23% to $515M
Reports Q2 footwear net revenue up 40% to $154M. Reports Q2 accessories net revenue up 39% to $83M.
07:16 EDTUAUnder Armour reports Q2 EPS 7c, consensus 5c
Reports Q2 revenue $783.58M, consensus $762.15M.
July 22, 2015
15:26 EDTUANotable companies reporting before tomorrow's open
Subscribe for More Information
14:24 EDTUAUnder Armour technical comments ahead of earnings
The stock is in a strong bullish trend near life highs ahead of earnings. If the news is strongly bullish, an extension of the long-term bullish price channel would suggest a move into the $100 area would be possible. That is, without breaking above the upper bound of the channel. Without established overhead resistance, price could run considerably further depending on the nature of the news. If the news is instead a bearish surprise, the low of the price channel at $76.49 would be the first major support. That price reflect the 10-month moving average for the shares. It would take news sufficiently bearish to break that level to turn the long-term trend to bearish.
11:22 EDTUAUnder Armour July weekly volatility elevated into Q2 and outlook
Subscribe for More Information
July 21, 2015
07:50 EDTVFCVF Corp. among best potential 2H earnings revision stories, says UBS
UBS said VF Corp. should be able to raise its 2015 guidance as the firm's channel checks show accelerating tailwinds and positive industry trends. The firm feels the company has one of the highest potential positive second half earnings revision stories in the group. UBS reiterated its Buy rating and $83 price target on VF Corp. shares.
06:07 EDTGPSONUG: Yahoo hires VP of global network from Symantec
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