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Stock Market & Financial Investment News

News Breaks
February 13, 2013
12:05 EDTAKAM, RVBD, YELP, SPWR, FOSLOptions with deceasing implied volatility: RVBD FOSL YELP AKAM SPWR
News For RVBD;FOSL;YELP;AKAM;SPWR From The Last 14 Days
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February 5, 2016
08:14 EDTYELPYelp volatility elevated into Q4 and outlook
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February 3, 2016
10:35 EDTYELPYelp losing traffic share, says B. Riley
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January 31, 2016
20:43 EDTAKAMOn The Fly: Top five weekend stock stories
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Coca-Cola (KO) announced a minority stake in diary and juice company Chi, with plans to take full ownership within three years. 2. Billionaire investor Nelson Peltz is considering taking an activist position in Time Warner (TWX), the New York Post reported. 3. Toyota (TM) could temporarily halt domestic production after an explosion at a key supplier curbed its supply of steel, Reuters said. 4. Investigations into Herbalife (HLF), as well as investigations into Bill Ackman himself, have fizzled and criminal charges look unlikely, the Wall Street Journal revealed. 5. Virtu Financial (VIRT) and Ctrip (CTRP) were discussed positively by Barron's this week, as well as "tech bargains" Autodesk (ADSK), Akamai (AKAM), Western Digital (WDC), SanDisk (SNDK) and Lam Research (LRCX) and attractive banking stocks Citi (C), JPMorgan (JPM), Bank of America (BAC) and Wells Fargo (WFC).
12:44 EDTAKAMAutodesk, Akamai among top tech picks after January selloff, Barron's says
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January 28, 2016
14:11 EDTSPWRCalifornia PUC approves new net-metering rules
The California Public Utilities Commission voted 3-2 in favor of the proposed Net Energy Metering Successor Tariff.
January 26, 2016
14:02 EDTAKAMLimelight Networks seeks Supreme Court review of Circuit's Akami decision
Limelight Networks (LLNW) is seeking review by the Supreme Court of the United States of the Federal Circuit's decision to reinstate the 2008 jury verdict that Limelight infringed an Akamai (AKAM) patent. Limelight filed its petition with the Supreme Court earlier. Limelight believes that the Federal Circuit's newly created conduct-attribution standard improperly expands the scope of liability in a fashion that was neither intended by Congress nor consistent with prior legal precedent. As the petition notes, prior to the August 2015 decision to reinstate the jury verdict, the Federal Circuit repeatedly ruled that the district court had correctly determined that Limelight did not infringe Akamai's patent. The court gave no adequate explanation for its sudden reversal. "The court's decision to abandon longstanding, clear and easy-to-follow rules of engagement in favor of an ambiguous 'particular facts presented' standard for infringement liability deprives parties of fair notice concerning the scope of patent protection and ensures a significant increase in needlessly burdensome litigation throughout the technology world," said Bob Lento, Limelight's chief executive officer. "We are hopeful that the Supreme Court will address this issue of extraordinary importance and reverse the Federal Circuit's rootless and erroneous standard. While we continue to pursue all available options, I want to thank our customers, peers in the industry and employees for their support. We remain focused on improving our operational and financial performance and will report our full year results on February 9th."
13:13 EDTYELPYelp spike attributed to takeover speculation
An early afternoon spike in shares of Yelp (YELP) is being attributed to takeover speculation. A rumor has Priceline (PCLN) interested in a potential acquisition of Yelp, trading sources tell The Fly. Shares of Yelp are up 68c to $22.34 in early afternoon trading after earlier spiking as high as $22.87. The Fly, in fulfilling its mission of explaining stock movement, often comes across the many unconfirmed rumors being passed through trading desks and social media platforms. On the occasion that rumors or speculation appear on The Fly's news feed, it should be viewed not as giving credence to the conjecture, rather as simply highlighting its impact on the stock prices of the companies involved.
13:13 EDTYELPYelp January weekly calls active
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January 25, 2016
10:22 EDTSPWROptions with decreasing implied volatility
Options with decreasing implied volatility: SRPT SPWR NFLX CREE FFIV ISRG TIF MXIM QIHU IBM

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