New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 5, 2014
09:09 EDTFIVE, RCAP, CIEN, SSNLF, TWTR, JOY, VRNT, CLVS, PVH, BKS, TMUS, TSL, RATE, AXAS, HALO, VRA, RAD, NVAX, SOn The Fly: Pre-market Movers
HIGHER: Sprint (S), up 2% after Reuters reported that the company agreed to purchase T-Mobile (TMUS) U.S. for $40 per share... Twitter (TWTR), up 2.4% after the Financial Times reported that the firm weighed an acquisition of Spotify and other music services... Barnes & Noble (BKS), up 3.2% after announcing a partnership with Samsung (SSNLF) to create co-branded tablets... Ciena (CIEN), up 14.8% after reporting better than expected Q2 earnings results... Halozyme Therapeutics (HALO), up 15.2% after the FDA removed the clinical hold on patient enrollment and dosing of PEGPH20 in the ongoing Phase 2 trial... Clovis (CLVS), up 4.3% after upgraded at Stifel... Abraxas Petroleum (AXAS), up 7.7% after upgraded at SunTrust following the company's raised FY14 production guidance... Verint Systems (VRNT), up 8.4% after upgraded at Credit Suisse following better than expected Q1 results and raised FY15 guidance... Five Below (FIVE), up 2.6% after reporting Q1 earnings results... Bankrate (RATE), up 1.9% after upgraded at RBC Capital... Joy Global (JOY), up 3.2% after reporting better than expected Q2 earnings results. LOWER: RCS Capital (RCAP), down 7.3% after 24M share Secondary priced at $20.25... Rite Aid (RAD), down 7.1% after lowering its FY15 EPS outlook... Novavax (NVAX), down 7.5% after filing to sell $100M of common stock... PVH Corp. (PVH), down 6.3% after lowering FY14 guidance... Trina Solar (TSL), down 4% after filing to sell 8.8M American Depositary Shares... Vera Bradley (VRA), down 11.3% after reporting lower than expected Q1 earnings results...
News For S;TMUS;TWTR;RAD;BKS;SSNLF;VRA;PVH;CIEN;HALO;CLVS;RCAP;AXAS;VRNT;FIVE;RATE;JOY;NVAX;TSL 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 | 4 | 5 | 6 | 7 | 8 | all recent news | >>
December 8, 2014
10:16 EDTTWTRTwitter falls to session lows, levels to watch
Subscribe for More Information
09:14 EDTCIEN Ciena volatility increase into Q4 and outlook
Subscribe for More Information
08:54 EDTFIVEFive Below Q4, FY15 guidance conservative, says Janney Capital
Subscribe for More Information
07:40 EDTAXASMany E&P target prices lowered at SunTrust
Subscribe for More Information
06:15 EDTSSNLFLenovo shipments expected to lead Samsung by 9M in 2015, DigiTimes reports
Lenovo (LNVGY) is estimated to beat Samsung (SSNLF) in mobile device shipments in 2015 by about 9M units, reports DigiTimes Research. Lenovo is set to beat Samsung by about 1M units in 2014 and become the second largest mobile computing device brand vendor worldwide behind Apple (AAPL). DigiTimes Research says Lenovo and Samsung plan to focus on maintaining tablet shipments as demand weakens in 2015. Reference Link
06:11 EDTTSLTrina Solar acquires 28% stake in Shuntai Leasing
Trina Solar announced it has entered into a share purchase agreement to acquire a 28% stake in Shuntai Leasing Company Limited. Total registered capital of Shuntai is approximately $50M. Changzhou Hi-tech Jinlong Holdings, a subsidiary of Changzhou Hi-tech Group Co., is the major shareholder of Shuntai. Changzhou Hi-tech Group is one of the largest state-owned companies in Changzhou covering a wide range of businesses including government financing, city development and operation of business enterprises. The group also owns several financing institutions and has raised approximately $5.5B in the past years. Trina Solar has also signed a cooperation agreement with Shuntai to finance the company's downstream projects and solar manufacturing business by leveraging Shuntai's leasing platform.
06:00 EDTTWTRTwitter's former head of product leaving company, Re/code reports
Daniel Graf, who was replaced by Kevin Weil as head of product last month, is leaving the company, Re/code reports. Reference Link
December 5, 2014
16:52 EDTFIVE, BKSDow just below 18K as market finishes week with gains
Subscribe for More Information
15:12 EDTBKSBarnes & Noble NOOK said to be potential target for Wal-Mart, Bloomberg reports
Wal-Mart (WMT) is interested in e-books and could target Barnes & Noble's (BKS) NOOK Media, said TheDeal, according to Bloomberg.
12:50 EDTFIVEOn The Fly: Midday Wrap
Subscribe for More Information
12:03 EDTFIVEFive Below plummets after Q4, FY14 outlooks trail analysts' estimates
Subscribe for More Information
11:23 EDTTWTROption volume leaders
Subscribe for More Information
10:46 EDTFIVEBig Lots tumbles after Q3 results misses estimates
Shares of closeout retailer Big Lots (BIG) are lower this morning after the company's third quarter earnings failed to meet analyst estimates. WHAT'S NEW: Big Lots reported Q3 earnings per share of (6c) and revenue of $1.11B, missing analysts' consensus estimates of (5c) and $1.12B, respectively. Same store sales increased 1.4% for the quarter, the company said. Big Lots said Jennifer, its core customer, is responding positively to the improved merchandising strategies such as the recent expansion of its Food category and the Furniture lease-to-purchase program. Inventory ended the quarter at $1.08B vs. $1.24B for the previous year. Looking ahead, Big Lots raised the high end of its fourth quarter EPS view to $1.70-$1.80 from $1.70-$1.76 against analysts' consensus estimates of $1.78. and backed its Q4 SSS view of a low single digit increase. For fiscal year 2014, Big Lots backed its FY14 EPS view of $2.40-$2.50 against analysts' estimates of $2.49 and SSS guidance of up 1%-2%. WHAT'S NOTABLE: During the conference call to discuss Q3 earnings, Big Lots said it expects to see double digit drops in Electronics in the fourth quarter. Big Lots said it was encouraged by the start of November where comps were up by 2%, but also commented on less than favorable results from Thanksgiving and Black Friday, with one executive noting the lack of traffic at store checkouts during Black Friday. The retailer also said it sees positive opportunity for January in food, furniture and home. PRICE ACTION: During morning trading, Big Lots fell $6.56, or 13.68, to $41.39. OTHERS TO WATCH: Five Below (FIVE), which reported in-line third quarter EPS and a lower-than-expected fourth quarter and fiscal year 2014 outlook, is down 12.3% to $37.56.
10:40 EDTPVHOptions with decreasing implied volatility
Subscribe for More Information
10:20 EDTFIVEFive Below falls, levels to watch
Subscribe for More Information
09:17 EDTFIVEOn The Fly: Pre-market Movers
Subscribe for More Information
08:55 EDTTWTRYahoo seen overtaking Twitter in U.S. mobile ad market share, WSJ reports
Research firm eMarketer predicts Google (GOOG, GOOGL) and Facebook (FB) will account for about 35% and 17%, respectively, of the U.S. mobile ad market in 2015, but the firm also expects Yahoo (YHOO) will edge past Twitter (TWTR) in terms of mobile ad revenue, with projected market shares of 3.74% and 3.69%, respectively, reported The Wall Street Journal. Reference Link
07:54 EDTFIVEFive Below pullback a buying opportunity, says Jefferies
Subscribe for More Information
07:47 EDTFIVEFive Below weakness would present buying opportunity, says UBS
UBS believes weakness in Five Below shares following the company's Q3 report would be a buying opportunity. The firm sees its issues as temporary and thinks they should be resolved in the next quarter or two and said management comments surrounding the company's mixed Black Friday weekend sales could cause the stock to be mispriced. UBS reiterated its Buy rating but lowered its price target to $48 from $50 on Five Below shares.
06:21 EDTSSNLFDRAMeXchange: DRAM spot prices hit 7-month low, DigiTimes says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 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