New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 14, 2014
19:08 EDTJWN, CBI, AMAT, SINA, IDCC, KO, CHTR, JCP, WB, MNST, SUNE, ADSKOn The Fly: After Hours Movers
UP AFTER EARNINGS: SINA Corp (SINA), up 4%... Autodesk (ADSK), up 6%... J.C. Penney (JCP), up 3%... Applied Materials (AMAT), up 1.4%. UP AFTER 13F FILINGS: Sunedison (SUNE), up 2% after Greenlight boosted its stake... Charter Communications (CHTR), up 2.2% after Berkshire disclosed a stake... Chicago Bridge & Iron (CBI), up 3% after Berkshire raised its stake. ALSO HIGHER: Monster Beverage (MNST), up 21% after Coca-Cola (KO) announced a strategic partnership where it would take a 16.7% stake in the company, as well as swap certain brands with the energy drink maker. Coca-Cola is also trading higher by 1.4% after the announcement. LOWER AFTER EARNINGS: Nordstrom (JWN), down 3.6%... Weibo (WB), down 4.5%. ALSO LOWER: InterDigital (IDCC), down 3.2% after losing a patent case against Microsoft (MSFT).
News For SINA;ADSK;JCP;AMAT;SUNE;CHTR;CBI;MNST;KO;JWN;WB;IDCC 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 | all recent news | >>
November 11, 2014
16:01 EDTAMATOptions Update; November 11, 2014
Subscribe for More Information
10:20 EDTJWNHigh option volume stocks
High option volume stocks: RLGY TWC LITB SPM ACRX JWN OCR CALL CST ERIC
09:02 EDTJCPJ.C. Penney's challenging sales trends continue, says Cleveland Research
Cleveland Research said J.C. Penney's challenging sales trends continued in October and is positioning to increase promotional activity during the holiday season. Shares are Neutral rated.
08:08 EDTCBIChicago Bridge & Iron awarded contract by Calpine Mid-Merit
Subscribe for More Information
08:07 EDTCBIChicago Bridge & Iron awarded $40M contract by Coffeyville Resources
CB&I announced it has been awarded a contract valued in excess of $40M by Coffeyville Resources Refining & Marketing. The project scope includes the engineering, procurement, fabrication and field construction of a 22 million standard cubic feet per day hydrogen plant at its refinery in Coffeyville, Kansas.
November 10, 2014
15:44 EDTADSKAmazon Web Services to hold a conference
Subscribe for More Information
15:43 EDTCBIAmerican Petroleum Institute to hold a conference
Subscribe for More Information
13:52 EDTCHTRCharter issues statement regarding White House Title II announcement
Charter Communications released the following statement in response to the White House Title II Announcement: "Charter Communications unambiguously supports an open Internet, which is vital for consumers and central to our continued success. The extraordinary growth of broadband service in the United States, which now reaches more than 70 million households, has largely been the result of the current regulatory environment. For these reasons, we strongly oppose the reclassification of broadband as a Title II service under the Telecommunications Act. Efforts to reclassify broadband ignore the fact that the current rules have encouraged billions of dollars of investment in our broadband infrastructure and Americans' access to open, fast, and reliable service has never been greater. Applying 1930's-era, rotary telephone legislation to a 21st century computer technology comes with significant risks to consumers. It is a solution in search of a problem and threatens to undermine continued investment to improve and expand our nation's broadband infrastructure."
13:05 EDTJCPJ.C. Penney November volatility elevated into Q3 and holiday outlook
Subscribe for More Information
12:36 EDTJCPAbercrombie, American Eagle sink after analyst downgrades
Shares of specialty teen apparel retailers Abercrombie & Fitch (ANF) and American Eagle Outfitters (AEO) are falling after a number of analysts issued negative notes on the companies. WHAT'S NEW: Oppenheimer analyst Anna Andreeva downgraded Abercrombie & Fitch to Perform from Outperform. The company's earnings outlook has become less clear as its U.S. brand has not yet become popular, and retail brand turnarounds usually take awhile, Oppenheimer analyst Anna Andreeva wrote in a note to investors. Additionally, Abercrombie's international business, which has deteriorated further this year, faces "mounting uncertainty,Ē the analyst stated. The analyst slashed her price target on the name to $30 from $50. Meanwhile, Barclays analyst Matthew McClintock downgraded American Eagle Outfitters to Equal Weight from Overweight. McClintock has become more pessimistic about the outlook for American Eagle's comparative store sales in the second half of 2014, given recent data points from a number of retailers, including Abercrombie & Fitch, Kohl's (KSS), Wal-Mart (WMT), J.C. Penney (JCP), and Ann Inc. (ANN). The analyst said he saw no reason why American Eagle should significantly outperform the overall apparel sector. McClintock cut his price target on the name to $11 from $15. Meanwhile, the analyst lowered his rating on the Softline Retail sector to Negative from Positive, as he believes that the sector, which includes companies that sell products like apparel, towels, and jewelry - is facing structural difficulties that are likely to persist for the next several years. Separately, research firm Janney Capital downgraded Abercrombie to Neutral from Buy in a note to investors today. PRICE ACTION: In early afternoon trading, Abercrombie & Fitch sank 3.5% to $28.50 and American Eagle dropped 4% to $12.40.
12:24 EDTCHTROn The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday. The averages opened mixed, but very close to the flat line, and have continued to drift slowly higher from that point. There is little to stand in the way of the marketís drift, as the economic calendar is quiet, the earnings season is winding down, and the most closely watched geopolitical situations are currently status quo. ECONOMIC EVENTS: In the U.S., little of note was on the economic calendar. The Federal Reserve's newly introduced Labor Market Conditions Index was flat at 4 in October. The Fed started updating estimates of the LMCI every month beginning with last month. COMPANY NEWS: Shares of Netflix (NFLX) advanced about 1% after xxx President Barack Obama publicly urged the Federal Communications Commission to implement the "strongest possible rules" to protect net neutrality. In response, Verizon (VZ) said it supports the open Internet and continues to believe that the "light-touch regulatory approach in place for the past two decades has been central to the Internetís success," adding that it believes the reclassification Obama called for would "apply 1930s-era utility regulation to the Internet" and be a "radical reversal of course" that would threaten great harm to an open Internet, competition and innovation." A number of Internet Service Providers, including Comcast (CMCSA), Time Warner Cable (TWC), Charter (CHTR) and Cablevision (CVC), moved lower after Obama weighed in on the hot-button issue. MAJOR MOVERS: Among the notable gainers was Achillion Pharmaceuticals (ACHN), which rose 22% after the company presented data from the ongoing Phase 2 study of its Hepatitis C virus treatment at the Annual Meeting of the American Association for the Study of Liver Diseases, or AASLD. Also higher was Dean Foods (DF), which rose more than 13% after the dairy products distributorís third quarter results, as well as its fourth quarter and full year profit outlook, surpassed analystsí consensus estimates. Among the noteworthy losers was Rayonier (RYN), which dropped 13% after management determined that there was a material weakness in the company's internal controls, restated certain previously made financial statements, and cut its dividend reflecting expectations of reduced cash available for distribution due to lower expected annual harvest levels. INDEXES: Near midday, the Dow was up 18.55, or 0.11%, to 17,592.48, the Nasdaq was up 10.77, or 0.23%, to 4,643.30, and the S&P 500 was up 4.01, or 0.2%, to 2,035.93.
10:49 EDTJWNNordstrom November volatility elevated into Q3 and outlook
Subscribe for More Information
10:06 EDTCHTRVerizon says utility Internet regulation would 'threaten great harm'
Subscribe for More Information
10:01 EDTCHTRTWC, Charter, Comcast drop after Obama calls for Internet regulation
Subscribe for More Information
09:58 EDTCBIChicago Bridge & Iron volatility elevated into investor meeting
Subscribe for More Information
09:45 EDTCHTRObama urges FCC to enact 'strongest possible rules' to protect net neutrality
Subscribe for More Information
09:43 EDTCHTRObama urges FCC to enact 'strongest possible rules' to protect net neutrality
Subscribe for More Information
09:20 EDTJCPOn The Fly: Pre-market Movers
Subscribe for More Information
08:03 EDTCBICB&I awarded plant services contract renewal by Arizona Public Service
Subscribe for More Information
November 8, 2014
20:20 EDTJCPJ.C. Penney could drop 35%, Barron's says
J.C. Penney shares could drop 35% if the company misses on sales growth estimates, Barron's contends in a feature article. Reference Link
1 | 2 | 3 | 4 | 5 | 6 | 7 | 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