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Stock Market & Financial Investment News

News For SNE;CAT;HES;BBY;KERX;FURX;JOSB;ROP;MW;RPRX;BBBY From The Last 14 Days
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March 1, 2015
18:37 EDTMWMen's Wearhouse could see pressure due to Jos. A. Bank merger, Barron's says
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17:44 EDTBBYSprint, Best Buy announce 'Best Buy One Plan'
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February 27, 2015
17:56 EDTHESHess Corp. files automatic mixed securities shelf
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09:46 EDTBBYBest Buy management to meet with JPMorgan
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09:32 EDTMWMen's Wearhouse downgraded to Sell from Neutral at Tigress Financial
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09:24 EDTKERXOn The Fly: Pre-market Movers
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08:59 EDTSNESony fires Sony Pictures Digital president, Variety says
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08:52 EDTKERXKeryx CFO to leave company by October
Keryx Biopharmaceuticals disclosed in a regulatory filing a planned consolidation of its finance and accounting function into its Boston office and that its CFO, James Oliviero, will be leaving Keryx by October. In connection with this transition, the company entered into an employment agreement with Oliviero that became effective on February 26 and will terminate on October 1, but may be extended upon the mutual agreement of the parties. The company has commenced a search for a new CFO who will be based in its Boston office. Oliviero will continue to manage the company’s finance and accounting team during the remainder of his tenure and will assist in the transition of his duties to the new CFO, Keryx said.
07:14 EDTKERXKeryx reports Q4 EPS (44c), consensus (37c)
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February 26, 2015
12:04 EDTBBYBest Buy volatility increases into Q4 and outlook
Best Buy March weekly call option implied volatility is at 60, March is at 42, April is at 35, June is at 34; compared to its 26-week average of 41 according to Track Data, suggesting large near term price movement into the expected release Q4 results on March 3.
February 25, 2015
09:36 EDTBBBYBed Bath & Beyond Q4 comp sales trending below conensus, says Cleveland Research
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08:45 EDTSNEEros International announces content partnership with Sony Television
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February 24, 2015
13:01 EDTSNETom Rothman to replace Amy Pascal at Sony Pictures, FT reports
Former Fox Filmed Entertainment (FOXA) co-Chairman Tom Rothman will replace Amy Pascal as co-chairman of Sony Pictures (SNE), The Financial Times reports. Sony Entertainment CEO Michael Lynton has extended his contract, the publication notes. Rothman has run Sony's TriStar label since 2013. Reference Link
February 23, 2015
07:27 EDTSNESony breach underscored failings in corporate, government cooperation, WSJ says
A Wall Street Journal review of the hack attack on Sony Entertainment shows that the companies and government agencies fighting the hackers based some decisions on little information or consultation since the parties often held too closely to their own interests, illustrating major shortcomings in how the government and companies work together to respond to such attacks. The Journal cites interviews with executives, U.S. officials and people briefed on their conversations in its report. Reference Link
February 20, 2015
06:11 EDTSNESony may be contemplating replacing CEO Hirai with CFO Yoshida, NY Post says
Sony may be considering replacing CEO Kaz Hirai with current CFO Kenichiro Yoshida, reports the New York Post, citing several Hollywood sources. Yoshida has received heavy media praise for his restructuring efforts and is currently set to add the title of executive deputy president in April. The article emphasizes that this is speculation among Hollywood figures. Reference Link
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