|
|
News Breaks | | | | January 31, 2013 | | 16:43 EDT |  | STZ, CLSN, SWKS, FTNT, SGMS, WMS, QCOM, FB, BUD, FIO | On The Fly: Closing Wrap
Stocks on Wall Street were lower after the averages moved in a narrow range for much of the session on fairly light volume ahead of tomorrow's non-farm payroll report... ECONOMIC EVENTS: In the U.S., weekly unemployment applications jumped 38K to a seasonally adjusted 368K, versus expectations for a more modest rise to 350K. The Challenger job cuts report showed planned layoffs were down 24.4% from the same period a year ago. The Commerce Department said consumer spending rose 0.2% in December, which was slightly slower than the 0.4% increase in November, though income jumped 2.6% in December for the biggest monthly gain since the end of 2004. The Chicago Purchasing Manager’s Index came in at 55.6, beating an expected reading of 50.5... COMPANY NEWS: The Department of Justice announced it was suing to prevent Anheuser-Busch InBev's (BUD) planned $20.1B deal to buy control of Grupo Modelo (GPMCF). Shares of AB InBev fell sharply after the news broke, settling down $5.54, or 5.88%, at $88.60. Constellation Brands (STZ), whose deal to acquire the remaining 50% in the Crown Import joint venture it runs with Grupo Modelo is in jeopardy from the DoJ action, lost $6.81, or 17.39%, to $32.36 following the news. However, late in the day, Bloomberg cited sources in reporting that AB InBev's talks about the merger are continuing with U.S. regulators... Facebook (FB) opened sharply lower following its quarterly report, but recovered through the day, eventually closing down only 26c, or 0.83%, at $30.98. Despite earnings and revenue that beat consensus, shares were downgraded by at least five firms as the company said it plans to invest heavily in its business in 2013... Qualcomm (QCOM) saw price targets on its shares raised around the Street following the company's Q1 results and increased guidance and closed up $2.49, or 3.92%, at $66.02... MAJOR MOVERS: Among the notable gainers was WMS Industries (WMS), up $8.38, or 51.19%, to $24.75 after agreeing to be acquired by Scientific Games (SGMS) for $26.00 per share in cash. Shares of Scientific Games opened sharply higher, but fell through the session to close down 4c, or 0.45%, at $8.89. Also higher following earnings reports that beat Street estimates were Fortinet (FTNT), up $4.24, or 21.91%, to $23.59 and Skyworks (SWKS), up $2.38, or 11.04%, to $23.94. Among the noteworthy losers was Celsion (CLSN), down $6.51, or 81.17%, to $1.51 after its Phase III HEAT study of ThermoDox did not meet its primary endpoint. Also lower was Fusion-io (FIO), down $2.61, or 12.99%, to $17.48, after its Q3 revenue view came in well below Street estimates and the stock was downgraded and price targets were cut by at least three firms... INDICES: The Dow was down 49.84, or 0.36%, to 13,860.58; the Nasdaq was down 0.18, or 0.01%, to 3,142.13; and the S&P 500 was down 3.85, or 0.26%, to 1,498.11. | |
|
News For STZ;BUD;FB;QCOM;WMS;SGMS;FTNT;SWKS;CLSN;FIO From The Last 14 Days Check below for free stories on STZ;BUD;FB;QCOM;WMS;SGMS;FTNT;SWKS;CLSN;FIO the last two weeks. |
|
|
| May 22, 2013 | | 14:27 EDT |  | FB | comScore says Google Sites lead April U.S. online video rankings
 Subscribe for More Information | | | 10:37 EDT | | FB | Pandora extends Facebook partnership with timeline App
Subscribe for More Information | | | 08:58 EDT |  | FB | Facebook management to meet with Deutsche Bank
Meeting to be held in New York on May 22 hosted by Deutsche Bank. | | | 08:03 EDT | | CLSN | Celsion announces issurance of more patents covering ThermoDox technologies
Celsion announced that its proprietary patent application, "Method of Storing Nanoparticle Formulations," has now been granted in the four largest markets for liver cancer globally: China, Japan, South Korea and most recently Taiwan. Celsion holds an exclusive license agreement with Duke University for its temperature sensitive liposome technology which covers the ThermoDox formulation. Celsion's newly issued patents pertain specifically to methods of storing stabilized, temperature-sensitive liposomal formulations and will assist in the protection of global rights by extending the overall term of the ThermoDox patent portfolio to August 2026. | | | 07:29 EDT |  | FIO | Fusion-io calls volatility flat, shares near record low
Fusion-io overall option implied volatility of 56 is near its 26-week average of 55 according to Track Data, suggesting non-directional price movement into the company may be in play after valuation decline, Bloomberg reports. | | | 07:22 EDT |  | FIO | Fusion-io may be in play after valuation decline, Bloomberg reports
Subscribe for More Information | | | May 21, 2013 | | 07:32 EDT | | QCOM | CTIA–The Wireless Association to host a conference
Subscribe for More Information | | | 07:16 EDT | | STZ | Constellation Brands volatility low after recent rally to record high
Constellation Brands (STZ) overall option implied volatility of 28 is below its 26-week average of 40 according to Track Data, suggesting decreasing price movement. | | | May 20, 2013 | | 10:52 EDT |  | FB | Facebook near session lows, levels to watch
The stock is drifting lower today, nearing session lows at $25.73. At that price, next support is at $25.33, the 1-month low. Resistance is at $26.25. | | | 08:18 EDT | | FTNT | BofA/Merrill's tech analyst to hold an analyst/industry conference call
Subscribe for More Information | | | | 07:32 EDT | | QCOM | Society for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24. | | | 07:00 EDT | | FB | New Facebook projects probably won't bear fruit soon, AllThingsD says
Subscribe for More Information | | | May 19, 2013 | | 17:10 EDT | | FB | Facebook's Waze deal being held up by move from Israel, NY Post says
Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link | | | May 17, 2013 | | 11:04 EDT | | FIO | Fusion-io calls June active on renewed takeover chatter
Fusion-io June 16 and 18 calls are active on total call volume of 2,800 contracts (520 puts). June call option implied volatility is at 62, September is at 60, December is at 54; compared to its 26-week average of 55 according to Track Data. Active call volume suggests traders taking positions for larger price movement following renewed takeover chatter. | | | 10:21 EDT |  | FIO | Rumor: Fusion-io moves off lows on renewed takeover chatter
Subscribe for More Information | | | 06:51 EDT | | FB | Facebook volatility at low end of historic range
Subscribe for More Information | | | 06:36 EDT | | FB | Google to add new apps to Google Glass, NY Times says
Subscribe for More Information | | | May 16, 2013 | | 16:29 EDT | | STZ | On The Fly: Closing Wrap
Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47. | | | 10:03 EDT |  | STZ | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 08:07 EDT | | STZ | Constellation Brands upgraded to Strong Buy from Buy at ISI Group
Subscribe for More Information | | |
|
|
|
|
|
|
