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News Breaks | | | | November 29, 2012 | | 16:28 EDT |  | USNA, KR, SVU, BKS, BLOX, LQDT, WLL | On The Fly: Closing Wrap
Stocks on Wall Street withstood some fiscal cliff related volatility to finish in positive territory. Some positive economic data, including better than expected pending home sales and an upward revision to Q3 GDP growth, contributed to the move higher but investors remained on edge and reacted with each new headline coming out of Washington... ECONOMIC EVENTS: In the U.S., weekly jobless claims dropped to 393,000, versus expectations for claims to fall to 390,0000. The Commerce Department revised its estimate for the gain in Q3 GDP to 2.7% from the previously reported 2% gain. Analysts expected growth to be revised to a 2.8% rate. However, within the report, Q3 consumer spending was lowered to a 1.4% growth rate from the 2% gain previously reported. Pending home sales rose 5.2% in October from the prior month, versus expectations for an increase of 1%... COMPANY NEWS: A Bloomberg report said that PE-firm Cerberus Capital Management's planned buyout of SuperValu (SVU) had stalled on financing concerns. Shares of SuperValu dropped sharply following the news, eventually closing down 52c, or 18.57%, at $2.28... A report from the Wall Street Journal said that Whiting Petroleum (WLL) had been exploring a sale but would no longer pursue that alternative. After a midday circuit-breaker halt, shares of Whiting settled down $1.34, or 3.17%, to $40.94... MAJOR MOVERS: Among the notable gainers was Infoblox (BLOX), up $4.12, or 29.53%, to $18.07 after its earnings beat consensus estimates. Also higher were shares of Kroger (KR), up $1.19, or 4.75%, to $26.25 after the company reported earnings and provided guidance that beat Street forecasts. Among noteworthy losers were Liquidity Services (LQDT), down $5.90, or 13.49%, to $37.83, and Barnes & Noble (BKS), down $1.79, or 11.15%, to $14.26, after their earnings reports. Also lower were shares of Usana Health Sciences (USNA), down $2.44, or 5.60%, to $41.17 after a report from short-selling blog Citron Research which said the company is the subject of criminal probes in China... INDICES: The Dow was up 36.71, or 0.28%, to 13,021.82; the Nasdaq was up 20.25, or 0.68%, to 3,012.03; and the S&P 500 was up 6.02, or 0.43%, to 1,415.95. | |
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News For SVU;WLL;BLOX;KR;LQDT;BKS;USNA From The Last 14 Days Check below for free stories on SVU;WLL;BLOX;KR;LQDT;BKS;USNA the last two weeks. |
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| May 24, 2013 | | 16:21 EDT | | BLOX | On The Fly: Closing Wrap
 Subscribe for More Information | | | 13:18 EDT | | BLOX | On The Fly: Midday Wrap
Subscribe for More Information | | | 10:04 EDT |  | WLL | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DDR Corp. (DDR) upgraded to Buy from Hold at Jefferies... Gordmans Stores (GMAN) upgraded to Overweight from Neutral at Piper Jaffray... Pandora (P) upgraded to Outperform from Sector Perform at RBC Capital... Procter & Gamble (PG) upgraded to Buy from Neutral at UBS... Sherwin-Williams (SHW) upgraded to Outperform from Neutral at RW Baird... Wendy's (WEN) upgraded to Buy from Neutral at Janney Capital... Whiting Petroleum (WLL) upgraded to Buy from Neutral at SunTrust... Alliance Data (ADS) upgraded to Outperform from Market Perform at William Blair. | | | 09:25 EDT |  | BLOX | On The Fly: Pre-market Movers
Subscribe for More Information | | | 06:45 EDT | | WLL | Whiting Petroleum upgraded to Buy from Neutral at SunTrust
Subscribe for More Information | | | May 23, 2013 | | 18:54 EDT | | BLOX | On The Fly: After Hours Movers
UP AFTER EARNINGS: Pandora (P), up 9%... Infoblox (BLOX) up 16.8%... Marvell (MRVL), up 7.3%. DOWN AFTER EARNINGS: Sears Holding (SHLD), down 11.6%... salesforce.com (CRM), down 6.2%... Gap (GPS), down 3.2%... Aeropostale (ARO), down 3.1%. ALSO LOWER: AVEO Pharmaceuticals (AVEO), down 12.9% after disclosing that its partner Astellas will not submit an EMA marketing application for tivozanib... Titan Machinery (TITN), down 12.4% after saying it sees first quarter earnings below consensus and the company cut its full-year earnings view. | | | 16:14 EDT | | BLOX | Infoblox up $2.00, or 9.09%, to $24.00 after earnings, guidance top estimates
| | | 16:10 EDT |  | BLOX | Infoblox sees FY13 revenue $220M-$221M, consensus $218.26M
Subscribe for More Information | | | 16:10 EDT | | BLOX | Infoblox sees Q4 adjusted EPS 8c-9c, consensus 7c
Sees Q4 revenue $58M-$59M, consensus $58.26M. | | | 16:09 EDT | | BLOX | Infoblox reports Q3 adjusted EPS 11c, consensus 6c
Subscribe for More Information | | | | 11:35 EDT |  | SVU | Harris Teeter among grocers being looked at by Cerberus, WSJ says
Subscribe for More Information | | | May 22, 2013 | | 09:09 EDT |  | WLL | House Natural Resources Committee to hold a legislative hearing
Subscribe for More Information | | | May 20, 2013 | | 08:51 EDT | | BKS | Barnes & Noble to add browser, email to low-cost e-readers, TechCrunch says
Subscribe for More Information | | | 08:40 EDT | | BKS | Barnes & Noble could rise above $30 a share, Barron's says
Barnes & Noble (BKS) shares are up about 15% since TechCrunch said Microsoft (MSFT) may pay $1B for its Nook e-reader business but the stock may have another 50% upside to $30 per share based on Barnes & Noble's asset value, contended Barron's in a report this weekend. Barron's, however, called the situation "admittedly tough to assess" because neither Microsoft nor B&N will comment on the purchase rumor. The Fly notes Barnes & Noble shares are up 4% to $20.80 in pre-market trading. Reference Link | | | May 17, 2013 | | 05:48 EDT |  | BLOX | Infoblox initiated with a Buy at Needham
Subscribe for More Information | | | May 14, 2013 | | 12:47 EDT |  | BKS, SVU | Options with increasing implied volatility: FMCN FIO SVU BKS
Subscribe for More Information | | | 08:37 EDT | | BKS | Barnes & Noble launches enhanced NOOK apps for iPad, iPhone
Subscribe for More Information | | | 06:45 EDT |  | KR | Kroger price target raised to $38 from $33 at Credit Suisse
Subscribe for More Information | | | May 13, 2013 | | 16:25 EDT | | BKS | On The Fly: Closing Wrap
Stocks on Wall Street were little changed from their opening levels as investors weighed the potential end of the Fed's quantitative easing program against a better than expected report on retail sales. The Wall Street Journal's Jon Hilsenrath suggested in a report over the weekend that the Federal Reserve has mapped a QE exit strategy. The report paired with the retail sales data left the market lacking conviction in either direction today, as the averages spent the majority of the session range-bound near the flatline. ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in April, which beat expectations for a 0.3% decline. Retail sales excluding autos, gas, and building materials rose 0.6%, which was also better than expected. Business inventories were flat in March, versus expectations for a 0.3% gain. In Asia, Chinese factory output grew 9.3% annually in April, which was up from 8.9% in March but still missed expectations for a 9.5% growth rate. COMPANY NEWS: The Supreme Court ruled unanimously that Monsanto's (MON) patented genetically altered soybeans are protected and that farmers cannot use them to create new seeds without paying the company... Dell's (DELL) special committee publicly asked for more information from Carl Icahn and Southeastern Asset Management about their proposed leveraged recapitalization. This request follows television interviews by Icahn last Friday in which he discussed his Dell proposal, as well as a weekend report in Barron's saying the Icahn and Southeastern plan could be a better deal for shareholders. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), up $6.26, or 17.92%, to $41.20 after Elan Corporation (ELN) bought a stake in the potential future royalty payments from four respiratory programs partnered with GlaxoSmithKline (GSK) in exchange for $1B in cash. Also higher was Tesla (TSLA), which rose $11.04, or 14.38%, to $87.80 in its third straight double-digit percentage gain following a better-than-expected earnings report last week. Among the noteworthy losers was Barnes & Noble (BKS), down $2.21, or 9.48%, to $21.10 after the blog InsiderMonkey disputed a previous report about Microsoft's (MSFT) interest in the bookseller's NOOK assets. Also lower was JoS. A. Bank (JOSB), down $3.31, or 7.16%, to $42.90 after the company's first quarter earnings view came in below expectations. INDICES: The Dow was down 26.81, or 0.18%, to 15,091.68; the Nasdaq was up 2.21, or 0.06%, to 3,438.79; and the S&P 500 was nearly unchanged at 1,633.77. | | | 14:32 EDT | | BKS | Barnes & Noble volatility spikes on sharp pullback after blog report
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