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Stock Market & Financial Investment News

News Breaks
November 29, 2012
16:28 EDTLQDT, WLL, USNA, KR, SVU, BKS, BLOXOn 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.
News For SVU;WLL;BLOX;KR;LQDT;BKS;USNA From The Last 14 Days
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September 1, 2015
18:01 EDTKRTarget to serve alcohol in Chicago store, Fortune says
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10:04 EDTBLOXOn The Fly: Analyst Upgrade Summary
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07:19 EDTBLOXInfoblox upgraded to Outperform from Market Perform at William Blair
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August 31, 2015
16:58 EDTKRKroger adds in-store beer taps to more stores, Cincinnati Enquirer says
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09:24 EDTWLLOn The Fly: Pre-market Movers
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August 28, 2015
17:00 EDTWLLIntegrated Core Strategies reports 4.7% passive stake in Whiting Petroleum
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09:10 EDTKRKroger 'particularly attractive' in current environment, says Citi
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05:55 EDTWLLStocks with implied volatility above IV index mean; WLL GDX
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August 25, 2015
14:37 EDTKRKroger ratifies agreement with UFCW Local 1059
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August 24, 2015
07:19 EDTWLLWhiting Petroleum downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill downgraded Continental Resources to Neutral and lowered its price target to $27 from $38. The firm downgraded shares based on potential extended commodity weakness and the impact on investment.

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