New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 7, 2012
12:16 EDTTHC, JNPR, PLXS, AMRS, AAPL, VHC, BTU, ACI, ANR, CYH, HCA, STECOn The Fly: Midday Wrap
Stocks on Wall Street were down over 2.25% at midday following the re-election of Barack Obama as President. Stocks began the day sharply lower and saw hardly a hint of buying during the session's early hours. The market selling picked up speed after the first hour of trading and the averages sat near their lows of the day at lunch hour. While investors repositioned after the U.S. election, news from Europe did nothing to help matters. ECB President Mario Draghi said he was anticipating weakness in the European economy for the foreseeable future and that Germany was now being impacted... ECONOMIC EVENTS: In the U.S., President Obama was re-elected and Congress remains split, with Republicans keeping control of the House of Representatives and Democrats maintaining their grip on the Senate. While no excuses remain for not addressing the fiscal cliff, the climate of partisanship may make it difficult to strike a compromise before January 1, if at all. In Europe, the European Commission lowered its 2013 growth forecast for region's economy to 0.1% from a prior call for 1% growth. Also, German industrial production fell 1.8% in September from the prior month, which was worse than forecast. Draghi summed up both data points in a speech, putting a fine point on the European troubles that magnified the dour tone of the U.S. market... COMPANY NEWS: Hospital stocks were among the few gainers following Obama's win, with Tenet Healthcare (THC) up about 7.7%, HCA Holdings (HCA) up 7.7% and Community Health Systems (CYH) up 6.4%. Conversely, coal stocks, which had been strong since Romney's pro-coal statements during the debates, fell sharply, with Alpha Natural Resources (ANR) down 10.6%, Arch Coal (ACI) down 12.7% and Peabody Energy (BTU) down 8.6%... MAJOR MOVERS: Among the notable gainers were VirnetX (VHC), up almost 18% after a jury awarded the company over $368M in a patent verdict against Apple (AAPL), and Amyris (AMRS), up 20% after its quarterly revenues were better than expected and its losses were not as bad as forecast. Among the noteworthy losers was Plexus (PLXS), which fell 28% after Juniper (JNPR) dropped the company as a supplier. Also lower were shares of STEC (STEC), which was downgraded at Craig-Hallum and Lazard Capital and slid over 23% after its disappointing guidance for its upcoming quarter... INDICES: Near noon, the Dow was down 306.25, or 2.31%, to 12,939.43; the Nasdaq was down 72.10, or 2.39%, to 2,939.83; and the S&P 500 was down 33.22, or 2.33%, to 1,395.17.
News For THC;HCA;CYH;ANR;ACI;BTU;VHC;AAPL;AMRS;PLXS;JNPR;STEC From The Last 14 Days
Check below for free stories on THC;HCA;CYH;ANR;ACI;BTU;VHC;AAPL;AMRS;PLXS;JNPR;STEC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | all recent news | >>
July 11, 2014
18:06 EDTCYHCommunity Health to acquire Natchez, Mississippi hospital
Subscribe for More Information
15:59 EDTAAPLOptions Update; July 11, 2014
iPath S&P 500 VIX Short-Term Futures down 33c to 28.25. Option volume leaders: AAPL C GILD X FB GOOG AMZN TWTR TSLA according to Track Data.
10:17 EDTAAPLFirm raises Apple price target on iPhone 6 optimism
Subscribe for More Information
09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFC C SUNE FB AMZN TSLA TWTR
09:14 EDTAAPLSanDisk has several positive catalysts, says Sterne Agee
Sterne Agee expects SanDisk (SNDK) to benefit from several developments, including a strengthening high margin retail market and new Apple (AAPL) products that will include embedded MCP and SSDs. The firm expects SanDisk to report solid June quarter results and guide to a stronger September quarter. It keeps a Buy rating.
08:49 EDTAAPLJune CIO survey indicates strong 2H, says Morgan Stanley
Subscribe for More Information
08:25 EDTAAPLApple price target raised to $112 from $102 at Canaccord
Subscribe for More Information
07:26 EDTAAPLApple, Coke on board with Obama 'SupplierPay' initiative, WSJ says
Subscribe for More Information
07:04 EDTAAPLAnalyst Ming-Chi Kuo: iWatch to enter mass production in November, 9to5Mac says
Subscribe for More Information
July 10, 2014
16:00 EDTAAPLOptions Update; July 10, 2014
Subscribe for More Information
14:14 EDTAAPLChinese telecom companies to cut marketing spending, WantChinaTimes says
Subscribe for More Information
10:27 EDTAAPLInvenSense likely won designs across Apple product lines, says Rosenblatt
Subscribe for More Information
09:56 EDTAAPLApple reportedly orders 68M iPhone 6 units, Mac Rumors reports
Subscribe for More Information
09:36 EDTAAPLActive equity options trading on open
Subscribe for More Information
08:10 EDTAAPLMorgan Stanley's Vintage Values 2015 list selected
Subscribe for More Information
07:54 EDTAAPLTSMC begins shipping microprocessors to Apple, WSJ reports
TSMC (TSM) has begun shipping microprocessors to Apple (AAPL) for use in smartphones and tablets, reports the Wall Street Journal. According to people familiar with the matter, TSMC began shipping the microprocessors in Q2 and agreed to work together on more advanced chips next year. Reference Link
06:26 EDTAAPLTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
Subscribe for More Information
06:18 EDTAAPLIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
Subscribe for More Information
05:57 EDTAAPLApple wins EU trademark for store layouts, AP reports
Subscribe for More Information
05:50 EDTVHCStocks with implied volatility movement; TWX VHC
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 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