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
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 | >>
September 16, 2014
11:44 EDTAAPL, VHCVirnetX increases after appeals court vacates jury award in suit with Apple
VirnetX (VHC) September call option implied volatility is at 249. October is at 110, December is at 91; compared to its 26-week average of 99 according to Track Data, suggesting large price movement after appeals court vacates jury award in suit with Apple (AAPL).
11:28 EDTVHCAcacia Research, InterDigital slip after appeals court vacates VirnetX award
Subscribe for More Information
11:16 EDTAAPL, VHCVirnetX plunges after appeals court vacates jury award in suit with Apple
Subscribe for More Information
11:09 EDTAAPL, VHCVirnetX wins mixed ruling in patent case with Apple, Bloomberg reports
Subscribe for More Information
10:52 EDTAAPLApple, China Mobile trade lower as iPhone 6 unlikely to debut in China this year
Subscribe for More Information
10:31 EDTAAPLApple has a bearish pattern on 1-day basis, levels to watch
Subscribe for More Information
10:22 EDTAAPLBanks set for ad battle to be default choice for Apple Pay, Apple Insider says
Subscribe for More Information
10:12 EDTAAPLApple's iPhone 6 NFC chip restricted to Apple Pay, The Verge reports
Subscribe for More Information
10:09 EDTAAPLApple iPhone 6 launch timing concerns in China overdone, says Susquehanna
Subscribe for More Information
09:59 EDTBTU, ACIOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NFLX TSLA YHOO FB PBR MU AA TWTR WMT
09:25 EDTBTUOn The Fly: Pre-market Movers
Subscribe for More Information
09:13 EDTAAPLApple may need to wait until 2015 to launch iPhone 6 in China, Bloomberg says
Subscribe for More Information
07:54 EDTCYHCommunity Health management to meet with UBS
Subscribe for More Information
07:19 EDTAAPLCompanies' share buybacks at fasttest clip since 2007, WSJ reports
Companies are buying back their own shares at its fastest pace since the financial crisis to fuel a stock rally, reports the Wall Street Journal. According to Birinyi Associates, companies have bought back $338.3B of stock in 1H14, the most since 2007. Citing an analysis by Barclays, companies with the largest buyback programs by dollar value have outperformed the broader market by 20% since 2008. Reference Link
07:16 EDTACIArch Coal downgraded to Reduce from Neutral at Nomura
Subscribe for More Information
07:16 EDTBTUPeabody downgraded to Reduce from Neutral at Nomura
Nomura downgraded Peabody to Reduce based on reduced coking and thermal coal price forecasts and reduced its price target to $11.
06:42 EDTAAPLPayPal running ads against Apple Pay, Business Insider reports
Subscribe for More Information
06:36 EDTAAPLiPhone 6/6 Plus may suffer similar iPhone 5s/5c inventory issues, DigiTimes says
Subscribe for More Information
06:28 EDTAAPLLenovo, Huawei look to pose threat in high-end smartphone segment, DigiTimes says
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