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Stock Market & Financial Investment News

News Breaks
February 4, 2013
18:58 EDTIDIX, BIDU, CLDX, SIMO, YUM, OGXI, HOLX, THOOn The Fly: After Hours Movers
UP AFTER PRELIMINARY EARNINGS: Thor Industries (THO), up 3.7% after preliminary Q2 revenue beats estimates... DOWN AFTER EARNINGS: Yum! Brands (YUM), down 5.4% after cutting its FY13 EPS view, reporting Q4 China SSS down 6%... Baidu (BIDU), down 5.2%... Hologic (HOLX), down 4.1%... Silicon Motion (SIMO), down 10.9% after reporting Q4 earnings and saying it sees Q1 revenue own 15%-25% sequentially... ALSO LOWER: Idenix (IDIX), down 5.9% after announcing it had discontinued clinical development for a hepatitis C treatment... OncoGenex (OGXI), down 3.3% after disclosing the resignation of its CFO... Celldex (CLDX), down 3.3% after filing to sell $75M in common stock.
News For THO;YUM;BIDU;HOLX;SIMO;IDIX;OGXI;CLDX From The Last 14 Days
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September 4, 2015
11:00 EDTBIDUMuddy Waters says not issuing negative piece on Baidu
Short-selling research firm Muddy Waters said via Twitter than an earlier report claiming it will issue a negative piece on Baidu is false. Muddy tweeted, "Benzinga report MW is coming out with negative report on $BIDU is completely wrong. We have no plans to issue any report on the company." Shares of the Chinese-language Internet search provider are down $3.08 to $146.00 in early trading.
September 3, 2015
15:02 EDTHOLXHologic management to meet with William Blair
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September 2, 2015
10:00 EDTHOLXOn The Fly: Analyst Upgrade Summary
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05:32 EDTHOLXHologic upgraded to Equal Weight from Underweight at Barclays
Barclays analyst Jack Meehan upgraded Hologic to Equal Weight citing improvement in 3D mammography placements. The analyst keeps a $40 price target for shares.
August 31, 2015
10:33 EDTOGXIOncoGenex up after Informa posts review of clusterin's role in cancer
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09:07 EDTSIMOB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout the Silicon Valley visiting various local tech companies on August 31-September 3.
05:44 EDTBIDUBaidu upgraded to Buy from Hold at Jefferies
Jefferies analyst Cynthia Meng upgraded Baidu to Buy saying concerns around search ad spending are overdone. Recent channel checks with top ad agents indicated "strong traction" for performance-based ads, with any cuts to ad budgets being mostly offset by more allocation toward key word search from display ads, Meng tells investors in a research note. At current levels, Meng believes Baidu shares have largely priced in reduced earnings growth expectations. She keeps a price target of $210 for the stock. The Chinese search giant closed Friday up 7c to $152.13.
August 28, 2015
09:00 EDTSIMOSilicon Motion management to meet with Pacific Crest
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07:12 EDTHOLXWilliam Blair names 21 stocks best positioned for volatile markets
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August 27, 2015
18:16 EDTYUMLabor Relations Board revises joint employer policy
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09:57 EDTOGXIOncoGenex mentioned positively again by Agora Financial
August 24, 2015
05:57 EDTBIDUStocks with implied volatility below IV index mean; BIDU GOOG
Stocks with implied volatility below IV index mean; Baidu (BIDU) 41, Google (GOOG) 31 according to iVolatility.

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