New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 27, 2012
12:16 EDTTM, RSH, JCP, BBY, SHLD, BCDS, DIOD, SWHCOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday after a reading of consumer confidence fell and a leading Democrat warned that there may not be enough time left to avoid a trip over the fiscal cliff... ECONOMIC EVENTS: In the U.S., weekly jobless claims fell 12,000 to 350,000, compared to expectations for claims to remain relatively flat with the prior week. Sales of new homes rose 4.4% in November from October to a seasonally adjusted annual rate of 377,000, beating expectations. Consumer confidence fell to its lowest level since August with a 65.1 reading for December, versus expectations for a 70.0 figure. Also, the Treasury Department warned last night that the government would hit its borrowing limit by Monday. Then, this morning, Senate Majority Leader Harry Reid warned that there may not be enough time left to reach a budget deal and that the U.S. appears destined to head over the "fiscal cliff." In China, the National Bureau of Statistics reported that industrial profit surged 22.8% on-year in November, which was up from 20.8% growth in October... COMPANY NEWS: U.S. listed shares of Toyota Motor (TM) rose about 1.75% after the company agreed to a settlement valued over $1B related to previous recalls over claims of accelerator pedal problems... MAJOR MOVERS: Among the notable gainers was BCD Semiconductor (BCDS), which rose 92% to $7.64 after agreeing to be acquired by Diodes (DIOD) for $8.00 per U.S. listed share. Diodes, meanwhile, rose over 3% following the deal. Also higher were shares of Smith & Wesson (SWHC), which advanced more than 3% after the company expanded its share repurchase program. Among the noteworthy losers were RadioShack (RSH), which fell over 6%, and J.C. Penney (JCP), which declined nearly 6% as well, after both were mentioned by The Wall Street Journal among four retailers that may face a particularly challenging and important year in 2013. The other two, Best Buy (BBY) and Sears Holdings (SHLD), also saw their shares fall more than the broader market... INDICES: Near noon, the Dow was down 105.18, or 0.80%, to 13,009.41; the Nasdaq was down 29.98, or 1.00%, to 2,960.18; and the S&P 500 was down 13.89, or 0.98%, to 1,405.94.
News For TM;RSH;JCP;BBY;SHLD;BCDS;DIOD;SWHC From The Last 14 Days
Check below for free stories on TM;RSH;JCP;BBY;SHLD;BCDS;DIOD;SWHC 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 | all recent news | >>
September 9, 2014
16:27 EDTDIODDiodes raises Q3 revenue view to $230M-$238M from $228M-$238M, consensus $233.6M
Subscribe for More Information
10:57 EDTTMMobileye climbs after analyst says GM, Tesla using technology
Subscribe for More Information
09:55 EDTRSHRadioShack price target cut to $0, bankruptcy likely, says Wedbush
Subscribe for More Information
09:28 EDTTMMobileye price target raised to $62 from $48 at Citigroup
Citigroup raised its price target for Mobileye (MBLY) shares to $62 saying it left day one of the ITS World Congress feeling better about its thesis regarding the company landing Toyota (TM) as a client. Citi says Toyota is one of few remaining large OEMs that has yet to enter production with Mobileye. It believes Toyota recognizes Mobileye’s distinct technological advantages and expects to source more ADAS suppliers over the medium-term. William Blair this morning said it believes Tesla (TSLA) and GM (GM) are using Mobileye for their automated highway driving assist technology while Morgan Stanley upped its price target for shares to $65. The stock is trading up 6% to $56.23 in pre-market trading.
07:16 EDTJCPSterne Agee to hold a field trip
Subscribe for More Information
06:09 EDTTMVerizon CEO sees self-driving cars 3-5 years away, Detroit News reports
Subscribe for More Information
September 8, 2014
13:04 EDTTMAugust vehicle sales drop in Russia, WSJ says
The Association of European Businesses said that the sales of new vehicles in August throughout Russia have dropped at the quickest rate so far in 2014, according to The Wall Street Journal, citing a statement from chairman of the AEB Automobile Manufacturers Committee Joerg Schreiber. Industry officials are anticipating sales in the country for 2014 to decrease another 20% after a 5% decline last year. Publicly traded companies in the automobile industry include Fiat (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link
11:15 EDTJCPJ.C. Penney volatility at 27-month low
Subscribe for More Information
07:34 EDTTMU.S. claims China breaks commitments amid Qualcomm, Microsoft probes, WSJ says
As Microsoft (MSFT) and Qualcomm (QCOM) are being investigated for potential monopolistic activity by Chinese regulators and lawmakers there recently alleged price manipulation by foreign automakers including Toyota (TM), Honda (HMC) and Daimler (DDAIF), the U.S. Chamber of Commerce alleged that China's use of its antimonopoly law has been subjective and its implementation skewed to favor China's local companies, reported The Wall Street Journal. Reference Link
06:51 EDTTMTesla head says 'not surprised' if Toyota deal happens, Reuters says
Subscribe for More Information
06:21 EDTBBYSmartwatch market to reach $10B by 2018, says Citigroup
Subscribe for More Information
September 4, 2014
14:19 EDTTMToyota says will accelerate introduction of active safety systems
Subscribe for More Information
06:11 EDTRSHRadioShack implied volatility of 240 at upper end of index mean range
Subscribe for More Information
September 3, 2014
11:07 EDTSWHCOptions with decreasing implied volatility
Subscribe for More Information
10:18 EDTTMToyota reports August U.S. sales up 6.3% to 246,100 units
Subscribe for More Information
10:13 EDTTMToyota reports August U.S. sales up 6.3%, Bloomberg says
Subscribe for More Information
09:43 EDTSWHCSmith & Wesson repeats FY15 revenue view $530M-$540M, consensus $532.06M
Subscribe for More Information
September 2, 2014
16:00 EDTRSHOptions Update; September 2, 2014
Subscribe for More Information
11:08 EDTSWHCOptions with decreasing implied volatilit
Subscribe for More Information
06:34 EDTBBYApple cuts iPad mini prices as non-Apple vendors may follow, DigiTimes says
Subscribe for More Information
1 | 2 | 3 | 4 | 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