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Stock Market & Financial Investment News

News Breaks
January 22, 2013
16:31 EDTBOX, VZ, TRV, ARNA, MSFT, DD, RIMM, DELL, JNJ, IIVIOn The Fly: Closing Wrap
Stocks on Wall Street were slightly higher after four Dow components reported mixed quarterly results before the bell. The earnings calendar is fairly heavy again after the bell, as investors receive results from tech giants Google (GOOG) and International Business Machines (IBM) among those reporting... ECONOMIC EVENTS: In the U.S., sales of existing homes unexpectedly dropped 1% in December to a 4.94M annual rate, versus expectations for sales to increase to a 5.1M rate. Two regional Fed surveys were also reported, with the Chicago Fed National Activity Index slipping but remaining positive at 0.02, while the Richmond Fed Manufacturing Survey plunged 17 points to -12... COMPANY NEWS: Among the four Dow members reporting results, Travelers (TRV) was the leader, gaining $1.64, or 2.15%, to $77.95 after its better than expected earnings. Shares of DuPont (DD) and Verizon (VZ) were also higher. Johnson & Johnson (JNJ) slid 54c, or 0.74%, to $72.69 after its quarterly report in spite of announcing plans to explore options for its Ortho Clinical Diagnostics unit, including a potential sale or spin-off... Microsoft (MSFT) is in talks to invest between $1B-$3B as part of a leveraged buyout of Dell (DELL), according to CNBC's David Faber. Dell spiked higher following the news, finishing up 28c, or 2.18%, at $13.12, while Microsoft lost 8c, or 0.29%, to $27.17... MAJOR MOVERS: Among the notable gainers was SeaCube (BOX), up $2.84, or 13.99%, to $23.14 after agreeing to be acquired by Ontario Teachers' Pension for $23 per share. Also higher were shares of Research In Motion (RIMM), which rose $2.06, or 13.01%, to $17.90 after its CEO reportedly said it may license the BB10 operating system and shares were upgraded to Outperform at Scotia Capital with a $23 price target. Among the noteworthy losers was Arena Pharmaceuticals (ARNA), which lost 95c, or 9.72%, to $8.82 after the European Medicines Agency asked it to address issues with its anti-obesity drug. Also lower were shares of II-VI (IIVI), down $1.87, or 9.51%, to $17.80 after the company's Q2 report fell short of expectations and its FY13 guidance came in below Street estimates... INDICES: The Dow was up 62.43, or 0.46%, to 13,712.13; the Nasdaq was up 8.47, or 0.27%, to 3,143.18; and the S&P 500 was up 6.53, or 0.44%, to 1,492.51.
News For TRV;JNJ;DD;VZ;DELL;MSFT;BOX;RIMM;ARNA;IIVI From The Last 14 Days
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February 17, 2015
10:39 EDTVZCablevision sinks after analyst sees Verizon threat, cuts to sell
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10:09 EDTDDDuPont tells shareholders 'we are on the right path'
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10:00 EDTBOXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Box, Inc. (BOX) initiated with a Hold at Canaccord... Euronav NV (EURN) initiated with an Overweight at Morgan Stanley... GoPro (GPRO) initiated with an Outperform at Northland... M/A-COM (MTSI) initiated with a Neutral at BofA/Merrill... Macy's (M) initiated with an Underweight at Barclays... NetSuite (N) initiated with an Underperform at Exane BNP Paribas... Omega Healthcare (OHI) initiated with a Neutral at BofA/Merrill... Pandora (P) initiated with a Neutral at Macquarie... Pattern Energy (PEGI) coverage resumed with an Outperform at BMO Capital... Regeneron (REGN) initiated with an Outperform at Bernstein... Trovagene (TROV) initiated with an Overweight at Piper Jaffray... Vista Outdoor (VSTO) initiated with a Market Perform at Cowen.
10:00 EDTTRVOn The Fly: Analyst Upgrade Summary
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09:58 EDTVZVerizon says 'pleased' with 181 spectrum licenses acquired for $10.4B
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09:09 EDTBOX, MSFTBox announces Microsoft Office cloud integration
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09:06 EDTMSFTCitrix joins Microsoft Cloud Storage Partner Program
Citrix (CTXS) announced it is an inaugural member of the new Microsoft (MSFT) Cloud Storage Partner Program.
08:51 EDTBOXBox, Inc. initiated with a Market Perform at Raymond James
08:50 EDTBOXBox, Inc. initiated with an Equal Weight at Morgan Stanley
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08:49 EDTBOXBox, Inc. initiated with a Hold at Canaccord
Target $22.
08:42 EDTTRVTravelers upgraded to Neutral from Sell at Citigroup
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07:20 EDTDDDuPont management to meet with UBS
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07:12 EDTBOXBox, Inc. initiated with an Outperform at Credit Suisse
Target $24.
07:04 EDTJNJGTx names Robert Wills as executive chairman
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06:15 EDTVZCiti sees three options for DISH, including sale to Verizon
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05:51 EDTMSFTStocks with implied volatility below IV index mean; MSFT QCOM
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05:06 EDTBOXBox, Inc. initiated with a Market Perform at Wells Fargo
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05:05 EDTBOXBox, Inc. initiated with a Neutral at JPMorgan
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05:05 EDTBOXBox, Inc. initiated with a Market Perform at BMO Capital
Target $20.
05:05 EDTBOXBox, Inc. initiated with a Sector Perform at Pacific Crest
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