New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 5, 2013
09:16 EDTTSLA, LULU, SDRL, HBC, SRPTOn The Fly: Pre-market Movers
HIGHER: Tesla Motors (TSLA), up 2% after saying has received hundreds of orders for Model S sedan in Hong Kong... HSBC (HBC), up 2.3% after Reuters says bank will close retail branch network and wealth management businesses in South Korea... Seadrill (SDRL), up 1.7% following upgrade at BofA Merrill Lynch. LOWER: Sarepta (SRPT), down 2% after announcing $125M at-the-market equity offering... lululemon (LULU), down 1.2% after Chairman and founder Dennis Wilson files to sell 3.4M shares.
News For TSLA;LULU;SDRL;HBC;SRPT From The Last 14 Days
Check below for free stories on TSLA;LULU;SDRL;HBC;SRPT 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 | >>
July 11, 2014
06:48 EDTHBCBank of England says banks' capital requirement could rise, Reuters reports
Subscribe for More Information
06:02 EDTLULUStocks with implied volatility below IV index mean; LULU LL
Subscribe for More Information
July 10, 2014
16:25 EDTSRPTOn The Fly: Closing Wrap
Stocks on Wall Street began the session deep in negative territory, as fears about the health of one of Portugal’s largest banks, coupled with weak economic data out of Italy, prompted a sell-off in Europe, which spilled over to the U.S. The major averages moved generally higher after the open, though the early losses proved too much to overcome. The reignited fears about Europe's periphery come just as the U.S. corporate earnings season is set to pick up in earnest next week. ECONOMIC EVENTS: In the U.S., initial jobless claims dropped 11K to 304K in the week ended July 5. Wholesale inventories rose 0.5% in May, while sales edged up 0.7%, which were both a little below expectations. In Europe, concerns about the periphery rose again as the parent company of Portugal's Espirito Santo bank missed a debt payment, leading the country's interest rates higher and equities in the Eurozone lower. Also, Italy's industrial output saw its steepest monthly fall since late 2012, having dropped 1.2% in May. In China, trade performance improved in June but still missed market forecasts. Exports rose 7.2% in June from a year earlier, missing the consensus forecast for a rise of 10.6%, while imports grew 5.5% in the month, versus the 5.8% growth expectation. COMPANY NEWS: Shares of Verizon (VZ) advanced 74c, or 1.51%, to $49.64 to lead the handful of gainers on the Dow Jones Industrial Average. The rise came after Verizon CEO Lowell McAdam said in an interview on CNBC that his company added over 1.4M postpaid subscribers in Q2, with "record" tablet growth and "very strong" smartphone growth. Afterward, Wells Fargo said in a note to investors that the net adds were higher than the firm's recently increased estimate and above Street consensus... Conversely, Home Depot (HD) was the Dow's worst performer, falling $1.33, or 1.65%, to $79.40. After hardwood floors retailer Lumber Liquidators (LL) and farm products retailer Tractor Supply (TSCO) pre-announced weaker than expected Q2 results, Deutsche Bank analyst Mike Baker reduced his estimates for Home Depot and peer Lowe's (LOW), explaining that the comparative sales of those two large home improvement retailers have historically had a positive correlation with those of Tractor Supply and Lumber Liquidators. MAJOR MOVERS: Among the notable gainers was AmREIT (AMRE), which rose $3.25, or 16.93%, to $22.45 after Regency Centers (REG) offered to acquire the company for $22 per share, payable in cash and/or stock. Also higher was Cray (CRAY), which rallied $4.27, or 15.69%, to $31.49 after the company announced it has been awarded a $174M supercomputer deal from the National Nuclear Security Administration. Among the noteworthy losers was sandwich maker Potbelly (PBPB), which plunged $3.68, or 25.12%, to $10.97 after the company's second quarter and fiscal 2014 outlook fell significantly short of analysts' consensus estimates. Also lower was Sarepta Therapeutics (SRPT), which sunk $3.35, or 12.94%, to $22.54 after the company announced data through week 144 from its eteplirsen study in patients with Duchenne muscular dystrophy. INDEXES: The Dow dropped 70.54, or 0.42%, to 16,915.07, the Nasdaq fell 22.83, or 0.52%, to 4,396.20, and the S&P 500 declined 8.15, or 0.41%, to 1,964.68.
16:00 EDTTSLAOptions Update; July 10, 2014
Subscribe for More Information
14:11 EDTSRPTSarepta added to the short-term buy list at Deutsche Bank
Subscribe for More Information
13:37 EDTTSLATesla says Supercharger network passed 1 GWh milestone in June
In June, Tesla’s Supercharger network passed a charging milestone by delivering more than 1 GWh of energy to Model S vehicles in a single month, the company announced on its corporate blog. "Tesla’s Supercharger network is now the largest fast-charging network on the planet. It’s also the world’s fastest-growing charging network," the company stated. Reference Link
13:28 EDTSRPTSarepta price target lowered to $34 from $52 at Roth Capital
Subscribe for More Information
12:38 EDTSRPTSarepta potential for near-term approval lower after update, says Piper Jaffray
Subscribe for More Information
11:52 EDTSRPTJanney Capital reiterates Sell rating on Sarepta
Subscribe for More Information
11:50 EDTSRPTSarepta story correction issued by Wall Street Journal
The Wall Street Journal reported that its prior story, entitled "Sarepta to Submit Study on Muscular Dystrophy Drug to FDA Later Than Expected," at 9:12 a.m. EDT incorrectly suggested the decision to delay the application was unveiled Thursday. The Journal noted in its correction that the delay was previously reported. Reference Link
11:15 EDTSRPTSarepta shares defended at Stifel
11:09 EDTSRPTOptions with increasing implied volatility
Subscribe for More Information
10:54 EDTSRPTSarepta shares defended at Needham
Needham said Sarepta weakness is unjustified and due to a confusing, inaccurate Wall Street Journal article that says the eteplirsen NDA is delayed. THe analyst said Sarepta maintains the NDA will be filed by 2014 year end and reiterates its Buy rating and $52 price target.
10:02 EDTSRPTSarepta tumbles, levels to watch
Subscribe for More Information
09:36 EDTTSLAActive equity options trading on open
Subscribe for More Information
08:34 EDTSRPTSarepta plans to submit long-term eterplirsen results as part of NDA by year-end
Subscribe for More Information
08:32 EDTSRPTSarepta says on track to initiate several new studies of eteplirsen
Subscribe for More Information
08:32 EDTSRPTSarepta reports long-term outcomes from Phase IIb Eteplirsen study
Subscribe for More Information
06:34 EDTTSLAChina exempts new energy cars from sales tax, Xinhua reports
China announced yesterday that new energy cars would be exempt from a 10% sales tax starting in September, according to Xinhua. The tax will not have to be paid by buyers of qualified pure electric cars, plug-in hybrid electric cars and fuel cell cars from September 1, 2014 until the end of 2017, the news service quoted the Chinese government as saying. Tesla (TSLA), Volkswagen (VLKAY), and Kandi Technologies (KNDI) are among the companies that are poised to benefit from the decision. Reference Link
06:06 EDTLULUStocks with implied volatility below IV index mean; LULU VLO
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