New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 25, 2014
09:24 EDTKN, LNKD, IMUC, SCTY, TSLA, ODP, BCRX, M, HD, VVUS, XOMA, VSI, TMUSOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Home Depot (HD), up 1.9%... Vitamin Shoppe (VSI), up 9.6%... ARIAD Pharmaceuticals (ARIA), up 2.4%. ALSO HIGHER: ImmunoCellular (IMUC), up 26% after granted orphan drug designation for ICT-107 by EMA... XOMA (XOMA), up 6% after confirming FDA orphan designation for gevokizumab ... Tesla (TSLA), up 6.5% after price target raised to $320 at Morgan Stanley... BioCryst (BCRX), up 7% after announcing FDA accepted to review peramivir's NDA... LinkedIn (LNKD), up 3.4% after WSJ says the company will expand in China. DOWN AFTER EARNINGS: SolarCity (SCTY), down 2.4%... T-Mobile (TMUS), down 1%... Macy's (M), down 0.5%... Office Depot (ODP), down 13%... ALSO LOWER: VIVUS (VVUS), down 14.5% after earnings, downgrade at JPMorgan.
News For TSLA;TMUS;HD;SCTY;VSI;M;IMUC;XOMA;BCRX;LNKD;VVUS;ODP;KN 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 | all recent news | >>
November 13, 2014
08:10 EDTSCTYSolarCity to install 20 MW on San Diego military housing
Secretary of the Navy Ray Mabus announced today that Navy and Marine Corps housing units in the San Diego area will receive rooftop solar photovoltaic, or PV, systems through a purchase power agreement between Lincoln Military Housing and SolarCity. The deal, one of SolarCity's largest residential undertakings under its SolarStrong Initiative, will provide solar power to nearly 6,000 homes across 27 privatized neighborhoods, with pending design and interconnection approvals could generate 20 MW or more of solar energy.
07:38 EDTLNKD, SCTY, MBloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
06:59 EDTMMacy's downgraded to Market Perform at Wells Fargo
Subscribe for More Information
05:45 EDTMMacy's downgraded to Market Perform from Outperform at Wells Fargo
Subscribe for More Information
November 12, 2014
16:23 EDTMOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTTSLAOptions Update; November 12, 2014
Subscribe for More Information
13:32 EDTHDEarnings Preview: J.C. Penney lowered Q3 SSS view, affirms FY14 metrics in Q3
J.C. Penney (JCP) is scheduled to report third quarter earnings after the market close on Wednesday, November 12, with a conference call scheduled for 4:30 pm ET. J.C. Penney operates about 1,100 retail stores and jcp.com. EXPECTATIONS: Analysts are looking for a loss per share of (80c) on revenue of $2.81B, according to First Call. The consensus range for EPS is (95c)-(54c) on revenue of $2.72B-$2.93B. LAST QUARTER: J.C. Penney reported second quarter adjusted EPS of (75c) against estimates for (93c), on revenue of $2.8B against estimates for $2.79B. Comparable store sales increased 6% for the quarter and online sales through jcp.com were up 16.7% from the year-ago period to $249M. On its Q2 earnings conference call, the company said that expected a "profitable" sales in the back-to-school season, adding that the company could see some "anomalies" in expense during Q3. NEWS: During the quarter, J.C. Penney announced the appointment of Marvin Ellison, EVP of stores at Home Depot (HD), as president and CEO-Designee, effective November 1. Ellison will also join the board, and succeed Myron E. Ullman, III as CEO of the company on August 1, 2015, at which time Ullman will become executive chairman of the board for a period of one year. At its analyst day in October, the retailer lowered its Q3 SSS view to low single digit growth from its previous view of mid single digit growth. J.C. Penney also warned investors that its September sales were weaker than expected. Despite lowering its SSS forecast, the retailer reaffirmed the rest of its quarterly guidance, including gross margins and SG&A expenses, and maintained all of its fiscal year 2014 guidance metrics, including mid-single digit SSS growth and positive free cash flow. STREET RESEARCH: Cleveland Research said J.C. Penney's challenging sales trends continued in October and is positioning to increase promotional activity during the holiday season. Wells Fargo, which has an Underperform rating on the stock, said that Ellison lacks expertise in apparel and accessories, where J.C. Penney is having a tough time. J.C. Penney shares could drop 35% if the company misses on sales growth estimates, Barron's said. PRICE ACTION: Over the last three months, J.C. Penney shares are down almost 20%. In morning trading today ahead of tonight's Q3 report, J. C. Penney's stock is up almost 6% to $7.61.
12:38 EDTMOn The Fly: Midday Wrap
Subscribe for More Information
10:57 EDTMMacy's says "not counting on a lot of help from the economy" for holiday season
10:48 EDTMMacy's sees Q4 EPS $2.30-$2.40, consensus $2.54
Subscribe for More Information
10:34 EDTTSLAOptions with decreasing implied volatility
Options with decreasing implied volatility: RMTI RPRX KATE PNK CZR KING TSLA UBNT LOCO GNRC
09:37 EDTTSLAActive equity options trading
Active equity options trading according to Track Data: AAPL CLSN TWTR BABA NFLX TSLA AMZN CSIQ C
09:21 EDTMOn The Fly: Pre-market Movers
Subscribe for More Information
08:09 EDTMMacy's sees Q4 SSS with licensed businesses up 2%-3%
Macy's said Q4 comparable sales together with comparable sales of departments licensed to third parties are expected to grow by approximately 2%-3%, or 1.8%-2.8% on a comparable sales basis exclusive of licensed businesses.
08:07 EDTMMacy's, Citi Retail Services renew card agreement
Subscribe for More Information
08:05 EDTMMacy's CEO says optimistic for Q4
Macy's chairman and CEO Terry Lundgren said, "Going forward, we remain optimistic for the fourth quarter based on several factors. First, we have developed an outstanding merchandise assortment for holiday gift-giving and self-purchase rooted in great style, exclusive offerings and outstanding value during this key shopping period. Second, we have enhanced our transition to fresh post-holiday vacation and resort assortments. Third, we have new store, omnichannel and marketing strategies in place that we believe will drive incremental business throughout the fourth quarter. This includes Buy Online Pickup in Store now rolled out to all full-line Macy’s and Bloomingdale’s locations, Same Day Delivery pilots up and running in eight major Macy’s markets and four Bloomingdale’s markets, and improved functionality and usability in upgraded mobile apps. And fourth, we are poised to capitalize on a return to more normalized weather patterns after the unusually severe snowstorms in the fourth quarter last year."
08:04 EDTMMacy's says Q3 sales performance fell short of expectations
Subscribe for More Information
08:03 EDTMMacy's lowers FY14 EPS view to $4.25-$4.35 from $4.40-$4.50
Subscribe for More Information
08:01 EDTMMacy's reports Q3 EPS 61c, consensus 50c
Subscribe for More Information
08:01 EDTHDHome Depot price target raised to $113 from $102 at Jefferies
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 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