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Stock Market & Financial Investment News

News Breaks
August 6, 2014
09:13 EDTGMED, CRTO, SHPG, AOL, CTSH, FUEL, CYTX, ENPH, AMPH, MNKD, GRPN, FSLR, WAG, NUS, S, FOXA, TMUS, TWXOn The Fly: Pre-market Movers
HIGHER: Fox class A shares (FOXA), up 5.9% after withdrawing proposal to acquire Time Warner (TWX), announcing $6B share repurchase program, reporting quarterly results... MannKind (MNKD), up 1.6% after entering a supply agreement with Amphastar Pharmaceuticals (AMPH)... Criteo (CRTO), up 11.5% after upgraded at Goldman following its better than expected Q2 earnings report. LOWER: Time Warner (TWX), down 13% after earnings, maintaining guidance, bid dropped by Fox... Sprint (S), down 16.5% after naming Marcelo Claure as president and CEO, reportedly dropping pursuit of T-Mobile (TMUS). T-Mobile shares also down 8.5%... Groupon (GRPN), down 18%, downgraded at Wunderlich after the company reported lower than expected Q3 results... Walgreen (WAG), down 15.7% after exercises option to acquire remaining 55% of Alliance Boots, says it will not pursue inversion as part of deal... Shire (SHPG), down 6% after Walgreen announced it would stay located in Chicago and Bloomberg last night reported that the Treasury Department is exploring ways to bypass Congress in an attempt to curb corporate inversions... Cytori Therapeutics (CYTX), down 33% after announcing that it has placed enrollment in the ATHENA and ATHENA II trials on clinical hold. UP AFTER EARNINGS: Enphase Energy (ENPH), up 20%... AOL (AOL), up 5%. DOWN AFTER EARNINGS: Nu Skin (NUS), down 8.5%... Rocket Fuel (FUEL), down 27%... Cognizant (CTSH), down 13%... First Solar (FSLR), down 2.5%... Globus Medical (GMED), down 17%.
News For TWX;FOXA;S;TMUS;WAG;GRPN;NUS;FSLR;ENPH;MNKD;AMPH;CYTX;FUEL;CTSH;AOL;CRTO;GMED;SHPG From The Last 14 Days
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November 13, 2014
08:32 EDTENPHEnphase Energy announces strategic partnership with Groupe Solution Energie
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08:01 EDTFUELRocket Fuel price target lowered to $22 from $31 at Oppenheimer
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06:17 EDTFOXASony unveils PlayStation Vue, a cloud-based TV service
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05:54 EDTFUELRocket Fuel price target lowered to $35 from $40 at Piper Jaffray
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November 12, 2014
18:29 EDTFUELOn The Fly: After Hours Movers
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16:25 EDTFUELRocket Fuel sees FY14 revenue $403M-$427M, consensus $405.46M
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16:24 EDTFUELRocket Fuel sees Q4 revenue $140M-$165M, consensus $140.03M
Sees Q4 adjusted EBITDA ($4.5M)-$0.5M.
16:23 EDTFUELRocket Fuel reports Q3 adjusted EPS (18c), consensus (30c)
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14:08 EDTFUELIntel reports 427.7K share position in Rocket Fuel
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12:42 EDTFUELRocket Fuel November volatility elevated into Q3 and outlook
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10:43 EDTTWX, FOXABernstein downgrades Discovery, Viacom, citing 'structural decline' in TV
Research firm Bernstein sees strong evidence that audiences of ad-supported TV have entered a period of "structural decline." The firm cut its rating on Discovery (DISCA), the owner of the Discovery Channel and Animal Planet cable stations, and Viacom (VIA,VIAB), which owns MTV and and Nickelodeon. The firm also cut its price target on CBS (CBS). WHAT'S NEW: Noting that audiences for ad-supported TV have fallen by unprecedented amounts for four months, Bernstein analyst Todd Juenger added that consumption of subscription video on demand, or SVOD, services continue to grow. Meanwhile, TV networks are seeing increased competition from Internet websites for ad dollars, limiting the ability of the networks to raise ad prices, Juenger stated. The profit margins and return on investment of content owners are likely to decline over time, the analyst believes. He downgraded Discovery to Market Perform from Outperform and set a $37 price target on the stock, and cut Viacom to Underperform from Market Perform, placing a $71 price target on that stock. Juenger reduced his price target on CBS to $55 from $60 and kept a Market Perform rating on the shares. He kept Outperform ratings on 21st Century Fox (FOXA), Disney (DIS), and Time Warner (TWX), saying that those are least affected by the trend, as they are less dependent than their peers on the American TV ad market and have a large amount of sports programming. PRICE ACTION: In mid-morning trading, Discovery lost 0.6% to $31.81, Viacom class A shares gained 0.6% to $70.09, CBS fell 0.7% to $51.48, Twenty-First Century Fox class A shares lost 0.5% to $34.75, Time Warner fell 0.5% to $77.69 and Disney was flat near $90 per share.
08:46 EDTSSprint in talks to buy FreedomPop, USA Today reports
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07:48 EDTSWells Fargo to hold a conference
5th Annual Technology, Media & Telecom Conference is being held in New York on November 12-13.
07:42 EDTGRPNGroupon price target raised to $10 from $8 at Brean Capital
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07:27 EDTGMEDNorth American Spine Society to hold annual meeting
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06:35 EDTFSLRU.S., China reach carbon emissions deal, NY Times says
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06:22 EDTTWXFunny or Die hires Moelis to explore potential sale, WSJ reports
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06:00 EDTAOLYahoo investors met with AOL CEO to push merger, Reuters reports
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05:50 EDTMNKDStocks with implied volatility movement; MNKD XLF
Stocks with implied volatility movement; MannKind (MNKD) 65, Financial Select Sector (XLF) 15 according to iVolatility.
05:25 EDTCTSHCognizant acquires Odecee in Australia, terms not disclosed
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