New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 6, 2014
17:05 EDTENPH, GRPN, SFTBF, TWX, FOXA, S, TMUS, WAG, TAPOn The Fly: Closing Wrap
Stocks on Wall Street were nearly unchanged following a session dominated by talk of big name deals that did not happen. The market moved lower in the early going but found a level in the second half hour of trading and began to drift off the bottom. The averages crossed into positive territory about an hour after the opening bell and then spent most of the afternoon drifting. ECONOMIC EVENTS: In the U.S., the trade deficit narrowed to $41.5B in June from a revised $44.7B in May. In Europe, Italian GDP unexpectedly contracted 0.2% in Q2, putting the country into a technical recession, while German manufacturing orders surprised with a 3.2% June drop. COMPANY NEWS: Time Warner (TWX) reported better than expected quarterly profits, but its stock fell $10.95, or 12.85%, to $74.24 after 21st Century Fox (FOXA, FOX) last night announced that it had withdrawn its takeover bid for the parent of HBO, Warner Bros. and other entertainment properties. Class A shares of 21st Century Fox advanced $1.03, or 3.29%, to $32.33 in the wake of the news and the company's announcement of a $6B share repurchase program... Wireless carriers Sprint (S) and T-Mobile (TMUS) both fell after multiple media outlets reported that the third largest mobile phone carrier in the U.S. has ended its pursuit of trying to combine with the fourth largest one. Sprint, which also replaced CEO Dan Hesse with Marcelo Claure, the founder and CEO of SoftBank (SFTBF) subsidiary Brightstar, declined $1.38, or 18.96%, to $5.90, while T-Mobile shares slid $2.85, or 8.4%, to $31.06. MAJOR MOVERS: Among the notable gainers was brewer Molson Coors (TAP), which rose $3.87, or 5.76%, to $71.08 after the company's second quarter profits topped expectations. Also higher following its earnings report was Enphase Energy (ENPH), which advanced $1.36, or 14.02%, to $11.06. Among the noteworthy losers was Walgreen (WAG), which dropped $9.91, or 14.34%, to $59.21 after the company exercised its option to acquire the remaining 55% of Alliance Boots that it does not already own but said its purchase of the rest of the U.K.'s Boots will not be a "tax inversion" deal, as many had been expecting. Also lower were shares of Groupon (GRPN), which fell 90c, or 12.72%, to $6.17 after the company reported first quarter revenue that missed expectations and it lowered its fiscal 2014 adjusted EBITDA outlook. INDEXES: The Dow added 13.87, or 0.08%, to 16,443.34, the Nasdaq rose 2.22, or 0.05%, to 4,355.05, and the S&P 500 barely budged, gaining 0.03 to 1,920.24.
News For TWX;FOXA;S;TMUS;WAG;TAP;ENPH;GRPN;SFTBF 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 | all recent news | >>
October 10, 2014
06:42 EDTTWX, FOXATime Warner CEO to be questioned on growth plans, NY Post reports
Subscribe for More Information
06:04 EDTWAGWalgreen implied volatility of 24 at lower end of index mean range
Subscribe for More Information
05:45 EDTTMUST-Mobile upgraded to Buy from Hold at Jefferies
Subscribe for More Information
05:18 EDTTWXTime Warner to host investor meeting
Investor meeting to be held on October 15 at 9:30 am. Webcast Link
October 8, 2014
13:27 EDTFOXASoftBank no longer talking to DreamWorks, Buzzfeed reports
Subscribe for More Information
08:12 EDTTMUST-Mobile checks positive, says Pacific Crest
Subscribe for More Information
07:13 EDTFOXAHulu may cut number ads on Hulu Plus, NY Post reports
Hulu (FOXA, DIS, CMCSA) CEO Mike Hopkins is looking to cut back on the number of ads that appear on Hulu Plus, reports the New York Post. According to an executive close to the company, Hulu and its partners are “always looking at a variety of ways to create the best possible experience for our viewers and advertisers including reducing the ad load." Reference Link
07:09 EDTSSprint to shut down WiMAX network around November 6, 2015, FierceWireless says
Subscribe for More Information
06:02 EDTWAGWalgreen implied volatility of 23 at lower end of index mean range
Subscribe for More Information
October 7, 2014
10:02 EDTTWXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
09:59 EDTENPHEnphase Energy recent sell-off a buying opportunity, says Northland
Subscribe for More Information
09:04 EDTFOXAFox Sports Radio, DirecTV announce partnership to launch Rich Eisen Show
FOX Sports Radio (FOXA) and DIRECTV (DTV) announced a partnership to launch The Rich Eisen Show into national radio syndication. Eisen will debut as part of FOX Sports Radio’s national weekday lineup in the noon to 3 p.m. ET timeslot, beginning November 3. FOX Sports Radio/Premiere Networks will also provide exclusive radio ad sales representation for The Rich Eisen Show.
07:49 EDTTWXTime Warner initiated with a Buy at MKM Partners
Target $90.
05:52 EDTSStocks with implied volatility movement; S HIMX
Subscribe for More Information
October 6, 2014
18:15 EDTTWXTime Warner unit announces 10% reduction of global workforce
Subscribe for More Information
11:00 EDTWAGOptions with decreasing implied volatilit
Subscribe for More Information
10:16 EDTTWXNBA confirms new nine-year deal with Turner Broadcasting, Disney
Subscribe for More Information
10:02 EDTSKajeet collaborates with Novatel Wireless
Subscribe for More Information
09:34 EDTTMUSIliad could make new offer for T-Mobile US next week, DJ reports
Citing a report from Les Echos newspaper, Dow Jones reports that Iliad (ILIAF) is expected to make a new offer for a majority stake in T-Mobile US (TMUS) early next week. According to unnamed sources, Iliad may improve its initial offer to pay $15B for 56% of T-Mobile US by raising the stake it is ready to buy. Iliad could team up with a partner for the acquisition of T-Mobile, which is majority owned by Deutsche Telekom (DTEGY). Reference Link
06:41 EDTTWX, FOXA'Gone Girl' leads weekend box office with $38M in sales, WSJ reports
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 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