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Stock Market & Financial Investment News

News Breaks
July 10, 2014
09:15 EDTPBPB, ZUMZ, UAL, LQDT, MEMP, TSCO, TTS, IGT, DRWI, FDO, LL, KOSOn The Fly: Pre-market Movers
HIGHER: Zumiez (ZUMZ), up 5.7% after raising Q2 outlook... DragonWave (DRWI), up 5% after reporting better than expected Q1 results... International Game (IGT), up 3.6% after Italian press report says the company will soon get a $4B offer from GTECH... United Continental (UAL), up 2.9% after reporting June traffic. LOWER: Lumber Liquidators (LL), down 23% after downgraded at Jefferies and Credit Suisse following the company's reduced full-year outlook. Tile Shop (TTS), which also serves flooring customers, down 5.5% following Lumber Liqudators' profit warning... Family Dollar (FDO), down 1.9% after reporting Q3 earnings that missed expectations... Tractor Supply (TSCO), down 5.9% after reporting Q2 preliminary results, saying it now sees FY14 results at low end of guidance range... Liquidity Services (LQDT), down 8% after revising Q3 guidance after its sales of selected rolling stock and other assets under its Surplus Contract with the U.S. Defense Logistics Agency have ceased at the request of DLA... Potbelly (PBPB), down 18% after lowering its Q2 and FY14 outlook... Memorial Production Partners (MEMP), down 7.4% after filing to sell 8.6M shares of common units for partners... Kosmos (KOS), down 3.3% after filing to sell 17M shares of common stock.
News For UAL;LL;TTS;ZUMZ;FDO;TSCO;PBPB;DRWI;MEMP;KOS;IGT;LQDT From The Last 14 Days
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March 27, 2015
05:59 EDTLLStocks with implied volatility below IV index mean; LL WLL
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March 26, 2015
15:45 EDTLLLumber Liquidators may file suit against '60 Minutes,' FBN's Gasparino says
In a tweet, Fox Business News' Charlie Gasparino said, "$LL execs emboldened to sue @60Minutes over report abt flooring safety post regulatory decision on testing more @FoxBusiness 323pm."
06:00 EDTLLStocks with implied volatility below IV index mean; LL CTRP
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March 25, 2015
14:49 EDTLLCPSC's emissions testing a positive for Lumber Liquidators, says Goldman
Goldman said the Chairman of the Consumer Products Safety Commission's decision not to replicate deconstructive tests but to test emissions is a positive for Lumber Liquidators. The firm said the deconstructive tests were an important component of the bear case and Lumber Liquidators says it has passed, based on its testing, emissions tests. Goldman rates Lumber Liquidators a Neutral with a $35 price target given significant gross margin pressures.
13:07 EDTLLCSPC test method positive for Lumber Liquidators, says Janney Capital
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12:52 EDTLLOn The Fly: Midday Wrap
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11:39 EDTLLCPSC announces active investigation of Lumber Liquidators
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10:26 EDTLLLumber Liquidators trading up sharply from session lows, levels to watch
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10:24 EDTLLLumber Liquidators up over 10% as CPSC call continues
The Consumer Product Safety Commission said it is actively investigating Lumber Liquidators, but will not use CARB-mandated testing of Lumber Liquidators flooring during its own investigation. CPSC Chairman Elliot Kaye reportedly said its investigation is "exclusive to Lumber Liquidators" for now, but could expand to other companies if information warrants. Kaye also reportedly said the options for Lumber Liquidators could include a recall and that CPSC would have to sue to enforce if voluntary recall is found to be needed but is not agreed to by the company. Lumber Liquidators shares are up 10.7% to $31.90 as the CPSC's call continues.
10:18 EDTLLCPSC says calls on Lumber Liquidators down 80% since right after 60 Minutes
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10:15 EDTLLCPSC chair says commission has 'different madate' than CARB
The CPSC will not use CARB-mandated testing of Lumber Liquidators flooring, the commission's chair stated on a call with the media.
10:11 EDTLLLumber Liquidators probe to take 'months, not weeks,' CPSC chair says
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10:06 EDTLLCPSC says actively investigating Lumber Liquidators, Bloomberg reports
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09:51 EDTLLLumber Liquidators March weekly 30 straddle priced for 13% movement
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09:15 EDTLLLumber Liquidators volatility elevated, CPSC planning teleconference CNBC
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08:21 EDTLLRegulator to hold Lumber Liquidators teleconference at 10:00, CNBC says
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March 24, 2015
08:04 EDTUALAirline estimates may have to come down, buy on weakness, says Cowen
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05:49 EDTLLStocks with implied volatility movement; LL YUM
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March 23, 2015
09:09 EDTLLLumber Liquidators probe called for by Senator Schumer, AP reports
New York Sen. Chuck Schumer is asking federal authorities to investigate the safety of Lumber Liquidators' Chinese-imported wood laminate flooring and force recalls if needed, reported Associated Press. Reference Link
March 20, 2015
06:08 EDTLLStocks with implied volatility below IV index mean; LL YELP
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