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Stock Market & Financial Investment News

News Breaks
April 25, 2013
09:23 EDTVOD, MLNX, ZNGA, QCOM, INTU, BIIB, WDC, CVS, CAH, SNE, DOW, CLF, ANGI, FIO, AKAM, VZ, MMMOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Fusion-IO (FIO), up 18.2%... Akamai (AKAM), up 17.8%... Angie's List (ANGI), up 10.9%... Cliff's (CLF), up 7.6%... Biogen (BIIB), up 3.6%... Dow Chemical (DOW), up 3.3%... Western Digital (WDC), up 3.1%. ALSO HIGHER: Sony (SNE), up 4.3% after raising forecast for FY13 sales and profit... Vodafone (VOD), up 2.6% after Reuters say Verizon (VZ) may bid $100B for full control of Verizon Wireless JV... Cardinal Health (CAH), up 3.6% after signing new supply agreement with CVS Caremark (CVS)... DOWN AFTER EARNINGS: Zynga (ZNGA), down 9.5%... Melanox (MLNX), down 8.6%... Qualcomm (QCOM), down 4.6%... 3M (MMM), down 3.6%... Bristol-Myers (BMY), down 1.6%. ALSO LOWER: Intuit (INTU), down 13.4%, after cutting guidance.
News For VOD;VZ;AKAM;FIO;ANGI;CLF;DOW;SNE;CAH;CVS;WDC;BIIB;INTU;QCOM;ZNGA;MLNX;MMM From The Last 14 Days
Check below for free stories on VOD;VZ;AKAM;FIO;ANGI;CLF;DOW;SNE;CAH;CVS;WDC;BIIB;INTU;QCOM;ZNGA;MLNX;MMM the last two weeks.
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April 11, 2014
09:09 EDTQCOMQualcomm Ericsson recommended for near-term at RBC Capital
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07:26 EDTVZTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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06:52 EDTSNESony warns customers of Vaio PCs battery fire risk, Reuters says
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06:25 EDTZNGAZynga upgraded to Equal Weight from Underweight at Morgan Stanley
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06:12 EDTSNEDreamWorks Animation may look to take a piece of Vevo, Re/code reports
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April 10, 2014
16:11 EDTQCOMQualcomm initiated with a Strong Buy at ISI Group
Target $90.
16:06 EDTZNGAZynga CFO Vranesh leaving company, Best Buy's Lee to succeed as CFO
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15:13 EDTBIIBBiogen tumbles, nearing important test of support
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11:23 EDTCVSRite Aid hits 52-week high after results, sales view top estimates
Shares of retail drugstore Rite Aid (RAD) are rallying after the company's fourth quarter results and fiscal 2015 revenue outlook topped analysts' consensus estimates. WHAT'S NEW: This morning, Rite Aid reported fourth quarter adjusted earnings per share of 10c and revenue of $6.6B, compared to expectations of 4c and $6.54B, respectively. Q4 same store sales increased 2.1%. Rite Aid forecast FY15 EPS of 31c-42c, compared to the consensus of 35c. FY15 revenue was seen at $26B-$26.5B, ahead of the consensus $25.75B. FY15 same-store sales are expected by the company to be up 2.5%-4.5%. WHAT'S NOTABLE: Rite Aid also announced it has acquired RediClinic, which currently operates 30 clinics in the greater Houston, Austin and San Antonio areas. Rite Aid CEO John Standley said, “Our recent acquisitions of Health Dialog and RediClinic, our expanded partnership with McKesson and our continued commitment to investing in our store base have positioned us to transition our strategy from turnaround to growth as we more aggressively pursue opportunities to become a growing retail healthcare company.” PRICE ACTION: In late morning trading, Rite Aid rose 71c, or about 11%, to $7.11 on more than twice its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week high of $7.39. Including today's advance, the stock is up approximately 300% over the past twelve months. OTHERS TO WATCH: Other retail drugstore operators include Walgreen Company (WAG) and CVS Caremark (CVS).
10:00 EDTAKAMOn The Fly: Analyst Upgrade Summary
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09:00 EDTBIIBBiogen May volatility elevated at 43 into Q1 and revenue outlook
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08:22 EDTCLFCliffs Natural mentioned cautiously by Seeking Alpha contributor
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08:00 EDTSNESony PS4 grants Hirai profit potential as risk decreases, Bloomberg says
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07:31 EDTBIIBBiogen names Adam Koppel as SVP, Chief Strategy Officer
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07:19 EDTAKAMAkamai upgraded to Buy from Neutral at B. Riley
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07:08 EDTBIIBBiogen announces positive top-line efficacy, safety results from Phase 3 trial
Biogen Idec and Swedish Orphan Biovitrum AB released positive top-line results of the Kids A-LONG Phase 3 clinical study that evaluated the safety and efficacy of Eloctate, an investigational recombinant factor VIII Fc fusion protein product candidate, in children with severe haemophilia A. Eloctate was generally well-tolerated and no inhibitors were detected. Efficacy analyses showed twice-weekly prophylactic dosing with Eloctate maintained low bleeding rates in children.
06:53 EDTVODVodafone acquires stake in India unit for $1.5B, Bloomberg says
Vodafone will acquire Piramal Enterprises' stake in its India mobile-phone unit for $1.5B as the company ups its investments in the world’s quickest growing smartphone market, according to Bloomberg, citing a company statement from Piramal. Reference Link
06:00 EDTAKAMAkamai upgraded to Buy from Neutral at B. Riley
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April 9, 2014
11:15 EDTVZT-Mobile unveils $40 monthly price plan called 'Simple Starter'
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07:48 EDTCLFBofA/Merrill's steel analysts hold an analyst/industry conference call
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