New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 18, 2013
12:33 EDTVZ, ACI, BTU, THRX, PM, UNH, UNP, PPG, PEP, MS, AAPL, ANROn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday despite the number of unemployment claims being little changed from last week. Stocks began the session slightly above yesterday’s close but turned mixed within a few minutes of trading. The latest set of corporate earnings released this morning was generally in-line with expectations, as was the weekly jobless claims data. The selling picked up as rumors spread of a possible failure of a French bank, which then was disputed. The averages have moved violently up and down in alternating fashion in the first three sessions of this week, but if the levels near noon hold, the pattern may break and a second down day may be in store for stocks. ECONOMIC EVENTS: In the U.S., weekly jobless claims rose 4K from the prior week to 352K, which was close to the forecast for 350K. The Philadelphia Fed's General Business Conditions Index for April came in at 1.3, versus expectations for a 3.3 figure. The leading economic indicators fell 0.1% in March to 94.7, versus expectations for a 0.2% rise. COMPANY NEWS: Among the number of large cap companies reporting earnings today before the market opened, PPG (PPG), PepsiCo (PEP), Union Pacific (UNP) and Verizon (VZ) were among the advancers, while Morgan Stanley (MS), UnitedHealth (UNH) and Philip Morris (PM) all declined... Apple (AAPL) fell nearly 2% near noon and crossed below $400 per share for the second straight trading day, after BMO Capital lowered its price target on shares and Piper Jaffray said information from Verizon's report indicates Apple may report March quarter revenue at the low end of guidance. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), which rose 16% after an FDA committee recommended approval of Breo Ellipta for COPD. Also higher were shares of Peabody Energy (BTU), up 8% following its quarterly report, and peers Arch Coal (ACI) and Alpha Natural Resources (ANR), which gained as well after Peabody's results and commentary on the coal market. Among the noteworthy losers was Exact Sciences (EXAS), which fell 21% after the company announced that its colorectal cancer screening test was able to detect the presence of pre-cancerous polyps 42% of the time during a clinical trial. Also lower was Ultratech (UTEK), which fell 13% after reporting revenue that missed expectations and saying its revenue in the current quarter could fall another 25%. INDICES: Near midday, the Dow was down 50.72, or 0.35%, to 14,567.87; the Nasdaq was down 26.23, or 0.82%, to 3,178.44; and the S&P 500 was down 6.86, or 0.44%, to 1,545.15.
News For VZ;AAPL;MS;PEP;PPG;UNP;UNH;PM;THRX;BTU;ACI;ANR From The Last 14 Days
Check below for free stories on VZ;AAPL;MS;PEP;PPG;UNP;UNH;PM;THRX;BTU;ACI;ANR the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | all recent news | >>
September 9, 2014
09:36 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL KNDI NFLX YHOO TWTR TSLA C BAC FB MCD
08:56 EDTAAPLGT Advanced September volatility elevated into Apple event
Subscribe for More Information
08:42 EDTAAPLApple's online store goes down ahead of today's event
Subscribe for More Information
08:34 EDTAAPLWebMD to benefit from Apple initiatives, says RBC Capital
RBC Capital expects WebMD (WBMD) to benefit from Apple's (AAPL) launch of initiatives in the consumer health IT market. The firm believes that Apple's efforts in this area will provide more publicity for WebMD. RBC Capital keeps a $70 price target and Top Pick rating on WebMD.
08:24 EDTAAPLVIX methodology for Apple at 30.30, above its 10-day moving average of 27.66
Subscribe for More Information
07:30 EDTAAPLApple new launches biggest test yet for CEO Cook, WSJ says
Three years into his tenure, and with his company trying to prove that it can still be a groundbreaking innovator, Apple CEO Tim Cook will look to make his mark on the company with the expected launch of larger iPhones and its first wearable device, said The Wall Street Journal. Reference Link
07:28 EDTAAPLFutures drift in early trading
U.S. equity futures are suggesting another quiet open as they trade near fair value. There is little to look forward to as far as a catalyst, but investors will be watching the highly anticipated launch of Apple's (AAPL) new products .Meanwhile, little market moving economic data is expected to be announced today.
07:28 EDTMS, AAPLThe Money Event, Inc to hold a conference
Subscribe for More Information
07:27 EDTAAPLApple partner Mayo Clinic to demonstrate HealthKit at event, Star Tribune says
Subscribe for More Information
07:18 EDTAAPLApple expanding Siri team in Boston, BetaBoston reports
Subscribe for More Information
06:56 EDTAAPLApple September weekly 98 straddle priced for 4.2% move into press event
Subscribe for More Information
06:53 EDTAAPLApple volatility elevated into press event
Apple September weekly call option implied volatility is at 59, September is at 35, October is at 28, November is at 26, December is at 26, January is at 24; compared to its 26-week average of 25 according to Track Data, suggesting large near term price movement into today’s press event.
06:35 EDTAAPLApple looking to refocus on 9.7-inch iPad in 2H14, DigiTimes Research says
Apple looks to refocus its aggressiveness on the new 9.7-inch iPad and overall iPad shipments in Q3 are expected to return to growth, reports DigiTimes Research. For the full year, however, the weakening demand in Europe and the US, the upcoming larger iPhones and the delay of the next-generation iPad mini are expected to impact iPad sihpments, with the volume estimated to be lower than 70M units. Reference Link
06:33 EDTMSFed looks set to pressure large banks to shrink, NY Times says
Subscribe for More Information
06:33 EDTAAPLApple may call 5.5-inch iPhone 'iPhone 6 Plus,' Business Insider reports
Apple may call the 5.5-inch iPhone the "iPhone 6 Plus," Business Insider reports, citing Japanese Apple blog Macotakara. The 4.7-inch version of the device is expected to be called the iPhone 6. Reference Link
06:20 EDTAAPLForrester: Apple could sell 10M iWatches this year, FT reports
Subscribe for More Information
06:18 EDTAAPLNXP Semiconductors volatility low into Apple event
Subscribe for More Information
06:15 EDTAAPLSynaptics volatility low into Apple event
Subscribe for More Information
06:09 EDTVZVerizon CEO sees self-driving cars 3-5 years away, Detroit News reports
Subscribe for More Information
05:16 EDTVZSprint announces improved phone-trade in program, price match guarantee
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 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