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Stock Market & Financial Investment News

News Breaks
May 27, 2014
15:18 EDTWDAY, QIHU, CRMT, SAR, WTSLNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Workday (WDAY), consensus (15c); Qihoo 360 Technology (QIHU), consensus 34c; America's Car-Mart (CRMT), consensus 78c; Saratoga Investment (SAR), one estimate 44c; Wet Seal (WTSL), consensus (18c).
News For WDAY;QIHU;CRMT;SAR;WTSL From The Last 14 Days
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October 1, 2014
19:02 EDTQIHUQihoo 360 announces $200M share repurchase plan
Qihoo 360 Technology announced that its board has authorized the repurchase of up to $200M of the company's American depositary shares. The share repurchases will be funded with the company's existing cash reserves and ongoing cash flow. The company had approximately $787M of cash and cash equivalents on its balance sheet as of June 30. The company also raised approximately $1B through a convertible bond offering in August. CEO Hongyi Zhou commented, "We believe share repurchases are in the best interest of our shareholders and represents an effective use of our cash. We expect to continue to generate cash from operations that will help us fund our ongoing business expansion. We remain confident in our current business strategy and our near and long-term growth prospects."
September 25, 2014
16:06 EDTWTSLWet Seal appoints Jon Kubo as Chief Digital Officer
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06:13 EDTQIHUQihoo 360 implied volatility of 41 at lower end of index mean range
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September 24, 2014
08:36 EDTSARSaratoga Investment board approves open market share repuchase plan
Saratoga Investment also announced today that its Board of Directors has approved an open market share repurchase plan that allows Saratoga Investment to repurchase up to 200,000 shares of its common stock at prices below its net asset value as reported in its then most recently published financial statements. Shares may be purchased in the open market, including through block purchases, as Saratoga Investment's management deems appropriate.
08:35 EDTSARSaratoga Investment adopts new dividend policy
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September 23, 2014
10:59 EDTCRMTCarMax slumps after posting sluggish Q2 used unit sales in comparable stores
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September 22, 2014
06:12 EDTQIHUStocks with implied volatility below IV index mean; QIHU DDD
Stocks with implied volatility below IV index mean; Qihoo 360 (QIHU) 41, 3D Systems (DDD) 39 according to iVolatility.
September 19, 2014
09:03 EDTQIHUQihoo 360 Technology volatility at low end of historic range
Qihoo 360 Technology September weekly call option implied volatility is at 45, October is at 42, December is at 43; compared to its 26-week average of 60 according to Track Data, suggesting decreasing price movement.
September 18, 2014
09:18 EDTQIHUQihoo makes cybersecurity deal with Southeast Asia company, China Daily says
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08:35 EDTSARSaratoga Investment share proposal approval recommended by advisory firm ISS
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