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Stock Market & Financial Investment News

News Breaks
January 28, 2013
15:56 EDTXRXXerox spikes higher, levels to watch
The stock is off the high of the session at $8.30, but remains up over 3.7% at time of writing. Next resistance is at $8.30 and then at $8.43. Support is at $8.15.
News For XRX From The Last 14 Days
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April 23, 2014
07:36 EDTXRXXerox price target raised to $15 from $13 at Brean Capital
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April 22, 2014
10:45 EDTXRXXerox says 'close' to finalizing a couple of deals
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10:41 EDTXRXXerox says confident that it will meet FY guidance expectations
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10:18 EDTXRXXerox sees FY14 constant currency revenue flat to slightly down
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09:16 EDTXRXOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Netflix (NFLX), up 8%... Harley-Davidson (HOG), up 7%... PLX Technology (PLXT), up 8%... Illinois Tool (ITW), up 2.3%... Comcast (CMCSA), up 1%... McDonald's (MCD), up 0.6%. ALSO HIGHER: Allergan (AGN), up 17% after Valeant (VRX) confirms proposal to combine with the company for $48.30 and 0.83 shares of stock. Valeant is up 5% following its confirmation of the news that broke last night... GlaxoSmithKline (GSK), up 4.5% after agreeing to sell oncology products for $14.5B to Novartis (NVS) and buy Novartis' Vaccines business, currently excluding its flu business, for $7.1B plus royalties. Novartis shares trading in New York are also up 1% following the deals... Revance Therapeutics (RVNC), up 20% after announcing positive results from RT002 Phase 1/2 study... Facebook (FB), up 2% following upgrade at Credit Suisse. DOWN AFTER EARNINGS: Xerox (XRX), down 4%... Lexmark (LXK), down 4.8%. ALSO LOWER: Allison Transmission (ALSN), down 4% after filing to sell 25M shares for holders... FireEye (FEYE), down 2.9% after filing to sell 13.3M shares of common stock for holders... Bebe stores (BEBE), down 16% after reporting preliminary Q3 losses that were steeper than the consensus estimate.
07:04 EDTXRXXerox raises FY share repurchase expectations to at least $700M from $500M
07:03 EDTXRXXerox sees Q2 adjusted EPS 25c-27c, consensus 28c
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07:03 EDTXRXXerox sees FY14 adjusted EPS $1.07-$1.13, consensus $1.13
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07:02 EDTXRXXerox reports Q1 adjusted EPS 27c, consensus 24c
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April 21, 2014
15:16 EDTXRXNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Comcast (CMCSA), consensus 64c; United Technologies (UTX), consensus $1.27; McDonald's (MCD), consensus $1.24; Simon Property Group (SPG), consensus $2.24; Lockheed Martin (LMT), consensus $2.53; Bank of New York Mellon (BK), consensus 53c; Illinois Tool Works (ITW), consensus 98c; Travelers (TRV), consensus $2.16; Omnicom Group (OMC), consensus 79c; Pentair (PNR), consensus 73c; Harley-Davidson (HOG), consensus $1.08; Regions Financial (RF), consensus 20c; Genuine Parts Company (GPC), consensus $1.02; Xerox (XRX), consensus 24c; Carlisle (CSL), consensus 53c.
08:16 EDTXRXXerox materially strengthened its appreciation opportunity, say Brean Capital
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April 14, 2014
08:17 EDTXRXMeadWestvaco renews partnership with Xerox
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