China’s Tecent bought 10% stake in Snap via open market purchases
Snap (SNAP) disclosed this morning in its quarterly regulatory filing that China's Tencent Holdings (TCEHY) notified the company in November that it acquired 145,778,246 shares...
Author : The Fly
On The Fly: Top stock stories for Tuesday
Stocks opened little changed, but in positive territory, though the major averages weakened as the morning progressed and then drifted in the red into the...
On The Fly: What to watch in Snap earnings report
Snap Inc. (SNAP) is scheduled to report results of its third fiscal quarter after market close on November 7, with a conference call scheduled for...
BMO slashes Mallinckrodt target, calls today’s selloff ‘exaggerated’
BMO Capital analyst Gary Nachman cut his price target for Mallinckrodt shares to $38 from $65 following this morning's Q3 earnings report. The "surprising and...
Furniture sellers slide as Amazon unboxes private-label brands
Shares of retailers of furniture and home goods, including Wayfair (W), Williams-Sonoma (WSM), RH (RH) and Ethan Allen Interiors (ETH), are slipping after Amazon (AMZN)...
On The Fly: Top stock stories at midday
Stocks opened higher, establishing new all-time highs for each of the major averages in the process, though they have since pared those gains and slid...
Weight Watchers hit 52-week high as ‘Oprah Effect’ boosts results
Shares of Weight Watchers International (WTW) surged in early trading after the company's quarterly report beat expectations on both the top and bottom line. In...
On The Fly: Pre-market Movers
UP AFTER EARNINGS: Allot Communications (ALLT), up 6.1%... salesforce.com (CRM), up 2.8%... Weight Watchers (WTW), up 14.3%... Dean Foods (DF), up 4%... Toyota (TM), up...
On The Fly: After Hours Movers
UP AFTER EARNINGS: NeoPhotonics (NPTN), up 13.7%... Weight Watchers (WTW), up 10.1%... Lannett (LCI), up 8.5%. ALSO HIGHER: AmTrust (AFSI), up 3.7% after it agreed...
Notable companies reporting before tomorrow’s open
Notable companies reporting before tomorrow's open, with earnings consensus, include Emerson Electric (EMR), consensus 79c... Royal Caribbean Cruises (RCL), consensus $3.41... Tapestry (TPR), consensus 36c......