Twitter, Inc. (TWTR) PT Raised to $50 at Argus; Will Join S&P 500

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Twitter (TWTR) $1B Conv Offering Seen as 'Opportunistic' - Stifel

June 6, 2018 1:49 PM EDT

Stifel analyst John Egbert weighed in on Twitter (NYSE: TWTR after the company announced plans to offer $1.0B convertible senior notes due in 2024 via a private placement.

Egbert views the transaction as opportunistic given the company's addition to the S&P 500, effective prior to the market open tomorrow,... More

Twitter (TWTR) Reports Offering of $1 Billion Convertible Notes

June 6, 2018 7:01 AM EDT

Twitter, Inc. (NYSE: TWTR) today announced its intention to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of convertible senior notes due in 2024 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"). Twitter also expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $150.0 million aggregate principal amount of the notes, to cover over-allotments, if any.

The notes will be unsecured, senior obligations of Twitter, and... More

Twitter (TWTR) option implied volatility flat into replacing Monsanto in S&P 500 at open on June 7

June 6, 2018 5:32 AM EDT

Twitter (NYSE: TWTR) June weekly call option implied volatility is at 47, June is at 44, July is at 39; compared to its 52-week range of 33 to 84 into replacing Monsanto (MON) in S&P 500 at open on June 7.

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Twitter shares jump 5 percent as they win new follower: The S&P 500

June 5, 2018 12:40 PM EDT

By Lewis Krauskopf and April Joyner

NEW YORK (Reuters) - Consider it the ultimate "like" for a stock: Twitter Inc is joining the benchmark S&P 500 U.S. index, pushing the social media company's stock price up 5 percent on Tuesday as demand surged from equities investors.

Twitter shares surged as high as $40.16 during Tuesday's session, their highest in more than three years, after S&P Dow Jones Indices said late on Monday the stock would be added to the S&P 500 index before trading opens on Thursday.

The stock replaces Monsanto Co, which is being bought by Germany's... More

Pre-Open Movers 06/05: (CODX) (GIII) (RGLS) Higher; (ANW) (FRAN) (ASNA) Lower (more...)

June 5, 2018 9:22 AM EDT

Today's Pre-Open Stock Movers

Aegean Marine Petroleum Network Inc. (NYSE: ANW) 45.2% LOWER; Based on the preliminary findings of the review, the Audit Committee believes that approximately $200 million of accounts receivable owed to the Company at December 31, 2017 will need to be written off. These amounts are currently due from four counterparties that were reflected in the Companys financial statements as of December 31, 2017. There was approximately $172 million as of December 31, 2016 and $85 million as of December 31, 2015 due from these four counterparties. The transactions that gave rise to the accounts... More

Goldman Sachs backs card issuing, processing startup Marqeta

June 5, 2018 8:03 AM EDT

By Anna Irrera

(Reuters) - Goldman Sachs Group Inc (NYSE: GS) has joined a $45 million investment round in Marqeta, a U.S. fintech company offering technology businesses can use to issue payment cards, the startup said on Tuesday.

The round, which brings Marqeta's total funding raised to $116 million, was led by venture capital firm ICONIQ Capital, according to a statement from the companies. Marqeta is also backed by Visa Inc (NYSE: V).

Marqeta will use the funding to... More

UPDATE: Netflix, Inc. (NFLX) to Join S&P 100; Twitter (TWTR) to Join S&P 500; REGENXBIO (RGNX) to Join S&P SmallCap 600 on June 7th

June 5, 2018 6:05 AM EDT

(Updated - June 5, 2018 6:06 AM EDT)

S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500 and S&P SmallCap 600 effective prior to the open of trading on Thursday, June 7:

Netflix Inc. (NASD:... More

Twitter (TWTR) option implied volatility flat into named to join the S&P 500

June 5, 2018 5:24 AM EDT

Twitter (NYSE: TWTR) June weekly call option implied volatility is at 46, June is at 42, July is at 37; compared to its 52-week range of 33 to 84 into named to join the S&P 500.

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Options expected to have increasing volume:TWTR AAPL MYL

June 5, 2018 5:05 AM EDT

Options expected to have increasing volume:TWTR AAPL MYL

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After-Hours Stock Movers 06/04: (TWTR) (MYL) (NX) Higher; (ANW) (ASNA) (COOL) Lower (more...)

June 4, 2018 5:36 PM EDT

After-Hours Stock Movers

Aegean Marine Petroleum Network Inc. (NYSE: ANW) 45.2% LOWER; Based on the preliminary findings of the review, the Audit Committee believes that approximately $200 million of accounts receivable owed to the Company at December 31, 2017 will need to be written off. These amounts are currently due from four counterparties that were reflected in the Companys financial statements as of December 31, 2017. There was approximately $172 million as of December 31, 2016 and $85 million as of December 31, 2015 due from these four counterparties. The transactions that gave rise to the accounts receivable (the... More

Twitter Inc to join the S&P 500, replacing Monsanto

June 4, 2018 5:23 PM EDT

(Reuters) - Twitter Inc. will replace Monsanto in the S&P 500, S&P Dow Jones Indices said on Monday.

Netflix Inc. will replace Monsanto Company in the S&P 100.

REGENXBIO Inc. will replace General Cable Corp. in the S&P SmallCap 600.

... More

Twitter (TWTR) to Join S&P 500; Netflix (NFLX) Set to Join S&P 100; REGENXBIO (RGNX) to Join S&P SmallCap 600

June 4, 2018 5:17 PM EDT

(Updated - June 4, 2018 5:19 PM EDT)

S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500 and S&P SmallCap 600 effective prior to the open of trading on Thursday, June 7:

Netflix Inc. (NASDAQ: NFLX) will... More

British fintech startup Revolut to seek U.S. banking license: CEO

June 4, 2018 11:49 AM EDT

By Anna Irrera

AMSTERDAM (Reuters) - British financial technology startup Revolut plans to apply for a banking license in the United States, Chief Executive Officer Nikolay Storonsky said on Monday.

The company, launched in 2015, could apply by the end of the year in California, Storonsky told Reuters in an interview at the sidelines of a fintech conference in Amsterdam.

Revolut, which has already applied for a banking license in Europe, offers nearly 2 million users a pre-paid card and an mobile app... More

Twitter (TWTR) option implied volatility at low end of range as shares trend higher

June 4, 2018 5:22 AM EDT

Twitter (NYSE: TWTR) June weekly call option implied volatility is at 37, June and July is at 35; compared to its 52-week range of 33 to 84.

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Popular stocks with increasing unusual option volume: GOOGL LULU TWTR

June 4, 2018 5:13 AM EDT

Popular stocks with increasing unusual option volume: GOOGL LULU TWTR

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