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Stock Market & Financial Investment News

News Breaks
March 21, 2014
09:59 EDTDCIN, CLGX, DOV, KING, HSH, NVDA, FELE, VOLC, SPNC, PRMW, NYMT, KERX, PODD, EAC, DXCM, CSII, AAPLOn The Fly: Analyst Initiation Summary
Apple (AAPL) initiated with an Outperform at Macquarie... Cardiovascular Systems (CSII) initiated with a Strong Buy at Needham... DexCom (DXCM) initiated with a Neutral at Sterne Agee... Erickson Air-Crane (EAC) initiated with a Hold at Canaccord... Insulet (PODD) initiated with a Buy at Sterne Agee... Keryx (KERX) initiated with a Buy at Mizuho... New York Mortgage (NYMT) initiated with a Buy at UBS... Primo Water (PRMW) initiated with a Buy at B. Riley... Spectranetics (SPNC) initiated with a Buy at Needham... Tandem Diabetes (TNDM) initiated with a Neutral at Sterne Agee... Volcano (VOLC) initiated with a Hold at Needham... Franklin Electric (FELE) initiated with a Hold at Gabelli... NVIDIA (NVDA) initiated with an Underperform at CLSA... Hillshire Brands (HSH) initiated with an Equal Weight at Stephens... King Digital (KING) coverage initiated at Sterne Agee... Dover (DOV) initiated with a Neutral at Goldman... CoreLogic (CLGX) initiated with an Outperform at Oppenheimer... Digital Cinema (DCIN) initiated with a Speculative Buy at Benchmark Co.
News For AAPL;CSII;DXCM;EAC;PODD;KERX;NYMT;PRMW;SPNC;VOLC;FELE;NVDA;HSH;KING;DOV;CLGX;DCIN From The Last 14 Days
Check below for free stories on AAPL;CSII;DXCM;EAC;PODD;KERX;NYMT;PRMW;SPNC;VOLC;FELE;NVDA;HSH;KING;DOV;CLGX;DCIN the last two weeks.
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August 14, 2014
07:15 EDTKINGKing, Zynga look to attract 'hard-core' gamers, WSJ reports
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06:19 EDTAAPLLenovo sees opportunities outside of China for smartphone business, WSJ reports
Lenovo CEO Yang Yuanqing tells the Wall Street Journal that although that China is still the most important market for its smartphone business, the company sees additional opportunities outside China. Reference Link
05:35 EDTKERXKeryx initiated with a Market Perform at FBR Capital
Target $16.
August 13, 2014
16:19 EDTKINGOn The Fly: Closing Wrap
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16:00 EDTAAPLOptions Update; August 13, 2014
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12:07 EDTKINGOn The Fly: Midday Wrap
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11:41 EDTAAPLAmazon payment move complements e-commerce platform, says RW Baird
Baird said Amazon's (AMZN) launch of the "Local Register" payment and card reader system is not a surprise after the company's acquisition of assets from GoPago and that the move is complementary to Amazon's e-commerce platform. Baird said Amazon's system will compete with Square and eBay's (EBAY) payment product "Here" and added that it expects Google (GOOG) and Apple (AAPL) to expand their existing payment initiatives. The firm maintains its Outperform rating and $400 price target on Amazon.com.
10:03 EDTHSHPinnacle Foods says Hillshire Brands failed deal caused 'six weeks' distraction
Pinnacle Foods (PF) says it has not lost any key executives following the "six weeks of distraction" caused by its aborted merger with Hillshire Brand (HSH). The company said it lost six weeks to investigate other M&A during that time, but that Pinnacle plans to be a consolidator and is back and active on exploring M&A opportunities. Comments from Pinnacle Foods' Q2 earnings conference call.
10:01 EDTKINGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CSR (CSRE) downgraded to Hold from Buy at Jefferies... Celadon Group (CGI) downgraded to Equal Weight from Overweight at Stephens... Cree (CREE) downgraded to Hold from Buy at Summit Research... Crestwood Equity (CEQP) downgraded to Underweight from Equal Weight at Barclays... Intrepid Potash (IPI) downgraded to Sell from Hold at BGC Financial... JDSU (JDSU) downgraded to Neutral from Buy at B. Riley... King Digital (KING) downgraded to Equal Weight from Overweight at Barclays... Marin Software (MRIN) downgraded to Neutral from Buy at Goldman... Mosaic (MOS) downgraded to Sell from Hold at BGC Financial... Potash (POT) downgraded to Sell from Hold at BGC Financial... Regado Biosciences (RGDO) downgraded to Market Perform from Outperform at Cowen... Southern Company (SO) downgraded to Underweight from Equal Weight at Morgan Stanley... StarTek (SRT) downgraded to Equal Weight from Overweight at First Analysis... Tuniu (TOUR) downgraded to Neutral from Outperform at Credit Suisse.
09:37 EDTAAPLActive equity options trading on open
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09:15 EDTKINGOn The Fly: Pre-market Movers
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07:32 EDTHSHHillshire Brands not providing public targets for FY15
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07:31 EDTHSHHillshire Brands reports Q4 adjusted EPS 33c, consensus 26c
Reports Q4 revenue $1.1B, consensus $994.1M. As previously announced, on July 1, Hillshire Brands entered into a definitive agreement with Tyson Foods (TSN) under which Tyson will acquire all outstanding shares of Hillshire Brands for $63 per share. On August 12, 2014, each of Tyson and Hillshire Brands received a request for additional information, each often referred to as a “second request,” from the Antitrust Division of the Department of Justice in connection with the proposed acquisition. Each second request was issued pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The second requests relate only to a very small portion of the combined Tyson/Hillshire Brands business, and the parties are working expeditiously to resolve this matter with the Antitrust Division. Tyson and Hillshire Brands continue to expect that the transaction, which remains subject to customary closing conditions, will be completed by September 27.
07:19 EDTAAPLSiri creators working on new advanced AI system, Wired reports
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06:51 EDTKINGKing Digital downgraded to Sector Perform from Outperform at RBC Capital
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06:39 EDTCSIICardiovascular Systems management to meet with Leerink
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05:45 EDTKINGKing Digital downgraded to Hold from Buy at Deutsche Bank
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05:44 EDTKINGKing Digital downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded King Digital to Neutral citing softer monetization trends following the company's reduced outlook. The firm lowered its price target for shares to $18 from $30. King was also downgraded this morning at Piper Jaffray and Barclays.
05:40 EDTKINGKing Digital downgraded to Equal Weight from Overweight at Barclays
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05:35 EDTKINGKing Digital downgraded to Neutral from Overweight at Piper Jaffray
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