New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 2, 2012
09:51 EDTGES, FIATY, SAM, VRTX, MTL, IRDM, FLR, EXC, SPR, LPNT, HTGC, FSLR, EPL, RRD, LVS, ABX, AAWWOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Atlas Air (AAWW) downgraded to Equal Weight from Overweight at Stephens... Barrick Gold (ABX) downgraded to Market Perform from Outperform at BMO Capital... Boston Beer (SAM) downgraded to Outperform from Buy at CLSA... Energy Partners (EPL) downgraded to Accumulate from Buy at Global Hunter... Exelon (EXC) downgraded to Hold from Buy at Jefferies... Fiat (FIATY) downgraded to Neutral from Buy at UBS... First Solar (FSLR) downgraded to Hold from Buy at Cantor... Fluor (FLR) downgraded to Neutral from Outperform at RW Baird... Guess (GES) downgraded to Hold from Buy at Jefferies... Hercules Technology (HTGC) downgraded to Neutral from Outperform at RW Baird... Iridium (IRDM) downgraded to Fair Value from Buy at CRT Capital... Las Vegas Sands (LVS) downgraded to Hold from Buy at Cantor... LifePoint Hospitals (LPNT) downgraded to Hold from Buy at Cantor... Mechel (MTL) downgraded to Neutral from Overweight at JPMorgan... R.R. Donnelley (RRD) downgraded to Neutral from Buy at CL King... Spirit AeroSystems (SPR) downgraded to Neutral from Outperform at Cowen... Vertex (VRTX) downgraded to Sell from Neutral at Goldman.
News For AAWW;ABX;SAM;EPL;EXC;FIATY;FSLR;FLR;GES;HTGC;IRDM;LVS;LPNT;MTL;RRD;SPR;VRTX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 >>
January 27, 2016
16:11 EDTLVSLas Vegas Sands reports Q4 adjusted EPS 62c, consensus 65c
Subscribe for More Information
16:05 EDTVRTXVertex backs FY16 net product revenue guidance for KALYDECO of $670M-$690M
Vertex expects to provide net product revenue guidance for ORKAMBI during 2016 after gaining additional information on the launch of ORKAMBI in the U.S.
16:04 EDTVRTXVertex reports Q4 EPS 17c, consensus 17c
Subscribe for More Information
14:34 EDTVRTX, LVSNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Facebook (FB), consensus 68c... Qualcomm (QCOM), consensus 90c... Texas Instruments (TXN), consensus 69c... McKesson (MCK), consensus $3.13... PayPal (PYPL), consensus 35c... Las Vegas Sands (LVS), consensus 65c... eBay (EBAY), consensus 50c... Crown Castle (CCI), consensus $1.10... Vertex (VRTX), consensus 17c... Discover (DFS), consensus $1.30... SanDisk (SNDK), consensus 89c... ServiceNow (NOW), consensus 8c... Lam Research (LRCX), consensus $1.43... Citrix Systems (CTXS), consensus $1.19... Hologic (HOLX), consensus 42c... Juniper (JNPR), consensus 59c... Cavium (CAVM), consensus 28c... Cirrus Logic (CRUS), consensus 81c.
14:31 EDTLVSLas Vegas Sands January weekly 42 straddle priced for 4.7% movement into Q4
Subscribe for More Information
14:25 EDTLVSEarnings Watch: Analyst sees 'no surprises' in Las Vegas Sands report
Las Vegas Sands (LVS) is expected to report fourth quarter earnings after the close on Wednesday, January 27, with a conference call scheduled for 4:30 pm ET. Las Vegas Sands is a resort developer with principal operations in Macao, Singapore, and the U.S. EXPECTATIONS: Analysts are looking for earnings per share of 65c on revenue of $2.92B. The consensus EPS range is 61c-72c, while revenue expectations range from $2.84B-$3.02B, according to First Call. LAST QUARTER: On October 21, Sands reported third quarter adjusted earnings per share of 66c versus expectations for 64c, and Q3 revenue of $2.89B against a consensus estimate of $2.97B. Additionally, Las Vegas Sands reported Q3 adjusted property EBITDA of $1.05B, and Q3 Macao adjusted property EBITDA of $536.8M. CEO Sheldon Adelson said at the time, "While the operating environment in Macao, particularly in the high-end gaming segments, remained challenging during the quarter, our focus on the higher margin mass and non-gaming segments and the geographic diversification of our cash flows allowed us to again deliver in excess of $1B of adjusted property EBITDA during the quarter and weather this cyclical downturn better than the industry overall. We remain sharply focused on the consistent execution of our global growth strategy, which leverages the power of our unique convention-based Integrated Resort business model." STREET RESEARCH: Following the Q3 earnings report, on October 27, Las Vegas Sands was initiated with a Buy at Gabelli with a $60 price target. On the same day, the company was downgraded to Equal Weight from Overweight at Barclays with its price target lowered to $45 from $55. Barclays analyst Felicia R. Hendrix said she believed the 2016 gross gaming revenue growth for Macau would be negative given continued VIP and premium mass revenue declines and slower than expected growth in the mass segment. On January 25, Deutsche Bank analyst Carlo Santarelli said in his Q4 preview of Las Vegas Sands that he sees "no major surprises" in the report, adding, "while we believe Q4 earnings are more than likely a supportive to modestly positive catalyst for shares, we expect medium to longer term trading to be largely Macau market sentiment driven." Santarelli has a Hold rating and a $42 price target on Las Vegas Sands shares. PRICE ACTION: Over the last three months, Las Vegas Sands shares have fallen about 12%. In afternoon trading ahead of Wednesday's earnings report, shares are higher by more than 2.5% to $41.95.
11:27 EDTVRTXOptions with increasing call volume
Subscribe for More Information
10:04 EDTVRTXHigh option volume stocks: RDN TRXC EEFT CVLT VRTX
10:00 EDTHTGCOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BG Group (BRGYY) downgraded to Neutral from Outperform at Credit Suisse... Bed Bath & Beyond (BBBY) downgraded to Sell from Neutral at Citi... Bill Barrett (BBG) downgraded to Neutral from Buy at Ladenburg... Brown & Brown (BRO) downgraded to Underweight at Morgan Stanley... Buffalo Wild Wings (BWLD) downgraded to Neutral from Buy at BTIG... Canadian National (CNI) downgraded to Market Perform from Outperform at Raymond James... DreamWorks (DWA) downgraded to Sell from Hold at Topeka... FirstMerit (FMER) downgraded at RBC Capital... Gentex (GNTX) downgraded to Neutral from Outperform at Baird... Haverty Furniture (HVT) downgraded to Sector Weight from Overweight at KeyBanc... Hercules Technology (HTGC) downgraded to Neutral from Buy at Compass Point... Horizon Technology (HRZN) downgraded to Market Perform from Outperform at Raymond James... Installed Building downgraded to Sector Weight from Overweight at KeyBanc... Jarden (JAH) downgraded to Neutral from Buy at Citi... K+S (KPLUF) downgraded to Sell from Hold at Berenberg... La-Z-Boy (LZB) downgraded at BB&T... Legacy Reserves (LGCY) downgraded to Market Perform from Outperform at FBR Capital... Medivation (MDVN) downgraded to Hold from Buy at Canaccord... Merck (MRK) downgraded to Neutral from Buy at BofA/Merrill... Metaldyne Performance (MPG) downgraded to Neutral from Outperform at Baird... Pier 1 Imports (PIR) downgraded to Sector Weight from Overweight at KeyBanc... Priceline (PCLN) downgraded to Neutral from Buy at Goldman... Profire Energy (PFIE) downgraded to Neutral from Buy at Chardan... Regeneron (REGN) downgraded to Hold at Canaccord... Starwood (HOT) downgraded to Underperform from Outperform at CLSA... Swiss Re (SSREY) downgraded to Equal Weight from Overweight at Morgan Stanley... TSYS (TSS) downgraded to Equal-Weight from Overweight at First Analysis... Talmer Bancorp (TLMR) downgraded to Sector Perform from Outperform at RBC Capital... TopBuild (BLD) downgraded to Sector Weight from Overweight at KeyBanc... TripAdvisor (TRIP) downgraded to Sell from Neutral at Goldman... VMware (VMW) downgraded to Hold from Buy at Summit Research... W.R. Grace (GRA) downgraded to Buy from Conviction Buy at Goldman... WEC Energy (WEC) downgraded to Neutral from Conviction Buy at Goldman... Welltower (HCN) downgraded to Underperform from Market Perform at BMO Capital... Yamana Gold (AUY) downgraded to Neutral from Overweight at JPMorgan.
10:00 EDTEXCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Airlines (AAL) upgraded to Buy from Neutral at UBS... Armstrong World (AWI) upgraded on valuation at BB&T... Autoliv (ALV) upgraded to Outperform from Neutral at Baird... BHP Billiton (BHP) upgraded to Overweight from Equal Weight at Morgan Stanley... BorgWarner (BWA) upgraded to Outperform from Neutral at Baird... Boyd Gaming (BYD) upgraded on valuation at Sterne Agee CRT... CF Industries (CF) upgraded to Outperform from Underperform at CLSA... Deutsche Boerse (DBOEY) upgraded to Neutral from Underperform at Credit Suisse... Diamond Offshore (DO) upgraded to Neutral from Sell at Clarksons Platou... Exelon (EXC) upgraded to Neutral from Sell at Citi... FCB Financial (FCB) upgraded to Buy from Neutral at Guggenheim... Flushing Financial (FFIC) upgraded to Buy from Hold at Sandler O'Neill... Hawaiian Holdings (HA) upgraded to Buy from Hold at Deutsche Bank... Huntington Bancshares (HBAN) upgraded to Neutral from Underperform at Macquarie... Imperva (IMPV) upgraded to Outperform from Market Perform at JMP Securities... Lockheed Martin (LMT) upgraded to Outperform from Peer Perform at Wolfe Research... McDonald's (MCD) upgraded to Buy from Hold at Argus... Munich Re (MURGY) upgraded to Overweight from Equal Weight at Morgan Stanley... NextEra Energy (NEE) upgraded to Conviction Buy from Buy at Goldman... PG&E (PCG) upgraded to Buy from Neutral at Goldman... Panera Bread (PNRA) upgraded to Buy from Neutral at BTIG... Raptor Pharmaceuticals (RPTP) upgraded to Buy from Neutral at Citi... Siemens (SIEGY) upgraded to Equal Weight from Underweight at Barclays... Sprint (S) upgraded to Perform from Underperform at Oppenheimer... Stryker (SYK) upgraded to Buy from Hold at Brean Capital... Super Micro Computer (SMCI) upgraded to Positive from Neutral at Susquehanna... Talmer Bancorp (TLMR)upgraded to Outperform from Market Perform at Keefe Bruyette... Terex (TEX) upgraded to Neutral from Underweight at JPMorgan... Transocean (RIG) upgraded to Neutral from Sell at Clarksons Platou... Washington Trust (WASH) upgraded to Buy from Neutral at Compass Point... Yara (YARIY) upgraded to Buy from Hold at Berenberg.
08:00 EDTHTGCHercules Technology downgraded to Neutral from Buy at Compass Point
Subscribe for More Information
06:47 EDTEXCExelon upgraded to Neutral from Sell at Citi
Subscribe for More Information
January 26, 2016
17:21 EDTVRTXVertex announces Health Canada approved PrORKAMBI
Subscribe for More Information
13:50 EDTLVSLas Vegas Sands technical notes ahead of earnings
The shares have been in a steady downtrend since the trend began in March 2013. At the current price of $40, the stock would need to take out the $45 area on the upside to break the current downtrend. This would be a technical positive and bullish for future price. Next resistance would be at $47.42. If the news continues to be bearish, the downtrend is likely to extend. First support below $40 is at $38.32. Thereafter support is at $36.77 and the 52-week low at $34.88.
10:00 EDTFSLROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Criteo (CRTO) initiated with an Equal Weight at Morgan Stanley... Devon Energy (DVN) initiated with a Buy at Citi... Fair Isaac (FICO) initiated with an Outperform at William Blair... First Solar (FSLR) initiated with a Buy at Roth Capital... Ideal Power (IPWR) initiated with a Buy at Rodman & Renshaw... Juniper Pharmaceuticals (JNP) initiated with an Outperform at Northland... MeetMe (MEET) initiated with a Buy at Topeka... MoneyGram (MGI) initiated with a Buy at Feltl... Petroleum Geo-Services (PGSVY) initiated with a Buy at HSBC... Rubicon Project (RUBI) initiated with an Equal Weight at Morgan Stanley... Smart & Final Stores (SFS) initiated with a Buy at BB&T... Tuesday Morning (TUES) initiated with a Neutral at B. Riley.
09:57 EDTLVSJanuary weekly straddle priced for % movement.
Subscribe for More Information
08:13 EDTFSLRFirst Solar initiated with a Buy at Roth Capital
Subscribe for More Information
07:29 EDTVRTXChecks indicate worries over Vertex Orkambi overdone, says Stifel
After conducting checks with cystic fibrosis doctors, Stifel says the checks indicate that the Street's worries regarding Orkambi uptake, adherence, and persistence are overdone. The firm remains upbeat on the drug's longer term outlook and keeps a $160 price target and Buy rating on the shares.
January 25, 2016
15:03 EDTEXCPJM-linked energy generators crash after Supreme Court upholds 'demand response'
Shares of Dynegy (DYN) and select peers are trading lower after the Supreme Court ruled in favor of the Federal Energy Regulatory Commission and its so-called demand response, an industry practice that seeks to encourage lower energy usage. The rule, which pays customers for not using power, effectively boosts supply and increases pressure on prices in the PJM power grid, the nation's biggest merchant power market. Dynegy, Talen (TLN), Exelon (EXC) and FirstEnergy (FE) are the largest merchant generators in PJM, according to Bloomberg data. PRICE ACTION: Dynegy has fallen roughly 11.2% to $9.92. Exelon, NRG Energy (NRG), Talen and Calpine (CPN) have slipped 2.8%, 7.8%, 5.2%, and 7.7%, respectively, while energy savings firm EnerNOC (ENOC) jumped nearly 78% in the wake of the ruling.
10:21 EDTEXCSupreme Court upholds FERC 'demand response' rule
Subscribe for More Information
1 | 2 | 3 | 4 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use