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Stock Market & Financial Investment News

News Breaks
November 8, 2012
10:08 EDTWDAY, BSMX, XRAY, ABAX, WOOF, JMI, CREE, SIRO, IDXX, ALGN, WWDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Abaxis (ABAX) initiated with a Buy at Stifel Nicolaus... Align Technology (ALGN) initiated with a Buy at Stifel Nicolaus... Cree (CREE) initiated with an Outperform at Wedbush... Dentsply (XRAY) initiated with a Hold at Stifel Nicolaus... IDEXX (IDXX) initiated with a Hold at Stifel Nicolaus... Javelin Mortgage (JMI) initiated with an Outperform at Oppenheimer... Santander Mexico (BSMX) initiated with a Buy at Goldman... Sirona Dental (SIRO) initiated with a Buy at Stifel Nicolaus... VCA Antech (WOOF) initiated with a Hold at Stifel Nicolaus... Woodward (WWD) initiated with a Hold at Jefferies... Workday (WDAY) initiated with an Outperform at JMP Securities.
News For ABAX;ALGN;CREE;XRAY;IDXX;JMI;BSMX;SIRO;WOOF;WWD;WDAY From The Last 14 Days
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May 22, 2013
17:23 EDTWDAYWorkday sees Q2 billings increasing sequentially
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16:07 EDTWDAYWorkday sees FY14 revenue $425M-$440M, consensus $433.25M
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16:07 EDTWDAYWorkday sees Q2 revenue $97M-$101M, consensus $99M
16:06 EDTWDAYWorkday reports Q1 adjusted EPS (15c), consensus (18c)
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15:28 EDTWDAYNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Hewlett-Packard (HPQ), consensus 81c; Limited Brands (LTD), consensus 46c; Workday (WDAY), consensus (18c); PetSmart (PETM), consensus 96c; Synopsys (SNPS), consensus 63c; HEICO (HEI), consensus 40c.
10:00 EDTCREEOn The Fly: Analyst Upgrade Summary
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08:09 EDTCREECree upgraded at Sterne Agee
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06:31 EDTCREECree upgraded to Buy from Neutral at Sterne Agee
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06:25 EDTCREEGlobal LED tube light shipments to reach 220M units in 2013, DigiTimes says
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May 21, 2013
06:37 EDTCREERevenues for LED drivers to triple by 2015, Digitimes reports
Global revenues for LED ddrivers used in general lighting applications is expected to triple by 2015, reports DigiTimes. Citing IMS Research, the market governing LED driver ICs will surge to $666M in 2015 from $214M in 2012. Reference Link
May 20, 2013
15:52 EDTXRAYDentsply downgraded to Market Perform from Outperform at Barrington
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15:52 EDTWOOFVCA Antech downgraded to Market Perform from Outperform at Barrington
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15:51 EDTALGNAlign Technology downgraded to Market Perform from Outperform at Barrington
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07:40 EDTSIROSirona Dental shares undervalued, says Stifel
After Sirona reported higher than expected EPS and slightly raised its guidance, Stifel thinks the company will benefit from a robust Omnicam product cycle and strengthening digital dentistry business. The firm believes that the company may also be boosted by its sales and marketing initiatives, and it keeps a Buy rating on the stock.
07:34 EDTXRAYUBS to host a conference
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May 16, 2013
14:44 EDTCREECree management to meet with JPMorgan
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May 14, 2013
10:01 EDTCREEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AVG Technologies (AVG) downgraded to Neutral from Buy at Goldman... Cigna (CI) downgraded to Hold from Buy at Jefferies... Cree (CREE) downgraded to Neutral from Buy at Sterne Agee... Melco Crown (MPEL) downgraded to Neutral from Buy at UBS... SolarCity (SCTY) downgraded to Neutral from Buy at Roth Capital... KB Home (KBH) downgraded to Market Perform from Outperform at Raymond James... Ryland Group (RYL) downgraded to Underperform from Market Perform at Raymond James... Alere (ALR) downgraded to Hold from Buy at Craig-Hallum... Evolution Petroleum (EPM) downgraded to Hold from Buy at MLV Equity... Oil States (OIS) downgraded to Hold from Buy at BB&T... VIVUS (VVUS) downgraded to Neutral from Buy at Lazard Capital.
07:36 EDTCREECree price target raised to $73 from $62 at Lazard Capital
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07:25 EDTCREECree downgraded at Sterne Agee
As previously reported, Sterne Agee downgraded Cree to Neutral from Buy. The firm's checks indicate Philips Lighting North America has been aggressive in its marketing efforts forcing agents to choose between Philips and Cree lighting products. The analyst believes this will result in increased disruptions for Cree and lowered its price target to $59 from $66.
06:17 EDTCREECree downgraded to Neutral from Buy at Sterne Agee
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