New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2013
10:03 EDTSYNT, CMI, WAC, SPRD, BBRY, WAG, PLCM, ABCOn The Fly: Analyst Upgrade SummaryWalter Investment
Today's noteworthy upgrades include: AmerisourceBergen (ABC) upgraded to Buy from Neutral at Citigroup... BlackBerry (BBRY) upgraded to Overweight from Underweight at Morgan Stanley... Cummins (CMI) upgraded to Outperform from Market Perform at William Blair... Polycom (PLCM) upgraded to Buy from Neutral at Goldman... Spreadtrum (SPRD) upgraded to Buy from Hold at Jefferies... Syntel (SYNT) upgraded to Neutral from Negative at Susquehanna... Walgreen (WAG) upgraded to Buy from Sell at Citigroup... Walter Investment (WAC) upgraded to Buy from Neutral at Sterne Agee... Walter Investment (WAC) upgraded at Sterne Agee.
News For ABC;BBRY;CMI;PLCM;SPRD;SYNT;WAG;WAC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
May 28, 2015
09:34 EDTBBRYActive equity options trading on open
Subscribe for More Information
May 27, 2015
09:38 EDTBBRYActive equity options trading on open
Subscribe for More Information
May 26, 2015
13:36 EDTBBRYSources say Microsoft examining potential BlackBerry bid, Betaville reports
Subscribe for More Information
11:45 EDTSYNTGenpact, Syntel decline comment on Times of India report, Bloomberg says
Subscribe for More Information
10:31 EDTSYNTSyntel up 3% after Times of India report on potenital takeover interest
10:30 EDTSYNTBain, Genpact evaluating takeover of Syntel, Times of India says
Subscribe for More Information
May 25, 2015
19:08 EDTBBRYBlackBerry consolidates device business, cuts 'number' of jobs, Re/code says
BlackBerry announced it will consolidate its device software, hardware and applications business, impacting a number of employees around the world, reports Re/code, citing an emailed statement from the company. "One of our priorities is making our device business profitable. At the same time, we must grow software and licensing revenues. You will see in the coming months a significant ramping up in our customer-facing activities in sales and marketing," said the company. Reference Link
May 22, 2015
10:59 EDTBBRYBlackBerry advances after second report says Microsoft weighing bid
Subscribe for More Information
06:18 EDTBBRYBlackBerry an acquisition target after return to profitability, Digitimes says
Subscribe for More Information
May 21, 2015
16:50 EDTBBRYBlackBerry up 2% after announcing proposed share repurchase program
16:38 EDTBBRYBlackBerry to propose new employee share purchase plan
Subscribe for More Information
16:36 EDTBBRYBlackBerry to buy for cancellation up to 12M common shares
BlackBerry announced that its Board of Directors has authorized a share repurchase program to purchase for cancellation up to 12M BlackBerry common shares, or approximately 2.6% of the outstanding public float. BlackBerry can purchase the common shares over the Nasdaq Stock Market or, subject to regulatory approval, on the Toronto Stock Exchange or other markets. In the past 12 months, BlackBerry has not repurchased any of its outstanding securities. At its annual meeting of shareholders on June 23, BlackBerry will present for approval a new employee share purchase plan and a proposed increase in the number of shares available under BlackBerry's equity incentive plan. If these proposals are approved by shareholders at the meeting, BlackBerry will file a notice of intention to commence a normal course issuer bid with the TSX. The share repurchase program would remain in place for up to 12 months from acceptance of the notice of intention by the TSX, or such earlier time as the purchases are completed or the program is terminated by BlackBerry. If the proposals are not approved by shareholders, BlackBerry does not expect that it will proceed with the share repurchase program. "The purpose of this repurchase program will be to offset dilution that may result from our proposed employee share purchase plan and from proposed amendments to our equity incentive plan," said BlackBerry Executive Chairman and CEO, John Chen. "We intend to take advantage of our strong cash position to purchase our shares when the market price does not reflect what we view to be the underlying value and future prospects of our business, without adversely affecting our strategic initiatives," added Mr. Chen. The price that BlackBerry will pay for any shares under the share repurchase program will be the prevailing market price at the time of purchase. The share repurchase program will be effected in accordance with Rule 10b-18 under the U.S. Securities Exchange Act of 1934 and the TSX's normal course issuer bid rules, which contain restrictions on the number of shares that may be purchased on a single day, subject to certain exceptions for block purchases, based on the average daily trading volumes of BlackBerry's shares on the applicable exchange. In addition, BlackBerry may enter into forward purchase or swap contracts in connection with common shares which may be settled by physical settlement, cash settlement or a combination thereof. The forward price will be based on market price, dividend yield and market interest rates.
08:09 EDTABCAmerisourceBergen has a conference call hosted by JPMorgan
JPMorgan Analyst Gill will host a conference call with CEO Steve Collis on May 28 at 11 am.
May 20, 2015
10:37 EDTCMICaterpillar April update seems negative for earnings power, says Wells Fargo
Subscribe for More Information
May 19, 2015
08:37 EDTBBRYBlackBerry software showing encouraging signs, says RBC Capital
RBC Capital says it's seeing encouraging signs regarding the sales of BlackBerry's software to regulated sectors, including government ,financials, and healthcare. The firm says that the company's mobile device management system, BES 12, is adding customers, while its resellers are getting more comfortable selling its software and sales of its technology solutions products are beating its guidance. RBC slashed its hardware sales estimates for the company and expects its Q1 revenue to come in well below expectations as a result, but adds that software has become the company's focus. It keeps an $11 price target and Sector Perform rating on the shares.
06:29 EDTBBRYBlackBerry CEO says smartphone business will be profitable again, BI reports
Subscribe for More Information
May 18, 2015
10:01 EDTABCOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:42 EDTABCAmerisourceBergen downgraded to Market Perform from Outperform at Cowen
Subscribe for More Information
07:22 EDTABCUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 18 at 8 am; not all company presentations may be webcasted. Webcast Link
05:50 EDTBBRYStocks with implied volatility movement; BBRY MNKD
Stocks with implied volatility movement; BlackBerry (BBRY) 55, MannKind (MNKD) 75 according to iVolatility.
1 | 2 | all recent news | >>

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