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Stock Market & Financial Investment News

News Breaks
May 7, 2013
05:55 EDTACAT, ACAT, ACAT, ANSS, ANSS, ANSS, CROX, CROX, CROX, DRI, DRI, DRI, WDC, WDC, WDC, LSCC, LSCC, LSCC, JEC, JEC, JEC, FARO, FARO, FARORW Baird to host a conference
Growth Stock Conference is being held in Chicago on May 7-9.
News For ACAT;ANSS;CROX;DRI;WDC;LSCC;JEC;FARO From The Last 14 Days
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February 26, 2015
11:46 EDTANSSANSYS management to meet with Wedbush
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07:41 EDTCROXCrocs volatility elevated into Q4 and outlook
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07:23 EDTANSSANSYS' software portfolio selected by Cummins
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07:21 EDTANSSCummins signs agreement with ANSYS
ANSYS (ANSS) announced that Cummins (CMI) has signed a new agreement providing it with broad access to the ANSYS portfolio. This enterprise license agreement will enable Cummins to continue to solve some of the industry's most challenging multiphysics problems – providing its customers with some of the most innovative products on the market. The multi-year agreement provides Cummins with enterprise-wide licenses to the ANSYS structures, fluids and high-frequency electromagnetics suites as well as access to high-performance computing solutions. Cummins will also receive enhanced support and services as well as unlimited classroom and online training. The new agreement complements the Cummins Analysis Led Design initiative, which emphasizes simulation early in the product design process, when it is more cost-efficient to make changes.
07:20 EDTANSSANSYS sees FY15 EPS $3.40-$3.51, consensus $3.57
Sees FY15 revenue $944.8M-$974.8M, consensus $993.14M.
07:19 EDTANSSANSYS sees Q1 EPS 74c-79c, consensus 80c
Sees Q1 revenue $216.5M-$224.5M, consensus $228.64M.
07:18 EDTANSSANSYS reports Q4 EPS 92c, consensus 81c
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February 25, 2015
16:31 EDTFAROFARO Technologies reports Q4 EPS 64c, consensus 62c
Reports Q4 revenue $104.2M, consensus $100.8M.
February 24, 2015
07:46 EDTJECJacobs Engineering awarded contract from Bristol-Myers
Jacobs Engineering Group (JEC) announced that it received a contract from Bristol-Myers Squibb Company (BMY) to provide architectural and engineering services for a new large-scale biologics manufacturing facility in Cruiserath, County Dublin, Ireland. The facility is being designed to produce multiple therapies for the company’s robust and growing portfolio of approved and investigational biologic medicines, and to increase Bristol-Myers Squibb’s biologics manufacturing capacity. The new facility is expected to include multiple large scale bioreactors, a purification area, as well as office and laboratory space. Bristol-Myers Squibb’s Board of Directors has approved initial funding that will support the first phase of the project, with the full cost of the facility expected to be finalized in the second half of 2015. The facility is estimated to be operational in 2019.
07:25 EDTJECRW Baird to hold a conference
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February 23, 2015
11:51 EDTDRIOpco reiterates Darden as a top idea after CEO news
Oppenheimer reiterates Darden as a top idea after the company removed the temporary status of CEO Gene Lee. Opco views the development as an incremental positive and reiterates an Outperform rating on the name.
11:32 EDTCROXCrocs reorganizes regional business structure
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08:12 EDTDRIDarden board appoints Eugene Lee to CEO effective immediately
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06:40 EDTCROXCrocs price target lowered to $10 from $13 at Piper Jaffray
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February 20, 2015
10:01 EDTACATOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Advanced Drainage (WMS) initiated with an Outperform at Boenning & Scattergood... Arctic Cat (ACAT) initiated with a Hold at BB&T... Ardmore Shipping (ASC) initiated with an Accumulate at Global Hunter... Baltic Trading (BALT) initiated with a Speculative Buy at Global Hunter... Cash America (CSH) initiated with a Buy at Jefferies... Costamare (CMRE) initiated with an Accumulate at Global Hunter... DHT Holdings (DHT) initiated with a Buy at Global Hunter... Danaos (DAC) initiated with a Neutral at Global Hunter... Diana Containerships (DCIX) initiated with a Neutral at Global Hunter... Diana Shipping (DSX) initiated with a Neutral at Global Hunter... Euronav NV (EURN) initiated with a Buy at Global Hunter... Forest City (FCE.A) initiated with a Neutral at Citigroup... Fox Factory (FOXF) initiated with a Hold at BB&T... Frontline (FRO) initiated with an Accumulate at Global Hunter... Global Ship Lease (GSL) initiated with a Neutral at Global Hunter... GrubHub (GRUB) initiated with an Overweight at Barclays... Jazz Pharmaceuticals (JAZZ) initiated with an Outperform at BMO Capital... Kinder Morgan (KMI) reinstated with an Overweight at Barclays... Liberty Broadband (LBRDA) initiated with an Outperform at FBN Securities... Liberty Interactive (QVCA) initiated with a Sector Perform at FBN Securities... Liberty Media (LMCA) initiated with an Outperform at FBN Securities... MEI Pharma (MEIP) initiated with a Buy at BofA/Merrill... Navios Acquisition (NNA) initiated with a Buy at Global Hunter... Polaris Industries (PII) initiated with a Buy at BB&T... Raven (RAVN) initiated with an Equal Weight at Stephens... Scorpio Bulkers (SALT) initiated with a Speculative Buy at Global Hunter... Scorpio Tankers (STNG) initiated with an Accumulate at Global Hunter... Seaspan (SSW) initiated with a Neutral at Global Hunter... Star Bulk Carriers (SBLK) initiated with a Speculative Buy at Global Hunter... Tsakos Energy (TNP) initiated with a Buy at Global Hunter... U.S. Concrete (USCR) initiated with an Overweight at Stephens.
09:23 EDTCROXGoldman sees select Apparel and Footwear opportunities due to FX risk
Goldman said translation currency exposure in the Apparel and Footwear has created volatility and opportunity to gain exposure to this theme. Goldman's analyst sees a positive near-term set-up for Nike (NKE) and Tiffany (TIF) and a negative set-up for Crocs (CROX) and Abercrombie & Fitch (ANF) and of upcoming earnings reports.
07:06 EDTACATArctic Cat initiated with a Hold at BB&T
February 19, 2015
06:13 EDTCROXCrocs volatility elevated into Q4 and outlook
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February 18, 2015
07:07 EDTJECBarclays to hold a conference
Industrial Select Conference is being held in Miami on February 18-19.
February 17, 2015
07:49 EDTJECJacobs selected as executive architect for new Wynn Resorts development
Jacobs Engineering Group has been selected as Executive Architect and Engineer for the new Wynn Resorts development in Everett, Mass. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is leading a local team of architects and engineers assembled to take on the technically complex assignment of converting a former industrial site on the Everett waterfront to a $1.6B luxury resort that is being designed to echo grand hotels of the past. Construction is expected to begin by late summer of 2015 with a grand opening targeted for first quarter 2018.
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