New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:22 EDTACO, TWI, SJI, PRIM, POWL, OESX, MTRX, MSA, MIC, KSU, HOV, ASTE, ARC, XPOGlobal Hunter to hold a conference
1:1 Series Infrastructure & Construction Conference is being held in Chicago on March 19.
News For ACO;ARC;ASTE;HOV;KSU;MIC;MSA;MTRX;OESX;POWL;PRIM;SJI;TWI;XPO 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 | >>
September 25, 2014
18:21 EDTPOWLOn The Fly: After Hours Movers
Subscribe for More Information
17:07 EDTPOWLPowell lowers FY14 continuing ops EPS guidance to $1.25-$1.45 from $2.15-$2.40
Subscribe for More Information
17:04 EDTPOWLPowell lowers FY14 guidance after 'start-up productivity issues'
Powell Industries announced that it has experienced start-up productivity issues arising from its May implementation of new business systems and tools, a scalable infrastructure investment designed to drive process efficiency across the organization. The company began experiencing schedule delays and higher than previously anticipated operating costs in July and August as orders moved into production after the systems implementation. In addition, Powell continues to experience inefficiencies associated with the ramp up of its Canadian manufacturing operations, which are also resulting in higher operating costs. Consequently, the company is reducing its FY14 revenue and earnings guidance. Based on the preliminary review of July and August results, as well as revised production schedules, Powell now expects FY14 revenues from continuing operations to range between $630M-$640M compared to its previous guidance of $650M-$675M, predominantly due to the scheduling delays in its U.S. businesses. FY14 earnings from continuing operations are now expected to range between $1.25-$1.45 per diluted share compared to its previous guidance of $2.15-$2.40 per diluted share due to the higher costs and scheduling delays in its U.S. businesses and as well as the higher costs in Canada. Actual FY14 results could be favorably impacted by the final resolution of certain pending tax matters, which is not included in this current guidance. During this same period, incoming order rates have been robust and are expected to continue at a healthy pace.
16:55 EDTPOWLPowell trading halted, pending news
Subscribe for More Information
10:00 EDTARCARC Document Solutions initiated with a Buy at Lake Street
Target $11.
September 24, 2014
09:05 EDTHOVOn The Fly: Pre-market Movers
Subscribe for More Information
08:38 EDTHOVKB Home drops 3% to $16.49 after Q3 results miss estimates
KH Home (KBH) peers include Beazer Homes (BZH), D.R. Horton (DHI), Hovnanian (HOV), Lennar (LEN), M.D.C. Holdings (MDC), PulteGroup (PHM), Ryland Group (RYL) and Toll Brothers (TOL).
07:47 EDTXPOXPO Logistics price target raised to $45 from $36 at Oppenheimer
Subscribe for More Information
September 23, 2014
11:15 EDTSJISouth Jersey Industries management to meet with FBN Securities
Meetings to be held in San Francisco on September 29 and in Los Angeles on September 30 hosted by FBN Securities.
September 22, 2014
10:15 EDTMSAOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:20 EDTXPOGIC Private reports 5.9% passive stake in XPO Logistics
08:33 EDTXPOXPO Logistics price target raised to $48 from $38 at FBR Capital
Subscribe for More Information
08:01 EDTMSAMSA Safety upgraded to Outperform from Market Perform at Barrington
Subscribe for More Information
07:25 EDTKSUCitigroup to hold a conference
Industrials Conference to be held in Boston on September 22-24.
September 19, 2014
07:56 EDTXPOXPO Logistics price target raised to $46 from $40 at Credit Suisse
Credit Suisse raised XPO estimates and increased its price target to $46 from $40 following the $700M capital raise. The firm said the capital injection signals a strong M&A pipeline and management is in active discussions with around a dozen potential targets. Shares are Outperform rated.
September 18, 2014
09:22 EDTSJIPSEG joins PennEast Pipeline Project
Subscribe for More Information
September 17, 2014
12:25 EDTTWITitan International shares set to stage a comeback, Barron's says
Shares of Titan International have fallen approximately 27% since January. However, the company appointed a new management team earlier this year, and shares are relatively cheap, trading just 10% above tangible book value. Activist investor MHR Fund Management has also accumulated a 14% stake in the company. For all these reasons, the stock is poised to make a comeback, Barron's reports. Reference Link
September 16, 2014
13:53 EDTKSUKansas City Southern raises FY14 EPS to high teens growth from mid-teens growth
Subscribe for More Information
07:36 EDTXPOCredit Suisse to hold a conference
Subscribe for More Information
07:26 EDTXPOUltima Media to hold a conference
Subscribe for More Information
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