New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 17, 2014
09:59 EDTTQNT, TRXC, WBMD, SWKS, SNDK, NCLH, JAZZ, FMI, ADHD, RFMD, MHR, HAFC, CVA, ACOR, PCL, KRO, GBDC, BNFT, ACRXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AcelRx (ACRX) initiated with a Buy at Canaccord... Acorda Therapeutics (ACOR) initiated with a Hold at Canaccord... Alcobra (ADHD) initiated with a Buy at Canaccord... Benefitfocus (BNFT) initiated with a Market Perform at William Blair... Cameron (CAM) initiated with a Buy at Gabelli... Covanta (CVA) initiated with an Outperform at Macquarie... Foundation Medicine (FMI) initiated with a Market Perform at William Blair... Golub Capital (GBDC) initiated with an Outperform at Raymond James... Hanmi Financial (HAFC) initiated with an Outperform at Raymond James... Jazz Pharmaceuticals (JAZZ) initiated with a Buy at Canaccord... Kronos Worldwide (KRO) initiated with a Reduce at SunTrust... Magnum Hunter (MHR) initiated with a Hold at Maxim... Norwegian Cruise Line (NCLH) initiated with a Buy at Longbow... Plum Creek Timber (PCL) initiated with an Outperform at RBC Capital... RF Micro Devices (RFMD) initiated with a Market Perform at BMO Capital... SanDisk (SNDK) assumed with an Overweight at Piper Jaffray... Skyworks (SWKS) initiated with a Market Perform at BMO Capital... TransEnterix (TRXC) initiated with a Buy at Sterne Agee... TriQuint (TQNT) initiated with a Market Perform at BMO Capital... WebMD (WBMD) initiated with an Outperform at William Blair.
News For ACRX;ACOR;ADHD;BNFT;CVA;FMI;GBDC;HAFC;JAZZ;KRO;MHR;NCLH;PCL;RFMD;SNDK;SWKS;TRXC;TQNT;WBMD 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 | all recent news | >>
April 7, 2015
11:09 EDTFMIOptions with decreasing implied volatility
Subscribe for More Information
10:10 EDTJAZZ, ACORJazz patent on Xyrem latest to be challenged by Kyle Bass
Subscribe for More Information
08:50 EDTSWKSRF names' weakness creates buying opportunity, says MKM Partners
MKM Partners says that the performance of RF names has been "choppy" lately, even though the stocks are exposed to one of the best defensible growth stories in its coverage. It says that weakness in China is likely limited to the low end of the domestic market. The firm raised its price target on Qorvo (QRVO) to $95 from $87, on Skyworks (SWKS) to $116 from $86, and on Avago (AVGO) to $148 from $130. It keeps Buy ratings on all three names.
08:10 EDTSWKSSkyworks price target raised to $110 from $90 at Pacific Crest
Subscribe for More Information
April 6, 2015
16:17 EDTSNDKOn The Fly: Closing Wrap
Subscribe for More Information
15:58 EDTSNDKNeedham says an acquisition of SanDisk is unlikely
Subscribe for More Information
15:52 EDTHAFCHanmi Financial Chief Credit Officer Randall Ewig to resign
Subscribe for More Information
13:35 EDTSNDKSanDisk climbs after being identified as 'excellent' takeover target
Subscribe for More Information
12:04 EDTSNDKStocks with call strike movement; SNDK AMAT
SanDisk (SNDK) July 75 call option implied volatility increased 2% to 36, Applied Materials (AMAT) October 26 call option implied volatility increased 5% to 36 according to IVolatility.
11:10 EDTSNDKSanDisk trades up, levels to watch
Subscribe for More Information
10:58 EDTSNDKWestern Digital calls active on SanDisk speculation.
Western Digital (WDC) May 92 and 97 are active on 2,500 contracts versus 200 puts following a report by Susquehanna that speculates the company should consider an acquisition of SanDisk (SNDK). The firm believes Western Digital acquiring SanDisk's NAND supply and flash IP would be a transformational move for the company and a 35% premium, or $86 per share, purchase price for SanDisk would be accretive by year two.
10:02 EDTMHR, SWKSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AGCO (AGCO) downgraded to Sell from Hold at Deutsche Bank... CONSOL (CNX) downgraded to Hold from Buy at Deutsche Bank... Catamaran (CTRX) downgraded to Market Perform from Outperform at BMO Capital... Comerica (CMA) downgraded to Neutral from Buy at Guggenheim... Gannett (GCI) downgraded to Market Perform from Outperform at FBR Capital... Magnum Hunter (MHR) downgraded to Hold from Buy at Wunderlich... Qualcomm (QCOM) downgraded to Market Perform from Outperform at FBR Capital... Regions Financial (RF) downgraded to Neutral from Buy at Guggenheim... SAP (SAP) downgraded at Wells Fargo... Sanderson Farms (SAFM) downgraded to Underweight from Sector Weight at KeyBanc... Scorpio Tankers (STNG) downgraded to Neutral from Accumulate at Global Hunter... Simpson Manufacturing (SSD) downgraded to Neutral from Buy at DA Davidson... Skyworks (SWKS) downgraded at Stephens... TripAdvisor (TRIP) downgraded to Hold from Buy at Needham... Western Union (WU) downgraded to Neutral from Positive at Susquehanna... Zillow Group (Z) downgraded to Equal Weight from Overweight at Barclays.
09:29 EDTMHRMagnum Hunter downgraded to Underweight from Equalweight at Capital One
Capital One downgraded Magnum Hunter to Underweight following receiving a SEC Wells Notice related to the company's financial reporting and internal control issues.
09:22 EDTMHR, SWKSOn The Fly: Pre-market Movers
HIGHER: Uniqure (QURE), up 44.2% following strategic collaboration with Bristol-Myers (BMY)... Cytori Therapeutics (CYTX), up 22.4% after Lorem Vascular receives regulatory clearance in China... Curis (CRIS), up 8.5% after FDA grants orphan drug designation to CUDC-907 for the treatment of Diffuse Large B-Cell Lymphoma... Capnia (CAPN), up 5.9% after being awarded a $220,000 NIH grant... Tesla (TSLA), up 3.8% after reporting first quarter deliveries up 55% to 10,030 cars... Ariad (ARIA), up 3.4% following approval of Iclusig in Canada... Lumber Liquidators (LL), up 3.1% after being upgraded to Outperform from Market Perform at Raymond James. LOWER: Magnum Hunter (MHR), down 8.9% after being downgraded to Hold from Buy at Wunderlich... Herbalife (HLF), down following CNBC report that federal law enforcement agencies contacted the company regarding its business practices... Qualcomm (QCOM), down 2.2% following a Wall Street Journal report that the Samsung (SSNLF) Galaxy S6 did not have a Qualcomm LTE modem... Skyworks (SWKS), down 2.1% after being downgraded to Equal Weight from Overweight at Stephens.
08:33 EDTSNDKWestern Digital acquisition of SanDisk would be compelling, says Susquehanna
Subscribe for More Information
08:13 EDTSWKSSkyworks downgraded at Stephens
As previously reported, Stephens downgraded Skyworks to Equal Weight from Overweight. The firm downgraded shares based on valuation and said fundamentals remains solid. Price target raised to $100 from $85.
08:11 EDTSNDKSanDisk an excellent takeover candidate, says Bernstein
Noting that SanDisk's stock has tumbled 40% from its high and 35% so far this year, Bernstein says the stock is now trading about 40% below its replacement value. The firm says the company is an excellent takeover target at these levels, since acquiring it would be far cheaper than building fabs organically. The firm adds that it believes that activist investors have become more interested in pushing for change at the company. Bernstein keeps a $100 price and Outperform rating on the shares.
07:17 EDTMHRMagnum Hunter downgraded to Hold from Buy at Wunderlich
Subscribe for More Information
07:15 EDTSWKSSkyworks downgraded to Equal Weight from Overweight at Stephens
Subscribe for More Information
April 5, 2015
13:52 EDTMHRMagnum Hunter receives Wells Notice from SEC
Magnum Hunter disclosed in a regulatory filing on Friday that as previously disclosed, in April 2013, the company received a letter from the staff of the SEC’s Division of Enforcement stating that the Staff was conducting an inquiry regarding the company’s internal controls, change in outside auditors during 2012 and 2013 and public statements to investors and asking the company to preserve documents relating to these matters. In December 2013, the company received a document subpoena from the Staff relating to the issues identified in the April 2013 letter. During 2014, the Staff issued additional subpoenas for documents and testimony, and it has taken testimony from certain individuals. The company has fully complied and cooperated with the Staff’s requests and subpoenas. Magnum Hunter added that in connection with the Staff’s inquiry, on March 24, the company received a “Wells Notice” from the Staff, stating that the Staff has made a preliminary determination to recommend that the SEC file an enforcement action against the company. On that date, the Staff issued similar Wells Notices to Gary C. Evans, the company’s Chairman and CEO, J. Raleigh Bailes, Sr., a director of the company and former Chairman of the Company’s Audit Committee, the former CFO of the company who was in office at the time of the company’s decision to dismiss its prior independent registered public accounting firm and the former chief accounting officer of the company who had resigned from that position with the company in October 2012.
1 | 2 | 3 | 4 | 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