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Stock Market & Financial Investment News

News Breaks
February 19, 2014
10:00 EDTRHT, SNI, JBHT, CX, CVBF, SAIA, GOGO, CPST, PAAS, CCMP, MTB, G, ACT, AHTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Actavis (ACT) upgraded to Buy from Neutral at Goldman... Ashford Hospitality (AHT) upgraded to Outperform from Neutral at RW Baird... CEMEX (CX) upgraded to Buy from Neutral at Sterne Agee... Capstone Turbine (CPST) upgraded to Outperform from Market Perform at FBR Capital... Genpact (G) upgraded to Buy from Neutral at Citigroup... Gogo (GOGO) upgraded to Overweight from Equal Weight at Evercore... J.B. Hunt (JBHT) upgraded to Buy from Hold at Wunderlich... M&T Bank (MTB) upgraded to Buy from Neutral at SunTrust... Saia, Inc. (SAIA) upgraded to Buy from Hold at Wunderlich... Scripps Networks (SNI) upgraded at Argus... Cabot Microelectronics (CCMP) upgraded at DA Davidson... CVB Financial (CVBF) upgraded to Outperform from Market Perform at Fig Partners... Red Hat (RHT) upgraded to Outperform from Market Perform at Cowen... Pan American Silver (PAAS) upgraded to Market Perform from Underperform at BMO Capital.
News For ACT;AHT;CPST;CX;G;GOGO;JBHT;MTB;SAIA;SNI;CCMP;CVBF;RHT;PAAS From The Last 14 Days
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November 10, 2014
16:34 EDTACTActavis appoints Maria Teresa Hilado as CFO
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16:28 EDTSNISoutheastern Asset Management reports 11.7% passive stake in Scripps Networks
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15:55 EDTGOGOGogo continues to climb higher, levels to watch
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13:14 EDTGOGOAT&T not entering Inflight Connectivity space, RGN reports
AT&T (T) decided not to enter the inflight connectivity after deeming the space too risky, RGN reports, citing sources. AT&T confirmed in a statement to the website, "After a thorough review of our investment portfolio, the company decided to no longer pursue entry into the Inflight Connectivity industry." AT&T's entrance into the space was seen as possibly competitive threat to Gogo (GOGO). Reference Link
09:20 EDTGOGOOn The Fly: Pre-market Movers
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08:50 EDTCPSTCapstone Turbine secures C1000 order to upgrade pasta factory in Sicily
Capstone Turbine announced that it received an order for a C1000 microturbine to upgrade a food manufacturing facility for Sicilian pasta maker Tomasello. IBT Group, Capstone's Italian distributor, secured the order through Onda Energia, the local multi-utility energy service company, or ESCO, in Sicily. Tomasello's microturbine installation will work in parallel with the region's utility grid, providing improved energy management and reliability to the food manufacturer. The project is expected to be commissioned in early 2015.
07:33 EDTGOGOGogo reports Q3-end Business Aviation with 2,637 ATG systems online
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07:32 EDTGOGOGogo reports Q3-end Commercial Aviation N America with 2,044 aircraft online
Average monthly service revenue per aircraft online increased to $10,134, up 22% from $8,338 in Q3 2013, driven by a 7% increase in take rate to 6.2% and an 8% increase in average revenue per session to $11.43 as a result of price increases and changes in product mix.
07:32 EDTGOGOGogo backs FY14 revenue $400M-$422M, conesnsus $407M
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07:31 EDTGOGOGogo reports Q3 EPS (29c), consensus (26c)
Reports Q3 revenue $104.04M, consensus $103.73M; Reports Q3 adjusted EBITDA $1.2M. Reports Q3 Service revenue up 28% to $81.6M.
07:20 EDTJBHTRW Baird to hold a conference
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November 7, 2014
15:19 EDTGOGOGogo volatility elevated into Q3 and outlook
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12:03 EDTGOGOGogo receives STC from FAA to install Ku-Satellite on Boeing 757-200, 767-400
Gogo (GOGO) has received Supplemental Type Certificates, or STCs, from the FAA to install its Ku-band satellite equipment on Boeing (BA) 757-200 and 767-400 aircraft operated by Delta Air Lines (DAL). Gogo now has five STCs for its Ku-band satellite service on Delta's international fleet. With the newly-issued STCs, Gogo is one STC away from having regulatory approval to install its Ku service on Delta's entire international fleet. Gogo expects to complete installations on Delta's international fleet in 2016.
11:18 EDTCCMPShapiro Capital reports 6.11% passive stake in Cabot Microelectronics
10:00 EDTJBHTOn The Fly: Analyst Downgrade Summary
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09:54 EDTGOGOGogo management to meet with JPMorgan
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09:49 EDTACTAckman says Allergan 'tipping scales' in Actavisí favor, disadvantaging Valeant
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09:04 EDTJBHTJ.B. Hunt downgraded at Raymond James
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06:58 EDTJBHTJ.B. Hunt 2015 guidance may bring sell-off, says Deutsche Bank
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06:45 EDTJBHTJ.B. Hunt downgraded to Market Perform from Outperform at Raymond James
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