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Stock Market & Financial Investment News

News Breaks
November 30, 2012
09:59 EDTLMT, CAG, BRO, ULTA, HMSY, CBM, KUB, STJ, DFT, RY, WAC, ACTV, BELFBOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Active Network (ACTV) upgraded to Buy from Underperform at BofA/Merrill... Bel Fuse (BELFB) upgraded to Buy from Hold at Needham... Cambrex (CBM) upgraded to Buy from Neutral at Longbow... ConAgra (CAG) upgraded to Buy from Hold at Jefferies... DuPont Fabros (DFT) upgraded to Outperform from Sector Perform at RBC Capital... HMS Holdings (HMSY) upgraded to Buy from Hold at Jefferies... Lockheed Martin (LMT) upgraded to Fair Value from Sell at CRT Capital... St. Jude Medical (STJ) upgraded to Buy from Neutral at Mizuho... Ulta Salon (ULTA) upgraded to Outperform from Market Perform at Wells Fargo... Walter Investment (WAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Kubota Limited (KUB) upgraded to Buy from Neutral at BofA/Merrill... Brown & Brown (BRO) upgraded to Outperform from Neutral at Macquarie... Royal Bank of Canada (RY) upgraded to Outperform from Neutral at Macquarie.
News For ACTV;BELFB;CBM;CAG;DFT;HMSY;LMT;STJ;ULTA;WAC;KUB;BRO;RY From The Last 14 Days
Check below for free stories on ACTV;BELFB;CBM;CAG;DFT;HMSY;LMT;STJ;ULTA;WAC;KUB;BRO;RY the last two weeks.
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June 19, 2013
10:01 EDTBROOn The Fly: Analyst Downgrade Summary
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09:08 EDTLMTLockheed Martin and Mitsubishi Heavy sign deal for F-35 assembly, Reuters says
Lockheed Martin has agreed to a contract with Mitsubishi Heavy Industries to begin work on a final assembly and check-out plant for the F-35 Joint Strike Fighter in Japan, reports Reuters. Lockheed VP of the F-35 program Steve O'Bryan declined to give details on the contract's value after the announcement at the Paris Airshow. Reference Link
05:56 EDTBROBrown & Brown downgraded to Market Perform from Outperform at William Blair
William Blair downgraded Brown & Brown citing a weakening pricing environment.
June 18, 2013
11:36 EDTULTAOptions with decreasing implied volatility: LYV ULTA HRB
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10:01 EDTBROOn The Fly: Analyst Initiation Summary
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09:22 EDTBROBrown & Brown initiated with a Buy at Compass Point
Target $40.
June 17, 2013
11:57 EDTULTAOptions with decreasing implied volatility: DMND LYV CTRX ULTA HRB
06:02 EDTLMTITT Exelis receives contract from Lockheed Martin F-35 program
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June 14, 2013
11:14 EDTULTAOptions with decreasing implied volatility: SUPN CTRX NAV ULTA
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June 13, 2013
11:51 EDTULTAOptions with decreasing implied volatility: NAV CTRX ULTA LAMR LYV
08:32 EDTLMTLONGBOW receives $90M contract for Saudi Arabia Apache radar systems
The LONGBOW Limited Liability Company, a joint venture of Lockheed Martin (LMT) and Northrop Grumman (NOC), received a $90.6M contract to provide Saudi Arabia with LONGBOW Fire Control Radars for the AH-64 Apache Attack Helicopter. The contract award includes AH-64E LONGBOW FCRs, spares and support for the Royal Saudi Land Forces Aviation Command. The contract also includes LONGBOW FCRs for the Saudi Arabia National Guard and LONGBOW Mast Mounted Assemblies for the U.S. Army.
05:55 EDTRYRoyal Bank of Canada eyes wealth acquisitions, Reuters reports
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June 12, 2013
16:20 EDTULTAOn The Fly: Closing Wrap
Stocks on Wall Street were lower despite opening sharply higher as the market looked to avoid its first three day losing streak of the year. Downside momentum quickly took hold however, and the averages moved steadily lower through the session, moving to their lows in the final hour of trading but finishing just off those levels. ECONOMIC EVENTS: In the U.S., the MBA's purchase applications composite index rose 5.0% for the week. The U.S. posted a $139B May budget deficit against expectations for a $130B deficit, and compared to a $124.6B deficit a year ago. In Europe, factory production in the 17-nation euro area rose 0.4% in April from March, compared to expectations for it to remain unchanged. COMPANY NEWS: Cooper Tire (CTB) agreed to be acquired by India's Apollo Tyres for $35.00 per share in cash, or $2.5B. Cooper shares surged $10.10, or 41.12%, to $34.66 to trade near $34.50 following the deal announcement, while peer Goodyear Tire (GT) advanced about 33c, or 2.26%, to $14.93... Live Nation (LYV) shares gained $2.33, or 16.84%, to $16.17 after the company announced it prevailed in an arbitration ruling related to a ticketing license software agreement... MAJOR MOVERS: Among the notable gainers was Ulta Salon (ULTA), up $12.51, or 14.87%, to $96.64 following its quarterly earnings report. Also higher was Health Management (HMA), up $1.58, or 11.34%, to $15.51 after Glenview Capital said in a filing it is seeking to repeal a provision that prevents entities from holding more than 15% of the company's stock and saying it would look to nominate candidates to the company's board. Among noteworthy losers was Biogen (BIIB), down $16.48, or 7.39%, to $206.55 after the stock was downgraded to Neutral from Buy at Citigroup, which cited concerns that EU medical regulators are unlikely to approve the company's multiple sclerosis treatment. Also lower were U.S.-listed shares of Vodafone (VOD), down 71c, or 2.47%, to $28.12 after the company confirmed it approached Kabel Deutschland about a possible deal. INDICES: The Dow was down 126.79, or 0.84%, to 14,995.23; the S&P 500 was down 13.61, or 0.84%, to 1,612.52; the Nasdaq was down 36.52, or 1.06%, to 3,400.43.
12:53 EDTULTAUlta Salon volatility decreases as shares rally on double-digit sales growth
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12:27 EDTULTAOn The Fly: Midday Wrap
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11:39 EDTLMTPentagon indicates deep cuts to contractors, Government Executive reports
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09:54 EDTULTAUlta Salon trades higher after earnings beat, levels to watch
The stock is up over 14.7% to $96.62 after the company reported stronger than expected earnings last night after the close. At current price, resistance is at the high of the session at $98.63. That is below the life high at $103.52. Support is at $94.06.
09:07 EDTULTAOn The Fly: Pre-market Movers
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09:05 EDTLMTLockheed Martin awarded contract worth up to $400M from CDC
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07:22 EDTULTAUlta Salon price target raised to $98 from $90 at RBC Capital
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