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Stock Market & Financial Investment News

News Breaks
April 11, 2013
10:23 EDTSLAB, STL, BYD, HL, LRCX, ADBE, TOL, ZUMZ, LHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Adobe (ADBE) upgraded to Neutral from Sell at Goldman... Boyd Gaming (BYD) upgraded to Overweight from Equal Weight at Morgan Stanley... LabCorp (LH) upgraded to Neutral from Sell at Goldman... Lam Research (LRCX) upgraded to Outperform from Neutral at Cowen... Sterling Bancorp (STL) upgraded to Outperform from Market Perform at Keefe Bruyette... Zumiez (ZUMZ) upgraded to Neutral from Underweight at Piper Jaffray... Hecla Mining (HL) upgraded to Hold from Sell at Deutsche Bank ... Silicon Laboratories (SLAB) upgraded to Overweight from Equal Weight at Barclays... Boyd Gaming (BYD) upgraded at Morgan Stanley... Toll Brothers (TOL) upgraded to Neutral from Negative at Susquehanna.
News For ADBE;BYD;LH;LRCX;STL;ZUMZ;HL;SLAB;TOL From The Last 14 Days
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July 29, 2015
07:19 EDTSLABSilicon Laboratories sees Q3 adjusted EPS 39c-45c, consensus 60c
Sees Q3 revenue $151M-$156M, consensus $174.34M. “We delivered another record quarter, and are encouraged by the traction we are seeing in our strategic growth businesses including our Internet of Things, Infrastructure and Broadcast automotive products,” said Tyson Tuttle, CEO of Silicon Labs. “However, we believe macro trends continue to stifle the global demand for TVs, with the latest market estimates calling for a reduction in unit demand for 2015. Accordingly, we expect third quarter Broadcast revenue to decline again by approximately 15%, counter to typical seasonality.”
07:18 EDTSLABSilicon Laboratories reports Q2 adjusted EPS 56c, consensus 53c
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07:13 EDTSTLKeefe Bruyette to hold a conference
16th Annual Community Bank Investor Conference is being held in New York on July 28-29 with webcasted company presentations to begin on July 29 at 8 am; not all company presentations may be webcasted. Webcast Link
July 28, 2015
10:00 EDTBYDNevada reports June statewide gaming win down 8.4% to $830.94M
Reports June Las Vegas Strip gaming win down 16.3% to $445.51M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
10:00 EDTBYDOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aegerion (AEGR) upgraded to Buy from Hold at Jefferies... Ameren (AEE) upgraded to Neutral from Sell at Goldman... AutoNation (AN) upgraded to Buy from Neutral at Sterne Agee CRT... Beacon Roofing (BECN) upgraded to Outperform at Baird... BlackBerry (BBRY) upgraded to Equal Weight from Underweight at Morgan Stanley... Bojangles (BOJA) upgraded to Buy from Neutral at SunTrust... Boyd Gaming (BYD) upgraded to Neutral from Underperform at BofA/Merrill... Columbus McKinnon (CMCO) upgraded to Buy from Neutral at Sidoti... Danaher (DHR) upgraded to Overweight from Equal Weight at Morgan Stanley... Emerald Oil (EOX) upgraded to Hold from Sell at Wunderlich... Haemonetics (HAE) upgraded Outperform from Market Perform at Barrington... Jefferies sees entry point for Aegerion (AEGR), upgrades to Buy... Philips (PHG) upgraded to Buy from Hold at Societe Generale... Plum Creek Timber (PCL) upgraded to Buy from Neutral at DA Davidson... Raytheon (RTN) upgraded to Buy from Neutral at BofA/Merrill... SandRidge Energy (SD) upgraded to Hold from Sell at Wunderlich... Telecom Argentina (TEO) upgraded to Outperform from Market Perform at Raymond James... Teva (TEVA) upgraded to Outperform from Market Perform at BMO Capital... Triumph Bancorp (TBK) upgraded to Buy from Hold at Evercore ISI... Waste Management (WM) upgraded on valuation, rebounding businesses at Argus... Wisconsin Energy (WEC) upgraded to Buy from Neutral at Goldman.
07:59 EDTLRCXKLA-Tencor downgraded to Sell from Neutral at Citi
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07:55 EDTBYDBoyd Gaming upgraded to Neutral at BofA/Merrill
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07:33 EDTLHLabCorp says Deborah Keller to succeed Joseph Herring as Covance CEO
LabCorp announced that Deborah Keller will succeed Joseph Herring as CEO of Covance Drug Development. Herring will retire on July 31 after more than a decade as CEO. Keller joined Covance in 1987 and has held senior leadership roles in global operations, quality assurance, and marketing over her tenure. Most recently she served as Executive Vice President, Covance and Group President, R&D Laboratories, where she led the combined central laboratory and early development laboratory organizations of more than 6,000 employees at 18 facilities across the globe.
07:17 EDTLHLabCorp raises FY15 adjusetd EPS view to $7.75-$8.00 from $7.55-$7.90
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07:16 EDTLHLabCorp reports Q2 adjusted EPS $2.09, consensus $2.03
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06:44 EDTBYDBoyd Gaming upgraded to Neutral from Underperform at BofA/Merrill
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05:31 EDTSLABRFaxis announces collaboration with Silicon Laboratories
RFaxis announced a new collaboration with Silicon Labs on chipset reference designs to address the high-growth Internet of Things and smart home markets. RFaxis has developed RF front-end reference designs that extend the reach and capabilities of Silicon Labs’ ZigBee and Thread EM35x mesh networking products. Silicon Labs is a founding member of the Thread Group that is helping product developers and consumers easily and securely connect more than 250 devices into a low-power, wireless mesh network that supports seamless Internet and cloud access.
July 27, 2015
16:56 EDTSTLSterling Bancorp reports Q2 core EPS 23c, up 21.1% over year ago period
15:03 EDTLHNotable companies reporting before tomorrow's open
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July 23, 2015
19:06 EDTBYDOn The Fly: After Hours Movers
UP AFTER EARNINGS: Amazon (AMZN), up 17.2%... Marketo (MKTO), up 15.4%... Juniper Networks (JNPR), up 9.9%... NetGear (NTGR), up 9.2%... Qlik Technologies (QLIK), up 9.1%... LogMeIn (LOGM), up 9.9%... Pandora (P), up 10.3%... Mitek Systems (MITK), up 7.8%... Proofpoint (PFPT), up 5.1%... Supreme Industries (STS), up 4.7%... Skyworks (SWKS), up 3.6%... IGI Laboratories (IG), up 3.7%... Maxim Integrated Products (MXIM), up 4.1%... Boyd Gaming (BYD), up 4.1%... Trinity Industries (TRN), up 5%... Trinity Industries (N), up 3.2%... Starbucks (SBUX), up 4.5%. ALSO HIGHER: Qorvo (QRVO), up 2.7% after Skyworks reported quarterly results. DOWN AFTER EARNINGS: TrueCar (TRUE), down 33.1% after reporting quarterly results and cutting fiscal 2015 revenue guidance... Tripadvisor (TRIP), down 9.2%... Align Technology (ALGN), down 7.4%... Capital One (COF), down 4.9%... PMC-Sierra (PMCS), down 9.1%... athenahealth (ATHN), down 2.1%. ALSO LOWER: Sunesis Pharmaceuticals (SNSS), down 59.7% after giving vosaroxin regulatory update... Avalanche Biotechnologies (AAVL), down 5.6% after CEO Thomas Chalberg, Jr., Ph.D. resigns and Hans Hull name interim CEO.
17:32 EDTBYDBoyd Gaming raises FY15 Borgata adjusted EBITDA to $170M
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16:20 EDTBYDBoyd Gaming raises 2015 adjusted EBITDA outlook to $575M-$595M
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16:19 EDTBYDBoyd Gaming reports Q2 adjused EPS 24c, consensus 10c
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July 20, 2015
09:02 EDTADBEAdobe names Abhay Parasnis as CTO, senior VP of Platform Technology & Services
Adobe named Abhay Parasnis as chief technology officer and senior vice president of platform technology and services. Parasnis will drive Adobe’s technology strategy, architecture and innovation roadmap for its cloud services, focusing on integration of its three cloud services; providing a consistent customer experience via the cloud; and enabling the company’s cloud-based go-to-market strategies. Parasnis brings nearly 20 years of experience in the software industry. Most recently, he was president and chief operating officer of venture-funded enterprise mobility leader Kony.
07:44 EDTBYDRegional Gaming estimates raised at BofA/Merrill
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