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Stock Market & Financial Investment News

News Breaks
August 14, 2014
10:05 EDTITMN, FN, VSAT, SEAS, LVMUY, INFY, ADDYY, URS, QLYS, JONE, FCX, WYNN, TBPH, MSGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Adidas (ADDYY) downgraded to Neutral from Buy at Goldman... Fabrinet (FN) downgraded at B. Riley... Freeport McMoRan (FCX) downgraded at Stifel... Infosys (INFY) downgraded to Hold from Buy at Jefferies... InterMune (ITMN) downgraded to Neutral from Buy at Goldman... Jones Energy (JONE) downgraded to Neutral from Overweight at JPMorgan... LVMH Moet Hennessy (LVMUY) downgraded to Neutral from Buy at Goldman... Madison Square Garden (MSG) downgraded to Hold from Buy at Topeka... Qualys (QLYS) downgraded to Sector Perform from Outperform at RBC Capital... SeaWorld (SEAS) downgraded to Market Perform from Outperform at Wells Fargo... Theravance Biopharma (TBPH) downgraded to Underperform from Neutral at RW Baird... URS Corporation (URS) downgraded to Neutral from Buy at Sterne Agee... ViaSat (VSAT) downgraded to Perform from Outperform at Oppenheimer... Wynn Resorts (WYNN) downgraded to Hold from Buy at Gabelli.
News For ADDYY;FN;FCX;INFY;ITMN;JONE;LVMUY;MSG;QLYS;SEAS;TBPH;URS;VSAT;WYNN From The Last 14 Days
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April 13, 2015
10:00 EDTQLYS, FCXOn The Fly: Analyst Downgrade Summary
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10:00 EDTFCXOn The Fly: Analyst Upgrade Summary
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08:32 EDTADDYYUnder Armour rises after Spieth brings attention to golf gear
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08:07 EDTWYNNAdvisory firm recommends Wynn Resorts stock holders to vote for nominees
Wynn Resorts announced that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that Wynn Resorts stockholders vote "FOR" ALL of Wynn Resorts' director nominees, John J. Hagenbuch and J. Edward Virtue, on the WHITE proxy card at the Company's Annual Meeting of Stockholders to be held on April 24.
07:22 EDTMSGWave of media M&A may be on the way, WSJ says
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07:20 EDTFCXFreeport McMoRan downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Freeport McMoRan to Underperform from Neutral. The firm lowered Freeport McMoRan free cash flow estimates and price target to $19 from $22.50 following a reduction in copper and Brent oil price forecasts and said it does not expect a recovery until 2017 and the dispute over Grasberg remains an overhang.
07:06 EDTFCXFreeport McMoRan downgraded to Underperform from Neutral at BofA/Merrill
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06:55 EDTQLYSQualys downgraded to Neutral from Outperform at Baird
Baird downgraded Qualys to Neutral based on valuation.
06:11 EDTFCXFreeport McMoRan upgraded to Buy from Neutral at Citigroup
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April 12, 2015
18:11 EDTQLYSEx-hacker says many capable of launching Sony-style cyber attack, CNET says
Ninety percent of companies are vulnerable to a Sony (SNE)-like cyber attack security experts tell "60 Minutes," CNET says. Companies in the cyber security space include Barracuda (CUDA), FireEye (FEYE), Check Point (CHKP), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Qualys (QLYS), Symantec (SYMC) and Proofpoint (PFPT). Reference Link
April 8, 2015
11:08 EDTQLYSCybersecurity stocks in focus after White House security breach
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10:01 EDTJONEOn The Fly: Analyst Initiation Summary
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10:01 EDTQLYSOn The Fly: Analyst Upgrade Summary
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09:36 EDTQLYSSingtel acquires cybersecurity company Trustwave for $810M
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09:00 EDTJONEJones Energy initiated with a Hold at Noble Financial
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06:30 EDTQLYSQualys upgraded to Buy from Hold at Topeka
April 7, 2015
08:44 EDTMSGMadison Square Garden 1.5M share Block Trade priced at $83.25
Morgan Stanley acted as sole book running manager for the offering.
06:11 EDTSEASSeaWorld's new ad campaign seeks to counter 'misinformation,' WSJ reports
SeaWorld is launching a new ad campaign to counter "misinformation" in print and TV spots, The Wall Street Journal reports. Researchers and other animal-care experts will also highlight the company’s commitment to killer whale care and research. Reference Link
April 6, 2015
05:15 EDTWYNNElaine Wynn recommends holders 'WITHHOLD' their votes for company nominees
Elaine Wynn, co-founder, board member and third-largest stockholder of Wynn Resorts, commented on the recommendation from Institutional Shareholder Service, or ISS, that Wynn stockholders WITHHOLD their vote for management's nominees for the Wynn Resorts board at the upcoming 2015 Annual Meeting. In response, Elaine Wynn has issued the following statement: "I believe the stockholders of Wynn Resorts deserve better than the choices presented to them by the company this proxy season, and the only way to achieve meaningful value creation for my fellow stockholders is to vote the GOLD card FOR my reelection at the upcoming Annual Meeting. The ISS report raises a number of important concerns about the performance of the board. I firmly believe my judgment, considerable experience, important diversity and willingness to challenge the status quo makes me the best positioned candidate to guard and grow stockholders' interest and identify additional diverse candidates with independent voices, As the third largest stockholder, my interests inextricably align with my fellow stockholders, giving me a unique perspective on protecting and increasing the value of our collective investment in the future. The company, by contrast, continues to disseminate comments designed to obscure the truth, as they did tonight in their statement on the ISS recommendation, and it is my hope that other stockholders recognize my value and vote FOR my reelection using the GOLD proxy card."
05:10 EDTWYNNISS recommends Wynn Resorts holders vote against Elaine Wynn
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