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Stock Market & Financial Investment News

News Breaks
August 5, 2014
10:04 EDTXELB, TPUB, SERV, SQBG, IMS, PLM, CHKE, ICON, ADHDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Alcobra (ADHD) initiated with an Overweight at Piper Jaffray... Cherokee (CHKE) initiated with a Buy at Wunderlich... IMS Health (IMS) initiated with a Buy at Drexel Hamilton... Iconix Brand (ICON) initiated with a Hold at Wunderlich... PolyMet Mining (PLM) initiated with a Buy at Roth Capital... Sequential Brands (SQBG) initiated with a Buy at Wunderlich... ServiceMaster (SERV) initiated with a Buy at Jefferies... Tribune Publishing (TPUB) initiated with a Buy at BWS Financial... Xcel Brands (XELB) initiated with a Buy at Wunderlich.
News For ADHD;CHKE;IMS;ICON;PLM;SQBG;SERV;TPUB;XELB From The Last 14 Days
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February 4, 2016
10:23 EDTICONOppenheimer reports 6.92% passive stake in Iconix Brand
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09:37 EDTADHDAlcobra management to meet with Roth Capital
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09:19 EDTADHDAlcobra re-initiated with a Buy at Roth Capital
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08:34 EDTTPUBTribune Publishing suspends quarterly cash dividend
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08:33 EDTTPUBTribune Publishing sees FY15 revenues $1.66B-$1.67B, consensus $1.67B
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08:32 EDTTPUBTribune Publishing announces $44.4M private placement transaction
Tribune Publishing announced it has completed a $44.4M private placement transaction with Merrick Media that will enhance the company's position for pursuing strategic acquisitions and digital initiatives. Michael Ferro, Jr., Chairman and CEO of Merrick Media, joins the Tribune Publishing Board of Directors as Non-Executive Chairman. Tribune Publishing CEO Jack Griffin said, "This transaction supports key elements of our ongoing strategic plan and provides our Company with additional capital to accelerate our growth strategies. We continue to evaluate growth opportunities where we can achieve measurable, value-enhancing synergies that drive financial contribution and maximize shareholder value."
February 3, 2016
07:14 EDTIMSIMS Health sees cash tax rate to remain in high teens through mid-2023
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07:13 EDTIMSIMS Health sees FY16 constant currency adjusted EPS growth 8.5%-10.5%
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07:11 EDTIMSIMS Health reports Q4 adjusted EPS 37c, consensus 32c
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January 28, 2016
15:18 EDTXELBXcel Brands collaborates with HP Inc. to create Isaac Mizrahi smartwatch
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January 27, 2016
10:49 EDTICONIconix Brand adopts short-term shareholder rights plan
Iconix Brand announced that its board has adopted a short-term shareholder rights plan, which will expire following the 2016 annual meeting of shareholders, absent an extension being approved by shareholders. The board adopted the Rights Plan in light of recent activity in the company's shares, including the recent accumulation of meaningful positions by holders of derivative securities, and what the Iconix Board and management believes is a currently depressed share price for the company's common stock. The Rights Plan is intended to protect the interests of the company and Iconix shareholders by reducing the likelihood that any person or group gains control of Iconix through open market accumulation or other tactics without paying an appropriate control premium and by providing the Board and shareholders with time to make informed decisions. The Rights Plan applies equally to all current and future shareholders and is not intended to deter offers that are fair and otherwise in the best interests of the Company and its shareholders. The Rights Plan is similar to plans adopted by numerous publicly-traded companies and was not adopted in response to any specific takeover bid or other proposal to acquire control of the company.
January 25, 2016
10:00 EDTADHDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 8x8, Inc. (EGHT) initiated with a Buy at Summit Research... ARI Network (ARIS) initiated with an Outperform at Barrington... Alcobra (ADHD) initiated with an Outperform at Oppenheimer... CNO Financial (CNO) initiated with a Hold at Deutsche Bank... Expedia (EXPE) initiated with an Outperform at Wells Fargo... Gartner (IT) initiated with an Overweight at Atlantic Equities... MAG Silver (MVG) initiated with a Buy at Roth Capital... Mitek Systems (MITK) initiated with an Outperform at Northland... Priceline (PCLN) initiated with a Market Perform at Wells Fargo... QTS Realty Trust (QTS) initiated with a Buy at SunTrust... Seres Therapeutics (MCRB) initiated with a Buy at H.C. Wainwright.
07:21 EDTADHDAlcobra initiated with an Outperform at Oppenheimer
Oppenheimer analyst Akiva Felt started Alcobra with an Outperform rating and $16 price target.

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