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Stock Market & Financial Investment News

News Breaks
January 31, 2013
19:13 EDTELX, BERY, PMCS, TLAB, BUD, TSYS, PWER, CTCT, SPF, ADNCOn The Fly: After Hours Movers
UP AFTER EARNINGS: Audience (ADNC), up 25.1%... TeleCommunication Systems (TSYS), up 11.9%... PMC-Sierra (PMCS), up 7.2%... Standard Pacific (SPF), up 4.4%... ALSO HIGHER: Anheuser-Busch InBev (BUD), 0.1% after DoJ announced earlier today it was suing to block the company's planned acquisition of Grupo Modelo... DOWN AFTER EARNINGS: Berry Plastics (BERY), down 8.9%... Constant Contact (CTCT) down 6.3%... Tellabs (TLAB), down 3.9%... Emulex (ELX), down 3.2%... Power-One (PWER), down 2.9%.
News For ADNC;TSYS;PMCS;SPF;BUD;BERY;CTCT;TLAB;ELX;PWER From The Last 14 Days
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November 24, 2014
16:41 EDTTSYSBecker Drapkin Management reports 6.7% stake in TeleCommunication Systems
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16:09 EDTPMCSPMC-Sierra says selected by Lenovo for ThinkServer portfolio
PMC-Sierra announced that Lenovo has selected PMC storage solutions for external connectivity across its ThinkServer portfolio. The Lenovo 8885E by PMC card delivers the "full throughput of 12Gb/s SAS and 6.6GB/s PCI Express 3.0 to maximize the performance of ThinkServer scale-out storage. The card will be offered on Lenovo rack and tower servers," the company said.
10:00 EDTSPFOn The Fly: Analyst Downgrade Summary
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10:00 EDTBERYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aruba Networks (ARUN) upgraded to Outperform from Market Perform at Raymond James... Banco Bilbao (BBVA) upgraded to Neutral from Underperform at BofA/Merrill... Berry Plastics (BERY) upgraded to Outperform from Market Perform at BMO Capital... Denny's (DENN) upgraded to Buy from Neutral at Janney Capital... Hess Corp. (HES) upgraded to Outperform from Market Perform at Raymond James... Huaneng Power (HNP) upgraded to Buy from Neutral at BofA/Merrill... Infoblox (BLOX) upgraded to Buy from Hold at Needham... Kate Spade (KATE) upgraded at BofA/Merrill... Lumber Liquidators (LL) upgraded to Overweight from Equal Weight at Morgan Stanley... Occidental Petroleum (OXY) upgraded to Strong Buy from Outperform at Raymond James... PT Indosat (IIT) upgraded to Buy from Neutral at Nomura... Silvercorp Metals (SVM) upgraded to Outperform from Market Perform at Raymond James... Toro Company (TTC) upgraded to Buy from Neutral at Longbow... United Microelectronics (UMC) upgraded to Market Perform from Underperform at Bernstein.
09:02 EDTBUDSABMiller to enter Brazilian market, Telegraph says
SABMiller (SBMRY) agreed to a deal with a local Brazilian brewer and will compete against AB InBev (BUD), reports the Telegraph. Reference Link
08:01 EDTBERYBerry Plastics upgraded at BMO Capital
As noted earlier, BMO Capital upgraded Berry Plastics to Outperform from Market Perform. The firm thinks that the company's results were solid, while its 2015 cash flow guidance was strong and its flexible packaging segment is gaining traction. Target to $31 from $26.
07:46 EDTSPFStandard Pacific downgraded at BofA/Merrill
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07:35 EDTSPFStandard Pacific downgraded to Neutral from Buy at BofA/Merrill
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07:33 EDTPMCSBrean Capital to hold a summit
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06:48 EDTBERYBerry Plastics upgraded to Outperform from Market Perform at BMO Capital
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November 21, 2014
08:50 EDTBERYBerry Plastics sees FY15 adjusted free cash flow $320M
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08:48 EDTBERYBerry Plastics reports Q4 EPS 35c, consensus 37c
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08:17 EDTSPFStandard Pacific downgraded to Market Perform from Outperform at Raymond James
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November 20, 2014
15:28 EDTBERYNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Foot Locker (FL), consensus 79c; ANN Inc. (ANN), consensus 68c; Hibbett Sports (HIBB), consensus 62c; Berry Plastics (BERY), consensus 37c; Sirona Dental Systems (SIRO), consensus 90c.
November 19, 2014
20:12 EDTBUDAB InBev cutting jobs, consolidating sales division in U.S., WSJ reports
Anheuser-Busch InBev confirmed in a statement that it is cutting jobs and consolidating its sales division in the U.S., according to the Wall Street Journal, but declined to specify how many jobs are being cut. Reference Link
November 14, 2014
07:47 EDTBUDAB InBev CEO says willing to deal but only at right price, Bloomberg reports
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