New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 5, 2012
10:15 EDTPBY, OI, FIS, WAL, INFA, DLTR, GPS, TMO, FDO, ADPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Automatic Data Processing (ADP) upgraded to Buy from Neutral at Goldman... Dollar Tree (DLTR) upgraded to Outperform from Neutral at Credit Suisse... FIS (FIS) upgraded to Outperform from Neutral at RW Baird... Family Dollar (FDO) upgraded to Outperform from Neutral at Credit Suisse... Informatica (INFA) upgraded to Buy from Neutral at Nomura... Owens-Illinois (OI) upgraded to Buy from Neutral at Goldman... Thermo Fisher (TMO) upgraded to Outperform from Market Perform at Wells Fargo... Western Alliance (WAL) upgraded to Outperform from Market Perform at Keefe Bruyette... Pep Boys (PBY) upgraded to Buy from Hold at Benchmark Co. Gap (GPS) upgraded to Buy from Above Average at Caris.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
November 24, 2015
07:37 EDTDLTRDollar Tree reports Q3 adjusted EPS $1.33, may not compare to consensus 53c
Reports Q3 revenue $4.95B, consensus $4.84B. Reports Q3 SSS up 2.1% year over year.
07:37 EDTPBYPep Boys downgraded to Sell from Hold at Argus
Subscribe for More Information
November 23, 2015
18:30 EDTPBYBridgestone announces early termination of HSR waiting period for Pep Boys deal
Subscribe for More Information
16:47 EDTDLTRLone Pine Capital reports 5.6% passive stake in Dollar Tree
Subscribe for More Information
15:28 EDTDLTRNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Analog Devices (ADI), consensus 83c... Hormel Foods (HRL), consensus 69c... Dollar Tree (DLTR), consensus 53c... Campbell Soup (CPB), consensus 76c... Signet Jewelers (SIG), consensus 39c... Tiffany (TIF), consensus 75c... Valspar (VAL), consensus $1.31... Patterson Companies (PDCO), consensus 60c... Eaton Vance (EV), consensus 59c...Burlington Stores (BURL), consensus 23c... Cracker Barrel (CBRL), consensus $1.59.
06:34 EDTOIOwens-Illinois appoints Jan Bertsch as SVP and CFO effective November 23
Subscribe for More Information
November 20, 2015
15:26 EDTDLTRDollar Tree volatility elevated into Q3 and outlook
Dollar Tree December call option implied volatility is at 37, January is at 35; compared to its 52-week range of 18 to 40, suggesting large near term price movement into the expected release of Q3 results on November 24.
13:26 EDTGPSOn The Fly: Top stock stories at midday
Stocks began the session sharply higher and have remained there since the open. The move higher has come despite a barren economic calendar and amid headlines coming out of Mali regarding a new terrorist event that took place there. The equity market is working on its fourth higher close in the past five sessions, while oil prices continue struggling to stay above $40 per barrel. ECONOMIC EVENTS: In the U.S., no major economic data was released. COMPANY NEWS: Shares of Nike (NKE) advanced nearly 5% after the Dow member announced a two-for-one stock split, a $12B stock repurchase program and plans to boost its dividend... BioMarin (BMRN) shares were down 4% near noon, but that was well off their worst levels of the day, after the FDA posted briefing materials ahead of next weeks advisory committee meeting to review the New Drug Application for Kyndrisa for the potential treatment of Duchenne muscular dystrophy amendable to exon 51 skipping. Sarepta (SRPT), which is at work on a competing drug, eteplirsen, that has its own committee review scheduled for January, rose 31% and another player in the DMD space, PTC Therapeutics (PTCT), fell 7.5%. MAJOR MOVERS: Among the notable gainers was Abercrombie & Fitch (ANF), which rallied 21% after the company reported better than expected quarterly earnings. Also higher was Cabela's (CAB), which gained 10% after Bloomberg reported that the company was receiving takeover interest. In addition, Foot Locker (FL) was up 5% after reporting Q3 earnings and guiding for Q4. Among the noteworthy losers was Nimble Storage (NMBL), which fell 50% after its stock was downgraded by no fewer than 11 analysts following its quarterly report. Also lower was Mentor Graphics (MENT), which lost 32% after its shares were downgraded by no fewer than five analysts. INDEXES: In early afternoon trading, the Dow was up 101.65, or 0.57%, to 17,834.40, the Nasdaq was up 32.02, or 0.63%, to 5,105.66, and the S&P 500 was up 10.09, or 0.48%, to 2,091.33.
06:37 EDTOIOwens-Illinois names John Haudrich to Chief Strategy and Integration Officer
Subscribe for More Information
November 19, 2015
19:19 EDTGPSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Intuit (INTU), up 8.1%... Ross Stores (ROST), up 8.2%. ALSO HIGHER: Cabela's (CAB), up 7.5% after Bloomberg reported that the company is receiving takeover interest... Nike (NKE), up 3.4% after announcing a $12B repurchase program, a two-for-one stock split, and that it will raise its dividend... Centene (CNC), up 2.4% after reiterating its fiscal 2015 earnings per share guidance... Universal Insurance (UVE), up 2.7% after announcing a new $10M share repurchase program. DOWN AFTER EARNINGS: Nimble Storage (NMBL), down 36.9%... Mentor Graphics (MENT), down 26.2%... Workday (WDAY), down 5.5%... Wesco Aircraft (WAIR), down 1.4%... Williams-Sonoma (WSM), down 3.7%... Zoe's Kitchen (ZOES), down 3.6%... Momo (MOMO), down 3.3%... Autodesk (ADSK), down 1%... Gap (GPS), down marginally.
16:27 EDTGPSGap lowers FY15 adjusted EPS view to $2.38-$2.42 from $2.75-$2.80
Subscribe for More Information
16:24 EDTGPSGap continues to see FY15 CapEx approximately $800M
16:23 EDTGPSGap reports Q3 SSS down 2%
Gap's comparable sales for the third quarter were down 2% versus a 2% decrease last year. Comparable sales by global brand for the third quarter were as follows: Gap Global: negative 4% versus negative 5% last year; Banana Republic Global: negative 12% versus flat last year; Old Navy Global: positive 4% versus positive 1% last year.
16:21 EDTGPSGap reports Q3 adjusted EPS 63c, consensus 63c
Reports Q3 revenue $3.86B, consensus $3.9B. Gap Inc.'s comparable sales for the third quarter of fiscal year 2015 were down 2% versus a 2% decrease last year.
15:21 EDTGPSNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Intuit (INTU), consensus (4c)... Ross Stores (ROST), consensus (50c)... Workday (WDAY), consensus (4c)... Autodesk (ADSK), consensus 8c... Gap (GPS), consensus 63c... Splunk (SPLK), consensus 1c... Williams-Sonoma (WSM), consensus 72c... Mentor Graphics (MENT), consensus 29c.
14:08 EDTGPSGap technical comments ahead of earnings
The shares are trading near multi-year lows ahead of earnings, with a strong downtrend bias. If the news continues to be bearish, the downtrend is likely to extend. Support levels to watch as potential downside objectives would be at $24.41, $22.58, and $21.17. If the news is instead a bullish surprise, the first significant resistance level would be at the 30-day moving average which was last at $26.86. A move above the 30-day would break the current downtrend leg. Next resistance levels would be at $28.37 and then at $29.15.
November 18, 2015
05:41 EDTGPSGap implied volatility of 43 at upper end of index mean range
Subscribe for More Information
November 17, 2015
10:42 EDTGPSGap volatility elevated into Q3 and outlook
Subscribe for More Information
05:36 EDTGPSGap implied volatility of 42 at upper end of index mean range
November 16, 2015
08:32 EDTPBYBridgestone commences previously announced tender offer to acquire Pep Boys
Bridgestone PRDCY) announced that its wholly owned subsidiary TAJ Acquisition, a subsidiary of Bridgestone Retail Operations, LLC, is commencing a cash tender offer to purchase all outstanding shares of The Pep Boys (PBY). Bridgestone and Pep Boys previously announced on Monday, October 26, 2015, that they had entered into a definitive merger agreement under which BSRO will acquire Pep Boys. The tender offer is being made pursuant to an Offer to Purchase, dated November 16, 2015. Upon successful closing of the tender offer, shareholders of Pep Boys will receive $15.00 in cash for each share of Pep Boys common stock validly tendered and not validly withdrawn in the offer, without interest and less any applicable withholding tax. BSRO and Purchaser will file today with the SEC a tender offer statement on Schedule TO that includes the Offer to Purchase and related Letter of Transmittal that set forth the terms and conditions of the tender offer. Additionally, Pep Boys will file with the SEC a solicitation/recommendation statement on Schedule 14D-9 that includes the recommendation of the Pep Boys board of directors that Pep Boys shareholders tender their shares in the tender offer. The tender offer will expire at 5:00 p.m. on Monday, January 4, 2016, unless the offer period is extended in accordance with the definitive merger agreement and the applicable rules and regulations of the SEC. The completion of the tender offer will be conditioned on Pep Boys' shareholders tendering at least a majority of Pep Boys' outstanding shares, determined on a fully diluted basis, and other customary closing conditions, including expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use