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Stock Market & Financial Investment News

News Breaks
January 17, 2013
10:02 EDTAIZ, TAL, PKI, MDT, GTAT, EXC, ALDW, MHK, JNPR, BIO, CBS, RIO, MCY, INFN, ADTNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Adtran (ADTN) upgraded to Neutral from Sell at Citigroup... Bio-Rad (BIO) upgraded to Outperform from Underperform at CLSA... GT Advanced (GTAT) upgraded to Hold from Underperform at Jefferies... Infinera (INFN) upgraded to Overweight from Neutral at JPMorgan... Juniper (JNPR) upgraded to Overweight from Neutral at JPMorgan... Medtronic (MDT) upgraded to Outperform from Neutral at Credit Suisse... Mercury General (MCY) upgraded to Outperform from Neutral at Macquarie... Mohawk (MHK) upgraded to Outperform from Underperform at Macquarie... PerkinElmer (PKI) upgraded to Buy from Outperform at CLSA... Rio Tinto (RIO) upgraded to Buy from Neutral at Citigroup... Alon USA Partners (ALDW) upgraded to Outperform from Neutral at Credit Suisse... TAL International (TAL) upgraded to Buy from Neutral at BofA/Merrill... CBS (CBS) upgraded to Outperform from Neutral at Wedbush... Exelon (EXC) upgraded to Overweight from Equal Weight at Morgan Stanley... Assurant (AIZ) upgraded to Market Perform from Underperform at Raymond James.
News For ADTN;BIO;GTAT;INFN;JNPR;MDT;MCY;MHK;PKI;RIO;ALDW;TAL;CBS;EXC;AIZ From The Last 14 Days
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January 22, 2015
18:28 EDTINFNOn The Fly: After Hours Movers
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17:26 EDTINFNInfinera higher by over 13% following Q4 financial results, guidance
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17:25 EDTJNPRStarbucks names Kevin Johnson as COO
On January 22, Starbucks (SBUX) announced the appointment of Kevin Johnson as president and COO. Johnson ceased membership on all Starbucks board committees prior to his appointment as president and COO. He will remain a member of the Starbucks board of directors, which he joined in March 2009, and is expected to start in his new role effective March 1. Johnson, currently a non-employee director of the company, served as CEO of Juniper Networks (JNPR) from September 2008 to December 2013.
17:23 EDTINFNInfinera sees Q1 EPS 10c plus or minus 'a couple of pennies,' consensus 7c
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16:16 EDTINFNInfinera reports Q4 adjusted gross margin 46.1%
16:16 EDTINFNInfinera reports Q4 adjusted EPS 13c, consensus 11c
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15:27 EDTEXCConstellation awarded Port Authority of NY/NJ contract $25.8M efficiency upgrade
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14:00 EDTCBSCBS initiated with a Hold at Societe Generale
Target $60.
11:37 EDTADTNKornitzer Capital reports 7.1% passive stake in ADTRAN
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11:32 EDTJNPRF5 Networks plummets after Q2 outlook trails estimates
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08:31 EDTAIZAssurant reschedules Q4 earnings conference call
Assurant announced the company is rescheduling the time of Q4 and full-year earnings conference call to 9 a.m. ET, Friday, February 13. The call time was updated to avoid overlap with a peer company’s earnings conference call.
January 21, 2015
18:06 EDTMDTS&P announces changes to the S&P 500, MidCap 400, SmallCap 600 indices
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10:46 EDTADTNADTRAN sees Q1 revenue slightly up on sequential basis, consensus $174.48M
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10:45 EDTADTNADTRAN sees Q1 revenue slightly up on sequential basis
Sees gross margins flat to slightly lower in Q1. Sees GAAP operating expenses slightly up on sequential basis. Says sees "several" bright spots in 2015. Says sees continued growth in Tier 3 space. Sees new product wins, continued growth in Latin America and EMEA. Comments made on the Q4 earnings conference call. ADTRAN is down 1.52% to $22.70 in mid morning trading.
06:06 EDTRIORio Tinto reports FY14 global iron ore shipments up 17% from FY13
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05:02 EDTADTNADTRAN reports Q4 EPS 19c, consensus 10c
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January 20, 2015
15:21 EDTADTNNotable companies reporting before tomorrow's open
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09:04 EDTEXCConstellation acquires seven fueling stations in midwest
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05:38 EDTEXCExelon upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Exelon to Outperform citing an attractive risk/reward ahead of likely reforms in the capacity market. Wells expects reforms to positively impact the value of ExGen’s 19 GW nuclear fleet. It raised its price target range for shares to $43-$44 from $41-$42.
January 18, 2015
13:25 EDTCBSNFL, CBS renew agreement for Thursday Night Football
The National Football League will continue its partnership with CBS to produce and televise Thursday Night Football for the 2015 season, it was announced by NFL Commissioner Roger Goodell and Leslie Moonves, president and CEO of CBS Corp., and Sean McManus, Chairman, CBS Sports. CBS will broadcast the first eight Thursday Night Football games which also will be simulcast on NFL Network. NFL Network will also exclusively televise eight games in the run-up to the playoffs. The mix of games will include 14 on Thursday nights and two late-season games on Saturday. The full slate of 16 regular-season games will be produced by CBS with its lead broadcasters and production team on all Thursday night games. The pregame, halftime and postgame shows will continue to feature NFL Network and CBS Sports hosts and analysts. The agreement is for the 2015 season with an additional year at the NFL’s option. “We are pleased to extend our partnership with CBS for Thursday Night Football,” said Goodell. “The promotion and production by CBS and NFL Network last season made Thursday night a night for NFL football. We look forward to working again next season with CBS. ”The programming relationship between the NFL and CBS will expand to include, among other elements, the development of new programming initiatives across the various CBS and NFL platforms. In addition to Thursday Night Football in 2015, CBS will conclude its 56th year broadcasting the NFL with its exclusive presentation of Super Bowl 50 from Levi's Stadium in Santa Clara, Calif. on Feb. 7, 2016. Reference Link
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