|
|
News Breaks | | | | November 9, 2012 | | 11:21 EDT |  | GRPN, DTSI, AEG, PANL, SPRD, LPL, EONGY, CSCO, TWC, PSX, IQNT, DIS, MDRX, THI, MSCC | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AEGON (AEG) downgraded to Neutral from Buy at BofA/Merrill... Allscripts (MDRX) downgraded to Underweight from Neutral at Piper Jaffray... Cisco (CSCO) downgraded to Neutral from Overweight at JPMorgan... DTS, Inc. (DTSI) downgraded to Market Perform from Outperform at Barrington... Disney (DIS) downgraded to Neutral from Buy at Janney Capital... E.ON AG (EONGY) downgraded to Neutral from Outperform at Exane BNP Paribas... Groupon (GRPN) downgraded to Equal Weight from Overweight at Morgan Stanley... Inteliquent (IQNT) downgraded to Underperform from Market Perform at Avondale... LG Display (LPL) downgraded to Hold from Buy at Topeka... Microsemi (MSCC) downgraded to Buy from Strong Buy at Needham... Phillips 66 (PSX) downgraded to Hold from Buy at Deutsche Bank... Spreadtrum (SPRD) downgraded to Hold from Buy at Canaccord... Tim Hortons (THI) downgraded to Market Perform from Outperform at BMO Capital... Time Warner Cable (TWC) downgraded to Hold from Buy at Stifel Nicolaus... Universal Display (PANL) downgraded to Market Perform from Outperform at Avondale. | |
|
News For AEG;MDRX;CSCO;DTSI;DIS;EONGY;GRPN;IQNT;LPL;MSCC;PSX;SPRD;THI;TWC;PANL From The Last 14 Days Check below for free stories on AEG;MDRX;CSCO;DTSI;DIS;EONGY;GRPN;IQNT;LPL;MSCC;PSX;SPRD;THI;TWC;PANL the last two weeks. |
|
|
| June 19, 2013 | | 05:31 EDT |  | AEG | Aegon to provide update on strategic transformation, progress toward 2015 target
During the company's Analyst & Investor Conference, CEO Alex Wynaendts will detail the actions underway across Aegon's businesses to deliver on its strategic transformation. Central to Aegon's strategy is connecting better and more frequently with customers to serve their broader financial needs. Wynaendts and senior management from the United Kingdom, the Netherlands and the U.S., as well as the Central & Eastern European region and Aegon's asset management unit, will outline plans to drive business growth in its chosen markets, ensure a customer-centric approach and create greater operational efficiency across the organization. CFO Darryl Button will outline the company's disciplined capital management policy aimed at reducing financial leverage, supporting the continued payment of attractive dividends to shareholders, and making possible strategic initiatives. Button will announce Aegon's intention to neutralize the dilutive effect of stock dividends going forward by repurchasing Aegon shares on the open market. Management will also update analysts and investors on the company's progress toward its 2015 financial targets. Aegon is on track to achieve its target to double the proportion of earnings generated from fee-based business to 30%-35%, as well as its aim to achieve operational free cash flows of between EUR 1.3B-EUR 1.6B by 2015. In light of the historically low interest rate environment, Aegon is currently on a trajectory to deliver an increase in underlying earnings before tax of between 4%-7% over the period 2010-2015 and 7%-10% from 2012 to 2015. With regard to its return on equity target, Aegon is currently on a path to achieve a return on equity of between 8%-10%, assuming current reinvestment yields until 2015, and taking into account the recent preferred share transaction and further capital deleveraging. Management, however, affirms its ambition to achieve a return on equity of 10%-12% and recognizes that additional actions are required to do so. | | | June 18, 2013 | | 18:04 EDT | | DIS | Disney Consumer Products poised for incremental retail sales growth
 Subscribe for More Information | | | 09:06 EDT | | DIS | Amazon Kindle FreeTime Unlimited adds new kids content
Subscribe for More Information | | | 08:45 EDT |  | AEG | AEGON to host analyst and investor meeting
Subscribe for More Information | | | 07:29 EDT | | CSCO | Securities Industry and Financial Markets Association to host a conference
Subscribe for More Information | | | 06:17 EDT |  | CSCO | Taiwan tablet sales to reach 2M units in 2013, DigiTimes reports
Tablet demand in the Taiwan market is set to reach 2M units in 2013, reports DigiTimes, according to a Far EasTone Telecommunications Officer. Maxwell Cheng said the forecast for tablet sales volume in 2013 is set to double the level in 2012, with the 7-inch models estimated to account for 70%-80% of solid tablets. Reference Link | | | June 17, 2013 | | 16:54 EDT | | THI | Scout Capital reports 5.5% stake in Tim Hortons
Subscribe for More Information | | | 10:23 EDT |  | CSCO | Cisco moves higher, levels to watch
Subscribe for More Information | | | 10:10 EDT | | TWC | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 09:48 EDT |  | TWC | Time Warner Cable CEO rebuffed Charter deal, says Deutsche Bank
Deutsche Bank believes Time Warner Cable (TWC) CEO Glenn Britt has rebuffed Liberty Media (LMCA) CEO Greg Maffei's attempts to create a merger of equals among Charter (CHTR) and Time Warner Cable. Deutsche believes a potential deal between Time Warner Cable and Charter is tabled for the moment since Liberty Media Chairman Dr. Malone indicated last week that he was not interested in hostile takeovers. | | | | 09:01 EDT | | CSCO | Cisco has a conference call hosted by Deutsche Bank
Subscribe for More Information | | | 08:35 EDT | | PSX | DCP Midstream, Phillips 66, Spectra Energy announce NGL pipelines in service
Subscribe for More Information | | | 07:41 EDT | | GRPN | Groupon seeing early signs of a turnaround, says Morgan Stanley
Subscribe for More Information | | | 07:11 EDT | | DIS | 'Man of Steel' earns $113M in debut weekend, Bloomberg says
Subscribe for More Information | | | 06:45 EDT | | TWC | Time Warner Cable downgraded to Market Perform from Outperform at Raymond James
Subscribe for More Information | | | 05:51 EDT | | GRPN | For Groupon, much more work to do, WSJ reports
Groupon (GRPN) was supposed to be at risk of collapse. Bears growled about its gigantic marketing budget and lack of barriers protecting its business. But then the stock surged 12% Friday after Deutsche Bank (DB) published a report recommending investors buy. Now up almost threefold from its all-time low last November, Groupon has clearly put the biggest fears to rest. Yet, at $7.65, Groupon gets too much credit for a return to peppy growth when it still has much work to do, reports the Wall Street Journal's "Heard on the Street."Reference Link | | | June 16, 2013 | | 19:59 EDT | | TWC | Liberty Media and Time Warner Cable CEOs met, WSJ says
In the latest sign that Liberty Media (LMCA) may be interested in sparking consolidation in the cable sector, Liberty Media CEO Greg Maffei is said to have recently met with Time Warner Cable (TWC) CEO Glenn Britt to discuss the benefits of mergers in the cable industry, says the Wall Street Journal, citing people familiar with the matter. Reference Link | | | 19:51 EDT | | DIS | 'Man of Steel' opens way for DC Comics to challenge in superhero genre, WSJ says
Subscribe for More Information | | | June 14, 2013 | | 16:34 EDT |  | TWC | On The Fly: Closing Wrap
Stocks on Wall Street were lower after opening higher, but pulling back from its early levels following consumer confidence data that pulled back from recent six-year highs. The averages moved to their worst levels near mid-afternoon and closed off those levels, with the Dow logging the day's biggest losses. ECONOMIC EVENTS: In the U.S., the producer price index for May rose 0.5% from the prior month, versus expectations for a 0.1% month-over-month increase. Core PPI, which excludes the food and energy components, increased 0.1%, matching forecasts. The first quarter current account balance showed the deficit shrunk to $106.1B, versus consensus for the current account deficit to widen to $111.2B. May industrial production was flat, compared to expectations for it to grow 0.2%, while capacity utilization fell to 77.6% from the revised prior reading of 77.7%. The preliminary Reuters/University of Michigan consumer sentiment reading for June slipped to 82.7 from the prior 84.5 reading, where it had been forecast to hold steady. In Europe, employment in the euro zone currency bloc shrank 0.5% in the first three months of the year from the prior quarter, while the wider EU saw a 0.2% decline. EU consumer prices rose by 0.1% in May, putting the annual inflation rate at 1.4% compared to 1.2% in April, Eurostat said. COMPANY NEWS: Elan (ELN) shares gained $1.05, or 8.33%, to $13.66 after the company said it will explore a possible sale of the company "in light of the expressions of interest received to date." Royalty Pharma, which has been making a hostile takeover bid for the Irish drugmaker, was invited to participate in the process... Walter Energy (WLT) fell $2.56, or 17.43%, to $12.13 after a report by Forbes said the company withdrew a proposed $1.55B loan refinancing. The company later released a statement saying the proposed refinancing would not have raised additional capital and that the company has no material debt principal payments due until 2015. MAJOR MOVERS: Among the notable gainers was Restoration Hardware (RH), up $9.51, or 16.13%, to $68.47 after its quarterly results beat expectations and the company raised its fiscal year outlook. Also higher were shares of Charter Communications (CHTR), up $5.72, or 5.16%, to $116.61, and Time Warner Cable (TWC), up $7.78, or 8.09%, to $103.93 after CNBC's David Faber reported Liberty Media's (LMCA) CEO discussed a combination between Charter and Time Warner with Time Warner Cable's CEO. Among the noteworthy losers was Myriad Genetics (MYGN), down another $4.42, or 13.81%, or $27.59 the day after the Supreme Court ruled on gene patents. INDICES: The Dow was down 105.90, or 0.70%, to 15,070.18; the S&P was down 9.63, or 0.59%, to 1,626.73; the Nasdaq was down 21.81, or 0.63%, to 3,423.56. | | | 14:38 EDT |  | TWC | Time Warner Cable volatility increases on Charter looking for acquisitions, CNBC
Time Warner Cable (TWC) June and July call option implied volatility is at 24, October is at 23; above its 26-week average of 20 according to Track Data, suggesting larger price movement on Charter Communications (CHTR) looking for acquisitions, overture made to Time Warner, CNBC says. | | |
|
|
|
|
|
|
