New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 9, 2014
10:02 EDTVVC, MRVL, MHFI, MCO, PCL, POT, RGSE, TAM, TOT, UN, VMW, LPX, IP, GIMO, GRMN, CMI, COH, APO, APAM, ALV, BNPQY, BP, CG, AEISOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Advanced Energy (AEIS) downgraded to Neutral from Buy at Dougherty... Apollo Global (APO) downgraded to Neutral from Buy at Citigroup... Artisan Partners (APAM) downgraded to Neutral from Buy at Citigroup... Autoliv (ALV) downgraded to Hold from Buy at Nordea... BNP Paribas (BNPQY) downgraded to Neutral from Overweight at JPMorgan... BP (BP) downgraded to Hold from Buy at Deutsche Bank... Carlyle Group (CG) downgraded to Neutral from Buy at Citigroup... Coach (COH) downgraded at Buckingham... Cummins (CMI) downgraded to Buy from Conviction Buy at Goldman... Garmin (GRMN) downgraded to Underperform from Sector Perform at Pacific Crest... Gigamon (GIMO) downgraded to Buy from Strong Buy at Needham... International Paper (IP) downgraded at RBC Capital... Louisiana-Pacific (LPX) downgraded at RBC Capital... Marvell (MRVL) downgraded to Underperform from Perform at Oppenheimer... McGraw Hill Financial (MHFI) downgraded to Market Perform at Raymond James... Moody's (MCO) downgraded to Market Perform from Outperform at Raymond James... Plum Creek Timber (PCL) downgraded at RBC Capital... Potash (POT) downgraded to Neutral from Overweight at JPMorgan... RGS Energy (RGSE) downgraded at Cowen... Taminco (TAM) downgraded to Neutral from Buy at Citigroup... Total (TOT) downgraded to Hold from Buy at Societe Generale... Unilever (UN) downgraded to Reduce from Neutral at Nomura... VMware (VMW) downgraded to Market Perform from Outperform at Wells Fargo... Vectren (VVC) downgraded to Hold from Buy at KeyBanc.
News For AEIS;APO;APAM;ALV;BNPQY;BP;CG;COH;CMI;GRMN;GIMO;IP;LPX;MRVL;MHFI;MCO;PCL;POT;RGSE;TAM;TOT;UN;VMW;VVC From The Last 14 Days
Check below for free stories on AEIS;APO;APAM;ALV;BNPQY;BP;CG;COH;CMI;GRMN;GIMO;IP;LPX;MRVL;MHFI;MCO;PCL;POT;RGSE;TAM;TOT;UN;VMW;VVC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
August 11, 2014
12:01 EDTCOHStocks with call strike movement; COH AAL
Subscribe for More Information
07:15 EDTCMICummins and Allison Transmission remain well positioned says Barclays
Subscribe for More Information
07:04 EDTBPBP's risk from Russian sanctions muted, says RBC Capital
RBC Capital said in the unlikely situation that BP were to relinquish its Rosneft stake due to Russian sanctions, the impact would be muted and shares would still offer 15% upside. The firm believe upside potential more than compensates the risk and reiterates its Outperform rating.
06:58 EDTMCOUBS to hold a conference
UBS Financials 1:1 Conference to be held in Chicago on August 11.
06:18 EDTCOHCitigroup comments on Coach takeover speculation
Citigroup notes Coach shares moved higher Friday amid speculation Kering could be interested in acquiring the company. Citi says Kering's stated acquisition strategy does not seem consistent with a potential takeover of Coach. Further, Citi believes Kering is unlikely to be able to finance such a large deal. It keeps a Neutral rating on Coach and a Buy rating on Kering.
05:54 EDTCOHStocks with implied volatility movement; COH TKMR
Subscribe for More Information
August 8, 2014
17:10 EDTCOHMarket finishes week up slightly as earnings offset by political events
Stocks finished the week fractionally higher than where they started as strong corporate earnings reports and better than expected economic data was weighed against concerns about geopolitical issues and negative M&A news. MACRO NEWS: A few ongoing geopolitical conflicts worried investors and weighed on shares. Russia unveiled sanctions against Western countries, banning the import of a wide range of food items from the U.S, the EU and a few allied countries in response to sanctions recently enacted against it from G7 nations... President Obama authorized the bombing of rebels in Iraq and Hamas and Israel failed to reach a permanent truce... An ISM services index, the U.S. trade deficit for June, and weekly jobless claims were all better than expected. Meanwhile, the increase in unit labor costs last quarter came in below the consensus outlook, perhaps easing fears that the Fed will need to raise interest rates sooner than expected. COMPANY NEWS: On the M&A front, two huge potential deals fell through as 21st Century Fox (FOX, FOXA) withdrew its offer to acquire Time Warner (TWX) and Sprint (S) reportedly decided to end its pursuit of a merger with peer T-Mobile (TMUS)... President Obama indicated that his administration would take unilateral steps in an effort to prevent companies from carrying out tax inversion acquisitions. Among the deals or possible transactions that involve inversion are Medtronic's (MDT) acquisition of Covidien (COV), Valeant's (VRX) proposed takeover of Allergan (AGN) and Mylan's (MYL) acquisition of Abbott's (ABT) developed markets branded generics pharmaceuticals business. Meanwhile, Walgreen's (WAG) stock tumbled after the U.S. company said it would not structure its takeover of European drugstore chain Alliance Boots as a tax inversion deal... 21st Century Fox, 3D printer maker Stratasys (SSYS), chip maker NVIDIA (NVDA), brewer Molson Coors (TAP), and luxury accessories maker Coach (COH) all rose following their earnings reports. Conversely, Target (TGT), luxury accessories maker Michael Kors (KORS) and Internet coupon provider Groupon (GRPN) fell following their results or guidance... Gannett (GCI) struck a deal to acquire the remaining 73% interest in Classified Ventures, whose primary asset is the online car shopping website Cars.com, for $1.8B from the other partners in the venture, which include McClatchy (MNI), Tribune Media (TRBAA), Graham Holdings (GHC) and A. H. Belo (AHC). Gannett also announced plans to spin-off its Publishing business, which includes USA Today, through a tax-free distribution to shareholders... McDonald's (MCD) stock was little changed after the company reported that its comparable store sales fell 2.5% in July, which was significantly worse than expected. Food quality issues weighed on the fast food company's sales in Asia and as a result of the China supplier issue, the company warned its previously issued global comparable sales forecast for 2014 is now at risk. INDEXES: The Dow finished the week up 0.35% to 16,553.93, the S&P 500 rose 0.32% to 1,931.59, and the Nasdaq gained 0.41% to 4,370.90.
15:25 EDTAPOApollo Global management to meet with Sterne Agee
Subscribe for More Information
11:23 EDTCOHCoach tests top of recent trading range, levels to watch
Subscribe for More Information
10:27 EDTCOHCoach August calls active
Subscribe for More Information
10:24 EDTCOHRumor: Coach strength attributed to takeover speculation
Subscribe for More Information
09:15 EDTVMWOn The Fly: Pre-market Movers
HIGHER: NVIDIA (NVDA), up 4.2%, upgraded at Needham following its better than expected Q2 results... Arista Networks (ANET), up 8%, upgraded at Citigroup following better than expected Q2 results, announcing an expanded strategic relationship with VMware (VMW)... Tekmira Pharmaceuticals (TKMR), up 17.5% after announcing that the FDA verbally confirmed they have modified the full clinical hold placed on its TKM-Ebola treatment to a partial clinical hold... Gap (GPS), up 4.7% after July same-store sales rose 2%, company issues Q2 EPS outlook above the consensus estimate... lululemon (LULU), up 2.4% after founder agrees to sell half his stake to Advent for $845M. UP AFTER EARNINGS: SolarCity (SCTY), up 1%... Assured Guaranty (AGO), up 9%... MercadoLibre (MELI), up 13.6%. LOWER: Zynga (ZNGA), down 6% after lowering fiscal 2014 guidance... McDonald's (MCD), down 0.4% after Chinese supplier issue contributes to July comparable sales drop of 2.5%.
08:32 EDTVMWVMware, others could benefit from increased cloud adoption, says Pacific Crest
Subscribe for More Information
08:13 EDTVMWArista Networks, VMware enter strategic relationship
Subscribe for More Information
07:18 EDTCGCarlyle divides PQ to reignite interest in firm, Reuters says
Subscribe for More Information
August 7, 2014
08:53 EDTAPOApollo Global has reached attractive entry point, says Sterne Agee
Subscribe for More Information
07:52 EDTAPOApollo Global sell-off seems overdone, says UBS
Subscribe for More Information
07:46 EDTTOTW.P. Carey completes $114M acquisition of Total's Norway headquarters
Subscribe for More Information
06:23 EDTTAMTaminco backs FY14 adjusted EBITDA view of $290M-$295M
06:22 EDTTAMTaminco reports Q2 EPS 21c, consensus 59c
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use