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Stock Market & Financial Investment News

News Breaks
February 6, 2013
10:03 EDTFITB, HBAN, INTU, THO, SPWR, ENT, AEIS, USB, RF, CMA, YGE, TSRO, WFR, FL, WFC, PNC, KEY, TSL, STP, FSLR, FINL, JCPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Advanced Energy (AEIS) initiated with a Buy at Citigroup... Finish Line (FINL) initiated with a Neutral at RW Baird... First Solar (FSLR) initiated with a Buy at Citigroup... Foot Locker (FL) initiated with an Outperform at RW Baird... Global Eagle (ENT) initiated with an Overweight at Piper Jaffray... MEMC Electronic (WFR) initiated with a Buy at Citigroup... SunPower (SPWR) initiated with a Buy, added to Top Picks Live at Citigroup... Suntech (STP) initiated with a Sell at Citigroup... Tesaro (TSRO) initiated with a Buy at Deutsche Bank... Thor Industries (THO) initiated with an Outperform at BMO Capital... Trina Solar (TSL) initiated with a Neutral at Citigroup... Yingli Green (YGE) initiated with a Neutral at Citigroup... Intuit (INTU) initiated with a Buy at Janney Capital... SunTrust (STI) initiated with a Neutral at Nomura... KeyCorp (KEY) initiated with a Neutral at Nomura... Huntington Bancshares (HBAN) initiated with a Neutral at Nomura... Comerica (CMA) initiated with a Neutral at Nomura... Regions Financial (RF) initiated with a Buy at Nomura... PNC Financial (PNC) initiated with a Buy at Nomura... Fifth Third Bancorp (FITB) initiated with a Neutral at Nomura... Wells Fargo (WFC) initiated with a Buy at Nomura... U.S. Bancorp (USB) initiated with a Buy at Nomura... PNC Financial (PNC) initiated with a Buy at Nomura... J.C. Penney (JCP) initiated with a Sell at Maxim.
News For AEIS;FINL;FL;ENT;FSLR;WFR;SPWR;STP;TSRO;THO;TSL;YGE;INTU;KEY;CMA;HBAN;PNC;RF;FITB;WFC;USB;JCP From The Last 14 Days
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July 24, 2015
11:24 EDTFINLFinish Line management to meet with Buckingham
Meetings to be held in Los Angeles on July 27 and in San Francisco on July 28 hosted by Buckingham.
11:01 EDTFSLR, TSL, YGE, SPWRSolarCity rises after analyst says second half outlook strong
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July 23, 2015
18:57 EDTWFCWells Fargo 'poised for growth,' Barron's says
Wells Fargo is a "high quality" value stock and the "well-managed" company could be "poised for growth" given the potential for interest rate hikes before the end of the year, Barron's contends in its 'Weekday Trader' column. Reference Link
16:33 EDTCMAComerica reports mid-year company-run stress test results
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10:25 EDTHBANHuntington Bancshares says it expects to grow revenue despite pressure
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09:23 EDTHBANHuntington Bancshares expects to deliver positive operating leverage in FY15
Excluding Significant Items and net MSR activity, says expects to deliver positive operating leverage in FY15, both inclusive and exclusive of the impact of HTF. Overall, says asset quality metrics are expected to remain near current levels, although moderate quarterly volatility also is expected. Comments from slides that will be presented on the Q2 earnings conference call.
09:06 EDTWFCSEI Investments extends long-term realtionship with Wells Fargo
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08:25 EDTSPWRSunPower to build 100 MW solar power plant for NV Energy
SunPower has signed a 20-year power purchase agreement with NV Energy to build a 100 MW solar photovoltaic power plant planned for construction in the Eldorado Valley of Boulder City, Nevada. The project is expected to create approximately 200 jobs during construction, which is anticipated to commence before the end of 2015, with commercial operation planned in 2016. SunPower acquired the project from KOMIPO America earlier this year.
07:45 EDTHBANHuntington Bancshares releases results of 2015 Dodd-Frank Stress Test
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06:58 EDTHBANHuntington Bancshares reports Q2 EPS 23c, consensus 21c
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July 22, 2015
15:26 EDTHBANNotable companies reporting before tomorrow's open
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10:01 EDTFITB, RFOn The Fly: Analyst Downgrade Summary
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10:01 EDTJCPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AMC Entertainment (AMC) upgraded to Buy at MKM Partners... Agnico Eagle (AEM) upgraded to Buy from Hold at HSBC... Allegiant Travel (ALGT) upgraded to Outperform from Market Perform at Raymond James... Amazon.com (AMZN) upgraded on positive outlook at JMP Securities... Bank of Ireland (IRE) upgraded to Buy from Neutral at Nomura... Canadian Pacific (CP) upgraded to Buy at Canaccord... Carrizo Oil & Gas (CRZO) upgraded to Outperform from Neutral at Credit Suisse... Concho Resources (CXO) upgraded to Outperform from Neutral at Credit Suisse... Crown Castle (CCI) upgraded to Buy from Neutral at Citi... Exxon Mobil (XOM) upgraded to Conviction Buy from Buy at Goldman... Fidelity & Guaranty Life (FGL) upgraded to Outperform from Neutral at Macquarie... First Interstate (FIBK) upgraded to Buy from Hold at Sandler O'Neill... Hess Corp. (HES) upgraded to Outperform from Neutral at Credit Suisse... Intuitive Surgical (ISRG) upgraded to Buy at Canaccord... J.C. Penney (JCP) upgraded to Buy from Neutral at Buckingham... Murphy Oil (MUR) upgraded to Neutral from Underperform at Credit Suisse... Noble Energy (NBL) upgraded to Outperform at Credit Suisse... Packaging Corp. (PKG) upgraded to Outperform from Market Perform at BMO Capital... Prologis (PLD) upgraded to Outperform from Neutral at Baird... Signature Bank (SBNY) upgraded to Strong Buy from Outperform at Raymond James... Sonic Automotive (SAH) upgraded to Buy from Neutral at BofA/Merrill... Tate & Lyle (TATYY) upgraded to Neutral from Sell at Goldman... Technip (TKPPY) upgraded to Neutral from Sell at Goldman... Union Bankshares (UBSH) upgraded to Buy from Neutral at Compass Point... Yamana Gold (AUY) upgraded to Buy from Hold at HSBC... Yara (YARIY) upgraded to Neutral from Underweight at JPMorgan.
09:37 EDTRFRegions Financial downgraded to Hold from Buy at Sandler O'Neill
09:35 EDTFITBFifth Third downgraded to Neutral from Buy at Citi
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09:01 EDTWFCWells Fargo names Pelos to oversee commercial, corporate, treasury mangement
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08:38 EDTJCPNRF cuts 2015 retail sales growth forecast to 3.5% from 4.1%
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08:13 EDTSPWRDominion and SunPower partner to supply solar power to New Jersey homeowners
Dominion (D) subsidiary Dominion Retail and SunPower (SPWR) announced a collaboration of the two companies to offer SunPower solar power systems to New Jersey homeowners. Dominion will provide program details to residents through a marketing campaign scheduled to begin this summer.
08:09 EDTJCPJ.C. Penney upgraded to Buy from Neutral at Buckingham
Buckingham upgraded J.C. Penney to Buy and increased its price target to $12 from $9. The firm believes 2H comps could accelerate as initiatives take hold and has increased confidence it the company's ability to hit its 2017 EBITDA target of $1.2B. Buckingham believes FY15 sales comp guidance of 4%-5% is achievable and sees continued gross margin improvement and reduced SG&A levels.
07:04 EDTFLFoot Locker price target raised to $77 from $67 at UBS
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