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Stock Market & Financial Investment News

News Breaks
December 12, 2012
07:48 EDTTWI, PRCP, INN, CTS, XPO, TPGI, LOCM, HHS, AEM, WRLS, SPAR, KTOS, DFXLambert Edwards & Associates to host a conference
8th Annual SMID-West Investor Conference is being held in Chicago on December 12.
News For AEM;CTS;DFX;HHS;INN;KTOS;LOCM;PRCP;SPAR;TPGI;TWI;WRLS;XPO From The Last 14 Days
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February 11, 2016
14:33 EDTAEMAgnico Eagle volatility increases as gold at one-year high
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February 10, 2016
18:22 EDTAEMAgnico Eagle sees FY16 gold production 1.53M-1.57M ounces
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18:20 EDTAEMAgnico Eagle reports Q4 EPS ex-items 2c, consensus 0c
Reports Q4 revenue $482.93M, consensus $496.56M. Measured and indicated mineral resources were up 1%, while inferred mineral resources increased by 23%. Mineral reserves declined by 5% to 19.1 million ounces due to mine depletion of approximately 1.8 million ounces.
07:06 EDTSPARSpartan Motors raises Q4 revenue to $140M from $130M-$135M, consensus $126.6M
Cuts Q4 operating loss to ($10M) from ($3M). Expected results for the fourth quarter of 2015 include incremental, non-recurring, pre-tax charges of $6.3M for certain warranty accruals and an additional $500K pertaining to the wind down of its joint venture with Gimaex. Spartan is increasing warranty accruals for service campaigns on certain legacy product designs, as well as general warranty reserves based on a comprehensive review of claims history.
February 9, 2016
07:25 EDTXPOXPO Logistics to retain truckload business aquired in Con-way deal
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07:16 EDTXPOStifel to hold a conference
Transportation and Logistics Conference is being held in Key Biscayne, Florida on February 9-10.
February 8, 2016
16:42 EDTPRCPPerceptron reports Q2 EPS (17c), consensus 3c
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08:03 EDTCTSCTS sees FY16 adjusted EPS 95c-$1.05, three estimates $1.04
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08:01 EDTCTSCTS reports Q4 adjusted EPS 20c, two estimates 25c
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07:05 EDTKTOSKratos reports contract awards totaling in excess of $2M
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February 4, 2016
13:55 EDTXPOXPO Logistics trims truck terminals in cost reduction plan, WSJ says
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06:07 EDTHHSHarte-Hanks reports Q4 EPS 4c, consensus 9c
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February 2, 2016
10:01 EDTAEMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Agnico Eagle (AEM) downgraded to Hold from Buy at Desjardins... Alere (ALR) downgraded to Hold from Buy at Canaccord... Antero Resources (AR) downgraded to Reduce from Neutral at SunTrust... Carbylan (CBYL) downgraded to Market Perform from Outperform at Leerink... Copa Holdings (CPA) downgraded to Hold from Buy at Deutsche Bank... Dominion (D) downgraded to Neutral from Buy at Citi... Duke Energy (DUK) downgraded to Market Perform from Outperform at Wells Fargo... Hain Celestial (HAIN) downgraded to Neutral from Overweight at Piper Jaffray... Integrated Device (IDTI) downgraded to Neutral from Buy at BofA/Merrill... Logitech (LOGI) downgraded to Underweight from Equal Weight at Morgan Stanley... Merus Labs (MSLI) downgraded to Sector Perform from Outperform at Scotiabank... New Gold (NGD) downgraded to Sell from Buy at Desjardins... Nokia (NOK) downgraded to Underperform from Buy at CLSA... Plantronics (PLT) downgraded to Underperform from Outperform at Raymond James... Pool Corp. (POOL) downgraded to Equal Weight from Overweight at Stephens... Praxair (PX) downgraded to Sector Weight from Overweight at KeyBanc... Rofin-Sinar (RSTI) downgraded to Neutral from Buy at Longbow... Southwestern Energy (SWN) downgraded to Neutral from Overweight at JPMorgan... Stifel cuts Twitter (TWTR) to Sell after noting Yahoo has significantly more users... Superior Energy (SPN) downgraded to In-Line from Outperform at Imperial Capital... Sysco (SYY) downgraded to Underweight from Equal Weight at Morgan Stanley... Telenor (TELNY) downgraded to Underperform from Neutral at Credit Suisse... Twitter (TWTR) downgraded to Sell from Hold at Stifel... Valeo (VLEEY) downgraded to Underweight from Equal Weight at Morgan Stanley.
08:14 EDTAEMAgnico Eagle downgraded to Hold from Buy at Desjardins
January 29, 2016
16:14 EDTXPOXPO Logistics reduces workforce by 190 positions in less-than-truckload business
XPO Logistics continued with its plan for synergies in its less-than-truckload business acquired from Con-way. Approximately 160 non-sales positions have been eliminated with most of the reductions being in administrative, management and back office functions, and impacted less than 1% percent of the LTL workforce in North America. Another 30 positions were eliminated in other parts of the company, primarily to address redundancies created by the acquisition. Collectively, the actions are expected to reduce annual costs by more than $20M against a targeted operating profit improvement of $170M-$210M over two years. To date, approximately $50M of expected annualized savings have been achieved in the three months since the company acquired Con-way on October 30, 2015.

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