New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 21, 2014
10:14 EDTDTSI, ROSE, IRF, CRH, PLAB, IFNNY, AEO, LAZOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Eagle (AEO) upgraded to Buy from Neutral at Janney Capital... CRH Plc. (CRH) upgraded to Market Perform from Underperform at Bernstein... DTS, Inc. (DTSI) upgraded to Outperform from Market Perform at Barrington... Infineon (IFNNY) upgraded to Outperform from Market Perform at Bernstein... International Rectifier (IRF) upgraded to Neutral from Sell at Goldman... Lazard (LAZ) upgraded at Buckingham... Phototronics (PLAB) upgraded to Buy from Hold at Needham... Rosetta Resources (ROSE) upgraded to Accumulate from Hold at KLR Group.
News For AEO;CRH;DTSI;IFNNY;IRF;LAZ;PLAB;ROSE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 4, 2015
10:00 EDTIFNNYOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:28 EDTIFNNYInfineon upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
September 3, 2015
10:03 EDTDTSIOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:05 EDTDTSIDTS, Inc. upgraded to Neutral from Underweight at JPMorgan
Subscribe for More Information
September 2, 2015
06:51 EDTDTSIDTS, Inc. to host conference call
Conference call to discuss agreement to acquire iBiquity Digital Corporation will be held on September 2 at 8 am. Webcast Link
06:31 EDTDTSIDTS, Inc. to acquire iBiquity Digital Corporation for $172M
Subscribe for More Information
September 1, 2015
07:48 EDTIFNNYSemiconductor sector upgraded to Neutral from Cautious at UBS
Subscribe for More Information
07:43 EDTIFNNYInfineon medium to long-term outlook positive, says Bernstein
Subscribe for More Information
August 31, 2015
10:10 EDTIFNNYInfineon CEO says company could be takeover target, FT reports
Subscribe for More Information
August 28, 2015
10:56 EDTLAZPeabody surges despite downgrade amid bounceback in coal stocks
Subscribe for More Information
August 27, 2015
07:07 EDTCRHCRH subsidiary to acquire C.R. Laurence Co.
Subscribe for More Information
06:15 EDTCRHCRH CEO says significant acquisitons 'unlikely' in next 12-18 months, WSJ says
Subscribe for More Information
August 26, 2015
16:26 EDTLAZOn The Fly: Top stock stories for Wednesday
Subscribe for More Information
13:40 EDTLAZPeabody hires Lazard to help with debt restructuring, Bloomberg reports
Peabody Energy (BTU) has hired Lazard (LAZ) to advise it on how to restructure its $6.3B of debt, Bloomberg reports, citing two people with knowledge of the matter. Peabody is having discussions with creditors over ways to reduce its debt load, including swapping obligations for new shares or convertible notes, the report says. Reference Link
11:01 EDTAEOAbercrombie & Fitch surges after posting surprise Q2 profit
Abercrombie & Fitch spiked in early trading after the clothing retailer posted second quarter profit and revenue that exceeded analysts' expectations. WHAT'S NEW: Abercrombie & Fitch reported Q2 earnings per share of 12c, excluding items, on revenue of $817.8M, beating analysts' consensus estimates of a loss per share of (4c) and $811.46M, respectively. Including items, EPS was (1c). Abercrombie said the quarter included a comparable sales decrease of 4% and an adverse impact from changes in foreign currency exchange rates of about 5%. For the quarter, SSS declined 7% at the Abercrombie brand and 1% at Hollister. Executive Chairman Arthur Martinez commented that the quarterly results exceeded what the retailer signaled on its first quarter earnings call and said he is confident "that we are on the right track, although we recognize that we still have much to achieve." Looking ahead, Abercrombie & Fitch sees SSS trends improving in the second half of 2015, skewed towards the fourth quarter. The company expects continued headwinds from foreign currency exchange rates, a gross margin rate approximately flat to last year and flat operating expense compared to last year. Additionally, Abercrombie said it plans to open 15 full-price stores this fiscal year, in markets including China and Japan, and will close about 60 stores in the U.S. during the year. WHAT'S NOTABLE: Abercrombie is in the midst of a massive turnaround and announced the creation of six new positions as it restructures the management of its Abercrombie brand. The move is part of an effort to organize executives by brand rather than product after announcing last year that it would move away from logos. On its earnings conference call this morning, Abercrombie executives said that the company is "not naive" about the challenges it faces, but believes it is "on the right track" to restoring the business to health. Abercrombie said a new chief executive officer will be appointed "in due time." OTHERS TO WATCH: Abercrombie & Fitch peers include Urban Outfitters (URBN), American Eagle (AEO) and Express (EXPR). PRICE ACTION: Abercrombie & Fitch is up 11.75% in morning trading to $19.30.
August 25, 2015
08:28 EDTAEOAmerican Eagle upgraded to Outperform on valuation, execution at FBR Capital
As previously reported, FBR Capital upgraded American Eagle to Outperform from Market Perform. The firm upgraded shares based on valuation, consistent execution in a declining backdrop, reduced expectations, and potential 2H upside. The firm is cautious on the environment beyond 2H 2015 but believes strong brand recognition, product execution, right-sized fleet, and international growth position it for upside in a competitive environment.
08:27 EDTAEOAmerican Eagle should be bought at current levels, says Oppenheimer
Subscribe for More Information
06:05 EDTAEOAmerican Eagle upgraded to Outperform from Market Perform at FBR Capital
Subscribe for More Information
August 24, 2015
07:15 EDTAEOAmerican Eagle risk/reward remains compelling, says Susquehanna
Subscribe for More Information

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