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Stock Market & Financial Investment News

News Breaks
August 21, 2014
10:14 EDTAEO, CRH, DTSI, IFNNY, IRF, LAZ, PLAB, ROSEOn 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
Check below for free stories on AEO;CRH;DTSI;IFNNY;IRF;LAZ;PLAB;ROSE the last two weeks.
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September 18, 2014
10:57 EDTAEOU.S. ITC to investigate 17 denim jean companies for patent infringement
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September 17, 2014
07:36 EDTLAZWolfe Research to hold a conference
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September 16, 2014
16:29 EDTAEOAmerican Eagle assumed with a Neutral at Piper Jaffray
Target $13.
09:59 EDTAEOOn The Fly: Analyst Upgrade Summary
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09:25 EDTAEOOn The Fly: Pre-market Movers
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07:09 EDTAEOAmerican Eagle upgraded to Overweight from Equal Weight at Stephens
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September 11, 2014
16:31 EDTDTSIDTS, Inc. acquires Manzanita Systems
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10:00 EDTCRHOn The Fly: Analyst Upgrade Summary
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06:50 EDTCRHCRH Plc. upgraded to Buy from Neutral at BofA/Merrill
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September 10, 2014
10:00 EDTCRHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: African Barrick Gold (ABGLY) upgraded to Neutral from Sell at Goldman... ArcelorMittal (MT) upgraded to Overweight from Underweight at Barclays... CRH Plc. (CRH) upgraded to Outperform from Underperform at Raymond James... Callon Petroleum (CPE) upgraded to Buy from Neutral at SunTrust... Coach (COH) upgraded to Overweight from Neutral at Atlantic Equities... Hartford Financial (HIG) upgraded to Outperform from Market Perform at FBR Capital... Huntsman (HUN) upgraded to Buy from Neutral at Citigroup... Imperva (IMPV) upgraded to Outperform from Perform at Oppenheimer... L Brands (LB) upgraded at Credit Suisse... Marcus (MCS) upgraded to Buy from Neutral at B. Riley... Noodles & Company (NDLS) upgraded to Buy from Neutral at UBS... Sunoco Logistics (SXL) upgraded to Overweight from Equal Weight at Barclays... Triangle Petroleum (TPLM) upgraded to Buy from Accumulate at KLR Group... Twitter (TWTR) upgraded to Buy from Neutral at UBS.
05:29 EDTCRHCRH Plc. upgraded to Outperform from Underperform at Raymond James
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September 5, 2014
12:19 EDTAEOGap falls after reporting August same-store sales decline
Shares of apparel retailer Gap (GPS) are falling after the company reported disappointing August same-store sales results and Buckingham analysts downgraded the company's stock. WHAT'S NEW: Gap reported last night that its August comparable sales declined 2%, compared to a 2% increase a year ago in the same month. Gap Global SSS fell 9%, Banana Republic Global SSS fell 2% and Old Navy Global SSS rose 2%. Gap also reported its August net sales were flat compared to last year's $1.23B. WHAT'S NOTABLE: Looking ahead, the company said Gap's August sales performance will likely put pressure on the brand's gross margins in September. ANALYST REACTION: Gap was downgraded to Neutral from Buy at Buckingham this morning following the August comparable sales numbers. Buckingham analysts say they question the previously anticipated 2H14 comp recovery at the core brand and do not see upside to the stock if the flagship brand does not turn positive in the second half. Buckingham expects the stock's multiple to contract back to its historical average until sales improve. The firm still expects full-year 2014 guidance to be achievable as Gap manages expenses and it continues to like operational improvements the company is making in its supply chain and omni-channel initiatives. Until sales improve, Buckingham expects shares to remain range bound near $44 to $46. UBS analysts, on the other hand, say Gap's share weakness presents a buying opportunity. The firm said the miss does not derail the company's ability to show improvement over the second half and does not impact their long-term thesis tied to margin improvement opportunities. PRICE ACTION: Near noon, Gap fell $2.20, or about 5%, to $44.39. OTHERS TO WATCH: Competitors to Gap include American Apparel (APP), American Eagle (AEO), Urban Outfitters (URBN), Express (EXPR), and Abercrombie and Fitch (ANF).
11:43 EDTAEOZumiez sinks as company provides 'disappointing' Q3 outlook
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