New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 21, 2014
10:01 EDTAEP, WLT, TPLM, TRP, ROYT, PDCE, NE, MGI, MPC, CLI, JBL, HFC, GLNG, GLOG, DOV, CNS, BBT, YUMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Electric (AEP) downgraded to Neutral from Buy at ISI Group... BB&T (BBT) downgraded at Oppenheimer... Cohen & Steers (CNS) downgraded to Hold from Buy at Gabelli... Dover (DOV) downgraded to Hold from Buy at Stifel... GasLog (GLOG) downgraded to Hold from Buy at Jefferies... Golar LNG (GLNG) downgraded to Hold from Buy at Jefferies... HollyFrontier (HFC) downgraded to Sector Perform from Outperform at Howard Weil... Jabil Circuit (JBL) downgraded at RBC Capital... Mack-Cali Realty (CLI) downgraded at Cowen... Marathon Petroleum (MPC) downgraded to Outperform from Focus List at Howard Weil... MoneyGram (MGI) downgraded to Market Perform from Outperform at JMP Securities... Noble Corp. (NE) downgraded to Neutral from Accumulate at Global Hunter... PDC Energy (PDCE) downgraded to Market Perform from Outperform at BMO Capital... Pacific Coast Oil (ROYT) downgraded at Janney Capital... TransCanada (TRP) downgraded to Sector Performer from Outperformer at CIBC... Triangle Petroleum (TPLM) downgraded to Accumulate from Buy at KLR Group... Walter Energy (WLT) downgraded to Sell from Neutral at Goldman... Yum! Brands (YUM) downgraded to Neutral from Overweight at JPMorgan.
News For AEP;BBT;CNS;DOV;GLOG;GLNG;HFC;JBL;CLI;MPC;MGI;NE;PDCE;ROYT;TRP;TPLM;WLT;YUM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
October 8, 2014
09:20 EDTYUMOn The Fly: Pre-market Movers
Subscribe for More Information
09:05 EDTAEPFluor wins construction contract from American Electric
Subscribe for More Information
08:08 EDTWLTWalter Energy downgraded at Morgan Stanley
Subscribe for More Information
07:29 EDTYUMYum! comp weakness in China has bottomed, says UBS
UBS believes Yum! Brands' recovery in China is under way, but that visibility remains limited following yesterday's Q3 results. The firm still has many questions about company strategy, but believes China comp weakness has bottomed. UBS maintains its Buy rating and $85 price target on Yum! Brands shares.
07:20 EDTYUMYum! Brands outlook still positive, says Stifel
After Yum! reported weaker than expected results ex-items, Stifel continues to expect the company to eventually carry out a significant restructuring that could include a partial listing of its China unit in Hong Kong and/or a $15 per share debt recapitalization. The firm continues to believe that Yum! China is one of the best retail businesses in the world. It cut its price target on Yum! to $105 from $110 but keeps a Buy rating on the shares.
06:28 EDTBBTM&T Bank, SunTrust may miss Q3 expectations, says Citigroup
Subscribe for More Information
October 7, 2014
17:24 EDTWLTWalter Energy downgraded to Equal Weight from Overweight at Morgan Stanley
17:18 EDTYUMYum! Brands reverses direction in after-hours trading, up 1.1%
Subscribe for More Information
16:31 EDTYUMYum! Brands reports Q3 China SSS down 14%
Subscribe for More Information
16:24 EDTYUMYum! Brands down 1% following Q3 results
16:23 EDTYUMYum! Brands expects to develop at least 700 new restaurants in China this year
Subscribe for More Information
16:22 EDTYUMYum! Brands lowers FY14 EPS growth ex-items to 6%-10%
Subscribe for More Information
16:19 EDTYUMYum! Brands provides China update
Subscribe for More Information
16:15 EDTYUMYum! Brands reports Q3 EPS ex-items 87c, consensus 89c
Reports Q3 revenue $3.35B, consensus $3.48B. Worldwide system sales grew 1%. Worldwide restaurant margin decreased 2.7 percentage points to 14.9%, and worldwide operating profit decreased 12%.
15:16 EDTYUMNotable companies reporting after market close
Subscribe for More Information
14:27 EDTYUMYum! Brands October weekly 70 straddle priced for 4.6% move into Q3
Subscribe for More Information
13:03 EDTYUMYum! Brands technical notes ahead of results
The shares have markedly under-performed in the prior three months, trading down over 14%. A great deal of the share price loss came at the front of the interval during the tainted-meat scandal in China. After the initial drop, shares have been basing in a range of $70 at the low and $73 at the high. The base at $70 may be particularly important. If the news is worse than already low expectations, that support at the $70 area could be lost. Next support below would be at $68.20 and then at $66.16. An extreme price reaction could see the 52-week low at $64.08 tested as well or perhaps broken. Equally, an upside surprise could see the top of the range tested at $73. Given low expectations, a bit of stronger news could push the stock through that resistance level. Next upside would be at $73.84, $75.44, and then at $76.33 on an increasing band of positive surprises.
10:02 EDTBBTOn The Fly: Analyst Initiation Summary
Subscribe for More Information
09:13 EDTHFCHollyFrontier upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
07:59 EDTBBTBB&T initiated with a Market Perform at Bernstein
Target $41.
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