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Stock Market & Financial Investment News

News Breaks
July 3, 2014
09:56 EDTSTL, PRXL, STBZ, ERIC, PE, AERIOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aerie Pharmaceuticals (AERI) initiated with a Buy at Canaccord... Alliance Fiber Optic (AFOP) initiated with a Buy at Sidoti... Ericsson (ERIC) initiated with a Hold at Jefferies... PAREXEL (PRXL) initiated with a Hold at KeyBanc... Parsely Energy (PE) initiated with a Sector Perform at RBC Capital... State Bank Financial (STBZ) initiated with a Buy at Wunderlich... Sterling Bancorp (STL) initiated with an Outperform at Raymond James.
News For AERI;ERIC;PRXL;PE;STBZ;STL From The Last 14 Days
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May 22, 2015
15:01 EDTERICWi-LAN says Ericsson granted motion for summary judgment on three patents
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May 19, 2015
09:43 EDTPEParsley Energy upgraded to Buy from Neutral at Global Hunter
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May 18, 2015
16:48 EDTSTLSterling Bancorp acquires factoring portfolio from FCC, terms not disclosed
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May 15, 2015
12:42 EDTPEParsley Energy upgraded to Buy from Hold at Clarkson Capital
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May 12, 2015
16:38 EDTPEParsley Energy raises FY15 average net daily production to 20.0Boe/d-21.5Boe/d
Previous average net daily production outlook was 18.0Boe/d-19.0Boe/d. Raised drilling and completion outlook from $195M-$210 to $215M-$255M, infrastructure and other from $30M-$40M to $35M-$45M and total development expenditures from $225M-$250M to $250M-$300M. Also raised horizontal wells completed outlook from 30-35 to 35-40 and vertical wells completed remained at 18-22.
16:32 EDTPEParsley Energy reports Q1 adj. EPS (7c), consensus 0c
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15:00 EDTPENotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include McKesson (MCK), consensus $2.75... Zillow (Z), consensus (12c)... GoDaddy (GDDY), consensus 35c... RSP Permian (RSPP), consensus 17c... Parsley Energy (PE), consensus 0c... Vivint Solar (VSLR), consensus (38c)... New Relic (NEWR), consensus (25c)... Hortonworks (HDP), consensus (86c)... SunOpta (STKL), consensus 7c... OPOWER (OPWR), consensus (16c)... JP Energy Partners (JPEP), consensus (4c)... TubeMogul (TUBE), consensus (18c)... Ducommun (DCO), consensus 30c.
May 11, 2015
07:26 EDTERICQualcomm rivals questioned by EU antitrust regulators, Reuters reports
Antitrust regulators in the EU are asking Qualcomm's (QCOM) rivals about the company's business practices, Reuters reports, citing a document. Europe has been investigating Qualcomm for the last seven months over the way it licenses its products and its power over patents. Another EU inquiry, which began in 2010, was triggered by a complained from Nvidia's (NVDA) Icera unit over rebates and incentives. Reference Link
05:21 EDTERICEricsson announces multi-year agreement with Safaricom
Ericsson announced the signing of a multi-year agreement with Safaricom, Kenya's largest mobile operator, to support the upgrade and expansion of its converged mobile network infrastructure. Under the terms of this agreement, Ericsson will deploy Wi-Fi technology for the first time on the Safaricom network as well as expand and enhance the MINI-LINK microwave transmission network; enabling subscribers enjoy a richer quality of mobile broadband in Kenya.

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