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May 23, 2014
09:59 EDTJOE, PRAA, FEYE, RBCN, HLT, PLCE, RTI, GABC, AHEXYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Adecco (AHEXY) upgraded to Buy from Sell at UBS... Children's Place (PLCE) upgraded to Buy from Neutral at Buckingham... FireEye (FEYE) upgraded to Overweight from Equalweight at Barclays... German American Bancorp (GABC) upgraded to Outperform at Keefe Bruyette... Hilton (HLT) upgraded to Buy from Hold at Craig-Hallum... L Brands (LB) upgraded at Stifel... Portfolio Recovery (PRAA) upgraded to Buy from Neutral at Janney Capital... RTI International (RTI) upgraded to Overweight from Neutral at JPMorgan... Rubicon (RBCN) upgraded to Perform from Underperform at Oppenheimer... Saint Joe Co. (JOE) upgraded to Outperform from Market Perform at Raymond James.
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November 27, 2015
06:11 EDTFEYEStocks with implied volatility below IV index mean; FEYE VIPS
Stocks with implied volatility below IV index mean; FireEye (FEYE) 45, Vipshop (VIPS) 58 according to iVolatility.
November 24, 2015
16:33 EDTHLTHilton eradicating malware in payment cards systems
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10:29 EDTFEYEPalo Alto seen adding confidence on IT security demand
The shares of IT security company Palo Alto (PANW) are rising after the company reported stronger than expected results last night. In a note to investors today, JPMorgan wrote that the results "should help restore investor confidence" in demand for IT security systems. WHAT'S NEW: Palo Alto reported first quarter earnings per share of 35c, versus analysts' consensus estimate of 32c. The company's revenue came in at $297M, versus the consensus outlook of $284M. The IT security company provided roughly in-line Q2 EPS guidance, while its Q2 revenue guidance came in slightly above expectations. "Security remains a strategic consideration embedded in virtually every IT decision, (and) as a result, the demand environment remains very healthy, said Palo Alto CEO Mark McLaughlin. ANALYST REACTION: Palo Alto's results should boost investors' confidence in the IT security demand environment, wrote JPMorgan analyst Sterling Auty. Palo Alto's results were "healthy" and the company's customer growth trends continue to be strong, the analyst stated. Moreover, the company is selling more of its products to each customer, Auty reported. As investors shift to valuing the company on cash flow, moving away from their current revenue based valuation method, the stock should rise, according to Auty, who kept a $216 price target and Overweight rating on the name. Palo Alto reported strong results, showing that the company is continuing to gain share in the new, fast growing next generation firewall and advanced threat detection market, according to Stephens analyst Jonathan Ruykhaver. Strong demand, good new products, and a wider distribution network will enable the company to deliver significant share gains and strong growth, believes the analyst, who increased his price target on the stock to $200 from $190. Also very upbeat on Palo Alto was Pacific Crest analyst Rob Owens. The company's growth continued to be "torrid" last quarter and it will clearly be among the winners in the IT security sector, wrote Owens, who raised his price target on the shares to $210 from $190 and kept an Overweight rating on the name. WHAT'S NOTABLE: Other publicly traded companies in the IT security space include Barracuda (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). PRICE ACTION: In early trading, Palo Alto climbed 7% to $184.22.
November 19, 2015
16:39 EDTJOESaint Joe Co. announces retirement of interim CEO Jeff Keil
The St. Joe Company announced that Jeffrey Keil is retiring from his position as President & Interim Chief Executive Officer, effective as of November 18, 2015. Mr. Keil has served as a Director on the St. Joe Board of Directors since 2011 and assumed the position of President and Interim CEO in August 2014 upon the retirement of Park Brady. Mr. Keil, who has also resigned from his position on the Board of Directors as of November 18, said "It would be difficult for me to imagine a happier way to conclude my tenure with St. Joe than by announcing that Jorge Gonzalez, a senior colleague at St. Joe, has been selected as my successor as President & CEO. Jorge has been with St. Joe for 13 years and his most recent assignment has been Senior Vice President of Development. In that capacity he supervised the long and complex sector planning entitlement process that was successfully concluded earlier this year, leaving the company in a position to advance development of the beautiful and contiguous land it has owned for over 50 years."
10:02 EDTFEYEFireEye November calls active on renewed takeover chatter
FireEye November calls 22.5 and 23 calls are active on total call volume of 7K contracts (1K puts) on renewed takeover chatter. November call option implied volatility 74, December is at 54; compared to its 52-week range of 37 to 78. Active call volume suggests traders taking positions for large price movement.
November 18, 2015
09:34 EDTFEYEActive equity options trading on open
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07:45 EDTHLTHilton management to meet with Deutsche Bank
Meeting to be held in Denver on November 18 hosted by Deutsche Bank.
November 17, 2015
16:08 EDTFEYESynopsys notifies on unauthorized access to web portal
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10:00 EDTPRAAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CF Industries (CF) upgraded to Positive at Susquehanna... ExlService (EXLS) upgraded to Buy from Neutral at BofA/Merrill... Fitbit (FIT) upgraded to Buy at BofA/Merrill... Forward Air (FWRD) upgraded to Outperform at Baird... HD Supply (HDS) upgraded to Positive from Neutral at Susquehanna... Hannover Re (HVRRY) upgraded to Overweight from Underweight at JPMorgan... Moody's (MCO) upgraded to Buy from Neutral at UBS... PRA Group (PRAA) upgraded to Strong Buy from Market Perform at Raymond James... Plum Creek Timber (PCL) upgraded to Outperform from Sector Perform at RBC Capital... Shire (SHPG) upgraded to Outperform from Market Perform at Leerink... Yandex (YNDX) upgraded to Overweight from Equal Weight at Morgan Stanley... Zayo Group (ZAYO) upgraded to Buy from Neutral at MoffettNathanson.
07:56 EDTFEYEUBS to hold a conference
Global Technology Conference is being held in San Francisco on November 16-18 with webcasted company presentations to begin on November 17 at 10:45 am.; not all company presentations may be webcasted. Webcast Link
07:20 EDTPRAAPRA Group upgraded to Strong Buy from Market Perform at Raymond James
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November 16, 2015
09:35 EDTPRAAPRA Group reiterated as an Overweight at First Analysis
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07:18 EDTHLTDeutsche Bank to hold a conference
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06:13 EDTFEYECyberArk CEO: Lack of data breaches won't hurt company, Bloomberg says
CyberArk (CYBR) is distancing itself from FireEye (FEYE), saying that the lack of security breaches won't hurt the company, Bloomberg reports, citing comments from CyberArk CEO Udi Mokady. FireEye blamed a lull in cyber attacks for its downbeat quarterly earnings, the report says. "That is totally not the case in our world," Mokady said by phone from San Francisco last week. "It's not our business model -- our model is to put in private account security ahead of time, and we're seeing increased demand, increased awareness of that." Reference Link

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