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Stock Market & Financial Investment News

News Breaks
May 9, 2012
10:29 EDTVECO, SMG, FOSL, DMD, AIG, PRTS, UA, MGLN, EZPW, CPE, HSY, STJ, IQNT, DOW, AFFXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AIG (AIG) upgraded to Buy from Neutral at Goldman... Affymetrix (AFFX) upgraded to Equal Weight from Underweight at Morgan Stanley... Callon Petroleum (CPE) upgraded to Outperform from Neutral at RW Baird... Demand Media (DMD) upgraded to Buy from Neutral at Citigroup... Dow Chemical (DOW) upgraded to Overweight from Equal Weight at Morgan Stanley... EZCORP (EZPW) upgraded to Neutral from Underperform at Sterne Agee... Fossil (FOSL) upgraded to Buy from Hold at Benchmark Co... Inteliquent (IQNT) upgraded to Outperform from Neutral at RW Baird... Magellan Health (MGLN) upgraded to Buy from Neutral at BofA/Merrill... Scotts Miracle-Gro (SMG) upgraded to Market Perform from Underperform at BMO Capital... St. Jude Medical (STJ) upgraded to Overweight from Equal Weight at Morgan Stanley... Under Armour (UA) upgraded to Buy from Neutral at UBS... Veeco (VECO) upgraded to Overweight from Neutral at Piper Jaffray... Hershey (HSY) upgraded to Buy from Hold at Argus... U.S. Auto Parts (PRTS) upgraded to Buy from Neutral at Roth Capital.
News For AIG;AFFX;CPE;DMD;DOW;EZPW;FOSL;IQNT;MGLN;SMG;STJ;UA;VECO;HSY;PRTS From The Last 14 Days
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April 15, 2014
16:31 EDTMGLNMagellan Health and customer agree to amend contract
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15:19 EDTSTJNotable companies reporting before tomorrow's open
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10:00 EDTVECOOn The Fly: Analyst Upgrade Summary
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09:23 EDTSTJBarclays medical supplies/devices analysts hold analyst/industry conference call
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07:22 EDTCPEGlobal Hunter Securities to hold a conference
1:1 Dallas Energy Day is being held in Dallas on April 15.
05:34 EDTVECOVeeco upgraded to Buy from Hold at Berenberg
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April 14, 2014
19:05 EDTPRTSPep Boys falls after CEO says tire pricing to negatively impact revenue
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15:01 EDTMGLNMagellan Health extends contract with 'significant' customer
Magellan Health disclosed in a regulatory filing that as disclosed in the Magellan Health Services, Form 10-K, filed on March 3, the Company has a contract with one of the significant customers in its Specialty Solutions segment with a term ending Janaury 31, 2015 which generated revenue of $47.3M for the year ended December 31. On April 9, the company and this customer agreed to extend this contract through January 31, 2016
April 10, 2014
09:35 EDTPRTSU.S. Auto Parts price target raised to $5 from $4 at Roth Capital
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April 9, 2014
13:35 EDTHSYHershey melts after Goldman downgrade
Shares of chocolate maker Hershey (HSY) are falling after Goldman Sachs lowered its rating on the stock to a Sell. WHAT'S NEW: After the market closed last night, Goldman Sachs downgraded Hershey to Sell from Neutral, saying the stock is "priced for perfection" and that the company's cycle of strong earnings growth will end. Goldman lowered its price target for the stock to $90 from $105. Goldman Sachs analysts Jason English, Sean King and Manpreet Sethl were cautious on Hershey, saying that they expect the company's domestic momentum to fade. Goldman lowered its earnings per share estimates for Hershey's fiscal years 2014 through 2016 by 3%-6% to reflect lower sales and margin projections. While they said that they still perceive Hershey as a "best-in-breed company" whose international momentum will continue, the analysts believe expectations for the company are on the verge of turning more negative. OTHERS TO WATCH: Other companies in the chocolate industry include Nestle (NSRGY) and Mondelez (MDLZ), which owns Cadbury. PRICE ACTION: During afternoon trading, shares of Hershey fell $2.57 or $2.53%, to $99.15.
10:06 EDTHSYOn The Fly: Analyst Downgrade Summary
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07:02 EDTAIGAIG poised to surge this year, says Bernstein
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05:42 EDTHSYHershey downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded its rating on Hershey (HSY) shares to Sell from Neutral saying the stock is priced for perfection and the company's cycle of strong earnings growth is ending. Goldman lowered its price target for the stock to $90 from $105. Shares of Hershey closed yesterday down $1.28 to $101.72.
April 8, 2014
09:23 EDTMGLNLeerink views final rates as favorable for MA plans
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07:24 EDTDOWPR News to hold a conference
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06:04 EDTAIGStocks with implied volatility movement; WFM AIG
Stocks with implied volatility movement; Whole Foods (WFM) 33, AIG (AIG) 24 according to iVolatility.
April 7, 2014
10:00 EDTUAOn The Fly: Analyst Upgrade Summary
Agios Pharmaceuticals (AGIO) upgraded to Overweight from Neutral at JPMorgan... Alcoa (AA) upgraded to Hold from Sell at Deutsche Bank... Align Technology (ALGN) upgraded to Outperform from Market Perform at Barrington... Analog Devices (ADI) upgraded to Neutral from Sell at Goldman... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Citigroup (C) upgraded to Neutral from Underweight at HSBC... Intel (INTC) upgraded to Outperform from Sector Perform at Pacific Crest... JetBlue (JBLU) upgraded to Neutral from Sell at Goldman... Kindred Healthcare (KND) upgraded to Outperform from Sector Perform at RBC Capital... Lennox (LII) upgraded to Outperform from Market Perform at Wells Fargo... Newmont Mining (NEM) upgraded to Hold from Sell at Deutsche Bank... PBF Energy (PBF) upgraded to Buy from Neutral at Citigroup... Renasant (RNST) upgraded to Outperform from Market Perform at Raymond James... Select Medical (SEM) upgraded to Outperform from Sector Perform at RBC Capital... Ultra Petroleum (UPL) upgraded to Outperform from Market Perform at Raymond James... Under Armour (UA) upgraded to Buy from Neutral at Sterne Agee... Hercules Technology (HTGC) upgraded to Buy from Hold at Sandler ONeill... Standard Pacific (SPF) upgraded to Outperform from Market Perform at Raymond James... Yelp (YELP) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Outperform from Perform at Oppenheimer... Pandora (P) upgraded to Outperform from Neutral at Wedbush.
09:18 EDTEZPWEZCORP executive chairman Sterling Brinkley to retire
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07:03 EDTAIGAIG loss ratio to continue to improve, says Bernstein
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06:35 EDTUAUnder Armour upgraded to Buy from Neutral at Sterne Agee
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