New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 12, 2014
10:00 EDTAIG, ARG, WLH, URBN, TOL, SNTA, PHM, NWBO, MSI, LVNTA, HRZN, FRX, DRH, CHD, ABC, AEO, AMRE, GERNOn The Fly: Analyst Downgrade Summary
AIG (AIG) downgraded to Hold from Buy at Deutsche Bank... AmREIT (AMRE) downgraded to Hold from Buy at Jefferies... American Eagle (AEO) downgraded to Underweight from Equal Weight at Morgan Stanley... AmerisourceBergen (ABC) downgraded to Neutral from Buy at Goldman... Church & Dwight (CHD) downgraded to Neutral from Outperform at Credit Suisse... Clean Harbors (CLH) downgraded to Outperform from Top Pick at RBC Capital... DiamondRock (DRH) downgraded to Underperform from Neutral at BofA/Merrill... Forest Labs (FRX) downgraded to Neutral from Overweight at Piper Jaffray... Horizon Technology (HRZN) downgraded to Underperform at Keefe Bruyette... Liberty Ventures (LVNTA) downgraded to Neutral from Buy at Citigroup... Motorola Solutions (MSI) downgraded to Sell from Neutral at Goldman... Northwest Biotherapeutics (NWBO) downgraded to Perform from Outperform at Oppenheimer... PulteGroup (PHM) downgraded to Neutral from Outperform at Credit Suisse... Synta Pharmaceuticals (SNTA) downgraded to Underperform from Market Perform at BMO Capital... Toll Brothers (TOL) downgraded to Neutral from Outperform at Credit Suisse... Urban Outfitters (URBN) downgraded to Equal Weight from Overweight at Barclays... William Lyon Homes (WLH) downgraded to Neutral from Outperform at Credit Suisse... Airgas (ARG) downgraded to Hold from Buy at BGC Financial... Geron (GERN) downgraded to Neutral from Overweight at Piper Jaffray.
News For AIG;AMRE;AEO;ABC;CHD;DRH;FRX;HRZN;LVNTA;MSI;NWBO;PHM;SNTA;TOL;URBN;WLH;ARG;GERN From The Last 14 Days
Check below for free stories on AIG;AMRE;AEO;ABC;CHD;DRH;FRX;HRZN;LVNTA;MSI;NWBO;PHM;SNTA;TOL;URBN;WLH;ARG;GERN the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 8, 2014
09:39 EDTAIGAIG, Coventry First file lawsuits against one another
Subscribe for More Information
06:10 EDTAIGAIG initiated with a Buy at Citigroup
Citigroup initiated shares of AIG with a Buy rating and $68 price target citing the company's "substantial" improvements to its balance sheet and profitability.
September 5, 2014
12:19 EDTAEO, URBNGap 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 EDTAEO, URBNZumiez sinks as company provides 'disappointing' Q3 outlook
Subscribe for More Information
10:11 EDTAIGAIG claims Coventry First engaged in 'egregious criminal scheme,' WSJ reports
Subscribe for More Information
September 4, 2014
12:20 EDTCHDChurch & Dwight management to meet with SunTrust
Subscribe for More Information
September 3, 2014
17:44 EDTTOLToll Brothers looks unattractive, Barron's says
Subscribe for More Information
06:16 EDTTOLToll Brothers sees FY14 revenue $3.76B-$3.99B, consensus $3.84B
Subscribe for More Information
06:14 EDTTOLToll Brothers sees Q4 home deliveries 1,710-1,910
Subscribe for More Information
05:59 EDTTOLToll Brothers reports Q3 EPS 53c, consensus 45c
Subscribe for More Information
September 2, 2014
16:21 EDTDRHDiamondRock acquires Hilton Garden Inn in New York for $127.2M
DiamondRock Hospitality announced that on August 29 it acquired the fee-simple condominium interest in the 282-room Hilton Garden Inn/Times Square Central in New York for a contractual purchase price of $127.2M. The Company still expects the Hotel to generate approximately $5.0M of adjusted earnings before interest, taxes, depreciation and amortization in 2014.
16:19 EDTDRHDiamondRock acquires The Inn hotel for $47.5M
DiamondRock Hospitality announced that it recently acquired the fee simple interest in a 106-room boutique hotel, The Inn at Key West in Key West, Florida, for a contractual purchase price of $47.5M. The contractual purchase price represents a 12.1 multiple on forecasted 2014 Hotel earnings before interest, taxes, depreciation and amortization of $3.9M and a 7.6% capitalization rate on the Hotel's 2014 forecasted net operating income. The EBITDA for the Company's ownership period in 2014 is expected to be approximately $1.0M, with approximately 80% of that amount earned during the Q4. The Company funded the acquisition with existing corporate cash.
15:32 EDTTOLNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Toll Brothers (TOL), consensus 45c; Navistar (NAV), consensus (66c); G-III Apparel (GIII), consensus 16c; Vince Holding (VNCE), consensus 24c; Dorian LPG (LPG), consensus 1c.
14:45 EDTTOLToll Brothers September weekly volatility increases into Q3
Subscribe for More Information
14:16 EDTTOLToll Brothers technical comments before earnings
Subscribe for More Information
10:02 EDTPHMOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:27 EDTPHMPulteGroup downgraded to Market Perform from Outperform at FBR Capital
Subscribe for More Information
07:08 EDTAIGNew AIG CEO looks to boost profits by utilizing trove of data, WSJ reports
Subscribe for More Information
05:40 EDTPHMPulteGroup downgraded to Market Perform from Outperform at FBR Capital
Subscribe for More Information
September 1, 2014
09:00 EDTAIGAIG says Peter Hancock assumes role of CEO
Subscribe for More Information
1 | 2 | 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