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Stock Market & Financial Investment News

News Breaks
September 6, 2012
10:41 EDTWXS, GOLD, AKS, STI, OGE, SWK, ATVIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Buy from Neutral at Longbow... Activision Blizzard (ATVI) upgraded to Overweight from Neutral at Piper Jaffray... OGE Energy (OGE) upgraded to Outperform from Market Perform at BMO Capital... Randgold Resources (GOLD) upgraded to Overweight from Neutral at JPMorgan... Stanley Black (SWK) upgraded to Overweight from Equal Weight at Morgan Stanley... SunTrust (STI) upgraded to Overweight from Neutral at JPMorgan... Wright Express (WXS) upgraded to Buy from Neutral at Janney Capital.
News For AKS;ATVI;OGE;GOLD;SWK;STI;WXS From The Last 14 Days
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May 17, 2013
14:29 EDTSTISunTrust gets judge to block $13M arbitration, Reuters says
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May 16, 2013
08:33 EDTSTIBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
May 15, 2013
12:12 EDTATVIActivision Blizzard halted share buying talks with Vivendi, Bloomberg reports
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11:50 EDTATVIActivision halted talks on buying back shares from Vivendi, Bloomberg reports
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08:57 EDTSWKStanley Black & Decker management to meet with UBS
Meeting to be held in the United Kingdom on May 15 hosted by UBS.
May 14, 2013
15:19 EDTATVIVivendi weighing options for Activision stake, WSJ reports
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13:21 EDTATVITake-Two rises after results beat expectations
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13:16 EDTSTISunTrust management to meet with SunTrust
Group dinner to be held in New York on May 20 hosted by SunTrust.
May 13, 2013
07:36 EDTGOLDSummit Business Media holds a conference
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May 9, 2013
15:48 EDTATVIActivision Blizzard downgraded to Long-Term Buy from Buy at Hilliard Lyons
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10:05 EDTATVIActivision Blizzard falls after results, levels to watch
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09:19 EDTATVIOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference.
May 8, 2013
19:06 EDTATVIOn The Fly: After Hours Movers
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16:20 EDTATVIActivision says uncertainties in 2H13 more challenging than earlier view
The company said, “While we have had a solid start to the year, we now believe that the risks and uncertainties in the back half of 2013 are more challenging than our earlier view, especially in the holiday quarter. The shift in release dates of competing products, the disappointing launch of the Wii U™, uncertainties regarding next-generation hardware, and subscriber declines in our World of Warcraft business all raise concerns, as do continued challenges in the global economy. For these reasons, we remain cautious. However, our focused and disciplined approach to our business has served us well in the past, and through continued investment and careful management of our costs, we expect to continue delivering shareholder value over the long term as we have for the last 20 years.”
16:19 EDTATVIActivision Blizzard reports Q1 non-GAAP revenue $804M, consensus $704.2M
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16:17 EDTATVIActivision Blizzard sees Q2 EPS 5c, consensus 5c
Sees Q2 non-GAAP revenue $590M, consensus $605.28M. Sees Q2 GAAP revenue $980M.
16:15 EDTATVIActivision Blizzard raises CY13 EPS view to 82c from 80c
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16:13 EDTATVIActivision Blizzard reports Q1 EPS 17c, consensus 11c
Reports Q1 revenue $1.32B, consensus $704.2M.
15:29 EDTATVINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include News Corp. (NWSA), consensus 36c; CenturyLink (CTL), consensus 69c; Transocean (RIG), consensus $1.00; Activision Blizzard (ATVI), consensus 11c; Energy Transfer Equity (ETE), consensus 48c; Continental Resources (CLR), consensus $1.13; Green Mountain Coffee Roasters (GMCR), consensus 73c; Sunoco Logistics Partners (SXL), consensus 82c; Tesla Motors (TSLA), consensus 4c.
14:30 EDTATVIActivision Blizzard May volatility elevated into Q1
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