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Stock Market & Financial Investment News

News Breaks
November 19, 2012
10:41 EDTAKS, CPHD, DMND, DRYS, LRN, LH, MTL, PNNT, VFCOn The Fly: Analyst Downgrade Summary
Today’s notable downgrades include: AK Steel (AKS) downgraded to Neutral from Buy at Longbow...Cepheid (CPHD) downgraded to Neutral from Buy at Goldman...Diamond Foods (DMND) downgraded to Underperform from Hold at Jefferies...DryShips (DRYS) downgraded to Market Perform from Outperform at Wells Fargo...K12 (LRN) downgraded to Market Perform from Outperform at Wells Fargo...LabCorp (LH) downgraded to Sell from Neutral at Goldman...Mechel (MTL) downgraded to Equal Weight from Overweight at Morgan Stanley...PennantPark (PNNT) downgraded to Neutral from Outperform at RW Baird...VF Corp. (VFC) downgraded to Neutral from Buy at DA Davidson.
News For AKS;CPHD;DMND;DRYS;LRN;LH;MTL;PNNT;VFC From The Last 14 Days
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July 18, 2014
12:04 EDTLHLabCorp pullback a buying opportunity, says Maxim
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11:25 EDTLHPiper awaits notable volume recovery to get more positive on LabCorp
Piper Jaffray views LabCorp's in-line quarter as positive and said restored TRICARE coverage may provide added upside, but the firm would like to see notable lab volume recovery and a pullback in the shares before becoming more positive on the stock. Piper raised its price target on the stock to $99 from $98 and maintains its Neutral rating on LabCorp.
09:44 EDTCPHDCepheid trades sharply lower after earnings, levels to watch
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09:24 EDTCPHDOn The Fly: Pre-market Movers
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09:14 EDTVFCVF Corp. expects Europe jeans business to go back to growth again
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09:04 EDTVFCVF Corp. 'squarely on track' to meet FY14 gross margin goal of 49%
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07:03 EDTVFCVF Corp. sees Q3 revenues up at a rate similar to Q2
Consensus is $3.6B. The company says "Third quarter revenues are expected to increase at a rate similar to that of the second quarter driven primarily by strength within the Outdoor & Action Sports coalition, our international operations and continued strength in our direct-to-consumer businesses. The strongest growth and profit comparisons of the year are expected in the fourth quarter, when direct-to-consumer represents the most significant contribution of the year."
07:02 EDTVFCVF Corp. sees FY14 EPS $3.06, consensus $3.09
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07:01 EDTVFCVF Corp. reports Q2 EPS 36c, consensus 35c
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06:43 EDTLHLabCorp raises FY14 adjusted EPS to $6.50-$6.75 from $6.40-$6.70
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06:43 EDTLHLabCorp: Q2 sales increase due to test volume
Total test volume increased 5.3%, while revenue per requisition decreased 2.0% due to test and payer mix. Reports Q2 operating income $246.7M, operating cash flow $207.4M, free cash flow $159M
06:41 EDTLHLabCorp reports Q2 adjusted EPS $1.84, consensus $1.77
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July 17, 2014
17:42 EDTCPHDCepheid says Roche patent suit will not have material adverse impact on results
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17:31 EDTCPHDCepheid sees significant step up in Q4 revenue
17:31 EDTCPHDCepheid sees Q3 non-GAAP EPS (1c)-1c, consensus (8c)
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16:14 EDTCPHDCepheid sees FY14 adjusted EPS 10c-13c, may not compare to consensus (37c)
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16:13 EDTCPHDCepheid reports Q2 EPS (14c), consensus (14c)
Reports Q2 revenue $116.5M, consensus $115.56M.
15:26 EDTVFCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include General Electric (GE), consensus 39c; Honeywell (HON), consensus $1.36; Bank of New York Mellon (BK), consensus 56c; Johnson Controls (JCI), consensus 83c; V.F. Corporation (VFC), consensus 35c; Kansas City Southern (KSU), consensus $1.17; Autoliv (ALV), consensus $1.55.
09:34 EDTLHLabCorp upgraded to Outperform from Market Perform at William Blair
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09:04 EDTMTLMechel reports reorganization to eliminate ferroalloy division
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