New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 11, 2014
10:00 EDTALDW, TGB, QCOM, PG, PRGO, OTEX, MTG, AUMN, FINL, CNW, EAT, TCKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Alon USA Partners (ALDW) downgraded to Neutral from Buy at Citigroup... Brinker (EAT) downgraded to Hold from Buy at Wunderlich... Con-way (CNW) downgraded to Neutral from Buy at Citigroup... Finish Line (FINL) downgraded at Sterne Agee... Golden Minerals (AUMN) downgraded to Neutral from Buy at Roth Capital... MGIC Investment (MTG) downgraded to Buy from Conviction Buy at Goldman... Open Text (OTEX) downgraded to Sector Perform from Outperform at RBC Capital... Perrigo (PRGO) downgraded to Equal Weight from Overweight at Morgan Stanley... Procter & Gamble (PG) downgraded to Market Perform from Outperform at Wells Fargo... Qualcomm (QCOM) downgraded to Buy from Conviction Buy at Goldman... Taseko Mines (TGB) downgraded at BofA/Merrill... Teck Resources (TCK) downgraded to Underperform from Neutral at BofA/Merrill.
News For ALDW;EAT;CNW;FINL;AUMN;MTG;OTEX;PRGO;PG;QCOM;TGB;TCK From The Last 14 Days
Check below for free stories on ALDW;EAT;CNW;FINL;AUMN;MTG;OTEX;PRGO;PG;QCOM;TGB;TCK the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
July 11, 2014
09:15 EDTPRGOPerrigo downgraded to Equal Weight from Overweight at Morgan Stanley
Subscribe for More Information
09:09 EDTQCOM, MTGOn The Fly: Pre-market Movers
Subscribe for More Information
09:07 EDTFINLFinish Line downgraded at Sterne Agee
Subscribe for More Information
08:14 EDTMTGMGIC Investment downgraded to Buy from Conviction Buy at Goldman
Subscribe for More Information
08:09 EDTAUMNGolden Minerals downgraded to Neutral from Buy at Roth Capital
Subscribe for More Information
07:56 EDTTCKTeck Resources downgraded at BofA/Merrill
Subscribe for More Information
07:44 EDTTGBTaseko Mines downgraded at BofA/Merrill
Subscribe for More Information
07:36 EDTQCOMQualcomm downgraded to Buy from Conviction Buy at Goldman
Goldman removed Qualcomm from the Conviction Buy List as it does not expect material near-term upside to Street estimates sees some risk of downside. The firm trimmed estimates for both the June and September quarters due to weaker handset demand but maintains its Buy rating and $95 price target based on relative valuation and growth profile.
07:35 EDTQCOMQualcomm questioned again in Chinese anti-trust probe, Xinhua says
Subscribe for More Information
07:12 EDTTCKTeck Resources downgraded to Underperform from Neutral at BofA/Merrill
Subscribe for More Information
07:11 EDTTGBTaseko Mines downgraded to Underperform from Buy at BofA/Merrill
Subscribe for More Information
06:54 EDTEATBrinker downgraded to Hold from Buy at Wunderlich
06:47 EDTOTEXOpen Text downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded Open Text to Sector Perform due to valuation and said further upside requires hard to achieve forecasts of margin expansion, organic growth and a high sustained historic multiple. The firm adds the company is less likely to make an acquisition near-term given leverage, removing a catalyst. Price target lowered to $55 from $60.
06:12 EDTCNWCon-way downgraded to Neutral from Buy at Citigroup
Subscribe for More Information
06:08 EDTFINLFinish Line downgraded to Neutral from Buy at Sterne Agee
Subscribe for More Information
05:52 EDTALDWAlon USA Partners downgraded to Neutral from Buy at Citigroup
Subscribe for More Information
05:44 EDTPGProcter & Gamble downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded its rating on Procter & Gamble (PG) shares to Market Perform citing a lack of lack of fundamental progress despite the company's increased innovation. Wells says P&G's U.S. share trends have weakened amid competition. The firm cut its price target range for shares to $85-$87 from $88-$90.
July 10, 2014
18:35 EDTMTGOn The Fly: After Hours Movers
UP AFTER EARNINGS: Joe's Jeans (JOEZ), up 15.5% after reporting second quarter results above analyst estimates... Barracuda Networks (CUDA), up 2.2% after reporting quarterly results and guidance... DOWN AFTER EARNINGS: PriceSmart (PSMT), down 3.7% after reporting third quarter revenue below analyst estimates... Rent-A-Center (RCII), down 11% after reporting disappointing preliminary second quarter results. ALSO LOWER: Gap (GPS), down 2% after reporting June Same Store Sales down 2%... Arotech (ARTX), down 5.6% after filing an automatic common stock shelf... NOTABLE: MGIC Investment (MTG), down 4.8% and Radian Group (RDN), down 3.8% following the FHFA proposal to tighten capital rules for mortgage insurers.
17:08 EDTMTGMortgage insurers trading lower after FHFA proposes tighter capital rules
Subscribe for More Information
10:46 EDTPRGOPerrigo management to meet with Guggenheim
Meeting to be held in New York on July 16 hosted by Guggenheim.
1 | 2 | 3 | 4 | 5 | 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