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Stock Market & Financial Investment News

News Breaks
May 30, 2014
10:13 EDTVWDRY, SDRL, PRXL, HSH, FRED, TYL, RY, OVTI, HHS, EXAS, TECD, SOL, BLOX, GMK, ALKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Alaska Air (ALK) downgraded to Hold from Buy at Stifel... Exact Sciences (EXAS) downgraded to Neutral from Outperform at Wedbush... Fred's (FRED) downgraded at BB&T... Gruma (GMK) downgraded to Hold from Buy at Deutsche Bank... Harte-Hanks (HHS) downgraded at BMO Capital... Hillshire Brands (HSH) downgraded to Market Perform from Outperform at Bernstein... Infoblox (BLOX) downgraded to Sector Perform from Outperform at Pacific Crest... OmniVision (OVTI) downgraded to Underperform from Market Perform at Raymond James... PAREXEL (PRXL) assumed with a Market Perform at Raymond James... ReneSola (SOL) downgraded to Neutral from Buy at Roth Capital... Royal Bank of Canada (RY) downgraded to Sector Performer from Outperformer at CIBC... Seadrill (SDRL) downgraded to Sell from Hold at Nordea... Tech Data (TECD) downgraded to Underperform from Outperform at CLSA... Tyler Technologies (TYL) downgraded to Hold from Buy at Dougherty... Vestas Wind (VWDRY) downgraded to Neutral from Buy at Goldman.
News For ALK;EXAS;FRED;GMK;HHS;HSH;BLOX;OVTI;PRXL;SOL;RY;SDRL;TECD;TYL;VWDRY From The Last 14 Days
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August 25, 2015
18:11 EDTSDRLTranocean tanks after proposing dividend cancellations, peers follow
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14:43 EDTOVTIOmniVision volatility elevated into Q1 and outlook
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09:13 EDTSOLOn The Fly: Pre-market Movers
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09:12 EDTTYLTyler Technologies management to meet with JMP Securities
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06:39 EDTSOLReneSola sees Q3 revenue $330M-$340M, consensus $278.27M
Sees Q3 gross margin 15%-16%.
06:38 EDTSOLReneSola reports Q2 EPS (1c), consensus (11c)
Reports Q2 revenue $268.4M, consensus $283.03M.
August 24, 2015
08:00 EDTEXASExact Sciences price target lowered to $26 from $32 at Canaccord
Canaccord lowered its price target on Exact Sciences to $26 from $32 to reflect dilution of the large secondary offering. The firm maintains its Buy rating on Exact Sciences shares, citing its sales force expansion, payer traction and a high probability of a positive outcome from the USPSTF decision.
August 20, 2015
15:56 EDTRYWindstream said to hire RBC to explore sale of data storage business
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13:26 EDTTECDOn The Fly: Top stock stories at midday
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10:00 EDTVWDRYOn The Fly: Analyst Downgrade Summary
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09:20 EDTTYLTyler Technologies' Odyssey solution selected by Superior Court of California
Tyler Technologie has signed an agreement with the Superior Court of California, County of San Bernardino, to implement Tyler's Odyssey court case management software solution for all of its remaining case types, including civil, family, juvenile and probate.
06:07 EDTTECDTech Data sees Q3 local currency revenue growth in mid-single digits in Americas
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06:03 EDTTECDTech Data reports Q2 non-GAAP EPS $1.43, consensus 96c
Reports Q2 revenue $6.58B, consensus $6.07B.
05:21 EDTVWDRYVestas Wind downgraded to Underperform from Neutral at Credit Suisse
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August 19, 2015
14:48 EDTTECDNotable companies reporting before tomorrow's open
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August 18, 2015
10:00 EDTTECDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Abercrombie & Fitch (ANF) initiated with an Underperform at Wolfe Research... Abiomed (ABMD) initiated with a Buy at CRT Capital... Aeropostale (ARO) initiated with a Peer Perform at Wolfe Research... American Eagle (AEO) initiated with an Outperform, Top Pick at Wolfe Research... American Electric (AEP) initiated with a Buy at Mizuho... Benefitfocus (BNFT) initiated with an Overweight at First Analysis... Blue Buffalo Pet Products (BUFF) initiated with an Equal Weight at Morgan Stanley... Capitala Finance (CPTA) initiated with an Equal Weight at Stephens... Chico's (CHS) initiated with a Peer Perform at Wolfe Research... Children's Place (PLCE) initiated with an Outperform at Wolfe Research... Chimerix (CMRX) initiated with an Outperform at FBR Capital... Ciena (CIEN) initiated with a Market Perform at Northland... Crane (CR) initiated with an Outperform at William Blair... Entergy (ETR) initiated with a Neutral at Mizuho... Express (EXPR) initiated with an Outperform, Top Pick at Wolfe Research... Finisar (FNSR) initiated with a Market Perform at Northland... Francesca's (FRAN) initiated with a Peer Perform at Wolfe Research... Gap (GPS) initiated with an Underperform at Wolfe Research... Infinera (INFN) initiated with an Outperform at Northland... International Game (IGT) initiated with a Buy at Union Gaming... Juno Therapeutics (JUNO) initiated with an Outperform at FBR Capital... L Brands (LB) initiated with a Peer Perform at Wolfe Research... Luca Technologies (LUCA) initiated with an Outperform at Northland... Lumentum (LITE) initiated with an Outperform at Northland... M/A-COM (MTSI) reinstated with a Buy at Jefferies... MRV Communications (MRVC) initiated with an Outperform at Northland... Michael Kors (KORS) initiated with a Peer Perform at Wolfe Research... NN, Inc. (NNBR) initiated with a Buy at Stifel... NeoPhotonics (NPTN) initiated with an Outperform at Northland... Oclaro (OCLR) initiated with an Outperform at Northland... Scientific Games (SGMS) initiated with a Buy at Sterne Agee CRT... SolarCity (SCTY) initiated with a Neutral at UBS... Summit Materials (SUM) initiated with a Neutral at Citi... Tech Data (TECD) initiated with an Underperform at BofA/Merrill... Urban Outfitters (URBN) initiated with a Peer Perform at Wolfe Research... Zumiez (ZUMZ) initiated with an Underperform at Wolfe Research... lululemon (LULU) initiated with a Peer Perform at Wolfe Research.
09:18 EDTTYLTyler's EnerGov platform selected by Maui County, Hawaii
Tyler Technologies has signed an agreement with Maui County, Hawaii, for its EnerGov planning, regulatory and maintenance platform. The agreement includes software licenses, implementation, project management and support. As a modern permitting and land management platform, EnerGov will help the county automate permit submission, processing and workflows, as well as provide electronic plan reviews. As part of the MAPPS project, EnerGov will also deliver citizen self-service, reduce manual data entry, and give county staff mobile capabilities so they can work from the field.
06:39 EDTTECDTech Data initiated with an Underperform at BofA/Merrill
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August 17, 2015
11:13 EDTPRXLPAREXEL calls active on wide price movement
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11:01 EDTPRXLPAREXEL jumps 9% to $74.44 in morning trading
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