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Stock Market & Financial Investment News

News Breaks
January 15, 2014
09:08 EDTGFF, ENTG, TAX, ROG, FXCM, CCMP, EXAR, IVC, EVRY, ASCMA, ALOGCJS Securities to hold a conference
14th Annual New Ideas for the New Year Conference is being held in New York on January 15.
News For ALOG;EXAR;TAX;ASCMA;CCMP;ENTG;EVRY;FXCM;GFF;IVC;ROG From The Last 14 Days
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February 11, 2016
10:01 EDTCCMPOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ARM Holdings (ARMH) downgraded to Underperform from Market Perform at Bernstein... Apollo Investment (AINV) downgraded to Market Perform from Outperform at JMP Securities... Cabot Microelectronics (CCMP) downgraded to Neutral from Buy at Citi... Caesarstone (CSTE) downgraded to Equal Weight from Overweight at Barclays... Capital One (COF) downgraded to Neutral from Buy at BofA/Merrill... Discover (DFS) downgraded to Neutral on potential US slow-down at BofA/Merrill... Douglas Emmett (DEI) downgraded at Stifel... E.ON AG (EONGY) downgraded to Sell from Hold at Berenberg... Flowers Foods (FLO) downgraded on disappointing results at SunTrust... HCP (HCP) downgraded at Stifel... International Flavors (IFF) downgraded to Hold from Buy at Deutsche Bank... LinnCo (LNCO) downgraded to Sell from Hold at Stifel... LivePerson (LPSN) downgraded to Neutral from Buy at Roth Capital... MasterCard (MA) downgraded to Neutral from Buy at BofA/Merrill... Matrix Service (MTRX) downgraded to Sector Weight from Overweight at KeyBanc... Prospect Capital (PSEC) downgraded to Underperform at Raymond James... RWE AG (RWEOY) downgraded to Sell from Hold at Berenberg... Regions Financial (RF) downgraded to Equal Weight from Overweight at Morgan Stanley... Rush Enterprises (RUSHA) downgraded to Market Perform at Raymond James... Smith & Nephew (SNN) downgraded to Neutral at UBS... SolarCity (SCTY) downgraded to Equal Weight from Overweight at Barclays... Sotheby's (BID) downgraded on weak art market at Stifel... SunEdison Semiconductor (SEMI) downgraded to Sell from Neutral at Citi... Sunrun (RUN) downgraded to Equal Weight from Overweight at Barclays... Synovus (SNV) downgraded to Underweight from Equal Weight at Morgan Stanley... Tenaris (TS) downgraded to Underweight from Neutral at JPMorgan... Twitter (TWTR) downgraded to Hold from Buy at Topeka... Visa (V) downgraded to Neutral on possible US slow-down at BofA/Merrill... W.P. Carey (WPC) downgraded to Equalweight from Overweight at Capital One... Wendy's (WEN) downgraded to Neutral from Overweight at JPMorgan.
06:43 EDTCCMPCabot Microelectronics downgraded to Neutral from Buy at Citi
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06:33 EDTIVCInvacare reports Q4 EPS (6c), consensus (16c)
Reports Q4 revenue $283.27M, consensus $284.83M. Constant currency net sales, excluding the divested rentals businesses, decreased 1.7% for the quarter year-over-year. Reported net sales from continuing operations decreased 11.0%.
February 9, 2016
07:15 EDTENTGEntegris authorizes repurchase of up to $100M of common stock
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07:14 EDTENTGEntegris sees Q1 EPS 13c-17c, consensus 17c
Sees Q1 revenue $250M-$265M, consensus $254.67M.
07:13 EDTENTGEntegris reports Q4 EPS 20c, consensus 16c
Reports Q4 revenue $266.8M, consensus $233.86M.
February 8, 2016
13:23 EDTTAXPembroke Management reports 5.25% passive stake in Liberty Tax
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February 5, 2016
17:18 EDTTAXLiberty Tax responds to Maryland investigation
Liberty Tax announced its response to announcements by the Comptroller of Maryland over the last several days that the state has suspended accepting electronically filed Maryland state returns from a limited number of Liberty Tax offices, pending a review of returns by the state. A total of 23 offices are affected by the suspension. Liberty Tax has 102 active offices in the state, almost all of which are operated by independent franchisees. Maryland has advised Liberty Tax that the suspended offices may continue to file state tax returns on paper, which will be reviewed by the state before processing. The suspension does not affect federal return filing in the offices. "Liberty Tax has a robust compliance program, and we expect our franchisees to make sure that their offices comply with all federal and state tax requirements," noted Jim Wheaton, who is Liberty Tax's Chief Compliance Officer. "Since we learned of Maryland's concerns late last week, we have cooperated with the state, and immediately began significant efforts to look at the offices identified by the state. We are in the midst of our own investigation of the offices involved, and will continue to conduct that investigation aggressively, and support the state's review, until all questions are resolved," said Wheaton. John Hewitt, President, CEO and Founder of Liberty Tax, observed that, "There is no place in the Liberty Tax system for franchisees or preparers who commit fraud or who take other shortcuts. We created a separate compliance group, and named a Chief Compliance Officer last year, in order to be able to respond quickly to compliance concerns. I have asked that group to determine whether Maryland's concerns about a handful of offices are justified, and to determine what additional actions we may need to take, irrespective of the state's review." Hewitt commented that franchisees have been reminded of the importance of maintaining the integrity of the Liberty Tax brand, and of consequences, including franchise termination and reporting to tax authorities, that the company will exercise against franchisees that commit or permit the commission of inappropriate behavior.
February 3, 2016
16:27 EDTEXARExar sees Q4 adjusted EPS 8c-10c, consensus 9c
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16:26 EDTEXARExar reports Q3 EPS 7c, consensus 7c
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February 1, 2016
08:32 EDTALOGAnalogic launches ultrasound telehealth services with Oncura Partners
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