New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 28, 2013
19:19 EDTOVTI, ISRG, DECK, YOKU, ACAC, CRM, AT, GRPN, ALSKOn The Fly: After Hours Movers
UP AFTER EARNINGS: Alaska Communications (ALSK), up 13.3%... Salesforce.com (CRM), up 4.7%... Decker's Outdoors (DECK), up 7%... ALSO HIGHER: Groupon (GRPN), up 4% after the company announced CEO Andrew Mason would be stepping down... Anacor Pharmaceuticals (ANAC), up 3.7% after announcing positive results from a phase 3 trial of its nail treatment tavaborole... Intuitive Surgical (ISRG), up 3.5% after shares lost more than 11% intraday, with most of this loss coming in the final moments of trading before the bell, following a Bloomberg report that said the company's robots were the subject of a safety probe by U.S. regulators... DOWN AFTER EARNINGS: Atlantic Power (AT), down 12.7% after earnings and cutting its dividend... Youku Tudou (YOKU), down 11.7%... OmniVision (OVTI), down 9.8% after earnings that beat estimates, but guidance that fell short of consensus estimates.
News For ALSK;CRM;DECK;GRPN;ACAC;ISRG;AT;YOKU;OVTI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
May 18, 2015
05:53 EDTYOKUStocks with implied volatility movement; YOKU BBBY
Subscribe for More Information
May 15, 2015
10:29 EDTISRGAmerican Urological Association to hold an annual meeting
Subscribe for More Information
09:53 EDTYOKUGeoInvesting says short Youku Tudou for a trade
Subscribe for More Information
07:02 EDTYOKUYouku Tudou volatility elevated into Q1 and outlook
Subscribe for More Information
05:50 EDTYOKUStocks with implied volatility movement; YOKU RIG
Subscribe for More Information
May 14, 2015
13:28 EDTYOKUIncreasing equity options volume
Increasing equity options volume: FCX UPS KSS CHK CSCO AVP YOKU CALM KORS
08:21 EDTCRMSalesforce price target raised to $87 from $78 at Goldman
Subscribe for More Information
06:21 EDTCRMSalesforce implied volatility of 57 at upper end of index
Subscribe for More Information
May 12, 2015
16:33 EDTCRMSalesforce, Sage announce strategic partnership, new small business platform
Subscribe for More Information
11:38 EDTCRMLivePerson sinks to 52-week low after cutting fiscal 2015 outlook
Shares of LivePerson (LPSN), a provider of cloud-based digital engagement solutions, are sinking after the firm lowered its outlook for fiscal 2015. WHAT'S NEW: LivePerson yesterday reported first quarter adjusted earnings per share of 4c, in line with analysts' consensus estimates, on revenue of $59.8M, slightly below analysts' consensus estimates of $60.79M. LivePerson said it signed 147 deals in the quarter, including the addition of 30 new customers. Looking ahead to the second quarter, LivePerson forecast adjusted EPS of 0c-2c and revenue of $58.5M-$59.5M, well below the analysts' consensus estimates of 6c and $63.88M, respectively. WHAT'S NOTABLE: The company lowered its fiscal year 2015 adjusted EPS view to 10c-15c from 27c-32c, significantly trailing analysts' consensus estimates of 28c. LivePerson also cut its FY15 revenue outlook to $243M-$247M from $263M-$269M, also well below analysts' estimates of $264.36M. The company reduced reduced FY15 revenue guidance by $21M when comparing the midpoint of its updated guidance range to the midpoint of its previous guidance range. The adjustment reflects the impact of one large customer contract that ended, an increase in foreign exchange headwinds and a slightly slower start to the year than expected as the company intensified its focus on bringing LiveEngage to the market, the company said. LivePerson said it expects to record a $2.5M charge in Q2 related to cost-cutting move, which it described as "reprioritizing on areas showing the highest potential growth." The company believes its cost-savings initiatives will generate approximately $13M of expense savings in 2015. ANALYST REACTION: Credit Suisse this morning downgraded LivePerson to Neutral from Outperform and lowered its price target to $8 from $19. The firm said LivePerson was "forced" to lower revenue guidance for FY15 primarily due to the loss of AT&T (T) as a pay-for-performance chat customer, as well as from a slow sales start and FX. The firm said the ability of LivePerson to transition its large customer base to LiveEngage 2.0 will take longer than previously estimated. PRICE ACTION: In late morning trading, LivePerson fell $1.16, or 12.26%, to $8.30 on more than five times its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week low of $8.10. Including today's pull back, the shares have lost approximately 15% over the past 12 months. OTHERS TO WATCH: Other companies offering cloud-based digital engagement solutions include eGain (EGAN), down 1.2%, Zendesk (ZEN), down 4.05%, and Salesforce.com (CRM), up 0.2%.
10:01 EDTISRGOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:02 EDTCRMSalesforce implied volatility of 64 at upper end of index
05:34 EDTISRGIntuitive Surgical initiated with a Neutral at Piper Jaffray
Piper Jaffray analyst Matt O'Brien started shares of Intuitive Surgical with a Neutral rating and $505 price target. O'Brien calls the stock "simply too expensive" relative to expected sales and earnings, but admits Intuitive's robotic surgical technology will likely dominate the market in the coming years. Further, the analyst thinks the company's da Vinci Prostatectomy and da Vinci Hysterectomy procedures could contract amid new diagnostic tests and insurance pushback. The stock closed yesterday up $2.05 to $496.37.
May 11, 2015
10:17 EDTGRPNOptions with decreasing implied volatility
Subscribe for More Information
10:03 EDTCRMSalesforce to hold a press event
Subscribe for More Information
10:00 EDTCRMSalesforce to hold a meeting
Subscribe for More Information
09:59 EDTATOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:51 EDTATAtlantic Power downgraded to Underperform from Sector Perform at RBC Capital
07:06 EDTCRMSalesforce removed from Best Ideas List at Morgan Stanley
Morgan Stanley removed Salesforce.com from the Best Ideas List and maintained its Buy ratting and $80 price target. The firm said Salesforce.com's secular growth and margin expansion remain in place but shares are trading on an acquisition premium and risk/reward is balanced near-term. The firm views an acquisition as unlikely and said the sheer size would make it extremely complicated, with few bidders.
06:04 EDTCRMSalesforce removed from Best Ideas List at Morgan Stanley
Morgan Stanley removed Salesforce from its Best Ideas list saying the near-term risk/reward is more balanced with shares trading at an "acquisition premium." The firm keeps an Overweight rating on the name with an $80 price target.
1 | 2 | 3 | 4 | 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