New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 19, 2014
10:17 EDTAMC, SUSS, TLM, PPG, RPM, VAL, SHW, AGU, TPX, SCSS, SU, RKUS, CTIC, CVE, CGEN, ECA, EPGNY, HPTX, ITT, IMO, MERU, BOFIOn The Fly: Analyst Initiation Summary
AMC Entertainment (AMC) initiated with an Equal Weight at Barclays... Canadian Natural (CNQ) initiated with an Outperformer at CIBC... Cell Therapeutics (CTIC) initiated with a Hold at WallachBeth... Cenovus Energy (CVE) initiated with a Sector Performer at CIBC... Compugen (CGEN) initiated with a Buy at Jefferies... Encana (ECA) initiated with a Sector Performer at CIBC... Epigenomics (EPGNY) initiated with a Buy at Maxim... Hyperion Therapeutics (HPTX) initiated with a Buy at Cantor... ITT Corp. (ITT) initiated with a Buy at SunTrust... Imperial Oil (IMO) initiated with a Sector Performer at CIBC... Mattress Firm (MFRM) initiated with a Buy at Jefferies... Meru Networks (MERU) initiated with a Buy at Mizuho... Ruckus Wireless (RKUS) initiated with a Buy at Mizuho... Suncor (SU) initiated with an Outperformer at CIBC... Susser Holdings (SUSS) initiated with a Hold at Jefferies... Talisman Energy (TLM) initiated with an Underperformer at CIBC... PPG Industries (PPG) coverage assumed with an Equal Weight at Morgan Stanley... RPM (RPM) coverage assumed with an Overweight at Morgan Stanley... Valspar (VAL) coverage assumed with an Underweight at Morgan Stanley... Sherwin-Williams (SHW) coverage assumed with an Overweight at Morgan Stanley... Agrium (AGU) coverage resumed with an Equal Weight at Morgan Stanley... Canadian Natural (CNQ) initiated with an Overweight at Morgan Stanley... Tempur Sealy (TPX) initiated with a Neutral at Nomura... Select Comfort (SCSS) initiated with a Neutral at Nomura... Mattress Firm (MFRM) initiated with a Buy at Nomura... Bofi Holding (BOFI) initiated with a Neutral at Sterne Agee.
News For AMC;CTIC;CVE;CGEN;ECA;EPGNY;HPTX;ITT;IMO;MERU;RKUS;SU;SUSS;TLM;PPG;RPM;VAL;SHW;AGU;TPX;SCSS;BOFI From The Last 14 Days
Check below for free stories on AMC;CTIC;CVE;CGEN;ECA;EPGNY;HPTX;ITT;IMO;MERU;RKUS;SU;SUSS;TLM;PPG;RPM;VAL;SHW;AGU;TPX;SCSS;BOFI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
July 17, 2014
08:14 EDTPPGPPG remains 'highly focused' on deploying 'strong' cash position
Subscribe for More Information
08:13 EDTPPGPPG reports Q2 adjusted EPS from cont. ops $2.83, consensus $2.77
Subscribe for More Information
07:05 EDTSHWSherwin-Williams reports Q2 Paint Stores Group sales up 17.2% to $1.88B
Subscribe for More Information
07:04 EDTSHWSherwin-Williams raises FY14 EPS to $8.50-$8.70, consensus $8.49
Sees FY14 net sales growth 8%-13%, consensus $11.13B; This annual guidance includes our expectation that the Comex acquisition will increase net sales by a low single digit percentage in the year and negatively impact diluted net income per common share $.35 per share in 2014.
07:03 EDTSHWSherwin-Williams sees Q3 EPS $3.15-$3.25, consensus $3.06
Subscribe for More Information
07:03 EDTSHWSherwin-Williams reports Q2 EPS $2.94, consensus $2.93
Subscribe for More Information
July 16, 2014
18:26 EDTSCSSOn The Fly: After Hours Movers
Subscribe for More Information
16:50 EDTSCSSSelect Comfort rallies strongly after earnings and guidance
Subscribe for More Information
16:04 EDTSCSSSelect Comfort backs 2014 EPS view $1.07, consensus $1.10
Subscribe for More Information
16:03 EDTSCSSSelect Comfort reports Q2 EPS 16c, consensus 14c
Subscribe for More Information
09:13 EDTAGUCleveland Research sees risk to Agrium 2H and FY15 Street estimates
Subscribe for More Information
July 15, 2014
17:49 EDTSUSSSusser Holdings sees 4% sales growth for the Q2 vs. 2.2% a year ago
Subscribe for More Information
09:02 EDTTPXTempur Sealy announces agreement with the PGA TOUR
Subscribe for More Information
08:10 EDTBOFIBofI Holding management to meet with Oppenheimer
Meeting to be held in London on July 15 hosted by Oppenheimer.
July 14, 2014
14:43 EDTSHWSherwin-Williams downgraded earlier to Peer Perform from Outperform at Wolfe
Subscribe for More Information
12:39 EDTCGENCompugen jumps after announcing newly discovered proteins
Compugen (CGEN) is rallying after the company announced earlier today that it has extended discovery capabilities to additional immunomodulatory proteins. WHAT'S NOTABLE: Compugen announced the extension of its predictive discovery capability to identify immunomodulatory proteins in addition to the B7/CD28-like proteins that have been the focus of the company’s pipeline program to date. The initial utilization of this extended capability resulted in the discovery of four novel immunomodulatory proteins predicted to act as immune checkpoints. The newly discovered proteins have been added to the company’s pipeline program as potential targets for cancer immunotherapy. Dr. Cohen-Dayag, CEO of Compugen, noted "We are of course very proud that in less than four years, we have established a growing position in this field, including a substantial early-stage pipeline of therapeutic product candidates for both oncology and immunology, based largely on our B7/CD28-like protein candidate discoveries. With today’s announcement, we are further broadening our early-stage pipeline with additional immunomodulatory opportunities and again demonstrating the power and flexibility of our predictive discovery capabilities." PRICE ACTION: In afternoon trading, Compugen 's stock rallied 51c, or almost 6%, to $9.39.
July 11, 2014
16:22 EDTRKUSOn The Fly: Closing Wrap
Stocks on Wall Street were higher today, but were still lower for the week, as concerns in Europe have come back to the forefront of investors' minds. Today's modest bounce was not enough to make up for the declines seen in three of the other four sessions earlier in the week. ECONOMIC EVENTS: In the U.S., the June federal budget statement showed a surplus of $70.5B for the month, compared to analysts' forecast for a $79B surplus. COMPANY NEWS: Shares of Wells Fargo (WFC) slipped 32c, or 0.62%, to $51.49 after the largest mortgage lender in the U.S. posted earnings of $1.01 a share that matched analysts' consensus forecast. Wells did note that its credit performance continued to improve in Q2 and CEO John Stumpf said he is "optimistic about the future" for the bank... Lorillard (LO) advanced $2.92, or 4.63%, to $66.01, while Reynolds American fell 51c, or 0.82%, to $61.75, after the two cigarette makers confirmed that they are holding talks about a possible merger, as has been speculated by various media reports in recent weeks... In another update to an ongoing M&A story, Japan's Nikkei reported that Sprint's (S) corporate parent, Softbank (SFTBF), has reached an agreement to acquire T-Mobile (TMUS) from Deutsche Telecom (DTEGY), clearing the way for the long-speculated merger between the third and fourth largest wireless carriers in the U.S. Following the new story, Sprint shares finished the day up 30c, or 3.64%, to $8.55, while T-Mobile rose 62c, or 1.89%, to $33.50. MAJOR MOVERS: Among the notable gainers was Ruckus Wireless (RKUS), which advanced 87c, or 7.9%, to $11.88 after the FCC announced that it would allocate new funds to subsidize the launch of WiFi networks in schools and libraries. Also higher was Amazon.com (AMZN), which climbed $18.28, or 5.57%, to $346.20 after consulting firm ChannelAdvisor (ECOM) reported that the company's same-store sales growth had accelerated significantly in June compared with May. Among the noteworthy losers was Rent-A-Center (RCII), which dropped $3.18, or 10.94%, to $25.88 after the company warned that its revenue and earnings for Q2 will not meet expectations. Also lower were shares of industrial and construction supply retailer Fastenal (FAST), which fell $2.00, or 4.16%, to $46.15 after its Q2 revenue missed analysts' consensus view and the company reported plans to close 45 stores. INDEXES: The Dow was up 28.74, or 0.17%, to 16,943.81, the Nasdaq was up 19.29, or 0.44%, to 4,415.49, and the S&P 500 was up 2.83, or 0.14%, to 1,967.51.
14:15 EDTRKUSRuckus, Aruba advance after FCC approves new school WiFi program
Shares of Ruckus Wireless (RKUS) and Aruba Networks (ARUN) are rising after the FCC announced that it would allocate new funds to subsidize the launch of WiFi networks in schools and libraries. Ruckus and Aruba provide products used for WiFi networks. WHAT'S NEW: The FCC said it would allocate $2B over the next two years to subsidize the launch of WiFi connections at schools and libraries. For the following three years, the agency said it would look to spend $1B annually on the project. The FCC said the funds would be "distributed fairly to all schools and libraries while recognizing the needs of the nation’s rural and poorest school districts." PRICE ACTION: In mid-afternoon trading, Ruckus surged 5.5% to $11.62 and Aruba advanced 4.6% to $17.04.
13:17 EDTRKUSFCC approves $2B fund for school Wi-Fi, Re/code reports
The Federal Communications Commission voted to approve a plan whereby schools will soon be able to apply for grants from a $2B fund to help pay for Wi-Fi networks, reported Re/code. Shares of Ruckus Wireless (RKUS), a provider of Wi-Fi solutions, are up nearly 5% in afternoon trading following the FCC vote. Reference Link
July 10, 2014
12:59 EDTECAChesapeake up against bid-rigging case, Reuters says
Subscribe for More Information
1 | 2 | 3 | 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