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Stock Market & Financial Investment News

News Breaks
February 4, 2014
10:00 EDTAMCX, ECHO, GWPH, KIN, IMAX, SYMC, GASS, BIN, MSG, LGF, LOCK, KFX, GLYC, CJES, STRMOn The Fly: Analyst Initiation Summary
AMC Networks (AMCX) initiated with a Buy at Topeka... C&J Energy (CJES) initiated with a Buy at Jefferies... GlycoMimetics (GLYC) initiated with a Buy at Stifel... Kofax (KFX) initiated with a Buy at Craig-Hallum... LifeLock (LOCK) initiated with a Buy at Sterne Agee... Lionsgate (LGF) initiated with a Buy at Topeka... Madison Square Garden (MSG) initiated with a Buy at Topeka... Progressive Waste (BIN) initiated with an Underperform at Macquarie... StealthGas (GASS) initiated with an Overweight at Barclays... Symantec (SYMC) initiated with a Neutral at Sterne Agee... IMAX (IMAX) initiated with a Buy at CRT Capital... Kindred Biosciences (KIN) initiated with a Buy at Roth Capital... GW Pharmaceuticals (GWPH) initiated with an Outperform at Leerink... Echo Global (ECHO) initiated with a Hold at BB&T... Streamline Health (STRM) initiated with a Buy at Lake Street.
News For AMCX;CJES;GLYC;KFX;LOCK;LGF;MSG;BIN;GASS;SYMC;IMAX;KIN;GWPH;ECHO;STRM From The Last 14 Days
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July 21, 2014
18:07 EDTIMAXIMAX adds 19 theaters throughout China with Shanghai Film Corp
IMAX announced an agreement with Shanghai Film Corporation and its subsidiaries for 19 IMAX theaters to be located in new construction projects throughout China. Nearly all of the 19 sites, which will be sales agreements, have been identified, with a significant number scheduled for installation before the end of 2015.
11:04 EDTMSGMadison Square Garden downgraded to Neutral at Macquarie (pre-open)
Pre-open, Macquarie downgraded Madison Square Garden to Neutral from Outperform citing valuation. Price target is $61.
10:02 EDTIMAXOn The Fly: Analyst Upgrade Summary
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09:46 EDTGLYCGlycoMimetics management to meet with Jefferies
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07:43 EDTIMAXIMAX upgraded to Buy from Hold at Stifel
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July 18, 2014
12:21 EDTAMCXCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
July 17, 2014
09:08 EDTGASSStealthGas announces new vessel acquisitions, cancellations
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05:46 EDTKFXKofax announces $3.5M investment by Fortune 1000 company
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July 16, 2014
11:45 EDTAMCXMedia stocks rally after Time Warner rejects Fox bid
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10:00 EDTIMAXOn The Fly: Analyst Downgrade Summary
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09:17 EDTLGFLionsgate extends long-term agreement with Australia's Roadshow Films
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05:52 EDTSYMCSymantec assumed with a Neutral at Goldman
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05:48 EDTLOCKLifeLock assumed with a Neutral at Goldman
Price target raised to $15 from $12.50.
05:41 EDTKFXKofax receives four patents in U.S., one patent in Japan
Kofax reported it was issued a patent by the Japan Patent Office, or JPO, and four new patents by the United States Patent and Trademark Office, or USPTO, in the first half of calendar year 2014. The company now has 46 issued patents and 76 pending applications, with 68 of the total relating to mobile imaging technologies. Patent 5,426,286 from JPO, issued January, covers technology for determining document validity, including those captured via mobile devices. Patent 8,749,839 issued by the USPTO in June expands Kofax’s VirtualReScan image perfection technology to images captured via mobile devices, and patent 8,677,249 issued by the USPTO in March covers technology for providing a user interface for structured and unstructured document inspection and manipulation, including those captured via mobile devices. Patents 8,693,043 and 8,719,197 issued by the USPTO in April and May, respectively, cover technologies for automatic document separation and document classification via machine learning that are currently utilized within Kofax software.
05:36 EDTIMAXIMAX downgraded to Neutral from Overweight at Piper Jaffray
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July 15, 2014
10:38 EDTLGFLionsgate rises after announcing collaboration with Alibaba
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09:31 EDTSYMCSenate Judiciary Committee to hold a hearing
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09:21 EDTLGFOn The Fly: Pre-market Movers
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09:02 EDTLGFLionsgate deal with Alibaba positive for shares, says Piper Jaffray
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05:28 EDTLGFLionsgate, Alibaba form strategic collaboration
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