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Stock Market & Financial Investment News

News Breaks
February 4, 2014
10:00 EDTAMCX, STRM, KIN, GASS, LGF, GLYC, ECHO, IMAX, BIN, LOCK, CJES, GWPH, SYMC, MSG, KFXOn 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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May 15, 2015
10:55 EDTLGFJANA Partners gives quarterly update on stakes
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08:45 EDTCJESC&J Energy price target raised to $18 from $14 at SunTrust
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07:26 EDTSYMCSymantec outlook still positive despite earnings miss, says JMP Securities
After Symantec reported lower than expected Q4 EPS, JMP Securities says that after adjusting for foreign currency fluctuations and a true-up of defined-benefit plans, the EPS would have beat expectations by 1c. The firm says the company's headline Q1 EPS guidance also missed expectations but would have beaten after adjusting for currency and an extra selling week in last year's Q1. The firm thinks that the company's profitability is improving ,and it keeps a $30 price target and Outperform rating on the shares.
May 14, 2015
19:02 EDTSYMCOn The Fly: After Hours Movers
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17:27 EDTSYMCSymantec 'on track' to separate Veritas as stand alone company on Jan. 2, 2016
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16:04 EDTSYMCSymantec sees Q1 adjusted operating margin 27%-28%
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16:03 EDTSYMCSymantec sees FY16 EPS $1.80-$1.90, consensus $1.90
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16:02 EDTSYMCSymantec sees Q1 EPS 41c-44c, consensus 45c
Sees Q1 revenue $1.5B-$1.54B, consensus $1.62B
16:01 EDTSYMCSymantec reports Q4 adjusted EPS 43c, consensus 44c
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15:08 EDTSYMCSymantec May volatility elevated on wide price movement
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15:01 EDTSYMCNotable companies reporting after market close
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10:31 EDTGLYCGlycoMimetics granted orphan drug designation for GMI-1271 for treatment of AML
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09:03 EDTGLYCGlycoMimetics receives orphan status for AML treatment
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08:21 EDTSYMCFinjan says patent suits ongoing with numerous cybersecurity companies
Finjan (FNJN) said it has an active Markman Hearing schedule with two Markman Hearings already concluded in favor of the company and two additional Markman Hearings to be held in Q2. The company has a two-week trial against Blue Coat set to commence on July 20. Finjan has patent infringement lawsuits against FireEye (FEYE), BlueCoat, Proofpoint (PFPT), Sophos, Symantec (SYMC), and Palo Alto Networks (PANW) relating to, collectively, more than 20 patents in the Finjan portfolio. Subsequent to the quarter end, Finjan entered into a negotiated license agreement with F-Secure Corporation, a company incorporated in Finland. The agreement provides for F-Secure to pay Finjan the sum of $1M in cash, to be paid in two installments, consisting of $700,000 which was received on April 22 and $300,000 on or before March 31, 2016. The agreement also provides for the assignment by F-Secure to Finjan of two patents, U.S. Patent Nos. 8,474,048 and 7,749,991.
08:04 EDTKFXKofax says U.S. state tax agency invests over $380,000 in TotalAgility
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07:31 EDTIMAXIMAX and Vue International announces two-theatre agreement in England
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May 13, 2015
07:22 EDTECHOBarrington to hold a conference
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07:16 EDTAMCXMoffett Nathanson to hold a summit
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07:10 EDTLGFB. Riley to hold a conference
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May 12, 2015
06:49 EDTKFXLexmark considered inversion transaction before deciding to buy Kofax, WSJ says
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