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Stock Market & Financial Investment News

News Breaks
June 30, 2014
09:57 EDTUTEK, RYAAY, NSC, DWA, CNI, YHOO, TRP, QTM, MILL, CSGP, AMED, WTSL, SVYZY, OAS, KLAC, CHTROn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Amedisys (AMED) upgraded to Hold from Sell at Deutsche Bank... Canadian National (CNI) upgraded to Overweight from Equal Weight at Barclays... Charter (CHTR) upgraded at Evercore... CoStar Group (CSGP) upgraded to Outperform from Market Perform at JMP Securities... DreamWorks Animation (DWA) upgraded to Neutral from Underweight at Piper Jaffray... KLA-Tencor (KLAC) upgraded at B. Riley... Miller Energy (MILL) upgraded to Buy from Neutral at SunTrust... Norfolk Southern (NSC) upgraded to Overweight from Equal Weight at Barclays... Oasis Petroleum (OAS) upgraded to Strong Buy from Outperform at Raymond James... Quantum (QTM) upgraded to Buy from Hold at Lake Street... Ryanair (RYAAY) upgraded to Neutral from Underperform at BofA/Merrill... Solvay (SVYZY) upgraded to Outperform from Neutral at Exane BNP Paribas... TransCanada (TRP) upgraded to Buy from Neutral at Citigroup... Ultratech (UTEK) upgraded at Noble Financial... Wet Seal (WTSL) upgraded to Neutral from Sell at B. Riley... Yahoo (YHOO) upgraded to Overweight from Neutral at Piper Jaffray.
News For AMED;CNI;CHTR;CSGP;DWA;KLAC;MILL;NSC;OAS;QTM;RYAAY;SVYZY;TRP;UTEK;WTSL;YHOO From The Last 14 Days
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July 17, 2015
07:41 EDTCHTRRovi ruling in Netflix suit may 'embolden' pay TV providers, says Stephens
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07:30 EDTCHTRCablevision downgraded to Hold from Buy at Jefferies
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July 16, 2015
17:56 EDTYHOOGoogle CBO says 'looking forward' to working with Yahoo
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16:22 EDTCHTRLone Pine Capital reports 5.7% passive stake in Charter
13:52 EDTKLACKLA-Tencor hits fresh 52-week low on Intel CapEx cut concerns
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13:43 EDTKLACSemi equipment stocks overreacting to Intel capex cut, says Summit Research
Summit Research said Intel (INTC) is pushing out its 10nm plans for multiple reasons and that TSMC (TSM) and Samsung (SSNLF) will not let a "once in a lifetime opportunity" pass and will speed up their own spending. The firm believes the pullback in semiconductor equipment stocks, particularly Applied Materials (AMAT), KLA-Tencor (KLAC) and Lam Research (LRCX), on Intel's capex guidance cut is somewhat of an overreaction and recommends buying amid the weakness.
13:11 EDTKLACSemiconductor equipment stocks fall after Intel cuts CapEx view
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11:01 EDTYHOOYahoo announces Mobile Developer Conference in NYC on August 26
Yahoo! announced that the Yahoo Mobile Developer Conference is headed to the East Coast on August 26 at the Marriott Marquis in New York City. At the New York City Mobile Developer Conference, Yahoo will unveil updates to its Yahoo Mobile Developer Suite.
10:00 EDTNSC, CNIOn The Fly: Analyst Downgrade Summary
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09:55 EDTCHTRRovi trial loss immaterial to estimates, says Piper Jaffray
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09:02 EDTQTMQuantum reports Q1 preliminary revenue $111M, consensus $128.39M
Quantum's scale-out storage and related service revenue grew year-over-year by approximately $10M, or 54%, and royalty revenue increased approximately $1M. However, this growth was offset by product and related service revenue declines of approximately $15M in branded tape automation, $7M in branded devices and media and $6M in OEM tape sales. DXi product and related service revenue was roughly flat year-over-year. Quantum believes the lower-than-expected total revenue was largely due to overall weakness in the general-purpose storage market, as also indicated by other companies' announcements over the last two weeks
06:00 EDTDWADreamWorks target raised on improving fundamentals at Piper Jaffray
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05:42 EDTNSCNorfolk Southern downgraded to Equal Weight from Overweight at Barclays
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05:41 EDTCNICanadian National downgraded to Equal Weight from Overweight at Barclays
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July 15, 2015
16:59 EDTCHTRNetflix submits letter to FCC in support of Charter-Time Warner Cable deal
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14:22 EDTYHOOYahoo July weekly volatility increases into Q2 and outlook
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13:03 EDTYHOOGannett names Kevin Gentzel chief revenue officer
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11:35 EDTCHTRNetflix to support Charter's acquisition of Time Warner Cable, Bloomberg says
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08:19 EDTCNI, NSCCSX quarter likely to be 'least bad' one in rail space, says Stephens
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07:30 EDTYHOOYahoo price target lowered to $50 from $59 at SunTrust
SunTrust cut its price target on Yahoo, as the firm says that some investors are starting to evaluate the company based on the performance of its core business. Three years into CEO Marissa Mayer's tenure, SunTrust says her results are "mixed," and gives her a grade of C. SunTrust says the company has had its share of accomplishments in the last three years but still faces many core challenges. It thinks the company's Q2 revenue could miss expectations but keeps a Buy rating based on valuation.
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