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Stock Market & Financial Investment News

News Breaks
November 14, 2013
10:00 EDTCAE, PENN, NTES, CSCO, ICEL, LULU, VIV, HTGC, AMG, PLAB, WHF, PNC, FIGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Affiliated Managers (AMG) downgraded to Neutral from Buy at Goldman... Cisco (CSCO) downgraded to Hold from Buy at Deutsche Bank... Fortress (FIG) downgraded to Neutral from Buy at Goldman... Hercules Technology (HTGC) downgraded to Hold from Buy at Wunderlich... NetEase.com (NTES) downgraded to Hold from Buy at Deutsche Bank... PNC Financial (PNC) downgraded to Perform from Outperform at Oppenheimer... Penn National (PENN) downgraded to Neutral from Overweight at JPMorgan... Telefonica Brasil (VIV) downgraded to Neutral from Buy at Goldman... WhiteHorse Finance (WHF) downgraded to Neutral from Outperform at RW Baird... lululemon (LULU) downgraded to Underperform from Neutral at Sterne Agee... CAE (CAE) downgraded to Hold from Buy at TD Securities... Phototronics (PLAB) downgraded at Needham... NetEase.com (NTES) downgraded to Underweight from Overweight at HSBC... lululemon (LULU) downgraded at Sterne Agee... Celluar Dynamics (ICEL) downgraded to Market Perform from Outperform at Leerink.
News For AMG;CSCO;FIG;HTGC;NTES;PNC;VIV;PENN;WHF;LULU;CAE;PLAB;ICEL From The Last 14 Days
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December 9, 2014
08:41 EDTPLABPhototronics management sees 'strong' FY15
Management stated that they expect "strong performance" in FY15. Expects FY15 EBITDA to grow. Management sees top, bottom-line improvements in FY15. Comments provided during Q4 earnings conference call.
08:38 EDTPLABPhototronics sees Q1 EPS 2c-7c, consensus 9c
Sees Q1 revenue $121M-$126M, consensus $124.07M. Guidance provided in Q4 earnings presentation slides.
08:19 EDTCSCOCisco outlook has improved, says RBC Capital
RBC Capital believes that Cisco's negative catalysts are diminishing. The firm thinks the stock is being boosted by its successful efforts to keep its gross margin at or above the 61%-62% range, as well as a rebound in its switching business. RBC recommends buying the stock on dips and keeps a $29 price target and Outperform rating on the name.
07:44 EDTLULULululemon Athletica volatility elevated into Q3 and outlook
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07:41 EDTCSCOBarclays to hold a conference
Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 9 at 10:40 am; not all company presentations may be webcasted. Webcast Link
07:30 EDTLULUWells Fargo sees fewer distractions for lululemon, upgrades shares
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07:09 EDTLULUlululemon's Q3 results could mark an inflection point, says Barclays
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06:39 EDTCSCOCisco initiated with an Outperform at Wedbush
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05:41 EDTLULUlululemon upgraded to Outperform from Market Perform at Wells Fargo
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December 8, 2014
16:44 EDTPLABPhototronics reports Q4 EPS 7c, consensus 9c
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16:04 EDTPNCPNC Financial announces executive appointments
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15:19 EDTPLABNotable companies reporting after market close
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12:40 EDTCSCOUS Supreme Court to hear appeal in patent fight with Cisco
The U.S. Supreme Court has agreed to hear an appeal of a controversial appeals court decision that set aside a $63.8M patent infringement verdict won by The Woodlands, Texas-based Commil USA LLC against Cisco
10:47 EDTPENNPenn National management to meet with Wells Fargo
Dinner Meeting with Management to be held in New York on December 11 hosted by Wells Fargo.
08:40 EDTCSCODeutsche Bank and Cisco to host a conference call
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08:02 EDTCSCOAruba says NHS replaces Cisco network with Aruba wireless infrastructure
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07:49 EDTCSCOArista Networks lawsuit not as threatening as believed, says SunTrust
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07:32 EDTCSCORaymond James to hold a conference
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07:03 EDTCSCOArista Networks patent resolution likely 2-3 years away, says Citigroup
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06:12 EDTLULUStocks with implied volatility above IV index mean; LULU ACHN
Stocks with implied volatility above IV index mean; lululemon (LULU) 53, Achillion (ACHN) 216 according to iVolatility.
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