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Stock Market & Financial Investment News

News Breaks
July 18, 2014
10:03 EDTOLN, BURBY, AMH, RECN, ITVPF, BC, ESYJY, PLXS, CFX, ANDE, SASROn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Homes 4 Rent (AMH) upgraded to Strong Buy from Outperform at Raymond James... Andersons (ANDE) upgraded to Buy from Hold at BB&T... Brunswick (BC) upgraded at B. Riley... Burberry (BURBY) upgraded to Outperform from Neutral at Exane BNP Paribas... Colfax (CFX) upgraded at Stifel... ITV Plc (ITVPF) upgraded to Neutral from Sell at Citigroup... Olin Corp. (OLN) upgraded to Neutral from Underperform at Macquarie... Plexus (PLXS) upgraded to Buy from Neutral at Longbow... Resources Connection (RECN) upgraded to Outperform from Neutral at RW Baird... Sandy Spring Bancorp (SASR) upgraded at RW Baird... Seagate (STX) upgraded to Buy from Hold at Craig-Hallum... easyJet (ESYJY) upgraded to Outperform from Sector Perform at RBC Capital.
News For AMH;ANDE;BC;BURBY;CFX;ITVPF;OLN;PLXS;RECN;SASR;ESYJY From The Last 14 Days
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July 31, 2015
10:02 EDTBURBYOn The Fly: Analyst Initiation Summary
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05:23 EDTBURBYBurberry initiated with a Hold at Jefferies
Price target 1,500p.
July 30, 2015
18:06 EDTOLNOlin Corp. lowers FY15 adjusted EBITDA view to $330M-$360M
18:04 EDTOLNOlin Corp. sees Q3 EPS 5c-10c with items, may not compare to consensus 51c
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18:03 EDTOLNOlin Corp. reports Q2 cont ops EPS 54c, consensus 30c
Reports Q2 revenue $535.4M, consensus $553.75M.
07:52 EDTBCBrunswick backs FY15 adjusted EPS view of $2.75-$2.85, consensus $2.84
Backs FY15 annual sales growth view of 6%-8%, consensus $4.12B. Expects to generate positive free cash flow in the range of $180M-$200M.
07:50 EDTBCBrunswick reports Q2 adjusted EPS $1.05, consensus $1.02
Reports Q2 revenue $1.14B, consensus $1.15B.
July 28, 2015
10:07 EDTCFXHigh option volume stocks
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10:00 EDTCFXOn The Fly: Analyst Downgrade Summary
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08:39 EDTCFXColfax downgraded on guidance reduction, lack of catalysts at Argus
As noted earlier, Argus downgraded Colfax to Hold from Buy. The firm downgraded the stock after the company reduced its 2015 EPS guidance. Argus thinks the company lacks significant near-term catalysts.
07:31 EDTCFXColfax downgraded to Hold from Buy at Argus
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July 24, 2015
10:31 EDTCFXHigh option volume stocks
High option volume stocks: EPE CERS RHI DHT TERP UIS GFI CFX NTGR NNN
July 23, 2015
09:17 EDTOLNDow Chemical sees $5.6B value in Olin Corp. deal, including ethylene rights
Expects debt pension liability and share count to be down in the Olin deal. Dow sees adding $1.3B in cash with Olin transaction.
06:10 EDTCFXColfax reports Q2 gas- and fluid-handling orders down 15.4% to $502.3M
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06:10 EDTCFXColfax reports Q2 adjusted EPS 50c, consensus 48c
Reports Q2 revenue $1.03B, consensus $1.02B.
06:09 EDTCFXColfax names Matthew Trerotola CEO
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July 22, 2015
16:05 EDTPLXSPlexus sees Q4 EPS 64c-72c, consensus 76c
Sees Q4 revenue $650M-$680M, consensus $689.9M. CEO Dean Foate said, "Our fiscal third quarter results were consistent with our announcement of preliminary results on July 13th. While revenue of $670M set a new quarterly record for the company, our results were disappointing given the stronger expectations we had when we issued our initial guidance in April. Looking forward to next quarter, we expect continuing end-market weakness in our Networking/Communications sector to largely offset anticipated sequential growth in our other three market sectors. As a consequence, we are guiding fiscal fourth quarter 2015 revenue of $650M-$680M. Achieving the midpoint of our guidance would result in full year revenue growth just shy of our 12% enduring goal."
16:03 EDTPLXSPlexus reports Q3 EPS 69c, consensus 70c
Reports Q3 revenue $670M, consensus $672.28M.

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