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Stock Market & Financial Investment News

News Breaks
April 2, 2014
10:00 EDTPTRY, FTNT, CMA, APOL, ISRG, WOR, PAG, DOV, CTSH, AMP, ILMN, VEEV, LPI, DSW, AJG, NSRGY, TCBOn The Fly: Analyst Upgrade Summary
Actuant (ATU) upgraded to Buy from Neutral at SunTrust... Ameriprise (AMP) upgraded to Overweight from Equal Weight at Morgan Stanley... Apollo Education (APOL) upgraded to Outperform from Market Perform at Wells Fargo... Arthur J. Gallagher (AJG) upgraded to Buy from Neutral at Compass Point... Cognizant (CTSH) upgraded to Buy from Neutral at UBS... Comerica (CMA) upgraded to Market Perform from Underperform at Wells Fargo... DSW (DSW) upgraded to Hold from Sell at Brean Capital... Dover (DOV) upgraded to Outperform from Neutral at Credit Suisse... Fortinet (FTNT) upgraded to Outperform from Market Perform at Wells Fargo... Laredo Petroleum (LPI) upgraded to Buy from Neutral at SunTrust... Penske Automotive (PAG) upgraded to Buy from Neutral at Sterne Agee... The Pantry (PTRY) upgraded to Buy from Hold at Benchmark Co... Veeva (VEEV) upgraded to Overweight from Equal Weight at Morgan Stanley... Worthington (WOR) upgraded to Buy from Hold at KeyBanc... TCF Financial (TCB) upgraded to Buy from Hold at Sandler O'Neill... Illumina (ILMN) upgraded at Macquarie... Intuitive Surgical (ISRG) upgraded to Outperform, price target $700 at JMP Securities... Carter's (CRI) upgraded to Overweight from Neutral at Piper Jaffray... Nestle (NSRGY) upgraded to Outperform from Market Perform at Bernstein.
News For AMP;APOL;AJG;CTSH;CMA;DSW;DOV;FTNT;LPI;PAG;PTRY;VEEV;WOR;TCB;ILMN;ISRG;NSRGY From The Last 14 Days
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March 20, 2015
09:05 EDTCTSHJefferies Euro offshore IT services analyst has analyst/industry conference call
Analysts discusses the market growth in Ofshore IT Services in Continental Europe which is expected to outpace project growth in the U.S., with Cognizant Technology Solutions/EPAM Systems best positioned and IBM/Hewlett Packard disadvantaged on an Analyst/Industry conference call to be held on March 20 at 10 am.
08:28 EDTNSRGYNestle positive attributes underappreciated, says RBC Capital
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March 19, 2015
10:02 EDTVEEVOn The Fly: Analyst Initiation Summary
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06:20 EDTVEEVVeeva initiated with a Buy at Evercore ISI
Target $32.
March 18, 2015
08:33 EDTILMNTrovagene appoints Matthew Posard as Chief Commercial Officer
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08:08 EDTFTNTFortinet price target raised to $39 from $35 at Oppenheimer
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March 17, 2015
15:40 EDTPTRYGabelli liquidates 6.34% stake in The Pantry
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09:25 EDTDSWOn The Fly: Pre-market Movers
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07:53 EDTCTSHMatson American Eagle Jack Henry named triple play at Oppenheimer
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07:07 EDTVEEVVeeva says selected by GlaxoSmithKline for multichannel CRM
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07:06 EDTVEEVVeeva selected by GSK as global multichannel CRM partner
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07:03 EDTDSWDSW sees FY15 EPS $1.80-$1.90, consensus $1.90
Sees FY15 revenue growth of 7%-8%, consensus $2.64B. Sees FY15 comparable sales growth in low to mid-single digit range. The company expects to open 35 new stores, including 8-10 small format stores. Sees FY15 tax rate of 39%.
07:02 EDTDSWDSW board increased quarterly dividend to 20c from 18.75c
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07:01 EDTDSWDSW reports Q4 comparable sales up 7.6%
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07:01 EDTDSWDSW reports Q4 adjusted EPS 35c, consensus 28c
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March 16, 2015
15:26 EDTDSWNotable companies reporting before tomorrow's open
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12:59 EDTDSWDSW March volatility increases into Q4 and outlook
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09:19 EDTCMAComerica management to meet with JPMorgan
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08:30 EDTCTSHCognizant price target raised to $65 from $60 at Cowen
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05:40 EDTILMNIllumina files patent infringement suit in UK regarding NIPT patents
Illumina (ILMN) announced that it and its wholly-owned subsidiary, Verinata Health have filed a patent infringement suit against Premaitha Health in the High Court of Justice, Chancery Division, Patents Court in the United Kingdom. Illumina is seeking all available remedies, including damages and injunctive relief. The patents asserted are European Patent 0 994 963 B2 and European Patent 1 981 995 B1, which are exclusively licensed to Illumina from Sequenom (SQNM), and The Board of Trustees of Leland Stanford Junior University, respectively. Stanford is joined in the suit as a necessary party because it is the registered owner of the European Patent 1 981 995 B1. The patents are directed to using cell-free fetal DNA for non-invasive prenatal testing. The suit accuses Premaitha’s IONA Test of infringement, including its use of next-generation sequencing to analyze cell-free fetal DNA from a sample of maternal blood.
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