New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 30, 2013
10:24 EDTPCH, CP, USB, LEN, HA, FOSL, IDIX, YUM, PLD, JBLU, HOG, HES, XOM, UNP, OPEN, ITW, GGG, F, AMZNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Amazon.com (AMZN) downgraded to Outperform from Buy at CLSA... Ford (F) downgraded to Underperform from Outperform at CLSA... Fossil (FOSL) downgraded to Sell from Hold at Brean Capital... Graco (GGG) downgraded to Neutral from Buy at Janney Capital... Harley-Davidson (HOG) downgraded to Neutral from Buy at Goldman... Hawaiian Holdings (HA) downgraded to Hold from Buy at Deutsche Bank... Illinois Tool Works (ITW) downgraded to Market Perform from Outperform at BMO Capital... JetBlue (JBLU) downgraded to Underperform from Market Perform at Raymond James... Lennar (LEN) downgraded to Neutral from Outperform at Credit Suisse... OpenTable (OPEN) downgraded to Perform from Outperform at Oppenheimer... ProLogis (PLD) downgraded to Market Perform from Outperform at Wells Fargo... U.S. Bancorp (USB) downgraded to Neutral from Overweight at JPMorganbas... Union Pacific (UNP) downgraded to Neutral from Overweight at Atlantic Equities... Yum! Brands (YUM) downgraded to Market Perform from Outperform at Bernstein... Canadian Pacific (CP) downgraded to Hold from Buy at Stifel Nicolaus... Exxon Mobil (XOM) downgraded to Neutral from Outperform at Macquarie... Idenix (IDIX) downgraded to Neutral from Outperform at Wedbush... Potlatch (PCH) downgraded to Underperform from Neutral at DA Davidson... Hess Corp. (HES) downgraded to Neutral from Add at Capital One.
News For AMZN;F;GGG;HOG;HA;ITW;JBLU;LEN;OPEN;PLD;USB;UNP;YUM;CP;XOM;IDIX;PCH;HES;FOSL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
February 17, 2015
16:09 EDTFOSLFossil, Kate Spade announce global licensing agreement
Fossil Group (FOSL) and Kate Spade (KATE) announced the companies have signed a global licensing agreement for the design, development and distribution of kate spade new york watches through 2025. Through the partnership, Fossil Group assumes the existing watch business successfully built under the kate spade new york brand and will begin distributing the assortment through its extensive global network. Fossil Group will launch the first collection of watches designed, developed and distributed in collaboration with kate spade new york, a global lifestyle brand, in 2016. Product will be available in kate spade new york stores as well as key retailers globally.
16:08 EDTFOSLFossil says FY15 'significantly negatively impacted' by currency, restructuring
For fiscal 2015, the Company expects that its results will be significantly negatively impacted by foreign currency changes as well as restructuring charges. It sees 2015 restructuring charges of 35c.
16:07 EDTFOSLFossil says on track to deliver long term goal
The company said, "As we begin 2015, we believe we remain on track to continue to deliver on our long term goal of driving profitable top-line growth while investing in high return initiatives that can fuel our momentum over the long term. The addition of kate spade new york to our multi-brand portfolio, which we announced today, is yet another great example of our ability to capitalize on lifestyle brands that are poised for global expansion. Our priorities are to invest in developing our digital capabilities, advance our wearable technology initiative, drive efficiencies in our operating model, and continue to leverage our competitive advantages of world-class design, production and global distribution to grow Fossil, Skagen and our multi-brand portfolio. We remain excited about our outlook and while we recognize near-term challenges, we expect fiscal 2015 to be another year of significant accomplishments towards our overarching objective to deliver sustained growth and outstanding returns for our shareholders over the long-term."
16:06 EDTFOSLFossil sees Q1 EPS 59c-69c, consensus $1.21
Subscribe for More Information
16:05 EDTFOSLFossil sees FY15 EPS $5.45-$6.05, consensus $7.54
Sees FY15 net sales to be in the range of a 3% decrease to a 1% increase and Operating margin in a range of 12%-13%.
16:04 EDTFOSLFossil reports Q4 EPS $3.00, consensus $3.07
Subscribe for More Information
16:00 EDTAMZNOptions Update; February 17, 2015
Subscribe for More Information
15:32 EDTFOSLNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Devon Energy (DVN), consensus $1.05... Vornado Realty (VNO), consensus $1.23... Analog Devices (ADI), consensus 61c... FirstEnergy (FE), consensus 75c... CF Industries (CF), consensus $5.08... Agilent Technologies (A), consensus 41c... Cimarex Energy (XEC), consensus 82c... Flowserve (FLS), consensus $1.13... Fossil (FOSL), consensus $3.07... Rackspace (RAX), consensus 19c... Norwegian Cruise Line (NCLH), consensus 37c... Jack in the Box (JACK), consensus 87c... Cloud Peak Energy (CLD), consensus 7c... La-Z-Boy (LZB), consensus 38c... KAR Auction Services (KAR), consensus 29c... Owens & Minor (OMI), consensus 50c... Valmont Industries (VMI), consensus $1.65... Realty Income (O), consensus 66c.
14:35 EDTFOSLFossil technical remarks ahead of results
Subscribe for More Information
14:24 EDTFOSLFossil February volatility elevated into Q4 and outlook
Subscribe for More Information
11:00 EDTFFord hires John Casesa to lead global strategy
Subscribe for More Information
09:40 EDTAMZNActive equity options trading on open
Subscribe for More Information
06:58 EDTXOMBrent oil reaches $62 per barrel, Reuters reports
Driven higher by Middle East turbulence, the price of brent crude oil reached $62 per barrel today, close to its 2015 high, according to Reuters. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
06:05 EDTFFord recalls 17,875 Falcons and Territories in Australia
Subscribe for More Information
February 16, 2015
15:22 EDTCPCanadian Pacific enters binding arbitration with Teamsters Canada
Canadian Pacific said it and the Teamsters Canada Rail Conference agreed to enter into binding arbitration, putting an end to the work stoppage by CP's locomotive engineers and conductors. E. Hunter Harrison, CP's CEO said, "While we would have preferred a negotiated settlement, this is the right thing to do at this time." An arbitrator will be appointed by the federal government. No further details are being released at this time. On February 14, CP announced a tentative four-year agreement with its Unifor employees. Details of the tentative agreement are being withheld pending ratification by the Unifor membership.
February 15, 2015
16:45 EDTAMZNFAA proposes new rules for commercial operation of drones in U.S
The Department of Transportationís Federal Aviation Administration proposed a framework of regulations that would allow routine use of certain small unmanned aircraft systems, UAS, in todayís aviation system, while maintaining flexibility to accommodate future technological innovations. The FAA proposal offers safety rules for small UAS, under 55 pounds, conducting non-recreational operations. The rule would limit flights to daylight and visual-line-of-sight operations. It also addresses height restrictions, operator certification, optional use of a visual observer, aircraft registration and marking, and operational limits. Publicly traded companies in the space include General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), AeroVironment (AVAV), SAIC (SAIC), Textron (TXT), Amazon.com (AMZN) and GoPro (GPRO). Reference Link
16:32 EDTXOMInvestors should avoid Exxon, Chevron, ConocoPhillips, Shell, Barron's says
Subscribe for More Information
15:35 EDTCP, UNPWest coast ports closed to cargo vessels for weekend, Reuters says
Subscribe for More Information
13:44 EDTCPCP disappointed by failed talks with Teamsters Canada Rail Conference
Canadian Pacific is disappointed to announce that negotiations with Teamsters Canada Rail Conference-Running Trades, TCRC, have broken down without an agreement. As a result, the TCRC have indicated they will strike as of 12:01 a.m. on February 15. TCRC represents CP's approximately 3,000 active locomotive engineers and conductors. CP proposed thoughtful, compelling and fair options including wage increases and improved benefit plans. Furthermore, CP proposed changes to work schedules to improve the quality of life for engineers and conductors. TCRC leadership claims that lack of time off is at the heart of its reluctance to negotiate, yet 72% of all engineers and conductors do not take the time off they are entitled to. Furthermore, 60% of the conductors and engineers at CP make between $80,000 and $160,000, while working an average of 31 to 35 hours a week. "We have wanted to make a deal for more than a year, and have been presenting the TCRC leadership with dynamic options and choices to improve the quality of life for employees while driving efficiencies in our business," said E. Hunter Harrison, CP's Chief Executive Officer. "Our conductors and engineers have plenty of options for time off, but the vast majority don't take full advantage of those opportunities. We want to implement a model that allows us to properly schedule crews while maintaining the highest standards of safe railroading" While CP would have preferred a negotiated settlement, at the urging of the Minister of Labour, the railroad agreed to immediate mediation and arbitration to avoid a work disruption. Unfortunately, the TCRC did not agree.
13:40 EDTCPCanadian Pacific and Unifor reach tentative agreement
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use