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Stock Market & Financial Investment News

News Breaks
June 27, 2014
09:50 EDTANAD, SSL, QLTI, MTW, LHO, HFC, OGZPY, COV, APD, VRSNOn The Fly: Analyst Downgrade Summary
Today noteworthy downgrades include: ANADIGICS (ANAD) downgraded to Hold from Buy at Needham... Air Products (APD) downgraded to Equal Weight from Overweight at Barclays... Covidien (COV) downgraded to Neutral from Buy at BTIG... Gazprom (OGZPY) downgraded to Equal Weight from Overweight at Barclays... HollyFrontier (HFC) downgraded to Neutral from Outperform at Credit Suisse... LaSalle Hotel (LHO) downgraded to Hold from Buy at MLV & Co.... Manitowoc (MTW) downgraded to Market Perform from Outperform at BMO Capital... QLT Inc. (QLTI) downgraded to Sector Perform at RBC Capital... Sasol (SSL) downgraded to Equal Weight from Overweight at Barclays... VeriSign (VRSN) downgraded to Market Perform from Outperform at Wells Fargo.
News For ANAD;APD;COV;OGZPY;HFC;LHO;MTW;QLTI;SSL;VRSN From The Last 14 Days
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October 10, 2014
10:01 EDTMTWOn The Fly: Analyst Downgrade Summary
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09:00 EDTMTWOn The Fly: Pre-market Movers
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08:36 EDTMTWManitowoc downgraded at BMO Capital
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07:16 EDTCOVAmerican Society of Plastic Surgeons to hold annual meeting
Annual Meeting of ASPS is being held in Chicago on October 10-14.
07:04 EDTCOVMedtronic announces Omar Ishrak will remain CEO of new company
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06:29 EDTMTWManitowoc downgraded to Underperform from Market Perform at BMO Capital
October 9, 2014
19:11 EDTMTWManitowoc sees FY14 Crane segment revenues declining
For FY14, Manitowoc now anticipates Crane segment revenues to decline by mid-to-high single-digit percentages compared to FY13 revenues, while it expects Crane operating margins for FY14 to be in the 7% range. In addition, Manitowoc now expects FY14 Foodservice segment revenues to be up by low-to-mid single-digit percentages as compared to revenues for the prior-year period. The company expects this segment’s operating margins for FY14 to be in the 15% range. In addition, the company is adjusting its guidance for end-of-year debt-to-EBITDA to approximately 3.5 times, versus below 3 times previously expected, and is reducing its interest expense guidance to a low-to-mid $90M range. The company is reaffirming the remainder of its full-year outlook: capital expenditures of approximately $90M, depreciation & amortization of approximately $120M, amortization of deferred financing fees of less than $5M, and effective tax rate in the mid-teens percentage range driven by expected Q3 discrete items.
19:06 EDTMTWManitowoc sees Q3 revenue 'just under' $1B, consensus $1.02B
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16:37 EDTCOVCovidien receives FDA 510k clearance for Nellcor Portable SpO2 system
Covidien announced FDA 510k clearance for the Nellcor Portable SpO2 Patient Monitoring System. The system is the only commercially available portable oximeter that is equipped with home care and sleep study modes and complies with IEC 60601-1-11 standards for devices used in the home health care environment.
09:20 EDTQLTIOn The Fly: Pre-market Movers
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07:30 EDTQLTIQLT Inc. says re-engaging assessment of options after Auxilium deal ended
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06:52 EDTQLTIQLT Inc. merger with Auxilium terminated for superior proposal from Endo
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October 8, 2014
16:58 EDTHFCHollyFrontier initiated with a Hold at Deutsche Bank
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13:54 EDTOGZPYMinister says Gazprom, YPF discussing $1B agreement, Bloomberg says
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10:46 EDTCOVOptions with decreasing implied volatility
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October 7, 2014
10:43 EDTCOVOptions with decreasing implied volatility
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09:13 EDTHFCHollyFrontier upgraded to Buy from Neutral at Citigroup
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October 6, 2014
11:00 EDTCOVOptions with decreasing implied volatilit
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09:06 EDTAPDAir Products to supply technology and hydrogen to FirstElement fueling stations
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07:12 EDTCOVThe MedTech Conference holds a conference
AdvaMed 2014 is being held in Chicago on October 6-8.
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