New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 10, 2014
09:10 EDTANF, ANF, BDE, BDE, BAGL, BAGL, IRG, IRG, JWN, JWN, HAIN, HAIN, ZUMZ, ZUMZ, RUTH, RUTH, PVH, PVH, TPX, TPX, CAKE, CAKE, NDLS, NDLSPiper Jaffray to hold a conference
34th Annual Consumer Conference is being held in New York on June 10-11 with webcasted company presentations to begin on June 10 at 9:15 am; not all company presentations may be webcasted. Webcast Link
News For ANF;CAKE;TPX;PVH;RUTH;ZUMZ;HAIN;JWN;IRG;BAGL;BDE;NDLS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
March 23, 2015
06:47 EDTPVHPVH Corp. price target lowered to $125 from $150 at Wunderlich
Wunderlich lowered its price target for PVH Corp. shares to $125 ahead of the company's Q4 results on Wednesday. The firm cut its estimates below consensus to reflect currency worries, saying the stronger U.S. dollar will have a "material" impact in the near term. It keeps a Buy rating on the name.
March 22, 2015
17:01 EDTPVHWestern Digital, PACCAR, two others look discounted, Barron's says
Subscribe for More Information
14:59 EDTHAINPinnacle Foods enters bidding for meatless food company Quorn, Telegraph says
Subscribe for More Information
March 18, 2015
16:38 EDTTPXH Partners Management delivers letter to Tempur Sealy, demands to see books
Subscribe for More Information
March 17, 2015
12:38 EDTBDEOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday, with the Dow falling about 1%. The market opened in negative territory and proceeded to gain additional downside momentum in early trading. Data on housing starts was not good, even accounting for bad weather in many areas of the country, and the prospect of interest rate increases on the horizon may have some fearing that the housing market recovery is in danger of stalling. Adding to the weakness in stocks may have been the further slide in crude oil prices, which pushed benchmark U.S. crude oil below $43 per barrel earlier in the session. ECONOMIC EVENTS: In the U.S., housing starts plunged 17% to an 897K rate in February, widely undershooting expectations for starts to be down 2.4% to a 1.04M rate, but much of the slide was attributed to weather. Building permits rose 3% to a rate of 1.092M, which was better than the expected 0.5% growth to a 1.065M rate. In Europe, Germany's ZEW Center investor confidence index climbed to 54.8 from 53 last month, though that fell short of the 59.4 consensus forecast. In Asia, the Shanghai Composite index rose 1.6% to close at its highest level in over 6 years. COMPANY NEWS: Apple (AAPL) is preparing to launch an online TV service later this year, according to reports from The Wall Street Journal and the Financial Times. After the reports, Piper Jaffray analyst Gene Munster said he believes Apple's online TV service launch would lay the groundwork for an actual television launch sometime in 2016. Munster estimates that at an average selling price of $1,750, a television could add about 7% to Apple's 2017 revenue. MAJOR MOVERS: Among the notable gainers was Black Diamond (BDE), which jumped 30% after the company reported was then expected quarterly results and guidance but also announced it has hired two banks to help it explore its strategic alternatives. Also higher was Esperion (ESPR), which rose 15% after the company's phase 2b study of ETC-1002, a product in development for patients with hypercholesterolemia on stable statin therapy, met its primary endpoints. Among the noteworthy losers was Himax (HIMX), which dropped 9% after BofA Merrill Lynch downgraded the stock two notches to Underperform from Buy. Also lower following its earnings report was magicJack (CALL), which fell 19%. INDEXES: Near midday, the Dow was down 152.00, or 0.85%, to 17,825.42, the Nasdaq was down 8.39, or 0.17%, to 4,921.12, and the S&P 500 was down 11.39, or 0.55%, to 2,069.80.
10:00 EDTBDEOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
10:00 EDTBDEOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:25 EDTBDEOn The Fly: Pre-market Movers
Subscribe for More Information
08:22 EDTBDEBlack Diamond upgraded to Buy from Neutral at DA Davidson
Subscribe for More Information
07:40 EDTBDEBlack Diamond price target raised to $17 from $12 at Canaccord
Canaccord raised its price target on Black Diamond to $17 from $12 following Q4 results and its disclosure that the company is exploring strategic alternatives. The firm feels Black Diamond will sell assets either jointly or separately and believes the shares will trade materially higher on this event. Canaccord reiterated its Buy rating on Black Diamond shares.
06:55 EDTBDEBlack Diamond upgraded at Stifel
Subscribe for More Information
06:53 EDTBDEBlack Diamond upgraded to Buy from Hold at Stifel
Subscribe for More Information
06:26 EDTBDEBlack Diamond downgraded to Hold from Buy at Needham
March 16, 2015
19:00 EDTBDEOn The Fly: After Hours Movers
Subscribe for More Information
16:15 EDTBDEBlack Diamond sees FY15 revenue $208M, consensus $217.21M
Subscribe for More Information
16:14 EDTBDEBlack Diamond reports Q4 adjusted EPS 9c, consensus 11c
Subscribe for More Information
16:12 EDTBDEBlack Diamond engages Rothschild, Baird to explore strategic alternatives
Black Diamond announced it has engaged the financial advisory firms Rothschild and Robert W. Baird to lead the exploration of a full range of strategic alternatives for each of the company's brands, Black Diamond, POC and PIEPS. Warren Kanders, executive chairman of Black Diamond, commented: "Over the last 15 months, we have undertaken a series of actions to leverage the significant growth in our brands, optimize our platform, drive significant cost reductions, and position the company for stronger financial and brand performance. We believe the growth in sales and margin in the fourth quarter is an early indication of the benefits of these actions, which we expect to realize increasingly over time. At a time when premium active lifestyle and outdoor brands are selling at historically high levels, and there is a scarcity of authentic branded assets available to strategic acquirers, the board's decision to investigate its strategic alternatives results from its belief that the company is likely to utilize 100% of its NOL balances in connection with this process and represents the logical next step in our ongoing efforts to unlock value for Black Diamond shareholders." Black Diamond has not set a timetable for completion of this strategic review process, and does not intend to comment further regarding the review process unless or until a specific transaction is approved by its board of directors or shareholders, the review process is concluded, or it is otherwise determined that further disclosure is appropriate or required by law.
16:11 EDTBDEBlack Diamond engages Rothschild, Baird to explore strategic alternatives
Subscribe for More Information
08:39 EDTPVHPVH Corp. price target lowered to $130 from $144 at Piper Jaffray
Subscribe for More Information
06:36 EDTTPXTempur Sealy urges holders to vote FOR company board nominees
Tempur Sealy announced that it has filed definitive proxy materials with the SEC in connection with its upcoming 2015 Annual Meeting of Shareholders to be held on May 8. Tempur Sealy shareholders of record as of March 11 are eligible to vote at the 2015 Annual Meeting. The Tempur Sealy board unanimously recommends that shareholders vote FOR the company's directors: Evelyn S. Dilsaver, Frank Doyle, John A. Heil, Peter K. Hoffman, Sir Paul Judge, Nancy F. Koehn, Christopher A. Masto, P. Andrews McLane, Lawrence J. Rogers, Mark Sarvary and Robert B. Trussell, Jr.
1 | 2 | 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