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Stock Market & Financial Investment News

News Breaks
June 19, 2014
10:01 EDTSPR, HPP, DMND, ANGO, RYAAY, NBCB, BRKR, SBUX, LZB, FDX, ATOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AngioDynamics (ANGO) upgraded at Canaccord... Atlantic Power (AT) upgraded to Sector Perform from Underperform at RBC Capital... Bruker (BRKR) upgraded to Outperform from Market Perform at Wells Fargo... Diamond Foods (DMND) upgraded to Overweight from Equal Weight at Barclays... FedEx (FDX) upgraded to Sector Perform from Underperform at RBC Capital... First NBC Bank (NBCB) upgraded at Sterne Agee... Hudson Pacific (HPP) upgraded to Buy from Hold at KeyBanc... La-Z-Boy (LZB) upgraded to Buy from Hold at BB&T... Ryanair (RYAAY) upgraded to Buy from Neutral at UBS... Spirit AeroSystems (SPR) upgraded at Sterne Agee... Starbucks (SBUX) upgraded to Buy from Neutral at UBS.
News For ANGO;AT;BRKR;DMND;FDX;NBCB;HPP;LZB;RYAAY;SPR;SBUX From The Last 14 Days
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August 27, 2015
15:05 EDTHPPNetflix to lease part of Hudson Pacific ICON office tower
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10:00 EDTBRKROn The Fly: Analyst Initiation Summary
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August 26, 2015
16:11 EDTBRKRBruker initiated with a Hold at Cantor
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10:02 EDTSPRSpirit AeroSystems upgraded to Buy from Hold at Standpoint Research
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August 25, 2015
07:36 EDTSBUXStarbucks CEO tells workers to be nice to stock-stressed customers, Fusion says
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August 24, 2015
06:27 EDTRYAAYRyanair may face compensation claims after losing court case, Independent says
Ryanair may be forced to pay millions in euros in compensation after losing a court case over how long passengers could wait before they claimed payment due to disrupted flights, the Independent reports. The court judgment ruled that the airline can't limit time allowed to claim compensation, the report says. The carrier could be liable for payouts of approximately EUR848M after it lost a test case at Manchester County Court, the report says. Reference Link
August 23, 2015
17:40 EDTFDXJudge sends FedEx driver lawsuit back to trial court, Bloomberg says
A federal appeals court has sent a dispute over the employment status of FedEx drivers back to trial court, saying a jury must decide whether the drivers are independent contractors or full-fledged employees, reports Bloomberg. The verdict gives FedEx another chance to defend its practices, according to the report. Reference Link
August 21, 2015
06:34 EDTFDXFedEx to launch EUR 8.00 bid for TNT Express on Aug. 24
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August 20, 2015
17:52 EDTFDXUPS pilots President issues statement on FedEx/ALPA tentative agreement
The following statement is from Captain Robert Travis, President of the Independent Pilots Association regarding the tentative pilot labor agreement between FedEx (FDX) and ALPA: "We congratulate our pilot peers and FedEx on reaching a new tentative collective bargaining agreement. While we have not seen the details, the IPA will refrain from commenting on the merits of the tentative agreement until the ALPA ratification process has been completed. If approved, however, the FedEx pilot contract will bring labor peace to our largest competitor. In sharp contrast, UPS (UPS) management has created a bitter standoff with its pilot employees, unnecessarily dragging out contract talks for four years. UPS must not allow itself to be left behind by FedEx. The IPA calls on UPS management to work with its pilots to expeditiously achieve an agreement."
17:33 EDTFDXFedEx reaches tentative agreement with Air Line Pilots Association
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12:05 EDTFDXBoeing reports eight new orders in weekly update
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August 19, 2015
19:52 EDTLZBLa-Z-Boy price target, estimates raised at Barrington
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06:12 EDTSBUXStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.
August 18, 2015
18:32 EDTLZBOn The Fly: After Hours Movers
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16:12 EDTLZBLa-Z-Boy reports Q1 EPS 27c, consensus 21c
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14:51 EDTLZBNotable companies reporting after market close
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14:00 EDTLZBLa-Z-Boy technical comments ahead of results
The shares have largely traded within a range of $25 at the low and $28 at the high since December of last year. With a basing this long in development, breaks of either end of the range take on more importance. Breakouts or breakdowns of long-term ranges generally exhibit stronger price reactions. With price near the top of the range ahead of news, a breakout above $28 on strong bullish news seems probable. Such a breakout would resolve the range bullishly. Resistance levels to watch as potential upside objectives would be at $28.48, $30.23, and $31.22. If the news is bearish surprise, a test to the range low would be possible. It would take a major surprise however to break that range low. Support below $25 is at $24.49 and $23.93.
10:27 EDTRYAAYRyanair agrees to sell Aer Lingus stake to IAG, Reuters reports
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06:39 EDTFDXUSPS boosts same-day delivery to compete with FedEx, UPS, Amazon, WSJ says
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06:08 EDTSBUXStarbucks to start selling wine, beer at some stores this week, USA Today says
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