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Stock Market & Financial Investment News

News Breaks
October 12, 2012
10:02 EDTRLD, WDC, XNPT, TYC, ATNY, STI, STX, DLTR, ANR, BTU, CNX, JIVE, AVTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Alpha Natural (ANR) downgraded to Neutral from Buy at Nomura... Avnet (AVT) downgraded to Market Perform from Outperform at Raymond James... CONSOL Energy (CNX) downgraded to Sell from Outperform at CLSA... Dollar Tree (DLTR) downgraded to Hold from Buy at Jefferies... Dollar Tree (DLTR) downgraded to Neutral from Overweight at Piper Jaffray... Jive Software (JIVE) downgraded to Market Perform from Outperform at BMO Capital... Peabody Energy (BTU) downgraded to Reduce from Neutral at Nomura... Seagate (STX) downgraded to Sell from Buy at Citigroup... SunTrust (STI) downgraded to Neutral from Buy at BTIG... Tyco (TYC) downgraded to In-Line from Outperform at Imperial Capital... Western Digital (WDC) downgraded to Sell from Buy at Citigroup... XenoPort (XNPT) downgraded to Neutral from Overweight at Piper Jaffray... RealD (RLD) downgraded to Neutral from Overweight at JPMorgan... API Technologies (ATNY) downgraded to Hold from Buy at C.K. Cooper.
News For ANR;AVT;CNX;DLTR;JIVE;BTU;STX;TYC;WDC;STI;XNPT;RLD;ATNY From The Last 14 Days
Check below for free stories on ANR;AVT;CNX;DLTR;JIVE;BTU;STX;TYC;WDC;STI;XNPT;RLD;ATNY the last two weeks.
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May 23, 2013
10:08 EDTSTX, STIOn The Fly: Analyst Upgrade Summary
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08:03 EDTATNYAPI Technologies receives $2.0M contract for defense communications platform
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07:45 EDTSTISunTrust upgraded to Buy from Neutral at Guggenheim
Guggenheim upgraded SunTrust based on the rebound in residential real estate, an improving regional economy, excess capital deployment and valuation.
07:34 EDTDLTRDollar Tree sees FY13 EPS $2.61-$2.77, consensus $2.79
Sees FY13 revenue $7.81B-$7.97B based on a range of low-single digit positive comparable store sales, consensus $7.94B.
07:33 EDTDLTRDollar Tree sees Q2 EPS 52c-57c, consensus 57c
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07:32 EDTDLTRDollar Tree reports Q1 EPS 59c, consensus 57c
Reports Q1 revenue $1.87B, consensus $1.87B. Reports Q1 SSS up 2.1%.
05:40 EDTSTXSeagate upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Seagate citing the move towards higher-margin enterprise drives and expectations for HDD unit growth to resume in the second half of 2013. The firm raised its price target for shares to $46 from $40.
May 22, 2013
15:25 EDTDLTRNotable companies reporting before tomorrow's open
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10:00 EDTSTIOn The Fly: Analyst Downgrade Summary
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08:42 EDTJIVEJive Software price target raised to $18 from $16 at RW Baird
Baird raised its price target on Jive Software following its analyst day. The company believes they are the only enterprise social platform that delivers measurable return on investment. The firm noted the company's focus is to deliver measurable return on investment in the shortest amount of time. Shares are Outperform rated.
07:24 EDTTYCElectrical Products Group to host a conference
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07:12 EDTSTISunTrust downgraded to Perform from Outperform at Oppenheimer
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May 21, 2013
09:10 EDTWDCWestern Digital price target raised to $68 from $58 at Lazard Capital
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07:53 EDTXNPTXenoPort weakness creates buying opportunity, says Wells Fargo
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06:23 EDTXNPTXenoPort shares attractive at current levels, says Leerink
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May 20, 2013
16:22 EDTXNPTOn The Fly: Closing Wrap
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13:06 EDTXNPTOn The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday as the Dow and S&P seek to continue their march higher after closing last week at record levels. ECONOMIC EVENTS: In the U.S., the light domestic economic calendar included the Chicago Fed National Activity index, which slipped to -0.53 for April from its prior reading of -0.23. In Asia, the Hang Seng and Shanghai Composite both climbed after Chinese home prices were reported to have risen in April. COMPANY NEWS: Yahoo (YHOO) confirmed it is buying social media platform Tumblr for $1.1B, as widely reported over the weekend, and promised "not to screw it up" in its press release to announce the deal... Actavis (ACT) agreed to acquire Warner Chilcott (WCRX) in a stock-for-stock transaction valued at approximately $8.5B. The deal, which was approved by the boards of both companies, equates to a value of $20.08 per Warner Chilcott share based on Actavis' closing share price on Friday, the companies said. MAJOR MOVERS: Among the notable gainers were some other companies with M&A news: Acquity Group (AQ) shares more than doubled after Accenture (ACN) agreed to buy the company for $13.00 per American Depositary Share, and Pactera Technology (PACT) gained 31% after receiving a non-binding proposal from a Blackstone (BX) affiliate to be taken private for $7.50 per ADS. Among the noteworthy losers was XenoPort (XNPT), which fell 11% after one of its drugs failed in a Phase III trial for multiple sclerosis spasticity. Also lower were shares of Red Hat (RHT), which slid 4% following a downgrade to Market Perform at BMO Capital. INDICES: Near 1 pm ET, the Dow was up 13.67, or 0.09%, to 15,368.07; the Nasdaq was up 1.13, or 0.03%, to 3,500.10; and the S&P 500 was up 2.18, or 0.13%, to 1,669.65.
12:47 EDTXNPTXenoPort downgraded to Neutral from Outperform at Wedbush
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09:26 EDTXNPTOn The Fly: Pre-market Movers
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07:58 EDTBTU, CNXBofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am.
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