New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 7, 2012
10:41 EDTQLTY, FNF, WLP, MIPS, ESRX, THS, HUM, EOG, DRL, DRH, AOLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AOL (AOL) downgraded to Underperform from Outperform at CLSA... DiamondRock (DRH) downgraded to Sell from Neutral at Goldman... Doral Financial (DRL) downgraded to Neutral from Buy at B. Riley... EOG Resources (EOG) downgraded to Hold from Buy at Societe Generale... Express Scripts (ESRX) downgraded to Buy from Conviction Buy at Goldman... Fidelity National (FNF) downgraded to Equal Weight from Overweight at Stephens... Humana (HUM) downgraded to Neutral from Buy at BofA/Merrill... MIPS Technologies (MIPS) downgraded to Hold from Buy at Craig-Hallum... MPG Office Trust (MPG) downgraded to Sell from Hold at Stifel Nicolaus... Quality Distribution (QLTY) downgraded to Neutral from Buy at SunTrust... TreeHouse Foods (THS) downgraded to Underperform from Neutral at Credit Suisse... Wellpoint (WLP) downgraded to Underperform from Buy at BofA/Merrill.
News For AOL;DRH;DRL;EOG;ESRX;FNF;HUM;MIPS;QLTY;THS;WLP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2015
08:59 EDTTHSPotential TreeHouse deal would boost EPS by 30%, says SunTrust
Subscribe for More Information
August 27, 2015
19:14 EDTESRXExpress Scripts to cover both Repatha, Praluent for now, Bloomberg says
Subscribe for More Information
10:06 EDTFNFHigh option volume stocks
High option volume stocks: GLOG ACI NGD BEAT BAX TTPH STJ FNF SSTK
August 26, 2015
10:00 EDTTHSOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:50 EDTTHSTreeHouse upgraded to Overweight from Equal Weight at Stephens
Subscribe for More Information
August 23, 2015
19:56 EDTTHSTreeHouse in talks to buy ConAgra private label unit for $3B, NY Post says
TreeHouse Foods (THS) chairman and CEO Sam Reed privately told certain investors last week that the company is in talks to buy ConAgra's (CAG) Ralcorp private label food unit for roughly $3B, reports the New York Post, citing a source with inside knowledge. Post Holdings (POST) is also eyeing Ralcorp, sources told the publication. Reference Link
August 21, 2015
14:59 EDTQLTYQuality Distribution requests withdrawal of registration statement
Subscribe for More Information
12:22 EDTEOGChanos say still short Exploration & Production space
Subscribe for More Information
August 20, 2015
10:00 EDTDRHOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:20 EDTESRXExpress Scripts rebates to increase due to price protection, says Cleveland
Subscribe for More Information
06:45 EDTDRHDiamondRock upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded DiamondRock to Outperform and maintained its $15 price target. The firm upgraded shares largely based on relative valuation and said management has done a good job repositioning the portfolio.
05:46 EDTEOGStocks with implied volatility movement; QIHU EOG
Stocks with implied volatility movement; Qihoo 360 (QIHU) 45, EOG Resources (EOG) 35 according to iVolatility.
August 19, 2015
16:58 EDTEOGOn The Fly: Top stock stories for Wednesday
The market opened deep in negative territory after a tumultuous trading session in China and a softer than expected U.S. consumer prices report. Sellers continued to push the averages lower throughout the morning, with the Dow tacking on losses of more than 200 points as investors waited for the release of the Fed minutes. The market rallied following an early leak of the minutes, which suggested officials are getting closer to raising rates but appear to be waiting for additional data. Despite the afternoon rally, the averages sold off once again heading into the close, leaving all three indices in the negatives for Wednesday. ECONOMIC EVENTS: In the U.S., the July consumer price index edged up 0.1% against expectations for 0.2% reading. The core reading, which excludes food and energy, also came in at 0.1% versus consensus estimates of 0.2%. There were no revisions to the 0.3% headline gain in June or the 0.2% growth in the ex-food and energy component. Component gains were muted across the board, with Energy prices up just 0.1% in July. Meanwhile, FOMC minutes showed no definitive indication of a September rate hike. Most committee members "judged that the conditions for policy firming had not yet been achieved, but they noted that conditions were approaching that point." Other members, however, believed that the inflation outlook "might not soon meet one of the conditions... for initiating a firming of policy." COMPANY NEWS: Shares of Dot Hill Systems (HILL) soared $4.50, or 86.87%, to $9.68 after Seagate Technology (STX) agreed to acquire the company for $9.75 per share, noting that it expects the deal to be non-GAAP EPS accretive in fiscal 2016. Shares of the hard drive giant fell 5.03% to $49.43 for the session... Lowe's (LOW) shares saw gains of $1.34, or 1.84%, to $74.36 following the company's earnings report this morning, while Target (TGT) rose $59c, or 0.73%, to $80.89 after beating on both top and bottom lines. On a subsequent conference call, Target executives forecast a "choppy" competitive environment in Q3, though they added that the company "will not get beat" on promotions in Q4. Separately, American Eagle (AEO) lost 7.42% to $16.92 after its quarterly numbers. MAJOR MOVERS: Among the notable gainers were Palatin (PTN) and Apricus (APRI), showing respective advances of 3.19% and 7.89% after the FDA approved Sprout's female sexual dysfunction drug Addyi, with the agency remarking that it "continues to encourage drug development in this area." Note that both Palatin and Apricus are developing their own treatments in the space, and Apricus reaffirmed this morning its intent to seek a global partner as it advances its Femprox sexual dysfunction medication. Also higher was Yum! Brands (YUM), which gained $1.90, or 2.26%, to $86.10 after appointing a new CEO of its China division, adding that its same-store sales in the region "have turned significantly positive." Among the noteworthy losers was Rayonier Advanced Materials (RYAM), plunging $6.01, or 44.09%, to $7.62 after disclosing a legal battle with its customer Eastman Chemical (EMN) over "meet or release" contract stipulations which may impact Eastman's purchase obligations. Also lower was Caesarstone (CSTE), which lost $3.43, or 7.14%, to $44.61 after short-selling hedge fund Spruce Point said the stock has up to 75% downside due to heightened raw material costs and competitive concerns, among other factors. Separately, EOG Resources (EOG), Baytex Energy (BTE), and Vanguard Natural (VNR) saw respective losses of 4.15%, 15.53%, and 13.83% after WTI crude fell 5.02% for the session. INDEXES: The Dow declined 162.61, or 0.93%, to 17,348.73, the Nasdaq fell 40.30, or 0.80%, to 5,019.05, and the S&P 500 lost 17.31, or 0.83%, to 2,079.61.
05:46 EDTESRXStocks with implied volatility movement; ESRX BMY
Subscribe for More Information

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