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Stock Market & Financial Investment News

News Breaks
March 22, 2013
10:04 EDTSPRD, PROV, MPR, FDO, ADTN, NXPI, R, IRG, APEI, MSG, PANW, TCBI, DSWOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Public (APEI) upgraded to Outperform from Market Perform at Wells Fargo... DSW (DSW) upgraded to Outperform from Neutral at Credit Suisse... Family Dollar (FDO) upgraded to Buy from Hold at Deutsche Bank... Ignite Restaurant (IRG) upgraded to Buy from Hold at KeyBanc... Met-Pro (MPR) upgraded to Buy from Hold at Brean Capital... Ryder (R) upgraded to Strong Buy from Outperform at Raymond James... Texas Capital (TCBI) upgraded to Outperform from Market Perform at Keefe Bruyette... Provident Financial (PROV) upgraded to Buy from Hold at Sandler O'Neill... Palo Alto (PANW) upgraded to Buy from Neutral at B. Riley Caris... NXP Semiconductors (NXPI) upgraded to Positive from Neutral at JNK Securities... Spreadtrum (SPRD) upgraded to Buy from Neutral at BofA/Merrill... Madison Square Garden (MSG) upgraded to Outperform from Neutral at Macquarie... Adtran (ADTN) upgraded to Market Perform from Underperform at Raymond James.
News For APEI;FDO;DSW;IRG;MPR;TCBI;R;PROV;PANW;NXPI;SPRD;MSG;ADTN From The Last 14 Days
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March 27, 2015
05:32 EDTNXPINXP Semiconductors signs strategic cooperation agreement with Digital China
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March 26, 2015
11:57 EDTNXPISanDisk weakness likely company specific, says Piper Jaffray
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10:29 EDTNXPINXP Semiconductors falls, begins filling bullish gap
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10:04 EDTMSGOn The Fly: Analyst Downgrade Summary
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07:45 EDTMSGMadison Square Garden downgraded to Hold from Buy at Evercore ISI
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05:38 EDTNXPINXP Semiconductors establishes regional headquarters in Shanghai
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March 25, 2015
05:38 EDTNXPINXP & Globafoundries announce production of 40nm embedded memory technology
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March 23, 2015
14:57 EDTPANWPalo Alto volatility at low end of historic range
Palo Alto March weekly call option implied volatility is at 37, April is at 33, June is at 34; compared to its 26-week average of 43 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on March 2.
08:01 EDTRRyder price target raised to $130 from $117 at FBR Capital
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March 20, 2015
15:40 EDTPANWMore cybersecurity firms to come public amid high market demand, Reuters says
With shares of publicly traded cybersecurity companies having recently outperformed the market, a number of privately-held IT security names, including Rapid7, LogRythm and Mimecast, plan to go public in 2015 amid the high level of investor interest, said Reuters, citing people familiar with the matter. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
12:32 EDTMSGMadison Square Garden names Sharon Otterman as Chief Marketing Officer
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March 17, 2015
09:25 EDTDSWOn The Fly: Pre-market Movers
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07:03 EDTDSWDSW sees FY15 EPS $1.80-$1.90, consensus $1.90
Sees FY15 revenue growth of 7%-8%, consensus $2.64B. Sees FY15 comparable sales growth in low to mid-single digit range. The company expects to open 35 new stores, including 8-10 small format stores. Sees FY15 tax rate of 39%.
07:02 EDTDSWDSW board increased quarterly dividend to 20c from 18.75c
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07:01 EDTDSWDSW reports Q4 comparable sales up 7.6%
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07:01 EDTDSWDSW reports Q4 adjusted EPS 35c, consensus 28c
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March 16, 2015
15:26 EDTDSWNotable companies reporting before tomorrow's open
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12:59 EDTDSWDSW March volatility increases into Q4 and outlook
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07:03 EDTMSGSotheby's names Tad Smith as president and CEO, effective March 31
Sotheby’s (BID) announced that its Board of Directors has concluded its CEO search and appointed Tad Smith as President and CEO, effective March 31. Smith will also join the Sotheby’s Board of Directors. He succeeds William F. Ruprecht who has served as CEO since 2000. Smith has been President and CEO of the Madison Square Garden Company (MSG) since February 2014. In this role, he oversaw the overall strategy and day-to-day operations of MSG Sports, MSG Media, and MSG Entertainment.
06:55 EDTMSGMadison Square Garden announces resignation of President and CEO Tad Smith
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