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Stock Market & Financial Investment News

News Breaks
May 21, 2014
04:55 EDTCTS, CTS, XPO, XPO, SONS, SONS, SP, SP, LFUS, LFUS, SPA, SPA, FC, FC, ONE, ONE, ANGI, ANGI, APGI, APGIBarrington to hold a conference
8th Annual Spring Investment Conference to be held in Chicago on May 21-22.
News For APGI;ANGI;ONE;FC;SPA;LFUS;SP;SONS;XPO;CTS From The Last 14 Days
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October 23, 2014
10:01 EDTANGIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 3D Systems (DDD) downgraded to Hold from Buy at Brean Capital... Angie's List (ANGI) downgraded to Hold from Buy at Needham... Avalon Rare Metals (AVL) downgraded to Neutral from Buy at Citigroup... Axiall (AXLL) downgraded at Cowen... BB&T (BBT) downgraded to Neutral from Buy at Goldman... Boeing (BA) downgraded at Credit Suisse... Boulder Brands (BDBD) downgraded to Hold from Buy at Canaccord... Citrix (CTXS) downgraded to Hold from Buy at Drexel Hamilton... ClickSoftware (CKSW) downgraded to Hold from Buy at Lake Street... DTS, Inc. (DTSI) downgraded to Underweight from Neutral at JPMorgan... GulfMark Offshore (GLF) downgraded to Market Perform from Outperform at Cowen... Home Loan Servicing (HLSS) downgraded to Neutral from Buy at Compass Point... ICON plc (ICLR) downgraded to Equal Weight from Overweight at First Analysis... IPC The Hospitalist Co. (IPCM) downgraded to Market Perform at Wells Fargo... Melco Crown (MPEL) downgraded to Neutral from Buy at Nomura... Mercer (MERC) downgraded at Credit Suisse... ONEOK Partners (OKS) downgraded to Neutral from Buy at BofA/Merrill... Owens Corning (OC) downgraded to Neutral from Overweight at JPMorgan... Regency Energy Partners (RGP) downgraded to Neutral from Buy at BofA/Merrill... The Medicines Co. (MDCO) downgraded to Neutral from Buy at BofA/Merrill... Tupperware Brands (TUP) downgraded to Neutral from Overweight at JPMorgan... Union Bankshares (UBSH) downgraded at RW Baird... VOC Energy Trust (VOC) downgraded at RBC Capital... Yelp (YELP) downgraded to Hold from Buy at Stifel.
09:06 EDTANGICitadel Advisors reports 5.8% passive stake in Angie's List
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09:04 EDTANGIOn The Fly: Pre-market Movers
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07:58 EDTANGIAngie's List downgraded to Hold from Buy at Needham
Note this is the fourth downgrade of the day.
07:15 EDTSONSSonus sees FY14 EPS 7c, consensus 7c
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07:14 EDTSONSSonus sees Q4 EPS 3c, consensus 3c
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07:13 EDTSONSSonus reports Q3 EPS 1c, consensus 1c
Reports Q3 revenue $73.2M, consensus $71.97M.
06:44 EDTANGIAngie's List downgraded to Hold from Buy at Wunderlich
Wunderlich downgraded Angie's List to Hold following the company's Q3 results saying its platform changes are not translating into better financial results. The firm lowered its price target for shares to $8 from $13. Shares of Angie's were also downgraded this morning at Piper Jaffray and Raymond James.
06:13 EDTANGIAngie's List downgraded to Underperform from Market Perform at Raymond James
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05:32 EDTANGIAngie's List downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded Angie's List to Neutral citing challenging fundamentals following the company's September quarter results. Piper notes Angie's reported soft new customer and service provider additions. The firm lowered its price target for shares to $7 from $12.
October 22, 2014
14:11 EDTANGIAngie's List valuation attractive with today's sell-off, says Barrington
Barrington lowered its price target for Angie's List shares to $10 from $15 following the company's Q3 results but says the stock is attractively valued with today's pullback. The firm notes Angie's management neither confirmed nor denied the rumor that it's shopping itself to a buyer. Barrington sees private equity as a more likely near]term buyer than strategic alternatives. It keeps an Outperform rating on the stock.
09:21 EDTANGIOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Dow Chemical (DOW), up 3.7%... iRobot (IRBT), up 12%... Six Flags (SIX), up 13%... GlaxoSmithKline (GSK), up 2%... Broadcom (BRCM), up 7%... Boston Scientific (BSX), up 4.3%... Abbott (ABT), up 1.8%... Yahoo! (YHOO), up 6%. ALSO HIGHER: Blue Earth (BBLU), up 26.4% after CEO says statements in Seeking Alpha blog are "false and misleading."... GW Pharmaceuticals (GWPH), up 5.4% after Epidiolex receives orphan designation from EMA. DOWN AFTER EARNINGS: 3D Systems (DDD), down 15%... Biogen (BIIB), down 7%... Lumber Liquidators (LL), down 13.4%... Norfolk Southern (NSC), down 3%... Angie's List (ANGI), down 8.8%. ALSO LOWER: Nanosphere (NSPH), down 33% after filing secondary, reporting preliminary Q3 revenue... Himax Technologies (HIMX), down 16% after announcing that Google (GOOG) will not exercise an additional investment option in the company... Cree (CREE), down 10.5%, downgraded at DA Davidson and Canaccord following the company's Q1 earnings results... Ocwen Financial (OCN), down 7% after downgraded to Hold at Evercore, downgraded to Neutral at BofA Merrill Lynch... VMware (VMW), down 7.8%, downgraded at Nomura and Raymond James following the company's Q3 results.
07:08 EDTANGIAngie's List reports Q3 memberships added 350.38K vs. 371.32K last year
Angie's List reports Q3 gross paid memberships added down 6% versus last year. Total paid memberships were 2.98M at the end of Q3 compared to 2.38M last year. Marketing cost per paid membership acquisition was $64 in Q3 versus $76 last year.
07:03 EDTANGIAngie's List sees Q4 revenue $80M-$82M, consensus $84.15M
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07:02 EDTANGIAngie's List reports Q3 EPS (9c), consensus (6c)
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October 20, 2014
07:16 EDTANGIAmerican Academy of Ophthalmology to hold annual meeting
AAO Annual Meeting 2014 is being held in Chicago on October 18-21.
October 14, 2014
11:01 EDTANGIAngie's List to expand headquarters, create jobs
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10:48 EDTANGIAngie's List mentioned cautiously by dealReporter
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October 10, 2014
07:16 EDTANGIAmerican Society of Plastic Surgeons to hold annual meeting
Annual Meeting of ASPS is being held in Chicago on October 10-14.

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