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Stock Market & Financial Investment News

News Breaks
July 7, 2014
18:15 EDTAPP, FSC, BLUEOn The Fly: After Hours Movers
HIGHER: American Apparel (APP), up 5.08% after Standard General entered into a letter agreement with the company's founder Dov Charney... Fifth Street Finance (FSC), up 2.31% after increasing the company's monthly dividend by 10%. LOWER: bluebird bio (BLUE), down 3.19%.
News For APP;FSC;BLUE From The Last 14 Days
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August 19, 2014
09:15 EDTAPPAmerican Apparel price target raised to $1.25 from $1 at Roth Capital
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August 18, 2014
17:19 EDTAPPAmerican Apparel sees FY14 adjusted EBITDA $40M-$45M
17:18 EDTAPPAmerican Apparel reports Q2 EPS (9c), consensus (6c)
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August 15, 2014
10:01 EDTFSCOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Apollo Global (APO) downgraded to Market Perform from Outperform at Wells Fargo... Calavo Growers (CVGW) downgraded to Neutral from Outperform at Wedbush... DaVita (DVA) downgraded to Hold from Buy at Deutsche Bank... Dangdang (DANG) downgraded to Neutral from Outperform at Credit Suisse... Ducommun (DCO) downgraded to Neutral from Buy at DA Davidson... Energy XXI (EXXI) downgraded to Sector Perform from Outperform at Howard Weil... Fifth Street Finance (FSC) downgraded to Neutral from Buy at Gilford Securities... Genetic Technologies (GENE) downgraded to Neutral from Buy at Ladenburg... Harmony Gold (HMY) downgraded to Underweight from Neutral at HSBC... Ignite Restaurant (IRG) downgraded to Neutral from Overweight at Piper Jaffray... JDSU (JDSU) downgraded to Hold from Buy at Argus... K12 (LRN) downgraded to Market Perform from Outperform at Wells Fargo... KKR (KKR) downgraded to Market Perform from Outperform at Wells Fargo... Lexington Realty (LXP) downgraded to Neutral from Buy at Ladenburg... Lithia Motors (LAD) downgraded to Underweight from Equal Weight at Morgan Stanley... New York & Co. (NWY) downgraded to Neutral from Buy at Janney Capital... OCI Partners (OCIP) downgraded to Underweight from Equal Weight at Barclays... OmniVision (OVTI) downgraded to Neutral from Outperform at RW Baird... Smith & Nephew (SNN) downgraded to Equal Weight from Overweight at Morgan Stanley... Subsea 7 (SUBCY) downgraded to Neutral from Buy at Goldman... Tencent (TCEHY) downgraded to Neutral from Overweight at JPMorgan... ViaSat (VSAT) downgraded to Equal Weight from Overweight at Stephens... bebe stores (BEBE) downgraded to Neutral from Buy at Janney Capital.
August 14, 2014
16:32 EDTFSCFifth Street Finance downgraded to Neutral from Buy at Gilford Securities
August 12, 2014
17:39 EDTAPPAmerican Apparel reports estimated Q2 EPS (9c), one estimate (6c)
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16:48 EDTAPPAmerican Apparel files to delay 10-Q
As previously disclosed, five of the seven directors of American Apparel resigned on July 9, and four new board members were appointed to fill the vacancies resulting from such resignations on August 2, and one new board member was appointed to fill the remaining vacancy on August 8. The new board needs additional time to review the financials and ask questions of management before the Company is in a position to finalize the financials to the Quarterly Report on Form 10-Q for the quarter ended June 30. In light of the foregoing, the process of completing the financial statements and the related information required to be included in the Quarterly Report could not be completed by the scheduled filing deadline for the Quarterly Report.
16:17 EDTBLUEbluebird bio reports Q2 EPS (6c), consensus (45c)
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August 11, 2014
15:27 EDTBLUEWedbush to hold a conference
Life Sciences Management Conference to be held in New York on August 12-13.

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