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Stock Market & Financial Investment News

News Breaks
October 26, 2012
10:00 EDTALKS, MDCO, BCEI, DKS, VAR, CBRL, ARIA, ARQLOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ARIAD (ARIA) initiated with a Buy at Citigroup... Alkermes (ALKS) initiated with a Buy at Citigroup... ArQule (ARQL) initiated with a Buy at Citigroup... Bonanza Creek Energy (BCEI) initiated with a Buy at SunTrust... Dick's Sporting (DKS) initiated with a Market Perform at BMO Capital... The Medicines Co. (MDCO) initiated with a Neutral at Citigroup... Varian Medical (VAR) initiated with a Buy at Brean Capital... Cracker Barrel (CBRL) initiated with a Buy at CL King.
News For ARIA;ARQL;ALKS;MDCO;BCEI;DKS;VAR;CBRL From The Last 14 Days
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May 24, 2013
10:04 EDTALKSOn The Fly: Analyst Downgrade Summary
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09:26 EDTDKSDick's Sporting price target raised to $60 from $55 at Imperial Capital
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08:36 EDTALKSAlkermes downgraded to Sell from Neutral at MKM Partners
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May 23, 2013
07:48 EDTMDCOThe Medicines Co. decline unjustified, says RBC Capital
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07:08 EDTALKSAlkermes changes fiscal year end, sees 9-months EPS 61c-75c
Alkermes has changed its fiscal year-end from March 31 to Dec. 31 and outlined financial expectations for the nine-month period ending Dec. 31, 2013. Alkermes expects total revenues to range from $395M-$425M, and non-GAAP net income to range from $85M-$105M or 61c-75c per share, for the nine months ending Dec. 31, 2013. Following the change in the company’s financial year-end, the company expects total pro forma revenues for the calendar year ending Dec. 31, 2013, to range from $558M-$588M and expects pro forma non-GAAP net income for the calendar year ending Dec. 31, 2013, to range from $141M-$161M.
07:03 EDTALKSAlkermes reports Q4 EPS 40c, may not compare to consensus 17c
Reports Q4 revenue $163.4M, consensus $128.01M. Revenues for the quarter included $30.0M of intellectual property license revenue unrelated to key development programs.
May 22, 2013
15:16 EDTMDCOThe Medicines Co. shares defended at ISI Group
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10:00 EDTDKSOn The Fly: Analyst Downgrade Summary
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08:01 EDTVARVarian Medical receives FDA clearance for Nexus DRF X-ray imaging system
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07:57 EDTDKSDick's Sporting price target raised to $61 from $57 at Susquehanna
Susquehanna raised its price target on Dick's Sporting following in-line Q1 results. The firm believes the company's September analyst day and Q2 results could be catalysts to move the shares higher. Shares are Positive rated.
07:36 EDTDKSDick's Sporting downgraded at BMO Capital
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06:15 EDTDKSDick's Sporting downgraded to Market Perform from Outperform at BMO Capital
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05:55 EDTDKSDick's Sporting removed from Top Picks Live list at Citigroup
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May 21, 2013
12:13 EDTMDCOThe Medicines Co. weakness a buying opportunity, says Credit Suisse
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11:49 EDTMDCOThe Medicines Co. weakness not related to fundamentals, says ISI Group
ISI Group said they spoke with The Medicines Company management and haven't found anything fundamental to explain today's weakness. The analyst also confirmed there was nothing new regarding the ongoing Angiomax litigation with the Judge's office and said today's AcelRx Ph. 3 data provided no new information.
10:24 EDTMDCOThe Medicines Co. spike lower, levels to watch
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10:21 EDTMDCOThe Medicines Co. increases on wide intra-day price movement
The Medicines Co. June call option implied volatility is at 42, July is at 53, October is at 49; compared to its 26-week average of 39 according to Track Data, suggesting large price movement.
10:16 EDTMDCOThe Medicines Co. falls 17.5% to $29.37
07:33 EDTDKSDick's Sporting sees FY13 CapEx $299M on gross basis
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07:33 EDTDKSDick's Sporting sees Q2 EPS 75c-77c, consensus 76c
Sees Q2 SSS up 2%-3%; Expects to open approximately seven new Dick's Sporting Goods stores in Q2.
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