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News Breaks | | | | November 6, 2012 | | 10:02 EDT |  | SREV, TDC, KBW, ENR, ASEI, HME, BMRN, SKM, ESRX, AT | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Science & Engineering (ASEI) downgraded to Hold from Buy at Benchmark Co.... Atlantic Power (AT) downgraded to Hold from Buy at Desjardins... BioMarin (BMRN) downgraded to Hold from Buy at Brean Capital... Energizer (ENR) downgraded to Market Perform from Outperform at Bernstein... Express Scripts (ESRX) downgraded to Hold from Buy at Jefferies... Home Properties (HME) downgraded to Underperform from Sector Perform at RBC Capital... KBW, Inc. (KBW) downgraded to Market Perform from Outperform at JMP Securities... SK Telecom (SKM) downgraded to Neutral from Outperform at Credit Suisse... ServiceSource (SREV) downgraded to Equal Weight from Overweight at Morgan Stanley... Teradata (TDC) downgraded to Sector Perform from Outperform at FBN Securities. | |
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News For ASEI;AT;BMRN;ENR;ESRX;HME;KBW;SKM;SREV;TDC From The Last 14 Days Check below for free stories on ASEI;AT;BMRN;ENR;ESRX;HME;KBW;SKM;SREV;TDC the last two weeks. |
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| May 21, 2013 | | 07:34 EDT |  | BMRN | UBS to host a conference
 Subscribe for More Information | | | May 17, 2013 | | 10:42 EDT | | ESRX | Leerink's healthcare technology & distribution analyst holds a conference call
Subscribe for More Information | | | May 16, 2013 | | 12:24 EDT |  | BMRN | On The Fly: Midday Wrap
The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80. | | | 11:50 EDT |  | BMRN | Celgene, Gilead lower after new data published at ASCO
Subscribe for More Information | | | 09:03 EDT |  | BMRN | BioMarin volatility low, shares near record high into ACSO
Subscribe for More Information | | | 08:33 EDT |  | BMRN | BioMarin abstract showed impressive anti-tumor activity, says Leerink
Subscribe for More Information | | | May 15, 2013 | | 12:19 EDT | | TDC | Teradata management to meet with Jefferies
Subscribe for More Information | | | May 13, 2013 | | 10:09 EDT |  | ESRX | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 07:39 EDT | | BMRN | BioMarin price target raised to $75 from $59 at Deutsche Bank
Deutsche Bank raised its price target for BioMarin citing increased value for the company's parp inhibitor. The firm keeps a Buy rating the stock. | | | 07:19 EDT | | SREV | JMP Securities to host a conference
Subscribe for More Information | | | | 05:52 EDT | | ESRX | Express Scripts upgraded to Buy from Hold at Jefferies
Subscribe for More Information | | | May 10, 2013 | | 10:00 EDT |  | SREV | ServiceSource rises 17.3%
ServiceSource is up 17.3%, or 97c, to $6.59 | | | 08:42 EDT | | SREV | ServiceSource price target raised to $12 from $10 at JMP Securities
JMP Securities increased its price target on ServiceSource after the company reported stronger than expected Q1 results. The firm expects the company's multiple to increase as it transitions from a fully managed service offering to a software-as-a-service technology platform. The firm keeps an Outperform rating on the shares. | | | May 9, 2013 | | 16:14 EDT |  | SREV | ServiceSource reports Q1 EPS (2c), consensus (4c)
Reports Q1 revenue $61.1M, consensus $60.38M. | | | May 8, 2013 | | 17:22 EDT | | AT | Atlantic Power reports Q1 EPS 5c, may not compare to consensus (12c)
Subscribe for More Information | | | May 7, 2013 | | 16:08 EDT | | ASEI | American Science & Engineering announces $35M repurchase program
American Science & Engineering announced that its board has authorized another $35M stock repurchase program. The company will implement a Rule 10b5-1 trading plan to make such purchases. Any repurchased shares will be funded with cash on hand. The new program will not commence until after the completion of the company's current blackout period and existing stock repurchase program which the company announced on August 2, 2012. | | | 16:06 EDT | | ASEI | American Science & Engineering reports Q4 EPS ex-charge 57c, consensus 66c
Subscribe for More Information | | | 10:00 EDT |  | BMRN | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 06:35 EDT | | BMRN | BioMarin initiated with a Buy at Goldman
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