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Stock Market & Financial Investment News

News Breaks
August 8, 2014
10:00 EDTSLAB, PFPT, NMBL, NXPI, INVN, GCO, CSTE, BCRX, ASHOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Ashland (ASH) initiated with a Buy at UBS... BioCryst (BCRX) initiated with an Overweight at JPMorgan... Caesarstone (CSTE) initiated with a Buy at UBS... Genesco (GCO) initiated with a Hold at Jefferies... InvenSense (INVN) initiated with a Buy at Canaccord... NXP Semiconductors (NXPI) initiated with a Buy at Canaccord... Nimble Storage (NMBL) initiated with an Outperform at Wells Fargo... Proofpoint (PFPT) initiated with an Outperform at Wells Fargo... Silicon Laboratories (SLAB) initiated with a Buy at Canaccord.
News For ASH;BCRX;CSTE;GCO;INVN;NXPI;NMBL;PFPT;SLAB From The Last 14 Days
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July 2, 2015
10:29 EDTNXPINXP Semiconductors, Freescale shareholders approve merger
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10:02 EDTASHAshland to acquire AkzoNobel Zeta Fraction biofunctional technology
Ashland Specialty Ingredients, a commercial unit of Ashland (ASH), announced it has signed a definitive agreement to purchase the Zeta Fraction technology from AkzoNobel (AKZOY). The acquisition broadens Ashland's value-added portfolio in the personal care, pharmaceutical, food and beverage, and agriculture markets, the company said. The transaction is expected to be completed during the current fiscal quarter. Financial terms were not disclosed.
07:16 EDTCSTECaesarstone price target raised to $78 from $65 at UBS
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July 1, 2015
07:42 EDTNXPICanaccord recommends three European semi names amid eurozone turmoil
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June 30, 2015
10:00 EDTBCRXOn The Fly: Analyst Upgrade Summary
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09:26 EDTBCRXOn The Fly: Pre-market Movers
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08:48 EDTNXPIFreescale to host special shareholder meeting
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08:45 EDTBCRXBioCryst upgraded to Buy on BCX7353 potential at BofA/Merrill
As previously reported, BofA/Merrill upgraded BioCryst to Buy from Neutral and increased its price target to $19 from $12. The firm raised the probability of BCX7353 approval to 40% from 25% given validation of the plasma kallikrein target by both 4161 and competitor product and now assign a $13/share value versus near zero previously. BofA/Merrill is now assigning a modest negative value for '4161 versus approximately $7/share previously.
08:40 EDTNXPINXP Semiconductors to host special shareholder meeting
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06:00 EDTBCRXBioCryst upgraded to Buy from Neutral at BofA/Merrill
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June 26, 2015
12:00 EDTGCOFinish Line rises after Q1 results beat expectations
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June 25, 2015
10:00 EDTPFPTOn The Fly: Analyst Initiation Summary
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08:19 EDTSLABCiti names Rambus top buy in Specialty Semiconductors
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June 24, 2015
18:39 EDTPFPTProofpoint initiated with an Outperform at Wedbush
Wedbush started shares of Proofpoint with an Outperform rating and added the stock to its Best Ideas List. The firm has an $79 price target for shares.
12:06 EDTPFPTU.S. data hack larger than previously disclosed, WSJ reports
Office of Personnel Management Director Katherine Archuleta said in a statement today to the House Oversight Committee that her agency is investigating whether up to 18M unique Social Security numbers were stolen as part of the previously disclosed cyberattack, Wall Street Journal reports. The hack is being defined as two distinct breaches, and the larger than previously thought numbers are preliminary and not verified, the Journal adds. Publicly traded companies in the cybersecurity 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
08:54 EDTPFPTFortinet downgraded to Neutral from Buy at Citi
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07:16 EDTASHCredit Suisse to hold a conference
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