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Stock Market & Financial Investment News

News Breaks
December 6, 2012
10:09 EDTMET, MMR, IHG, NFLX, PXP, GWW, AZO, WRI, FCX, ASNA, JDSU, SNI, CBLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Ascena Retail (ASNA) downgraded to Hold from Buy at BB&T... AutoZone (AZO) downgraded to Perform from Outperform at Oppenheimer... CBL & Associates (CBL) downgraded to Sell from Neutral at UBS... Freeport McMoRan (FCX) downgraded to Hold from Buy at Deutsche Bank... Grainger (GWW) downgraded to Neutral from Buy at UBS... Scripps Networks (SNI) downgraded to Neutral from Buy at Goldman... Weingarten Realty (WRI) downgraded to Sell from Neutral at UBS... Plains Exploration (PXP)downgraded to Market Perform from Outperform at BMO Capital... JDSU (JDSU) downgraded to Market Perform from Outperform at Raymond James... Intercontinental Hotels (IHG) downgraded to Neutral from Outperform at Credit Suisse... MetLife (MET) downgraded to Equal Weight from Overweight at Barclays... Netflix (NFLX) downgraded to Below Average from Average at Caris... McMoRan Exploration (MMR) downgraded to Neutral from Add at Capital One.
News For ASNA;AZO;CBL;FCX;GWW;SNI;WRI;PXP;JDSU;IHG;MET;NFLX;MMR From The Last 14 Days
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February 24, 2015
09:13 EDTSNIScripps Networks appoints Hickok as CFO, moves NeCastro from CFO to CDO
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07:15 EDTNFLXNetflix may enter Russia within two years, Hollywood Reporter says
Netflix' head of communications in Europe, Joris Evers, says the company hopes to make its entrance in Russia within the next two years, The Hollywood Reporter says. Reference Link
February 23, 2015
09:50 EDTFCXFreeport McMoRan says pursuing O&G JVs, other transactions
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09:37 EDTFCXFreeport McMoRan CEO says not likely to sell assets
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February 20, 2015
11:31 EDTFCXFreeport McMoRan announces 75MMcf/day productoin test on Highlander discovery
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February 19, 2015
16:26 EDTSNIScripps Networks raises quarterly dividend by 15% to 23c per share
Scripps Networks board also has increased its quarterly dividend rate and declared a dividend of 23c per share up from 20c. This dividend will be payable on March 10, to shareholders of record at the close of business on March 2.
16:25 EDTSNIScripps Networks authorizes additional $1B share repurchase program
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16:01 EDTNFLXOptions Update; February 19, 2015
iPath S&P 500 VIX Short-Term Futures down 70c to 30.11. Option volume leaders: AAPL TSLA TWTR AMAT PBR KO FB AXP NFLX according to Track Data.
11:02 EDTSNIScripps Networks promotes Steve Gigliotti to Chief Revenue Officer
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09:59 EDTWRIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Altisource Residential (RESI) upgraded to Neutral from Sell at Compass Point... Angie's List (ANGI) upgraded to Overweight from Equal-Weight at First Analysis... Barrick Gold (ABX) upgraded to Buy from Hold at TD Securities... British Land (BTLCY) upgraded to Buy from Hold at Societe Generale... Coach (COH) upgraded to Buy from Hold at Topeka... Fiat Chrysler (FCAU) upgraded to Outperform from Neutral at Exane BNP Paribas... Garmin (GRMN) upgraded at BofA/Merrill... Hologic (HOLX) upgraded to Buy from Hold at Canaccord... Iberdrola (IBDRY) upgraded to Neutral from Underweight at HSBC... KPN (KKPNY) upgraded to Neutral from Underperform at Exane BNP Paribas... Monster Worldwide (MWW) upgraded at Evercore ISI... Pharmacyclics (PCYC) upgraded to Buy from Neutral at Nomura... RPC, Inc. (RES) upgraded to Equal Weight from Underweight at Morgan Stanley... Sanofi (SNY) upgraded to Buy from Neutral at BofA/Merrill... Sasol (SSL) upgraded to Neutral from Underweight at HSBC... Tractor Supply (TSCO) upgraded at Oppenheimer... Valero (VLO) upgraded to Buy from Hold at Deutsche Bank... Weingarten Realty (WRI) upgraded to Neutral from Sell at UBS... Werner (WERN) upgraded on improving freight fundamentals at RBC Capital... diaDexus (DDXS) upgraded to Buy from Neutral at Ladenburg,
05:54 EDTWRIWeingarten Realty upgraded to Neutral from Sell at UBS
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February 18, 2015
16:00 EDTNFLXOptions Update; February 18, 2015
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09:37 EDTNFLXOption volume leaders on open
Option volume leaders: AAPL TSLA TWTR CELG APO NFLX AXP APA LNKD C GILD according to Track Data.
07:07 EDTGWWBarclays to hold a conference
Industrial Select Conference is being held in Miami on February 18-19.
February 17, 2015
13:00 EDTASNAAscena Retail to close Brothers brand
Ascena Retail Group announced that as part of a strategic review of its Justice business, it has decided to close its Brothers brand. Operations are expected to be fully wound down by the end of the company’s fiscal year. Ascena CEO David Jaffe commented, “We are mindful of the impact this decision has on our customers and associates. At this point in its evolution, it is appropriate for Justice to focus on its core girls business, including refinement of its merchandise assortment and overall marketing strategy.” Wind-down costs associated with the decision to close Brothers are not expected to be material to the company’s financials. For FY14, Brothers represented less than 1% of the total Ascena revenue base, and the Brothers brand has been operating at a loss since its inception.
06:03 EDTWRIWeingarten Realty board increases dividend by 6.2% to 34.5c
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06:02 EDTWRIWeingarten Realty reports acquisitions totaled $44M for the year
Reports dispositions totaled $166 million for the fourth quarter and $387 million for the year.
06:02 EDTWRIWeingarten Realty sees FY15 FFO $2.12-$2.17, consensus $2.12
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06:01 EDTWRIWeingarten Realty reports Same property net operating income up 3.6% in Q4
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06:01 EDTWRIWeingarten Realty reports Q4 FFO 51c, consensus 51c
Reports Q4 revenue $126.10M, consensus $126.05M
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