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Stock Market & Financial Investment News

News Breaks
April 17, 2014
15:29 EDTATHN, SCSS, CBF, HUBG, ASBC, AMD, CPHD, ISBC, ALSN, ACTGNotable companies reporting after market close
Notable companies reporting before tomorrow's market open, with earnings consensus, include athenahealth (ATHN), consensus 17c; Allison Transmission (ALSN), consensus 31c; Investors Bancorp (ISBC), consensus 24c; Cepheid (CPHD), consensus (17c); Advanced Micro Devices (AMD), consensus 0c; Associated Banc-Corp (ASBC), consensus 25c; Hub Group (HUBG), consensus 36c; Capital Bank (CBF), consensus 24c; Select Comfort (SCSS), consensus 32c; Acacia Research (ACTG), consensus 4c.
News For ATHN;ALSN;ISBC;CPHD;AMD;ASBC;HUBG;CBF;SCSS;ACTG From The Last 14 Days
Check below for free stories on ATHN;ALSN;ISBC;CPHD;AMD;ASBC;HUBG;CBF;SCSS;ACTG the last two weeks.
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September 12, 2014
06:37 EDTALSNAllison Transmission initiated with a Positive at Susquehanna
Target $37.
September 11, 2014
06:03 EDTACTGAcacia Research subsidiary reaches settlement with Fujitsu Network Communication
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05:57 EDTAMDStocks with implied volatility above IV index mean; AMD RH
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September 10, 2014
10:00 EDTHUBGOn The Fly: Analyst Initiation Summary
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10:00 EDTHUBGOn The Fly: Analyst Downgrade Summary
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08:32 EDTHUBGHub Group downgraded to Market Perform from Strong Buy at Raymond James
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05:44 EDTHUBGHub Group initiated with an Equal Weight at Barclays
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September 9, 2014
16:44 EDTHUBGHub Group sees intermodal volume flat or down slightly for remainder of year
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16:39 EDTHUBGHub estimates that settlement amount for drivers case is approximately $9.5M
Hub Group disclosed in a regulatory filing that "as previously reported in a Form 10-K and 10-Q, a complaint was filed in the U.S. District Court for the Eastern District of California by Salvador Robles against our subsidiary, Comtrak Logistics, now known as Hub Group Trucking. The complaint seeks class certification on behalf of a class comprised of present and former California-based truck drivers for Hub Group Trucking who were classified as independent contractors, from January 2009 to the present. The complaint alleges Hub Group Trucking has misclassified such truck drivers as independent contractors and that such drivers were employees. A second complaint alleging substantially similar claims was filed in the Superior Court of the State of California for the County of San Bernardino on July 24, but the company has not been served with a copy of that complaint. The company believes that the independent contractor truck drivers were properly classified as independent contractors at all times. Nevertheless, because lawsuits are expensive, time-consuming and could interrupt our business operations, we have decided to make settlement offers to individual drivers with respect to the claims alleged in the lawsuits, without admitting liability. The company estimates that the total settlement amount, if all drivers accept the offers, is approximately $9.5M. To date, a substantial number of the independent contractors have decided to accept the settlement offer. We are also changing our business model in California from independent contractor truck drivers to employee drivers. In the Los Angeles and Stockton markets, the cost of the employee driver model will initially be higher than the independent contractor model and will fluctuate depending on the cost of various factors, including claims, repairs and fuel. We estimate that the impact of the change in the model for the remainder of the year would be between two and four cents per share. In addition, we expect a total of approximately $1M (or about two cents per share) of one time costs in the last half of 2014 for legal, travel and communication costs related to the settlements and model change implementation."
10:45 EDTAMDAMD says gaining share in commercial PC market is goal
The company is looking to "move up the stack" in the consumer PC space. Comments made at Deutsche Bank Technology Conference.
07:26 EDTAMDDeutsche Bank to hold a conference
Technology Conference to be held in Las Vegas on September 9-11 with webcasted company presentations to begin on September 9 at 10:30 am; not all company presentations may be webcasted. Webcast Link
06:00 EDTAMDStocks with implied volatility top IV index mean; AMD YHOO
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September 8, 2014
16:02 EDTALSNAllison Transmission enters strategic relationship with EnerDel
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06:04 EDTAMDStocks with implied volatility top IV index mean; AMD YHOO
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September 5, 2014
06:04 EDTACTGAcacia Research enters into settlement agreement with Kaba Ilco, Kaba Holding
Acacia Research announced that its O.S. Security LLC subsidiary has entered into a settlement agreement with Kaba Ilco Corporation and Kaba Holding AG. The agreement resolves litigation that was pending in the United States District Court for the Central District of California.
06:01 EDTAMDStocks with implied volatility top IV index mean; AMD YHOO
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September 4, 2014
07:45 EDTALSNAllison Transmission 5.39M share Spot Secondary priced at $30.55
Credit Suisse acted as sole book running manager for the offering.
September 3, 2014
16:42 EDTALSNAllison Transmission sells 5.39M shares of common stock by holders
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13:08 EDTISBCInvestors Bancorp management to meet with Sterne Agee
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05:55 EDTAMDStocks with implied volatility above IV index mean; AMD YHOO
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