New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 25, 2012
10:04 EDTATI, CROX, LSI, WYN, WPPGY, NUVA, ISIL, MSI, FTI, FFIV, CNI, CPOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Allegheny Technologies (ATI) downgraded to Neutral from Buy at Longbow... Canadian National (CNI) downgraded to Sector Perform from Outperform at RBC Capital... F5 Networks (FFIV) downgraded to Hold from Buy at Wunderlich... F5 Networks (FFIV) downgraded to Perform from Outperform at Oppenheimer... FMC Technologies (FTI) downgraded to Sell from Neutral at Goldman... Intersil (ISIL) downgraded to Sell from Neutral at Citigroup... Motorola Solutions (MSI) downgraded to Outperform from Strong Buy at Raymond James... NuVasive (NUVA) downgraded to Market Perform from Outperform at Leerink...WPP PLC (WPPGY) downgraded to Neutral from Buy at Citigroup... Wyndham (WYN) downgraded to Hold from Buy at Deutsche Bank... LSI Corp. (LSI) downgraded to Neutral from Outperform at Wedbush... Crocs (CROX) downgraded to Neutral from Buy at Sterne Agee... Canadian Pacific (CP) downgraded to Sector Perform from Outperform at RBC Capital.
News For ATI;CNI;FFIV;FTI;MSI;ISIL;NUVA;WPPGY;WYN;LSI;CROX;CP From The Last 14 Days
Check below for free stories on ATI;CNI;FFIV;FTI;MSI;ISIL;NUVA;WPPGY;WYN;LSI;CROX;CP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
July 22, 2014
16:16 EDTFTIFMC Technologies reports Q2 EPS 95c with items, consensus 63c
Subscribe for More Information
15:30 EDTFTINotable companies reporting after market close
Subscribe for More Information
13:05 EDTCROXCrocs jumps after racing past expectations, detailing store strategy
Shares of footwear maker Crocs (CROX) are jumping after the company reported second quarter earnings per share and revenue that exceeded analysts' consensus. Crocs also detailed its strategic plans, which includes cost-saving measures and store closures. WHAT'S NEW: Crocs' EPS of 36c beat analysts' consensus of 31c and its Q2 revenue of $376.92M was higher than analysts' consensus of $372.76M. Crocs reported that its global Q2 same-store sales fell 5.1%, as SSS in the Americas for the quarter were down 6.2% and its SSS in Asia Pacific was down 6%, though its SSS in Europe rose 1.1%. The company foresees Q3 revenue to be between $300M-$305M, compared to analysts' consensus of $300.5M prior to the update. Crocs detailed its strategic plans for long-term improvement and growth of the business, including streamlining its product and marketing portfolio, reducing direct investment in smaller geographic markets, reducing duplicative and excess overhead, and closing or converting approximately 75 to 100 Crocs branded retail stores globally. The company expects cost savings associated with the reduction in force of $4M in FY14 and $10M in FY15. The company expects store closings will reduce revenue by approximately $35M-$50M and reduce SG&A expense by approximately $17M-$25M with an insignificant impact on future operating income. ANALYST REACTION: Buckingham analyst Scott Krasik reiterated his Buy rating on Crocs after the company reported "solid" Q2 revenue and EPS that was better than expectations. Krasik is "encouraged" by management's outlook for mid-single digit backlog and thinks investors should add to positions after seeing the first details of the company's restructuring plans. PRICE ACTION: During afternoon trading, Crocs was up $1.65 or 11.1%, to $16.49.
09:28 EDTCROXCrocs shares should be bought, says Buckingham
Subscribe for More Information
09:08 EDTCROXOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Chipotle (CMG), up 10.7%... Crocs (CROX), up 5%... Lockheed Martin (LMT), up 1.4%. ALSO HIGHER: GreenHunter Resources (GRH), up 10.3% after announcing intent to form MLP... TG Therapeutics (TGTX), up 9.5% after reporting Q2 results, preclinical study results, price target on shares raised to $19 from $13 at Brean Capital... FuelCell (FCEL), up 5.4% after announcing German government support, EUR 4.9M in research awards... Apache (APA), up 5.2% after Bloomberg says activist investor JANA Partners disclosed $1B position in the stock. DOWN AFTER EARNINGS: Harley-Davidson (HOG), down 4.1%... Travelers (TRV), down 3.4%... McDonald's (MCD), down 2.3%... Coca-Cola (KO), down 2.5%. ALSO LOWER: Amazon.com (AMZN), down 1% following downgrade to Neutral rating at Citigroup.
07:37 EDTATIAllegheny Technologies expects Q3 business conditions to improve
Subscribe for More Information
07:31 EDTATIAllegheny Technologies reports Q2 EPS (3c), consensus 1c
Reports Q2 revenue $1.12B, consensus $1.06B.
July 21, 2014
19:54 EDTCROXCrocs sees Q3 revenue $300M-$305M, consensus $300.54M
Subscribe for More Information
19:53 EDTCROXCrocs announces strategic plan for improving business, to close 75-100 stores
Subscribe for More Information
19:51 EDTCROXCrocs reports Q2 EPS 36c, consensus 31c
Reports Q2 revenue $376.92M, consensus $372.76M. Americas Q2 SSS were down 6.2%. Asia Pacific Q2 SSS were down 6%. Japan Q2 SSS were down 6.4%. Europe Q2 SSS were up 1.1%. Global Q2 SSS were down 5.1%.
18:40 EDTCNIOn The Fly: After Hours Movers
UP AFTER EARNINGS: Netflix (NFLX), up marginally after reporting Q2 results... Sanmina (SANM), up 13.2% after reporting third quarter results and fourth quarter guidance above analyst estimates... Chipotle (CMG), up 10.1%... Helix (HLX), up 5.2%... Canadian National (CNI), up 1.13%... CYS Investments (CYS), up 1.7%. ALSO HIGHER: Apache (APA), up 5% after Bloomberg says JANA discloses $1B position... Johnson & Johnson (JNJ), up 1% after announcing a $5B share repurchase program... TG Therapeutics (TGTX), up 4.3% after reporting second quarter results and preliminary clinical results from TG-1101 Phase I study... DOWN AFTER EARNINGS: Rambus (RMBS), down 3.6% after reporting second quarter results... Ultra Clean (UCTT), down 4% after reporting quarterly results. ALSO LOWER: Tallgrass Energy (TEP), down 5% after filing to sell 7M common units representing limited partners.
16:08 EDTCNICanadian National raises FY14 outlook
Subscribe for More Information
16:06 EDTCNICanadian National reports Q2 adjusted EPS C$1.03, consensus C$0.99
Subscribe for More Information
16:00 EDTCROXCrocs trading halted, pending news
Subscribe for More Information
15:30 EDTCROXNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
10:31 EDTCROXHigh option volume stocks:
High option volume stocks: EZPW LCI STLD SIAL FL OREX CROX NIHD EXTR BBT
10:28 EDTCROXCrocs August calls active into Q2 and outlook
Subscribe for More Information
08:16 EDTFTIFMC Technologies signs agreement to develop susbsea equipment and systems
Subscribe for More Information
07:15 EDTMSIO'Reilly to hold a conference
Subscribe for More Information
07:13 EDTISILIntersil added to Focus List, Silicon Laboratories removed at B. Riley
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use