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Stock Market & Financial Investment News

News Breaks
March 13, 2014
10:31 EDTATK, UIL, FINL, CPE, STRZA, QIHU, DRC, CAB, ALJ, ATVI, CNMDOn The Fly: Analyst Upgrade Summary
ATK (ATK) upgraded to Equal Weight from Underweight at Barclays... Activision Blizzard (ATVI) upgraded to Buy from Neutral at BofA/Merrill... Alon USA Energy (ALJ) upgraded to Outperform from Neutral at Macquarie... Cabela's (CAB) upgraded to Outperform from Market Perform at William Blair... Dresser-Rand (DRC) upgraded to Outperform from Market Perform at William Blair... Qihoo 360 (QIHU) upgraded to Outperform from Neutral at Credit Suisse... Starz (STRZA) upgraded to Equal Weight from Underweight at Evercore... Callon Petroleum (CPE) upgraded to Sector Perform from Underperform at Howard Weil... Finish Line (FINL) upgraded to Buy from Neutral at Monness Crespi... CONMED (CNMD) upgraded to Buy from Neutral at Ladenburg... UIL Holdings (UIL) upgraded to Buy from Hold at Argus.
News For ATK;ATVI;ALJ;CAB;DRC;QIHU;STRZA;CPE;FINL;UIL;CNMD From The Last 14 Days
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September 12, 2014
19:12 EDTCABCabela's management to meet with SunTrust
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09:33 EDTQIHUQihoo 360 management to meet with JPMorgan
Meeting to be held in Boston on September 17 hosted by JPMorgan.
07:19 EDTATVIConsoles lead video game sales up 8% in August, Bloomberg reports
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05:36 EDTATVIAugust NPD video game software sales fell 21%, says Piper Jaffray
Piper Jaffray says August NPD video game software sales fell 21% year-over-year. The firm continues to expect growth beginning in late 2014 and recommends using any weakness in shares of GameStop (GME), Electronic Arts (EA), Activision Blizzard (ATVI) and Take-Two (TTWO) as a buying opportunity.
September 11, 2014
08:18 EDTCNMDVoce says three nominees not elected to CONMED board
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September 10, 2014
16:19 EDTCPECallon Petroleum initiated with an Outperform at Cowen
Target $14.
11:41 EDTATVIActivision view looks conservative after Destiny launch, says Piper Jaffray
Piper Jaffray said the strong launch of Destiny gives the firm confidence in its estimates for the game and the company's results and that Activision Blizzard's fiscal year guidance is looking "increasingly conservative." The firm reiterates its Overweight rating and $27 price target on Activision, which is down about 1% to $23.47 near midday.
11:38 EDTATVIGameStop achieved high share of Destiny sales, says BofA/Merrill
Activision (ATVI) announced that it sold more than $500M of Destiny on its first day, making it the biggest new video game franchise launch in history. BofA/Merrill believes GameStop (GME) had a very high share of Destiny sales and expects further clarity in the coming months. The analyst continues to believe GameStop is leveraged to momentum in the console cycle and believes competitive threats from full game downloads id overblown. Shares of GameStop are Buy rated with a $56 price target.
10:14 EDTATVIActivision early sales of Destiny above expectations, says RW Baird
RW Baird said Activision Blizzard's initial Destiny wholesale shipments of over $500M exceeded expectations and the firm added that its checks suggest "very healthy" pre-orders to date for Call of Duty: Advanced Warfare. The firm believes there is upside potential for Activision in Q3 and Q4 and reiterate its Outperform rating on the stock.
10:00 EDTCPEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: African Barrick Gold (ABGLY) upgraded to Neutral from Sell at Goldman... ArcelorMittal (MT) upgraded to Overweight from Underweight at Barclays... CRH Plc. (CRH) upgraded to Outperform from Underperform at Raymond James... Callon Petroleum (CPE) upgraded to Buy from Neutral at SunTrust... Coach (COH) upgraded to Overweight from Neutral at Atlantic Equities... Hartford Financial (HIG) upgraded to Outperform from Market Perform at FBR Capital... Huntsman (HUN) upgraded to Buy from Neutral at Citigroup... Imperva (IMPV) upgraded to Outperform from Perform at Oppenheimer... L Brands (LB) upgraded at Credit Suisse... Marcus (MCS) upgraded to Buy from Neutral at B. Riley... Noodles & Company (NDLS) upgraded to Buy from Neutral at UBS... Sunoco Logistics (SXL) upgraded to Overweight from Equal Weight at Barclays... Triangle Petroleum (TPLM) upgraded to Buy from Accumulate at KLR Group... Twitter (TWTR) upgraded to Buy from Neutral at UBS.
09:01 EDTATVIActivision says sells over $500M of Destiny worldwide as of day one
Activision Publishing, a wholly owned subsidiary of Activision Blizzard, announced that the company sold more than $500M of Destiny into retail stores and first parties worldwide as of day one, making the game the biggest new video game franchise launch in history.
08:45 EDTCPECallon Petroleum upgraded to Buy from Neutral at SunTrust
As previously reported, SunTrust upgraded Callon Petroleum to Buy from Neutral. The firm upgraded shares to reflect the acquisition of high-quality Midland Basin acreage last week and the recent equity raise. Price target raised to $12 from $11.
08:36 EDTCPECallon Petroleum upgraded to Buy from Neutral at SunTrust
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08:10 EDTALJAlon USA Energy receives approval for Bakersfield rail and refinery project
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06:07 EDTCPECallon Petroleum 12.5M share Secondary priced at $9.00
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September 9, 2014
10:10 EDTFINLOn the Fly: Analyst Upgrade Summary
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05:30 EDTFINLFinish Line upgraded to Buy from Hold at Deutsche Bank
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September 8, 2014
08:39 EDTALJRail decision on Tuesday could add $7 to Alon USA Energy, says Credit Suisse
Credit Suisse said the Kern County Board will announce its decision on Alon USA Energy's Bakersfield project on Tuesday. The analyst believes this may add $7 per share when constructed, and could allow Alon USA Energy to launch its own MLP. Shares are Outperform rated with a $21 price target.
08:12 EDTCNMDCONMED urges holders to vote the GOLD proxy card
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08:06 EDTCPECallon Petroleum files to sell 12.5M shares of common stock
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