New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 13, 2014
10:31 EDTCNMD, CPE, DRC, ATVI, UIL, STRZA, CAB, ATK, FINL, QIHU, ALJOn 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
Sign up for a free trial to see the rest of the stories you've been missing.
February 10, 2016
05:57 EDTQIHUQihoo 360, others offer to buy Opera Software for $1.2B, WSJ reports
Subscribe for More Information
February 9, 2016
08:24 EDTATVIInvestors concerned about Activision Blizzard guidance, says Sterne Agee CRT
Sterne Agee CRT says that investors are concerned that Activision's 2016 guidance will come in below expectations, due to worries that its Destiny 2 game will be delayed and the conservatism of the company's guidance in the past. However, the firm keeps a $45 price target and Buy rating on the name,.
February 8, 2016
17:40 EDTATVIActivision Blizzard proposed acquisition of King Digital approved by Korean FTC
Subscribe for More Information
10:12 EDTATVIActivision Blizzard valuation attractive, says Stifel
Subscribe for More Information
07:55 EDTSTRZALionsgate shares undervalued, says Stifel
Stifel says that Lionsgate's current equity price "somewhat overlooks" the evolution of the company's business model since the first "Hunger Games" movie was released. The firm notes that the company's EPS has risen since then, while its products have become more diversified. Stifel expects the company's merger with Starz (STRZA) to be delayed as a result of the sharp decline in its share price, but it believes that Lionsgate's stock is undervalued at current levels. Stifel cut its price target on the shares to $25 from $35 but keeps a Buy rating on the stock.
05:51 EDTSTRZALionsgate post-earnings selloff 'well overdone,' says JPMorgan
Subscribe for More Information
05:21 EDTATVIActivision Blizzard implied volatility of 55 at upper end of index mean range
Subscribe for More Information
February 5, 2016
16:12 EDTSTRZAOn The Fly: Top stock stories for Friday
Stocks began the session in negative territory and remained there throughout the day. The monthly jobs report showed job growth had slowed more that expected in January, along with indicating higher than expected wage inflation due to the minimum wage increases around the country. Also weighing on the market were the worse than expected forecasts from some companies with previously high-flying stocks, including professional social network operator LinkedIn (LNKD). The Nasdaq was the biggest decliner losing more than 3% of its value, though the S&P and Dow also finished with significant losses. ECONOMIC EVENTS: In the U.S., nonfarm payrolls rose 151,000 in January, versus expectations for an increase of 190,000. The unemployment rate fell to 4.9%, versus expectations for it to stay at 5.0%. Average hourly earnings climbed 0.5% month-over-month, versus the consensus forecast for them to rise 0.3%. The trade deficit widened 2.7% to $43.4B in December, as exports dipped 0.3% and imports rose 0.3%. Consumer credit surged $21.3B in December, topping the $16B increase that was expected. COMPANY NEWS: LinkedIn plunged 43.68% to $108.49 after the professional network reported stronger than expected fourth quarter results, but its 2016 guidance came in significantly below expectations. At least nine Wall Street research firms responded to the guidance miss by downgrading the stock. "Big Data" software provider Tableau (DATA) similarly issued full-year guidance significantly below expectations and also fell sharply, tumbling 49.57% to $41.27. A number of companies that sell software to businesses fell in the wake of their reports, including Splunk (SPLK), Qlik Technologies (QLIK), NetSuite (N), Salesforce (CRM) and Workday (WDAY). MAJOR MOVERS: Among the notable gainers following their earnings reports were packaged foods maker Post Holdings (POST), which gained 11.14% to $63.83, and meat producer Tyson Foods (TSN), which advanced Among the noteworthy losers was Lionsgate (LGF), falling 27% to $18.57 after its third quarter revenue and earnings declined, which the company attributed to the performance of its theatrical film slate. Lionsgate's post-earnings pullback also weighed on Starz (STRZA), which fell 22.2%. Bloomberg reported earlier in the week, citing sources, that Lionsgate had restarted talks to possibly acquire Starz. Also lower following their earnings reports were shares of Redbox parent Outerwall (OUTR), which fell 17.28%, and Hanesbrands (HBI), which slid 15.1%. INDEXES: The Dow fell 211.75, or 1.29%, to 16,204.83, the Nasdaq lost 146.42, or 3.25%, to 4,363.14, and the S&P 500 declined 35.43, or 1.85%, to 1,880.02.
09:51 EDTSTRZALionsgate says cannot talk specifically about Starz
Subscribe for More Information
08:26 EDTFINLFinish Line coverage assumed with a Neutral at Credit Suisse
Subscribe for More Information
05:35 EDTATVIActivision Blizzard implied volatility of 48 at upper end of index mean range
Subscribe for More Information
February 3, 2016
18:53 EDTSTRZALionsgate restarts talks to acquire Starz, Bloomberg says
Subscribe for More Information
15:50 EDTSTRZALionsgate restarts talks with Starz on possible acquisition, Bloomberg reports
Subscribe for More Information
February 1, 2016
07:38 EDTCPECallon Petroleum sees FY16 net daily production 11,500-12,000 BOE/d
Subscribe for More Information
07:36 EDTCPECallon Petroleum sees Q4 net daily production 10,500-10,700 BOE/d
Subscribe for More Information
January 27, 2016
16:23 EDTCNMDScopia Capital reports 5.9% stake in CONMED
Subscribe for More Information
16:09 EDTCNMDCONMED sees FY16 adjusted EPS $1.85-$1.95, consensus $1.80
Subscribe for More Information
16:07 EDTCNMDCONMED reports Q4 adjusted EPS 52c, consensus 51c
Reports Q4 revenue $191.0M, consensus $191.03M.

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