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Stock Market & Financial Investment News

News Breaks
March 21, 2013
10:06 EDTCHA, CP, WSM, CTP, CSCO, CHTR, BKW, LIFE, BFAM, JNPR, WETF, ORCL, ATUOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Outperform at RW Baird... Burger King (BKW) downgraded to Underperform from Neutral at BofA/Merrill... CTPartners (CTP) downgraded to Market Perform from Outperform at William Blair... Life Technologies (LIFE) downgraded to Neutral from Buy at Cowen... Oracle (ORCL) downgraded to Equal Weight from Overweight at Evercore... Williams-Sonoma (WSM) downgraded to Hold from Buy at Deutsche Bank... Wisdom Tree (WETF) downgraded to Buy from Conviction Buy at Goldman... Sanderson Farms (SAFM) downgraded to Neutral from Buy at Sidoti... Charter (CHTR) downgraded to Neutral from Buy at Guggenheim... Canadian Pacific (CP) downgraded to Buy from Conviction Buy at Goldman... Juniper (JNPR) downgraded to Underperform from Market Perform at FBR Capital... Cisco (CSCO) downgraded to Underperform from Market Perform at FBR Capital... Life Technologies (LIFE) downgraded to Neutral from Buy at Cowen... China Telecom (CHA) downgraded to Neutral from Overweight at JPMorgan... Bright Horizons (BFAM) downgraded to Hold from Buy at Stifel.
News For ATU;LIFE;CTP;ORCL;BKW;WSM;WETF;CHTR;CP;JNPR;CSCO;CHA;BFAM From The Last 14 Days
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December 9, 2014
10:35 EDTBKWTim Hortons to host special shareholder meeting
Special Shareholder Meeting to vote upon the proposed arrangement with Burger King Worldwide is being held on December 9 at 10 am. Webcast Link
10:23 EDTJNPR, CSCOOn The Fly: Analyst Initiation Summary
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09:38 EDTWETFWisdomTree downgraded to Neutral from Buy at Sidoti
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08:19 EDTCSCOCisco outlook has improved, says RBC Capital
RBC Capital believes that Cisco's negative catalysts are diminishing. The firm thinks the stock is being boosted by its successful efforts to keep its gross margin at or above the 61%-62% range, as well as a rebound in its switching business. RBC recommends buying the stock on dips and keeps a $29 price target and Outperform rating on the name.
07:41 EDTCSCOBarclays to hold a conference
Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 9 at 10:40 am; not all company presentations may be webcasted. Webcast Link
07:22 EDTJNPRBMO Capital to hold a conference
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06:39 EDTJNPRJuniper initiated with a Neutral at Wedbush
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06:39 EDTCSCOCisco initiated with an Outperform at Wedbush
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December 8, 2014
18:58 EDTCTPCTPartners says EEOC complaint does not have merit
CTPartners is aware that a complaint by a former employee has been submitted to the Equal Employment Opportunity Commission, or EEOC. CTPartners takes all allegations of discrimination very seriously. As soon as the firm was informed of concerns by an employee earlier this year, the COO undertook a comprehensive investigation, along with external counsel. Based on that investigation, the company believes that the claim does not have merit.
18:43 EDTCTPCTPartners Executive Search announces withdrawal of public offering
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12:40 EDTCSCOUS Supreme Court to hear appeal in patent fight with Cisco
The U.S. Supreme Court has agreed to hear an appeal of a controversial appeals court decision that set aside a $63.8M patent infringement verdict won by The Woodlands, Texas-based Commil USA LLC against Cisco
10:00 EDTCPOn The Fly: Analyst Downgrade Summary
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08:40 EDTCSCODeutsche Bank and Cisco to host a conference call
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08:02 EDTCSCOAruba says NHS replaces Cisco network with Aruba wireless infrastructure
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07:49 EDTCSCOArista Networks lawsuit not as threatening as believed, says SunTrust
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07:32 EDTCSCORaymond James to hold a conference
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07:10 EDTCTPCTPartners files to sell 1.1M shares of common stock
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07:03 EDTCSCOArista Networks patent resolution likely 2-3 years away, says Citigroup
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06:47 EDTBKWBurger King coverage resumed with a Buy at Goldman
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05:40 EDTCPCanadian Pacific downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Canadian Pacific Railway to Neutral saying uncertainty around lower oil prices should drive a reduced multiple for shares. Goldman cut its price target for the rail operator to $202 from $223, but points out the company's crude business has yet to be impacted from lower oil prices. CP shares closed Friday down $2.57 to $191.58.
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