New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 31, 2013
10:17 EDTAUDC, DB, TNTEY, ISIL, FIO, JDSU, ALGN, VALE, CLB, CTXS, IPAROn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Arthur J. Gallagher (AJG) upgraded to Buy from Neutral at BofA/Merrill... Arthur J. Gallagher (AJG) upgraded to Outperform from Market Perform at Keefe Bruyette... AudioCodes (AUDC) upgraded to Outperform from Perform at Oppenheimer... Citrix Systems (CTXS) upgraded to Buy from Neutral at BofA/Merrill... Core Laboratories (CLB) upgraded to Outperform from Market Perform at FBR Capital... MB Financial (MBFI) upgraded to Outperform from Market Perform at Keefe Bruyette... Vale (VALE) upgraded to Buy from Neutral at BofA/Merrill... Align Technology (ALGN) upgraded to Overweight from Equal Weight at Stephens... JDSU (JDSU) upgraded to Buy from Hold at Needham... Fusion-io (FIO) upgraded to Buy from Neutral at Lazard Capital... Intersil (ISIL)upgraded to Neutral from Underweight at JPMorgan... MB Financial (MBFI) upgraded to Buy from Hold at Stifel Nicolaus... Arthur J. Gallagher (AJG) upgraded to Overweight from Equal Weight at Stephens... TNT Express (TNTEY) upgraded to Conviction Buy from Neutral at Goldman... Deutsche Bank (DB) upgraded to Neutral from Underweight at JPMorgan... Inter Parfums (IPAR) upgraded to Buy from Neutral at B. Riley Caris.
News For AUDC;CTXS;CLB;VALE;ALGN;JDSU;FIO;ISIL;TNTEY;DB;IPAR From The Last 14 Days
Check below for free stories on AUDC;CTXS;CLB;VALE;ALGN;JDSU;FIO;ISIL;TNTEY;DB;IPAR the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 2, 2014
13:04 EDTJDSUFinisar retreats after analyst cuts on pricing, demand worries
Shares of optical components maker Finisar (FNSR) are falling after research firm Jefferies downgraded the stock to Hold from Buy in a note to investors today, citing pricing and demand concerns. WHAT'S NEW: After conducting checks, Jefferies analyst James Kisner wrote that Finisar is facing "brutal" prices for datacom optics, particularly in China. Prices for telecom components in North America are also challenging for Finisar, he reported. Various low-cost competitors are driving down prices for datacom optics, while AT&T (T) is trying to force optical systems vendors to cut the prices of their components by 40%, Kisner stated. Meanwhile, demand for mobile backhaul optics slowed significantly in China over the last month, and two of Finisar's customers - Cisco (CSCO) and Huawei - are exploring alternatives to Finisar's products, Kisner indicated. Additionally, Intel (INTC) and numerous start-ups may launch products that will compete with those of Finisar, potentially cutting into its market share beginning in the second half of 2015, the analyst warned. He cut his price target on the shares to $19 from $25. PRICE ACTION: In early afternoon trading, Finisar slumped 5.5% to $19. Other optical components makers also dropped, with Oclaro (OCLR) falling 1% to $1.75 and JDS Uniphase (JDSU) losing 2% to $11.30.
11:43 EDTVALEAnglo American open to takeover proposals, CEO says, WSJ reports
Subscribe for More Information
10:46 EDTVALEAnglo American CEO sees iron-ore prices under pressure, WSJ says
The CEO of miner Anglo American (AAUKY) Mark Cutifani said he is worried about the outlook for iron-ore, says the Wall Street Journal. In spite of concerns about an iron-ore glut, the company intends to press on with the Minas-Rio iron-ore project in Brazil , added the Wall Street Journal. Publicly traded companies in the space include Vale (VALE),Cliffs Natural Resources (CLF), Rio Tinto (RIO), and BHP Billiton (BHP). Reference Link
August 31, 2014
14:05 EDTCTXSDrexel Hamilton to hold a conference
Subscribe for More Information
13:57 EDTVALEDeutsche Bank to hold a conference
Global Emerging Markets 1:1 Conference to be held in New York on September 3-5.
August 28, 2014
06:35 EDTDBEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
06:27 EDTDBDeutsche Bank fined GBP4.7M by FCA for failing to properly report transactions
Subscribe for More Information
August 27, 2014
09:03 EDTDBDeutsche Asset & Wealth Management acquires 222 Broadway in New York City
Deutsche Asset & Wealth Managementís real estate investment business announced that it has acquired 222 Broadway in New York City for one of its investment funds, in conjunction with L&L Holding Company, a Manhattan-based owner/operator of Class A properties. 222 Broadway is a Class-A office and retail building, comprising 775,000 square feet in downtown Manhattan.
August 24, 2014
21:56 EDTJDSU, ISILB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.
August 22, 2014
16:42 EDTISILMarket finishes week higher on economic data, earnings
Subscribe for More Information
10:01 EDTIPAROn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:07 EDTIPARInter Parfums upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
August 21, 2014
12:50 EDTDBDeutsche Bank divests natgas trading book to Morgan Stanley, Reuters says
Subscribe for More Information
11:13 EDTISILShares of Semtech up as Bloomberg says company positioned for good fortune
Subscribe for More Information
09:07 EDTISILOn The Fly: Pre-market Movers
Subscribe for More Information
07:09 EDTISILInfineon deal positions Intersil, Semtech for good fortune, Bloomberg says
Subscribe for More Information
August 20, 2014
11:47 EDTISILOptions with increasing implied volatilit
Subscribe for More Information

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