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Stock Market & Financial Investment News

News Breaks
May 9, 2014
09:58 EDTTC, SSI, SAP, EDU, PGH, MNTA, NSLP, LPI, DECK, CPE, BWLD, BPTH, AVGOOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Avago (AVGO) reinstated with an Overweight at Barclays... Bio-Path Holdings (BPTH) initiated with a Buy at Maxim... Buffalo Wild Wings (BWLD) initiated with an Underperform at Buckingham... Callon Petroleum (CPE) assumed with a Buy at Brean Capital... Deckers Outdoor (DECK) initiated with an Outperform at Macquarie... Laredo Petroleum (LPI) assumed with a Buy at Brean Capital... Momenta Pharma (MNTA) initiated with a Buy at Maxim... New Oriental Education (EDU) initiated with an Overweight at JPMorgan... New Source Energy (NSLP) initiated with a Buy at Wunderlich... Pengrowth Energy (PGH) coverage assumed with a Sector Perform at RBC Capital... SAP (SAP) initiated with a Market Perform at BMO Capital... Stage Stores (SSI) initiated with a Buy at BofA/Merrill... Thompson Creek (TC) initiated with a Market Perform at BMO Capital.
News For AVGO;BPTH;BWLD;CPE;DECK;LPI;MNTA;EDU;NSLP;PGH;SSI;SAP;TC From The Last 14 Days
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January 21, 2015
08:38 EDTMNTAMomenta announces Supreme Court decision to remand generic Copaxone back to CAFC
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08:07 EDTSAPSAP price target lowered to $75 from $87 at Argus
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07:50 EDTDECKDeckers Outdoor weakness a buying opportunity, says Canaccord
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06:57 EDTTCThompson Creek downgraded to Hold from Buy at BB&T
06:13 EDTDECKDeckers Outdoor recent pullback overdone, says Citigroup
Citigroup views the 18% pullback in shares of Deckers Outdoor since mid-December as overdone. Citi continues to believe UGG is better positioned versus fashion footwear peers. It lowered its price target for shares to $95 from $105 to reflect reduced multiples in the space as well as currency headwinds. Citi keeps a Buy rating on Deckers.
05:05 EDTDECKDeckers Outdoor appoints David Lafitte as COO
Deckers Brands announced the appointment of David Lafitte to COO, effective February 2. Lafitte previously served as the company's general counsel. He replaces Zohar Ziv, who retired from the company on January 16.
January 20, 2015
16:15 EDTNSLPNew Source Energy sees FY15 oilfield services revenue $120M-$140M
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11:23 EDTDECKFollow-up: Deckers Outdoor downgraded at Buckingham
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11:16 EDTDECKDeckers Outdoor downgraded to Neutral from Buy at Buckingham
10:47 EDTDECKDeckers Outdoor down 5.3% to $81.88
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10:40 EDTMNTAMomenta Pharma sinks after Supreme Court rules on Copaxone
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09:33 EDTLPILaredo Petroleum says to cut workforce by approximately 75 employees
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09:18 EDTLPI, LPILaredo Petroleum upgraded to Outperform from Underperform at CLSA
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09:11 EDTSAPOn The Fly: Pre-market Movers
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08:29 EDTTCThompson Creek to hold a conference call
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07:15 EDTSAPSAP not interested in buying competitors Workday, Salesforce, Bloomberg reports
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05:46 EDTEDUNew Oriental Education sees Q3 revenue $279.8M-$290M, consensus $292.6M
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05:45 EDTEDUNew Oriental Education reports Q2 EPS 5c, consensus 7c
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05:25 EDTSAPSAP reports preliminary Q4 non-IFRS EPS EUR 1.31 vs. EUR 1.28 last year
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January 19, 2015
18:30 EDTTCThompson Creek reports Q4 Mount Milligan production 36.3K dry tonnes
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