New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 9, 2014
09:58 EDTTC, SAP, SSI, NSLP, EDU, PGH, MNTA, LPI, BWLD, DECK, CPE, 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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 >>
February 3, 2016
16:10 EDTBWLDBuffalo Wild Wings drops after results miss, levels to watch
Subscribe for More Information
16:10 EDTBWLDBuffalo Wild Wings says company-owned store SSS up 0.3% in first four weeks Q1
The company said, "Same-store sales increased 0.3% at company-owned restaurants and decreased 1.5% at franchised locations for the first four weeks of the first quarter of 2016, compared to increases of 12.7% and 12.4%, respectively, for the same period last year. We're currently running a new national TV commercial and are looking forward to a fully-integrated campaign for college basketball. Our restaurants continue their commitment to operational excellence and are focused on the beer experience, lunch, and takeout as sales-driving initiatives for 2016."
16:09 EDTBWLDBuffalo Wild Wings sees FY16 EPS $5.95-$6.20, consensus $6.48
Subscribe for More Information
16:08 EDTBWLDBuffalo Wild Wings reports Q4 EPS $1.32, consensus $1.48
Reports Q4 revenue $490.2M, consensus $507.23M. Same-store sales grew 1.9% at company-owned restaurants and 0.1% at franchised restaurants. The company estimates the holiday shifts for Halloween and Christmas negatively impacted Q4 same-store sales by 30 basis points.
14:48 EDTBWLDNotable companies reporting after market close
Subscribe for More Information
13:10 EDTBWLDBuffalo Wild Wings selloff an overreaction, says Sterne Agee CRT
Subscribe for More Information
12:24 EDTBWLDOn The Fly: Top stock stories at midday
Stocks on Wall Street began the day in positive territory thanks in part to higher oil prices, dovish comments from NY Fed Governor Bill Dudley and a positive jobs report from ADP. The early gains were short lived, as the market saw its highest prices at the open and then drifted lower, gaining downside momentum after two reports on the services sector both pointed to a deceleration. After the Dow lost more than 100 points, the market found a level and bounced back, leaving the averages lower but off their worst levels near noon. ECONOMIC EVENTS: In the U.S., ADP estimated that private payrolls grew by 205,000 jobs in January, topping the consensus forecast for 190,000 job additions. Markit's services PMI came in at 53.2, versus the consensus 53.7 forecast. The Institute for Supply Management's non-manufacturing index came in at 53.5 for January, down from 55.3 in the previous month and below the 55.1 reading forecast by analysts. In Asia, the Caixin services PMI for China climbed to 52.4 in January from 50.2 in December, while Japan's services PMI rose to 52.4 from 51.5 in the prior month. Additionally, China's National Development and Reform Commission set its economic growth projection range for this year at 6.5%-7%, noting that attempts to curb overcapacity will increase unemployment in provinces with high output of steel and coal. In Europe, Markit's composite purchasing managers index for January declined to 53.6 from 54.3 in December. COMPANY NEWS: Shares of Yahoo (YHOO) declined 6% after the embattled Internet company reported fourth quarter results and announced plans to simplify its product portfolio and reduce its workforce by roughly 15%. Maynard Webb, Yahoo's Chairman, said the company's board is committed to its turnaround efforts and supportive of management's plan, but also believes that exploring additional strategic alternatives is in the best interest of its shareholders, though the acknowledgment that the company will "engage on qualified strategic proposals" did little to boost its shares this morning... Chipotle Mexican Grill (CMG) fell 4% after reporting lower than expected revenue and stating that its same-store sales had plunged more than 14% last quarter. Additionally, the burrito chain disclosed that it was served with a subpoena broadening the scope of the previously-announced criminal investigation that was limited to a single Chipotle restaurant in California. As Chipotle shares continue to get punished over the company's food safety issues, another stock was hit today by a similar fear, as Buffalo Wild Wings (BWLD) slid 6% after one of its locations was named as a suspected source of new cases of people suffering from norovirus-like symptoms in suburban Kansas City. However, the company said there "is no conclusive link to [its] restaurant being the source of the illness" and that the location reopened on Wednesday after a consultation with the health department... Merck (MRK) was one of the worst performers on the Dow, sliding nearly 3% after its earnings narrowly topped expectations but its guidance for the new fiscal year fell short of expectations. Among other large cap names reporting earnings this morning, Comcast (CMCSA) rose 4% following its report, while General Motors (GM) slid 4%. MAJOR MOVERS: Among the notable gainers was Autodesk (ADSK), which rallied more than 8% after it announced a restructuring plan that involves reducing its workforce by roughly 10%. Also higher were Energizer (ENR), Spectra Energy (SE), and Avery Dennison (AVY), which gained 15%, 7%, and 7%, respectively, after reporting quarterly earnings. Among the noteworthy losers was Lowe's (LOW), which fell 7% after it agreed to acquire Canada's RONA in a deal valued at $2.3B. Also lower were Mondelez (MDLZ), Match Group (MTCH), and MPLX (MPLX), which were down 7%, 14%, and 19%, respectively, after reporting quarterly earnings. INDEXES: Near midday, the Dow was down 13.22, or 0.08%, to 16,140.32, the Nasdaq was down 48.09, or 1.06%, to 4,468.85, and the S&P 500 was down 11.42, or 0.6%, to 1,891.61.
11:47 EDTBWLDBuffalo Wild Wings says no conclusive link to restaurant as source of illness
Subscribe for More Information
11:11 EDTBWLDBuffalo Wild Wings drops sharply
Subscribe for More Information
11:03 EDTBWLDOptions with increasing implied volatility: LC RAD CIEN ADSK BWLD
Subscribe for More Information
11:00 EDTEDUNew Oriental Education mentioned positively by Navellier
10:14 EDTBWLDBuffalo Wild Wings volatility increases into Q4 and outlook
Buffalo Wild Wings February call option implied volatility is at 78, March is at 54; compared to its 52-week range of 21 to 65, suggesting large near term price movement into the expected release of Q4 results today.
09:55 EDTBWLDBuffalo Wild Wings suspected as source of norovirus in KC, Food Safety News says
Subscribe for More Information
07:21 EDTSAPSAP to pay $3.9M settlement to SEC over Panama bribery charges, Reuters says
SAP will pay almost $3.9M to settle SEC charges related to a former executive's scheme to bribe Panama government officials in an effort to win technology contracts, Reuters reports. The SEC said that SAP's internal controls let Vicente Garcia, former vice president of global and strategic accounts responsible for Latin America sales, to pay $145,000 in bribes to a top Panamanian government official and offer bribes to two others in order to win contract orders, the report says. Reference Link
February 2, 2016
18:22 EDTAVGOBroadcom Limited assumed with a Buy at Goldman
Subscribe for More Information
05:36 EDTAVGOBroadcom Limited reinstated with an Overweight at Barclays
Barclays analyst Blayne Curtis reinstated Broadcom Limited with an Overweight rating and $170 price target. The analyst calls Broadcom on of his best ideas given its "unique combination of secular growth and best in class profitability."
February 1, 2016
09:47 EDTAVGOBroadcom Limited initiated with a Buy at Deutsche Bank
Subscribe for More Information
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
05:29 EDTEDUNew Oriental Education announces Tencent investment in Xun Cheng, Xun Cheng IPO
Subscribe for More Information
1 | 2 | 3 | 4 >>

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