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Stock Market & Financial Investment News

News Breaks
May 29, 2014
15:33 EDTAVGO, SPLK, LGF, ESL, VEEVNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Avago Technologies (AVGO), consensus 76c; Splunk (SPLK), consensus (6c); Lions Gate (LGF), consensus 40c; Esterline Technologies (ESL), consensus $1.31; Veeva Systems (VEEV), consensus 5c.
News For AVGO;SPLK;LGF;ESL;VEEV From The Last 14 Days
Check below for free stories on AVGO;SPLK;LGF;ESL;VEEV the last two weeks.
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August 21, 2014
17:00 EDTAVGOAvago files to sell $1B of 2% convertible senior notes due 2021
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09:00 EDTAVGOSeveral semi companies have positive read through from deal, says Sterne Agee
After Infineon (IFNNY) bought International Rectifier (IRF), Sterne Agee thinks the deal indicates that the shares ofother players in the sector - including Spansion (CODE), NXP Semiconductors (NXPI), and Avago (AVGO) - can rise further. The firm keeps Buy ratings on the latter three stocks.
06:23 EDTSPLKSplunk price target lowered to $55 from $65 at Deutsche Bank
Deutsche Bank lowered its price target for Splunk (SPLK) shares to $55 from $65 ahead of the company's Q2 results on August 28 and says it prefers Tableau (DATA) on a relative basis. Deutsche, however, keeps a Buy rating on Splunk, noting that its recent user checks didn't pick up anything incrementally negative. The firm believes the Street is cautious on the stock into the results.
August 19, 2014
06:29 EDTAVGOMorgan Stanley remains a buyer of Avago
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August 18, 2014
10:29 EDTAVGOGoldman cuts sector view on semiconductors to Cautious
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08:04 EDTAVGOSemiconductors sector downgraded to Cautious from Neutral at Goldman
Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.
August 15, 2014
11:01 EDTLGFWWE, Lionsgate announce second film in deal, Lockdown
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August 14, 2014
17:46 EDTESLRelational Investors gives quarterly update on stakes
NEW STAKES: Whole Foods Market (WFM). INCREASED STAKES: Clean Harbors (CLH), Magnum Hunter Resources (MHR), Manitowoc (MTW), Esterline Technologies (ESL), and Yum! Brands (YUM). DECREASED STAKES: Bunge (BG), and Hologic (HOLX). LIQUIDATED STAKES: W.R. Grace & Co (GRA), and First American Financial (FAF).
05:52 EDTAVGOOpco sees Cicso results as favorable for supply chain
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August 13, 2014
17:38 EDTAVGOAvago to sell Axxia Networking Business to Intel for $650M
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August 11, 2014
12:53 EDTVEEVWellington reports 10.67% passive stake in Veeva
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06:26 EDTLGFLionsgate sues as 'Expendables 3' leaks, WSJ reports
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August 8, 2014
15:40 EDTLGFLionsgate management to meet with Piper Jaffray
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