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Stock Market & Financial Investment News

News Breaks
October 3, 2012
10:22 EDTSSYS, SMTC, DIN, AXL, THOR, CSX, NSC, AIZOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Axle (AXL) upgraded to Outperform from Sector Perform at RBC Capital... Assurant (AIZ) upgraded to Buy from Neutral at Goldman... CSX (CSX) upgraded to Market Perform from Underperform at Bernstein... DineEquity (DIN) upgraded to Buy from Neutral at Janney Capital... Norfolk Southern (NSC) upgraded to Market Perform from Underperform at Bernstein... Thoratec (THOR) upgraded to Buy from Neutral at UBS... Semtech (SMTC) upgraded to Buy from Neutral at Lazard Capital... Stratasys (SSYS) upgraded to Buy from Hold at Craig-Hallum.
News For AXL;AIZ;CSX;DIN;NSC;THOR;SSYS;SMTC From The Last 14 Days
Check below for free stories on AXL;AIZ;CSX;DIN;NSC;THOR;SSYS;SMTC the last two weeks.
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May 23, 2013
11:05 EDTNSCNorfolk Southern opens Knoxville TBT
Norfolk Southern opened its new $5.9M Thoroughbred Bulk Transfer terminal in Knoxville. "The Knoxville TBT is well-positioned to reach local markets as well as extend the reach of our TBT facility network even more effectively to serve markets such as Kingsport, Loudon, and Morristown in East Tennessee as well as Western North Carolina and Southwest Virginia," NS Group Vice President Scott McGregor said.
07:21 EDTAIZAssurant management to meet with SunTrust
Meeting to be held in Atlanta on May 23 hosted by SunTrust.
May 22, 2013
16:33 EDTSMTCSemtech sees Q2 adjusted EPS 50c-56c, consensus 53c
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16:31 EDTSMTCSemtech reports Q1 adjusted EPS 46c, consensus 46c
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11:59 EDTSMTCSemtech management to meet with B. Riley
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11:06 EDTAXLAuto industry rallies after Ford, Chrysler curtail summer breaks
Shares of Ford (F), Fiat (FIATY) and GM (GM) are climbing after Ford and Fiat's Chrysler subsidiary announced that they would curtail their factories' traditional two week summer hiatus. Shares of a number of auto parts makers are also advancing following the news. WHAT'S NEW: Ford said it would idle some of its plants for only one week this summer, down from the usual two weeks. Chrysler reported that it would keep three of its assembly plants open all summer, while four of its plants will close for just one week and almost all of its engine, transmission and stamping plants will not take any breaks, according to Automotive News. GM did not disclose its specific plans, the website added. TODAY'S PRICE ACTION: In mid-morning trading, Ford climbed 1.7% to $15.20, Fiat added 0.9% to $7.05, and GM rose 0.8% to $33.65. Among auto parts makers, American Axle (AXL) advanced 1.6% to $17, Johnson Controls (JCI) climbed 0.8% to $37.85, and Dana Holding (DAN) rose 1.2% to $18.80.
07:39 EDTNSCWolfe Trahan to host a conference
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May 21, 2013
11:40 EDTSSYSStratasys to host investor day
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07:23 EDTCSXWolfe Trahan to host a conference
6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23.
May 20, 2013
11:00 EDTSSYS3D printing companies rise after bullish analyst notes
Shares of 3D printing stocks are advancing after two analysts issued upbeat notes about a company in the sector, 3D Systems (DDD). WHAT'S NEW: A number of factors should cause 3D Systems' margins to rise, wrote Needham analyst James Ricchiuti in a note to investors earlier today. Meanwhile, demand for 3D Systems' products and services remains healthy, the analyst stated, adding that he is now more optimistic about the company's ability to beat earnings expectations going forward. Ricchiuti increased his price target on the stock to $52 from $42 and reiterated a Buy rating. Meanwhile, Maxim Group said it believes that 3D printing is in the early stages of adoption based on its review of a report on the sector. The firm raised its price target on 3D Systems to $54 from $44 and kept a Buy rating on the shares. PRICE ACTION: In mid-morning trading, 3D Systems rose 3.9% to $48.50, Stratasys (SSYS) climbed 4.2% to $91.70, and ExOne (XONE) gained 4.5% to $42.40.
10:11 EDTTHOROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel.
06:06 EDTTHORThoratec downgraded to Neutral from Buy at Goldman
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May 17, 2013
08:04 EDTTHORThoratec announces FDA approval of HeartMate II Pocket Controller
Thoratec announced that it has received approval from the FDA to market the HeartMate II Pocket Controller, the small, smart, safe face of the HeartMate II LVAD System.
May 16, 2013
10:03 EDTSSYSOn The Fly: Analyst Downgrade Summary
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10:02 EDTSSYSWilliam Blair gets cautious on 3D printer stocks after rally
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06:07 EDTSSYSStratasys downgraded to Underperform from Market Perform at William Blair
William Blair downgraded both 3D Systems (DDD) and Stratasys (SSYS) to Underperform citing valuations and unreasonable growth expectations.
06:06 EDTSSYS3D Systems downgraded to Underperform from Market Perform at William Blair
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May 15, 2013
10:07 EDTSSYSExOne tumbles after reporting weaker than expected results
Shares of 3D printer maker ExOne (XONE) are sinking after the company reported weaker than expected results last night. WHAT'S NEW: ExOne's first quarter earnings per share loss was higher than expected, and its revenue was lower than expected. Weakness in Europe slowed purchasing decisions by ExOne's customers in that region, the company's CEO S. Kent Rockwell said in a statement. However, the company reiterated its fiscal 2013 revenue guidance of $48M-$52M, and noted that it has continued to grow its customer base for product parts made by 3D printers. ANALYST REACTION: In a note to investors, Canaccord analyst Bobby Burleson recommended that investors use any weakness in 3D printer makers 3D Systems (DDD) and Stratasys (SSYS) as buying opportunities. ExOne is focused on selling very expensive machines, and its customer base is much less diversified than those of Stratsys and 3D Systems, Burleson wrote. Its results are more volatile than those of Stratasys and 3D systems, according to the analyst, who kept Buy ratings on both 3D Systems and Stratasys. TODAY'S PRICE ACTION: In early trading, Stratasys rose 1.3% to $91.40, 3D Systems gained 1.6% to $49.65, and ExOne tumbled 10% to $43.55. Another company in the sector, Proto Labs (PRLB), gave back 3.15% to $55.
09:19 EDTSSYSOn The Fly: Pre-market Movers
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07:33 EDTCSXNational Association of Business Economics to hos a conference
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