New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 16, 2014
09:59 EDTTST, IBTX, CBK, AMG, WLL, TROW, BEN, CLMT, AXS, TISA, IVZ, CIO, BLKOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AXIS Capital (AXS) initiated with an Outperform at JMP Securities... Affiliated Managers (AMG) initiated with a Buy at Deutsche Bank... BlackRock (BLK) initiated with a Buy at Deutsche Bank... Calumet Specialty Products (CLMT) initiated with a Buy at Ladenburg... Christopher & Banks (CBK) initiated with a Buy at Buckingham... City Office REIT (CIO) initiated with a Buy at Wunderlich... Franklin Resources (BEN) initiated with a Hold at Deutsche Bank... Independent Bank (IBTX) initiated with a Buy at Sterne Agee... Invesco (IVZ) initiated with a Hold at Deutsche Bank... T. Rowe Price (TROW) initiated with a Buy at Deutsche Bank... TheStreet (TST) initiated with a Buy at B. Riley... Top Image Systems (TISA) initiated with a Buy at Roth Capital... Western Union (WU) initiated with a Sell at Berenberg... Whiting Petroleum (WLL) assumed with a Buy at Brean Capital.
News For AXS;AMG;BLK;CLMT;CBK;CIO;BEN;IBTX;IVZ;TROW;TST;TISA;WLL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 21, 2014
10:00 EDTBLKOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Best Buy (BBY) upgraded to Outperform from Market Perform at Telsey Advisory... BlackRock (BLK) upgraded to Outperform from Market Perform at Bernstein... Cerner (CERN) upgraded to Outperform from Market Perform at Cowen... Community Health (CYH) upgraded to Outperform from Market Perform at Raymond James... Lockheed Martin (LMT) upgraded to Neutral from Sell at UBS... Teekay Offshore Partners (TOO) upgraded to Buy from Neutral at Citigroup... Trinity Industries (TRN) upgraded to Buy from Neutral at Longbow... Zebra Technologies (ZBRA) upgraded to Overweight from Neutral at JPMorgan... Ross Stores (ROST) upgraded to Hold from Sell at Maxim... St. Jude Medical (STJ) upgraded to Outperform from Market Perform at Cowen... Wolverine World Wide (WWW) upgraded to Buy from Neutral at DA Davidson... D.R. Horton (DHI) upgraded to Market Perform from Underperform at Raymond James... KB Home (KBH) upgraded to Market Perform from Underperform at Raymond James... Sony (SNE) upgraded to Overweight from Neutral at JPMorgan.
08:53 EDTBENFranklin Resources downgraded at Bernstein
As noted earlier, Bernstein downgraded Franklin Resources to Market Perform from Outperform. As reasons for the downgrade, the firm cited slowing fundamental momentum and lack of visibility and catalysts. Target to $60 from $65.
08:50 EDTBLKBlackRock upgraded at Bernstein
Subscribe for More Information
November 20, 2014
16:09 EDTBENFranklin Resources downgraded to Market Perform from Outperform at Bernstein
Subscribe for More Information
16:09 EDTBLKBlackRock upgraded to Outperform from Market Perform at Bernstein
Subscribe for More Information
07:11 EDTBLKBofA/Merrill to hold a conference
Subscribe for More Information
November 14, 2014
06:05 EDTCIOCity Office REIT reports Q3 core FFO 27c, may not compare to one estimate (6c)
Subscribe for More Information
November 12, 2014
09:36 EDTBLKInformation Management Network to hold a symposium
Private Label RMBS Reform Symposium is being held in New York on November 12.
07:28 EDTAMGBofA/Merrill to hold a conference
Subscribe for More Information
06:50 EDTBLKBlackRock to reorganize sales force, Reuters reports
BlackRock is dividing its sales force into two groups: wirehouses and independent broker dealers, starting in January, according to Reuters, which cited a memo it obtained. The company also hired Lee Beck, a former managing director with J.P. Morgan Funds, to oversee sales to wirehouses, the news service stated. Reference Link
November 11, 2014
16:12 EDTIVZInvesco reports preliminary AUM $790.3B as of October 31
Subscribe for More Information
November 10, 2014
16:40 EDTBENFranklin Resources reports $898.4B under management at October 31
Subscribe for More Information
08:41 EDTTISATop Image Systems sees Q4 revenue $10.5M-$11.5M, consensus $11.56M
Michael Schrader, CEO, Top Image Systems, commented, "As we discussed on last quarter's conference call, in Q3, TIS incurred significant one-time expenses related mostly to transaction expenses, PMI costs, and accrual policy changes as well as to the legal fees related to the settlement of litigation with Mitek. The company expects to return to a more normalized expense level and profitability in the fourth quarter and projects that revenues will range between $10.5M-$11.5M and expenses will range between $9.3M-$9.7M."
08:40 EDTTISATop Image Systems reports Q3 EPS (10c), consensus (1c)
Subscribe for More Information
07:08 EDTBLKCredit Suisse to hold a conference
2014 Boston Financials 1:1 Conference to be held in Boston on November 10-11.

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