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Stock Market & Financial Investment News

News Breaks
January 29, 2013
10:02 EDTBCEI, HXL, N, ELLI, CRM, ULTI, DGX, VNR, PRGX, NCLH, LH, CLH, AXSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AXIS Capital (AXS) initiated with a Market Perform at Raymond James... Clean Harbors (CLH) initiated with a Buy at BB&T... LabCorp (LH) initiated with a Perform at Oppenheimer... Norwegian Cruise Line (NCLH) initiated with a Buy at Stifel Nicolaus... PRGX Global (PRGX) initiated with an Outperform at RW Baird... Quest Diagnostics (DGX) initiated with an Underperform at Oppenheimer... Vanguard Natural (VNR) initiated with an Outperform at Raymond James... Ultimate Software (ULTI) initiated with a Buy at Maxim... Salesforce.com (CRM) initiated with a Buy at Maxim... Ellie Mae (ELLI) initiated with a Buy at Maxim... NetSuite (N) initiated with a Hold at Maxim... Hexcel (HXL) initiated with a Buy at Topeka... Bonanza Creek (BCEI) initiated with an In-Line at Imperial Capital.
News For AXS;CLH;LH;NCLH;PRGX;VNR;DGX;ULTI;CRM;ELLI;N;HXL;BCEI From The Last 14 Days
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July 22, 2014
15:07 EDTCRMEarnings Preview: Microsoft to report after Nadella makes big job cuts
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07:08 EDTDGXLife Sciences highlights this week at Canaccord
Canaccord highlighted six diagnostic names that report this week and recommends buying Top Pick IDEXX (IDXX) into the print given strong recurring razor/razorblade sales and consistent organic growth. The analyst expects Hold rated Quest Diagnostics (DGX) to report upside to Street estimates of $1.06/$1.882B, Quidel (QDEL) to have an uneventful report, Exact Sciences (EXAS) to provide an update on numerous catalysts near-term and Abaxis (ABAX) to report earnings below consensus. Lastly, the firm is cautious on Meridian Bioscience (VIVO) following a competitor report last week.
July 21, 2014
16:12 EDTHXLHexcel says on track for end of 2017 sales goal $2.5B
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16:11 EDTHXLHexcel raises 2014 adjusted EPS outlook to $2.06-$2.14 from $2.00-$2.12
Consensus $2.13. Sees 2014 revenue $1.81B-$1.86B vs. previous $1.80B-$1.88B, consensus $1.86B.
16:10 EDTHXLHexcel reports Q2 EPS 55c, consensus 55c
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08:09 EDTLHLabCorp price target raised to $130 from $120 at Maxim
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July 18, 2014
12:04 EDTLHLabCorp pullback a buying opportunity, says Maxim
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11:25 EDTLHPiper awaits notable volume recovery to get more positive on LabCorp
Piper Jaffray views LabCorp's in-line quarter as positive and said restored TRICARE coverage may provide added upside, but the firm would like to see notable lab volume recovery and a pullback in the shares before becoming more positive on the stock. Piper raised its price target on the stock to $99 from $98 and maintains its Neutral rating on LabCorp.
06:43 EDTLHLabCorp raises FY14 adjusted EPS to $6.50-$6.75 from $6.40-$6.70
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06:43 EDTLHLabCorp: Q2 sales increase due to test volume
Total test volume increased 5.3%, while revenue per requisition decreased 2.0% due to test and payer mix. Reports Q2 operating income $246.7M, operating cash flow $207.4M, free cash flow $159M
06:41 EDTLHLabCorp reports Q2 adjusted EPS $1.84, consensus $1.77
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July 17, 2014
09:34 EDTLHLabCorp upgraded to Outperform from Market Perform at William Blair
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09:10 EDTNNetSuite acquires London-based Venda
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06:27 EDTAXSPlatinum Q2 may turn reinsurance sentiment negative, says Citigroup
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July 16, 2014
18:03 EDTCRMCoca-Cola Enterprises may diversify into IT applications, WSJ says
Coca-Cola Enterprises (CCE) is planning on selling information products that it has developed for its internal use, says the Wall Street Journal. Coca-Cola Enterprises is developing an application on a Salesforce.com (CRM) platform that it may begin selling this year or next, added the Wall Street Journal. Reference Link
08:24 EDTHXLHexcel weakness creates attractive entry point, says KeyBanc
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July 14, 2014
12:29 EDTNCLHNorwegian Cruise Line reaches agreemeent for two new cruise ships
Norwegian Cruise Line announced that it has reached an agreement with MEYER WERFT GmbH of Germany to build two new Breakaway-Plus class cruise ships for delivery in the second quarter 2018 and the fourth quarter 2019. Each ship will be 164,600 gross tons and include 4,200 passenger berths. The contract price for both ships is approximately euro 1.6 billion. The company has export credit financing in place for each ship, arranged and underwritten by KfW IPEX-Bank GmbH of Germany.
08:59 EDTLHLabCorp management to meet with Maxim
Field trip to company lab to be held in New Jersey on July 15 hosted by Maxim.
July 11, 2014
09:37 EDTCRMSalesforce.com agrees to acquire RelateIQ
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July 10, 2014
07:13 EDTNNetSuite weakness creates buying opportunity, says JMP Securities
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