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Stock Market & Financial Investment News

News Breaks
July 7, 2014
10:00 EDTAYI, SEAS, SCCO, TCB, UTEK, VNTV, WEIGY, WNR, WSM, PETM, NCFT, KING, AIT, AMAT, ASBC, BBT, CSIQ, CENX, SCHW, DVN, IGTEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Acuity Brands (AYI) upgraded to Buy from Hold at BB&T... Applied Industrial (AIT) upgraded at BB&T... Applied Materials (AMAT) upgraded to Overweight from Neutral at JPMorgan... Associated Banc-Corp (ASBC) upgraded to Market Perform from Underperform at Raymond James... BB&T (BBT) upgraded to Outperform from Sell at CLSA... Canadian Solar (CSIQ) upgraded to Outperform at FBR Capital... Century Aluminum (CENX) upgraded to Neutral from Sell at Goldman... Charles Schwab (SCHW) upgraded to Market Perform from Underperform at Raymond James... Devon Energy (DVN) upgraded to Buy from Neutral at Citigroup... King Digital (KING) upgraded to Overweight from Neutral at Piper Jaffray... Norcraft (NCFT) upgraded at KeyBanc... PetSmart (PETM) upgraded to Equal Weight from Underweight at Morgan Stanley... SeaWorld (SEAS) upgraded to Buy from Neutral at Longbow... Southern Copper (SCCO) upgraded at BMO Capital... TCF Financial (TCB) upgraded to Market Perform from Underperform at Raymond James... Ultratech (UTEK) upgraded at BofA/Merrill... Vantiv (VNTV) reinstated with an Overweight from Equal Weight at Barclays... Weir Group (WEIGY) upgraded to Buy from Neutral at Citigroup... Western Refining (WNR) upgraded to Buy from Neutral at Citigroup... Williams-Sonoma (WSM) upgraded at BofA/Merrill... iGATE (IGTE) upgraded to Buy from Hold at Noble Financial.
News For AYI;AIT;AMAT;ASBC;BBT;CSIQ;CENX;SCHW;DVN;KING;NCFT;PETM;SEAS;SCCO;TCB;UTEK;VNTV;WEIGY;WNR;WSM;IGTE From The Last 14 Days
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October 23, 2014
15:39 EDTTCBNotable companies reporting before tomorrow's open
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13:12 EDTUTEKFollow-up: Ultratech upgraded to Buy at DA Davidson
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13:10 EDTUTEKUltratech upgraded to Buy from Neutral at DA Davidson
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11:22 EDTUTEKUltratech sees Q4 sequential revenue growth 30%-40% vs. last quarter
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10:01 EDTDVNOn The Fly: Analyst Initiation Summary
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10:01 EDTBBTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 3D Systems (DDD) downgraded to Hold from Buy at Brean Capital... Angie's List (ANGI) downgraded to Hold from Buy at Needham... Avalon Rare Metals (AVL) downgraded to Neutral from Buy at Citigroup... Axiall (AXLL) downgraded at Cowen... BB&T (BBT) downgraded to Neutral from Buy at Goldman... Boeing (BA) downgraded at Credit Suisse... Boulder Brands (BDBD) downgraded to Hold from Buy at Canaccord... Citrix (CTXS) downgraded to Hold from Buy at Drexel Hamilton... ClickSoftware (CKSW) downgraded to Hold from Buy at Lake Street... DTS, Inc. (DTSI) downgraded to Underweight from Neutral at JPMorgan... GulfMark Offshore (GLF) downgraded to Market Perform from Outperform at Cowen... Home Loan Servicing (HLSS) downgraded to Neutral from Buy at Compass Point... ICON plc (ICLR) downgraded to Equal Weight from Overweight at First Analysis... IPC The Hospitalist Co. (IPCM) downgraded to Market Perform at Wells Fargo... Melco Crown (MPEL) downgraded to Neutral from Buy at Nomura... Mercer (MERC) downgraded at Credit Suisse... ONEOK Partners (OKS) downgraded to Neutral from Buy at BofA/Merrill... Owens Corning (OC) downgraded to Neutral from Overweight at JPMorgan... Regency Energy Partners (RGP) downgraded to Neutral from Buy at BofA/Merrill... The Medicines Co. (MDCO) downgraded to Neutral from Buy at BofA/Merrill... Tupperware Brands (TUP) downgraded to Neutral from Overweight at JPMorgan... Union Bankshares (UBSH) downgraded at RW Baird... VOC Energy Trust (VOC) downgraded at RBC Capital... Yelp (YELP) downgraded to Hold from Buy at Stifel.
09:03 EDTUTEKUltratech reports Q3 EPS (23c), consensus 0c
Reports Q3 revenue $33.8M, consensus $46.1M
07:00 EDTDVNDevon Energy initiated with a Positive at Susquehanna
Target $75.
06:16 EDTPETMPetSmart attracts interest from KKR, NY Post reports
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05:38 EDTBBTBB&T downgraded to Neutral from Buy at Goldman
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October 22, 2014
09:53 EDTCSIQCredit Suisse Events at Solar Power International
Credit Suisse holds meetings in Las Vegas in conjunction with the Solar Power International Conference include ENPH, TSL, CSIQ, SCTY, JASO, HSOL and STRI on October 22.
06:12 EDTAMATKLA-Tencor removed from Focus List at Citigroup
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October 21, 2014
10:00 EDTDVNOn The Fly: Analyst Upgrade Summary
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08:29 EDTDVNDevon Energy upgraded to Accumulate from Neutral at Global Hunter
Global Hunter upgraded Devon Energy to Accumulate based on Permian execution, favorable risk/reward, and the potential drop-down of its Canadian pipeline assets into its MLP. Price target lowered to $68 from $80 based on based on a lower commodity price outlook.
07:08 EDTCSIQUBS to hold meetings at Solar Power International
Meetings at Solar Power International are being held in Las Vegas on October 21-23.
06:17 EDTBBTBB&T management to meet with Jefferies
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October 20, 2014
12:03 EDTKINGKing Digital launches Candy Crush Soda Saga worldwide on Facebook
Earlier today, King Digital Entertainment (KING) announced that Candy Crush Soda Saga, the sister title to hit game Candy Crush Saga, has launched worldwide on Facebook (FB). Candy Crush Soda Saga is the next iteration in the Candy Crush franchise, set in the world of the Candy Kingdom. Fans of the original hit can now switch and match their way through new dimensions of gameplay with exciting new graphics and features including game modes, candy combinations, gameplay mechanics and more. Candy Crush Soda Saga is set to launch on mobile in the coming weeks.
09:04 EDTAYIAcuity Brands builds engineering facility in Decatur, GA
Acuity Brands announced it will build an engineering and technology center at a site it owns in Decatur, Georgia, and will invest in facility upgrades at its complex in Conyers Georgia, as part of a plan to enhance a workplace that will drive innovation and technology advances. In the Decatur project, the Company will retrofit an existing 167,000 square-foot building to become its new Engineering and Technology Center. The building, located at One Lithonia Way, will undergo a total transformation that will incorporate leading workplace design, technology and systems into the new facility. The goal is to continue to provide and accelerate an open work environment that enhances collaboration, sparks innovation, and helps associates bring new technologies even more quickly to market. The $11 million project will begin immediately, with completion scheduled for mid-2015. Acuity Brands will relocate approximately 200 software and electrical engineers, technologists and support staff to the new Decatur facility from its Conyers location once construction is completed. In Conyers, beginning later this year and over the next several years, Acuity Brands will make significant investments in redesigning and retrofitting the four main buildings on its campus to include open workspace design, new infrastructure and enabling technologies, as well as new furnishings.
07:22 EDTCSIQSolar Energy Trade Shows to hold a conference
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07:19 EDTCSIQJPMorgan says recent sell-off in solar space unjustified
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