New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 20, 2014
07:24 EDTPWR, SHOR, SWN, TITN, TSCO, URS, MNRO, LAD, FAF, DXCM, CALD, BASStephens to hold a conference
Annual 1:1 West Coast Conference is being held in San Francisco on March 20.
News For BAS;CALD;DXCM;FAF;LAD;MNRO;URS;TSCO;TITN;SWN;SHOR;PWR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
October 15, 2014
09:01 EDTSWNSouthwestern Energy upgraded at BofA/Merrill
Subscribe for More Information
08:37 EDTSWNSouthwestern Energy upgraded to Buy from Neutral at BofA/Merrill
Subscribe for More Information
07:15 EDTBASBasic Energy initiated with a Buy at ISI Group
Target $25.
06:27 EDTLADLithia Motors upgraded to Overweight from Underweight at Morgan Stanley
Morgan Stanley upgraded Lithia Motors two notches to Overweight from Underweight based on favorable risk/reward, reset consensus expectations, and DCH execution risk appears to be reflected in shares. Price target lowered to $75 from $80.
October 14, 2014
09:03 EDTLADLithia Motors shares defended at Craig-Hallum
Subscribe for More Information
October 13, 2014
17:24 EDTURSS&P announces changes to the S&P MidCap 400 and S&P SmallCap 600 indices
Subscribe for More Information
17:17 EDTURSTanger Factory to replace URS Corporation in S&P 400 as of 10/17 close
Subscribe for More Information
16:28 EDTLADOn The Fly: Closing Wrap
Stocks on Wall Street spent most of today's quiet session see-sawing across the flat-line before dropping sharply in the final hour of trading and closing at their lows. The market opened in negative territory but soon made a move to the upside and appeared ready to break the recent market slide that has seen the S&P lose about 5% of its value. Before the averages gained significant steam, they reversed again and moved back into negative ground. The averages moved in a fairly narrow range for most of the afternoon, before accelerating to the downside with conviction in the final hour of trading. ECONOMIC EVENTS: In the U.S., no economic data of note was reported and banks and bond markets were closed in observance of the Columbus Day holiday. In China, the nation's customs administration reported a trade surplus of about $31B for September. Exports in the month increased 15.3% from a year earlier, beating expectations and making for the biggest monthly increase since February 2013. Imports rose 7%, significantly outpacing the consensus projection for a 2% decline. COMPANY NEWS: The Wall Street Journal reported that CSX (CSX) was approached by a larger rival, Canadian Pacific (CP), about a possible merger. However, Credit Suisse analyst Allison Landry wrote in a note to investors that a merger between the two would not be able to occur, due to high regulatory hurdles. Still, CSX rose $1.76, or 5.88%, to $31.70 following the Journal's report, while Canadian Pacific fell $4.40, or 2.32%, to $184.97... Shares of Fiat Chrysler Automobiles (FCAU) made their debut on the New York Stock Exchange and opened at $9 per share. The stock of the newly merged company closed trading down about 1% at $8.92... J.C. Penney (JCP) selected Marvin Ellison, who is currently executive vice president of stores at Home Depot (HD), to become its next CEO. The stock, which was also downgraded to Sell from Neutral at UBS this morning, spent much of the trading day in positive ground but moved lower late in the session and closed down 3c, or 0.42%, at $7.09. MAJOR MOVERS: Among the notable gainers was Alnylam (ALNY), which advanced $13.83, or 18.98%, to $86.68 after the company announced data from study of its treatment for patients with familial amyloidotic polyneuropathy and Piper Jaffray raised its price target on the stock to $133 from $101 citing the trial results. Among the noteworthy losers was AutoNation (AN), which fell $4.11, or 8.01%, to $47.21 after another company in the same sector, Lithia Motors (LAD), lowered its profit outlook for the third and fourth quarter and issued a lower than expected earnings forecast for fiscal 2015. Shares of Lithia, meanwhile, plunged $16.85, or 20.84%, to $64.01. Also lower were shares of GoPro (GPRO), which fell $8.38, or 9.85%, to $76.67 after a French journalist reported that the son of racing legend Michael Schumacher attributed the severity of his father's brain injury following a skiing accident on the GoPro camera mounted to his helmet. INDEXES: The Dow fell 223.03, or 1.35%, to 16,321.07, the Nasdaq dropped 62.58, or 1.46%, to 4,213.66, and the S&P 500 declined 31.39, or 1.65%, to 1,874.74.
11:55 EDTLADLithia Motors sinks after cutting profit forecasts
Subscribe for More Information
07:11 EDTLADLithia Motors sees FY15 EPS $5.60-$5.80, consensus $6.33
Subscribe for More Information
07:09 EDTLADLithia Motors sees 1Q15 EPS $1.18-$1.21
07:08 EDTLADLithia Motors sees FY14 new vehicle SSS up 9.5%
Subscribe for More Information
07:06 EDTLADLithia Motors sees FY14 EPS $4.86-$4.88, consensus $5.06
Subscribe for More Information
07:05 EDTLADLithia Motors sees Q4 EPS $1.17-$1.19, consensus $1.29
07:04 EDTLADLithia Motors reports preliminary Q3 EPS $1.30-$1.32, consensus $1.38
Subscribe for More Information
October 10, 2014
17:33 EDTLADLithia Motors acquires Harris Nissan
Lithia Motors has acquired Harris Nissan in Clovis, California. The store will be renamed Lithia Nissan of Clovis and will add $25M in estimated annual revenues.
06:02 EDTBASBasic Energy reports September well servicing rig count unchanged at 421
Basic Energy Services reported selected operating data for the month of September. Basic's well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 71,800 producing a rig utilization rate of 71%, compared to 74% and 69% in August 2014 and September 2013, respectively. During the month, Basic's fluid service truck count increased by 21 to 1,045. Fluid service truck hours for the month were 215,800 compared to 215,100 and 189,600 in August 2014 and September 2013, respectively. Drilling rig days for the month were 327 producing a rig utilization of 91%, compared to 83% and 74% in August 2014 and September 2013, respectively.
October 9, 2014
15:24 EDTSHORNotable companies reporting after market close
Subscribe for More Information
10:00 EDTBASOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Acuity Brands (AYI) upgraded at Oppenheimer... Agnico-Eagle (AEM) upgraded to Buy from Hold at Desjardins... Apple (AAPL) upgraded to Outperform from Perform at Oppenheimer... Bank of Montreal (BMO) upgraded to Buy from Hold at Canaccord... Basic Energy (BAS) upgraded to Hold from Underperform at Jefferies... BreitBurn Energy (BBEP) upgraded to Outperform from Perform at Oppenheimer... Golden Minerals (AUMN) upgraded at Roth Capital... Helmerich & Payne (HP) upgraded to Buy from Hold at Jefferies... II-VI (IIVI) upgraded to Buy from Neutral at DA Davidson... LivePerson (LPSN) upgraded at Credit Suisse... Luminex (LMNX) upgraded to Market Perform at Cowen... MGM Resorts (MGM) upgraded at Craig-Hallum... New Gold (NGD) upgraded to Buy from Hold at Desjardins... New Source Energy (NSLP) upgraded to Outperform from Perform at Oppenheimer... Pacific Coast Oil (ROYT) upgraded to Buy from Hold at Stifel... Pioneer Energy (PES) upgraded to Buy from Hold at Jefferies... Precision Drilling (PDS) upgraded to Strong Buy from Outperform at Raymond James... Randgold (GOLD) upgraded to Overweight from Neutral at HSBC... Resource Capital (RSO) upgraded to Buy from Hold at MLV & Co.... Toyota (TM) upgraded to Buy from Neutral at BofA/Merrill... Transocean (RIG) upgraded to Outperform from Sector Perform at Iberia... Universal Technical (UTI) upgraded to Outperform from Market Perform at Wells Fargo... Vulcan Materials (VMC) upgraded to Buy from Neutral at Longbow.
05:45 EDTBASBasic Energy upgraded to Hold from Underperform at Jefferies
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

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