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Stock Market & Financial Investment News

News Breaks
July 16, 2014
10:00 EDTBDRFF, TECD, SYT, SRC, SJW, RCI, PDS, PEG, MLNX, JBHT, INTC, IM, CMA, CSH, WDCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Beiersdorf (BDRFF) upgraded to Neutral from Sell at Goldman... Cash America (CSH) upgraded at Sterne Agee... Comerica (CMA) upgraded to Neutral from Underperform at Macquarie... Ingram Micro (IM) upgraded to Buy from Neutral at BofA/Merrill... Intel (INTC) upgraded to Buy from Neutral at UBS... J.B. Hunt (JBHT) upgraded to Outperform from Market Perform at Bernstein... Mellanox (MLNX) upgraded to Buy from Hold at Jefferies... PSEG (PEG) upgraded to Buy from Hold at Argus... Precision Drilling (PDS) upgraded to Buy from Hold at Deutsche Bank... Rogers Communications (RCI) upgraded to Hold from Sell at Canaccord... SJW Corp. (SJW) upgraded at RW Baird... Spirit Realty (SRC) upgraded to Overweight from Equal Weight at Morgan Stanley... Syngenta (SYT) upgraded to Outperform from Neutral at Credit Suisse... Tech Data (TECD) upgraded to Neutral from Underperform at BofA/Merrill... Western Digital (WDC) upgraded at RW Baird.
News For BDRFF;CSH;CMA;IM;INTC;JBHT;MLNX;PEG;PDS;RCI;SJW;SRC;SYT;TECD;WDC From The Last 14 Days
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August 29, 2014
18:24 EDTINTCIntel hires senior Qualcomm executive to bolster mobile business, Reuters says
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August 28, 2014
12:23 EDTIMMonexa signs distribution agreement with Ingram Micro
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August 27, 2014
07:45 EDTCMASterne Agee to hold a tour
Texas Bank Tour travels throughout Dallas visiting various banks on August 27-29.
07:23 EDTINTCIntel plans high-end 'smart bracelet,' Business Insider says
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07:11 EDTTECDTech Data price target raised to $73 from $70 at Brean Capital
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07:08 EDTCSHCash America announces exit of Mexico, Colorado markets
Cash America International announced that it has exited two non-strategic markets through the sale of its 47 pawn lending locations in Mexico and its 5 pawn lending locations in Colorado. The 47 locations in Mexico and the 5 locations in Colorado represent all of the company's stores in each of those markets. After the completion of these two transactions, the company will operate 864 lending locations in 21 states with $256.5 million in pawn loan balances, based on pawn loan balances outstanding as of June 30.
August 26, 2014
10:57 EDTRCINetflx slips after Emmy snub, competing Canadian service announced
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09:25 EDTSYTFarm Progress Companies to hold a show
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09:01 EDTRCIRogers, Shaw to launch new streaming service in Canada
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07:20 EDTINTCTablets seen declining, notebooks growing in 2014, DigiTimes says
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06:26 EDTINTCIntel looking to ship 25M tablet processors in 2H, DigiTimes reports
Intel is looking to ship 25M units of its tablet processors in 2H in a move to ship 40M units this year, sources from the upstream supply chain tell DigiTimes. The company shipped under 15M tablet processors in 1H. Reference Link
06:17 EDTTECDTech Data sees low to mid single-digit sales growth in Americas in Q3
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06:07 EDTTECDTech Data reports Q2 non-GAAP EPS $1.12, consensus 77c
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August 25, 2014
18:27 EDTWDCOn The Fly: After Hours Movers
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16:17 EDTWDCWestern Digital CFO Leyden to retire, Olivier Leonetti to succeed
Western Digital (WDC) announced that CFO Tim Leyden is retiring. He is being succeeded by Olivier Leonetti, who has served as vice president, finance at Amgen (AMGN) from 2011. Leyden will remain with the company through January 2015 in a transition role and advisory capacity to president and chief executive officer Steve Milligan and to Leonetti for an interim period to ensure a smooth transition. The changes are effective as of September 8.
15:18 EDTTECDNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Best Buy (BBY), consensus 31c; Golar LNG (GLNG), consensus (7c); DSW (DSW), consensus 32c; Tech Data (TECD), consensus 77c; Sanderson Farms (SAFM), consensus $3.82; Movado (MOV), consensus 54c; Trina Solar (TSL), consensus 14c.
06:30 EDTINTCIntel, Chunghwa Telecom sign cooperation MOU for IoT, DigiTimes reports
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August 24, 2014
21:56 EDTINTCB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.
August 21, 2014
06:33 EDTPEGPJM proposal bullish data point for generators, says Deutsche Bank
Deutsche Bank notes PJM late Wednesday proposed capacity market reforms in response to poor reliability performance by generators. Deutsche views the proposal as a bullish data point for generators with a weighting towards highly reliable baseload capacity. The firm has Buy ratings on Exelon (EXC) and PSEG (PEG).
August 20, 2014
13:05 EDTINTCIntel and Unity collaborate to extend Android support across Intel-based devices
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