New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:00 EDTVPFG, ZQK, ITC, HLF, BEAV, TWER, LRCX, IP, ENTR, RTI, KBR, HUB.B, COLBDA Davidson introduces best ideas for 2013
DA Davidson's top ideas for 2013 include B/E Aerospace (BEAV), Columbia Banking (COLB), Entropic (ENTR), Herbalife (HLF), Hubbell (HUB.B), International Paper (IP), ITC Holdings (ITC), KBR (KBR), Lam Research (LRCX), Quicksilver (ZQK), RTI International (RTI), Towerstream Co (TWER), and Viewpoint Financial (VPFG).
News For B;IP;ITC;KBR;LRCX;ZQK;RTI;TWER;VPFG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 24, 2015
06:57 EDTKBRKBR awarded contract by G2 LNG
Subscribe for More Information
November 20, 2015
11:13 EDTLRCXIntel, semi equipment stocks rise following chip giant's guidance
Intel (INTC) is climbing after the chip maker said at its analyst day meeting yesterday that it expects its revenue to grow by a mid-single digit percentage in fiscal 2016, up from a decline of 1% this year. On the heels of yesterday's meeting, research firm JMP Securities upgraded its rating on the stock to Outperform, saying that the company's margins and revenue are poised to climb next year. WHAT'S NEW: After conducting checks at a trade show and investor event, JMP Securities analyst Alex Gauna wrote that Intel's outlook in the cloud has improved, while its execution risk has dropped. Discussing Intel's outlook in the server chip market, Gauna wrote that the tech giant "has made significant strides" with its Xeon, Xeon Phi and Atom chips, even as rival ARM-based servers are growing more slowly than expected. Moreover, Intel is benefiting from the strong performance of its 2-in-1 notebooks, data center offerings, and enterprise PCs, Gauna reported. He believes that the chip maker's earnings are bottoming, while its revenue and margins are poised to rebound next year. Gauna raised his fiscal 2016 earnings per share estimate for the company to $2.45 from $2.10. Analysts' consensus estimate is $2.35. Gauna set a $45 price target on Intel. WHAT'S NOTABLE: Noting that Intel had predicted that its capital spending would jump 37% in 2016, KeyBanc said that this news is positive for semiconductor equipment stocks. According to the firm, Applied Materials (AMAT), Lam Research (LRCX) and Nanometrics (NANO) all have high exposure to Intel. It recommended that investors buy those stocks. PRICE ACTION: In late morning trading, Intel advanced 2% to $35, while Applied Materials rose fractionally, Lam Research gained 0.8%, Nanometrics added 1.7% and Rudolph Technologies (RTEC) jumped 4%.
10:00 EDTITCOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Acceleron (XLRN) initiated with an Outperform at Oppenheimer... CSRA (CSRA) initiated with an Outperform at Cowen... HP Enterprise (HPE) initiated with a Neutral at Baird... Hortonworks (HDP) initiated with a Buy at Needham... IBM (IBM) initiated with an Outperform at JMP Securities... ITC Holdings (ITC) initiated with a Buy at Citi... Sucampo (SCMP) initiated with a Hold at Jefferies.
08:18 EDTLRCXChip equipment names have positive read through from Intel, says Pacific Crest
Subscribe for More Information
06:26 EDTITCITC Holdings initiated with a Buy at Citi
Citi analyst Praful Mehta started ITC Holdings with a Buy rating and $36 price target.
November 18, 2015
08:19 EDTLRCXRBC Capital to hold a tour
Subscribe for More Information
07:58 EDTIPVertical Research Partners to hold a conference
Global Materials Conference 2015 is being held in New York on November 18-19.
November 16, 2015
16:43 EDTLRCXGreenlight Capital added Apple, sold some SunEdison
Greenlight Capital gave a quarterly update on its stakes in a filing this afternoon. NEW STAKES: CNX Coal Resources (CNXC), Garmin (GRMN), Terraform Global (GLBL), and Liberty Global (LILA). INCREASED STAKES: Apple (AAPL), Michael Kors (KORS), Dillard's (DDS), UIL Holdings (UIL), and Twenty-First Century Fox (FOXA). DECREASED STAKES: SunEdison (SUNE), Micron (MU), Voya (VOYA), Applied Materials (AMAT), and SunEdison Semiconductor (SEMI). LIQUIDATED STAKES: Citizens Financial (CFG), Lam Research (LRCX), Spirit AeroSystems (SPR), Hertz (HTZ), and Macy's (M).
06:52 EDTKBRKBR signs engineering, procurement & construction contract for Magnolia project
KBR announced the signing of a major engineering, procurement and construction contract by Magnolia LNG for a liquefied natural gas facility at the Port of Lake Charles, Louisiana, USA. KBR will lead the KSJV joint venture with SK Engineering & Construction for execution of the project. The EPC contract covers the detailed engineering, procurement and construction of four LNG production trains each with design capacity of 2 million tonnes per annum, two 160,000 m3 full containment LNG storage tanks, LNG marine and ship loading facilities, and supporting infrastructure. The project will rely on innovative technology involving ammonia pre-cooling for the core liquefaction process, Optimized Single Mixed Refrigerant, developed by MLNG's parent company, LNG Limited, to achieve a lower cost, more efficient and more environmentally friendly plant. KSJV engineering and procurement services will commence immediately and subject to final regulatory approval, construction mobilization on the project is expected to begin the first quarter of 2016. Work on detailed design and early construction planning will proceed immediately under a Limited Notice to Proceed with final release expected in 2016.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use