New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:00 EDTRTI, KBR, HUB.B, COLB, VPFG, ZQK, ITC, HLF, BEAV, TWER, LRCX, IP, ENTRDA 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.
1 | 2 | all recent news | >>
December 18, 2014
07:14 EDTVPFGViewPoint Financial upgraded to Strong Buy from Outperform at Raymond James
Subscribe for More Information
06:32 EDTLRCXLam Research upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
December 17, 2014
11:01 EDTKBRBalyasny Asset reports 5.57% passive stake in KBR
December 16, 2014
08:44 EDTZQKQuiksilver shares becoming more attractive, says Roth Capital
Subscribe for More Information
December 14, 2014
17:21 EDTLRCXNasdaq announces annual re-ranking of the NASDAQ-100
The NASDAQ OMX Group (NDAQ) announced the results of the annual re-ranking of the NASDAQ-100 (NDX), which will become effective prior to market open on Monday, December 22. The following three companies will be added to the Index: American Airlines Group (AAL), Electronic Arts (EA) and Lam Research (LRCX). As a result of the revision in the index methodology allowing multiple share classes of index participants to be included in the index, the following three securities will also be added to the index: Comcast Corporation Class A Special (CMCSK), Twenty-First Century Fox Class B (FOX) and Liberty Global plc Class C (LBTYK). As a result of the re-ranking, the following three companies will be removed from the Index: Expedia (EXPE), F5 Networks (FFIV) and Maxim Integrated Products (MXIM).
December 11, 2014
16:13 EDTZQKQuiksilver sees Q1 revenue $340M, consensus $384M
Subscribe for More Information
16:12 EDTZQKQuiksilver sees FY15 revenues $1.48B-$1.55B, consensus $1.62B
Sees FY15 gross margins 49.5%-51%, pro-forma Adjusted EBITDA $80M-$90M, and capital expenditures to be below $25M.
16:08 EDTZQKQuiksilver reports Q4 EPS (29c), consensus (11c)
Subscribe for More Information
15:13 EDTZQKNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Adobe Systems (ADBE), consensus 30c; Quiksilver (ZQK), consensus (11c); Nordson (NDSN), consensus $1.13; Dominion Diamond (DDC), consensus 27c.
09:24 EDTKBRKBR says looks to reduce annual operating expenses by $200M by 2016
Subscribe for More Information
08:08 EDTKBRKBR sees pre-tax charge of $800M-$1B related to restructuring
Effective December 31, 2014, KBR, Inc. will be reorganized into three new businesses. The actions are expected to strengthen KBR's balance sheet by addressing and exiting under-performing and non-strategic businesses. The company expects to realize annual operating cost savings of $200M by 2016, but anticipate taking a pre-tax charge ranging from $800M-$1B, the majority of which will be non-cash. The company currently has a cash balance of approximately $1B and has received approval from its lenders to amend its credit facility for the impact of the anticipated charge.
08:06 EDTKBRKBR to divest or exit several non-strategic businesses
KBR announced the results of a major Strategic Review which will see the company become a more streamlined, empowered and accountable global organization. Effective December 31, 2014, KBR, Inc. will be reorganized into three new businesses that will focus on core strengths in consulting, technology, engineering and construction and government services: Technology & Consulting combines all proprietary KBR technologies, knowledge-based services and KBR companies Granherne, Energo and GVA under one customer-facing global business to provide licensed technologies and consulting services to the oil and gas value chain, for wellhead to crude refining and to specialty chemicals production. In addition to sharing many of the same customers, these businesses share their approach of early and continuous involvement to deliver the most optimal solution to meet the customer's objectives through early planning and scope definition, advanced technologies and project lifetime support. This focus allows early customer engagement and continuity through to full project delivery; Engineering & Construction is KBR's project delivery business. It will leverage our operational and technical excellence as a global provider of engineering, procurement, construction, commissioning and maintenance for oil and gas, refining, petrochemicals, chemicals and industrial customers. Through a regional structure, E&C has been designed to be closer to its customers and capable to execute global project delivery on a consistent basis throughout the world; Government Services will focus on long-term services contracts with annuity streams particularly for the United Kingdom, Australian and United States governments. KBR functions at a corporate level will be streamlined. This will result in a lean corporate office with responsibility for strategy and governance. As a result of this Strategic Review, KBR will be divesting or exiting the following non-strategic businesses as it works to streamline global operations and drive efficiency with a goal of reducing annual operating costs of at least $200M by 2016: Fixed Price EPC Power; Fixed Price EPC Infrastructure and U.S. Minerals; Building Group; and Fixed Price, stand-alone Construction. In addition, options for Canadian module fabrication and U.S. military deployed operations support businesses are still under consideration.
07:30 EDTRTIDA Davidson to hold a conference
6th Annual Aerospace & Industrials 1:1 Conference is being held in Boston on December 11.
December 10, 2014
07:40 EDTIPBofA/Merrill to hold a conference
2014 U.S. Basic Materials Conference is being held in Boston on December 10-11.
07:01 EDTVPFGViewPoint Financial receives regulatory approvals for merger with LegacyTexas
ViewPoint Financial announced that they have received all regulatory approvals required to complete their merger. After the satisfaction of customary closing conditions, including applicable waiting periods, ViewPoint and LegacyTexas plan to complete their merger on January 1, 2015. The merger, which has been unanimously approved by the boards of directors of both companies and by the stockholders of LegacyTexas, will result in one of the largest independent banks in the state of Texas, with 51 branches and pro forma assets of nearly $6B. Immediately following completion of the merger, ViewPoint will be known as LegacyTexas Financial Group and begin trading under the ticker symbol LTXB. The banking subsidiary will be known as LegacyTexas Bank, with branch and branding integration planned for February 2015.
December 9, 2014
10:19 EDTLRCXHigh option volume stocks
Subscribe for More Information
10:08 EDTLRCXHigh option volume stocks
Subscribe for More Information
December 8, 2014
12:00 EDTKBRKBR to host investor meeting
Investor meeting to be held in New York on December 11 at 9 am. Webcast Link
07:48 EDTLRCXLam Research price target raised to $92 from $80 at BofA/Merrill
Subscribe for More Information
06:58 EDTLRCXLam Research price target raised to $95 from $81 at Deutsche Bank
Subscribe for More Information
1 | 2 | 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