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Stock Market & Financial Investment News

News Breaks
February 27, 2013
05:55 EDTBKS, BKS, WEN, WEN, SHLD, SHLD, RDC, RDC, ORN, ORN, KSS, KSS, IRM, IRM, DPZ, DPZ, CVC, CVC, WPX, WPXCompanies reporting Before the Market Open on Thursday, February 28
Notable companies reporting before the opening bell on Thursday include Barnes & Noble (BKS), Cablevision Systems (CVC), Domino's Pizza (DPZ), Iron Mountain (IRM), Kohl's (KSS), Orion Marine Group (ORN), Rowan Companies (RDC), Sears Holdings (SHLD), Wendy's (WEN), and WPX Energy (WPX).
News For BKS;CVC;DPZ;IRM;KSS;ORN;RDC;SHLD;WEN;WPX From The Last 14 Days
Check below for free stories on BKS;CVC;DPZ;IRM;KSS;ORN;RDC;SHLD;WEN;WPX the last two weeks.
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July 22, 2014
07:40 EDTDPZDomino's Pizza reports Q2 domestic SSS up 5.4%
Domestic same store sales grew 5.4% during the quarter versus the year- ago period, continuing the positive sales momentum in the Company's domestic business. The international division also posted strong results with same store sales growth of 7.7% during the quarter, marking the 82nd consecutive quarter of international same store sales growth. The Company had global net store growth of 133 stores in the Q2.
07:37 EDTDPZDomino's Pizza reports Q2 EPS 67c, consensus 66c
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July 21, 2014
16:08 EDTRDCBlue Harbour Group reports 6.5% stake in Rowan Companies
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July 18, 2014
10:03 EDTWENOn The Fly: Analyst Initiation Summary
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10:03 EDTIRMOn The Fly: Analyst Downgrade Summary
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08:42 EDTIRMIron Mountain downgraded at RW Baird
As previously reported, Baird downgraded Iron Mountain to Neutral from Outperform. The firm expects the REIT conversion will require significant capital commitments due to the high dividend, which will leave little capital for larger growth investments. Additionally, the analyst believe equity dilution risk is not fully appreciated. Price target lowered to $39 from $40.
08:17 EDTWENWendy's initiated with a Buy at Buckingham
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06:11 EDTIRMIron Mountain downgraded to Neutral from Outperform at RW Baird
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July 15, 2014
10:00 EDTRDCOn The Fly: Analyst Upgrade Summary
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08:03 EDTCVCPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
06:41 EDTRDCRowan Companies upgraded to Market Perform from Underperform at BMO Capital
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July 14, 2014
08:07 EDTIRMIron Mountain management to meet with JPMorgan
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July 10, 2014
07:14 EDTCVCAereo seeks to survive as cable system, WSJ says
Following its Supreme Court loss, Aereo is now arguing that it should be classified as a cable system and receive a compulsory license that would give it legal access to content and allow it to continue operating, reported The Wall Street Journal. Television broadcasters that own the copyrights in many of the programs that Aereo streams, including CBS (CBS), Disney (DIS), 21st Century Fox (FOXA), and Comcast (CMCSA), successfully sued the service for copyright infringement. In addition to Comcast, publicly-traded cable companies include Time Warner Cable (TWC), Cablevision (CVC), and Charter (CHTR). Reference Link
06:56 EDTBKSBarnes & Noble promises nursing-friendly stores, Reuters says
Barnes & Noble promised to make its locations friendly to nursing mothers as part of a settlement with New York State after a woman who was breastfeeding was asked to cover herself or leave one of its stores, according to Reuters, citing comments from a representative for the bookseller. The company plans to donate $10K to Rockland County’s Breastfeeding Promotion and Support Program in response to the situation. Reference Link
05:39 EDTORNOrion Marine remains encouraged about 2H14
Orion Marine remains encouraged about 2H14 and beyond, as positive developments in its various end markets continue. As expected, utilization of some of the company's assets declined sequentially in the second quarter due to the accelerated completion of projects in the first quarter, as well as project starts that pushed out into Q3. The company also experienced slightly more than expected idle labor and idle equipment costs due to delays in project start dates. However, these jobs have now begun and, as previously discussed, the company expects to see a strong second half leading to positive results for FY14. During Q2, the company bid on approximately $429M worth of opportunities and was successful on approximately $113M, representing a win rate of approximately 26%. Additionally, the company currently has approximately $110M worth of bids outstanding, of which it is the apparent low bidder on approximately $10M. The company reminds investors that the timing and size of awards can and does affect the win rate in any particular quarter. The company has begun work on its $68M project with the Port of Houston Authority to widen and deepen the entrance channels leading to two container terminals in the Port of Houston. This project represents an important step taken by the Port of Houston to expand its facilities for larger ships eventually transiting through an expanded Panama Canal. The Port's ability to entirely self-fund the project also demonstrates that ports throughout our operating areas may be able to pursue alternative methods of funding capital improvements, rather than relying on an inconsistent federal budgeting process to provide the necessary funds. The private sector continues to drive sustained increases in equipment utilization for the company. As mentioned in the past, the demand for expanded waterside infrastructure from the private sector has largely been driven by energy related customers, private terminal developments and recreational dock infrastructure developments. Bid opportunities remain strong in this sector and are expected to continue for the foreseeable future.

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