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Stock Market & Financial Investment News

News Breaks
May 30, 2014
10:17 EDTJNPR, CEO, BAS, GLNG, OVTI, STLD, BLOX, SPLK, REGI, SAMHigh option volume stocks
High option volume stocks: BLOX BAS SAM STLD CEO REGI OVTI JNPR SPLK GLNG
News For BLOX;BAS;SAM;STLD;CEO;REGI;OVTI;JNPR;SPLK;GLNG From The Last 14 Days
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August 27, 2015
16:05 EDTSPLKSplunk reports Q2 adjusted EPS 3c, consensus 2c
Reports Q2 revenue $148.3M, consensus $140.31M.
14:58 EDTSPLK, OVTINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Autodesk (ADSK), consensus 17c... ULTA Beauty (ULTA), consensus $1.12... Splunk (SPLK), consensus 2c... GameStop (GME), consensus 25c... Veeva (VEEV), consensus 11c... OmniVision (OVTI), consensus 39c... Aeropostale (ARO), consensus (55c).
10:00 EDTCEOOn The Fly: Analyst Upgrade Summary
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08:09 EDTCEOCNOOC upgraded to Outperform from Neutral at Credit Suisse
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August 26, 2015
18:13 EDTGLNGGolar LNG sees shipping fleet utilizaton improving in Q3 vs. Q1
Golar reports that the lower gas price environment is triggering lower cost LNG production and the company believes this will create additional demand for the GoFLNG concept. A significant share of growth in the LNG market over the coming years is expected to come from LNG replacing coal and oil based power generation. The LNG shipping market remains under pressure and rates so far in 3Q have remained at levels around $25K-$30K per day. Utilization of the shipping fleet has however improved in Q3 versus Q1, the company added. The end of the commitment linked to Golar Eskimo and an improvement in utilization is likely to result in a solid improvement in Q2 operating results, according to the company.
18:10 EDTGLNGGolar LNG reports Q2 interim time and voyage charter revenues $16.92M
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10:11 EDTSTLDHigh option volume stocks
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August 25, 2015
14:43 EDTOVTIOmniVision volatility elevated into Q1 and outlook
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09:36 EDTCEOCNOOC upgraded to Buy from Hold at Societe Generale
08:20 EDTSPLKSplunk August weekly volatility elevated into Q2 and outlook
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August 24, 2015
17:12 EDTREGIRenewable Energy files to sell 1.675M shares of common stock for holders
09:19 EDTSPLKSplunk downgraded to Hold at Summit Research on expected tech correction
As previously reported, Summit Research analyst Srini Nandury downgraded Splunk to Hold from Buy. Nandury noted that the downgrade is not a call on the company's Q2 results, as he believes Splunk's momentum "continues unabated" and that its fundamentals are intact. However, the analyst tells investors this morning that he thinks tech stocks "are in for a major correction" and that "high flyers" like Splunk will see their multiples compress more than other tech names. Nandury cut his price target on Splunk shares to $50 from $84, stating that to remain at current levels, Splunk has to not only beat estimates "handily" but also must guide up "significantly."
09:18 EDTSPLKOn The Fly: Pre-market Movers
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08:10 EDTSPLKSplunk downgraded to Hold from Buy at Summit Research
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August 21, 2015
12:13 EDTJNPRBrocade soars after Q3 results top estimates
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August 19, 2015
05:34 EDTCEOCNOOC signs PSCs with ROC
CNOOC Limited announced that its parent company, China National Offshore Oil Corporation, has signed two production sharing contracts with Roc Oil Company for Blocks 16/07 and 03/33 in the South China Sea. The two blocks mentioned above are located in the Pearl River Mouth Basin in the South China Sea. Block 16/07 covers a total area of 2,743 square kilometers and has a water depth of approximately 100 meters. Block 03/33 covers a total area of 2,367 square kilometers and has a water depth of 65-145 meters. According to the terms of the PSCs, ROC shall act as the operator during the exploration period and conduct exploration activities in the two blocks mentioned above, in which all expenditures incurred will be borne by ROC. Once entering the development phase, CNOOC has the right to participate in up to 51% of the working interest in any commercial discoveries of the blocks. After signing the above-mentioned PSCs, CNOOC will assign all of its rights and obligations under such contracts, except for those relating to CNOOC's administrative functions to CNOOC China Limited, a subsidiary of CNOOC Limited.
August 18, 2015
09:04 EDTJNPRJuniper selected by Joe Gibbs Racing to speed data center network transformation
Juniper Networks announced that four-car NASCAR team Joe Gibbs Racing selected its next-generation switching and security solutions to rev up the team's aging network infrastructure for better performance on and off the track.
07:29 EDTBASEnerCom to hold a conference
The Oil & Gas Conference is being held in Denver, Colorado on August 16-20 with webcasted company presentations to begin on August 18 at 10:00 am; not all company presentations may be webcasted. Webcast Link
07:03 EDTGLNGDynagas, GasLog, Golar LNG to establish, operate LNG Carrier Pool
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07:02 EDTGLNGDynagas, GasLog, Golar enter LNG Carrier Pool agreement
Dynagas (DLNG), GasLog (GLOG), and Golar LNG (GLNG), jointly announce that they have entered into an LNG carrier pooling agreement to market their vessels, which are currently operating in the LNG shipping spot market. Tony Lauritzen has agreed to take overall responsibility for the running of The Cool Pool and Morten Nielsen has been appointed as Pool Manager, with the mandate to schedule employment for each pool vessel. The Cool Pool will focus exclusively on charters of 12 months duration or less. The scheduling of employment opportunities in excess of 12 months will remain the mandate of the respective vessel owner. If a pool vessel is scheduled by an owner for a charter that exceeds 12 months in duration such vessel will cease to form part of the LNG Carrier Pool's fleet. It is anticipated that The Cool Pool will commence operation in September 2015.
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