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November 28, 2012
18:10 EDTLZB, DIS, BLOX, TIVO, GES, HERO, ARO, SMTCOn The Fly: After Hours Movers
UP AFTER EARNINGS: Infoblox (BLOX), up 17%... Semtech (SMTC), up 8%... Guess? (GES), up 5%... ALSO HIGHER: Disney (DIS), up 1% after raising its annual dividend 25%... DOWN AFTER EARNINGS: Aeropostale (ARO), down 7%... TiVo (TIVO), down 4%... La-Z-Boy (LZB), down 13%... ALSO LOWER: Hercules Offshore (HERO), down 2% after disclosing it is owed $44M on a customer contract.
Check below for free stories on BLOX;SMTC;GES;DIS;ARO;TIVO;LZB;HERO the last two weeks.
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April 22, 2014
18:30 EDTDISDISH to launch internet-TV service this summer, Bloomberg says
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13:18 EDTAROAbercrombie & Fitch and Aeropostale mentioned positively at ITG Research
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11:09 EDTTIVOTiVo management to meet with B. Riley
Meeting to be held in San Francisco on April 25 hosted by B. Riley.
April 21, 2014
07:18 EDTDISDisney sees cable networks generating operating income growth, Reuters says
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06:35 EDTDIS'Captain America' ranks first for third straight weekend, Bloomberg says
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April 17, 2014
16:05 EDTDISAmazon Fire TV's voice search partners with Hulu, Crackle, Showtime Anytime
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April 16, 2014
16:22 EDTLZBLa-Z-Boy to restructure casegoods business, will take charge of $13M-$15M
La-Z-Boy announced it will restructure its casegoods business, which represents approximately 10% of revenue, by transitioning to an all-import model for its wood furniture. To accomplish the restructuring: During the second quarter of fiscal 2015, La-Z-Boy will discontinue casegoods production at its Hudson, North Carolina facility...The company will also exit the hospitality business as that furniture is also manufactured at the Hudson facility. The company will market for sale its youth furniture business, Lea Industries, as it does not align with the company's long-term strategic objectives. La-Z-Boy will consolidate and transition its warehouse and repair functions from its two North Wilkesboro, North Carolina facilities to Hudson. Kurt L. Darrow, Chairman, President and CEO of La-Z-Boy Incorporated, said, "After careful analysis and much consideration, we made the difficult decision to transition our casegoods operation to become solely an importer of wood furniture. We have implemented many changes to our casegoods manufacturing model over the past few years to be more competitive. However, in the final analysis, we determined we cannot generate enough domestic volume to support the size facility we operate in North Carolina and believe this move will strengthen our positioning and performance in the segment." As a result of the restructuring, La-Z-Boy will take pre-tax charges in the range of $13M to $15M, or 15c to 17c per share after tax, of which approximately 75% is expected to be non-cash. The majority of these charges will be incurred in the fourth quarter of the company's 2014 fiscal year and the remainder taken in the first half of fiscal 2015. In addition, the Lea business will be reported as discontinued operations commencing with Q414.
06:27 EDTDISNBCUniversal planning digital video push
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April 15, 2014
10:10 EDTDISMaker Studios stays with Disney offer, Re/code says
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06:04 EDTBLOXInfoblox risk/reward favorable at current levels, says Deutsche Bank
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April 14, 2014
17:53 EDTDISMaker Studios stays with Disney offer, Re/code says
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13:03 EDTDISRelativity Media looks to outbid Disney for Maker Studios, Bloomberg says
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07:09 EDTDISWalt Disney May volatility elevated into investor day
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06:47 EDTDIS'Captain America' surpasses "Rio 2' in weekend box office, LA Times says
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April 11, 2014
10:38 EDTDISDisney to host investor day
Investor Day to be held on April 17 at 12:30 pm. Webcast Link
09:04 EDTAROAeropostale price target lowered to $5 from $7.50 at BofA/Merrill
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April 10, 2014
07:46 EDTTIVOTiVo aims to maintain remote interest over cable lobbying, Bloomberg says
Chief U.S. Communications Regulator Michael Powell, who is leading a lobbying campaign for cable providers led by Comcast (CMCSA), is also pursuing legislation that TiVo (TIVO) feels could threaten its reign as a customer favorite for fast-forwarding past commercials, reported Bloomberg. Reference Link
07:21 EDTDISHulu's head of original programming development to leave company, AdWeek says
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April 9, 2014
14:42 EDTDISHSN and Disney Studios announce multi-film collaboration
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10:06 EDTAROOn The Fly: Analyst Downgrade Summary
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