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Stock Market & Financial Investment News

News Breaks
March 7, 2014
11:59 EDTBNFTBenefitfocus price target raised to $69 from $57 at Piper Jaffray
Piper Jaffray raised its price target for shares of Benefitfocus to $69 following the company's Q4 results and reiterates an Overweight rating.
News For BNFT From The Last 14 Days
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July 17, 2014
09:15 EDTBNFTOn The Fly: Pre-market Movers
HIGHER: Dresser-Rand (DRC), up 15.5% after Manager Magazin says Siemens (SIEGY) preparing bid for the company. Other oil equipment companies with a market cap similar to Dresser-Rand's include Dril-Quip (DRQ) and Oil States (OIS)... Microsoft (MSFT), up 3.4% after announcing restructuring, including plans to cut up to 18K jobs. UP AFTER EARNINGS: Morgan Stanley (MS) up 1.5%... Sherwin-Williams (SHW), up 3%. DOWN AFTER EARNINGS: Mattel (MAT), down 7.3%... Sandisk (SNDK), down 7%... Yum! Brands (YUM), down 2.5%. LOWER: Orbitz (OWW), down 3% after results, 34M share spot secondary offering of stock priced at $8.25... Benefitfocus (BNFT), down 1% after 2.5M share Secondary priced at $38.50.
06:46 EDTBNFTBenefitfocus 2.5M share Secondary priced at $38.50
Goldman, Deutsche Bank and Jefferies acted as joint book running managers for the offering.

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