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Stock Market & Financial Investment News

News Breaks
June 2, 2014
10:13 EDTXLNX, THRX, VOLVY, Z, UEIC, TMUS, ZQK, IFNNY, SRLP, MCHP, BIG, TISI, STM, ESRX, BNPQYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BNP Paribas (BNPQY) downgraded to Neutral from Conviction Buy at Goldman... Big Lots (BIG) downgraded to Equalweight from Overweight at Barclays... Express Scripts (ESRX) downgraded at Cowen... Infineon (IFNNY) downgraded to Neutral from Buy at Citigroup... Microchip Technology (MCHP) downgraded to Neutral from Buy at Goldman... Quiksilver (ZQK) downgraded at B. Riley... STMicroelectronics (STM) downgraded to Sell from Neutral at Citigroup... Sprague Resources (SRLP) downgraded to Neutral from Overweight at JPMorgan... T-Mobile (TMUS) downgraded to Neutral from Outperform at Macquarie... Team (TISI) downgraded to Hold from Buy at BB&T... Theravance (THRX) downgraded at RW Baird... Universal Electronics (UEIC) downgraded to Neutral from Buy at B. Riley... Volvo (VOLVY) downgraded to Sell from Neutral at Goldman... Xilinx (XLNX) downgraded to Neutral from Buy at Goldman... Zillow (Z) downgraded at Pacific Crest.
News For BNPQY;BIG;IFNNY;ESRX;MCHP;ZQK;STM;SRLP;TMUS;TISI;THRX;UEIC;VOLVY;XLNX;Z From The Last 14 Days
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April 16, 2015
15:02 EDTZZillow Group to give MLS partners free public record data
Zillow Group announced it will begin offering its industry partners access to free public record data with broad usage rights, through a new program, Zillow Group Data Connect. In addition to public record data, ZGDC will offer MLSs the opportunity to receive, and share with members, dynamic, frequently-updated data from Zillow, such as the Zestimate and user-contributed data, like updates about renovations. Zillow Group's new program will allow partner MLSs to access information about properties, including mortgage information, tax rate, physical attributes, and mailing addresses, in addition to proprietary Zillow data. ZGDC is expected to be available in Q4.
10:34 EDTXLNXXilinx April calls active after dealReporter discusses potential takeout
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09:57 EDTXLNXXilinx rallies after dealReporter discusses potential takeout
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09:51 EDTXLNXXilinx moves higher following a dealReporter article
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08:15 EDTTHRXGlaxoSmithKline and Theravance announce launch of Anoro in Spain
In a regulatory filing, GlaxoSmithKline (GSK) and Theravance (THRX) announced the launch of Anoro in Spain following the approval in Europe in May 2014. Anoro Ellipta is indicated as a once-daily maintenance bronchodilator treatment to relieve symptoms in adult patients with chronic obstructive pulmonary disease. Anoro Ellipta is a combination of two bronchodilators, umeclidinium, a long-acting muscarinic antagonist and vilanterol, a long-acting beta2 agonist, in a single dry powder inhaler, the Ellipta. The approved dose of UMEC/VI is 55/22mcg. UMEC/VI has been developed under the 2002 LABA collaboration agreement between Glaxo Group Limited and Theravance.
April 15, 2015
16:31 EDTBNPQYU.S. gives BNP Paribas waiver to manage retirement plans, FT says
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11:51 EDTESRXExpress Scripts down 2% as Walgreens speaks at analyst day
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10:00 EDTTISIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Tower (AMT) upgraded to Outperform from Neutral at Macquarie... Ameriprise (AMP) upgraded at Morgan Stanley... Builders FirstSource (BLDR) upgraded to Buy from Neutral at Sterne Agee... China Telecom (CHA) upgraded to Outperform from Market Perform at Bernstein... China Unicom (CHU) upgraded to Outperform from Underperform at Bernstein... Discover (DFS) upgraded to Overweight from Neutral at JPMorgan... EV Energy (EVEP) upgraded on asset sale at RBC Capital... GoPro (GPRO) upgraded to Overweight from Neutral at Piper Jaffray... Intel (INTC) upgraded on valuation at RBC Capital... Nike (NKE) upgraded to Overweight from Neutral at Piper Jaffray... Nokia (NOK) upgraded to Market Perform from Underperform at Bernstein... Rice Energy (RICE) upgraded to Buy from Neutral at Goldman... Staples (SPLS) upgraded to Buy from Hold at BB&T... Team (TISI) upgraded to Buy from Hold at BB&T... Ulta Salon (ULTA) upgraded to Overweight from Neutral at Piper Jaffray.
09:11 EDTZZillow Group price target lowered to $121 from $145 at JMP Securities
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07:35 EDTZZillow Group fundamentals should strengthen from here, says Canaccord
Canaccord noted Zillow held a conference call to update guidance following its Trulia acquisition. The firm said the company's outlook was negatively impacted by Trulia but that Zillow is enjoying strong performance. Canaccord expects synergies to kick in and sees the potential for ad pricing expansion as the company operates from a position of strength versus competitors. Canaccord maintained its Buy rating, but lowered its price target to $115 from $125 on Zillow Group shares.
07:00 EDTTISITeam upgraded to Buy from Hold at BB&T
BB&T upgraded Team to Buy with a $46 price target due to share underperformance, improved execution, and a bullish outlook for refinery/chemical demand.
April 14, 2015
10:51 EDTTMUSGoogle to sell mobile phone plans directly to customers, The Information reports
Google (GOOG) is looking to sell mobile phone plans directly to customers while managing their calls and mobile data over a cellular network, reports The Information. According to people with knowledge of the plans, the new service is expected to run on Sprint (S) and T-Mobile (TMUS) networks. Google expected to reach deals to buy wholesale across to those carriers' networks. A launch this year seems likely. Reference Link
10:16 EDTBIGHigh option volume stocks
High option volume stocks: NSAM ALU CJES BIG CMRX ERIC NTAP TMO KN CIG
10:01 EDTZZillow Group dives in early trading, levels to watch
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09:57 EDTZZillow resumes, down 9.2% to $85 after revenue guidance misses expectations
09:43 EDTZZillow Group trading to resume at 9:55 am EDT
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09:25 EDTZZillow Group says FY15 is a 'transition year'
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09:05 EDTZZillow Group sees FY15 revenue about $690M, consensus $752.97M
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08:14 EDTMCHPBMW implements Microchip's INICs in 2 Series Active Tourer
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07:44 EDTZZillow Group April volatility low into call to discuss Trulia, FY15 outlook
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