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Stock Market & Financial Investment News

News Breaks
March 25, 2013
10:02 EDTDRRX, EROC, SFLY, RRD, VIPS, LXP, CNDO, GALE, CMCSA, CEB, BRSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Bristow Group (BRS) initiated with an Overweight at JPMorgan... Comcast (CMCSA) reinstated with a Buy at Goldman... Coronado Biosciences (CNDO) initiated with a Buy at Canaccord... Corporate Executive Board (CEB) initiated with a Buy at SunTrust... Eagle Rock Energy (EROC) coverage resumed with a Market Perform at Wells Fargo... Galena Biopharma (GALE) initiated with a Buy at Needham... Lexington Realty (LXP) initiated with a Hold at KeyBanc... Rentech Nitrogen (RNF) initiated with a Neutral at Goldman... R.R. Donnelley (RRD) initiated with a Buy at Sidoti... Durect (DRRX) initiated with a Buy at Stifel... Vipshop (VIPS) initiated with an Overweight at JPMorgan... Shutterfly (SFLY) initiated with a Buy at Needham... Coronado Biosciences (CNDO) initiated with a Buy at Canaccord.
News For BRS;CMCSA;CNDO;CEB;GALE;EROC;LXP;RRD;DRRX;VIPS;SFLY From The Last 14 Days
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July 1, 2015
07:03 EDTCMCSAComcast attractive during market uncertainty, say Brean Capital
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June 30, 2015
07:15 EDTCMCSAExecutives' Club of Chicago to hold a discussion
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June 29, 2015
14:11 EDTCMCSANBCUniversal ending relationship with Donald Trump, LA Times reports
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June 28, 2015
15:40 EDTCMCSAUniversal's 'Jurassic World' leads U.S. weekend box office with $54.2M
For the weekend of June 28, Comcast (CMCSA, CMCSK) subsidiary Universal's "Jurassic World" topped domestic box office charts at $54.2M. Disney's (DIS) "Inside Out" landed in second place with $52.1M, while Universal's "Ted 2" came in third with $32.9M. Time Warner (TWX) subsidiary Warner Bros.' "Max" and Fox's (FOX, FOXA) "Spy" took fourth and fifth place at $12.2M and $7.8M, respectively. Data gathered by Rentrak.
June 25, 2015
10:00 EDTLXPOn The Fly: Analyst Downgrade Summary
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09:10 EDTLXPLexington Realty downgraded to Neutral from Buy at BofA/Merrill
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June 24, 2015
19:53 EDTCMCSAComcast to offer EA games over cable box, DSLReports says
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13:58 EDTCMCSAChernin, NBCUniversal agree on two year deal, L.A. Times reports
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08:25 EDTCMCSANetflix on pace to have larger audience than all networks, FBR says
FBR Capital analyst Barton Crockett says that while Netflix (NFLX) is not rated by Nielsen (NLSN), the 10B hours streamed in Q1 reported by the company are equivalent to having a 24-hour rating of 2.6, on par with Disney's (DIS) ABC and Comcast's (CMCSA) NBC. And while ratings at broadcasters are falling on average, Netflix is growing its ratings at a 40%-plus compound annual rate, Crockett tells investors this morning in a research note. At this pace, Netflix in a year will have a larger 24-hour audience than all broadcast networks, he contends. Regarding last night's 7-for-1 stock split announcement, Crockett says the move reflects management's confidence in the "durability of the recent stock surge." For perspective, three years ago Netflix shares were around $60. This morning they are trading up $18.69 to $699.88 in the pre-market. Crockett has an Outperform rating on the streaming service with a $900 price target.
08:10 EDTDRRXDURECT likely to announce partnership soon, says Cantor
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June 23, 2015
13:09 EDTCMCSAHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
08:05 EDTDRRXDurect to conduct new POSIDUR Phase 3 clinical trial
Durect says based on feedback from the FDA, it plans to conduct a new POSIDUR, or SABER-Bupivacaine, Phase 3 clinical trial consisting of approximately 300 patients undergoing laparoscopic cholecystectomy surgery. DURECT anticipates beginning the trial in the fall of 2015 and expects that it will take approximately one year to complete enrollment. The study will be a randomized, parallel-group, double-blind, placebo-controlled, multicenter trial of POSIDUR in patients undergoing laparoscopic cholecystectomy. The objective of the study will be to evaluate the safety and efficacy of POSIDUR for the management of postoperative pain.
June 22, 2015
15:04 EDTCMCSAT-Mobile could abandon DISH for Comcast, Forbes contributor says
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06:59 EDTCMCSAComcast, NBCUniversal using cross-promotional strategy, NY Times says
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06:07 EDTVIPSVipshop recent weakness a buying opportunity, says Summit Research
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June 21, 2015
17:57 EDTCMCSARealD says 3D screens accounted for 47% of weekend 'Jurassic World' gross
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16:21 EDTCMCSAUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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June 19, 2015
11:52 EDTCMCSATime Warner Cable CEO says Ralph Roberts a 'pioneer, visionary, role model'
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10:37 EDTCMCSAComcast announces death of founder and Chairman Emeritus Ralph Roberts
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08:22 EDTVIPSChina to let foreign companies fully own e-commerce businesses, Reuters reports
China's Ministry of Industry and Information Technology announced that, effective immediately, foreign companies will be allowed to have full ownership of some e-commerce businesses, reported Reuters. Players in China's booming e-commerce market include market leader Alibaba Group (BABA) as well as JD.com (JD), Amazon.com (AMZN), Vipshop (VIPS) Wal-Mart (WMT), which holds a stake in shopping site Yihaodian, the report noted. Reference Link
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