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Stock Market & Financial Investment News

News Breaks
February 1, 2013
10:28 EDTBWLDBuffalo Wild Wings advances after KeyBanc ups rating to Buy
Buffalo Wild Wings (BWLD), a casual dining chain, is climbing after KeyBanc analyst Christopher O'Cull upgraded the shares to Buy from Hold in a note to investors earlier today. Several risks are already priced into the stock, whose valuation is currently compelling, O'Cull wrote. Specifically, the shares already reflect investors' fears that the company will report lower than expected 2013 earnings per share due to rising chicken wing prices, O'Cull contended. However, the company can protect its margins and earnings by selling chicken wings on a per plate basis, instead of by the wing, the analyst believes. Moreover, the profitability of Buffalo Wild Wings' newer restaurants on the coast should rise as they gain greater efficiencies, according to O'Cull. Finally, the analyst, who has an $85 price target on the shares, doesn't expect the company to lower its 2013 earnings per share guidance. In mid-morning trading, Buffalo Wild Wings climbed $1.95, or 2.66%, to $75.50.
News For BWLD From The Last 14 Days
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July 31, 2015
10:31 EDTBWLDOptions with decreasing implied volatility
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July 29, 2015
15:56 EDTBWLDBuffalo Wild Wings 'better than feared' same-store sales spark rally
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10:07 EDTBWLDHigh option volume stocks:
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09:13 EDTBWLDOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Buffalo Wild Wings (BWLD), up 11.4%... Panera Bread (PNRA), up 5.9%... Sonus Networks (SONS), up 7.2%... Gilead Sciences (GILD), up 3.6%... U.S. Steel (X), up 3.3%... Synchronoss (SNCR), up 2.8%. ALSO HIGHER: Cytec Industries (CYT), up 26.7% after being acquired by Solvay (SVYZY)... MagneGas (MNGA), up 7.8% after receiving multiple orders... AK Steel (AKS), up 5.2% after being upgraded to Outperform from Neutral at Macquarie. DOWN AFTER EARNINGS: Yelp (YELP), down 23.6%... VASCO Data Security (VDSI), down 13.3%... Tableau Software (DATA), down 16%... Twitter (TWTR), down 11.4%... Akamai Technologies (AKAM), down 7.9%.
08:47 EDTBWLDBuffalo Wild Wings price target raised to $212 from $190 at Baird
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July 28, 2015
19:10 EDTBWLDOn The Fly: After Hours Movers
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18:34 EDTBWLDBuffalo Wild Wings sees rising wage rates, beer costs, wing prices
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18:32 EDTBWLDBuffalo Wild Wings sees FY15 capital spending of $177M
On Buffalo Wild Wings' Q2 earnings conference call, the company said, "We spent $41.5M for property and equipment capital expenditures in Q2 of 2015, and we estimate that our annual capital spending will be $177M inclusive of our franchise acquisitions and investment in emerging brands."
16:12 EDTBWLDBuffalo Wild Wings trades up after hours on revised outlook
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16:09 EDTBWLDBuffalo Wild Wings revises FY15 EPS growth to 13%, consensus $5.77
"As a result of the near-term expenses from the integration of the franchise acquisition, we are revising our net earnings growth goal for 2015 to 13%," said the company.
16:08 EDTBWLDBuffalo Wild Wings sees acquisition of Texas franchises impacting FY15 EPS
"In July, we finalized a purchase agreement to acquire 41 franchised Buffalo Wild Wings locations in Texas, New Mexico, and Hawaii and we anticipate the transaction closing in August. This acquisition is expected to decrease net earnings in 2015 due to the timing of the closing, increased depreciation and amortization of reacquired franchise rights, and $5M in transition costs," the company said. FY15 EPS consensus is $5.77.
16:06 EDTBWLDBuffalo Wild Wings reports Q2 EPS $1.12, consensus $1.26
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15:21 EDTBWLDNotable companies reporting after market close
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July 24, 2015
10:00 EDTBWLDOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Abaxis (ABAX) downgraded to Hold from Buy at Canaccord... Buffalo Wild Wings (BWLD) downgraded to Neutral from Buy at Dougherty... CF Industries (CF) downgraded on nitrogen outlook at RBC Capital... Capital One (COF) downgraded to Neutral from Overweight at JPMorgan... Cepheid (CPHD) downgraded to Sell from Hold at Evercore ISI... Constant Contact (CTCT) downgraded to Neutral from Outperform at Baird... Equifax (EFX) downgraded to Neutral from Outperform at Baird... Hannover Re (HVRRY) downgraded to Underweight from Neutral at JPMorgan... IAMGOLD (IAG) downgraded to Underperform from Market Perform at Raymond James... MSA Safety (MSA) downgraded to Neutral from Accumulate at Global Hunter... MTU Aero (MTUAY) downgraded to Underperform from Buy at BofA/Merrill... Macy's (M) downgraded to Underweight from Neutral at Atlantic Equities... Sunesis (SNSS) downgraded to Hold from Buy at Cantor... Superior Drilling (SDPI) downgraded to Hold from Buy at Wunderlich... TrueCar (TRUE) downgraded to Equal Weight from Overweight at Stephens... United Rentals (URI) downgraded to Outperform from Top Pick at RBC Capital... WESCO (WCC) downgraded to Equal Weight from Overweight at Stephens.
09:10 EDTBWLDBuffalo Wild Wings downgraded to Neutral from Buy at Dougherty
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July 23, 2015
07:48 EDTBWLDBuffalo Wild Wings August volatility elevated into Q2 and outlook
Buffalo Wild Wings August call option implied volatility is at 41, September is at 31; compared to its 52-week range of 21 to 48, suggesting large near term price movement into the expected release of Q2 results on July 28.
July 22, 2015
10:01 EDTBWLDOn The Fly: Analyst Downgrade Summary
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09:22 EDTBWLDBuffalo Wild Wings downgraded to Mixed from Positive at OTR Global
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