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Stock Market & Financial Investment News

News Breaks
July 1, 2014
07:49 EDTCAMP, CATCalAmp likely to meet or beat Street EPS view, says Stephens
Stephens expects CalAmp to meet or beat the consensus EPS view when it reports its Q1 results tonight after the close. The firm also believes that CalAmp's asset tracking hardware opportunity with Caterpillar (CAT) is on track to start shipments in the second half of this year. Stephens maintain its Overweight rating and $25 price target on shares of CalAmp.
News For CAMP;CAT From The Last 14 Days
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July 1, 2015
07:29 EDTCAMPCalAmp well positioned for long-term growth, says Canaccord
Canaccord said CalAmp is well positioned for long-term growth, citing new customer opportunities, ramping international sales and steady growth of higher-margin recurring revenue sales. Canaccord reiterated its Buy rating and $26 price target on CalAmp shares.
June 30, 2015
16:14 EDTCAMPCalAmp drops after results
In the extended session shares are down over 4.8% to $17.38. At that price next support is at $16.84. Resistance is at $17.73.
16:04 EDTCAMPCalAmp sees FY16 revenue $280M-$290M, consensus $282.77M
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16:03 EDTCAMPCalAmp sees Q2 adjusted EPS 24c-28c, consensus 26c
Sees Q2 revenue $66M-$70M, consensus $68.08M.
16:02 EDTCAMPCalAmp reports Q1 adjusted EPS 26c, consensus 26c
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15:26 EDTCAMPNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include CalAmp (CAMP), consensus 26c... AeroVironment (AVAV), consensus 18c... Star Bulk Carriers (SBLK), consensus (20c).
June 25, 2015
07:37 EDTCATExecutives' Club of Chicago to hold a discussion
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June 22, 2015
17:46 EDTCATCaterpillar to lay off 50 more workers in East Peoria, Reuters says
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June 18, 2015
11:31 EDTCATCaterpillar trends appear negative for Cummins, says Wells Fargo
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09:15 EDTCATCaterpillar reports retail machines sales down 12% in three months end May
Caterpillar reported in a regulatory filing that its total retail machines sales were down 12% on a three month rolling basis in May. For reference, retail sales of machines were down 11% in the period ending in April and were down 12% in the period ending in March. The company reported world Resources Industries sales down 8% in the May period, which was better than the 9% drop in the April end period. Construction Industries world sales were down 14%, worse than the 12% drop in the April period. Total Energy & Transportation Retail Sales were down 6% in the May end period, which was better than the 8% decline seen in the April period.
08:59 EDTCATCaterpillar and Modustri to collaborate on equipment monitoring technology
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