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News Breaks | | | | December 20, 2012 | | 14:59 EDT |  | RECN, NKE, CAMP, MU, RIMM, FCEL, TIBX, RHT, CTAS, MCS | Companies reporting After the Market Close on Thursday, December 20
Notable companies reporting after the closing bell on Thursday include CalAmp (CAMP), Cintas (CTAS), FuelCell Energy (FCEL), Nike (NKE), Red Hat (RHT), Research In Motion (RIMM), Resources Connection (RECN), TIBCO Software (TIBX), Micron Technology (MU), and The Marcus Corp (MCS). | |
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News For CAMP;CTAS;FCEL;NKE;RHT;RIMM;RECN;TIBX;MU;MCS From The Last 14 Days Check below for free stories on CAMP;CTAS;FCEL;NKE;RHT;RIMM;RECN;TIBX;MU;MCS the last two weeks. |
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| May 24, 2013 | | 12:01 EDT |  | NKE | Footwear shares slip after Foot Locker says sales flat this month
A number of footwear stocks are retreating after footwear retailer Foot Locker (FL) said its comparative sales were unchanged so far this month. WHAT'S NEW: Foot Locker reported slightly stronger than expected first quarter results earlier today, but stated that its sales at comparative stores were approximately flat so far this month, versus the same period in 2012. However, the retailer added that its comparative sales growth should accelerate in coming weeks. Moreover, Foot Locker stated that it continues to expect its sales to increase by mid single digit percentage levels this year. TODAY'S PRICE ACTION: In late morning trading, other footwear retailers dropped, with Finish Line (FINL) declining 2.3% to $21.10 and DSW (DSW) giving back 1.6% to $68.80. Nike (NKE) dropped 1.5% to $62.35, and Foot Locker slid 7% to $33.25. | | | May 23, 2013 | | 11:24 EDT |  | CTAS | High option volume stocks: ZTS AMLP CTAS MNKD CYS
 Subscribe for More Information | | | May 21, 2013 | | 14:50 EDT |  | NKE | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | 09:56 EDT | | FCEL | FuelCell receives USPTO patent for fuel humidifier assembly in fuel cell systems
Subscribe for More Information | | | May 20, 2013 | | 13:32 EDT |  | RHT | Red Hat falls to session lows after downgrade, levels to watch
The shares are down over 4% at time of writing to $52.57, close to the session low at $52.36. At that price, next support is at $51.98. Resistance is at $53.54. BMO Capital earlier downgraded the stock to Market Perform and cut its price target to $54. The firm cited valuation, mixed field checks, and deceleration in most key financial metrics as reasons for the recommendation change and price target reduction. | | | 13:06 EDT |  | RHT | On The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday as the Dow and S&P seek to continue their march higher after closing last week at record levels. ECONOMIC EVENTS: In the U.S., the light domestic economic calendar included the Chicago Fed National Activity index, which slipped to -0.53 for April from its prior reading of -0.23. In Asia, the Hang Seng and Shanghai Composite both climbed after Chinese home prices were reported to have risen in April. COMPANY NEWS: Yahoo (YHOO) confirmed it is buying social media platform Tumblr for $1.1B, as widely reported over the weekend, and promised "not to screw it up" in its press release to announce the deal... Actavis (ACT) agreed to acquire Warner Chilcott (WCRX) in a stock-for-stock transaction valued at approximately $8.5B. The deal, which was approved by the boards of both companies, equates to a value of $20.08 per Warner Chilcott share based on Actavis' closing share price on Friday, the companies said. MAJOR MOVERS: Among the notable gainers were some other companies with M&A news: Acquity Group (AQ) shares more than doubled after Accenture (ACN) agreed to buy the company for $13.00 per American Depositary Share, and Pactera Technology (PACT) gained 31% after receiving a non-binding proposal from a Blackstone (BX) affiliate to be taken private for $7.50 per ADS. Among the noteworthy losers was XenoPort (XNPT), which fell 11% after one of its drugs failed in a Phase III trial for multiple sclerosis spasticity. Also lower were shares of Red Hat (RHT), which slid 4% following a downgrade to Market Perform at BMO Capital. INDICES: Near 1 pm ET, the Dow was up 13.67, or 0.09%, to 15,368.07; the Nasdaq was up 1.13, or 0.03%, to 3,500.10; and the S&P 500 was up 2.18, or 0.13%, to 1,669.65. | | | 07:31 EDT |  | RHT | Red Hat downgraded at BMO Capital
As previously reported, BMO Capital downgraded to Market Perform from Outperform. The firm cites valuation, mixed field checks, and deceleration in most key financial metrics for the downgrade. Price target is $54. | | | 06:42 EDT | | RHT | Red Hat downgraded to Market Perform from Outperform at BMO Capital
Subscribe for More Information | | | May 17, 2013 | | 06:07 EDT | | MU | Mobile DRAM revenue fell 5% in Q1, DigiTimes reports
Subscribe for More Information | | | May 16, 2013 | | 08:19 EDT |  | MU | Court decision should hasten Micron takeover of Elpida, says Sterne Agee
Sterne Agee believes that a decision by a Japanese court dismissing appeals from the two unsecured creditors to the Elpida consolidation process should enable Micron to close its Elpida acquisition much more quickly than some had feared. The firm views this development as very positive for Micron and keeps a Buy rating on the stock. | | | | 05:32 EDT | | MU | Micron announces issuance by Tokyo Court of order dismissing creditor appeals
Subscribe for More Information | | | May 15, 2013 | | 17:03 EDT | | RHT | Soros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF). | | | 10:14 EDT | | RHT | Red Hat calls active on renewed takeover chatter
Red Hat May and June 55 calls are active on total call volume of 5,300 contracts (58 puts). May call option implied volatility is at 41, June is at 34, September is at 30; compared to its 26-week average of 34 according to Track Data. Active call volume suggests traders taking positions for large movement following renewed takeover chatter. | | | 10:06 EDT |  | RHT | Rumor: Red Hat moves up on renewed takeover chatter
Subscribe for More Information | | | 07:37 EDT |  | RECN | Macquarie to host a conference
Subscribe for More Information | | | May 14, 2013 | | 08:06 EDT | | NKE | BofA/Merrill's retail analysts hold an analyst/industry conference call
Global Retail Team discusses key global athletic themes including industry trends, sourcing costs outlook and favorite investment ideas on an Analyst/Industry conference call. Relevant covered companies COLM, COST, DKS, FINL, FL, GES, JNY, NKE, PVH, RL, TGT, UA and WMT may be included on the Analyst/Industry conference call to be held on May 14 at 10 am. | | | 07:00 EDT | | NKE | Nike price target raised to $75 from $65 at Barclays
Barclays expects Nike to return to gross margin expansion in Q3 and that the re-acceleration of futures in the U.S. and China will drive shares higher. The firm rates Nike an Overweight. | | | May 13, 2013 | | 08:19 EDT | | RHT | Red Hat becoming innovator, says Wells Fargo
Subscribe for More Information | | | 07:29 EDT | | MU | Skillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16. | | | 07:22 EDT | | FCEL | FBR Capital to host a conference
2013 Energy & Industrials One-on-One Series Conference is being held in Boston on May 13. | | |
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