New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 20, 2014
11:58 EDTCHK, KMT, TROW, TDC, COF, CATCaterpillar, five others should benefit from global recovery, Barron's says
Caterpillar (CAT), Teradata (TDC), Kennametal (KMT), Capital One Financial (COF), T. Rowe Price Group (TROW), and Chesapeake Energy (CHK) are all relatively cheap and should benefit from global recovery, Barron's contends in its cover article. Reference Link
News For CAT;TDC;KMT;COF;TROW;CHK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2014
11:23 EDTCHKChesapeake loses appeal to redeem bonds early, Reuters says
Subscribe for More Information
November 24, 2014
10:00 EDTKMTOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:55 EDTKMTKennametal downgraded to Sell from Neutral at Goldman
Subscribe for More Information
November 21, 2014
16:20 EDTCATOn The Fly: Closing Wrap
Stocks on Wall Street gained after China's central bank cut interest rates for the first time in over two years to bolster its economy. Additionally, the head of Europe's central bank said he was determined to do what is needed to ensure the area's economy does not once again fall into crisis. ECONOMIC EVENTS: In the U.S., the Kansas City Fed manufacturing index for November had a reading of 7, compared to the consensus forecast for a reading of 6. In Asia, the People's Bank of China unexpectedly cut interest rates, slashing the one-year lending rate by 40 basis points and the one-year deposit rate by 25 basis points. The move, which was the central bank's first interest rate cut since 2012, surprised markets around the globe. In Europe, European Central Bank President Mario Draghi said indicators have been declining to levels he would deem "excessively low" and that he is determined to use more aggressive measures, such as large scale asset purchases, as needed. COMPANY NEWS: Microsoft (MSFT) was the worst performer on the Dow after Jefferies initiated coverage of the stock with an Underperform rating. Microsoft's stock has rallied 30% in the last year, but the company is still facing the same fundamental problems as in previous years, Jefferies analyst John DiFucci wrote. He set a $40 price target on the shares, which slipped 74c, or 1.5%, to $47.97. MAJOR MOVERS: Among the notable gainers was Ross Stores (ROST), which advanced $6.06, or 7.28%, to $89.27 after the company reported stronger than expected Q3 results. Also higher were shares of Caterpillar (CAT), which rose $4.36, or 4.27%, to $106.45 amid the quantitative easing actions taken abroad and after research firm Stifel initiated coverage of the stock with a Buy rating. Among the noteworthy losers was GameStop (GME), which sunk $5.68, or 13.05%, to $37.86 after the video game retailer's third quarter results, as well as its fourth quarter and full year profit forecasts, trailed consensus estimates. Also lower were shares of The Gap (GPS), which dropped $1.68, or 4.19%, to $38.46 after the owner of Banana Republic, Old Navy and its namesake clothing brand lowered its fiscal year profit outlook. INDEXES: The Dow rose 91.06, or 0.5%, to 17,810.06, the Nasdaq gained 11.10, or 0.24%, to 4,712.97, and the S&P 500 added 10.75, or 0.52%, to 2,063.50.
12:10 EDTCATCaterpillar jumps after Stifel puts Buy rating on shares
Subscribe for More Information
10:01 EDTCATOn The Fly: Analyst Initiation Summary
Subscribe for More Information
05:59 EDTCATCaterpillar initiated with a Buy at Stifel
Subscribe for More Information
November 20, 2014
10:02 EDTCOFOn The Fly: Analyst Initiation Summary
Subscribe for More Information
09:20 EDTCATCaterpillar reports retail machines sales down 9% in three months end October
Subscribe for More Information
November 19, 2014
16:38 EDTCOFCapital One initiated with an Outperform at Bernstein
07:51 EDTCOFClearing House Payments Company to hold a conference
Subscribe for More Information
November 18, 2014
07:19 EDTCHKChesapeake upgraded at Bernstein
Subscribe for More Information
November 17, 2014
10:02 EDTCHKOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CyrusOne (CONE) upgraded to Buy from Hold at Stifel... MGIC Investment (MTG) upgraded to Conviction Buy from Buy at Goldman... NuVasive (NUVA) upgraded to Outperform from Market Perform at Wells Fargo... Phillips 66 (PSX) upgraded to Outperform from Neutral at Credit Suisse... Pinnacle Foods (PF) upgraded to Buy from Hold at Deutsche Bank... Rayonier (RYN) upgraded to Outperform from Sector Perform at RBC Capital.. Thoratec (THOR) upgraded to Outperform from Market Perform at Wells Fargo... Volcano (VOLC) upgraded to Outperform from Neutral at Credit Suisse... Progressive Waste (BIN) upgraded to Neutral from Underperform at Macquarie... Clean Harbors (CLH) upgraded to Outperform from Neutral at Wedbush... McGraw Hill Financial (MHFI) upgraded to Buy from Hold at Benchmark Co... Chesapeake (CHK) upgraded to Outperform from Market Perform at Bernstein... American Science & Engineering (ASEI) upgraded to Fair Value from Sell at CRT Capital... Sony (SNE) upgraded to Overweight from Equal Weight at Morgan Stanley.
09:52 EDTKMTKennametal CEO selection likely to be viewed positively, says Wells Fargo
Subscribe for More Information
08:44 EDTKMTKennametal names Nolan as CEO to replace retiring Cardoso
The board of directors of Kennametal announced the appointment of Donald Nolan as the company's president, chief executive officer and member of the board of directors, while electing William Newlin, lead director, to serve as chairman of the board, both effective Nov. 17, facilitating a clear-cut, transparent transition of immediate effect. As previously announced, Carlos Cardoso's retirement is effective Dec. 31.
08:12 EDTCHKChesapeake upgraded to Outperform from Market Perform at Bernstein
Subscribe for More Information
06:08 EDTCOFCapital One reports October charge-off rate 3.16% vs. 2.79% last month
Reports October 30-plus day performing delinquency rate 3.31% vs. 3.21% last month.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use