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Stock Market & Financial Investment News

News Breaks
February 12, 2013
10:01 EDTNKE, CORR, URI, THRX, LGCY, CBB, M, NEOG, NMM, IDIX, SXCP, SEAC, MANU, CONE, SBGL, ITCOn the Fly: Analyst Initiation Summary
Today’s noteworthy initiations include: Cincinnati Bell (CBB) initiated with a Hold at Deutsche Bank... CyrusOne (CONE) initiated with a Buy at Deutsche Bank... CyrusOne (CONE) initiated with a Neutral at BofA/Merrill... Idenix (IDIX) initiated with a Neutral at RW Baird... Legacy Reserves (LGCY) initiated with an Overweight at Barclays... Manchester United (MANU) initiated with an Outperform at Raymond James... Navios Maritime Partners (NMM) initiated with a Buy at Citigroup... Theravance (THRX) initiated with an Outperform at RW Baird... Neogen (NEOG) initiated with a Neutral at Sidoti... SeaChange (SEAC) initiated with a Buy at Dougherty... ITC Holdings (ITC) initiated with a Neutral at ISI Group... Kohl's (KSS) initiated with a Hold at Maxim... SunCoke Energy (SXCP) initiated with a Buy at BofA/Merrill... Macy's (M) initiated with a Buy at Maxim... Sibanye Gold (SBGL) initiated with a Neutral at JPMorgan... SunCoke Energy (SXCP) initiated with a Neutral at JPMorgan... SunCoke Energy (SXCP) initiated with an Outperform at Credit Suisse... Nike (NKE) initiated with a Neutral at Wedbush... CorEnergy (CORR) initiated with a Hold at KeyBanc... United Rentals (URI) initiated with a Buy at BofA/Merrill.
News For CBB;CONE;IDIX;LGCY;MANU;NMM;THRX;SEAC;NEOG;ITC;SXCP;M;SBGL;CORR;NKE;URI From The Last 14 Days
Check below for free stories on CBB;CONE;IDIX;LGCY;MANU;NMM;THRX;SEAC;NEOG;ITC;SXCP;M;SBGL;CORR;NKE;URI the last two weeks.
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May 16, 2013
11:27 EDTTHRXOptions with decreasing implied volatility: LNCO MBI OPK THRX SGMO
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May 15, 2013
16:24 EDTMOn The Fly: Closing Wrap
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15:34 EDTMMacy's price target raised to $54 from $46 at Credit Suisse
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12:28 EDTMOn The Fly: Midday Wrap
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11:13 EDTTHRXOptions with decreasing implied volatility: MM GMCR GRPN THRX SGMO
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11:11 EDTMMacy's sees Q2 sales down less than previously thought
Although Macy's sees Q2 sales down sequentially, the company now sees less of a difference than previously thought. On the Q1 earnings call the CFO said, "I would add though that while we still expect Q2 sales to fall below that in Q1, we now expect the spread between the first and second quarters to be by less than the 200-300 basis points we had mentioned in February. We believe we will get a benefit in the second quarter as the weather finally begins to get warmer."
11:09 EDTSEACSeaChange management to meet with Roth Capital
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09:23 EDTMMacy's hits a new life high after results, levels to watch
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09:19 EDTMOn The Fly: Pre-market Movers
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08:05 EDTMMacy's affirms view of FY13 EPS $3.90-$3.95, consensus $3.92
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08:04 EDTMMacy's raises dividend to 25c from 20c, ups buyback authorization by $1.5B
Macy’s board of directors has authorized an increase in the quarterly dividend on Macy's common stock to 25c per share from the current 20c per share. The new dividend will be payable July 1 to shareholders of record at the close of business on June 14. The board also has increased the company’s share repurchase authorization by $1.5B. This brings the remaining authorization outstanding, as of the end of the first quarter on May 4, after giving effect to this increase, to approximately $2.6B.
08:01 EDTMMacy's reports Q1 EPS 55c, consensus 53c
Reports Q1 revenue $6.39B, consensus $6.39B. Reports Q1 comparable sales up 3.8%.
06:03 EDTSEACSeaChange announces maintenance contract with Stofa
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May 14, 2013
15:30 EDTMNotable companies reporting before tomorrow's open
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15:24 EDTMMacy May 47 straddle priced for 3.7% move into Q1
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12:16 EDTTHRXOptions with decreasing implied volatility: MM PANL DGIT VCLK THRX
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08:16 EDTTHRXTheravance price target raised to $48 from $38 at RW Baird
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08:06 EDTNKEBofA/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.
07:07 EDTTHRXTheravance price target raised to $54 from $44 at Stifel
Stifel thinks that Theravance's (THRX) royalty deal with Elan (ELN) demonstrates its ability to generate revenue that had not been reflected in its stock price. The firm expects Theravance to make similar deals in the future and it keeps a Buy rating on the stock.
07:00 EDTNKENike 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.
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