New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 15, 2012
10:06 EDTSAFM, CTIC, TRLA, TRN, NOW, OMER, NBHC, KEYW, GAIN, TRAK, CBFOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Capital Bank (CBF) initiated with a Market Perform at Keefe Bruyette... Capital Bank (CBF) initiated with a Neutral at Goldman... DealerTrack (TRAK) initiated with an Overweight at Evercore... Gladstone Investment (GAIN) initiated with a Buy at Jefferies... KEYW (KEYW) initiated with an Outperform at RBC Capital... National Bank (NBHC) initiated with an Outperform at Keefe Bruyette... Omeros (OMER) initiated with an Outperform at Burrill... ServiceNow (NOW) initiated with an Equal Weight at Evercore... Trinity Industries (TRN) initiated with a Buy at UBS... Trulia (TRLA) initiated with a Neutral at JPMorgan... Trulia (TRLA) initiated with an Outperform at RBC Capital... Trulia (TRLA) initiated with a Buy at Needham... Cell Therapeutics (CTIC) initiated with a Buy at ThinkEquity... Sanderson Farms (SAFM) initiated with a Buy at Sidoti.
News For CBF;TRAK;GAIN;KEYW;NBHC;OMER;NOW;TRN;TRLA;CTIC;SAFM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
October 21, 2014
08:33 EDTGAINGladstone Investment acquires Old World Christmas
Gladstone Investment announced that on October 14, it acquired the assets of O.W.A., Inc., d/b/a "Old World Christmas". Gladstone Investment, together with certain members of the executive management team of Old World Christmas, provided preferred and common equity, senior debt and a revolving credit facility to complete the transaction. Gladstone Investment is partnering with new CEO and industry executive Doug Lauer on the transaction.
07:46 EDTTRNTrinity Industries price target lowered to $55 from $60 at UBS
UBS lowered its price target on Trinity Industries to $55 from $60 following a jury verdict awarding $175M in damages and the potential for the award of treble damages under the False Claims Act. The firm expects Trinity to appeal the decision and believes the shares have already priced in headline risk. UBS is maintaining its Buy rating on Trinity, as the firm believes the company is best positioned to benefit from rising railcar orders.
07:10 EDTOMEROmeros suspends its Huntington's clinical trial with OMS824
Subscribe for More Information
05:56 EDTTRNStocks with implied volatility movement; EWZ TRN
Subscribe for More Information
October 20, 2014
16:09 EDTTRNTrinity Industries provides statement on jury verdict
A jury in the U.S. District Court for the Eastern District of Texas returned a verdict against Trinity Industries in a False Claims Act case. The jury awarded $175M in damages. The company respects the jury's decision. However, Trinity believes the decision cannot and will not withstand legal scrutiny. The company strongly believes the courts will affirm its position.
15:56 EDTTRNJury finds Trinity defrauded government over guardrails, Bloomberg reports
A jury ruled Trinity Industries defrauded the government out of $175M by making cost cuts to its highway guardrail system and making the system more dangerous in the process, as alleged by a whistleblower, reported Bloomberg. Total liability may reach as much as $1B, as the damages to be awarded against the company will be tripled and added to a penalty to be determined by the judge, the report noted. Shares of Trinity are down over 10% to $32.39 in late afternoon trading following the ruling. Reference Link
15:25 EDTTRNTrinity Industries falls 9% following report of trial loss
15:25 EDTTRNTrinity Industries loses lawsuit over guardrails, Bloomberg reports
Subscribe for More Information
14:06 EDTTRNTrinity Industries second guardrail trial goes to jury, Bloomberg says
Subscribe for More Information
08:04 EDTNOWServiceNow should have another beat and raise quarter, says RBC Capital
Subscribe for More Information
07:16 EDTOMERAmerican Academy of Ophthalmology to hold annual meeting
AAO Annual Meeting 2014 is being held in Chicago on October 18-21.
October 17, 2014
09:21 EDTSAFMSanderson Farms weakness a buying opportunity, says Cleveland Research
Cleveland Research recommends taking advantage of weakness in Sanderson Farms due to weaker breast meat prices and raised estimates to reflect lower feed costs and higher wing pricing forecasts. Shares are Buy rated.
09:07 EDTSAFMProtein stock pullback on Sanderson comments overdone, says BMO Capital
BMO Capital views yesterday's decline in Sanderson Farms (SAFM), Pilgrim's Pride (PPC) and Tyson Foods (TSN) as an overreaction to Sanderson's comments regarding breast prices falling to year-ago levels for the next four months. BMO notes that breast prices always dip in the fall. Following Sanderson's investor day, BMO said it sees a greater probability of chicken margins remaining at near-record levels in 2015. It keeps an Outperform rating on the stock.
07:39 EDTSAFMChicken stock sell-off yesterday overdone, says JPMorgan
Subscribe for More Information
October 16, 2014
15:35 EDTSAFMSanderson Farms falls following investor day meeting
Subscribe for More Information
07:36 EDTCBFCapital Bank reports Q3 EPS 27c, consensus 26c
Subscribe for More Information
October 14, 2014
09:16 EDTNOWServiceNow initiated with a Positive at OTR Global
Subscribe for More Information
08:32 EDTTRNTrinity Industries valuation attractive opportunity, says KeyBanc
Subscribe for More Information
October 13, 2014
11:57 EDTSAFMSanderson Farms to host investor day
Subscribe for More Information
09:23 EDTNOWHP could buy lower valuation company, says Bernstein
Subscribe for More Information
1 | 2 | all recent news | >>

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