New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 18, 2014
10:01 EDTCLB, SM, MDT, DTV, CBI, WAG, NDSN, GPS, DMND, CECO, TSN, NMBL, BENOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Career Education (CECO) upgraded to Equal Weight from Underweight at First Analysis... Chicago Bridge & Iron (CBI) upgraded to Buy from Neutral at DA Davidson... Core Laboratories (CLB) upgraded to Outperform from Sector Perform at Iberia... Diamond Foods (DMND) upgraded to Buy from Hold at KeyBanc... DirecTV (DTV) upgraded to Buy from Neutral at Buckingham... Franklin Resources (BEN) upgraded to Buy from Neutral at Goldman... Gap (GPS) upgraded to Buy from Hold at Canaccord... Medtronic (MDT) upgraded to Overweight from Equal Weight at Barclays... Nimble Storage (NMBL) upgraded at Morgan Stanley... Nordson (NDSN) upgraded to Outperform from Market Perform at Barrington... SM Energy (SM) upgraded to Buy from Hold at Tudor Pickering... Tyson Foods (TSN) upgraded to Outperform from Market Perform at BMO Capital... Walgreens (WAG) upgraded to Overweight from Equal Weight at Barclays.
News For CECO;CBI;CLB;DMND;DTV;BEN;GPS;MDT;NMBL;NDSN;SM;TSN;WAG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
July 23, 2015
12:39 EDTDTVEarnings Watch: Analyst sentiment positive on AT&T ahead of Q2 results
AT&T (T) is expected to report second quarter earnings after the market close on Thursday, July 23, with a conference call scheduled for 4:30 pm ET. AT&T is a global telecommunications company offering wireless and long distance services. EXPECTATIONS: Analysts are looking for earnings per share of 63c on revenue of $33.04B, according to First Call. The consensus range for EPS is 52c-67c on revenue of $32.51B-$33.84B. LAST QUARTER: AT&T reported first quarter adjusted EPS of 63c against estimates for 62c, on revenue of $32.58B against estimates for $32.84B. In Q1, the company reported the following: Wireless service revenues were down 3.7% to $14.81B; Phone-only postpaid ARPU decreased 9.6% versus the year-earlier quarter; Phone-only postpaid ARPU with AT&T Next monthly billings decreased 1.9% year over year, but increased 0.4% sequentially; Postpaid churn of 1.02%; 6.2M postpaid smartphone gross adds and upgrades in the quarter; 1.2M total wireless net adds, including 441,000 postpaid and 684,000 connected cars; 1.2M branded smartphones added to base, including 700,000 prepaid. AT&T noted its FY15 standalone guidance remained 'on track,' and said it expected the DirecTV (DTV) deal to close in Q2. STREET RESEARCH: Street research has been overwhelmingly positive in the weeks leading up to AT&T's Q2 earnings report with several firms issuing upgrades on the stock. On July 1, Oppenheimer raised their price target on AT&T to $40 from $36. Following AT&T's acquisition of DirecTV, Oppenheimer expects AT&T to benefit from cross-selling, new services, and higher wireless prices. The firm expects the company's free cash flow to be boosted by its winding down of Project VIP. The firm kept an Outperform rating on the stock. Also on July 1, Buckingham initiated AT&T with a Buy rating and $41 price target. On July 9, Stifel resumed coverage of AT&T with a Buy and $41.50 price target. PRICE ACTION: AT&Tís shares are up approximately 4% since the company's Q1 report. However, over the past 12 months, they are down about 5%. In afternoon trading ahead of tonightís Q2 report, AT&Tís shares are down 0.7%.
08:19 EDTCBIChicago Bridge & Iron awarded $60M oil sands maintenance contract
CB&I has been awarded a contract for approximately $60M by a major energy company to provide maintenance services for three separate oil sands facilities in Alberta, Canada.
08:18 EDTCBIChicago Bridge & Iron awarded $100M contract for Louisiana refinery
Subscribe for More Information
05:29 EDTCBIStocks with implied volatility movement; CBI SUNE
Subscribe for More Information
July 22, 2015
19:02 EDTCLBOn The Fly: After Hours Movers
Subscribe for More Information
17:00 EDTCLBCore Laboratories sees Q4 EPS 84c-86c
Subscribe for More Information
16:59 EDTCLBCore Laboratories sees Q3 EPS 82c-84c, consensus 80c
Sees Q3 revenue $203M-$205M, consensus $195.88M.
16:58 EDTCLBCore Laboratories reports Q2 EPS 82c ex-item, consensus 77c
Subscribe for More Information
14:20 EDTCBIChicago Bridge & Iron July weekly volatility elevated into Q2 and outlook
Chicago Bridge & Iron July weekly call option implied volatility is at 120, August is at 59, September is at 54; compared to its 52-week range of 24 to 73, suggesting large near term price movement into the expected release of Q2 results on July 23.
10:15 EDTMDTThoratec downgraded to Market Perform from Outperform at Northland
Subscribe for More Information
July 21, 2015
19:34 EDTDTVAT&T pleased with FCC order, sees closing DirecTV deal 'shortly' after approval
Subscribe for More Information
18:54 EDTDTVAT&T announces Department of Justice completed review of acquisition of DirecTV
AT&T (T) released the following statement "We are pleased the Department of Justice has completed its review of our acquisition of DIRECTV (DTV). We look forward to gaining the approval of the Federal Communications Commission so we can quickly begin providing consumers with the benefits of this combination."
18:33 EDTDTVFCC chairman proposes to approve AT&T-DirecTV deal with conditions
In light of news reports concerning the proposed AT&T (T) and DirecTV (DTV) transaction, FCC chairman Tom Wheeler issued the following statement: "An order recommending that the AT&T-DirecTV transaction be approved with conditions has circulated to the commissioners... If the conditions are approved by my colleagues, 12.5M customer locations will have access to a competitive high-speed fiber connection. This additional build-out is about 10 times the size of AT&Tís current fiber-to-the-premise deployment... and more than triples the number of metropolitan areas AT&T has announced plans to serve. In addition, the conditions will build on the 'Open Internet Order' already in effect... First, in order to prevent discrimination against online video competition, AT&T will not be permitted to exclude affiliated video services and content from data caps on its fixed broadband connections. Second, in order to bring greater transparency to interconnection practices, the company will be required to submit all completed interconnection agreements to the Commission, along with regular reports on network performance... We will require an independent officer to help ensure compliance with these and other proposed conditions." Reference Link
18:24 EDTDTVFCC poised to approve AT&T acquisition of DirecTV, WSJ reports
Subscribe for More Information
16:57 EDTDTVFCC poised to approve AT&T acquisition of DirecTV, DJ says
Subscribe for More Information
14:24 EDTNMBLEarnings Watch: EMC reports amid M&A speculation in sector
Subscribe for More Information
06:07 EDTGPSONUG: Yahoo hires VP of global network from Symantec
Subscribe for More Information
July 20, 2015
13:20 EDTBENOptions with increasing put volume: CPN AKS HST BEN TTM
08:08 EDTCBIChicago Bridge & Iron awarded $90M contract by NefteGazIndustriya
CB&I announced it has been awarded a contract in excess of $90M by NefteGazIndustriya through project developer MAVEG Industrieausruestungen, for the Afipsky Oil Refinery. The scope of work includes detailed engineering, procurement, fabrication and supply of a steam methane reformer for a large-scale hydrogen plant, hydrocracking heaters and Breech-Lock exchangers. CB&I previously announced two awards on the projectóthe technology license and FEED contract and detailed engineering and procurement services for multiple process units.
06:13 EDTCBIChicago Bridge & Iron implied volatility of 66 at upper end of index
1 | 2 | 3 | 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