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Stock Market & Financial Investment News

News Breaks
July 7, 2014
10:00 EDTNAO, FUEL, TTGT, PTCT, SONS, GLNG, CHEF, MOBL, EBMT, MDCA, CLGXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Chef's Warehouse (CHEF) initiated with a Market Perform at BMO Capital... CoreLogic (CLGX) initiated with a Buy at Monness Crespi... Eagle Bancorp (EBMT) initiated with an Outperform at Fig Partners... Golar LNG (GLNG) initiated with a Buy at BofA/Merrill... MDC Partners (MDCA) initiated with an Overweight at Evercore... MobileIron (MOBL) initiated with a Buy at Deutsche Bank... Nordic American Offshore (NAO) initiated with an Overweight at Morgan Stanley... PTC Therapeutics (PTCT) initiated with a Buy at Roth Capital... Rocket Fuel (FUEL) initiated with a Market Perform at Wells Fargo... Sonus Networks (SONS) initiated with an Outperform at Pacific Crest... TechTarget (TTGT) initiated with a Buy at Craig-Hallum.
News For CHEF;CLGX;EBMT;GLNG;MDCA;MOBL;NAO;PTCT;FUEL;SONS;TTGT From The Last 14 Days
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July 29, 2015
06:38 EDTPTCTBioMarin price target raised to $163 from $147 at Piper Jaffray
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July 28, 2015
12:02 EDTEBMTEagle Bancorp announces 100,000 share repurchase program
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12:01 EDTEBMTEagle Bancorp reports Q2 EPS 21c, consensus 15c
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10:00 EDTMDCAOn The Fly: Analyst Initiation Summary
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08:16 EDTMDCAMDC Partners initiated with an Outperform at Wedbush
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July 23, 2015
16:42 EDTCLGXCoreLogic sees 2015 adjusted EPS $1.75-$1.85, consensus $1.79
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16:41 EDTCLGXCoreLogic reports Q2 adjusted EPS 55c, consensus 48c
Reports Q2 revenue $386M, consensus $389.25M.
10:53 EDTCLGXCoreLogic moves up following a positive mention by Navellier
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July 21, 2015
17:14 EDTGLNGGolar LNG to convert LNG carrier Gandria to a Golar floating facility
Golar LNG announced that it has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility. As with the GoFLNG Hilli and Gimi conversions, the primary contract for the GoFLNG Gandria was entered into with Singapore's Keppel Shipyard. The Gandria conversion contract marks the exercise of the second of two options that formed part of the initial 2014 Hilli conversion contract. Black & Veatch will provide its licensed PRICO technology, perform detailed engineering and process design, specify and procure topside equipment, and provide commissioning support for the GoFLNG topsides and liquefaction process. The decision to go ahead with the third conversion project was taken following a thorough review of the growing portfolio of business development opportunities for GoFLNG. This has shown potential demand from several possible customers for delivery of floating liquefaction facilities as early as 2018.
10:01 EDTMDCAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ASML (ASML) upgraded to Accumulate from Neutral at SNS Securities... Anacor (ANAC) upgraded to Buy from Neutral at Goldman... Artisan Partners (APAM) upgraded to Outperform from Neutral at Credit Suisse... Canadian National (CNI) upgraded to Buy from Hold at Canaccord... General Mills (GIS) upgraded to Outperform from Sector Perform at RBC Capital... Halliburton (HAL) upgraded to Accumulate from Neutral at Global Hunter... Harte-Hanks (HHS) upgraded to Outperform from Market Perform at BMO Capital... MDC Partners (MDCA) upgraded to Overweight from Neutral at Piper Jaffray... SABMiller (SBMRY) upgraded to Buy from Neutral at Nomura... Sanmina (SANM) upgraded to Neutral from Underperform at Longbow... Santander Mexico (BSMX) upgraded to Neutral from Sell at Goldman... Sherwin-Williams (SHW) upgraded to Buy from Neutral at Northcoast... Southwestern Energy (SWN) upgraded to Buy from Neutral at Global Hunter... Verisk Analytics (VRSK) assumed with an Outperform at Keefe Bruyette.
06:52 EDTMDCAMDC Partners upgraded to Overweight from Neutral at Piper Jaffray
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06:37 EDTGLNGGolar LNG receives underwritten financing commitment
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July 20, 2015
17:23 EDTMDCAMDC Partners reaffirms annual guidance
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17:22 EDTMDCAMDC Partners names Scott Kauffman as CEO
MDC Partners announced that Miles Nadal has retired as the company's CEO. Nadal is also stepping down from his position on the Board of Directors as Chairman. Scott Kauffman, who has served as Presiding Director on the company's Board of Directors, has been named the company's new Chairman and CEO. Irwin Simon, a current member of the Board, has been appointed as MDC's Presiding Director. The company also announced that Michael Sabatino, formerly Chief Accounting Officer of MDC Partners, has resigned.
July 17, 2015
10:05 EDTMDCAOn The Fly: Analyst Upgrade Summary
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09:37 EDTMDCAMDC Partners upgraded to Overweight from Market Perform at Albert Fried
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July 15, 2015
16:28 EDTPTCTOn The Fly: Top stock stories for Wednesday
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12:18 EDTPTCTOn The Fly: Top stock stories at midday
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06:45 EDTPTCTJPMorgan upgrades PTC Therapeutics with $100 target ahead of data
JPMorgan analyst Anupam Rama upgraded PTC Therapeutics (PTCT) to Overweight from Neutral citing an attractive risk/reward profile into the phase 3 results for Translarna in non-sense mutation Duchenne Muscular Dystrophy. The data are expected in Q4. Rama believes the study is designed for success and raised the firm's probability of success to 80%. PTC shares are off down 37% since the mid-March highs when takeout speculation was a key driver of appreciation, Rama tells investors this morning in a research note. The analyst raised PTC's price target to $100 from $74. Shares of PTC closed yesterday up $1.30 to $48.94.
06:44 EDTPTCTPTC Therapeutics upgraded to Overweight from Neutral at JPMorgan
Price target raised to $100 from $74.
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