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Stock Market & Financial Investment News

News Breaks
July 7, 2014
10:00 EDTTTGT, SONS, FUEL, PTCT, NAO, MOBL, MDCA, GLNG, EBMT, CLGX, CHEFOn 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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September 19, 2014
07:10 EDTGLNGGolar LNG price target raised to $110 from $75 at BofA/Merrill
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September 18, 2014
07:31 EDTSONSSonus terminates shareholder rights plan, effective September 17
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06:02 EDTNAONAO chairman says company in 'excellent position to grow accretively'
In a letter to shareholders, Nordic American Offshore chairman Herbjørn Hansson said, "NAO is in an excellent position to grow accretively. After an acquisition of vessels the company shall be able to pay a higher dividend per share and produce higher earnings per share than had such acquisitions not taken place. We are actively looking for acquisition opportunities that fit in with our high-specification fleet. I am hopeful that NAO will grow significantly in the coming years while generating strong total returns."
September 17, 2014
08:04 EDTPTCTPTC Therapeutics prepares launch of Translarna in Europe
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07:26 EDTCLGXAmerican Enterprise Institute to hold a conference
3rd International Conference on Housing Risk to be held in Washington, D.C. on September 17-18.
September 15, 2014
09:59 EDTPTCTOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Realty (ARCP) initiated with an Overweight at JPMorgan... Athlon Energy (ATHL) initiated with a Buy at KLR Group... Capital Product (CPLP) initiated with a Buy at Jefferies... Continental Resources (CLR) initiated with a Buy at Canaccord... Costco (COST) initiated with a Buy at Citigroup... Infinera (INFN) initiated with an Outperform at Barrington... NRG Yield (NYLD) initiated with an Outperform at RBC Capital... PTC Therapeutics (PTCT) initiated with a Buy at Deutsche Bank... Power Solutions (PSIX) initiated with an Outperform at Northland... ServiceNow (NOW) initiated with an Outperform at William Blair... Target (TGT) initiated with a Neutral at Citigroup... Team (TISI) initiated with a Neutral at Sidoti... VeriFone (PAY) initiated with a Buy at Monness Crespi... Wal-Mart (WMT) initiated with a Neutral at Citigroup... Whiting Petroleum (WLL) initiated with a Buy at Canaccord... Winnebago (WGO) initiated with an Outperform at BMO Capital.
05:45 EDTPTCTPTC Therapeutics initiated with a Buy at Deutsche Bank
Target $75.
September 12, 2014
10:39 EDTGLNGGalahad Securities reports 5.2% passive stake in Golar LNG
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09:14 EDTFUELOn The Fly: Pre-market Movers
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08:42 EDTFUELRocket Fuel volatility expected to move on Alliance Data acquiring Conversant
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07:47 EDTSONSSonus shares should be bought on recent weakness, says Pacific Crest
Pacific Crest believes that the adoption of VoLTE will provide Sonus with incremental revenue opportunities for both voice and video solutions. The firm warns that the bulk of the opportunity from this catalyst is in 2015, but keeps a $6 price target and Outperform rating on the shares.
September 11, 2014
18:35 EDTFUELOn The Fly: After Hours Movers
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17:02 EDTFUELConversant soars after Alliance data to acquire company for $2.3B
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September 10, 2014
11:06 EDTMOBLHigh option volume stocks
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10:05 EDTCLGXCoreLogic management to meet with Oppenheimer
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07:53 EDTFUELDeutsche Bank to hold a conference
Technology Conference to be held in Las Vegas on September 9-11 with webcasted company presentations to begin on September 10 at 10:30; not all company presentations may be webcasted. Webcast Link
07:27 EDTSONSARRIS, Sonus pullbacks bring compelling entry points, says Jefferies
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September 9, 2014
14:03 EDTSONSSonus Networks SBCs added to U.S. DoD approved products list
Sonus Networks announced that the Sonus SBC 5110 and Sonus SBC 5210 Session Border Controllers have completed the interoperability testing and information assurance certification for the Defense Information Systems Agency UCR2013 requirements and are posted on the JITC’s Approved Products List. The JITC APL provides a list of certified technology products for deployment in the U.S. DoD. The SBC 5110 and the SBC 5210 join the Sonus NX 1000 IP Access Switch, Promina 800 Multiplexor and VX 900, which are currently listed on the JITC’s APL.
13:33 EDTSONSSonus Networks shares jumps during Apple event
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08:07 EDTPTCTPTC Therapeutics completes enrollment of Phase 3 trial of Translarna
PTC Therapeutics announced that it has completed enrollment of ACT DMD, the Phase 3 confirmatory trial of Translarna, or ataluren, for patients with nonsense mutation Duchenne muscular dystrophy, or nmDMD. Top-line data from the trial is expected in the second half of 2015 and will support further approvals globally, following European approval received earlier this year.
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