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Stock Market & Financial Investment News

News Breaks
October 23, 2012
10:00 EDTDUK, NCMI, YHOO, XL, TOO, RNR, PSA, POWI, MNI, CNL, CHKPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Check Point (CHKP) upgraded to Overweight from Neutral at JPMorgan... Cleco (CNL) upgraded to Buy from Neutral at Goldman... Cleco (CNL) upgraded to Outperform from Market Perform at Wells Fargo... McClatchy (MNI) upgraded to Buy from Neutral at Citigroup... Power Integrations (POWI) upgraded to Buy from Neutral at Sterne Agee... Public Storage (PSA) upgraded to Hold from Sell at Cantor.. RenaissanceRe (RNR) upgraded to Outperform from Market Perform at Keefe Bruyette... Teekay Offshore Partners (TOO) upgraded to Overweight from Neutral at JPMorgan... XL Group (XL) upgraded to Outperform from Market Perform at Keefe Bruyette... Yahoo! (YHOO) upgraded to Positive from Neutral at Susquehanna... National CineMedia (NCMI) upgraded to Buy from Hold at Stifel Nicolaus... Duke Energy (DUK) upgraded to Overweight from Underweight at JPMorgan.
News For CHKP;CNL;MNI;POWI;PSA;RNR;TOO;XL;YHOO;NCMI;DUK From The Last 14 Days
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April 14, 2014
08:59 EDTYHOOOn The Fly: Pre-market Movers
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07:25 EDTYHOOYahoo upgraded to Buy from Neutral at SunTrust
SunTrust upgraded its rating on Yahoo (YHOO) shares to Buy from Neutral saying the risk/reward is favorable following the recent pullback in shares. The firm sees the potential for 21% upside to its $40 price target.
06:28 EDTYHOOAlibaba asks public to help identify China's polluted water, Bloomberg says
Alibaba (YHOO) is asking the public to help map water quality throughout China to increase environmental awareness, reported Bloomberg. Testing kits are sold through the company for $10 and volunteers can measure pollutants in freshwater sources and upload the data to a digital map via smartphones. Reference Link
April 11, 2014
08:55 EDTYHOOTravelzoo makes management changes amid continued weakness in Local & Search
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07:29 EDTCHKPNetwork security Q1 survey shows 'respectable' demand, says Jefferies
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April 10, 2014
14:54 EDTYHOOYahoo volatility increases as shares trend lower
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07:02 EDTDUKDuke Energy EPS, dividend growth could accelerate 2016-2018, says Bernstein
Bernstein believes that Duke Energy's EPS and dividend growth could accelerate from 2016-2018. The firm raised its price target on the stock to $78 from $77 but keeps a Market Perform rating on the shares.
06:48 EDTYHOOYahoo's strategy similar to past efforts, Re/code says
Yahoo, which is reportedly looking to become a major player in Internet video, was working on similar initiatives in mid-2012, according to Re/code. Reference Link
06:26 EDTYHOOYelp deal with Yahoo receives criticism from small business owners, WSJ reports
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06:04 EDTYHOOYahoo hires Bobbi Brown to be editor-in-chief of beauty site, Re/code reports
Yahoo (YHOO) has hired Bobbi Brown, the creator of Bobbi Brown Cosmetics (EL), to be the editor-in-chief of its beauty site, Re/code reports, noting that several of Yahoo's big advertisers -- L'Oreal (LRLCY), Procter & Gamble (PG) and Unilever (UN, UL) -- are competitive with Bobbi Brown Cosmetics. Reference Link
April 9, 2014
17:49 EDTCHKPImperva plummets after lowering Q1 EPS and revenue outlook
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17:32 EDTCHKPImperva Q1 miss likely to weigh on Security sector, says Wells Fargo
Wells Fargo believes the magnitude of Imperva's (IMPV) Q1 miss will weigh on the Cyber Security industry since expectations for the group were relatively high going into Q1 earnings. Names in the space include Check Point (CHKP), Fortinet (FTNT), FireEye (FEYE), Palo Alto (PANW) and Symantec (SYMC). Wells notes, however, that it sees little direct fundamental implications for other names in the group as Imperva's issues were likely more company specific. Wells has Outperform ratings on Check Point, FireEye, Palo Alto and Fortinet.
14:37 EDTYHOOYahoo likely to report 'tepid' quarter, BGC says
BGC's Colin Gillis said he expects Yahoo to report another "tepid quarter" when it reports earnings next week, with the firm expecting revenue to be flat year-over-year with underlying metrics that are discouraging. Gillis added that the near-term valuation for Yahoo's stake in Alibaba, which has aided investor enthusiasm for Yahoo, has likely peaked, and the firm maintains a Hold rating and $34 price target on shares.
April 8, 2014
18:11 EDTMNIMcClatchy to sell Anchorage Daily News to Alaska Dispatch Publishing for $34M
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12:24 EDTYHOOYahoo quarter 'lackluster,' near deal for Chief Revenue Officer, Re/code says
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07:28 EDTYHOOFour Internet stocks attractive after pullbacks, says Stifel
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April 6, 2014
14:21 EDTYHOOYahoo plans to acquire bigger budget TV programming, WSJ says
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April 3, 2014
06:20 EDTYHOOYahoo's goal of raising encryption could clash with advertising, WSJ reports
Yahoo's Chief Information Security Officer Alex Stamos announced new progress on efforts to beef up encryption although he admits there are limits to this encryption, reports the Wall Street Journal. The company could use HTTPS, which would block outsiders from watching data people submit, but Yahoo would then have to persuade every advertising network running ads to use the same encryption. Reference Link
April 2, 2014
19:15 EDTYHOOYahoo says all traffic between data centers now encrypted
In a post on the company's Tumblr page, Yahoo's Chief Information Security Officer Alex Stamos said that, traffic moving between Yahoo data centers is fully encrypted as of March 31, the Yahoo homepage and all search queries that run on the Yahoo homepage and most Yahoo properties also have HTTPS encryption enabled by default, and in the coming months, a new, encrypted version of Yahoo Messenger will be deployed. Reference Link
10:12 EDTCHKPFortinet advances following Wells Fargo upgrade
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