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Stock Market & Financial Investment News

News Breaks
March 27, 2013
09:28 EDTLOGM, MFRM, CLF, LNN, UTSI, LNDC, SAI, APOLOn The Fly: Pre-market Movers
HIGHER: UTStarcom (UTSI), up 25% after Shah Capital offers to buy company for $3.20 per share in cash... UP AFTER EARNINGS: Mattress Firm (MFRM), up 5.3%... SAIC (SAI), up 3.7%... Lindsay (LNN), up 2.9%... LOWER: Cliffs Natural (CLF), down 13.4% after downgrade to Underweight at Morgan Stanley, Credit Suisse lowering price target to $10 from $30... LogMeln (LOGM), down 5.5%, after having gained nearly 20% yesterday following favorable patent ruling... Apollo Group (APOL), down 3.1%, following downgrade at Wells Fargo.
News For CLF;APOL;UTSI;MFRM;SAI;LNN;LOGM;LNDC From The Last 14 Days
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November 20, 2014
06:25 EDTCLFCliffs Natural downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Cliffs Natural to Hold citing the likely closure of the company's Bloom Lake operations. Deutsche lowered its price target for shares to $10.
06:23 EDTCLFStocks with implied volatility movement; CLF GDP
Stocks with implied volatility movement; Cliffs Natural (CLF) 110, Goodrich Petroleum (GDP) 144 according to iVolatility.
November 19, 2014
16:31 EDTCLFOn The Fly: Closing Wrap
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12:46 EDTCLFOn The Fly: Midday Wrap
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10:35 EDTCLFCliffs Natural's Bloom Lake closure costs a worst case, says Credit Suisse
Credit Suisse said Cliffs Natural's Bloom Lake closure cost guidance of $650M-$700M is a worst case scenario and significantly less negative scenarios are possible.
10:10 EDTCLFCliffs Natural only has nominal value at $85/mt iron ore, says CRT Capital
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09:53 EDTCLFCliffs Natural price target lowered to $4 from $8 at Brean Capital
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06:27 EDTCLFCliffs Natural to pursue exit options for Eastern Canadian iron ore operations
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November 18, 2014
13:28 EDTCLFIron ore, steel stocks lower after iron ore prices, China home prices decline
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November 14, 2014
05:57 EDTUTSIUTStarcom expects to achieve double-digit revenue growth in FY14
05:56 EDTUTSIUTStarcom sees Q4 revenue $25M-$30M, consensus $32.64M
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05:54 EDTUTSIUTStarcom reports Q3 EPS ex-items (10c), one estimate (8c)
Reports Q3 revenue $32.3M, one estimate $30.75M.
05:47 EDTUTSIUTStarcom announces $40M share repurchase program
UTStarcom announced that its board has approved a share repurchase program of up to $40M of its outstanding shares over the next 24 months. The share repurchase program was approved by UTStarcom's board and became effective on November 12.
November 12, 2014
12:41 EDTAPOLFor-profit education stocks look appealing, analyst says
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08:19 EDTAPOLJPMorgan to hold a conference
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07:22 EDTAPOLPiper says time to increase exposure to Education sector
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November 11, 2014
12:09 EDTLOGMRackspace soars after Q3 results top estimates, $500M share buyback plan
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09:59 EDTCLFCliffs Natural calls active
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09:50 EDTCLFRumor: Cliffs Natural moves up on renewed takeover chatter
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November 10, 2014
09:20 EDTCLFNucor unlikely to partner on Cliffs Natural asset, says Bernstein
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