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Stock Market & Financial Investment News

News Breaks
March 27, 2013
09:28 EDTLNN, UTSI, LNDC, SAI, APOL, LOGM, MFRM, CLFOn 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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July 28, 2015
09:03 EDTLNDCLandec appoints Molly Hemmeter as CEO, succeeding Gary Steele in October
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08:19 EDTMFRMWayfair, Mattress Firm partner to offer same-day delivery services
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July 24, 2015
07:43 EDTLOGMLogMeln price target raised to $84 from $72 at RBC Capital
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July 23, 2015
19:06 EDTLOGMOn The Fly: After Hours Movers
UP AFTER EARNINGS: Amazon (AMZN), up 17.2%... Marketo (MKTO), up 15.4%... Juniper Networks (JNPR), up 9.9%... NetGear (NTGR), up 9.2%... Qlik Technologies (QLIK), up 9.1%... LogMeIn (LOGM), up 9.9%... Pandora (P), up 10.3%... Mitek Systems (MITK), up 7.8%... Proofpoint (PFPT), up 5.1%... Supreme Industries (STS), up 4.7%... Skyworks (SWKS), up 3.6%... IGI Laboratories (IG), up 3.7%... Maxim Integrated Products (MXIM), up 4.1%... Boyd Gaming (BYD), up 4.1%... Trinity Industries (TRN), up 5%... Trinity Industries (N), up 3.2%... Starbucks (SBUX), up 4.5%. ALSO HIGHER: Qorvo (QRVO), up 2.7% after Skyworks reported quarterly results. DOWN AFTER EARNINGS: TrueCar (TRUE), down 33.1% after reporting quarterly results and cutting fiscal 2015 revenue guidance... Tripadvisor (TRIP), down 9.2%... Align Technology (ALGN), down 7.4%... Capital One (COF), down 4.9%... PMC-Sierra (PMCS), down 9.1%... athenahealth (ATHN), down 2.1%. ALSO LOWER: Sunesis Pharmaceuticals (SNSS), down 59.7% after giving vosaroxin regulatory update... Avalanche Biotechnologies (AAVL), down 5.6% after CEO Thomas Chalberg, Jr., Ph.D. resigns and Hans Hull name interim CEO.
16:42 EDTLOGMLogMeln sees FY15 adjusted EPS $1.51-$1.57, consensus $1.40
Sees FY15 revenue $265M-$266.5M, consensus $263.85M. Sees adjusted EBITDA $63M-$65M.
16:40 EDTLOGMLogMeln sees Q3 revenue $68.8M-$69.3M, consensus $67.73M
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16:40 EDTLOGMLogMeln sees Q3 adjusted EPS 43c-44c, consensus 36c
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16:38 EDTLOGMLogMeln reports Q2 adjusted EPS 35c, consensus 33c
Reports Q2 revenue $64.83M, consensus $64.01M.
05:23 EDTCLFStocks with implied volatility movement; MDLZ CLF
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July 22, 2015
20:01 EDTLNNLindsay announces $100M increase to share repurchase program
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20:00 EDTLNNLindsay raises quarterly ash dividend to 28c per share from 27c per share
Lindsay announced that its board has declared a regular quarterly cash dividend of 28c per share, payable August 31, to shareholders of record on August 17. This quarterly cash dividend rate represents a 4% increase over the previous quarterly indicated rate of 27c per share. The new annual indicated rate is $1.12 per share, up from the previous annual indicated rate of $1.08 per share.
11:34 EDTCLFOptions with increasing put volume and implied volatility: RSX CLF FFIV
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July 21, 2015
06:01 EDTUTSIUTStarcom appoints GHP Horwath as independent auditor
UTStarcom announced that it has dismissed PricewaterhouseCoopers Zhong Tian and appointed GHP Horwath as the Company’s independent auditor effective July 21. The Company’s Audit Committee and Board of Directors participated in and approved the decision to change the Company’s independent registered public accounting firm. The Company will endeavor to work with GHP Horwath to complete interim procedures in conjunction with the Company’s Q2 earnings announcement. The Company is currently working with PwC and GHP Horwath to ensure a smooth transition.
July 15, 2015
08:02 EDTMFRMSynchrony Financial, Mattress Firm partner on consumer credit card program
Synchrony Financial (SYF) and Mattress Firm (MFRM) announced a new, multi-year agreement to offer a private label credit card program for customers of Mattress Firm and its family of brands, including Sleep Train and Mattress Pro. Expected to launch in April 2016, the new credit card program will be available for online and in-store purchases at approximately 2,200 Mattress Firm, Sleep Train and Mattress Pro stores in the United States, which carry a full range of traditional and specialty mattresses, bedding accessories and top-rated products.
July 14, 2015
07:38 EDTMFRMMattress Firm initiated with a Buy at BofA/Merrill
Target $75.

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