New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 19, 2013
10:04 EDTCOH, HMSY, FCS, LEG, VAR, PAY, TXN, MHR, COT, ALB, HUBGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Albermarle (ALB) downgraded to Neutral from Buy at SunTrust... Coach (COH) downgraded to Neutral from Outperform at RW Baird... Cott Corp. (COT) downgraded to Neutral from Buy at UBS... Magnum Hunter (MHR) downgraded to Neutral from Buy at UBS... Texas Instruments (TXN) downgraded to Market Perform from Outperform at Raymond James... Varian Medical (VAR) downgraded to Sell from Neutral at Citigroup... VeriFone (PAY) downgraded to Neutral from Buy at Compass Point... Wolverine World Wide (WWW) downgraded to Neutral from Outperform at Credit Suisse... Leggett & Platt (LEG) downgraded to Neutral from Buy at Monness Crespi... Coach (COH) downgraded to Neutral from Outperform at RW Baird... VeriFone (PAY) downgraded at Compass Point... Fairchild Semiconductor (FCS) downgraded to Neutral from Overweight at JPMorgan... Texas Instruments (TXN) downgraded at Raymond James... Hub Group (HUBG) downgraded to Equal Weight from Overweight at Stephens... HMS Holdings (HMSY) downgraded to Equal Weight from Overweight at First Analysis.
News For COH;ALB;COT;MHR;TXN;PAY;VAR;LEG;FCS;HMSY;HUBG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
October 21, 2014
09:37 EDTTXNActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL PBR AMZN C TWTR CVX VZ MCD GILD TXN
09:15 EDTTXNOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Apple (AAPL), up 3%... Texas Instruments (TXN), up 2.3%... Harley Davidson (HOG), up 7%... Celanese (CE), up 4%... United Technologies (UTX), up 1.4%. ALSO HIGHER: Neonode (NEON), up 20% after signing technology development agreement with global tier-one printer OEM... Illumina (ILMN), up 10%, upgraded at Janney Capital following the company's better than expected Q3 earnings. DOWN AFTER EARNINGS: Coca-Cola (KO), down 5%... Chipotle (CMG), down 4.6%... Verizon (VZ), down 1%. ALSO LOWER: CEL-SCI (CVM), down 15.3% after announcing proposed offering of common stock, warrants... Omeros (OMER), down 12% after suspending Huntington's clinical trial with OMS824... Tesoro Logistics (TLLP), down 2.4% after 20M share secondary priced at $57.47... Rhino Resources (RNO), down 53%, downgraded to Underperform at Raymond James following the reduction in its quarterly cash dividend.
09:03 EDTHMSYMagellan Health selects HMS unit for cost containment solutions
HMS, a wholly owned subsidiary of HMS Holdings (HMSY), announced that Magellan Health (MGLN) has selected HMS for cost containment solutions, including fraud, waste, and abuse detection and prevention across the company, as well as for insurance verification and subrogation services for Magellan Complete Care of Florida.
October 20, 2014
18:51 EDTTXNOn The Fly: After Hours Movers
Subscribe for More Information
18:32 EDTTXNTexas Instruments says long term CapEx expectations about 4% of revenue
Subscribe for More Information
16:35 EDTTXNTexas Instruments up 3% following Q3 results, Q4 guidance
16:33 EDTTXNTexas Instruments sees FY14 effective tax rate about 28%
Subscribe for More Information
16:32 EDTTXNTexas Instruments reports Q3 inventory days 108
consistent with the company's model of 105-115 days.
16:31 EDTTXNTexas Instruments reports Q3 gross margin 58.4%
16:31 EDTTXNTexas Instruments sees Q4 EPS 64c-74c, consensus 63c
Subscribe for More Information
16:30 EDTTXNTexas Instruments reports Q3 EPS 76c, consensus 71c
Subscribe for More Information
15:30 EDTTXNNotable companies reporting after market close
Subscribe for More Information
14:46 EDTTXNTexas Instruments October weekly 44.5 straddle priced for 3.6% move into Q3
Subscribe for More Information
14:29 EDTTXNEarnings Preview: Texas Instruments down 9% over last three months
Semiconductor maker Texas Instruments (TXN) is expected to report third quarter earnings after the close on Monday, October 20, with a conference call scheduled for 5:30 pm ET. EXPECTATIONS: Analysts are looking for earnings per share of 71c on revenue of $3.46B. The consensus range is 66c-74c for EPS on revenue of $3.44B-$3.5B, according to First Call. Along with its last earnings report, Texas Instruments guided to Q3 EPS of 66c-76c on revenue of $3.31B-$3.59B. LAST QUARTER: On July 21, Texas Instruments reported second quarter EPS of 62c, which was higher than analysts' consensus of 59c. The company's revenue of $3.29B exceeded analysts' expectation of $3.27B. Texas Instruments noted that the restructuring changes which occurred in Q2 are positioned to be nil in Q3 and noted that it anticipated utilization in Q3 to remain consistent with Q2 levels. NEWS: On September 18, Texas Instruments increased its quarterly dividend by 13% to 34c. WHAT'S NOTABLE: After the close on October 9, Microchip (MCHP), which develops microcontroller and analog semiconductors, said that it had experienced a number of negative trends during the quarter, including a weaker than usual September, weakness in China, and significant inventory builds at its distributor customers. Microchip President and CEO Steve Sanghi claimed his company often sees the turn of the semiconductor industry ahead of others, noting that it reports sales from distribution on a sell-through basis and that it does business with over 80,000 customers. Sanghi stated, "We believe that another industry correction has begun and that this correction will be seen more broadly across the industry in the near future." STREET RESEARCH: Analysts were fairly quiet on Texas Instruments during the quarter. The day after the company issued its Q2 earnings report, Sterne Agee believed that Texas Instruments' commentary on 4G telecom, auto and industrial strength should be positive for Spansion (CODE). RBC Capital noted on the same day that Texas Instruments had "strong" Q2 results, particularly in its execution, while its operating margin leverage was "impressive. The firm maintained a $57 price target and Outperform rating on the stock. On July 24, Tigress Financial upgraded Texas Instruments to Neutral from Underperform. PRICE ACTION: Over the last three months, Texas Instruments' shares are down about 9%. Since October 10, the day after Microchip's warning on the industry correction it believes has begun, Texas Instruments shares are down over 3%. In afternoon trading before tonight's report, Texas Instruments was up 1.7% to $44.41.
12:28 EDTPAYNCR Corp. plummets after guidance lowered
Shares of payment solutions company NCR Corp. (NCR) are sinking after the firm’s third quarter forecasts missed analysts’ consensus estimates and it lowered its outlook for fiscal 2014. WHAT'S NEW: This morning, NCR Corp. forecast Q3 EPS of 67c and revenue of $1.647B, below analysts' consensus estimates of 71c and $1.66B, respectively. Q3 free cash flow is seen at $132M, which includes the previously announced recovery of $93M related to the Fox River environmental matter. The company cited a challenging retail market as well as difficult global macroeconomic conditions, including foreign currency headwinds, for the weak outlook. WHAT'S NOTABLE: NCR Corp. lowered its FY14 EPS view to $2.60-$2.70 from $3.00-$3.10, compared to consensus of $3.00. It also cut its FY14 revenue outlook to $6.575B- $6.625B from $6.75B-$6.85B, versus consensus of $6.74B. The company said, “While we are disappointed by these results, our Financial Services business remains a bright spot, Q3 free cash flow improvement was strong, and our previously announced restructuring program is on track to deliver annual run-rate savings of approximately $90M by 2016. While we continue to be faced with challenging and uncertain market dynamics, we remain confident in the actions we are taking to address these challenges, including strengthening our Retail Solutions team and talent, as well as utilizing our restructuring program to allocate more resources to our highest growth, highest margin opportunities to drive long-term profitable growth.” PRICE ACTION: In afternoon trading, NCR Corp. fell $6.43, or about 21.5%, to $23.45 on nearly five times its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week low of $23.32. Including today's pull back, the shares have lost approximately 41% over the past 12 months. OTHERS TO WATCH: Other companies in the payment solutions business include VeriFone Systems (PAY) and Diebold (DBD).
12:10 EDTTXNTexas Instruments technical notes ahead of earnings
Subscribe for More Information
08:45 EDTTXNTexas Instruments volatility elevated into Q3 and outlook
Subscribe for More Information
07:12 EDTVARCongress of Neurological Surgeons to hold annual meeting
Subscribe for More Information
October 17, 2014
11:25 EDTPAYVeriFone wins appeal of patent ruling in favor of CardSoft
Subscribe for More Information
08:00 EDTPAYVeriFone fundamentals unchanged despite sell-off, says Jefferies
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use