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Stock Market & Financial Investment News

News Breaks
July 16, 2014
06:37 EDTAAN, CONN, RCIIConn's recent sell-off a buying opprotunity, says Piper Jaffray
Piper Jaffray views the 9% sell-off in shares of Conn's (CONN) over the past three days as unwarranted. Piper notes that Conn's comps have no correlation to Aaron's (AAN) and Rent-A-Center (RCII), who both issued negative preannouncements. The firm recommends buying Conn's and keeps an Overweight rating on the name with a slightly reduced price target of $59.
News For CONN;AAN;RCII From The Last 14 Days
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April 24, 2015
07:04 EDTAANAaron's reported total stores at March 31, 2015 was 2,108
At March 31, 2015, the Company had 1,235 Company-operated Aaron's Sales & Lease Ownership stores, 788 franchised Aaron's Sales & Lease Ownership stores, 83 Company-operated HomeSmart stores, and two franchised HomeSmart stores. The total number of stores open at March 31, 2015 was 2,108.
07:03 EDTAANAaron's raises FY15 adjusted EPS to $2.01-$2.21 from $1.90-$2.10
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07:01 EDTAANAaron's reports Q1 non-GAAP EPS 73c, consensus 55c
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April 22, 2015
16:33 EDTCONNPoint72 Asset Management reports 5% passive stake in Conn's
April 21, 2015
10:01 EDTRCIIOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Agios Pharmaceuticals (AGIO) initiated with a Perform at Oppenheimer... Bed Bath & Beyond (BBBY) initiated with a Buy at Cantor... BioCryst (BCRX) initiated with an Outperform at FBR... Bovie Medical (BVX) initiated with an Outperform at JMP Securities... Calavo Growers (CVGW) initiated with a Buy at Janney Capital... Clorox (CLX) initiated with a Sector Weight at KeyBanc... Coach (COH) initiated with a Sell, $32 target at Cantor... Compugen (CGEN) initiated with an Outperform at Oppenheimer... Corcept Therapeutics (CORT) initiated with an Outperform at FBR Capital... Criteo (CRTO) initiated with an Outperform at Raymond James... CytRx (CYTR) initiated with an Outperform at FBR Capital... Dollar Tree (DLTR) initiated with a Buy at Cantor... Facebook (FB) initiated with a Buy at Cleveland Research... Gap (GPS) initiated with a Hold at Cantor... Genocea (GNCA) initiated with an Outperform at FBR Capital... Geron (GERN) initiated with an Outperform at Oppenheimer... Home Depot (HD) initiated with a Hold at Cantor... HubSpot (HUBS) initiated with a Buy at Needham... Jernigan Capital (JCAP) initiated with a Buy at Wunderlich... La Jolla (LJPC) initiated with an Outperform, $43 target at Oppenheimer... Lowe's (LOW) initiated with a Hold at Cantor... Lumber Liquidators (LL) initiated with a Buy, $45 target at Cantor... New Residential (NRZ) reinstated with an Outperform at Credit Suisse... Rent-A-Center (RCII) initiated with a Buy at Cantor... Ross Stores (ROST) initiated with a Hold at Cantor... Rubicon Project (RUBI) initiated with an Outperform at Raymond James... SolarCity (SCTY) initiated with an Outperform at Northland... SolarEdge (SEDG) initiated with a Buy at Canaccord... Spectrum Brands (SPB) initiated with an Overweight at KeyBanc... Summit Materials (SUM) initiated with a Buy at BB&T... Synergy Resources (SYRG) initiated with a Buy at KLR Group... Synta Pharmaceuticals (SNTA) initiated with an Outperform at FBR Capital... TJX (TJX) initiated with a Hold at Cantor... Tiffany (TIF) initiated with a Hold at Cantor... TubeMogul (TUBE) initiated with a Market Perform at Raymond James... Urban Outfitters (URBN) initiated with a Buy at Cantor... WhiteWave Foods (WWAV) initiated with a Neutral at Janney Capital... Williams-Sonoma (WSM) initiated with a Hold at Cantor... Zafgen (ZFGN) initiated with an Outperform at FBR Capital.
April 20, 2015
16:16 EDTRCIIRent-A-Center initiated with a Buy at Cantor
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