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Stock Market & Financial Investment News

News Breaks
January 22, 2013
08:12 EDTCPHDCepheid weakness a buying opportunity, says RW Baird
Baird recommends using potential HBDC-related weakness a s buying opportunity. The firm believes consensus estimates may not appropriately reflect the near-term HBDC accounting dynamics and is waiting on the guidance from the company's earnings conference call following its report on Thursday. Shares are Outperform rated with a $45 price target.
News For CPHD From The Last 14 Days
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October 1, 2014
16:10 EDTCPHDCepheid to acquire customer relationships from LABSCO
Cepheid announced that it has entered into a purchase agreement to acquire the customer relationships from its former distribution partner, the Laboratory Supply Company,LABSCO. LABSCO has partnered with Cepheid since early 2012 to drive adoption of the GeneXpert® System in US hospitals with fewer than 150 beds, which increased Cepheid's installed base in the segment by approximately 200 customers...The purchase price is $21M for the acquisition of the customer relationships established by LABSCO, subject to certain upward and downward purchase price adjustments. As part of the purchase agreement, Cepheid terminated its prior distribution agreement with LABSCO, which was otherwise scheduled to end on December 31. The prior agreement also contained obligations regarding future sales to existing customers which have also been terminated as part of this transaction.
September 18, 2014
07:06 EDTCPHDCepheid weakness creates buying opportunity, says Wells Fargo
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September 17, 2014
10:00 EDTCPHDOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AB InBev (BUD) upgraded to Hold from Sell at Societe Generale... Baker Hughes (BHI) upgraded to Outperform from Sector Perform at Howard Weil... Bank of the Ozarks (OZRK) upgraded to Buy from Hold at BB&T... Bill Barrett (BBG) upgraded to Buy from Neutral at Mizuho... Cepheid (CPHD) upgraded to Buy from Hold at Cantor... Cigna (CI) upgraded to Positive from Neutral at Susquehanna... Extra Space Storage (EXR) upgraded to Buy from Hold at Jefferies... GNC Holdings (GNC) upgraded to Outperform from Neutral at Wedbush... MB Financial (MBFI) upgraded at DA Davidson... Mondelez (MDLZ) upgraded to Buy from Hold at Societe Generale... Radian Group (RDN) upgraded to Buy from Neutral at Compass Point... Skullcandy (SKUL) assumed with a Overweight from Neutral at Piper Jaffray... Under Armour (UA) upgraded to Overweight from Neutral at Piper Jaffray.
09:23 EDTCPHDCepheid upgraded to Buy from Hold at Cantor
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