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Stock Market & Financial Investment News

News Breaks
November 29, 2012
10:00 EDTCREE, GES, DVN, CLP, MAA, BRE, TKR, TASR, COL, AROOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Cree (CREE) downgraded to Hold from Buy at Deutsche Bank... Rockwell Collins (COL) downgraded to Perform from Outperform at Oppenheimer... TASER (TASR) downgraded to Neutral from Overweight at JPMorgan... Timken (TKR) downgraded to Hold from Buy at Jefferies... BRE Properties (BRE) downgraded to Underperform from Market Perform at BMO Capital... Mid-America Apartment (MAA) downgraded to Market Perform from Outperform at BMO... Colonial Properties (CLP) downgraded to Underperform from Market Perform at BMO... Devon Energy (DVN) downgraded to Neutral from Add at Capital One... Guess (GES) downgraded to Average from Above Average at Caris... Aeropostale (ARO) downgraded to Above Average from Buy at Caris.
News For CREE;COL;TASR;TKR;BRE;MAA;CLP;DVN;GES;ARO From The Last 14 Days
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October 21, 2014
10:00 EDTDVNOn The Fly: Analyst Upgrade Summary
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08:29 EDTDVNDevon Energy upgraded to Accumulate from Neutral at Global Hunter
Global Hunter upgraded Devon Energy to Accumulate based on Permian execution, favorable risk/reward, and the potential drop-down of its Canadian pipeline assets into its MLP. Price target lowered to $68 from $80 based on based on a lower commodity price outlook.
October 17, 2014
10:43 EDTAROUrban Outfitters slumps after warning on continued retail sales weakness
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06:28 EDTCREEIHS: LED smart bulb shipments to surpass 11M units in 2018, DigiTimes says
LED smart bulb shipments is expected to reach more than 11M units in 2018, reports DigiTimes, citing the IHS. Approximately 880,000 connected LED smart bulbs were shipped globally in 2013. Reference Link
October 16, 2014
15:07 EDTTKRTimken, others interested in Emerson power transmission unit, Reuters says
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13:39 EDTCREECree October weekly volatility elevated into Q1 and outlook
Cree October weekly call option implied volatility is at 77, November is at 56, December is at 45, January is at 47, March is at 45, compared to its 26-week average of 40 according to Track Data, suggesting larger movement into the expected release of Q1 results after the market close on October 21.
06:24 EDTCREELED lighting demand expected to be weak in Q4, DigiTimes reports
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October 15, 2014
06:26 EDTCREESeptember 7W LED bulb prices grow sequentially in China, DigiTimes reports
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October 14, 2014
07:34 EDTTASRTASER announces orders for EVIDENCE.com from Salt Lake City PD, Birmingham PD
TASER International announced that the Salt Lake City and Birmingham Police Departments have selected EVIDENCE.com to securely store and manage all of the digital evidence from their AXON body cameras and other digital devices. Both departments secured a five-year subscription with EVIDENCE.com in Q3.
06:25 EDTCREEReplacement of conventional lighting with LEDs picks up pace, DigiTimes says
The replacement of conventional lighting with LED has picked up pace in the United States and Europe as power utilities offer subsidies for LED lighting products and the EU lowers the RoHS Directive maximum mercury content, reports DigiTimes. According to industry sources in Taiwan, the average retail price for an Energy Star-certified LED light bulb in place of a 40W incandescent bulb in the US market is $3.99 and that for a 60W-equivalent LED light bulb stands at $5-$6. Reference Link
October 13, 2014
07:31 EDTTASRTASER announces four international orders
TASER announced four international orders for TASER brand next generation Smart Weapons and conducted electrical weapons. These international orders from four different countries were received and shipped in Q3.
October 9, 2014
10:06 EDTCREECree calls active on renewed takeover chatter
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09:42 EDTCREERumor: Cree moves up on renewed takeover chatter
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09:41 EDTAROBofA/Merrill retail analysts hold an analyst/industry conference call
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06:34 EDTCREEGlobal LED lighting demand to grow 180%-190% by 2018, DigiTimes Research says
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October 8, 2014
11:20 EDTCREELighting Science Grp names Nesbit COO
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09:20 EDTTASROn The Fly: Pre-market Movers
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07:40 EDTTASRTASER announces multiple orders of AXON cameras
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October 7, 2014
09:05 EDTCREECree achieves production milestone with U.S. DoD
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06:17 EDTCREENavigant: Market for LEDs in residential apps set to explode, DigiTimes says
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