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Stock Market & Financial Investment News

News Breaks
April 8, 2014
08:18 EDTPANW, CRM, NOW, WDAY, CSODDeclines in high growth IT stocks create opportunities, says Pacific Crest
Pacific Crest's survey of resellers indicates that demand for IT among enterprises exceeded expectations in Q1, while resellers' feedback on the Q2 pipeline was "very positive," according to the firm. The strongest demand was in the applications, security, and storage markets, according to the firm. Pacific Crest recommends that investors buy its top picks: Salesforce.com, Cornerstone OnDemand (CSOD), ServiceNow (NOW), Palo Alto (PANW), and Workday (WDAY).
News For CRM;CSOD;NOW;PANW;WDAY From The Last 14 Days
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January 27, 2015
09:35 EDTPANWPalo Alto poised to beat consensus estimates, says Wells Fargo
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January 26, 2015
07:32 EDTNOWServiceNow poised to deliver beat and raise results, says RBC Capital
RBC Capital expects ServiceNow to continue to have success both within and outside of its traditional IT base. The firm keeps an $80 price target and Top Pick rating on the shares.
January 23, 2015
10:02 EDTWDAY, CRM, NOWOn the Fly: Analyst Initiation Summary
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10:02 EDTPANWOn the Fly: Analyst Downgrade Summary
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08:23 EDTPANWPalo Alto downgraded to Neutral from Outperform at Macquarie
06:30 EDTNOWServiceNow initiated with an Outperform at BMO Capital
Target $77.
January 22, 2015
16:28 EDTWDAYWorkday initiated with an Outperform at Cowen
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16:27 EDTCRMSalesforce.com initiated with an Outperform at Cowen
Target $73.
07:42 EDTPANWIT security demand very strong, says Wells Fargo
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January 21, 2015
10:01 EDTCSODOn the Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ashford Hospitality (AHT) upgraded to Outperform from Neutral at Credit Suisse... BAE Systems (BAESY) upgraded to Buy from Neutral at Goldman... Bazaarvoice (BV) upgraded to Outperform from Market Perform at Cowen... Becton Dickinson (BDX) upgraded to Outperform at Cowen... CVS Health (CVS) upgraded to Buy from Neutral at Goldman... Camden Property (CPT) upgraded to Outperform from Neutral at Credit Suisse... ConocoPhillips (COP) upgraded to Buy from Neutral at BofA/Merrill... Cornerstone OnDemand (CSOD) upgraded to Buy from Neutral at DA Davidson... Cree (CREE) upgraded to Overweight at Stephens... DDR Corp. (DDR) upgraded to Outperform from Neutral at Credit Suisse... EastGroup Properties (EGP) upgraded to Outperform from Neutral at Credit Suisse... Energy Transfer Partners (ETP) upgraded to Outperform from Neutral at Credit Suisse... Esperion (ESPR) upgraded at BofA/Merrill... Exxon Mobil (XOM) upgraded to Outperform from Market Perform at Wells Fargo... FXCM (FXCM) upgraded to Market Perform from Underperform at Keefe Bruyette... Fair Isaac (FICO) upgraded to Overweight from Equal Weight at Barclays... Golar LNG (GLNG) upgraded to Buy from Hold at Nordea... Gran Tierra (GTE) upgraded to Buy at Canaccord... Host Hotels (HST) upgraded to Outperform from Neutral at Credit Suisse... J.M. Smucker (SJM) upgraded to Overweight from Neutral at JPMorgan... Kilroy Realty (KRC) upgraded to Neutral from Underperform at Credit Suisse... Level 3 (LVLT) upgraded to Outperform from Market Perform at Wells Fargo... Lowe's (LOW) upgraded to Overweight from Equal Weight at Morgan Stanley... Michael Kors (KORS) upgraded to Outperform at Cowen... Netflix (NFLX) upgraded at Nomura... Regions Financial (RF) upgraded to Buy from Neutral at Guggenheim... Ruckus Wireless (RKUS) upgraded to Outperform from Market Perform at Northland... Santander Mexico (BSMX) upgraded to Neutral from Underperform at Credit Suisse... Scorpio Tankers (STNG) upgraded to Buy at Canaccord... Sprouts Farmers Markets (SFM) upgraded to Buy from Neutral at BofA/Merrill... Strategic Hotels (BEE) upgraded to Outperform from Neutral at Credit Suisse... The Medicines Co. (MDCO) upgraded to Outperform from Market Perform at Leerink... Whole Foods (WFM) upgraded at Sterne Agee... Wolseley (WOSYY) upgraded to Neutral from Underperform at Exane BNP Paribas.
08:06 EDTWDAYWorkday continues European expansion with plans for Germany
Workday unveiled its plans to provide products for German customers as it continues its European expansion. Workday invested significant resources to engineer its suite of applications to meet the needs of the German business market, including the various aspects of collaborating with the German works councils and local data protection and privacy directives, as well as the important functional aspects of dealing with German vacation plans, overtime regulations, tariffs, and collective bargaining agreements. Workday also announced today that services partners including Accenture, DayNine Consulting, Deloitte, HP, IBM, Promerit/ realright and PwC have established Workday deployment practices in Germany. Workday now has a total of seven offices across Europe including Amsterdam, The Netherlands; Belfast, UK; Munich, Germany; Dublin, Ireland; London, UK; Paris, France; and Stockholm, Sweden as well as regional data centers in Dublin and Amsterdam.
08:03 EDTCSODCornerstone OnDemand upgraded to Buy from Neutral at DA Davidson
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January 20, 2015
09:17 EDTNOWFruition Partners and ServiceNow Master Solutions Partner acquire Manta Group
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08:24 EDTPANWPalo Alto price target raised to $165 from $130 at Stephens
Stephens said it came away from a call with the CMO of Palo Alto Networks believing that the company's newly released "Traps" endpoint product has the potential to provide the next leg of growth for the company. Citing expectations for Traps, the raised its price target on Palo Alto to $165 from $130 and reiterates its Overweight rating on the stock.
07:15 EDTCRM, WDAYSAP not interested in buying competitors Workday, Salesforce, Bloomberg reports
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January 16, 2015
09:06 EDTCSODCornerstone OnDemand to benefit from Saba troubles, says JMP Securities
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January 13, 2015
07:47 EDTPANW, CRMUBS to hold investor trip
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