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Stock Market & Financial Investment News

News Breaks
January 31, 2013
16:07 EDTCTCTConstant Contact trading halted, news pending
News For CTCT From The Last 14 Days
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August 4, 2015
07:22 EDTCTCTNeedham to hold a conference
Interconnect Conference is being held in New York on August 4-5.
July 31, 2015
12:14 EDTCTCTConstant Contact initiated with a Market Perform at Northland
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July 26, 2015
14:44 EDTCTCTAmazon cloud sales signal risk for traditional data storage, Barron's says
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July 24, 2015
10:00 EDTCTCTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Abaxis (ABAX) downgraded to Hold from Buy at Canaccord... Buffalo Wild Wings (BWLD) downgraded to Neutral from Buy at Dougherty... CF Industries (CF) downgraded on nitrogen outlook at RBC Capital... Capital One (COF) downgraded to Neutral from Overweight at JPMorgan... Cepheid (CPHD) downgraded to Sell from Hold at Evercore ISI... Constant Contact (CTCT) downgraded to Neutral from Outperform at Baird... Equifax (EFX) downgraded to Neutral from Outperform at Baird... Hannover Re (HVRRY) downgraded to Underweight from Neutral at JPMorgan... IAMGOLD (IAG) downgraded to Underperform from Market Perform at Raymond James... MSA Safety (MSA) downgraded to Neutral from Accumulate at Global Hunter... MTU Aero (MTUAY) downgraded to Underperform from Buy at BofA/Merrill... Macy's (M) downgraded to Underweight from Neutral at Atlantic Equities... Sunesis (SNSS) downgraded to Hold from Buy at Cantor... Superior Drilling (SDPI) downgraded to Hold from Buy at Wunderlich... TrueCar (TRUE) downgraded to Equal Weight from Overweight at Stephens... United Rentals (URI) downgraded to Outperform from Top Pick at RBC Capital... WESCO (WCC) downgraded to Equal Weight from Overweight at Stephens.
06:37 EDTCTCTConstant Contact downgraded to Neutral from Outperform at Baird
Baird downgraded Constant Contact to Neutral and lowered its price target to $35 from $40 following mixed Q2 results. The firm has concerns related to recent challenges selling the Constant Contact bundle as product mix swung negatively and trial-to-conversion rates remain depressed.
06:35 EDTCTCTConstant Contact downgraded to Perform from Outperform at Oppenheimer
Oppenheimer downgraded Constant Contact to Perform following the company's Q2 results. "Lingering issues" are clouding the story, the firm tells investors.
July 23, 2015
16:41 EDTCTCTConstant Contact narrows FY15 EPS view to $1.31$1.36 from $1.29-$1.38
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16:38 EDTCTCTConstant Contact sees Q3 non-GAAP EPS 37c-39c, consensus 40c
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16:37 EDTCTCTConstant Contact reports Q2 non-GAAP EPS 29c, consensus 22c
Reports Q2 revenue $91.5M, consensus $91.79M. Reports Q2 CapEx $10.5M vs. $8.1M a year ago. Q2 average monthly revenue per unique customer was $47.12, up from $47.09 in Q1 and up from $44.40 in 2Q14.

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