New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 14, 2014
17:00 EDTPENN, CSC, BWC, CONN, SUNE, TIME, HTS, NOK, APC, AAPL, NOV, NRF, AER, AHL, RAD, CI, IACI, LRCX, CHMT, CVEOGreenlight Capital gives quarterly update on stakes
NEW STAKES: Civeo (CVEO), AerCap (AER), Time Inc (TIME), Chemtura (CHMT), and Northstar Realty (NRF). INCREASED STAKES: Sunedison (SUNE), Lam Research (LRCX), National Oilwell Varco (NOV), Conn's (CONN), and IAC/InterActiveCorp (IACI). DECREASED STAKES: Apple (AAPL), Babcock & Wilcox (BWC), Cigna (CI), Anadarko (APC), and Computer Sciences Corp (CSC). LIQUIDATED STAKES: Rite Aid (RAD), Nokia (NOK), Penn National (PENN), Aspen Insurance (AHL), and Hatteras (HTS).
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 >>
September 21, 2015
13:47 EDTAAPLApple accelerates electric car plan, WSJ reports
Subscribe for More Information
13:43 EDTAAPLApple accelerates electric-car plan, targets shipment in 2019, WSJ reports
Shares of electric car maker Tesla (TSLA) have moved into negative ground following the Journal's report. Reference Link
11:48 EDTAHLAspen Insurance participates in a luncheon meeting with UBS
Subscribe for More Information
10:49 EDTAAPLGoPro falls after Barron's predicts 'dramatic' drop in share price
GoPro (GPRO) shares fell in morning trading after an article from Barron's argued that the company's share price may drop to as low as $25. WHAT'S NEW: Alexander Eule argued in a Barron's article that GoPro's stock price may see a "dramatic" slip of as much as 30% to $25 due to significant competitive pressure from Apple (AAPL), Sony (SNE) and others. Eule noted that the company's shares have crashed to a recent $35 after peaking at $98 in October 2014 and even called the mostly bullish analyst views on the camera maker's stock "wishful thinking." Additionally, Eule called the company's cameras a "one-product wonder" and compares them to BlackBerry (BBRY) smartphones and Palm digital organizers, which previously dominated their respective markets. The article adds that there is risk in being overly bearish on the company, since the "impressive" brand might become an acquisition target. WHAT'S NOTABLE: Last Wednesday, Citi analyst Jeremy David said that GoPro chief financial officer Jack Lazar confirmed at the bank's Global Tech Conference the week before that the Hero4 Session camera has been off to a slow start since its launch on July 12. David said that the recent selloff in the company's shares has been motivated by investor concerns about the Session. At the time, Citi cut its third quarter fiscal 2015 estimate for the company to $425M from $438M and fourth quarter estimate to $560M from $737M, $148M below consensus estimate at the time of $708M. David also said he was reducing estimates for the second half of fiscal 2015 and first quarter of fiscal 2016 as a result of downside from the Hero4 Session, but left estimates after 1Q16 unchanged, saying the long-term fundamentals of the company are "intact." The analyst added that his firm was "humbled" by the recent move in share price and acknowledged that GoPro is the "quintessential product cycle stock," though he said he remains bullish on the long-term prospects of the camera maker and reiterated a $90 price target. David argued that GoPro missing Q3 estimates and guiding below the consensus for Q4 is largely priced in. Separately, The Wall Street Journal said on September 13 that shares of GoPro were starting to look like a bargain after dropping 50% in a month. The company had a difficult time selling its Hero4 Session camera in July in the face of competition from older GoPro models, the publication added. PRICE ACTION: In morning trading, GoPro shares are down 5.15% to $33.34. OTHERS TO WATCH: Ambarella (AMBA), which supplies chips to GoPro, is down 3.7% to $68.81.
10:00 EDTNOK, AEROn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AerCap (AER) upgraded to Buy from Neutral at BofA/Merrill... Allstate (ALL) upgraded to Buy from Hold at Sandler O'Neill... Central Pacific (CPF) upgraded to Buy from Hold at Sandler ONeill... Cesca Therapeutics (KOOL) upgraded to Buy from Neutral at H.C. Wainwright... CyberArk (CYBR) upgraded to Buy from Hold at Deutsche Bank... DENTSPLY (XRAY) upgraded to Outperform from Market Perform at William Blair... DeVry (DV) upgraded to Outperform from Market Perform at Barrington... Douglas Emmett (DEI) upgraded to Buy from Neutral at Mizuho... Fly Leasing (FLY) upgraded to Neutral from Underperform at BofA/Merrill... Goldman Sachs (GS) upgraded to Outperform from Perform at Oppenheimer... Integra LifeSciences (IART) upgraded to Buy from Neutral at BofA/Merrill... Invesco (IVZ) upgraded to Overweight from Equal Weight at Morgan Stanley... LTC Properties (LTC) upgraded to Buy from Neutral at Mizuho... Molson Coors (TAP) upgraded to Buy from Hold at Societe Generale... Nokia (NOK) upgraded to Buy ahead of Samsung arbitration at Deutsche Bank... PayPal (PYPL) upgraded to Buy from Hold at Stifel... Shire (SHPG) upgraded to Overweight from Equal Weight at Barclays... Sirona Dental (SIRO) upgraded to Outperform from Market Perform at William Blair... Sonic (SONC) upgraded to Buy from Neutral at Longbow... Sun Life Financial (SLF) upgraded to Buy from Neutral at BofA/Merrill... Taylor Morrison (TMHC) upgraded to Buy from Hold at Deutsche Bank... Telecom Argentina (TEO) upgraded to Neutral from Underperform at BofA/Merrill... Vascular Biogenics (VBLT) upgraded to Outperform from Market Perform at JMP Securities... Yamana Gold (AUY) upgraded to Outperform from Neutral at Credit Suisse... lululemon (LULU) upgraded to Overweight from Equal Weight at Morgan Stanley.
09:58 EDTIACIIAC has multiple catalysts ahead, says Axiom
Subscribe for More Information
09:40 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL BAC ESV BABA FB NFLX TSLA TWTR GE GPRO JPM ONVO MU
08:37 EDTBWCBabcock & Wilcox awarded contracts totaling over $190M for U.K. biomass plant
Babcock & Wilcox Enterprises announced that a joint venture including its Denmark-based subsidiary, Babcock & Wilcox Volund A/S, has been awarded a contract to design and build the Teesside Renewable Energy Plant near Middlesbrough, England. B&W Volund also was awarded a separate contract to provide operations and maintenance services for the plant. B&W's portions of the two contracts total more than $190M. B&W Volund, through its U.K. subsidiary and a joint venture with Lagan Construction Group Limited, has contracted with developers Eco2 Ltd. and Temporis Capital to build the 40 megawatt waste wood fired biomass power plant for Port Clarence Energy Ltd. The project scope includes a boiler and environmental controls designed by B&W Volund and its Gotaverken Miljo AB subsidiary, including a dry flue gas desulfurization system, fabric filter baghouse, continuous emissions monitoring equipment and a DynaGrate fuel combustion system. The plant is designed to burn 34 tons of waste wood per hour.
08:31 EDTAAPLApple says iPhone 6s, iPhone 6s Plus to arrive on Friday, September 25
Apple announced iPhone 6s and iPhone 6s Plus will be available at 8:00 a.m. local time on Friday, September 25 at Apple's retail stores. Stores will have the new iPhones available for walk-in customers who are encouraged to arrive early. Both models will also be available on Friday from AT&T, Sprint, T-Mobile, Verizon Wireless, additional carriers and select Apple Authorized Resellers. Apple also announced the fastest iOS adoption ever, with more than 50 percent of devices already using iOS 9. Apple says "iPhone 6s and iPhone 6s Plus bring a powerful new dimension to iPhone's revolutionary Multi-Touch(TM) interface with 3D Touch, which senses how deeply you press the display, letting you do essential things more quickly and simply. The new iPhones introduce Live Photos, which bring still images to life, transforming instants frozen in time into unforgettable living memories. Live Photos, 3D Touch, 12-megapixel iSight camera, 5-megapixel FaceTime HD camera with Retina Flash and more are powered by the Apple-designed A9 chip, the most advanced chip ever in a smartphone, delivering faster performance and great battery life. iPhone 6s and iPhone 6s Plus are designed with the strongest glass on any smartphone and 7000 series aluminum, the same alloy used in the aerospace industry, in gorgeous metallic finishes that now include rose gold."
08:22 EDTAAPLApple survey suggests strong iPhone demand, says Baird
Subscribe for More Information
08:20 EDTAERAerCap upgraded to Buy from Neutral at BofA/Merrill
As previously reported, BofA/Merrill upgraded AerCap to Buy from Neutral and lowered its price target to $55 from $56. Analyst Kristine Liwag expects the company will benefit from lower fuel prices as airlines extend leases on older, less fuel efficient aircraft at market rates. Liwag lowered her price target on AerCap shares to $55 from $56.
08:01 EDTCSCCSC finalizes Fruition Partners acquisition
Subscribe for More Information
07:43 EDTAAPLApple surveys indicate iPhone increasing high-end share, says Canaccord
Subscribe for More Information
07:10 EDTNOKNokia upgraded to Buy ahead of Samsung arbitration at Deutsche Bank
Deutsche Bank analyst Johannes Schaller upgraded Nokia (NOK) to Buy saying shares are positioned for outperformance following the likely positive outcome from the Samsung arbitration. The targeted synergies from the planned merger with Alcatel-Lucent (ALU) look "very achievable," the analyst adds. Schaller has a price target of EUR 7.50 for shares of Nokia.
07:01 EDTAERAerCap upgraded to Buy from Neutral at BofA/Merrill
Subscribe for More Information
06:34 EDTAAPLSamsung may be planning leasing program for Galaxy phones, Forbes reports
Samsung (SSNLF) is rumored to be planning to launch a leasing program for its Galaxy phones in the U.S., similar to the program Apple (AAPL) recently announced, Forbes reports, citing an industry executive with knowledge of Samsung's plans. According to the source, Samsung could launch the leasing program in the next few months. Apple's iPhone Upgrade Program encourages consumers to buy iPhones directly from the Apple Store instead of going through carriers, the publication notes. Publicly traded wireless carriers include AT&T (T), Verizon (VZ), Sprint (S) and T-Mobile US (TMUS). Reference Link
06:24 EDTAAPLFoxconn seeks to acquire Sharp's LCD business, Nikkei reports
Taiwan's Hon Hai Precision Industry, better known as Foxconn (HNHPF) has offered to buy Sharp's (SHCAY) struggling LCD business and plans to seek funding from Apple (AAPL), a key Sharp customer, The Nikkei reports. According to the report, Foxconn would take a majority stake in a LCD company spun off by Sharp, with Apple also making an investment. Reference Link
06:07 EDTAAPLApple hit by rare malware in China, Financial Times reports
Subscribe for More Information
06:07 EDTAAPLApple meets with regulators to discuss self-driving cars, Financial Times says
Subscribe for More Information
05:34 EDTNOKNokia upgraded to Buy from Hold at Deutsche Bank
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use