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Stock Market & Financial Investment News

News Breaks
May 13, 2014
05:57 EDTCXOConcho Resources downgraded to Hold from Buy at Wunderlich
Wunderlich downgraded Concho Resources to Hold citing valuation following the company's Q1 results. The firm lowered its price target for shares to $137 from $147.
News For CXO From The Last 14 Days
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March 2, 2015
07:29 EDTCXOConcho Resources price target raised to $160 from $105 at Stephens
Stephens raised its price target on Concho Resources to $160 from $105, citing the company's production beat to exit 2014, its well outperformance and its clean balance sheet. The firm maintains its Overweight rating on Concho shares.
February 27, 2015
09:00 EDTCXOConcho Resources 6M share Spot Secondary priced at $108.50
The deal size was increased to 6M shares from 5.6M shares. BofA/Merrill acted as sole book running manager for the offering.
February 26, 2015
18:43 EDTCXOOn The Fly: After Hours Movers
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16:13 EDTCXOConcho Resources files to sell 5.6M shares of common stock
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February 25, 2015
16:47 EDTCXOConcho Resources announces proved reserves 637 mln Boe
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16:45 EDTCXOConcho Resources sees Q1 production 127 MBoepd-131 MBoepd
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16:45 EDTCXOConcho Resources reports Q4 adjusted EPS 88c, consensus 84c
Reports Q4 revenue $594.2M, consensus $667.68M. Concho delivered record quarterly production of 11.5M Boe, or 124.8 MBoepd, and achieved 31% crude oil production growth over the same quarter a year ago.
15:05 EDTCXONotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include salesforce.com (CRM), consensus 14c... Avago Technologies (AVGO), consensus $1.94... L Brands (LB), consensus $1.80... Workday (WDAY), consensus (6c)... BioMarin (BMRN), consensus (59c)... Concho Resources (CXO), consensus 84c... Antero Resources (AR), consensus 28c... Medivation (MDVN), consensus $1.34... Transocean (RIG), consensus 77c... Sprouts Farmers Market (SFM), consensus 9c... SINA Corporation (SINA), consensus 18c.

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