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Stock Market & Financial Investment News

News Breaks
November 13, 2012
14:41 EDTDLBDolby downgraded to Market Perform from Outperform at Barrington
Barrington downgraded Dolby citing reduced guidance.
News For DLB From The Last 14 Days
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October 23, 2014
16:32 EDTDLBDolby expects FY15 revenue $970M-$1B, consensus $963.75M
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16:30 EDTDLBDolby expects Q1 EPS 51c-55c, consensus 44c
The company expects Q1 revenue $235M-$245M, consensus $235.51M. Guidance for Q1 includes the financial impact of Dolby’s proposed acquisition of Doremi Labs, which is expected to close by early November.
16:29 EDTDLBDolby increases stock buyback program by additional $200M
The company announced that its board has approved increasing the size of its stock repurchase program by an additional $200M, bringing the amount available for future repurchases of the company’s Class A Common Stock to $260M.
16:23 EDTDLBDolby reports Q4 EPS 58c, consensus 31c
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October 13, 2014
06:50 EDTDLBDolby upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Dolby to Neutral citing valuation and lowered its price target for shares to $40 from $43.

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