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Stock Market & Financial Investment News

News Breaks
December 4, 2012
09:12 EDTDTEGY, S, PCS, MTN, PBY, ESIO, TEVA, GALE, TOL, BIG, DRIOn The Fly: Pre-market Movers
HIGHER AFTER EARNINGS: Big Lots (BIG), up 7.3%... Toll Brothers (TOL), up 4.6%... ALSO HIGHER: Galena Biopharma (GALE), up 15% after signing NeuVax commercialization partnership with Teva (TEVA)... Electro Scientific (ESIO), up 12% after declaring $2/share special dividend... LOWER AFTER EARNINGS: Pep Boys (PBY), down 8.7%... Vail Resorts (MTN), down 7.3%... ALSO LOWER: Darden (DRI), down 8.9% after warning on Q2, FY13 EPS... MetroPCS (PCS), down 6.6% after Reuters says Sprint (S) unlikely to counter T-Mobile's (DTEGY) bid.
News For DRI;BIG;TOL;GALE;TEVA;ESIO;PBY;MTN;PCS;S;DTEGY From The Last 14 Days
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September 24, 2014
08:07 EDTMTNVail Resorts sees FY15 net income $75.5M-$100.5M
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08:06 EDTMTNVail Resorts reports season pass sales for 2014-2015 season up 14% in units
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08:04 EDTMTNVail Resorts reports Q4 EPS ($2.08), consensus ($1.95)
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September 23, 2014
15:27 EDTMTNNotable companies reporting before tomorrow's open
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08:05 EDTDRIDarden highlights Starboard's 'misleading' statements in letter to shareholders
Darden Restaurants issued an open letter to shareholders in connection with the company's 2014 Annual Meeting of Shareholders. The company says "All eight of Darden's independent director nominees, including our four new independent nominees and our four continuing independent directors, are indeed committed to serving the best interests of all Darden shareholders. We share the common goal of enhancing shareholder value, and we are prepared to work collaboratively with the four Starboard nominees that our slate contemplates to achieve this objective. We are deeply concerned, however, about the future of Darden if Starboard's slate is elected and believe it is important to correct the record with regard to a number of inconsistent, contradictory and misleading statements made by Starboard as part of its efforts to take control of your company...We do not believe it is in shareholders' interests to elect an entirely new Board, which could impede operating initiatives that are largely already underway and delivering results."
September 22, 2014
06:58 EDTDTEGYIliad enacts mid-October cut-off date for T-Mobile offer, Reuters says
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September 20, 2014
21:29 EDTDTEGYIliad faces obstacles in T-Mobile bid, Bloomberg says
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September 19, 2014
18:40 EDTDTEGYIliad sets mid-October deadline for T-Mobile bid, Reuters reports
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12:20 EDTDTEGYIliad financing talks yet to yield higher T-Mobile bid, Bloomberg reports
Iliad talks with potential partners for additional financing have not yet resulted in a higher bid for T-Mobile (TMUS), Bloomberg reports, citing people familiar with the matter. Iliad is facing hurdles while Deutsche Telekom (DTEGY) reconsiders plans for its U.S. unit, Bloomberg adds. Reference Link
10:06 EDTDTEGYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Eagle (AEO) upgraded to Buy from Neutral at Goldman... Concur (CNQR) upgraded to Neutral from Sell at Goldman... Continental Resources (CLR) upgraded to Buy from Neutral at Global Hunter... Deutsche Telekom (DTEGY) upgraded to Buy from Neutral at Citigroup... DuPont (DD) upgraded to Buy from Hold at BGC Financial... First Horizon (FHN) upgraded to Outperform from Market Perform at Raymond James... Francesca's (FRAN) upgraded to Buy from Neutral at Buckingham... Guess (GES) upgraded to Neutral from Underperform at Buckingham... National CineMedia (NCMI) upgraded to Outperform from Market Perform at FBR Capital... Patterson-UTI Energy (PTEN) upgraded to Overweight from Equalweight at Capital One... SABMiller (SBMRY) upgraded to Neutral from Reduce at Nomura... Synovus (SNV) upgraded to Strong Buy from Outperform at Raymond James... Texas Capital (TCBI) upgraded to Buy from Hold at Wunderlich... VF Corp. (VFC) upgraded to Buy from Hold at KeyBanc... Zions Bancorp (ZION) upgraded to Strong Buy from Outperform at Raymond James.
09:17 EDTDRIStarboard's director nominees sends letter to Darden shareholders
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08:13 EDTDRIDarden issues statement to thank, urge customer support for Olive Garden
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07:36 EDTSSprint price target cut to $8-$10 from $11-$11.75 at Wells Fargo
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05:31 EDTDTEGYDeutsche Telekom upgraded to Buy from Neutral at Citigroup
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September 18, 2014
10:27 EDTDRIOptions with decreasing implied volatility
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08:12 EDTDRIDarden board says shareholders' choice could impact progress, including dividend
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September 17, 2014
12:53 EDTSSprint management to meet with Jefferies
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11:01 EDTTEVAActavis drops after NY AG seeks to block Alzheimer drug switch
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09:58 EDTDRIDarden urges shareholders to support independent director nominees
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08:05 EDTTEVAEagle Pharm says Teva requests motion to dismiss Bendamustine lawsuit
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