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Stock Market & Financial Investment News

News Breaks
April 13, 2012
10:24 EDTDSCI, VMW, UA, SNSS, NKE, MAKO, HLSS, HBI, FL, FINL, DOV, NTRIOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Derma Sciences (DSCI) initiated with an Overweight at Piper Jaffray... Dover (DOV) initiated with an Outperform at BMO Capital... Finish Line (FINL) initiated with a Buy at Janney Capital... Foot Locker (FL) initiated with a Buy at Janney Capital... Hanesbrands (HBI) initiated with a Buy at Janney Capital... Home Loan Servicing (HLSS) initiated with a Neutral at Sterne Agee... Mako Surgical (MAKO) initiated with a Perform at Oppenheimer... Nike (NKE) initiated with a Buy at Janney Capital... Sunesis Pharmaceuticals (SNSS) initiated with a Buy at Cantor... Under Armour (UA) initiated with a Neutral at Janney Capital... VMware (VMW) initiated with an Overweight at Piper Jaffray... NutriSystem (NTRI) initiated with a Buy at Sidoti.
News For DSCI;DOV;FINL;FL;HBI;HLSS;MAKO;NKE;SNSS;UA;VMW;NTRI From The Last 14 Days
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July 16, 2014
07:19 EDTHLSSNationstar, Walter Investment downgraded to Underperform at Wells Fargo
Wells Fargo downgraded both Nationstar (NSM) and Walter Investment (WAC) to Underperform from Market Perform and reduced its sector weighting for Mortgage Servicers to Underweight from Market Weight after its cash flow analysis pointed to share downside. Wells also highlights the continued regulatory issues for the space. The firm lowered its price target range for Nationstar shares to $25-$27 from $29-$32 and for Walter to $22-$24 from $27-$32. Wells keeps Buy ratings on Home Loan Servicing (HLSS) and PennyMac (PFSI).
06:52 EDTUASamsung may be in partnership talks with Under Armour, Yonhap says
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July 15, 2014
09:29 EDTNKECorning names Nike CFO Donald Blair to board
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08:53 EDTVMWVMware announces partnerships with China Telecom, Softbank
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July 14, 2014
08:01 EDTNKEManchester United reaches agreement with Adidas
Manchester United (MANU) has reached a ten year agreement with Adidas (ADDYY) for a global technical sponsorship and dual branded licensing deal for a minimum guarantee of GBP750M, subject to certain adjustments, beginning with the 2015-2016 campaign. For the 2014-2015 season, Nike (NKE) will continue in its role of technical sponsor and trademark licensee.
July 13, 2014
17:57 EDTDOVDover shares could rise another 10%-15%, Barron's says
Dover shares don't look inexpensive; however, shares could continue higher if the company beats its FY14 revenue growth target of 6%-7%, Barron's contends in a follow up article. Shares could continue 10%-15% higher over the next 12-18 months, the paper adds citing Nicholas Heymann, an analyst at William Blair & Co. Reference Link
July 11, 2014
10:00 EDTFINLOn The Fly: Analyst Downgrade Summary
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09:11 EDTFLFoot Locker to benefit from current trends, says Sterne Agee
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09:07 EDTFINLFinish Line downgraded at Sterne Agee
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08:12 EDTVMWVMware shares should be bought ahead of results, says Pacific Crest
After conducting checks, Pacific Crest believes that the performance of the company's stand-alone vSphere seems solid, while it is gaining traction in suites and end-user computing. The firm identifies VMware as its top pick heading into Q2 results.
06:08 EDTFINLFinish Line downgraded to Neutral from Buy at Sterne Agee
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July 10, 2014
09:01 EDTUAUnder Armour volatility elevated into Q2 and revenue outlook
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08:10 EDTNKEMorgan Stanley's Vintage Values 2015 list selected
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06:42 EDTNKENike ends deal with Manchester United, NY Times reports
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July 9, 2014
11:00 EDTVMWWells says VMware growth could slow, downgrades shares
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10:02 EDTVMWOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Advanced Energy (AEIS) downgraded to Neutral from Buy at Dougherty... Apollo Global (APO) downgraded to Neutral from Buy at Citigroup... Artisan Partners (APAM) downgraded to Neutral from Buy at Citigroup... Autoliv (ALV) downgraded to Hold from Buy at Nordea... BNP Paribas (BNPQY) downgraded to Neutral from Overweight at JPMorgan... BP (BP) downgraded to Hold from Buy at Deutsche Bank... Carlyle Group (CG) downgraded to Neutral from Buy at Citigroup... Coach (COH) downgraded at Buckingham... Cummins (CMI) downgraded to Buy from Conviction Buy at Goldman... Garmin (GRMN) downgraded to Underperform from Sector Perform at Pacific Crest... Gigamon (GIMO) downgraded to Buy from Strong Buy at Needham... International Paper (IP) downgraded at RBC Capital... Louisiana-Pacific (LPX) downgraded at RBC Capital... Marvell (MRVL) downgraded to Underperform from Perform at Oppenheimer... McGraw Hill Financial (MHFI) downgraded to Market Perform at Raymond James... Moody's (MCO) downgraded to Market Perform from Outperform at Raymond James... Plum Creek Timber (PCL) downgraded at RBC Capital... Potash (POT) downgraded to Neutral from Overweight at JPMorgan... RGS Energy (RGSE) downgraded at Cowen... Taminco (TAM) downgraded to Neutral from Buy at Citigroup... Total (TOT) downgraded to Hold from Buy at Societe Generale... Unilever (UN) downgraded to Reduce from Neutral at Nomura... VMware (VMW) downgraded to Market Perform from Outperform at Wells Fargo... Vectren (VVC) downgraded to Hold from Buy at KeyBanc.
08:31 EDTVMWVMware CEO sees EMC helping it remain independent, WSJ reports
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07:25 EDTVMWVMware downgraded to Market Perform from Outperform at Wells Fargo
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07:07 EDTSNSSSunesis announces EMA acceptance of PIP for Qinprezo
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06:58 EDTNKEApple hires two Nike FuelBand engineers, Apple Insider erports
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