New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2014
10:00 EDTCDNS, SIRI, MET, FNSR, AWI, PEG, MXIM, FNF, WR, PPL, INFY, DTEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DTE Energy (DTE) upgraded to Buy from Neutral at Citigroup... Fidelity National (FNF) upgraded to Buy from Neutral at Janney Capital... Finisar (FNSR) upgraded to Strong Buy from Outperform at Raymond James... Infosys (INFY) upgraded to Overweight from Neutral at HSBC... Maxim Integrated (MXIM) upgraded to Outperform from Market Perform at BMO Capital... MetLife (MET) upgraded to Buy from Neutral at Janney Capital... PPL Corp. (PPL) upgraded to Buy from Neutral at Citigroup... PSEG (PEG) upgraded to Buy from Neutral at Citigroup... Sirius XM (SIRI) upgraded to Overweight from Equal Weight at Evercore... Westar Energy (WR) upgraded to Buy from Neutral at Citigroup... Armstrong World (AWI) upgraded to Buy from Neutral at BofA/Merrill... Cadence Design (CDNS) upgraded to Buy from Hold at Needham.
News For DTE;FNF;FNSR;INFY;MXIM;MET;PPL;PEG;SIRI;WR;AWI;CDNS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 >>
February 3, 2016
19:35 EDTMET, CDNSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Glu Mobile (GLUU), up 27.9%... Capstone Turbine (CPST), up 17.2%... Solaredge (SEDG), 12.6%... Take-Two (TTWO), up 8.3%... PennantPark (PNNT), up 5%... Cadence Design (CDNS), up 4.5%... Buffalo Wild Wings (BWLD), up 1%. ALSO HIGHER: VirnetX Holding (VHC), up 90.6% after the company won a $625.6M verdict in favor of in a patent infringement lawsuit against Apple (AAPL)... Viacom (VIAB, VIA), up 9.5% and 7%, respectively, after Viacom issued a brief statement which reads, "The Viacom board of directors is scheduled to meet tomorrow."... CBS (CBS), up 4.7% after Sumner Redstone has resigned as executive chairman of CBS to be replaced by CEO Leslie Moonves. DOWN AFTER EARNINGS: DHT Holdings (DHT), down 5.3%... GoPro (GPRO), down 9.9%... Imperva (IMPV), down 11.7%... Shutterfly (SFLY), down 3.8%... MetLife (MET), down 2.3%. ALSO LOWER: Ambarella (AMBA), down 2.2% after GoPro reported Q4 results.
16:19 EDTMETMetLife reports Q4 book value per share excluding AOCI other than FCTA $51.15
Subscribe for More Information
16:18 EDTMETMetLife reports Q4 operating EPS $1.23, consensus $1.36
Subscribe for More Information
16:18 EDTCDNSCadence Design sees FY16 EPS $1.15-$1.25, consensus $1.18
Sees FY16 revenue $1.79B-$1.84B, consensus $1.81B.
16:17 EDTCDNSCadence Design sees Q1 EPS 26c-28c, consensus 26c
Subscribe for More Information
16:16 EDTCDNSCadence Design reports Q4 EPS 31c, consensus 29c
Subscribe for More Information
14:48 EDTMETNotable companies reporting after market close
Subscribe for More Information
12:35 EDTMETMetLife technical notes before earnings news
Ahead of earnings the downtrend that began in July 2015 has decelerated. The $40 level is a key support, below which a major topping pattern on a long-term chart would be confirmed. This would be bearish for longer-term future price. If the news is negative and the $40 area is taken out on the downside, next support would be at $39.02, $37.80, and $36.64. If the news is a positive surprise, first notable resistance would be at $45.08. Additional resistance levels would be at $46.45 and $48.21.
12:12 EDTFNSROclaro spikes after quarterly results, optical peers follow
Shares of optical networking firm Oclaro (OCLR) are advancing, along with its peers, after Oclaro reported better than expected quarterly results. WHAT'S NEW: After the close on Tuesday, Oclaro reported second quarter adjusted earnings per share of 3c on revenue of $94.1M. Both EPS and revenue were better than consensus estimates of (1c) and $91.5M, respectively. The company's adjusted gross margin rate for the quarter was 28.8%, much better than the 16.5% in the year ago quarter. Oclaro CEO Greg Dougherty pointed out the continuing growth in the company's 100G portfolio and said he expects revenue growth to continue in 2016. According to the CEO, revenue growth in the quarter "drove higher gross margin and net income." The company sees continued "robust" demand for its 100G product portfolio as it expands capacity in Asia. WHAT'S NOTABLE: Along with its Q2 results, Oclaro said it sees Q3 revenue of $97M-$103M, ahead of analyst expectations of $90.7M. On its Q2 earnings call, the company said it sees strong demand from China, with contract awards form China Telecom (CHA) and China Unicom (CHU ), which have deliveries slated for later in calendar year 2016. PRICE ACTION: Shares of Oclaro are up 10% in early afternoon trading. OPTICAL PEERS: Shares of other companies in the optical networking space are also out performing the market, including Finisar (FNSR), Infinera (INFN), Lumentum Holdings (LITE), NeoPhotonics (NPTN), and Ciena (CIEN).
11:37 EDTCDNSOptions with increasing put volume; PSX CDNS DF WDR MELI MAS NOV WSM DB
Subscribe for More Information
07:35 EDTAWIArmstrong World announced proposed refinancing
Subscribe for More Information
February 2, 2016
10:01 EDTPEGPSEG Solar Source acquires 25.9 MW solar project from Ecoplexus
Subscribe for More Information
07:06 EDTSIRISirius XM sees FY16 revenue $4.9B, consensus $4.93B
Subscribe for More Information
07:05 EDTSIRISirius XM expects net subscriber additions of approximately 1.4M
Subscribe for More Information
07:05 EDTSIRISirius XM reports Q4-end subscriber base 29.6M
Subscribe for More Information
07:04 EDTSIRISirius XM reports Q4 EPS 3c, consensus 3c
Subscribe for More Information
February 1, 2016
14:32 EDTSIRINotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Exxon Mobil (XOM), consensus 64c... Pfizer (PFE), consensus 52c... United Parcel Service (UPS), consensus $1.42... Dow Chemical (DOW), consensus 70c... Emerson Electric (EMR), consensus 51c... Archer-Daniels-Midland (ADM), consensus 66c... Baxter (BAX), consensus 32c... Sirius XM (SIRI), consensus 3c... Royal Caribbean Cruises (RCL), consensus 92c... Ally Financial (ALLY), consensus 51c... Michael Kors (KORS), consensus $1.46... ADT Corp. (ADT), consensus 46c.
09:04 EDTMETMetLife originated $3.2B in agricultural loans in 2015
Subscribe for More Information
07:06 EDTSIRISirius XM's intention to implement NCIB accepted by Toronto Stock Exchange
Subscribe for More Information
January 28, 2016
10:13 EDTMXIMOptions with decreasing implied volatility
Subscribe for More Information
1 | 2 | 3 >>

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