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Stock Market & Financial Investment News

News Breaks
March 13, 2014
10:31 EDTED, HOS, NOV, NTAP, CZR, SCS, PVH, MPO, EXPR, EA, EPL, DRCOn The Fly: Analyst Downgrade Summary
Consolidated Edison (ED) downgraded to Equal Weight from Overweight at Barclays... EPL Oil & Gas (EPL) downgraded to Hold from Buy at Stifel... Electronic Arts (EA) downgraded to Neutral from Buy at BofA/Merrill... Express (EXPR) downgraded to Market Perform from Outperform at FBR Capital... Midstates Petroleum (MPO) downgraded to Sector Perform from Outperform at RBC Capital... PVH Corp. (PVH) downgraded to Equal Weight from Overweight at Morgan Stanley... Steelcase (SCS) downgraded to Neutral from Buy at Longbow... Caesar's (CZR) downgraded to Underperform from In-Line at Imperial Capital... NetApp (NTAP) downgraded to Hold from Buy at Lake Street... National Oilwell (NOV) downgraded to Neutral from Buy at ISI Group... Hornbeck Offshore (HOS) downgraded to Neutral from Buy at ISI Group... Dresser-Rand (DRC) downgraded to Accumulate from Buy at Tudor Pickering.
News For ED;EPL;EA;EXPR;MPO;PVH;SCS;CZR;NTAP;NOV;HOS;DRC From The Last 14 Days
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October 28, 2014
16:03 EDTEAElectronic Arts raises FY15 EPS view to $2.05 from $1.85, consensus $1.92
Raises FY14 revenue view to $4.175B from $4.1B, consensus $4.16B.
16:02 EDTEAElectronic Arts raises FY15 outlook
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16:01 EDTEAElectronic Arts reports Q2 adjusted EPS 73c, consensus 53c
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13:09 EDTCZROptions with increasing implied volatility
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09:34 EDTCZRNevada reports September statewide gaming win down 5.97% to $901.7M
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07:27 EDTNTAPWilliam Blair 'puzzled' over NetApp acquisition
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07:24 EDTNTAPNetApp holds a panel discussion at conference
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October 27, 2014
16:03 EDTNTAPNetApp buys Riverbed's SteelStore product line for $80M
NetApp (NTAP) announced the acquisition of Riverbed Technology's (RVBD) SteelStore product line in an all-cash transaction for approximately $80M. he SteelStore product supports leading backup applications and cloud providers so that customers have a choice in how they extend their existing data protection infrastructure into the cloud. NetApp will offer enterprises cloud-integrated storage to securely and efficiently back up their data to both private and public cloud environments. NetApp expects that the SteelStore product will be available during its fiscal third quarter of 2015.
October 24, 2014
10:15 EDTPVHHigh option volume stocks
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08:52 EDTEAElectronic Arts shares should be bought ahead of results, says Stifel
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October 23, 2014
14:29 EDTCZRCaesar's weekly volatility elevated into Q3 and outlook
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08:13 EDTDRCAllegheny names Elizabeth Powers as Chief Human Resources Officer
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October 22, 2014
11:25 EDTNTAPCisco sale of VCE stake to have limited impact, says Wells Fargo
Wells Fargo thinks Cisco's (CSCO) decision to sell a portion of its stake in VCE is unlikely to have a material near-to-intermediate-term impact on the company's top line since it will continue to sell its networking and compute solutions to the joint venture. Wells says Cisco's "budding" partnerships with NetApp (NTAP), Microsoft (MSFT) and Citrix (CTXS) should more than offset any potential impacts from lessening ties to EMC (EMC) and VMware (VMW).
07:16 EDTCZRCaesar's wants to build $1B casino-resort in Phillipines, Bloomberg reports
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October 21, 2014
11:30 EDTCZROptions with decreasing implied volatility
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10:00 EDTEDOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AbbVie (ABBV) downgraded to Neutral from Buy at Guggenheim... BHP Billiton (BHP) downgraded to Hold from Buy at Jefferies... Bank of Marin (BMRC) downgraded to Market Perform from Outperform at Keefe Bruyette... Cobalt (CIE) downgraded to Speculative Buy from Buy at Global Hunter... Consolidated Edison (ED) downgraded to Underweight at Morgan Stanley... Deutsche Post (DPSGY) downgraded to Hold from Buy at Deutsche Bank... HCP (HCP) downgraded to Hold from Buy at Jefferies... IBM (IBM) downgraded to Hold from Buy at Evercore... Inland Real Estate (IRC) downgraded to Underperform from Neutral at BofA/Merrill... PerkinElmer (PKI) downgraded to Neutral from Buy at Janney Capital... Philips (PHG) downgraded to Neutral at UBS... QEP Midstream Partners (QEPM) downgraded to Market Perform at Wells Fargo... Rent-A-Center (RCII) downgraded to Market Perform from Outperform at Raymond James... Rhino Resources (RNO) downgraded to Underperform from Market Perform at Raymond James... Universal Forest (UFPI) downgraded to Neutral from Buy at Sterne Agee.
06:14 EDTEDConsolidated Edison downgraded to Underweight at Morgan Stanley
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October 17, 2014
08:58 EDTEDConsolidated Edison management to meet with Jefferies
Meetings to be held in Los Angeles/San Francisco October 22-23 hosted by Jefferies.
08:00 EDTCZRCaesar's prepared to begin formal discussions with certain bank debt creditors
Caesars and its subsidiary Caesars Entertainment Operating Company announced that they have executed non-disclosure agreements with certain beneficial holders of debt issued by CEOC, including senior secured term loans, pursuant to the third amended and restated credit agreement, dated as of July 25, 2014, enabling the commencement of formal discussions with the Bank Lenders.
05:39 EDTEASeptember NPD video game software sales fell 36%, says Piper Jaffray
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