New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 22, 2013
10:44 EDTSTO, LAMR, AVEO, EGO, SGIHigh option volume stocks: EGO LAMR SGI AVEO STO
News For EGO;LAMR;SGI;AVEO;STO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
January 22, 2015
14:11 EDTLAMRLamar Advertising announces partnership with Blue Bite
Lamar Advertising announces a new partnership with Blue Bite, which will give advertisers the ability to create measurable mobile campaigns through the use of outdoor media. The partnership will include the integration of Blue Bite's mTAG platform on Lamar's street level media. First being deployed to 440 transit locations throughout the Buffalo, NY area, both companies are working to expand the network footprint to a potential 25,000 mobile touchpoints across the U.S. and Canada.
January 21, 2015
12:24 EDTEGOOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday, as details of a reported bond buying program planned by the ECB offset weakness in the Dow after IBM's (IBM) earnings report. ECONOMIC EVENTS: In the U.S., housing starts rose 4.4% in December to a 1.89M rate, versus expectations for an increase of 1.2%, while building permits fell 1.9% to a rate of 1.03M, versus expectations of an increase of 0.8%. The Bank of Canada lowered its target for the overnight rate by one-quarter of one percentage point to 0.75% in response to the recent sharp drop in oil prices, which it said will be negative for growth and underlying inflation in Canada. Reports indicated that a proposal from the European Central Bank’s executive board is calling for it to begin making bond purchases of about EUR 50B per month and continue that easing program for at least one year. In Asia, the Bank of Japan refrained from expanding its stimulus program, although it expanded and extended its loan programs aimed at boosting bank lending. Also, the BoJ cut next fiscal year's CPI forecast to 1.0% from the 1.7% it had projected three months ago. COMPANY NEWS: Last night, IBM reported better than expected Q4 earnings, though its revenue and FY15 profit outlook trailed estimates, sending the stock down over 3% this morning. Citigroup cut its price target for IBM shares to $170 from $180 after reducing its sales and earnings estimates following the tech giant's Q4 results. Citi reiterated a Neutral rating on IBM, saying it wants to see stability in fundamentals and free cash flow growth before getting more positive on the name. Meanwhile, Jefferies said IBM's cash flow guidance for 2015 is "very weak" and that the company has yet to reach a bottom. The firm continues to believe the risk/reward for shares is skewed negatively and it kept an Underperform on IBM with a $130 price target following the company's Q4 results... Netflix (NFLX) jumped 17% to trade near $409 per share after the company reported stronger than expected fourth quarter results and a number of research firms raised their price targets for the stock while pointing out the company's global subscriber growth had exceeded expectations. Bucking the trend, FBR Capital analyst Barton Crockett said Netflix's EPS would only have been in-line with the consensus outlook if non-operating items were excluded. He said he is less impressed with Netflix following its report and trimmed his price target on the stock to $400 from $425 while keeping a Neutral rating on the shares. MAJOR MOVERS: Among the notable gainers following their earnings reports were Northern Trust (NTRS), which rose 6%, and U.S. Bancorp (USB), which gained 3.5%. Among the noteworthy losers was Eldorado Gold (EGO), which dropped 19% after the company reported on its 2014 gold production, gave guidance on production in 2015, and its shares were downgraded at Credit Suisse, TD Securities and Canccord. Also lower was Acacia Research (ACTG), which fell more than 14% after a court granted a motion finding no infringement of certain method claims asserted by the company's Adaptix subsidiary against Apple(AAPL), Verizon (VZ), AT&T (T), and HTC. INDEXES: Near midday, the Dow was up 42.03, or 0.24%, to 17,557.26, the Nasdaq was up 27.36, or 0.59%, to 4,682.21, and the S&P 500 was up 12.25, or 0.61%, to 2,034.80.
10:26 EDTEGOHigh option volume stocks
Subscribe for More Information
10:01 EDTEGOOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:21 EDTEGOEldorado Gold downgraded to Sell from Hold at Canccord
Canaccord downgraded Eldorado Gold to Sell from Hold citing its premium valuation and deteriorating fundamentals. Canaccord lowered its price target to C$8.75 from C$9 on Eldorado Gold shares.
09:16 EDTEGOOn The Fly: Pre-market Movers
Subscribe for More Information
09:03 EDTEGOEldorado Gold downgraded to Hold from Buy at TD Securities
07:32 EDTEGOEldorado Gold downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Eldorado Gold to Neutral given recent share performance and lower NAV valuation. Price target lowered to $7 from $8.
06:30 EDTEGOEldorado Gold downgraded to Neutral from Outperform at Credit Suisse
Subscribe for More Information
January 20, 2015
18:27 EDTEGOEldorado Gold reports 2014 gold production 789,224 ounces
18:26 EDTEGOEldorado Gold sees 2015 gold production 640,000-700,000 ounces
Subscribe for More Information
January 16, 2015
10:01 EDTSTOOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:29 EDTSTOStatoil downgraded to Underweight from Neutral at JPMorgan
Subscribe for More Information
January 15, 2015
10:07 EDTEGOHigh option volume stocks
Subscribe for More Information
January 14, 2015
14:58 EDTSGISilicon Graphics trades higher, levels to watch
Subscribe for More Information
14:52 EDTSGISilicon Graphics up 5% after being selected by CUNY to power research projects
SGI is up 5% in trading after announcing that the City University of New York, CUNY, has selected SGI to support the university's interdisciplinary research and educational activities through SGI's platinum partner Comnetco.
January 13, 2015
07:04 EDTAVEOAveo Pharmaceuticals estimates Q4 cash, securities of $52M
Aveo Pharmaceuticals in conference presentation slides estimates its Q4 cash and securities at around $52M. Aveo said its streamlined operations by exiting a long term facilities lease and eliminating research functions. It cut its headcount from 60 to 20, which it expects to reduce annual compensation expenses by $6M. The company said it will reduce facilities requirements by up to 80% of its current space, including the elimination of lab and vivarium needs.
January 12, 2015
10:00 EDTSTOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Agnico-Eagle (AEM) upgraded at BMO Capital... Aimco (AIV) upgraded to Outperform from Market Perform at Wells Fargo... Alaska Air (ALK) upgraded at Evercore ISI... Alcoa (AA) upgraded to Buy from Neutral at Nomura... Alon USA Energy (ALJ) upgraded to Neutral from Sell at Goldman... AvalonBay (AVB) upgraded to Buy from Hold at Jefferies... BASF (BASFY) upgraded to Buy from Neutral at Citigroup... C.H. Robinson (CHRW) upgraded to Overweight from Equal Weight at Barclays... CBS (CBS) upgraded to Outperform at Cowen... Chesapeake (CHK) upgraded to Buy from Neutral at Goldman... China Mobile (CHL) upgraded to Buy from Hold at Jefferies... Chunghwa Telecom (CHT) upgraded to Neutral from Underweight at ... D.R. Horton (DHI) upgraded at KeyBanc... Daimler AG (DDAIF) upgraded to Neutral from Underperform at BofA/Merrill... Diamond Resorts (DRII) upgraded to Buy from Neutral at Goldman... FMC Corporation (FMC) upgraded to Buy from Neutral at BofA/Merrill... First Cash Financial (FCFS) upgraded to Buy from Neutral at Janney Capital... Frontier Communications (FTR) upgraded at BofA/Merrill... HomeAway (AWAY) upgraded to Outperform from Neutral at Macquarie... Ingersoll-Rand (IR) upgraded at Morgan Stanley... KB Home (KBH) upgraded to Outperform from Market Perform at Raymond James... Knight Transportation (KNX) upgraded to Overweight from Equal Weight at Barclays... LabCorp (LH) upgraded to Outperform at RW Baird... M.D.C. Holdings (MDC) upgraded to Outperform from Market Perform at Raymond James... Mid-America Apartment (MAA) upgraded to Buy from Hold at Jefferies... PACCAR (PCAR) upgraded at RBC Capital... Parsley Energy (PE) upgraded to Neutral from Sell at Goldman... Peugeot (PUGOY) upgraded to Buy from Underperform at BofA/Merrill... Radware (RDWR) upgraded to Buy from Neutral at Buckingham... Rush Enterprises (RUSHA) upgraded at BB&T... Ryland Group (RYL) upgraded to Outperform from Market Perform at Raymond James... SL Green Realty (SLG) upgraded to Buy from Hold at Jefferies... Solera (SLH) upgraded to Buy from Neutral at Goldman... Standard Pacific (SPF) upgraded to Neutral from Underweight at JPMorgan... Statoil (STO) upgraded to Neutral from Sell at Goldman... Syngenta (SYT) upgraded to Buy from Hold at Miller Tabak... VMware (VMW) upgraded to Positive from Mixed at OTR Global... Vale (VALE) upgraded to Outperform from Sector Perform at Scotia Capital... Volvo (VOLVY) upgraded to Neutral from Underperform at BofA/Merrill... Windstream (WIN) upgraded at BofA/Merrill... lululemon (LULU) upgraded to Neutral from Underperform at Sterne Agee.
09:17 EDTSTOStatoil upgraded to Neutral from Sell at Goldman
Subscribe for More Information
07:17 EDTAVEOJPMorgan to hold a conference
Subscribe for More Information
1 | 2 | all recent news | >>

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