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Stock Market & Financial Investment News

News Breaks
December 3, 2012
06:21 EDTINAP, EQIXChecks suggest data center demand improving, says Wells Fargo
Wells Fargo said its channel checks in the data center sector indicate retail booking trends are improving in Q4 from Q3 and that retail pricing remains stable. The firm keeps Outperform ratings on Equinix (EQIX) and Internap (INAP).
News For EQIX;INAP From The Last 14 Days
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July 31, 2014
09:30 EDTEQIXEquinix downgraded to Equal Weight from Overweight at Stephens
08:01 EDTEQIXEquinix price target raised to $259 from $240 at Canaccord
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07:17 EDTEQIXEquinix price target raised to $245 from $215 at RBC Capital
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July 30, 2014
18:54 EDTEQIXOn The Fly: After Hours Movers
UP AFTER EARNINGS: VistaPrint (VPRT), up 20.6% after reporting better than expected quarterly results and guiding fiscal 2015 higher than analyst estimates... Mobileiron (MOBL), up 16.5%... LivePerson (LPSN), up 10.6%... Equinix (EQIX), up 1.1%... Whiting Petroleum (WLL), up 1.2%. DOWN AFTER EARNINGS: Glu Mobile (GLUU), down 9.9% after reporting second quarter results and that it will acquire Cie Games for $100M in cash and stock... ServiceNow (NOW), down 5.8%... Akamai (AKAM), down 5.3%... Westell Technologies (WSTL), down 7.5%... Solazyme (SZYM), down 4%... Whole Foods (WFM), down 3.4% after reporting third quarter results and guidance for the fourth quarter and fiscal 2014... Kraft Foods (KRFT), down 1.6%... Lam Research (LRCX), down 1.6%... Yelp (YELP), reverses in after-hours trading and shares are down marginally after reporting a decline in newly added businesses. ALSO LOWER: Penn Virginia (PVA), down 2.1% after announcing that it has sold Eagle Ford Shale acreage rights for $150M... Yum! Brands (YUM), down 5.6% after saying that OSI had a "significant, negative impact" to its sales in China.
16:17 EDTEQIXEquinix raises 2014 revenue outlook to $2.425B-$2.435B, consensus $2.41B
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16:17 EDTEQIXEquinix sees Q3 revenue $614M-$618M, consensus $606.25M
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16:16 EDTEQIXEquinix reports Q2 EPS with charge 22c, won't compare to consensus 81c
Reports Q2 revenue $605.2M, consensus $596M. EPS includes a charge to the income statement of $51.2M for the loss on debt extinguishment related to the exchanges of the convertible subordinated notes.
15:31 EDTEQIXNotable companies reporting after market close
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08:56 EDTEQIXEquinix August weekly volatility elevated into Q2 and sales outlook
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07:42 EDTINAPInternap upgraded at Cowen
As previously reported, Cowen upgraded Internap to Outperform from Market Perform. The firm expects top-line growth to continue driven by mix shift and raised EBITDA margin forecasts. The firm said management continues to be very bullish on revenue growth and notes several have bought stock in the open market in recent months. Price target raised to $12 from $7.50.
06:41 EDTINAPInternap upgraded to Outperform from Market Perform at Cowen
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July 29, 2014
16:40 EDTINAPInternap reports Q2 normalized EPS (15c), consensus (12c)
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July 25, 2014
15:26 EDTINAPInternap management to meet with Barrington
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July 24, 2014
10:03 EDTEQIXOn The Fly: Analyst Downgrade Summary
Today's noteworthy initiations include: CECO Environmental (CECE) initiated with a Buy at Canaccord... CorMedix (CRMD) initiated with a Buy at Roth Capital... CyrusOne (CONE) initiated with an Equal Weight at Barclays... Dangdang (DANG) initiated with a Buy at Citigroup... Equinix (EQIX) initiated with an Equal Weight at Barclays... FactSet (FDS) initiated with a Buy at Jefferies... JMP Group (JMP) initiated with an Outperform at Barrington... Markit (MRKT) initiated with a Hold at Jefferies... Thomson Reuters (TRI) initiated with a Hold at Jefferies... Wheeler REIT (WHLR) initiated with a Buy at Maxim... Zafgen (ZFGN) initiated with an Outperform at Leerink.
05:33 EDTEQIXEquinix initiated with an Equal Weight at Barclays
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July 22, 2014
11:10 EDTEQIXNetflix EU expansion modestly positive for Equinix, InterXion, says Wells Fargo
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July 18, 2014
16:20 EDTINAPGabelli reports 19.56% stake in Internap
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