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Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:10 EDTEQIXEquinix analyst day implies sales outlook conservative, says Citigroup
Citigroup believes Equinix's disclosures on bookings at its analyst day suggest the company's revenue guidance for 2014 remains conservative and that the pending REIT conversion is still the likely outcome. Citi says it remains a buyer of the stock. It keeps a Buy rating on Equinix with a $230 price target.
News For EQIX From The Last 14 Days
Check below for free stories on EQIX the last two weeks.
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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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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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