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Stock Market & Financial Investment News

News Breaks
January 13, 2014
07:44 EDTEXPRExpress down 5.4% after cutting Q4, FY guidance
News For EXPR From The Last 14 Days
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January 26, 2015
16:33 EDTEXPRExpress note redemption adds 11c to FY15 earnings, says Nomura
Nomura expects the redemption of the 8.75% senior notes to add 11c to Express' FY15 earnings. In addition, the firm says its recent meeting with management highlighted better than expected holiday trends. The firm calls Express shares the cheapest in its retail coverage and keeps a Buy rating on the stock with a $16 price target.
January 21, 2015
10:01 EDTEXPROn The Fly: Analyst Downgrade Summary
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07:08 EDTEXPR, EXPRExpress downgraded to Sell from Buy at CLSA
CLSA downgraded Express to Sell from Buy following the announcement that buyout talks with private-equity firm Sycamore Partners have ended and expectations apparel trends will remain weak into FY16. Price target lowered to $12.
January 20, 2015
13:08 EDTEXPROn The Fly: Midday Wrap
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10:33 EDTEXPR1981 Investments reports 9.8% stake in Express, intends to review investment
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10:21 EDTEXPRExpress weakness a buying opportunity, says Mizuho
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09:11 EDTEXPROn The Fly: Pre-market Movers
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08:08 EDTEXPRExpress, Sycamore Partners announce termination of discussions
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08:07 EDTEXPRExpress, Sycamore Partners announce termination of discussions
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January 15, 2015
10:19 EDTEXPROptions with decreasing implied volatility
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January 12, 2015
11:52 EDTEXPRExpress says consumers 'came out with enthusiasm' in last two weeks of December
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09:30 EDTEXPROn The Fly: Pre-market Movers
HIGHER: Foundation Medicine (FMI) up 138.9% following transaction with Roche (RHHBY)... Celator Pharmaceuticals (CPXX), up 19.1% after announcing promising Phase 2 data for CPX-351... Second Sight (EYES), up 16.7% after Health Canada approves Argus II retinal prosthesis system... Aegerion (AEGR), up 7.8% after reporting preliminary fourth quarter results and guidance... Express (EXPR), up 4.5% after reporting preliminary fourth quarter results. NOTABLE: NPS Pharmaceuticals (NPSP), up 8.5% following acquisition by Shire (SHPG)... Shire is down 1.1% in pre-market trading. LOWER: Arrowhead (ARWR), down 20.9% after FDA clears company to begin modified study of ARC-520 in a preliminary call of a partial clinical hold... Tiffany (TIF), down 10.4% after lowering fiscal 2014 net EPS guidance... SanDisk (SNDK), down 10.1% after lowering fourth quarter outlook... Ascena Retail (ASNA), down 5.8% after lowering fiscal 2015 adjusted EPS view... Sarepta Therapeutics (SRPT), down 5.9% after reporting long-term outcomes from Phase IIb Eteplirsen study... Loral Space & Communications (LORL), down 3.6% following a NY Post article that reported that talks to sell itself to the Ontario Teachers’ Pension Plan have ended... Southwestern Energy (SWN), down 4.2% after filing to sell 20.3M shares of stock and 26M depository shares.
07:26 EDTEXPRWedbush to hold a meetings at ICR XChange Conference
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06:06 EDTEXPRExpress raises FY14 EPS view to 74c-77c from 69c-76c
Full year comparable sales are now expected to decline in the mid-single digit range, compared to the company's previous guidance of a mid to high single digit decline.
06:04 EDTEXPRExpress raises Q4 EPS view to 43c-46c from 38c-45c
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06:04 EDTEXPRExpress lowers Q4 SSS view to down 3%-4% from mid to high single digit decline
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