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Stock Market & Financial Investment News

News Breaks
July 21, 2014
10:31 EDTNIHD, FL, LCI, BBT, CROX, SIAL, EZPW, EXTR, OREX, STLDHigh option volume stocks:
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April 24, 2015
10:00 EDTBBTOn The Fly: Analyst Downgrade Summary
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07:03 EDTBBTBB&T downgraded to Neutral from Buy at Compass Point
Compass Point downgraded BB&T to Neutral and lowered its price target to $39 from $41 following the disappointing Q1 report. The firm said loan growth continues to lag, and when combined with NIM pressures and expansion uncertainties into new markets, will prevent adequate book value growth vs. peers. Compass Point recommends investors stay on the sidelines until there is more clarity on the potential benefits from the Susquehanna acquisition.
April 23, 2015
13:47 EDTBBTBB&T downgraded to Underperform from Sector Perform at Portales
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05:51 EDTBBTBB&T reports Q1 adjusted EPS 68c, consensus 70c
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April 22, 2015
15:50 EDTBBTNotable companies reporting before tomorrow's open
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07:37 EDTOREXOrexigen and Takeda receive Paragraph IV certification notice
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April 21, 2015
14:02 EDTOREXParagraph IV patent challenges submitted to FDA for Orexigen's Contrave
An Abbreviated New Drug Application, or ANDA, has been received by the Office of Generic Drugs containing a "Paragraph IV" patent certification for Contrave, the weight loss drug whose patent is owned by Orexigen Therapeutics, according to an FDA notice. The date on which the first substantially complete generic drug application was submitted to the Agency for Contrave was March 12, according to the posting. Reference Link
10:27 EDTFLFoot Locker announces partnership with PENSOLE
Foot Locker announced that they have entered into a collaboration with PENSOLE Footwear Design Academy to invest in the next generation of footwear by fostering innovation and creativity in the classroom. Foot Locker and PENSOLE will partner with ASICS Tiger on their first initiative this summer.
08:46 EDTEXTRExtreme Networks appoints Ed Meyercord as CEO
Extreme Networks appointed Board Chairman Ed Meyercord as its President and CEO effective April 19. Meyercord will be replacing Chuck Berger, who has resigned from his position and from the Board of Directors of Extreme Networks effective April 19. Having served on the Extreme Networks' board for over five years as an independent director, Meyercord brings a deep knowledge of the company and commitment to Extreme customers and employees.
07:03 EDTSIALSigma-Aldrich, BioReliance and SAFC announce agreement with QTS
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April 20, 2015
18:04 EDTSTLDSteel Dynamics sees Q2 being 'transitional'
Mark Millett, CEO of Steel Dynamics stated, "As the expected reduction in steel import volume and sustained lower scrap costs occur, we anticipate improved results in Q2, and throughout the remainder of the year. We believe Q2 will be transitional, and the timing of recovery may be later in the quarter than originally anticipated, as imports have not declined as quickly as originally anticipated, but we are seeing positive signs. While we continue to strengthen our financial position through strong cash flow generation, and execute our long-term strategy, we are well-positioned to grow. Customer focus, coupled with our market diversification and low-cost operating platforms, support our ability to maintain our best-in-class performance. We believe we are poised to capitalize on meaningful growth opportunities, both near-term and in the future, that will benefit our customers, shareholders, employees and communities."
18:02 EDTSTLDSteel Dynamics reports Q1 adjusted EPS 17c, consensus 15c
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15:37 EDTSTLDNotable companies reporting after market close
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April 19, 2015
19:35 EDTSIALMerck to swiftly repay $5B loan, explore acquisitions by late 2017, Reuters says
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April 15, 2015
10:46 EDTSTLDBofA/Merrill metals/mining/steel analysts hold analyst/industry conference call
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April 14, 2015
17:02 EDTCROXCrocs appoints Coach International Group president Ian Bickley to board
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April 13, 2015
06:22 EDTCROXGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link

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