New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 4, 2014
09:45 EDTFEYE, CSCO, FTNTWells questions validity of low FireEye score in NSS Labs report
Wells Fargo notes that while most of yesterday's sell-off in shares of FireEye (FEYE) was due to a rotation out of high growth names, the company also received a relatively low score compared to Cisco's (CSCO) SourceFire, TrendMicro and Fortinet (FTNT) in an NSS Labs report on Breach Detection Systems. Wells said it questions the validity of the report for a “number of reasons” and it does not think FireEye's growth outlook in 2014 will be impacted. The firm keeps an Outperform rating on FireEye.
News For FEYE;CSCO;FTNT From The Last 14 Days
Check below for free stories on FEYE;CSCO;FTNT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 28, 2014
10:02 EDTCSCOOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AcelRx (ACRX) downgraded to Hold from Buy at Canaccord... Anglo American (AAUKY) downgraded to Neutral from Buy at UBS... Aon plc (AON) downgraded to Hold from Buy at Sandler ONeill... Cabot Oil & Gas (COG) downgraded at Oppenheimer... Cisco (CSCO) downgraded to Sector Perform from Outperform at Pacific Crest... Coeur Mining (CDE) downgraded to Market Perform from Outperform at Raymond James... DSW (DSW) downgraded at Sterne Agee... DuPont Fabros (DFT) downgraded to Neutral from Buy at Citigroup... El Paso Electric (EE) downgraded to Hold from Buy at Jefferies... Enphase Energy (ENPH) downgraded to Hold from Buy at Deutsche Bank... GlaxoSmithKline (GSK) downgraded to Neutral from Buy at BofA/Merrill... Horizon Technology (HRZN) downgraded to Hold from Buy at Wunderlich... Lear (LEA) downgraded to Hold from Buy at Deutsche Bank... Life Time Fitness (LTM) downgraded at Wedbush... Monster Beverage (MNST) downgraded to Neutral from Buy at UBS... NRG Energy (NRG) downgraded to Buy from Conviction Buy at Goldman... PG&E (PCG) downgraded to Sell from Neutral at Goldman... Pfizer (PFE) downgraded at BMO Capital... Post Properties (PPS) downgraded to Neutral from Buy at Citigroup... Publicis (PUBGY) downgraded to Sell from Neutral at Citigroup... Selmer Scientific (SMLR) downgraded to Hold from Buy at Aegis... TransCanada (TRP) downgraded to Neutral from Outperform at Credit Suisse... Travelers (TRV) downgraded to Hold from Buy at Sandler O'Neill... Zurich Insurance (ZURVY) downgraded to Underperform from Market Perform at Bernstein.
05:46 EDTCSCOCisco downgraded to Sector Perform from Outperform at Pacific Crest
Pacific Crest downgraded its rating on Cisco (CSCO) shares to Sector Perform citing valuation and concern the company's margin expansion could moderate in 2015. The firm believes shares are fairly valued at $26. Cisco closed Friday up 14c to $25.97.
July 27, 2014
18:57 EDTCSCOAmazon's cloud computing unit AWS faces more rivals, WSJ says
Amazon.com's (AMZN) cloud computing unit AWS has been competing with Google (GOOG) and Microsoft (MSFT) but more company's have launched offerings in the space including Verizon (VZ), Cisco Systems (CSCO), International Business Machines (IBM) and VMware (VMW), which may threaten the profitability plans that Amazon has for AWS, says the Wall Street Journal. Reference Link
July 24, 2014
12:36 EDTFTNTAnalyst says Barracuda weakness may be based on misunderstanding
Subscribe for More Information
10:56 EDTFTNTBarracuda Networks pullback may be due to misinterpretation, says JPMorgan
Subscribe for More Information
10:19 EDTFTNTHigh option volume stocks
Subscribe for More Information
09:17 EDTFTNTFortinet best small cap idea for 2014, says RW Baird
Subscribe for More Information
09:16 EDTFTNTOn The Fly: Pre-market Movers
Subscribe for More Information
07:43 EDTFTNTFortinet price target raised to $30 from $26 at JMP Securities
JMP Securities increased its price target on Fortinet after the company reported stronger than expected Q2 results. The firm thinks the company is well-positioned to continue gaining market share and reiterates an Outperform rating.
07:22 EDTFTNTFortinet price target raised to $29 from $26 at Pacific Crest
Pacific Crest raised its price target on Fortinet as the firm thinks the company reported impressive Q2 results. The firm believes that the company is gaining market share and seeing strong momentum. It keeps an Outperform rating on the shares.
July 23, 2014
18:34 EDTFTNTOn The Fly: After Hours Movers
UP AFTER EARNINGS: Fortinet (FTNT), up 7.8%... Hanesbrands (HBI), up 5.4%... 8x8 (EGHT), up 5.1%... Infinera (INFN), up 4.9%... Facebook (FB), reverses and is now trading up 5.1% following second quarter earnings conference call. NOTABLE: Twitter (TWTR), up 1.7%, LinkedIn (LNKD), up marginally, and Yelp (YELP), up 1.6% after Facebook reports second quarter results. ALSO HIGHER: Spectranetics (SPNC), up 7.1% after receiving FDA clearance for atherectomy products, Turbo-Tandem and Turbo Elite... Ariad Pharmaceuticals (ARIA), up 7.1%... Jamba (JMBA), up 3.8% after Engaged Capital reports stake in the company and announced that they had discussions with management. DOWN AFTER EARNINGS: AT&T (T), down 1.2%... Angie's List (ANGI), down 16.4%... Tripadvisor (TRIP), down 11.5%... Orchids Paper (TIS), down 7.4%... Cirrus Logic (CRUS), down 6.6%... Cliffs Natural (CLF), down 1.2%... Teradyne (TER), down 4%. ALSO LOWER: Kandi Technologies (KNDI), down 3.8% after being mentioned negatively in a Seeking Alpha blog post.
16:49 EDTFTNTFortinet sees FY14 EPS 47c-48c, consensus 50c
Subscribe for More Information
16:42 EDTFTNTFortinet sees Q3 EPS 11c, consensus 13c
Subscribe for More Information
16:32 EDTFTNTFortinet reports Q2 adjusted EPS 11c, consensus 10c
Subscribe for More Information
13:28 EDTFTNT, FEYECheck Point advances after results beat expectations
Subscribe for More Information
12:57 EDTFTNTCheck Point Q2 results, guidance solid, says Wells Fargo
Wells Fargo believes that Check Point (CHK) reported solid Q2 results and provided solid guidance, as its large deal metrics were particularly strong, according to Wells. The firm thinks the results show that spending trends in cyber security remain strong, boding well for cyber security companies Palo Alto (PANW), Fortinet (FTNT), and FireEye (FEYE). Wells keeps an Outperform rating on Check Point.
11:08 EDTFTNTHigh option volume stocks
Subscribe for More Information
July 22, 2014
15:07 EDTCSCOEarnings Preview: Microsoft to report after Nadella makes big job cuts
Subscribe for More Information
08:14 EDTCSCOCisco to establish Global IoE Innovation Center in Barcelona
Cisco and Barcelona City Council announced plans to open a Cisco Global IoE Innovation Center in Barcelona. The Innovation Center will provide a platform for research, technological development and new market opportunities related to the Internet of Everything for smart cities. The new 1,720 SQM Cisco center will be located at Ca l'Alier, a 19th century heritage building at the core of the 22@Barcelona district, as part of the new Smart City Campus. Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30M in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.

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