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Stock Market & Financial Investment News

News Breaks
January 4, 2013
12:29 EDTARAY, AGU, HNR, POT, CSTR, SCTY, MOS, FINLOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday after the monthly jobs report was roughly in-line with forecasts and a measure of growth in the services sector beat expectations. The averages began the session in quiet fashion in what looked like the start of a day of market consolidation after the big advances seen Monday and Wednesday. Yesterday's pullback, triggered by the release of the minutes from the Fed's last meeting, may turn out to be the week's only down day if the current levels hold into the closing bell... ECONOMIC EVENTS: In the U.S., the Labor Department said employers added 155,000 jobs in December, which was about in-line with estimates and near the average pace of job growth over the last year. The unemployment rate for November was upwardly revised to 7.8% and the Labor Department said the 7.8% rate carried over to December as well. Factory orders were flat in November, versus expectations for them to increase 0.4%. The December ISM non-manufacturing index, which measures services sector expansion or contraction, came in at 56.1, versus expectations for a 54.1 reading. Reports from the Energy Information Administration showed inventories of crude oil and natural gas both drew down more than expected last week... COMPANY NEWS: Shares of Mosaic (MOS) advanced over 2.5% following its report of better than expected earnings and its peers in the fertilizer industry, including Potash (POT) and Agrium (AGU), rose in concert... Conversely, Finish Line (FINL) reported a break-even quarter, disappointing the Street and prompting downgrades at Northland Securities and Bank of America Merrill Lynch. Finish Line shares slid nearly 6%... MAJOR MOVERS: Among the notable gainers was recent IPO SolarCity (SCTY), which rose over 16% after it gave guidance for its expected growth in deployments this year. Also higher were shares of Harvest Natural Resources (HNR), up 12% after it announced a new oil discovery in West Africa. Among the noteworthy losers were Accuray (ARAY), down 20% following a downgrade to Underweight at JPMorgan after the company's negative Q2 pre-announcement, and Coinstar (CSTR), down over 5% after its CEO announced plan to retire in March... INDICES: Near noon, the Dow was up 15.88, or 0.12%, to 13,407.24; the Nasdaq was up 3.49, or 0.11%, to 3,104.06; and the S&P 500 was up 4.12, or 0.28%, to 1,463.49.
News For FINL;MOS;POT;AGU;SCTY;HNR;ARAY;CSTR From The Last 14 Days
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May 27, 2015
10:39 EDTARAYAccuray management to meet with Brean Capital
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May 26, 2015
16:39 EDTARAYPartner Fund Management reports 5.2% passive stake in Accuray
May 21, 2015
19:51 EDTSCTYSolarCity CEO says Tesla Battery works with solar homes
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09:24 EDTARAYAccuray management to meet with Brean Capital
Meeting to be held in San Francisco on May 26 hosted by Brean Capital.
07:14 EDTPOT, MOSBMO Capital to hold a conference
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May 19, 2015
09:58 EDTPOTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ascena Retail (ASNA) upgraded to Outperform from Market Perform at FBR Capital... Enphase Energy (ENPH) upgraded to Strong Buy from Buy at Needham... Fifth Third (FITB) upgraded on Vantiv outlook at Oppenheimer... Hortonworks (HDP) upgraded to Overweight from Equal Weight at Barclays... MasterCard (MA) upgraded to Overweight from Sector Weight at Pacific Crest... NetEase.com (NTES) upgraded to Buy from Neutral at Citigroup... Panera Bread (PNRA) upgraded to Outperform from Market Perform at Cowen... Potash (POT) upgraded to Market Perform from Underperform at Cowen... Reed Elsevier (RUK) upgraded to Buy from Neutral at Goldman... Royal Caribbean (RCL) upgraded to Overweight from Neutral at JPMorgan... Sysco (SYY) upgraded at Credit Suisse... THL Credit (TCRD) upgraded to Buy from Hold at Deutsche Bank... Take-Two (TTWO) upgraded to Buy from Neutral at Sterne Agee CRT... Tempur Sealy (TPX) upgraded on Sealy gross margin improvement at Longbow... TriState Capital (TSC) upgraded to Outperform from Market Perform at Keefe Bruyette... Xilinx (XLNX) upgraded to Overweight from Sector Weight at Pacific Crest.
09:22 EDTHNROn The Fly: Pre-market Movers
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07:42 EDTPOTPotash upgraded to Market Perform from Underperform at Cowen
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07:15 EDTAGUGoldman Sachs to hold a conference
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07:13 EDTMOSBarclays to hold a conference
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May 18, 2015
15:25 EDTSCTYSolarCity management to meet with JPMorgan
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May 15, 2015
10:55 EDTSCTYJANA Partners gives quarterly update on stakes
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May 14, 2015
16:14 EDTMOSMosaic up 1% after announcing new $1.5B buyback plan, dividend increase
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16:12 EDTMOSMosaic announces new $1.5B share buyback plan, raises dividend to 27.5c
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16:11 EDTMOSMosaic increases dividend to 27.5c from 25c
16:11 EDTMOSMosaic announces New $1.5B share repurchase authorization
May 13, 2015
17:27 EDTMOSMosaic announces Joc O'Rourke to succeed Jim Prokopanko as CEO
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