New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 3, 2014
08:55 EDTFINL, FINL, FINLFinish Line management to meet with Sterne Agee
Meeting to be held in Dallas on April 9 hosted by Sterne Agee.
News For FINL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent FINL news | >>
September 29, 2014
08:20 EDTFINLFinish Line weakness a buying opportunity, says Canaccord
Subscribe for More Information
06:09 EDTFINLFinish Line sell-off brings compelling entry point, says Jefferies
Subscribe for More Information
September 26, 2014
16:15 EDTFINLOn The Fly: Closing Wrap
Stocks on Wall Street were higher, regaining much of their losses from yesterday, after GDP data showed the U.S. economy grew at its fastest pace in more than 2 years during the second quarter. Also helping improve sentiment was the significant earnings beat from Dow member Nike (NKE). ECONOMIC EVENTS: In the U.S., second quarter real GDP growth was revised up to 4.6% in the government's third estimate. This was raised from the prior 4.2% growth estimate, though the upward revision had been expected by analysts. The final University of Michigan consumer sentiment index for September came in at 84.6, which was unchanged from the preliminary print but up from the final August reading of 82.5. COMPANY NEWS: Shares of Nike climbed $9.75, or 12.23%, to $89.50 after the company reported stronger than expected results and provided better than expected profit guidance. Following last night's report, a number of analysts reacted positively in notes this morning, including Janney Capital, which upgraded the stock to Buy from Neutral. Meanwhile, Deutsche Bank upgraded Under Armour (UA) to Buy, citing continued sector strength evidenced in Nike's results. Under Armour gained $2.27, or 3.36%, to $69.82 following the report from the industry leader and Deutsche's ratings action. MAJOR MOVERS: Among the notable gainers was Janus Capital (JNS), which surged $4.60, or 41.43%, to $15.72 after the company unexpectedly announced that "Bond King" Bill Gross, formerly of PIMCO, will join as a fund manager this Monday. Afterward, Citigroup upgraded Janus to Neutral from Sell, citing Gross' hiring. Also higher was Yahoo (YHOO), which jumped $1.71, or 4.39%, to $40.66 after activist investor Starboard Value announced it has acquired a significant ownership stake in the company and urged it to explore a strategic combination with AOL (AOL). Shares of AOL also rose $1.58, or 3.68%, to $44.55 following Starboard's public disclosure of its recommendation to Yahoo. Among the noteworthy losers was Finish Line (FINL), which was left out of the Nike-fueled rally in the sneaker sector and fell $4.30, or 14.62%, to $25.11 after the company reported second quarter earnings and revenue that missed expectations. Following Finish Line's Q2 report, the stock and peer Foot Locker (FL) were both downgraded to Neutral from Buy at Bank of America Merrill Lynch. Also lower were shares of AcelRx (ACRX), which fell $1.31, or 19.49%, to $5.41 and was downgraded to Neutral at Roth Capital after the company said it has to resubmit for FDA approval of its Zalviso drug. INDEXES: The Dow advanced 167.35, or 0.99%, to 17,113.15, the Nasdaq gained 45.45, or 1.02%, to 4,512.19, and the S&P 500 rose 16.86, or 0.86%, to 1,982.85.
13:55 EDTFINLFoot Locker, Finish Line downgraded to Neutral at BofA/Merrill
Subscribe for More Information
13:48 EDTFINLFinish Line downgraded to Neutral from Buy at BofA/Merrill
Subscribe for More Information
10:58 EDTFINLFinish Line left out of sports footwear rally after earnings miss
Subscribe for More Information
10:31 EDTFINLNike runs higher after results, guidance beat expectations
Subscribe for More Information
09:12 EDTFINLFinish Line cites assortment 'blip' for Q2 performance
Subscribe for More Information
09:03 EDTFINLOn The Fly: Pre-market Movers
Subscribe for More Information
08:53 EDTFINLFinish Line says remains 'on-track' to achieve FY15 guidance
Subscribe for More Information
07:12 EDTFINLFinish Line says Q2 results fell short due to basketball offering 'softness'
Subscribe for More Information
07:10 EDTFINLFinish Line sees FY15 EPS $1.66, consensus $1.87
For the fiscal year ending February 28, 2015, the company still expects Finish Line comparable store sales to be up mid single digits and EPS to increase in the high single to low double digit range over FY14.
07:09 EDTFINLFinish Line reports Q2 adjusted EPS 54c, consensus 60c
Subscribe for More Information
07:03 EDTFINLFinish Line trading halted, pending news
Subscribe for More Information
September 25, 2014
15:29 EDTFINLNotable companies reporting before tomorrow's open
Subscribe for More Information
11:22 EDTFINLSkechers rebounds after refuting Barrington research report
Subscribe for More Information
09:05 EDTFINLSkechers remains a top pick at Sterne Agee
Sterne Agee said Skechers (SKX) business remains robust and outlook promising despite the noise in the shares yesterday and reiterates it as a top pick.
September 22, 2014
10:15 EDTFINLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actavis (ACT) downgraded to Equal Weight from Overweight at Barclays... Aetna (AET) downgraded to Neutral from Buy at BofA/Merrill... Auxilium (AUXL) downgraded to Hold from Buy at Stifel... CARBO Ceramics (CRR) downgraded to Neutral from Buy at Sterne Agee... Commerzbank (CRZBY) downgraded to Underperform from Neutral at Exane BNP Paribas... Concur (CNQR) downgraded to Neutral from Buy at Nomura... Dresser-Rand (DRC) downgraded to Neutral from Accumulate at Global Hunter... Finish Line (FINL) downgraded to Equal Weight from Overweight at Morgan Stanley... General Communications (GNCMA) downgraded to Hold from Buy at Drexel Hamilton... InvenSense (INVN) downgraded to Neutral from Outperform at RW Baird... Las Vegas Sands (LVS) downgraded to Market Perform from Outperform at Wells Fargo... Lindsay Corp. (LNN) downgraded at Sterne Agee... Melco Crown (MPEL) downgraded to Market Perform from Outperform at Wells Fargo... Outerwall (OUTR) downgraded to Sell from Neutral at B. Riley... PSEG (PEG) downgraded to Hold from Buy at Jefferies... Realogy (RLGY) downgraded to Underperform from Neutral at Credit Suisse... Regal-Beloit (RBC) downgraded to Accumulate from Buy at Global Hunter... SABMiller (SBMRY) downgraded to Market Perform from Outperform at Bernstein... Saba Software (SABA) downgraded to Neutral from Buy at B. Riley... Suburban Propane (SPH) downgraded to Market Perform from Outperform at Wells Fargo... Swiss Re (SSREY) downgraded to Underperform from Neutral at Exane BNP Paribas... Towers Watson (TW) downgraded to Buy from Conviction Buy at Goldman... Valmont (VMI) downgraded at Sterne Agee... Walgreen (WAG) downgraded to Equal Weight from Overweight at Barclays... Watts Water (WTS) downgraded to Neutral from Buy at Janney Capital... Wynn Resorts (WYNN) downgraded to Market Perform from Outperform at Wells Fargo... Yahoo (YHOO) downgraded to Neutral from Buy at BofA/Merrill.
08:17 EDTFINLFinish Line price target raised to $32 from $30 at UBS
Subscribe for More Information
05:40 EDTFINLFinish Line downgraded to Equal Weight from Overweight at Morgan Stanley
Subscribe for More Information
1 | 2 | all recent FINL news | >>

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