New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 20, 2014
10:26 EDTSWHC, CMG, RHT, MONT, XONE, FIO, YONG, BBRY, IDIXOptions with decreasing implied volatility
Options with decreasing implied volatility: FIO RHT IDIX XONE CMG BBRY MONT SWHC YONG JBL
News For FIO;RHT;IDIX;XONE;CMG;BBRY;MONT;SWHC;YONG 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 news | >>
November 23, 2014
14:29 EDTXONE3D printing draws regulatory scrutiny as its applications spread, FT says
Subscribe for More Information
November 21, 2014
10:01 EDTRHTOn The Fly: Analyst Initiation Summary
Subscribe for More Information
November 20, 2014
16:17 EDTRHTRed Hat initiated with a Hold at Jefferies
Subscribe for More Information
12:00 EDTXONEAnalyst sees new competition shaking up 3D printing market
Subscribe for More Information
07:33 EDTXONE3D Systems likely to lower prices amid new competition, says Jefferies
Subscribe for More Information
November 19, 2014
15:53 EDTBBRYSome make case for Yahoo considering BlackBerry acquistion, Re/code says
Sources close to Yahoo (YHOO) said the company has been considering several "big acquisitions," largely aimed at helping its display business, and is eyeing tech-related companies including MediaMath, RadiumOne and Turn, reported Re/code's Kara Swisher. Swisher added that "one of the most far-out" ideas that has been "floated by bankers and other sundry pundits" is that Yahoo should buy BlackBerry (BBRY), and Swisher said that while that may seem unlikely, such a purchase would be "well within the amount" that Yahoo CEO Marissa Mayer has to spend. Reference Link
15:05 EDTBBRYBlackBerry CEO's forecasting skills under scrutiny, WSJ says
After Morgan Stanley suggested that BlackBerry may miss its revenue target for software sales, the forecasting skills of BlackBerry CEO John Chen may come under scrutiny, says the Wall Street Journal. According to the report, Chen, known as a turnaround expert, has said the smartphone maker will double its software sales to $500M in its next fiscal year. The Morgan Stanley analyst who wrote the report, James Faucette, said in the note, “We are skeptical that BlackBerry will be able to achieve that level of success, particularly with a new product platform, new pricing and with a still very damaged brand,” added the Wall Street Journal. Reference Link
12:18 EDTBBRYBlackBerry sinks after Morgan Stanley cuts to Underweight
Shares of BlackBerry (BBRY) are sinking after Morgan Stanley downgraded the stock to Underweight, saying that the market had become too optimistic about the outlook for the company's software and messaging platform. WHAT'S NEW: BlackBerry's valuation indicates that the market expects the company's software revenue and messaging revenue to increase by $250M and $100M, respectively, in fiscal 2016, Morgan Stanley analyst James Faucette wrote in a note to investors before the market opened today. These expectations are consistent with the targets set by the device maker's CEO, John Chen, Faucette stated. But the outlook "seems excessive," as they imply that BlackBerry will retain all of its enterprise subscribers, and convince them to pay the company three times more money than now, the analyst stated. BlackBerry will not "gain relevancy in the enterprise mobile management software market and will continue to lose enterprise subscribers," Faucette believes. He downgraded the stock to Underweight from Equal Weight and set a $7 price target on the shares. WHAT'S NOTABLE: In September, BlackBerry reported that it had issued 3.4M licenses for its BES10 mobile device management system during its September quarter representing a nearly threefold increase over the previous quarter. The company stated that BlackBerry Messenger had 91M users, up from 85M users the previous quarter. In a note to investors on November 14, JPMorgan raised its price target on the stock to $13 from $10. The company's product announcements on November 13 increased the chances that its software strategy will work, according to the firm. JPMorgan added, however, that BlackBerry still had a long road back to health, and kept a Neutral rating on the shares. PRICE ACTION: In late morning trading, BlackBerry slid 5% to $10.20.
11:52 EDTMONTPDSTI completes acquisition of Montage Technology
Subscribe for More Information
10:25 EDTXONEOptions with decreasing implied volatility
Subscribe for More Information
10:00 EDTBBRYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Beacon Roofing (BECN) downgraded to Hold from Buy at KeyBanc... BlackBerry (BBRY) downgraded to Underweight from Equal Weight at Morgan Stanley... Consolidated Edison (ED) downgraded to Sell from Neutral at UBS... Denbury Resources (DNR) downgraded to Hold from Buy at Wunderlich... Synchronoss (SNCR) downgraded to Underperform from Neutral at RW Baird... Total System (TSS) downgraded to Sell from Neutral at Goldman... Movado (MOV) downgraded to Market Perform from Outperform at Barrington... Transocean Partners (RIGP) downgraded to Market Perform from Outperform at Wells Fargo... Seadrill Partners (SDLP) downgraded to Market Perform from Outperform at Wells Fargo... Petrobras (PBR) downgraded to Neutral from Buy at UBS.
09:16 EDTBBRYOn The Fly: Pre-market Movers
Subscribe for More Information
07:57 EDTBBRYBlackBerry downgraded at Morgan Stanley
Subscribe for More Information
06:13 EDTBBRYBlackBerry downgraded to Underweight from Equal Weight at Morgan Stanley
November 18, 2014
10:20 EDTXONEOptions with decreasing implied volatility
Subscribe for More Information
November 14, 2014
16:26 EDTBBRYNasdaq clear leader as major averages end week higher
Subscribe for More Information
08:33 EDTXONEExOne momentum may improve in 2015, says Oppenheimer
After ExOne reported weaker than expected Q3 results, Oppenheimer says the company was confident that its performance will improve in Q4. The firm thinks that ExOne's 2015 guidance looks conservative, while the company's momentum may improve significantly in 6-12 months. It keeps an Outperform rating on the shares.
08:20 EDTXONEExOne price target lowered to $37 from $45 at FBR Capital
FBR Capital lowered its price target for ExOne shares to $37 saying deferrals impacted the company's Q3 results. The firm keeps an Outperform rating on the stock.
07:20 EDTBBRYBlackBerry price target raised to $13 from $10 at JPMorgan
Subscribe for More Information
07:19 EDTBBRYBlackBerry new partnerships positive, but still early days, says RBC Capital
RBC Capital believes that BlackBerry has recruited good partners and distributors, but the firm thinks it's still unclear whether BES 12 can gain share from other Enterprise Mobility Management systems. RBC Capital keeps a $12 price target and Sector Perform rating on BlackBerry.
1 | 2 | all recent 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