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Stock Market & Financial Investment News

News Breaks
November 9, 2012
06:58 EDTFL, FINLCiti recommends buying Foot Locker, Finish Line on recent pullbacks
Citigroup recommends using the recent pullbacks in shares of Foot Locker (FL) and Finish Line (FL) as buying opportunities. The firm believes Nike's (NKE) market share gains should benefit both companies and said its channel checks indicated a modest pick-up in October traffic.
News For FL;FINL From The Last 14 Days
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September 26, 2014
13:48 EDTFINLFinish Line downgraded to Neutral from Buy at BofA/Merrill
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10:58 EDTFL, FINLFinish Line left out of sports footwear rally after earnings miss
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10:31 EDTFINL, FLNike runs higher after results, guidance beat expectations
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10:23 EDTFLFoot Locker trades up on the heels of strong Nike earnings
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09:12 EDTFINLFinish Line cites assortment 'blip' for Q2 performance
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09:03 EDTFINLOn The Fly: Pre-market Movers
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08:53 EDTFINLFinish Line says remains 'on-track' to achieve FY15 guidance
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07:12 EDTFINLFinish Line says Q2 results fell short due to basketball offering 'softness'
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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
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07:03 EDTFINLFinish Line trading halted, pending news
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06:22 EDTFLNike updated FY15 outlook 'surprisingly bullish,' says Citigroup
Citigroup says Nike (NKE) reported "impressive" Q1 results with a "surprisingly bullish" update to FY15 guidance on global momentum and gross margin gains. Citi raised its price target for shares to $93 from $92 and reiterates a Buy rating on the name. The firm views the results as a positive read-through for Foot Locker (FL).
September 25, 2014
15:29 EDTFINLNotable companies reporting before tomorrow's open
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11:22 EDTFINLSkechers rebounds after refuting Barrington research report
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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
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05:40 EDTFINLFinish Line downgraded to Equal Weight from Overweight at Morgan Stanley
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September 18, 2014
09:22 EDTFLBack to school season healthy for footwear, says Sterne Agee
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07:36 EDTFLFoot Locker management to meet with UBS
Meeting to be held in Dublin, Ireland on September 18 hosted by UBS.
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