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Stock Market & Financial Investment News

News Breaks
August 25, 2014
10:00 EDTTHOR, HNI, SNP, STLD, FL, RGDO, ITMNOn The Fly: Analyst Downgrade Summary
Foot Locker (FL) downgraded to Neutral from Overweight at Piper Jaffray... HNI Corporation (HNI) downgraded to Market Perform from Outperform at Raymond James... InterMune (ITMN) downgraded to Hold from Buy at Stifel... Steel Dynamics (STLD) downgraded to Neutral from Outperform at Credit Suisse... Thoratec (THOR) downgraded to Neutral from Overweight at Piper Jaffray... Regado Biosciences (RGDO) downgraded to Hold from Buy at Deutsche Bank... Sinopec (SNP) downgraded to Neutral from Buy at Citigroup.
News For FL;HNI;ITMN;STLD;THOR;RGDO;SNP From The Last 14 Days
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May 22, 2015
10:41 EDTFLFoot Locker nearing unchanged after trading higher post-earnings
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09:25 EDTFLOn The Fly: Pre-market Movers
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09:19 EDTFLFoot Locker sees mid single-digit SSS gain in Q2
Foot Locker said it has been planning a mid single-digit comp gain in Q2 and that it is off to a "very solid start" with a double-digit month to date comparable sales gain in May. There are some launches coming up that will likely impact that month to date comp rate, the company noted. Q2 being a relatively low sales volume quarter will likely make it the quarter most negatively impacted by the stronger dollar, the company added.
09:17 EDTFLFoot Locker sees double-digit EPS growth in FY15, consensus $3.93
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09:10 EDTFLFoot Locker says March SSS up low double digits, April SSS up mid-single digit
Easter at the beginning of April benefited March sales, which were up low double digits, while April's comp gain was back to mid-single digits, Foot Locker stated on its Q1 earnings conference call.
07:07 EDTFLFoot Locker opened 37 stores and closed 41 stores in Q1
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07:06 EDTFLFoot Locker reports Q1 comparable store sales up 7.8%
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07:06 EDTFLFoot Locker reports Q1 EPS $1.29, consensus $1.23
Reports Q1 revenue $1.92B, consensus $1.91B.
May 21, 2015
15:01 EDTFLNotable companies reporting before tomorrow's open
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12:21 EDTFLFoot Locker volatility elevated into Q1 and outlook
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11:16 EDTSTLDSteel Dynamics announces planned paint line and Galvalume capability expansion
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May 20, 2015
17:48 EDTFLFoot Locker appoints Nicholas DiPaolo as non-executive chairman
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08:42 EDTFLGoldman says to buy Deckers Outdoor, sell Foot Locker
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May 18, 2015
08:48 EDTFLUBS sees multiple sources of upside for Foot Locker
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May 8, 2015
10:01 EDTHNIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aerie Pharmaceuticals (AERI) upgraded to Buy from Hold at Cantor... Alcatel-Lucent (ALU) upgraded to Buy from Hold at Societe Generale... Alibaba (BABA) upgraded to Buy from Neutral at Goldman... CME Group (CME) upgraded to Buy from Hold at Evercore ISI... Choice Hotels (CHH) upgraded to Buy from Underperform at BofA/Merrill... Coach (COH) upgraded to Buy from Hold at HSBC... Commerzbank (CRZBY) upgraded to Buy from Hold at Deutsche Bank... Consolidated Communications (CNSL) upgraded to Buy from Hold at Drexel Hamilton... Cutera (CUTR) upgraded to Overweight from Neutral at Piper Jaffray... EarthLink (ELNK) upgraded to Hold from Underperform at Jefferies... Enable Midstream (ENBL) upgraded to Outperform from Neutral at Credit Suisse... Ericsson (ERIC) upgraded to Buy from Neutral at UBS... Essex Property Trust (ESS) upgraded to Outperform from Neutral at Baird... Forest City (FCE.A) upgraded to Buy from Neutral at Citigroup... General Growth (GGP) upgraded on operational, growth outlook at RBC Capital... Globe Specialty Metals (GSM) upgraded to Overweight from Neutral at JPMorgan... HNI Corporation (HNI) upgraded to Outperform from Market Perform at Raymond James... Invesco Mortgage (IVR) upgraded to Outperform from Market Perform at Keefe Bruyette... Lennar (LEN) upgraded to Overweight from Equal Weight at Barclays... Marathon Oil (MRO) upgraded to Outperform from Market Perform at Wells Fargo... Mercer (MERC) upgraded to Outperform from Neutral at Macquarie... Nokia (NOK) upgraded to Buy from Neutral at UBS... Nuance (NUAN) upgraded to Buy from Hold at Craig-Hallum... Pattern Energy (PEGI) upgraded to Buy from Hold at Desjardins... PennantPark (PNNT) upgraded to Outperform from Market Perform at FBR Capital... Philip Morris (PM) upgraded to Neutral from Sell at Goldman... Rayonier (RYN) upgraded to Buy from Neutral at DA Davidson... Rosetta Resources (ROSE) upgraded to Hold from Reduce at KLR Group... Telekom Indonesia (TLK) upgraded to Buy from Neutral at Citigroup... Wisconsin Energy (WEC) upgraded to Hold from Sell at Evercore ISI.
07:40 EDTHNIHNI Corporation upgraded to Outperform on valuation Raymond James
As previously reported, Raymond James upgraded HNI Corporation to Outperform from Market Perform and established a $54 price target. The firm upgraded HNI due to the pullback in shares following the Q1 miss citing solid organic office segment revenues and a favorable industry backdrop.
06:22 EDTHNIHNI Corporation upgraded to Outperform from Market Perform at Raymond James

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