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Stock Market & Financial Investment News

News Breaks
August 25, 2014
10:00 EDTFL, RGDO, ITMN, THOR, HNI, SNP, STLDOn 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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June 26, 2015
12:00 EDTFLFinish Line rises after Q1 results beat expectations
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June 24, 2015
17:18 EDTFLChamps Sports, Under Armour launch premium store-within-store concept
Champs Sports, a member of the Foot Locker (FL) family, is collaborating with Under Armour (UA) to launch The ARMOURY at Champs Sports. This is the first-of-its-kind, premium store-within-a-store and will open later this month at the Champs Sports store in The Mall in Columbia in Columbia, MD.
June 23, 2015
09:42 EDTSNPSinopec upgraded to Outperform from Neutral at Macquarie
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June 22, 2015
12:33 EDTSTLDSteel stocks lag market after AK Steel sees Q2 results hindered by imports
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10:36 EDTFLFoot Locker management to meet with FBN Securities
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07:32 EDTSTLDSteel Dynamics sees Q2 steel ops profitability to be similar to Q1
Improved second quarter 2015 shipments will be offset by unexpected metal margin compression, driven by steel imports remaining much higher than originally anticipated, resulting in average quarterly steel prices decreasing more than average quarterly scrap prices. The benefit of reduced scrap pricing was realized in the second quarter; but, the continued flood of steel imports thus far in 2015 continued to pressure steel product pricing to a greater degree. However, steel pricing has recently begun to stabilize and domestic steel demand remains solid. Continued demand for the company's fabricated steel joist and decking products indicates the non-residential construction market is continuing a positive trend. Second quarter 2015 profitability from the company's fabrication operations is expected to be higher than near-record sequential first quarter 2015 results. Metals recycling financial results are also expected to be higher for the second quarter 2015, compared to the sequential first quarter, based on both increased shipments and metal margin, as pricing volatility subsided.
07:31 EDTSTLDSteel Dynamics sees Q2 adjusted EPS 20c-24c, consensus 24c
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June 18, 2015
07:51 EDTSTLDSteel Dynamics reiterated as a top pick in steel sector at Cowen
Cowen reiterated Steel Dynamics as a top pick in the steel sector, citing the potential for efficiency improvements in its Columbus mill, strong demand and the falling rate of imports. Cowen reiterated its Outperform rating and $27 price target on Steel Dynamics shares.

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