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Stock Market & Financial Investment News

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April 7, 2014
04:55 EDTFLDM, FLDM, FLDM, VNTV, VNTV, VNTV, ACXM, ACXM, ACXM, BIO, BIO, BIO, CTRX, CTRX, CTRX, MCO, MCO, MCO, LLNW, LLNW, LLNW, CA, CA, CA, CIEN, CIEN, CIEN, CSOD, CSOD, CSOD, FORR, FORR, FORR, MKTO, MKTO, MKTOMarketo to hold a summit
Marketo Marketing Nation Summit 2014 is being held in San Francisco on April 7-9.
News For FLDM;FORR;CSOD;CIEN;CA;LLNW;MCO;CTRX;BIO;ACXM;VNTV;MKTO From The Last 14 Days
Check below for free stories on FLDM;FORR;CSOD;CIEN;CA;LLNW;MCO;CTRX;BIO;ACXM;VNTV;MKTO the last two weeks.
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August 15, 2014
07:19 EDTMCOSEC near finalizing new tougher rules for credit raters, WSJ says
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August 14, 2014
15:17 EDTCTRXCatamaran management to meet with SunTrust
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11:40 EDTCIENCiena call activity attributed to takeover speculation
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11:11 EDTCIENRumor: Ciena strength attributed to takeover speculation
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August 13, 2014
11:27 EDTCIENJDSU falls after outlook disappoints, analyst downgrades
Shares of JDSU (JDSU), a provider of equipment to telecommunications service providers, are sharply lower after the company's fourth quarter results and first quarter guidance were reported last night. Following the report, the stock was downgraded this morning at two Street research firms. WHAT'S NEW: Last night, JDSU reported fourth quarter adjusted earnings of 14c per share, beating the consensus forecast by 1c, on revenue of $448.6M, which topped the consensus $436.8M view. However, JDSU expects revenue to be $405M-$425M in its first quarter and sees Q1 EPS of 8c-12c, which fell short of consensus of about $441M and 14c, respectively. JDSU's President and CEO Tom Waechter said, "Looking ahead to fiscal 2015, we believe there are strong market drivers across our three business segments, and that we are well positioned with differentiated products and solutions to support our customers as they transition to Software Defined Networks, Network Function Virtualization and more dependency on cloud infrastructure. We continue to lead in our core network and anti-counterfeiting markets and I am pleased with the momentum we are building in our commercial lasers business on the strength of our highly differentiated fiber laser product line." ANALYST OPINION: Following the company's report, B. Riley analyst Dave Kang cut his rating on JDSU shares to Neutral from a Buy rating, citing near-term uncertainties in the North American telecom market. Kang pointed to two events contributing to that uncertainty, namely an architectural shift to SDN, or Software Defined Networking, and AT&T's (T) planned merger with DirecTV (DTV). The analyst acknowledged previously underestimating the potential impact of the SDN shift on the telecom equipment industry and noted that appears to be impacting JDSU's NSE business more than its optical component unit. Kang prefers Finisar (FNSR) over JDSU given the current environment, noting that about 70% of Finisar's sales come from the datacom sector. Kang lowered his price target on JDS Uniphase shares to $11.75 from $15.50. Piper Jaffray analyst Troy Jensen also downgraded JDSU following its report, lowering his rating on the stock to Neutral from Overweight. Jensen also said the company's worse than expected guidance indicates softer Telco spending and he believes JDSU will have trouble showing significant revenue acceleration even if the optical upgrade cycle starts to ramp up. Piper lowered its price target on the stock to $12 from $14. OTHERS TO WATCH: Other providers of telecom equipment include Ciena (CIEN) and Infinera (INFN). PRICE ACTION: In morning trading, shares of JDSU fell $1.12, or 9.4%, to $10.78. Meanwhile, shares of Finisar were down nearly 2% to $19.58, Ciena slipped 1.5% to $18.92 and Infinera was fractionally higher at $9.09.
August 12, 2014
15:53 EDTMKTOCanaccord to hold a conference
34th Annual Growth Conference to be held in Boston on August 13-14.
August 11, 2014
15:23 EDTMCOJPMorgan to hold a conference
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10:19 EDTCTRXOn The Fly: Analyst Initiation Summary
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08:11 EDTCTRXCatamaran initiated with an Outperform at FBR Capital
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06:58 EDTMCOUBS to hold a conference
UBS Financials 1:1 Conference to be held in Chicago on August 11.
August 7, 2014
07:19 EDTCACA, Inc CEO says has 'flexibility' to do deals, Reuters reports
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07:04 EDTCSODCornerstone OnDemand coverage transferred with a Buy at B. Riley
Target $46.
August 6, 2014
18:34 EDTCSODCornerstone maintains FY14 EPS guidance (24c), consensus (24c)
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18:32 EDTCSODCornerstone maintains FY14 GAAP revenue guidance $267.5M-$270.5M
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18:31 EDTCSODCornerstone sees Q3 GAAP revenue $67M-$69M, consensus $69.7M
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16:23 EDTCSODCornerstone OnDemand reports Q2 EPS (11c), consensus (8c)
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11:36 EDTACXMAcxiom signs global agreement with ACE Group
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