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Stock Market & Financial Investment News

News Breaks
January 14, 2014
05:43 EDTFLSFlowserve upgraded to Buy from Hold at Jefferies
Jefferies upgraded Flowserve and other names in the industrial space on expectations orders will improve in the first half of 2014. The firm raised its price target for shares to $93 from $72.
News For FLS From The Last 14 Days
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October 24, 2014
09:18 EDTFLSOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Microsoft (MSFT), up 4.3%... KLA-Tencor (KLAC), up 8.8%... Rubicon Project (RUBI), up 17.8%... Gigamon (GIMO), up 16%. ALSO HIGHER: Procter & Gamble (PG), up 2.7% after earning report, announcing plans to exit Duracell business by creating a stand-alone Duracell company... Vitae Pharmaceuticals (VTAE), up 40% following its report of top-line results from two Phase 1 clinical trials... Digital River (DRIV), up 47% after agreeing to be acquired by investor group for $26.00 per share. LOWER: Amazon (AMZN), down 9.3%, downgraded at Cowen and Janney Capital following the company's Q3 report... DryShips (DRYS), down 26% after filing an automatic common stock shelf... NPS Pharmaceuticals (NPSP), down 4.4% following PDUFA date for Natpara extended three months to January 24... Abercrombie & Fitch (ANF), down 4% after downgraded at Goldman and BMO Capital. DOWN AFTER EARNINGS: Pandora (P), down 7%... Synaptics (SYNA), down 9.9%... Flowserve (FLS), down 5%... New Oriental Education (EDU), down 4%.
09:10 EDTFLSFlowserve likely pressured near-term by guidance cut, says Janney Capital
Janney Capital expects Flowserve shares to be pressured in the near-term by the company's lowering of its FY14 guidance. However, Janney said its positive view is intact after Flowserve's Q3 report, citing continued bookings growth and its high quality backlog, and maintains it Buy rating on shares.
October 23, 2014
16:27 EDTFLSFlowserve reports Q3 backlog $2.8B, up 10.4%, or 14.1% on constant currency
16:26 EDTFLSFlowserve narrows FY14 EPS view to $3.65-$3.85 from $3.65-$4.00, consensus $3.85
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16:24 EDTFLSFlowserve reports Q3 EPS 93c, consensus $1.00
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15:30 EDTFLSNotable companies reporting after market close
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October 20, 2014
15:30 EDTFLSNotable companies reporting after market close
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