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Stock Market & Financial Investment News

News Breaks
February 26, 2014
09:23 EDTAVGO, FNSRFinisar has positive read through from Avago results, says Stifel
Stifel believes that Avago's (AVGO) positive commentary on its wired infrastructure segment bodes well for fFnisar's (FNSR) datacom segment. The firm thinks Avago's results will reduce fears that Finisar's April quarter outlook could be weak. It keeps a Buy rating on Finisar.
News For FNSR;AVGO From The Last 14 Days
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August 31, 2015
09:07 EDTAVGOB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout the Silicon Valley visiting various local tech companies on August 31-September 3.
August 28, 2015
10:26 EDTAVGOOptions with decreasing implied volatility
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August 27, 2015
09:26 EDTAVGOOn The Fly: Pre-market Movers
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08:23 EDTAVGOAvago story remains compelling following results, says Brean Capital
Brean Capital said the Avago story remains compelling after the company reported a solid Q2 beat after competitors gave cautious commentary. Brean Capital reiterated its Buy rating on shares, citing valuation, expectations for better operating expenses, and a "world class" diversified semiconductor portfolio, but lowered its price target to $170 from $180 on Avago.
August 26, 2015
20:03 EDTAVGOOn The Fly: After Hours Movers
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17:24 EDTAVGOAvago says FBAR capacity may remain pressured for 'extended' time period
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16:07 EDTAVGOAvago sees Q4 GAAP revenue $1.84B plus or minus $25M, consensus $1.86B
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16:06 EDTAVGOAvago reports Q3 EPS $2.24, consensus $2.14
Reports Q3 revenue $1.74B, consensus $1.74B.
15:00 EDTAVGONotable companies reporting after market close
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August 25, 2015
09:59 EDTAVGOOn The Fly: Analyst Upgrade Summary
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07:30 EDTAVGO, AVGOAvago upgraded to Buy from Outperform at CLSA
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August 24, 2015
09:45 EDTAVGOOn The Fly: Analyst Downgrade Summary
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09:27 EDTAVGOAvago downgraded to Sell from Hold at Drexel Hamilton
Drexel Hamilton downgraded Avago (AVGO) to Sell and reduced its price target to $95 from $125. The firm said Broadcom (BRCM) acquisition will require large amounts of debt and financing will be difficult given the situation in the capital markets.
06:22 EDTAVGOTSMC pursuing 16nm chip orders, DigiTimes reports
According to market sources, DigiTimes reports that TSMC (TSM) has been "actively" seeking 16nm FinFET chip orders. In addition to securing a portion of Apple's (AAPL) A9 chip orders, TSMC has also received orders from AMD (AMD), Broadcom (BRCM), LG, Nvidia (NVDA) and Avago (AVGO), the sources say, noting that TSMC failed to maintain orders for Qualcomm's (QCOM) flagship mobile chips, as it has placed orders for the Snapdragon 820 series with Samsung (SSNLF). Reference Link
August 18, 2015
10:00 EDTFNSROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Abercrombie & Fitch (ANF) initiated with an Underperform at Wolfe Research... Abiomed (ABMD) initiated with a Buy at CRT Capital... Aeropostale (ARO) initiated with a Peer Perform at Wolfe Research... American Eagle (AEO) initiated with an Outperform, Top Pick at Wolfe Research... American Electric (AEP) initiated with a Buy at Mizuho... Benefitfocus (BNFT) initiated with an Overweight at First Analysis... Blue Buffalo Pet Products (BUFF) initiated with an Equal Weight at Morgan Stanley... Capitala Finance (CPTA) initiated with an Equal Weight at Stephens... Chico's (CHS) initiated with a Peer Perform at Wolfe Research... Children's Place (PLCE) initiated with an Outperform at Wolfe Research... Chimerix (CMRX) initiated with an Outperform at FBR Capital... Ciena (CIEN) initiated with a Market Perform at Northland... Crane (CR) initiated with an Outperform at William Blair... Entergy (ETR) initiated with a Neutral at Mizuho... Express (EXPR) initiated with an Outperform, Top Pick at Wolfe Research... Finisar (FNSR) initiated with a Market Perform at Northland... Francesca's (FRAN) initiated with a Peer Perform at Wolfe Research... Gap (GPS) initiated with an Underperform at Wolfe Research... Infinera (INFN) initiated with an Outperform at Northland... International Game (IGT) initiated with a Buy at Union Gaming... Juno Therapeutics (JUNO) initiated with an Outperform at FBR Capital... L Brands (LB) initiated with a Peer Perform at Wolfe Research... Luca Technologies (LUCA) initiated with an Outperform at Northland... Lumentum (LITE) initiated with an Outperform at Northland... M/A-COM (MTSI) reinstated with a Buy at Jefferies... MRV Communications (MRVC) initiated with an Outperform at Northland... Michael Kors (KORS) initiated with a Peer Perform at Wolfe Research... NN, Inc. (NNBR) initiated with a Buy at Stifel... NeoPhotonics (NPTN) initiated with an Outperform at Northland... Oclaro (OCLR) initiated with an Outperform at Northland... Scientific Games (SGMS) initiated with a Buy at Sterne Agee CRT... SolarCity (SCTY) initiated with a Neutral at UBS... Summit Materials (SUM) initiated with a Neutral at Citi... Tech Data (TECD) initiated with an Underperform at BofA/Merrill... Urban Outfitters (URBN) initiated with a Peer Perform at Wolfe Research... Zumiez (ZUMZ) initiated with an Underperform at Wolfe Research... lululemon (LULU) initiated with a Peer Perform at Wolfe Research.
06:14 EDTFNSRFinisar initiated with a Market Perform at Northland
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