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Stock Market & Financial Investment News

News Breaks
June 12, 2014
15:12 EDTCPST, LUB, FNSR, CFINotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Finisar (FNSR), consensus 38c; Capstone Turbine (CPST), consensus (1c); Culp (CFI), consensus 29c; Luby's (LUB), one estimate 3c.
News For FNSR;CPST;CFI;LUB From The Last 14 Days
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December 17, 2014
17:04 EDTLUBLuby's reports Q1 Combo locations SSS up 2.4%
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17:01 EDTLUBLuby's reports Q1 SSS down 0.1%
16:46 EDTLUBLuby's sees positive Fuddruckers SSS in FY15
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16:39 EDTLUBLuby's reports Q1 EPS ex-items (7c), one estimate (6c)
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December 15, 2014
08:40 EDTCPSTCapstone Turbine up 11.3% after securing Mexican pipeline project
08:40 EDTCPSTCapstone Turbine secures order from Mexican pipeline project
Capstone Turbine announced that it received an order for six C800 microturbines and sixteen C30 microturbines for the second phase of the Los Ramones pipeline project in Eastern Mexico. Industrias Energetícas, Capstone's distributor in Mexico, secured the order, which is one of the largest in Capstone's history. The pipeline project is a part of the Mexican Energy Reform, which was established as a way to reduce electricity and gas prices in the country over a span of two years. The Energy Reform will also expedite natural gas production, from 5,700 million cubic feet a day, or Mcf/d, in 2013 to 8,000 Mcf/d in 2018 and 10,400 Mcf/d in 2025. The entire project will cost $2.5B and carry natural gas over a distance of 1,021 kilometers, supplying one-third of Mexico's natural gas needs at a much lower cost than that which is currently being shipped in liquefied form from the Middle East, Africa and South America. Six C800 high-pressure natural gas microturbines will be installed at two compression stations of the pipeline project and sixteen C30 microturbines at metering stations in between. The microturbine systems will all operate in stand-alone mode, acting as the primary source of power at each location.
December 11, 2014
10:24 EDTFNSROptions with decreasing implied volatility
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December 10, 2014
10:20 EDTFNSROptions with decreasing implied volatility
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December 9, 2014
14:57 EDTFNSRTelecom equipment stocks rally after Verizon CFO comments on wireless CapEx
Telecom equipment stocks, which opened lower, rallied after Verizon (VZ) CFO Fran Shammo said he sees wireless CapEx continuing to trend upward. Shammo, speaking at the UBS 42nd Annual Global Media And Communications Conference, said, "The day we start to cut wireless CapEx is the day we start to wonder where the future of this industry is going." Ciena (CIEN), JDSU (JDSU), and Finisar (FNSR) all reversed earlier losses. PRICE ACTION: In afternoon trading, Ciena is up 1.5%, JDS Uniphase is up 3.8%, and Finisar is up 4.5%. Verizon, which was downgraded this morning to Neutral from Buy by RW Baird, is trading down almost 5%.
December 8, 2014
10:20 EDTFNSROptions with decreasing implied volatility
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08:31 EDTCPSTCapstone Turbine secures 3MW order to upgrade glasshouse in South Australia
Capstone Turbine announced that it received an order from Optimal Group for three C1000 microturbines to upgrade D'VineRipe's 27 hectare glasshouse located at Two Wells in South Australia. Optimal Group, Capstone's Australian distributor, secured the order, which is expected to be installed and commissioned in April 2015. Earlier this year, Capstone received an order from Optimal Group for fifty C65 microturbines with integrated heat exchangers for the launch of its microturbine based rental fleet. The D'VineRipe glasshouse project will increase the total amount of Capstone microturbine power in Australia to 18MW.
December 5, 2014
11:52 EDTCFICulp management to meet with Sidoti
Meeting to be held in the Mid-Atlantic area on December 8 hosted by Sidoti.
11:24 EDTFNSRFinisar management to meet with B. Riley
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10:40 EDTFNSROptions with decreasing implied volatility
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08:22 EDTCFICulp price target raised to $26 from $21 at Stifel
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05:51 EDTFNSRFinisar weakness a buying opportunity, says Piper Jaffray
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