New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 10, 2014
04:55 EDTFTR, FTR, FTR, CCOI, CCOI, CCOI, FRP, FRP, FRP, RRD, RRD, RRD, CBB, CBB, CBB, CNSL, CNSL, CNSL, GTIV, GTIV, GTIV, STX, STX, STX, BIOS, BIOS, BIOS, MSCC, MSCC, MSCCMorgan Stanley to hold a conference
Morgan Stanley Finance Leveraged Conference to be held New Orleans on June 10-12.
News For FTR;BIOS;STX;GTIV;CNSL;CBB;RRD;FRP;CCOI;MSCC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 22, 2015
08:16 EDTCCOISeveral companies to benefit from hybrid cloud growth, says Pacific Crest
Subscribe for More Information
08:00 EDTCCOIInfrastructure companies to benefit from OTT growth, says Oppenheimer
Subscribe for More Information
April 20, 2015
17:32 EDTFTRFrontier Communications files automatic mixed securities shelf
Subscribe for More Information
13:41 EDTFTREarnings Watch: Verizon shares up marginally since Q4 results
Verizon Communications (VZ) is expected to report first quarter earnings before the market open on Tuesday, April 21, with a conference call scheduled for 8:30 am ET. Verizon is a holding company providing communications, information and entertainment. EXPECTATIONS: Analysts are looking for earnings per share of 95c on revenue of $32.27B, according to First Call. The consensus range for EPS is 89c-$1.00 on revenue of $31.74B-$32.97B. LAST QUARTER: Verizon reported fourth quarter adjusted EPS of 71c against estimates for 72c on revenue of $33.19B against estimates for $32.69B. For Q4 in Wireless, the company reported 2.1M net retail connections; 2.0M net retail postpaid connections, including net additions of 672,000 postpaid phones; retail postpaid churn of 1.14%; 108.2M total retail connections and 102.1M total retail postpaid connections. In Wireline, it reported 4.1% year-over-year quarterly increase in consumer revenues. Verizon reported Q4 retail postpaid ARPA, or average revenue per account, increased 1.0% over Q4 of 2013 to $158.82 per month, and 3.9% over the full year. Verizon reported Q4 FiOS consumer revenue growth of 11.1%; 6.6M FiOS Internet subscribers, with 145K net additions; 5.6M FiOS Video subscribers, with 116K net additions. For 2015, Verizon expects consolidated revenue growth of at least 4%. It sees sustained profitability with a consolidated adjusted EBITDA margin at a level consistent with full-year 2014 performance. It also expects strong free cash flow generation with consolidated capital spending of $17.5B-$18.0B. On February 5, Frontier Communications (FTR) announced a definitive agreement with Verizon under which Frontier will acquire Verizon’s wireline operations that provide services to residential, commercial and wholesale customers in California, Florida and Texas, for $10.54B in cash. On the same day, Verizon announced a $5B accelerated share-repurchase program and agreed to lease the rights to over 11,300 of its company-owned wireless towers to American Tower (AMT), which will also purchase approximately 165 Verizon towers, for a total upfront payment of approximately $5B. American Tower will have exclusive rights to lease and operate over 11,300 Verizon cell towers, a significant majority of the towers the company currently owns. In addition, Verizon will sell approximately 165 towers outright. On March 10 at the Deutsche Bank Media, Internet & Telecom Conference, CFO Fran Shammo said there was “not much change” in the competitive environment since Q4-end, Q1 volume should return to "more normal levels," and Q1 churn is likely to be elevated from year ago, but not "something that is going to be concerning." PRICE ACTION: Verizon’s shares are up marginally since the company's Q4 report. Over the past twelve months, they are up about 3.3%. In afternoon trading ahead of Tuesday's Q1 report, Verizon’s shares are up 0.5%.
10:11 EDTSTXOptions with decreasing implied volatility
Options with decreasing implied volatility: BPT WETF NFLX BMRN SNDK STX TSM MAT FAST INTC
08:25 EDTCCOIData centers,connectivity firms should be owned into results, says Pacific Crest
Subscribe for More Information
07:38 EDTSTXBrean Capital still sees Seagate as a favorite secular long
Subscribe for More Information
April 17, 2015
10:14 EDTSTXOptions with decreasing implied volatility
Subscribe for More Information
09:26 EDTSTXSeagate sees Q4 revenue $3.2B-$3.3B, consensus $3.4B
Sees Q4 addressable market to be relatively flat with Q3. Sees Q4 margins approximately 28.5%. Sees Q4 operating expenses at $555M. CEO Stephen Luczo stated that the second half of FY15 will be stronger than the first half, with demand coming from the PC market, seasonal gaming demand, and continued stability in the enterprise market with potential upside from hyper scale deployments. Guidance provided during Q4 earnings conference call.
08:04 EDTSTXSeagate reports Q3 EPS adjusted $1.08, consensus $1.04
Reports Q3 revenue $3.3B, consensus $3.4B. “In light of dynamic market conditions this quarter we are quite satisfied with our operational performance and ability to return value to shareholders,” said Steve Luczo, Seagate’s chairman and CEO. “Near-term macro uncertainty is affecting certain areas of our addressable market however we remain optimistic that market demand for exabytes of storage will continue to increase over the long-term. Looking ahead, we are focused on aligning our storage technology portfolio effectively to capitalize on market growth opportunities, demonstrating operating profitability and returning value to shareholders.”
April 16, 2015
15:44 EDTSTXSeagate April 56 straddle priced for 4.7% movement into Q3
Subscribe for More Information
15:23 EDTSTXNotable companies reporting before tomorrow's open
Subscribe for More Information
15:20 EDTSTXSeagate technical notes before earnings
The stock on a long-term basis, 5-year chart, has broken its uptrend support line at the 50-week moving average. If the news is more bullish than expected, that moving average could come into play as resistance. That would put the first significant upside test at $59.24. Resistance above that would be at $63.39. If the news is more bearish than expected, the first significant area of support would be at $51.05, a recent pivot low. The $50 level has been important support through the prior year. A breakdown before that level would therefore be particularly bearish. Next support below $50 would be at $48.49, the 52-week low.
14:25 EDTCCOICogent rated a long-term Sell earlier at Off Wall Street
Subscribe for More Information
06:31 EDTSTXSeagate assumed with a Neutral at JPMorgan
Subscribe for More Information
April 15, 2015
10:00 EDTSTXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:07 EDTSTXSeagate initiated with a Buy at Maxim
Subscribe for More Information
April 14, 2015
10:01 EDTMSCCOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AB InBev (BUD) initiated with a Neutral at Susquehanna... AMC Networks (AMCX) initiated with an Overweight at Piper Jaffray... Avery Dennison (AVY) initiated with a Hold at BB&T... Boston Beer (SAM) initiated with a Neutral at Susquehanna... Brocade (BRCD) initiated with a Neutral at Wedbush... Bunge (BG) initiated with an Overweight at Stephens... CIRCOR (CIR) initiated with a Speculative Buy at Global Hunter... Cabot Microelectronics (CCMP) initiated with a Buy at BB&T... Canadian Natural (CNQ) initiated with a Buy at GMP Securities... Cenovus Energy (CVE) initiated with a Hold at GMP Securities... China Distance Education (DL) initiated with a Buy at Brean Capital... Coca-Cola Enterprises (CCE) initiated with a Negative at Susquehanna... Coca-Cola (KO) initiated with a Negative at Susquehanna... Constellation Brands (STZ) initiated with a Neutral at Susquehanna... Discover (DFS) initiated with an Outperform at Wells Fargo... Dr Pepper Snapple (DPS) initiated with a Neutral at Susquehanna... Flex Pharma (FLKS) initiated with a Buy at H.C. Wainwright... Flowserve (FLS) initiated with a Neutral at Global Hunter... Goldman Sachs BDC (GSBD) initiated with a Neutral at BofA/Merrill... ITT Corp. (ITT) initiated with an Accumulate at Global Hunter... Intra-Cellular (ITCI) initiated with an Outperform at RBC Capital... Keurig Green Mountain (GMCR) initiated with a Positive at Susquehanna... Microsemi (MSCC) initiated with a Buy at Topeka... Molson Coors (TAP) initiated with a Positive at Susquehanna... Monster Beverage (MNST) initiated with a Neutral at Susquehanna... New Oriental Education (EDU) initiated with a Hold at Brean Capital... OM Group (OMG) initiated with a Buy at BB&T... Pattern Energy (PEGI) initiated with a Buy at Citigroup... Pentair (PNR) initiated with a Neutral at Global Hunter... PepsiCo (PEP) initiated with a Positive at Susquehanna... Ply Gem (PGEM) initiated with an Overweight at KeyBanc... SodaStream (SODA) initiated with a Positive at Susquehanna... Splunk (SPLK) initiated with an Outperform at Baird... SteadyMed (STDY) initiated with an Outperform at JMP Securities... Suncor (SU) initiated with a Hold at GMP Securities... SuperCom (SPCB) initiated with a Buy at B. Riley... TAL Education (XRS) initiated with a Buy at Brean Capital... Tarena (TEDU) initiated with a Buy at Brean Capital... Ulta Salon (ULTA) initiated with a Buy at Evercore ISI... Versartis (VSAR) initiated with a Buy, $50 target at SunTrust... WisdomTree (WETF) initiated with a Market Perform at Keefe Bruyette... uniQure (QURE) initiated with a Buy at Roth Capital.
10:01 EDTSTXOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:25 EDTSTXSeagate upgraded to Neutral from Underperform at BofA/Merrill
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use