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Stock Market & Financial Investment News

News Breaks
April 2, 2014
10:43 EDTGALT, CYTK, EXAS, CONN, RHOptions with decreasing implied volatility: GALT CYTK EXAS CONN RH
News For GALT;CYTK;EXAS;CONN;RH From The Last 14 Days
Check below for free stories on GALT;CYTK;EXAS;CONN;RH the last two weeks.
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July 22, 2014
14:39 EDTEXASExact Sciences Cologuard to be approved in August or September, says Mizuho
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10:46 EDTGALTHigh option volume stocks: SBAC KS EDU PII GALT EJ AXL TSEM HLF BCOR
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08:44 EDTGALTGalectin Therapeutics announces first patient dosed in GR-MD-02 Phase 1B trial
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07:37 EDTEXASExact Sciences reports Q2 EPS (24c), consensus (25c)
Exact reported total revenues of $0.0 million for the second quarter of 2014, compared to $1.0 million for the second quarter of 2013.
07:08 EDTEXASLife Sciences highlights this week at Canaccord
Canaccord highlighted six diagnostic names that report this week and recommends buying Top Pick IDEXX (IDXX) into the print given strong recurring razor/razorblade sales and consistent organic growth. The analyst expects Hold rated Quest Diagnostics (DGX) to report upside to Street estimates of $1.06/$1.882B, Quidel (QDEL) to have an uneventful report, Exact Sciences (EXAS) to provide an update on numerous catalysts near-term and Abaxis (ABAX) to report earnings below consensus. Lastly, the firm is cautious on Meridian Bioscience (VIVO) following a competitor report last week.
July 21, 2014
10:02 EDTRHOn The Fly: Analyst Downgrade Summary
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09:16 EDTRHRestoration Hardware downgraded at BB&T
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09:01 EDTRHRestoration Hardware downgraded to Hold from Buy at BB&T
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July 16, 2014
17:24 EDTRHRestoration Hardware initiated with a Buy at Nomura
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06:37 EDTCONNConn's recent sell-off a buying opprotunity, says Piper Jaffray
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July 15, 2014
11:34 EDTCONNAaron's falls after cutting second quarter outlook
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08:16 EDTCONNConn's management to meet with Oppenheimer
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July 11, 2014
11:19 EDTCONNRent-A-Center plummets after Q2 profit warning
Shares of rent-to-own operator Rent-A-Center (RCII) are sinking after the company’s second quarter profit outlook significantly trailed analysts’ consensus estimates. WHAT'S NEW: Last night, Rent-A-Center forecast Q2 adjusted earnings per share of 36c-38c and revenue of $773M, far short of the consensus views of 48c and $786.4M, respectively. The company’s CEO Robert Davis said, “Macro-economic pressures continue to burden our financially constrained customers contributing to softer than expected demand in our U.S. business segments. Consequently, revenue and earnings for Q2 will not meet expectations. We are not satisfied with our Q2 results and hold ourselves accountable for improving our performance. To that end, we are excited to announce a new product line in our domestic retail stores with our entrance into the burgeoning smartphone business.” WHAT’S NOTABLE: The company’s smartphone rollout offers consumers nationwide one-stop shopping for a variety of name-brand smartphones and no-contract plans, a rent-to-own industry first, the company said. PRICE ACTION: In late morning trading, Rent-A-Center fell $3.22, or about 11%, to $25.86 on more than twice its average daily trading volume. Including today’s pull back, the stock has lost approximately 36% over the past twelve months. OTHERS TO WATCH: Other companies that provide leasing and rent-to-own arrangements of consumer products include Aaron’s (AAN), which is down 3.3%, and CONN’S (CONN), which is down 3.5%.
July 10, 2014
07:37 EDTCYTKCytokinetics announces additional results relating to Tirasemtiv
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July 9, 2014
12:38 EDTRHContainer Store issues appear company specific, says Wells Fargo
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