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Stock Market & Financial Investment News

News Breaks
September 3, 2013
10:01 EDTSJR, PANW, GMCR, KO, ISRG, WSM, LF, DF, GIB, SCMP, COL, ESV, GLW, AAPLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CGI Group (GIB) downgraded to Sell from Hold at Deutsche Bank... Coca-Cola (KO) downgraded to Underperform from Outperform at CLSA... Corning (GLW) downgraded to Perform from Outperform at Oppenheimer... Dean Foods (DF) downgraded to Neutral from Buy at Goldman... Ensco (ESV) downgraded to Equal Weight from Overweight at Barclays... Green Mountain (GMCR) downgraded to Neutral from Buy at SunTrust... LeapFrog (LF) downgraded to Market Perform from Outperform at BMO Capital... Palo Alto (PANW) downgraded to Market Perform from Outperform at JMP Securities... Rockwell Collins (COL) downgraded to Market Perform from Outperform at Wells Fargo... Williams-Sonoma (WSM) downgraded to Hold from Buy at Canaccord... Shaw Communications (SJR) downgraded to Market Perform from Outperform at BMO Capital... Sucampo (SCMP) downgraded to Hold from Buy at Maxim... Apple (AAPL) downgraded to Sell from Hold at ABG Sundal... Intuitive Surgical (ISRG) downgraded to Underweight at First Analysis.
News For GIB;KO;GLW;DF;GMCR;ESV;LF;PANW;COL;WSM;SJR;SCMP;ISRG;AAPL From The Last 14 Days
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April 11, 2014
06:28 EDTAAPLApple: iOS, OSX not affected by Heartbleed flaw, Re/code reports
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06:05 EDTAAPLReport: Apple may offer high-res iTunes tracks in 2 months, Apple Insider says
Apple may plan to offer high-resolution 24-bit tracks on iTunes some time in the next few months, reports Apple Insider. Blogger Robert Hutton, citing an unnamed source, said Apple will charge an additional dollar for the high-resolution tracks. Reference Link
April 10, 2014
16:00 EDTAAPLOptions Update; April 10, 2014
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11:47 EDTWSMBed Bath & Beyond approaches 52-week low after profit forecast disappoints
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10:00 EDTAAPLOn The Fly: Analyst Initiation Summary
Apple (AAPL) initiated with a Buy at Deutsche Bank... Crocs (CROX) initiated with a Buy at Buckingham... Deckers Outdoor (DECK) initiated with a Buy at Buckingham... EMC (EMC) initiated with a Buy at Deutsche Bank... HP (HPQ) initiated with a Buy at Deutsche Bank... IBM (IBM) initiated with a Hold at Deutsche Bank... NeoPhotonics (NPTN) coverage resumed with a Market Perform at Raymond James... NetApp (NTAP) initiated with a Hold at Deutsche Bank... Nutrisystem (NTRI) initiated with a Buy at B. Riley... Questar (STR) initiated with an Underperform at BofA/Merrill... S&T Bancorp (STBA) initiated with an Outperform at Raymond James... STB Systems Inc (STBI) initiated with an Outperform at Raymond James... Skechers (SKX) initiated with an Underperform at Buckingham... Steven Madden (SHOO) initiated with a Buy at Buckingham... UGI Corporation (UGI) initiated with a Buy at BofA/Merrill... Web.com (WWWW) initiated with a Neutral at Buckingham... Ally Financial (ALLY) initiated with a Buy at BTIG... Visteon (VC) initiated with a Buy at Citigroup... Greatbatch (GB) initiated with a Buy at KeyBanc... Steris (STE) initiated with a Buy at KeyBanc... Cooper Companies (COO) initiated with a Hold at KeyBanc... Hill-Rom (HRC) initiated with a Hold at KeyBanc... Invacare (IVC) initiated with a Hold at KeyBanc... Teleflex (TFX) initiated with a Hold at KeyBanc... Provident Financial (PROV) initiated with a Market Perform at Keefe Bruyette... UMH Properties (UMH) initiated with a Hold at Wunderlich.
10:00 EDTPANWOn The Fly: Analyst Upgrade Summary
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09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open according to Track Data: SIRI RAD AAPL AMZN AA FB TSLA MRK CVX C
09:02 EDTPANWPalo Alto completes acquisition of Cyvera for $200M
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08:57 EDTPANWImperva should be bought after negative preannouncement, says Pacific Crest
After Impreva preannounced lower than expected Q1 revenue, Pacific Crest blamed the miss on a lack of sales execution and lengthening sales cycles. However, the firm is still upbeat on Imperva's outlook, as it expects demand for security products to increase. Pacific Crest reduced its price target on Imperva to $48 from $62. It recommends buying other IT security names, including Palo Alto (PANW) and Proofpoint (PFPT), on weakness in the wake of Imperva's guidance. The firm keeps Outperform ratings on all the stocks named.
08:45 EDTPANWPalo Alto upgraded at JMP Securities
As noted earlier, JMP Securities upgraded Palo Alto (PANW) to Outperform from Market Perform. The firm expects the company to benefit from the strength of its Advanced Persistent Threat service and strong demand for next generation firewall technology. JMP Securities also believes that the company's sales are tracking at least in-line with expectations this quarter, and is more confident that it will prevail in its court battle with Juniper (JNPR). Target $80.
08:22 EDTAAPLApple seen offering iWatches priced as high as 'thousands,' AppleInsider says
KGI analyst Ming-Chi Kuo, who has a proven track record of predicting about Apple hardware, predicts that one of the major differences between Apple's smartwatch and those from rivals will be that its casing and band will come in a variety of materials and that luxury iWatches will carry a price tag of "several thousand dollars," reported AppleInsider. Other features expected by Kuo for the device, including biometrics, a flexible AMOLED display with sapphire cover lens and NFC, the report added. Reference Link
08:12 EDTSJRShaw Communications backs FY14 guidance
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08:09 EDTISRGSurgeons positive on new Intuitive Surgical robot, says JPMorgan
JPMorgan said its survey of general surgeons indicated a positive reaction to Intuitive Surgical's recently approved da Vinci Xi system. The firm said many surgeons noted the multi-quadrant ability as a significant upgrade, which it notes should enable additional procedures. JPMorgan keeps an Overweight rating on Intuitive Surgical with a $550 price target.
08:08 EDTSJRShaw Communications reports Q2 EPS C$0.46, consensus C$0.41
Reports Q2 revenue C$1.27B, consensus C$1.29B.
07:39 EDTAAPLApple Chief Designer gains more say over software, Bloomberg says
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07:24 EDTAAPLApple may release 12" Retina MacBook Air, low price iMac in 2014, MacRumors says
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06:48 EDTAAPLApple initiated with a Buy at Deutsche Bank
Deutsche Bank believes the iPhone and iPad offer good growth for Apple with upside coming from the potential for a larger screen sized phone. The firm initiated the stock with a Buy rating and $650 price target.
06:41 EDTAAPLApple confirms Christie departure, FT reports
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06:29 EDTKOCoca-Cola boosts advertising in repsonse to downward soda sales, WSJ says
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06:03 EDTPANWPalo Alto upgraded to Outperform from Market Perform at JMP Securities
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