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Stock Market & Financial Investment News

News Breaks
November 21, 2012
09:59 EDTFRC, SKX, GLRE, BIN, WBS, PENN, FMER, THOR, NRGY, MTLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Greenlight Capital Re (GLRE) upgraded to Buy from Neutral at UBS... Inergy, L.P. (NRGY) upgraded to Outperform from Neutral at RW Baird... Penn National (PENN) upgraded to Buy from Neutral at Lazard Capital... Skechers (SKX) upgraded to Positive from Neutral at Susquehanna... Thoratec (THOR) upgraded to Outperform from Market Perform at Wells Fargo... Webster Financial (WBS) upgraded to Equal Weight from Underweight at Morgan Stanley... First Republic Bank (FRC) upgraded to Buy from Hold at Jeffries... FirstMerit (FMER) upgraded to Buy from Hold at Sandler ONeill... Progressive Waste (BIN) upgraded to Outperform from Sector Perform at Scotia Capital... Mechel (MTL) upgraded to Hold from Sell at Deutsche Bank.
News For GLRE;NRGY;PENN;SKX;THOR;WBS;FRC;FMER;BIN;MTL From The Last 14 Days
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May 23, 2013
10:08 EDTFRCOn The Fly: Analyst Initiation Summary
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08:19 EDTFRCFirst Republic Bank initiated with a Buy at Maxim
Target $46.
May 21, 2013
10:00 EDTFRCOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acquity Group (AQ) downgraded to Neutral from Buy at Roth Capital... Beazer Homes (BZH) downgraded to Neutral from Buy at Sterne Agee... CME Group (CME) downgraded to Neutral from Outperform at Macquarie... Carnival (CCL) downgraded to Neutral from Buy at UBS... Coach (COH) downgraded to Equal Weight from Overweight at Morgan Stanley... Deutsche Bank (DB) downgraded to Neutral from Overweight at JPMorgan... First Republic Bank (FRC) downgraded to Hold from Buy at Jefferies... Franklin Resources (BEN) downgraded to Neutral from Outperform at Macquarie... Life Technologies (LIFE) downgraded to Underperform from Outperform at CLSA... Oil States (OIS) downgraded to Neutral from Buy at Sterne Agee... Raymond James (RJF) downgraded to Market Perform from Outperform at Wells Fargo... VF Corp. (VFC) downgraded to Market Perform from Outperform at Wells Fargo... WellCare (WCG) downgraded to Neutral from Buy at Goldman... Huaneng Power (HNP) downgraded to Neutral from Buy at Citigroup... Comerica (CMA) downgraded to Neutral from Buy at DA Davidson... Beazer Homes (BZH) downgraded at Sterne Agee... Oil States (OIS) downgraded at Sterne Agee... eHealth (EHTH) downgraded to Neutral from Buy at Lazard Capital... Carnival (CCL) downgraded to Market Perform from Outperform at Wells Fargo... Warner Chilcott (WCRX) downgraded to Neutral from Positive at Susquehanna.
06:47 EDTFRCFirst Republic Bank downgraded to Hold from Buy at Jefferies
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May 20, 2013
10:11 EDTTHOROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel.
10:04 EDTFMERFirstMerit management to meet with JPMorgan
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07:45 EDTBINWunderlich Securities to hsot a summit
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07:25 EDTPENNWells Faro to host a conference
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06:06 EDTTHORThoratec downgraded to Neutral from Buy at Goldman
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May 17, 2013
08:04 EDTTHORThoratec announces FDA approval of HeartMate II Pocket Controller
Thoratec announced that it has received approval from the FDA to market the HeartMate II Pocket Controller, the small, smart, safe face of the HeartMate II LVAD System.
May 16, 2013
08:33 EDTFRCBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
May 15, 2013
16:13 EDTSKXSkechers trades higher after results, first look
Shares initially traded lower after earnings were released, but are now trading up over 5% to $22.25. At that price, next resistance is at $22.80 and then at $23.79. Support is at $22.11.
16:04 EDTSKXSkechers sees Q3 growth significantly stronger than Q2
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16:03 EDTSKXSkechers reports Q1 EPS 13c with items, consensus 19c
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15:11 EDTSKXNotable companies reporting after market close
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10:13 EDTNRGYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel.
09:18 EDTMTLMechel volatility elevated as shares near four-year low
Mechel overall option implied volatility of 61 is above its 26-week average of 56 according to Track Data, suggesting large near term price movement.
07:32 EDTNRGYInergy, L.P. upgraded to Overweight from Neutral at JPMorgan
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May 14, 2013
08:54 EDTSKXSkechers May volatility elevated at 81 into Q1 and outlook
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07:31 EDTBINCredit Suisse to host a conference
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