New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 21, 2012
09:59 EDTBIN, WBS, PENN, FMER, THOR, NRGY, MTL, FRC, SKX, GLREOn 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
Sign up for a free trial to see the rest of the stories you've been missing.
December 17, 2014
17:09 EDTWBSWebster Financial files automatic mixed securities shelf
Subscribe for More Information
December 16, 2014
12:52 EDTSKXSkechers nears session lows, levels to watch
Subscribe for More Information
12:40 EDTSKXSkechers decline on December sales concerns unwarranted, analyst says
Shares of footwear maker Skechers (SKX) are falling, but research firm Sterne Agee suggested that the decline is based on inaccurate information. WHAT'S NEW: The volatility in Skechers' stock today was likely due to commentary suggesting that the company's December sales have been disappointing, Sterne Agee analyst Sam Poser wrote in a note to investors today. Most of Skechers' customers say that sales of the company's footwear continue to rise by at least 10% annually, Poser reported after speaking with a number of customers. Moreover, large retailers expect sales of Skechers' products to rise by at least 10% next year, the analyst stated. Skechers' momentum is continuing, according to Poser, who identified the stock as a top pick and kept a $70 price target and Buy rating on the shares. PRICE ACTION: In early afternoon trading, Skechers fell 4.5% to $54.85.
10:51 EDTSKXSkechers weakness based on inaccurate information, says Sterne Agee
Subscribe for More Information
07:30 EDTGLREUBS to hold a conference
Subscribe for More Information
06:56 EDTMTLMechel volatility increases as Russian stocks trade lower
Subscribe for More Information
December 12, 2014
14:04 EDTPENNAtlantic City reports November gaming win down 10.3% to $202.5M
New Jersey reported total Atlantic City gaming win from current operators for the month of November was $202.5M, compared to the $181.7M for November 2013, reflecting an 11.5% increase. Total gaming win from the industry including discontinued operators reflects a 10.3% decrease compared to $225.7M in November 2013. As of November 30, 506,172 Internet gaming accounts have been created, up 5.7% from the 479,073 accounts as of October 31. For the month, Internet Gaming Win including discontinued operators was $8.7M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
December 10, 2014
13:44 EDTFMERFirstMerit management to meet with Sandler O'Neill
Meetings to be held in Texas December 15-16 hosted by Sandler O'Neill.
10:00 EDTWBSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:33 EDTWBSWebster Financial downgraded to Hold from Buy at Evercore ISI
Evercore ISI downgraded Webster Financial to Hold due to valuation.
December 8, 2014
10:47 EDTPENNPenn National management to meet with Wells Fargo
Dinner Meeting with Management to be held in New York on December 11 hosted by Wells Fargo.

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