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Stock Market & Financial Investment News

News Breaks
August 8, 2014
08:47 EDTGLUU, ZNGANorthland recommends buying Glu Mobile aggressivley on weakness related to Zynga
Northland recommends buying Glu Mobile (GLUU) aggressively on any weakness related to Zynga (ZNGA). The analyst said Zynga's lowered guidance was due to a push out of new mobile games at Facebook (FB) and notes Glu Mobile does not have Facebook exposure and is more diversified. Shares are Outperform rated with a $9.50 price target.
News For GLUU;ZNGA From The Last 14 Days
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October 30, 2014
09:14 EDTGLUUOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Visa (V), up 4%... MasterCard (MA), up 2.5%... Alcatel-Lucent (ALU), up 12.5%... TASER (TASR), up 4%... JDSU (JDSU), up 3.8%... Radian Group (RDN), up 9%... DreamWorks Animation (DWA), up 1.7%... Take-Two (TTWO), up 7.7%. ALSO HIGHER: Grand Canyon (LOPE), up 10.5%, upgraded at Piper Jaffray after the company formed a committee to explore conversion to a nonprofit entity... Walter Energy (WLT), up 6.8% after lowering FY14 capital expenditures view, reporting lower than expected losses... Novavax (NVAX), up 7% after getting fast track designation for H7N9 VLP. DOWN AFTER EARNINGS: Glu Mobile (GLUU), down 16.6%... Alliance Fiber Optic (AFOP), down 18.4%... Pacira (PCRX), down 6.4%. ALSO LOWER: Sturm, Ruger (RGR), down 10% following Q3 results, cutting Q3 dividend. Peer gunmaker Smith & Wesson (SWHC) also down 3.7% after Ruger's report... Western Gas Partners (WES), down 4.4% after its 7.5M common units spot secondary priced at $70.85... ACCO Brands (ACCO), down 1.1%, downgraded at KeyBanc following the company's Q3 results... Fiat Chrysler (FCAU), down 1.1% after reported to be recalling over 300K Ram trucks due to fire concern... Inogen (INGN), down 2.3% after 2.1M share secondary offering of common stock priced at $21.50.
08:52 EDTGLUUGlu Mobile price target lowered to $5.38 from $5.90 at Benchmark Co.
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08:39 EDTGLUUGlu Mobile price target lowered to $6 from $8 at Canaccord
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October 29, 2014
18:59 EDTGLUUOn The Fly: After Hours Movers
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16:49 EDTGLUUGlu Mobile down 14.1% after reporting Q3 results
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16:44 EDTGLUUGlu Mobile sees FY14 revenue $225.5M-$230.5M, consensus $232.56M
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16:44 EDTGLUUGlu Mobile sees Q4 revenue $60M-$65M, consensus $65.55M
16:43 EDTGLUUGlu Mobile reports Q3 EPS 17c, consensus 11c
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October 22, 2014
09:50 EDTZNGAZynga to bring back Zynga Poker Classic, will have two Poker games
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