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Stock Market & Financial Investment News

News Breaks
September 24, 2012
10:25 EDTGNW, ASGN, SAAS, CP, TFXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Genworth (GNW) initiated with a Neutral at Macquarie... On Assignment (ASGN) initiated with an Outperform at Wells Fargo... On Assignment initiated with a Buy at BofA/Merrill... inContact (SAAS) initiated with an Overweight at Piper Jaffray... Canadian Pacific (CP) coverage resumed with an Overweight at Morgan Stanley... Teleflex (TFX) initiated with an Equal Weight at Barclays.
News For GNW;ASGN;SAAS;CP;TFX From The Last 14 Days
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October 30, 2014
07:46 EDTASGNOn Assignment price target lowered to $34 from $41 at UBS
UBS lowered its price target on shares of On Assignment to $34 from $41 following its Q3 results, citing its guidance below expectations and a sluggish outlook for IT growth. UBS maintains its Buy rating on the stock.
07:46 EDTTFXTeleflex downgraded to Equal Weight from Overweight at Stephens
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October 29, 2014
16:55 EDTASGNOn Assignment sees Q4 adjusted EPS 50c-53c, consensus 55c
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16:54 EDTASGNOn Assignment reports Q3 adjusted EPS 57c, consensus 56c
Reports Q3 revenue $477.8M, consensus $479.5M.
10:00 EDTASGNOn The Fly: Analyst Initiation Summary
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08:52 EDTASGNOn Assignment initiated with an Outperform at Macquarie
Target $35.
07:03 EDTTFXTeleflex ups FY14 adjusted EPS view to $5.60-$5.70 from $5.45-$5.60
FY14 EPS consensus $5.59. Ups FY14 constant currency revenue growth guidance to a range of 7.5%-9% from a range of 7%-9%, consensus $1.84B.
07:01 EDTTFXTeleflex reports Q3 adjusted EPS $1.57, consensus $1.37
Reports Q3 revenue $457.2M, consensus $447.93M.
October 28, 2014
07:14 EDTTFXTeleflex awarded U.S. Army grant to develop anti-biofilm orthopedic device
Teleflex Incorporated has been awarded a $2.1M research grant from the U.S. Army’s Telemedicine and Advanced Technology Research Center, located at Fort Detrick, MD. The award will support research and development of a surface-modified tibial intramedullary nail that combines the Semprus Sustain technology with antimicrobial technology. Up to an additional $2.46M in funding for the project may be provided under the award, at the U.S. Army’s discretion. The research will be conducted at Teleflex’s facilities in Cambridge, MA, in conjunction with U.S. Army Institute for Surgical Research at Fort Sam Houston in San Antonio, TX. This award builds upon an initial $1.1M TATRC grant awarded to Semprus BioSciences in 2011 to develop the world’s first orthopedic devices designed to reduce biofilm formation.
October 22, 2014
08:17 EDTGNWGenworth could rise more than 60% if split, Bloomberg says
Shares of Genworth Financial (GNW), which are trading below the price at which GE (GE) took it public in 2004, could rise 64% if it chose to separate its mortgage-guarantee operations from its life and long-term care insurance business, as has been suggested by shareholder John Paulson, estimates Bloomberg in its "Real M&A" column. Reference Link
October 21, 2014
13:27 EDTCPCSX comes off intraday high after CP says done exploring merger
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11:49 EDTCPCanadian Pacific concerned about 'fragile' state of Chicago
Canadian Pacific says Chicago is the number one concern.
11:16 EDTCPCanadian Pacific says foreign exchange is a headwind on expense front
Sees seasonal uptick on car maintenance in Q4.
11:13 EDTCPCanadian Pacific sees positive trends in grain sector
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07:38 EDTCPCanadian Pacific reports Q3 EPS C$2.31, consensus C$2.39
Reports Q revenue C$1.67B, consensus C$1.70B.
06:47 EDTASGNOn Assignment removed from the short-term buy list at Deutsche Bank
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October 20, 2014
12:16 EDTCPCanadian Pacific still interested in consolidation, says UBS
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09:22 EDTCPOn The Fly: Pre-market Movers
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07:20 EDTTFXInternational Continence Society to hold annual meeting
ICS Annual Meeting 2014 is being held in Rio de Janeiro, Brazil on October 20-24.
07:02 EDTCPCanadian Pacific confirms termination of exploratory talks with CSX
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