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Stock Market & Financial Investment News

News Breaks
July 18, 2014
09:24 EDTGOOG, RECN, CPHD, TGP, ERIC, ICLD, GE, AMD, RP, SWKS, NQ, NUS, HBANOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Google (GOOG), up 3.5%... Skyworks (SWKS), up 9%... Ericsson (ERIC), up 7.7%... Huntington Bancshares (HBAN), up 3.8%... General Electric (GE), up 0.9%. HIGHER: Intercloud Systems (ICLD), up 13% after announcing over $23M in new business backlog for FY14... Resources Connection (RECN), up 10% after earnings, upgrade at RW Baird. DOWN AFTER EARNINGS: Advanced Micro Devices (AMD), down 17%... Cepheid (CPHD), down 4.7%. LOWER: RealPage (RP), down 25% after reporting preliminary second quarter revenue below analyst estimates, downgrades at JMP Securities and William Blair... Nu Skin (NUS), down 4.5% after downgraded at BofA Merrill Lynch... NQ Mobile (NQ), down 21.1% after dismissing PwC as the company's auditor, engaging Marcum Berstein & Pinchuk as replacement... Teekay LNG (TGP), down 5% after filing to sell 2.8M common units for limited partners.
News For GOOG;NUS;NQ;SWKS;RP;AMD;GE;ICLD;ERIC;TGP;CPHD;RECN;HBAN From The Last 14 Days
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October 17, 2014
07:37 EDTGOOGGoogle price target lowered to $600 from $670 at BofA/Merrill
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07:37 EDTHBANHuntington Bancshares reports Q3 net interest income $466.3M
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07:34 EDTHBANHuntington Bancshares reports Q3 revenue $721.2M, consensus $716.43M
07:32 EDTHBANHuntington Bancshares ups dividend from 5c to 6c
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07:31 EDTHBANHuntington Bancshares reports Q3 EPS 18c, consensus 19c
Reports Q3 net charge-offs declined to 0.26% of average loans and leases, down from 0.53% in the year-ago quarter.
07:24 EDTGOOGMacquarie continues to recommend Google for long-term holders
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07:15 EDTGEGE repeats view for FY14 revenue flat to up 5%, consensus $148.89B
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06:47 EDTGOOGGoogle price target lowered to $620 from $650 at Cantor
Cantor Fitzgerald lowered its price target for Google shares to $620 saying higher operating expenses and elevated Capex pressured margins and earnings in Q3. The firm views the current valuation as attractive and keeps a Buy rating on Google.
06:37 EDTGEGeneral Electric on track to close sale of GE Money Bank in Q4
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06:37 EDTAMDAMD downgraded downgraded to Hold from Buy at Canaccord
Canaccord downgraded AMD to Hold based on weak guidance and more restructuring initiatives. Price target lowered to $2.75 from $4.50.
06:36 EDTGEGeneral Electric on track to meet goal or $1B in structural cost-out for year
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06:36 EDTGEGeneral Electric targets complete exit from Synchrony Financial in late 2015
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06:35 EDTGEGeneral Electric reports Q3 industrial segment growth of 9% to $4.3B
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06:34 EDTGEGeneral Electric reports Q3 EPS 38c, consensus 37c
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06:23 EDTGOOGGoogle price target lowered to $675 from $725 at Pacific Crest
Pacific Crest lowered its price target for Google shares to $675 citing expectations for a higher tax rate following the company's Q3 results. The firm thinks shares are attractively valued at current levels and keeps an Outperform rating on Google.
06:20 EDTAMDAMD upgraded to Sector Perform from Underperform at Pacific Crest
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06:18 EDTGOOGGoogle price target lowered to $652 from $684 at Citigroup
Citigroup lowered its price target for Google (GOOGL) shares to $652 following the company's Q3 results and keeps a Buy rating on the name. Citi calls the results "relatively good."
06:13 EDTGOOGLVMH could pair with a tech company to launch smartwatch, WSJ reports
LVMH Moet Hennessy Louis Vuitton (LVMUY) says it could team up with with a technology company to launch a smartwatch for one of its brands, the Wall Street Journal reports. Jean-Claude Biver, president of LVMHs watch division, commented "Maybe in nine months, we will have a smartwatch." Publicly traded smartwatch makers include Apple (AAPL), Google (GOOG) and Samsung (SSNLF). Reference Link
05:50 EDTAMDAMD likely still losing share in microprocessors, says Wells Fargo
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05:44 EDTGOOGGoogle growth story remains intact, says Piper Jaffray
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