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Stock Market & Financial Investment News

News Breaks
July 2, 2014
06:38 EDTWMT, HAINHain Celestial shares have additional upside, says Piper Jaffray
Piper Jaffray sees additional upside in shares of Hain Celestial (HAIN) following the recent rally as the company expands into new channels of distribution. Piper believes trends in natural and organic food remain strong and it raised its price target for Hain shares to $104 from $102. The firm does not expect the introduction of Wild Oats at Walmart (WMT) to have a material impact on Hain and it keeps an Overweight rating on the stock.
News For HAIN;WMT From The Last 14 Days
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February 4, 2016
06:14 EDTWMTWalmart sues Puerto Rico over tax increase, NY Times says
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February 3, 2016
20:02 EDTWMTWal-Mart to build own gas stations going forward, WSJ says
Wal-Mart (WMT) plans to build and operate its own gas stations going forward, though Murphy USA (MUSA) will continue the operate the 1,000-plus stations it has already built near Wal-Mart locations, reports the Wall Street Journal. A Wal-Mart spokesperson told the publication that, when building new stores, the company will add its own gas stations "to as many as possible." Reference Link
February 2, 2016
10:01 EDTHAINOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Agnico Eagle (AEM) downgraded to Hold from Buy at Desjardins... Alere (ALR) downgraded to Hold from Buy at Canaccord... Antero Resources (AR) downgraded to Reduce from Neutral at SunTrust... Carbylan (CBYL) downgraded to Market Perform from Outperform at Leerink... Copa Holdings (CPA) downgraded to Hold from Buy at Deutsche Bank... Dominion (D) downgraded to Neutral from Buy at Citi... Duke Energy (DUK) downgraded to Market Perform from Outperform at Wells Fargo... Hain Celestial (HAIN) downgraded to Neutral from Overweight at Piper Jaffray... Integrated Device (IDTI) downgraded to Neutral from Buy at BofA/Merrill... Logitech (LOGI) downgraded to Underweight from Equal Weight at Morgan Stanley... Merus Labs (MSLI) downgraded to Sector Perform from Outperform at Scotiabank... New Gold (NGD) downgraded to Sell from Buy at Desjardins... Nokia (NOK) downgraded to Underperform from Buy at CLSA... Plantronics (PLT) downgraded to Underperform from Outperform at Raymond James... Pool Corp. (POOL) downgraded to Equal Weight from Overweight at Stephens... Praxair (PX) downgraded to Sector Weight from Overweight at KeyBanc... Rofin-Sinar (RSTI) downgraded to Neutral from Buy at Longbow... Southwestern Energy (SWN) downgraded to Neutral from Overweight at JPMorgan... Stifel cuts Twitter (TWTR) to Sell after noting Yahoo has significantly more users... Superior Energy (SPN) downgraded to In-Line from Outperform at Imperial Capital... Sysco (SYY) downgraded to Underweight from Equal Weight at Morgan Stanley... Telenor (TELNY) downgraded to Underperform from Neutral at Credit Suisse... Twitter (TWTR) downgraded to Sell from Hold at Stifel... Valeo (VLEEY) downgraded to Underweight from Equal Weight at Morgan Stanley.
07:43 EDTHAINHain Celestial showing signs of a turnaround, says SunTrust
After Hain reported better than expected Q2 results and maintained its fiscal 2016 guidance, SunTrust thinks the company's growth has been curtailed by short-term issues. However, the firm believes that the company is showing signs of a turnaround. It trimmed its price target on the name to $50 from $55 to reflect multiple contraction but keeps a Buy rating on the shares.
07:24 EDTHAINHain Celestial price target lowered to $44 from $47 at Canaccord
Canaccord lowered its price target on Hain Celestial to $44 from $47 following its Q2 results. The firm believes guidance generally offered consistency that should add to investor confidence incrementally. Canaccord maintained its Buy rating on Hain Celestial shares.
05:46 EDTHAINHain Celestial downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Sean Naughton downgraded Hain Celestial to Neutral saying the company's investments to drive growth may take time. It will take longer than 12 months for the shares to once again trade at a premium to the group, Naughton tells investors in a research note. He dropped his price target for the shares to $38 from $42.
February 1, 2016
16:15 EDTHAINHain Celestial sees FY16 EPS $1.95-$2.10, consensus $2.02
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16:13 EDTHAINHain Celestial reports Q2 EPS 57c, consensus 54c
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08:08 EDTWMTMoneyGram, Wal-Mart announce new three-year agreement
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