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Stock Market & Financial Investment News

News Breaks
July 14, 2014
07:36 EDTHLITHarmonic reports preliminary Q2 EPS 0c-2c, consensus 6c
Reports preliminary Q2 revenue $108M-$110M, consensus $117.17M. GAAP gross margin is expected to be in the range of 44.5%-46.5%, compared with the company's previous guidance of 49.5%-50.5%. GAAP operating expenses are expected to be in the range of $58.5M-$59.5M, compared with the company's previous guidance of $61M-$62M. Non-GAAP gross margin is expected to be in the range of 49%-51%, compared with the company's previous guidance of 52.5%-53.5%. Non-GAAP operating expenses are expected to be in the range of $52.5M-$53.5M, compared with the company's previous guidance of $54.5M-$55.5M. Preliminary bookings for the Q2 were $113.4M, with first half 2014 bookings approximately 1% higher than bookings in the first half of 2013. Total backlog and deferred revenue was $132.1M as of June 27, compared to $126.4M as of March 29.
News For HLIT From The Last 14 Days
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December 11, 2014
10:13 EDTHLITOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ARIAD (ARIA) downgraded at Credit Suisse... AbbVie (ABBV) downgraded to Equal Weight from Overweight at Morgan Stanley... Aimco (AIV) downgraded to Hold from Buy at KeyBanc... Anglo American (AAUKY) downgraded to Underperform from Neutral at Exane BNP Paribas... Approach Resources (AREX) downgraded at Sterne Agee... CommVault (CVLT) downgraded to Neutral from Outperform at Macquarie... Fifth Street Senior (FSFR) downgraded to Perform from Outperform at Oppenheimer... Harmonic (HLIT) downgraded to Neutral from Buy at Sidoti... Macerich (MAC) downgraded to Hold from Buy at Deutsche Bank... Newell Rubbermaid (NWL) downgraded to Outperform from Strong Buy at Raymond James... Olin Corp. (OLN) downgraded at Longbow... Penn West (PWE) downgraded to Underperform from Neutral at BofA/Merrill... Prudential plc (PUK) downgraded to Neutral from Buy at Nomura... Semiconductor Manufacturing (SMI) downgraded to Hold from Buy at Jefferies... Suncor (SU) downgraded to Neutral from Buy at BofA/Merrill... Talisman Energy (TLM) downgraded to Underperform from Neutral at BofA/Merrill... Thompson Creek (TC) downgraded to Hold from Buy at Deutsche Bank... Toll Brothers (TOL) downgraded to Underperform from Sector Perform at RBC Capital... Travelers (TRV) downgraded to Neutral from Buy at UBS... United Therapeutics (UTHR) downgraded at Credit Suisse... Vera Bradley (VRA) downgraded to Underperform from Neutral at Sterne Agee.
09:14 EDTHLITHarmonic downgraded to Neutral from Buy at Sidoti
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December 8, 2014
07:32 EDTHLITRaymond James to hold a conference
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