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Stock Market & Financial Investment News

News Breaks
August 30, 2012
08:59 EDTHUM, NXY, LPX, ICE, OILT, KLAC, MAKOOn The Fly: Analysts Downgrade Summary
Today's noteworthy downgrades include: Humana (HUM) downgraded to Neutral from Outperform at Credit Suisse...Nexen (NXY) downgraded to Equal Weight from Overweight at Barclays...Louisiana-Pacific (LPX) downgraded to Hold from Buy at Deutsche Bank...IntercontinentalExchange (ICE) downgraded to Outperform at Raymond James...Oiltanking Partners (OILT) downgraded to Neutral from Buy at BofA/Merrill...KLA-Tencor (KLAC) downgraded to Neutral from Positive at Susquehanna...MAKO Surgical (MAKO) downgraded to Neutral from Buy at Dougherty.
News For HUM;NXY;LPX;ICE;OILT;KLAC;MAKO From The Last 14 Days
Check below for free stories on HUM;NXY;LPX;ICE;OILT;KLAC;MAKO the last two weeks.
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August 27, 2014
07:43 EDTKLACJefferies to hold a summit
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August 19, 2014
07:09 EDTOILTCitigroup to hold a conference
MLP / Midstream Infrastructure Conference to be held in Las Vegas on August 19-21.
August 15, 2014
11:42 EDTKLACApplied Materials rises following strong profit, gross margin, order growth
Shares of semiconductor equipment maker Applied Materials (AMAT) are advancing after posting strong third quarter profit, adjusted gross margin, and order growth. WHAT'S NEW: Last night, Applied Materials reported Q3 adjusted earnings per share of 28c and revenue of $2.27B, compared to analysts’ consensus estimates of 27c and $2.29B, respectively. Q3 adjusted gross margin came in at 45.5%, up 260 basis points year-over-year, and up 130 basis points sequentially. Q3 orders of $2.48B, increased 24% year-over-year led by SSG year-over-year order growth of $362M. President and CEO Gary Dickerson said, “We have focused our strategy and investments in areas that have the largest impact for customers while driving improvements in execution and speed across the company. With these actions, we have improved our operating margins for seven quarters in a row and are making substantial progress towards our long-term financial model." WHAT’S NOTABLE: For the fourth quarter, Applied Materials expects adjusted EPS of 25c-29c, versus consensus of 26c. Q4 revenue is expected to be approximately flat, plus or minus 3% sequentially, and up by approximately 10%-17% from the year-ago period, compared to consensus of $2.28B. PRICE ACTION: In late morning trading, Applied Materials rose $1.04, or about 5%, to $22.19 on heavy trading volume. Including today’s advance, the stock has gained approximately 45% over the past twelve months. OTHERS TO WATCH: Other companies in the semiconductor equipment space include Lam Research (LRCX), Kulicke and Soffa (KLIC), and KLA-Tencor (KLAC).
August 14, 2014
08:06 EDTHUMHumana management to meet with Oppenheimer
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08:05 EDTHUMHumana management to meet with UBS
Meetings to be held in Denver/Minneapolis on August 14 hosted by UBS.

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