New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 12, 2014
10:19 EDTALU, VGR, ADSK, IMAX, BWAHigh option volume stocks: IMAX VGR BWA ADSK ALU
News For IMAX;VGR;BWA;ADSK;ALU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
October 6, 2015
12:40 EDTADSKAutodesk management to meet with JPMorgan
Subscribe for More Information
October 2, 2015
12:43 EDTIMAXFly Watch: 'The Martian' expected to win weekend box office
Fox's (FOX, FOXA) "The Martian," based on the best selling science fiction novel by Andy Weir and starring Matt Damon, is expected to win this weekend's box office with an opening of between $40M-$50M. Sony's (SNE) animated sequel "'Hotel Transylvania 2," which set a record last weekend for a September opening with a $48.5M debut, is estimated to gross in the range of $29M-$31.5M in its second week. Lions Gate's (LGF) drug cartel drama "Sicario," which opened two weeks ago in six theaters and expanded to 59 theaters last week, is expected to take in $8M-$10M in its first weekend expanding nationwide, now playing in about 2,500 theaters. Time Warner (TWX) subsidiary Warner Bros.' comedy "The Intern," starring Robert DeNiro and Anne Hathaway, is estimated to bring in $8.5M-$8.9M in its second weekend. Fox's "Maze Runner: The Scorch Trials" is expected to earn an estimated $7.8M in its third weekend of release. Also new in theaters is Sony subsidiary TriStar's "The Walk," starring Joseph Gordon-Levitt, which opened Wednesday exclusively on 448 IMAX (IMAX) and large-format screens, and is expected to earn $3M through the weekend.
October 1, 2015
06:01 EDTALUAcacia Research signs patent license agreement with Alcatel-Lucent USA
Acacia Research's (ACTG) Labyrinth Optical Technologies subsidiary has entered into a settlement and patent license agreement with Alcatel Lucent (ALU) USA. The agreement resolves litigation that was pending in the U.S. Court for the Central District of California.
September 30, 2015
18:50 EDTIMAXIMAX China determines $4.00 per share offer price for 62M share offering
Subscribe for More Information
08:44 EDTADSKAutodesk requires more patience but end still compelling, says Cowen
Subscribe for More Information
September 29, 2015
15:26 EDTADSKAutodesk took 'major step' in right direction with analyst day, says JPMorgan
JPMorgan analyst Sterling Auty said that Autodesk took a "major step in the right direction" by giving transparency on what the company should look like through its subscription transition and beyond during its analyst day meeting. Among the "number of positives" coming from the meeting are the company's explicit revenue and margin guidance through the transition, its outlook for cash flow greater than $4 per share in FY20, and its assertion that the subscription shift is expanding its market opportunity, Auty said. The analyst has an Overweight rating on Autodesk shares.
15:08 EDTADSKAutodesk sees strong growth in ARR and subscriptions from FY16 to FY20
Autodesk sees strong growth in ARR and subscriptions from FY16 to FY20. The company notes that FY17 is the inflection point as perpetual license sales end. the company sees traditional financial metrics to normalize by FY20. Autodesk sees revenue of at least $3.5B in FY20 with sustainable double-digit growth. Sees Non-GAAP operating margin in the mid-20% range in FY20 and increasing to 30% plus. Sees free cash flow of $1B in FY20 and increasing. The company added that model acceleration continues beyond FY20. Information from company slides presentation.
08:32 EDTADSKAutodesk still sees FY16 adjusted EPS 60c-72c, consensus 67c
Sees FY16 revenue $2.47B-$2.51B, consensus $2.48B. Sees billings up 2%-4%. Sees net subscription additions 375,000-425,000.
08:31 EDTADSKAutodesk still sees Q3 adjusted EPS 5c-10c, consensus 7c
Subscribe for More Information
September 28, 2015
07:11 EDTBWAAuto parts makers defend diesel amid Volkswagen scandal, WSJ reports
Subscribe for More Information
September 27, 2015
12:43 EDTADSKAutodesk shares could rise 50% in 18 months, Barron's says
Subscribe for More Information
12:33 EDTBWAAuto suppliers look like bargains after Volkswagen scandal, Barron's says
Subscribe for More Information
September 25, 2015
13:17 EDTIMAXFly Watch: 'Hotel Transylvania 2' expected to top weekend box office
Sony's (SNE) animated sequel "'Hotel Transylvania 2," which is opening in 3,600 theaters, is expected to win this weekend's box office with a domestic gross of $35M-$40M. The next bunch of films are all expecting similar grosses in the mid-to-high teens. Time Warner (TWX) subsidiary Warner Bros.' comedy "The Intern," starring Robert DeNiro and Anne Hathaway, is estimated to open in the $15M-$20M range in 3,305 theaters. Comcast (CMCSA, CMCSK) subsidiary Universal's "Everest," which opened last weekend on IMAX (IMAX), is expanding to over 3,000 theaters this weekend and is estimated to gross in the range of $15M-$17M. Fox's (FOX, FOXA) "Maze Runner: The Scorch Trials," which grossed $30.3M domestically for the weekend of September 20, is expected to earn an estimated $16M in its second weekend of release. Warner Bros.' Whitey Bulger biopic "Black Mass," which took in $23.4M in its domestic opening last weekend, is expected to gross $12.5M-$13M this weekend. Additionally, Lions Gate's (LGF) drug cartel drama "Sicario" is playing in about 50 theaters ahead of the film's wide release on October 2.
09:17 EDTBWAAuto suppliers decline on Volkswagen fears overdone, says Wells Fargo
Wells Fargo says that a 10% decline in diesel's market share in Europe would only reduce the annual EPS of Tenneco (TEN0, BorgWarner (BWA) and Delphi (DLPH) by 1%-5%, while the stocks have fallen by a median of 10.2% since September 17. The firm does not expect Volkswagen (VLKAY) sales to drop tremendously. It views fears about BorgWarner and Tenneco as "way overdone," and says that Delphi's weakness is also unjustified.
08:59 EDTADSKAutodesk, Workday, Veeva weakness present buying opportunities, says Canaccord
Subscribe for More Information
September 24, 2015
11:12 EDTBWAAnalyst says Delphi pushed to 'attractive' level by Volkswagen scandal
The shares of auto equipment maker Delphi (DLPH) are falling nearly 4% this morning and have tumbled over 8% week-to-date in the wake of the Volkswagen (VLKAY) emissions scandal. In a note to investors today, RBC Capital recommended that investors buy Delphi shares at current levels, saying that the impact of the Volkswagen news on Delphi "appears limited." WHAT'S NEW: After meeting with Delphi's CEO and treasurer, RBC Capital analyst Joseph Spak says that Delphi parts are not incorporated into any light vehicles with diesel engines in the U.S., while Volkswagen accounts for only about 1% of Delphi's overall powertrain business. Delphi could be hurt if European consumers stop buying diesel powered vehicles, according to Spak, who noted that Delphi generates double the revenue from diesel vehicles than it gets from gasoline vehicles. Such a scenario, however, is unlikely to play out and the company would see higher revenue from gasoline engines if it does occur, according to Spak. Addressing the company's outlook in China, Spak lowered his third quarter and full-year operating income estimates for the auto maker "towards the low end" of its guidance. However, he noted that Delphi "does seem to be confident" that it can meet its earnings per share guidance even if its production in China is flat in the second half of this year, the analyst stated. Moreover, Delphi suggested that its China business appears to be stabilizing, while some automakers are increasing their fourth quarter orders from previous levels, he wrote. Spak cut his price target on the stock to $91 from $93 but kept an Outperform rating on the shares. WHAT'S NOTABLE: Yesterday, Spak wrote that the decline of auto suppliers with exposure to Volkswagen's powertrain could be overdone. In addition to Delphi, he identified Magna (MGA) as having exposure to Volkswagen's powertrains. BorgWarner (BWA) would only lose 7c of EPS if all sales of cars with 1.5M Volkswagen engines disappear, the analyst added. PRICE ACTION: In morning trading, Delphi dropped 3.7% to $71.36, while Magna fell 5.7% to $43.64 and BorgWarner declined 3.7% to $37.54.
10:13 EDTIMAXHigh option volume stocks
Subscribe for More Information
08:06 EDTADSKAutodesk to acquire netfabb, terms not disclosed
Autodesk has signed a definitive agreement to acquire netfabb, a Lupburg, Germany-based developer of software solutions for industrial additive design and manufacturing. Autodesk will also make a strategic investment in FIT Technology Group, the parent company of netfabb and provider of additive manufacturing software and services. The two companies will collaborate to increase adoption of technology for industrial additive manufacturing. Autodesk plans to use foreign capital for the transaction, which is expected to close in Autodesk's Q4 FY2016. Terms of the transaction were not disclosed.
06:39 EDTBWABorgWarner volatility elevated on exposure to Volkswagen
BorgWarner (BWA) October call option implied volatility is at 40, January is at 37; compared to its 52-week range of 19 to 43, suggesting large near term price movement on the auto suppliers exposure to Volkswagen (VLKAY).
05:18 EDTADSKAutodesk to host investor day
Subscribe for More Information
1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use