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Stock Market & Financial Investment News

News Breaks
January 11, 2013
09:17 EDTINFY, CTSH, DNDN, BBY, WFC, AXP, BA, ARQLOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Infosys (INFY), up 15.5%... ALSO HIGHER: Cognizant (CTSH), up 3.6% following better than expected report from peer Infosys... Dendreon (DNDN), up 13.5% after upgrade to Outperform at Bernstein... Best Buy (BBY), up 6.5% after reporting holiday SSS, cutting FY13 free cash flow view... DOWN AFTER EARNINGS: Wells Fargo (WFC), down 1.9%... ALSO LOWER: J.C. Penney (JCP), down 6.5% after downgrade to Sell at UBS... Boeing (BA), down 1.9% after FAA to conduct special review of 787 Dreamliner... American Express (AXP), down 0.6% after announcing plans to cut 5,400 jobs, pre-announcing preliminary Q4 earnings... ArQule (ARQL), down 17.1% after Phase 2 trial for cancer treatment failed to meet primary endpoint.
News For INFY;CTSH;DNDN;BBY;WFC;AXP;BA;ARQL From The Last 14 Days
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August 26, 2014
07:03 EDTBBYBest Buy CFO sees SSS down in low single digits in Q3, Q4
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07:02 EDTBBYBest Buy: Benefits of Renew Blue cost reduction drove Q2 results
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07:01 EDTBBYBest Buy reports Q2 continuing ops EPS 44c, consensus 31c
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August 25, 2014
15:18 EDTBBYNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Best Buy (BBY), consensus 31c; Golar LNG (GLNG), consensus (7c); DSW (DSW), consensus 32c; Tech Data (TECD), consensus 77c; Sanderson Farms (SAFM), consensus $3.82; Movado (MOV), consensus 54c; Trina Solar (TSL), consensus 14c.
14:14 EDTBBYBest Buy technical comments ahead of results
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10:24 EDTBBYBest Buy weekly volatility increases into Q2 and outlook
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06:17 EDTBABoeing, BOC Aviation announce order for 82 airplanes for $8.8B
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August 24, 2014
21:59 EDTCTSHVMware to hold a conference
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August 22, 2014
18:16 EDTBAGeneral Electric equipped 787 Dreamliner approved by regulators, WSJ says
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06:37 EDTBBYBest Buy weekly volatility elevated into Q2 and outlook
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August 21, 2014
11:26 EDTBABoeing reports 12 new orders in weekly update
Boeing reported orders for 10 737s and two 777s for unidentified customers in its weekly update.
06:43 EDTWFCRegulators up bank warning efforts for poor risk assessment, Reuters says
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August 20, 2014
09:09 EDTINFYFairchild Semiconductor volatility expected to move on deal report
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08:31 EDTCTSHCognizant deal with Health Net has encouraging read through, says Cowen
Cowen noted Cognizant (CTSH) shareholders were concerned over its deal with Health Net (HNT) but noted management feels the deal is a true partnership. The firm feels management's positive comments are encouraging and address the execution and profitability concerns of shareholders. Shares of Cognizant are Outperform rated with a $50 price target.
06:02 EDTWFCWells Fargo wins approval for $62.5M settlement, Charlotte Observer says
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August 19, 2014
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
13:42 EDTWFCWells Fargo looks to bulk up asset-management business, WSJ says
Wells Fargo is looking to increase the size of its asset-management business to over $1T over the next decade by making acquisitions of smaller asset managers and more aggressive sales to larger investors, says the Wall Street Journal. Reference Link
13:00 EDTDNDNDendreon alternatives could leave no equity value, says Brean Capital
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10:13 EDTAXPOn The Fly: Analyst Upgrade Summary
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07:48 EDTAXPAmerican Express upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded American Express to Neutral based on valuation. Price target remains $91.
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