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Stock Market & Financial Investment News

News For ITMN;BIG;WCG;FISV;KSU From The Last 14 Days
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April 23, 2015
08:55 EDTBIGBig Lots weakness creates buying opportunity, says MKM Partners
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April 21, 2015
19:12 EDTKSUCanadian Pacific CEO says U.S. railways due for activist pressure, Reuters says
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09:30 EDTKSUKansas City Southern sees low-single-digit revenue growth in FY15
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09:22 EDTKSUOn The Fly: Pre-market Movers
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08:05 EDTKSUKansas City Southern reports Q1 adjusted EPS $1.03, consensus $1.08
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April 20, 2015
15:37 EDTKSUNotable companies reporting before tomorrow's open
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April 14, 2015
10:16 EDTBIGHigh option volume stocks
High option volume stocks: NSAM ALU CJES BIG CMRX ERIC NTAP TMO KN CIG
April 13, 2015
17:03 EDTKSURailroad operators under pressure after Norfolk Southern guidance
Shares of railroad operators are active after Norfolk Southern (NSC) provided first quarter guidance that came in below analysts' consensus estimates. The company provided Q1 EPS guidance of $1.00, below analysts' estimates of $1.27, on revenue of $2.6B, also below analysts' estimates of $2.69B. Norfolk Southern said revenue decreases reflect reductions in fuel surcharge revenue in each of NS' three commodity groups, continued reductions in coal volumes, and a lower average revenue per unit related to the mix of business. Lower overall expenses were aided by declining fuel expense but hurt by weather and service recovery costs. PEERS: Publicly traded companies in the railroad space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Genesee & Wyoming (GWR), Kansas City Southern (KSU), and Union Pacific (UNP). PRICE ACTION: Norfolk Southern is down 3.9%, CSX is down 2.2%, Canadian National is lower by 0.6% and Union Pacific is lower by 1.8% in after-hours trading.
10:58 EDTWCGCigna, Humana seen as potential takeover targets in Managed Care space
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07:33 EDTWCGJefferies sees low probability of WellCare, Centene buyouts
After running several acquisition scenarios for the Managed Care space, Jefferies says potential takeovers of WellCare (WCG) and Centene (CNC) are "hard to justify." The firm estimates acquirers will only be able to generate 1%-3% accretion from buying either company at a 20% premium to current share prices. The deal that makes the most financial sense is Aetna (AET) buying Cigna (CI), Jefferies says today in a note to investors. Also financially attractive would be a buyout of Humana (HUM) by either Anthem (ANTM) or Aetna, the firm adds. After analyzing the Managed Care space, it upgraded this morning shares of UnitedHealth (UNH) to Buy from Hold with a $141 price target. Jefferies also has Buy ratings on Aetna, Anthem, Health Net (HNT) and Molina Healthcare (MOH).

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