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Stock Market & Financial Investment News

News Breaks
July 10, 2014
18:35 EDTMTG, RCII, ARTX, RDN, GPS, JOEZ, PSMT, CUDAOn The Fly: After Hours Movers
UP AFTER EARNINGS: Joe's Jeans (JOEZ), up 15.5% after reporting second quarter results above analyst estimates... Barracuda Networks (CUDA), up 2.2% after reporting quarterly results and guidance... DOWN AFTER EARNINGS: PriceSmart (PSMT), down 3.7% after reporting third quarter revenue below analyst estimates... Rent-A-Center (RCII), down 11% after reporting disappointing preliminary second quarter results. ALSO LOWER: Gap (GPS), down 2% after reporting June Same Store Sales down 2%... Arotech (ARTX), down 5.6% after filing an automatic common stock shelf... NOTABLE: MGIC Investment (MTG), down 4.8% and Radian Group (RDN), down 3.8% following the FHFA proposal to tighten capital rules for mortgage insurers.
News For JOEZ;CUDA;PSMT;RCII;GPS;ARTX;MTG;RDN From The Last 14 Days
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January 30, 2015
11:25 EDTCUDABarracuda Networks management to meet with Pacific Crest
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January 29, 2015
13:23 EDTGPSGap says eliminating Creative Director role
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January 28, 2015
15:31 EDTMTGMGIC Investment unit promotes Kurt Thomas to Chief Human Resources Officer
Mortgage Guaranty Insurance Corporation, or MGIC, the principal subsidiary of MGIC Investment Corporation, is promoting Kurt Thomas to senior VP and Chief Human Resources Officer and Dean Dardzinski to VP Managing Director. MGIC is also rounding out its National Accounts team with two VPs National Accounts by promoting Elyse Mitchell and hiring Robert Bates.
14:46 EDTCUDABarracuda Networks management to meet with JMP Securities
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January 27, 2015
10:35 EDTMTGOptions with decreasing implied volatility
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06:16 EDTCUDABarracuda Networks files $100M mixed securities shelf, 5.8M shares of stock
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January 23, 2015
15:37 EDTGPSGap to close Piperlime brand
Gap announced the decision to close its Piperlime brand, including the online platform and single store in New York, by the end of the first quarter of fiscal year 2015. The company is committed to executing against its long-term strategy of driving profitable top line sales, and going into the new fiscal year, the company will focus on its portfolio of five brands – Gap, Old Navy, Banana Republic, Athleta and Intermix, as well as digital and global growth. While Gap Inc. does not break out Piperlime’s sales independently, the brand is by far the smallest of the company’s portfolio with yearly revenue below $100M, representing less than 1% of Gap Inc.’s total revenue base of over $16B, the company said. The wind-down costs associated with the decision are not material to the company’s financials, Gap added.
08:11 EDTCUDABarracuda Networks management to meet with JPMorgan
Meeting to be held in New York on January 28 hosted by JPMorgan.
08:00 EDTRCIIRent-A-Center price target raised to $41 from $37 at Canaccord
Canaccord raised its price target on Rent-A-Center to $41 from $37 ahead of Q4 results on February 2. The firm believes the company' smartphone penetration has continued at a healthy pace, while its labor model transition and supply chain initiatives will lead to meaningful cost savings. Canaccord reiterated its Buy rating on Rent-A-Center shares.
06:02 EDTJOEZJoe's Jeans announces resignation of CEO Marc Crossman
Joe’s Jeans announced that Marc Crossman has tendered his resignation as President and CEO and that in conjunction with his resignation, he will be transitioning to a consulting position with the company. Samuel Joseph Furrow will serve as Interim CEO.
January 22, 2015
14:36 EDTCUDABarracuda Networks management to meet with William Blair
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January 21, 2015
12:12 EDTGPSBest Buy, home retailers seen getting biggest bump from Sears demise
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January 20, 2015
09:11 EDTMTGOn The Fly: Pre-market Movers
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07:08 EDTMTGMGIC Investment reports Q4 EPS 19c, consensus 15c
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