New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 12, 2014
08:34 EDTOWW, KODK, CPWR, RHTEastman Kodak elects Jeffrey Clark CEO
The board of Eastman Kodak (KODK) has elected Jeffrey Clarke as CEO and a member of its Board. Prior to joining Kodak, Clarke was a Managing Partner of Augusta Columbia Capital. Clarke will continue to serve as Chairman of Orbitz Worldwide (OWW). He will also continue to serve on the boards of directors of Red Hat (RHT) and Compuware (CPWR).
News For KODK;RHT;CPWR;OWW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
December 19, 2014
07:01 EDTRHTRed Hat price target raised to $75 from $68 at Piper Jaffray
Subscribe for More Information
December 18, 2014
18:22 EDTRHTOn The Fly: After Hours Movers
UP AFTER EARNINGS: Red Hat (RHT), up 9.3%... Pier 1 Imports (PIR), up 8%... NQ Mobile (NQ), up 9.3%... Cintas (CTAS), up 6.3%. ALSO HIGHER: Aratana Therapeutics (PETX), up 25.9% after candidate for dog osteoarthritis shows positive results... Ally Financial (ALLY), up 5% after announcing that it will exit the Troubled Asset Relief Program. DOWN AFTER EARNINGS: Nike (NKE), down 2.7%. ALSO LOWER: American Apparel (APP), down 2.8% after New York Post reports on takeover bid.
17:29 EDTRHTRed Hat continues higher to 9.4% in after hours trading after Q3 conference call
Subscribe for More Information
17:27 EDTRHTRed Hat CFO to retire in next 12 months
Subscribe for More Information
17:26 EDTRHTRed Hat sees Q4 EPS 40-41c, consensus 41c
Sees Q4 revenue $456M-$459M, consensus $459.39M. Guidance provided during Q3 earnings conference call.
17:25 EDTRHTRed Hat raises FY15 EPS to $1.57-$1.58, consensus $1.55
Subscribe for More Information
16:10 EDTRHTRed Hat trades higher in extended session
The shares are trading up above the prior 52-week high following earnings. At the current price of $65.43, next resistance is at $67.50. Support is at $63.69, the prior 52-week high.
16:10 EDTRHTRed Hat up 4.9% after reporting Q3 results
Subscribe for More Information
16:06 EDTRHTRed Hat reports Q3 EPS 42c, consensus 40c
Subscribe for More Information
14:01 EDTRHTRed Hat December 60 straddle priced for 6.2% movement into Q3
Subscribe for More Information
December 17, 2014
07:32 EDTRHTRed Hat December volatility increases into Q3 and outlook
Red Hat December call option implied volatility is at 96, January is at 39, March is at 31; compared to its 26-week average of 33 according to Track Data, suggesting large near term price movement into the expected release of Q3 results today.
December 16, 2014
14:01 EDTKODKKodak names Sharon Underberg as General Counsel
Subscribe for More Information
09:17 EDTOWWInternet sector upgraded to Attractive from Neutral at Goldman
Goldman upgraded the Americas Internet sector to Attractive to Neutral based on more reasonable valuations, reduced expectations, and strong sector growth. As part of the sector change, the firm upgraded GrubHub (GRUB) to Buy from Neutral, downgraded Shutterfly (SFLY) to Neutral from Buy, and lowered Priceline (PCLN) to Buy from Conviction Buy.
December 12, 2014
10:28 EDTRHTRed Hat December volatility elevated into Q3 and outlook
Subscribe for More Information
10:01 EDTRHTOn The Fly: Analyst Initiation Summary
Subscribe for More Information
06:35 EDTRHTRed Hat resumed with an Overweight at Piper Jaffray
Subscribe for More Information
December 8, 2014
16:18 EDTCPWRCompuware shareholders approve acquisition by Thoma Bravo
Compuware announced that at the special meeting of Compuware shareholders held earlier, shareholders voted to approve the proposed definitive merger agreement with Thoma Bravo. The transaction follows a thorough review by the Compuware Board of Directors of strategic options for Compuware. More than 99% of the shares voting at the special meeting voted in favor of the adoption of the merger agreement. The CEO of Compuware, Bob Paul, stated, “The acquisition by Thoma Bravo provides a great value proposition for Compuware’s shareholders and we are very pleased with the level of support this transaction has received from our shareholders.” Upon completion of the merger, valued at approximately $2.4B, Compuware shareholders will have received an aggregate value of $10.75 per share for each share of Compuware common stock they own as of the effective time of the merger, which includes a net cash payment of $10.389188 per share of common stock as well as the per-share value of the Covisint shares distributed to holders of Compuware equity as of October 20, the record date for the Covisint spin-off. The companies currently expect the merger to be completed later this month, following the satisfaction or waiver of all conditions to the merger.
10:00 EDTRHTOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:14 EDTRHTRed Hat downgraded at Wells Fargo
As noted earlier, Wells Fargo downgraded Red Hat to Market Perform from Outperform. The firm downgraded the stock based on valuation. Target $64-$68.
05:54 EDTRHTRed Hat downgraded to Market Perform from Outperform at Wells Fargo
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use