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Stock Market & Financial Investment News

News Breaks
January 29, 2013
10:43 EDTTSL, HW, CIT, CTXS, LHHigh option volume stocks: LH HW CTXS TSL CIT
News For LH;CIT;TSL;CTXS;HW From The Last 14 Days
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May 22, 2015
12:34 EDTLHOn The Fly: Top stock stories at midday
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12:10 EDTLHQuest declines comment to Bloomberg on takeover speculation
Quest Diagnostics (DGX) declined comment to Bloomberg regarding the takeover speculation that pushed the company's stock higher today. Shares of Quest are up $7.01 to $80.89 in midday trading. Shares spiked earlier in the trading day amid talk among traders that Quest hired an investment bank to explore a sale after being approached by a suitor. The talk is unconfirmed speculation that has not been reported by any news agencies. Quest peer LabCorp (LH) is up $1.74 to $122.10 at midday.
10:46 EDTLHLabCorp volatility increases
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10:43 EDTLHQuest Diagnostics jumps amid takeover speculation
The move higher in Quest Diagnostics (DGX), which was earlier halted for volatility and remains up 15% to $85 per share in morning trading, has been attributed to takeover speculation. Peer Lab Corp. (LH) is also up 3.9% to $125 in morning trading.
07:31 EDTTSLTrina Solar price target raised to $18 from $15 at RBC Capital
RBC Capital raised its price target on Trina after the company reported stronger than expected results. The firm says the company's margins can rise if the U.S. lowers its tariff rate and the company increases capacity and reduces outsourcing. RBC keeps an Outperform rating on the shares.
May 21, 2015
10:29 EDTTSLTrina Solar rallies after earnings beat, levels to watch
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09:28 EDTTSLOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Quality Systems (QSII), up 9.5%... Trina Solar (TSL), up 7.1%... Best Buy (BBY), up 7.5%... Kirkland's (KIRK), up 4.3% after reporting quarterly results, guidance, and announcing a $1.50 per share special dividend... Williams-Sonoma (WSM), up 3.8%... salesforce.com (CRM), up 4.8%... Youku Tudou (YOKU), up 1.2%. ALSO HIGHER: CTPartners (CTP), up 30.7% after agreeing to exclusive negotiations to be acquired by DHR International... Omnicare (OCR), up 1.3% after CVS Health (CVS) agrees to acquire the company for $98.00 per share, CVS Health is up 1%... Telenav (TNAV), up 3.3% after being initiated with an Outperform at Northland. DOWN AFTER EARNINGS: NetApp (NTAP), down 11.7%... Rexnord (RXN), down 9.9%... Dollar Tree (DLTR), down 2%. ALSO LOWER: Wave Systems (WAVX), down 22.9% after 7.3M share Spot Secondary priced at 65c... Lumber Liquidators (LL), down 16.5% after CEO resigns... Dicerna Pharmaceuticals (DRNA), down 5.8% after 2.75M share Secondary priced at $17.75.
07:26 EDTTSLTrina Solar reports Q1 total module shipments of 1,026.2 MW
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07:25 EDTTSLTrina Solar sees FY15 total shipment volume up 20%-26% YoY
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07:23 EDTTSLTrina Solar sees Q2 shipments 1,100 MW-1,140 MW
Of the Q2 shipment outlook, 150 MW to 170 MW of PV modules will be shipped to the company's downstream PV projects, revenues of which will not be recognized. The company expects to connect 65 MW-70 MW of PV projects to the grid in Q2.
07:22 EDTTSLTrina Solar reports Q1 EPS 16c, consensus 9c
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May 20, 2015
15:00 EDTTSLNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Dollar Tree (DLTR), consensus 75c... Best Buy (BBY), consensus 29c... Advance Auto Parts (AAP), consensus $2.48... Patterson Companies (PDCO), consensus 65c... Donaldson Company (DCI), consensus 35c... Booz Allen Hamilton Holding (BAH), consensus 33c... The Buckle (BKE), consensus 78c... Monro Muffler Brake (MNRO), consensus 39c... Brady Corp. (BRC), consensus 37c... Trina Solar (TSL), consensus 9c... Quality Systems (QSII), consensus 15c... Kirkland's (KIRK), consensus 11c... Bon-Ton Stores (BONT), consensus ($1.56).
May 19, 2015
09:31 EDTLHORIG3N announces strategic collaboration with LabCorp
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08:07 EDTCTXSCitrix teams with Mirantis for OpenStack distribution
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07:36 EDTCTXSCitrix growth poised to accelerate, says Bernstein
After attending Citrix's Analyst Meeting, Bernstein says the company's new products are likely to help cause its growth to accelerate. The firm expects the company's EPS growth to accelerate, and it keeps a $79 price target and Outperform rating on the shares.
07:28 EDTLHUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 19 at 8 am; not all company presentations may be webcasted. Webcast Link
May 18, 2015
10:01 EDTCTXSOn The Fly: Analyst Downgrade Summary
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08:46 EDTLHLabCorp announces full portfolio of Hep C virus drug resistance assays
LabCorp announced the launch of two new Hepatitis C Virus drug resistance assays. The HCV NS5A and NS5B Drug Resistance Assays expand LabCorp’s portfolio of HCV resistance tests that includes HCV GenoSure NS3/4A, which was launched in 2011. These tests are available through Monogram Biosciences, a member of the LabCorp Specialty Testing Group, and a leader in the development and commercialization of innovative antiviral diagnostics.
05:48 EDTCTXSCitrix downgraded to Neutral from Buy at Goldman
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May 14, 2015
09:04 EDTHWHeadwaters business showing signs of rebounding, says SunTrust
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