New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 25, 2013
09:18 EDTLOW, SSYS, PRLB, XONE, AVID, MJNOn The Fly: Pre-market Movers
HIGHER: Barnes & Noble (BKS), up 11% after saying it will evaluate the sale of its retail business following a proposal from founder Leonard Riggio... Elan (ELN), up 7.6% after getting $11 per share takeover bid from Royalty Pharma... Zynga (ZNGA), up 9.4%, Glu Mobile (GLUU), up 6.8%, following last week's approval of online gambling by Nevada... Amgen (AMGN), up 2.6% after the recall of a drug that competes with Amgen's Epogen... UP AFTER EARNINGS: Hertz (HTZ), up 6.8%... Lowe's (LOW), up 0.5%... LOWER: Affymax (AFFY), down 85% following voluntary safety recall of Omontys, numerous downgrades of the stock... Dynavax (DVAX), down 29% after FDA said certain indication of investigational adult hepatitis B vaccine cannot be approved without further safety evaluation... Avid Technology (AVID), down 9% after postponing Q4 earnings release... Mead Johnson (MJN), down 5% after disclosing change in Hong Kong's rules for formula products moving to mainland China... DOWN AFTER EARNINGS: 3D Systems' (DDD), down 12.9%, peers Stratasys (SSYS), Proto Labs (PRLB), ExOne (XONE) down in sympathy.
News For LOW;SSYS;PRLB;XONE;AVID;MJN From The Last 14 Days
Check below for free stories on LOW;SSYS;PRLB;XONE;AVID;MJN the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | all recent news | >>
August 20, 2014
06:08 EDTLOWLowe's CEO says 'home improvement spending will continue to progress'
Subscribe for More Information
06:05 EDTLOWLowe's sees FY14 EPS approximately $2.63, consensus $2.61
Subscribe for More Information
06:04 EDTLOWLowe's reports Q2 EPS $1.04, consensus $1.02
Subscribe for More Information
August 19, 2014
15:16 EDTLOWNotable companies reporting before tomorrow's open
Subscribe for More Information
13:21 EDTLOWEarnings Preview: Lowe's trading higher ahead of Q2 earnings report
Lowe's Companies (LOW), a home improvement retailer, is scheduled to report on its second quarter before the market open on Wednesday, August 20, with a conference call scheduled for 9:00 am ET. EXPECTATIONS: Analysts are looking for earnings per share of $1.02 on revenue of $16.55B, according to First Call. The consensus range for EPS is 96c-$1.06 on revenue of $16.16B-$16.79B. LAST QUARTER: Lowe's reported first quarter EPS of 61c, beating analyst's estimates of 60c, on revenue of $13.4B against estimates for $13.86B. The company also reported Q1 same-store sales rose 0.9%. Lowe's raised its fiscal year 2014 EPS guidance to approximately $2.63 from $2.60 against estimates at that time for $2.62 and said it expects revenue up 5% in this fiscal year compared to last. Lowe's said it expected to open 10 home improvement and 5 hardware stores in 2014 and expects its FY14 SSS to increase approximately 4%. The company expects to repurchase $3.4B of stock this fiscal year. NEWS: During the quarter, Lowe's named Paul Ramsay as Chief Information Officer. The company also raised its quarterly dividend 27.8% to 23c per share. STREET RESEARCH: Deutsche Bank lowered its estimates for both Lowe's and Home Depot (HD) after Tractor Supply (TSCO) and Lumber Liquidators (LL) pre-announced Q2 comp misses. The firm, which noted that the negative earnings revision is "relatively minor," said that while the business models are different, Tractor Supply and Lumber Liquidators have historically correlated positively with Home Depot and Lowe's on comps. Morgan Stanley initiated Lowe's with an Equal Weight rating and $50 target in June. Canaccord downgraded Lowe's to Sell from Hold due to slowing housing momentum, management changes, and difficult competition. PRICE ACTION: Over the last three months, Lowe's shares are up almost 14%. In morning trading ahead of tomorrow's report, Lowe's is up nearly 3% to $51.89.
11:41 EDTLOWHome Depot rises as results beat estimates, company raises guidance
Subscribe for More Information
August 18, 2014
11:25 EDTLOWEarnings Preview: Home Depot shares up nearly 9% since last earnings report
Home Depot (HD), a home improvement retailer, is scheduled to report second quarter results before the market opens on Tuesday, August 19, with a conference call scheduled for 9:00 am ET. EXPECTATIONS: Analysts are looking for earnings per share of $1.45 on revenue of $23.62B, according to First Call. The consensus range for EPS is $1.41-$1.49 on revenue of $22.9B-$24.08B. LAST QUARTER: Home Depot reported first quarter EPS of $1.00 against estimates for 99c on revenue of $19.69B against estimates of $19.95B. The company said same-store sales increased 2.6%, with U.S. SSS up 3.3%. The company raised its fiscal year 2014 EPS view to $4.42 from $4.38 against estimates at that time for $4.42. The retailer also backed its FY14 sales growth view of up 4.8% from fiscal year 2013. On its Q4 earnings conference call, Home Depot forecast gross margins for FY14 would be "about the same" as last year. For the remainder of the year, the company said its view on the housing market recovery had not changed. NEWS: At Oppenheimer's 14th Annual Consumer Conference in June, Home Depot reaffirmed its 4.8% sales growth view for the year and said SSS growth would be 4.6%. The company also said it expected $7B in share repurchases for FY14. The retailer also said it intends to increase its dividend every year. The Wall Street Journal said Home Depot is among the retailers betting that consumer basics, like toilet paper or detergent, will increase sales and lure shoppers into stores. STREET RESEARCH: Citigroup expects Home Depot shares will continue outperforming Lowe's (LOW) in the near-term given its store base concentration and better merchandising effort on the Pro side. Deutsche Bank lowered its estimates for both Home Depot after Tractor Supply (TSCO) and Lumber Liquidators (LL) pre-announced Q2 comp misses. The firm, which noted that the negative earnings revision is "relatively minor," said that while the business models are different, Tractor Supply and Lumber Liquidators have historically correlated positively with Home Depot and Lowe's on comps. PRICE ACTION: Over the last three months, Home Depot shares are up almost 9%. Year-to-date, shares are up over 2%.
06:24 EDTLOWOptions expected to be active
Subscribe for More Information
<< 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