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Stock Market & Financial Investment News

News For LOW;TSN;BMTI;WMGI;ARUN;CSCO From The Last 14 Days
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November 19, 2014
07:40 EDTCSCOUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 19 at 10:45 am; not all company presentations may be webcasted.Webcast Link
06:22 EDTLOWLowe's up 2% following Q3 results
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06:05 EDTLOWLowe's sees FY14 EPS about $2.68, consensus $2.63
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06:04 EDTLOWLowe's reports Q3 EPS 59c, consensus 58c
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November 18, 2014
15:44 EDTLOWLowe's November 57 straddle priced for 4.2% move into Q3
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15:21 EDTLOWNotable companies reporting before tomorrow's open
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12:47 EDTLOWEarnings Preview: Lowe's shares up over 15% since last earnings report
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10:02 EDTLOWLowe's names McCanless general counsel, Chief Compliance Officer
Lowe's Companies (LOW) announced that Ross W. "Bill" McCanless will be joining the company as general counsel, secretary and chief compliance officer, effective January 12, 2015. McCanless will replace Gaither M. Keener, who announced plans to retire from the company following 30 years of service. McCanless is returning to Lowe's top legal role, a position he held from 2003 to 2006, after serving as chief legal officer, general counsel and secretary for Extended Stay America (STAY) and ESH Hospitality
09:56 EDTWMGIOn The Fly: Analyst Upgrade Summary
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07:33 EDTLOWLowe's November volatility elevated into Q3 and outlook
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07:30 EDTTSNMorgan Stanley to hold a conference
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05:35 EDTWMGIWright Medical upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Wright Medical (WMGI) to Overweight citing the recent underperformance of shares and its positive view of the Tornier (TRNX) acquisition. The firm raised its price target for shares to $37 from $36.
November 17, 2014
11:28 EDTARUNAruba Networks Q1 sales likely ahead of expectations, says Piper Jaffray
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10:29 EDTTSNTyson advances after profit beats expectations
Shares of meat producer Tyson Foods (TSN) are climbing after the company reported higher than expected profits and roughly in-line revenue. The company also made optimistic comments about the outlook for its meat products. WHAT'S NEW: Tyson reported fourth quarter earnings per share, excluding some items, of 87c, versus analysts' consensus estimate of 76c. The company's Q4 revenue of $10.11B was roughly in-line with expectations. Tyson provided fiscal 2015 EPS guidance of $3.30-$3.40, versus the consensus outlook of $3.33. However, the meat producer's fiscal 2015 revenue guidance came in at $42B, compared with the consensus outlook of $42.51B. Tyson expects its chicken segment to generate a 7%-9% return on sales over the long-term, but a return on sales of more than 10% in fiscal 2015. Hillshire Brands, which was acquired by Tyson earlier this year, should generate revenue synergies of $4B in fiscal 2015, added Tyson. Meanwhile, demand for beef is "very strong," and pork margins should be good in 2015, the meat producer stated. PRICE ACTION: In late morning trading, Tyson gained 4% to $42.34. Other meat producers also advanced, with Sanderson Farms (SAFM) rising 0.5% to $84.17 and Hormel Foods (HRL) gaining 0.6% to $54.84.
09:49 EDTTSNTyson Foods says 'very optimistic' about demand in chicken segment
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09:26 EDTTSNTyson says demand for beef 'very strong'
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09:22 EDTTSNTyson Foods trades higher after earnings, levels to watch
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09:22 EDTTSNOn The Fly: Pre-market Movers
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07:54 EDTLOWLowe's price target raised to $68 from $60 at RW Baird
Baird raised its price target on Lowe's to $68 from $60 citing the company's firming sales, solid comps, and operational improvements. Baird reiterated its Outperform rating on Lowe's, which is scheduled to release its Q3 results on November 19.
07:49 EDTARUNAruba Networks estimates appear achievable, says UBS
UBS remains a buyer of Aruba Networks ahead of its Q1 results, as the firm sees improving operational discipline and cost cutting, continuation of its product cycle, free cash flow, and new partnerships. UBS reiterated its Buy rating and $25 price target on Aruba Networks shares.
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