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Stock Market & Financial Investment News

News Breaks
November 14, 2012
16:43 EDTADSK, NXY, WCC, MDLZ, SYMCThird Point reports new stakes in Mondelez, Nexen, Symantec, WESCO, Autodesk
News For MDLZ;NXY;SYMC;WCC;ADSK From The Last 14 Days
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December 18, 2014
09:32 EDTWCCWESCO upgraded to Positive from Neutral at Susquehanna
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07:47 EDTWCCWESCO price target lowered to $90 from $95 at UBS
UBS lowered its price target on WESCO to $90 from $95 to reflect guidance that was below the Street's estimates. UBS maintained its Buy rating on WESCO shares.
07:26 EDTWCCWESCO outlook not as bad as feared, says RBC Capital
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December 17, 2014
10:02 EDTSYMCOn The Fly: Analyst Downgrade Summary
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09:09 EDTWCCWESCO authorizes $300M share repurchase program
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09:07 EDTWCCWESCO sees FY15 EPS $5.50-$5.90, consensus $6.06
FY15 sales growth estimated in the range of 3%-6%, consensus $8.37B. Sees FY15 free cash flow to be approximately 80% of net income. CEO John Engel said, "Our acquisition pipeline remains robust, and we see excellent ongoing opportunities to strengthen our electrical core and broaden our portfolio of products and services."
09:06 EDTWCCWESCO sees FY14 EPS at lower end of $5.25-$5.35 range, consensus $5.28
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05:40 EDTSYMCSymantec downgraded to Market Perform from Outperform at William Blair
William Blair downgraded Symantec to Market Perform citing valuation as it believes upside from the company's business split is largely reflected in shares at current levels.
December 16, 2014
09:59 EDTADSKOn The Fly: Analyst Downgrade Summary
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08:26 EDTADSKAutodesk downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Autodesk to Underperform from Neutral. The analyst believes Autodesk shares are piced to perfection and said it is unclear how the planned perpetual license phase-out is progressing. Price target is $56.
08:10 EDTADSKAutodesk a top pick for 2015, says Cowen
Cowen highlighted Autodesk as a top pick for 2015 as the company implements a plan to steer its customers to subscription offerings, which should lead to a wave of perpetual buying in the upcoming years. Cowen reiterated its Outperform rating and $73 price target on Autodesk shares.
06:06 EDTADSKAutodesk downgraded to Underperform from Neutral at BofA/Merrill
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December 11, 2014
09:04 EDTWCCWESCO to host conference call
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December 8, 2014
09:03 EDTWCCConcurrent announces strategic agreement with WESCO division
Concurrent (CCUR) announced a strategic agreement with TVC Communications, a division of WESCO Distribution (WCC), to resell Concurrent’s UpShift Unified Content Delivery Solution to customers throughout the Caribbean and Latin America.
December 4, 2014
06:48 EDTSYMCSony denies North Korea identified as source of hack, NY Times says
Sony's (SNE) Sony Pictures unit said Re/code's report which stated that North Korea had been identified as the source of the cyber attack on the unit was not accurate, according to The New York Times. Sony Pictures and the FBI are continuing to identify the incident, the newspaper added. Publicly traded cybersecurity companies include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC).Reference Link

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