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Stock Market & Financial Investment News

News Breaks
January 9, 2013
09:36 EDTMGMistras downgraded to Equal Weight from Overweight at Stephens
News For MG From The Last 14 Days
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October 7, 2015
19:16 EDTMGOn The Fly: After Hours Movers
UP AFTER EARNINGS: Mistras Group (MG), up 16.3%. HIGHER: Lumber Liquidators (LL), up 11% after announcing a settlement related to the Lacey Act investigation... Chemours (CC), up 2.3% after Bloomberg reported that Apollo Global Management may be exploring a buyout of the company... Nivalis Therapeutics (NVLS), up 16.2% after reporting topline Phase 1b data on N91115 for cystic fibrosis... Zumiez (ZUMZ), up 3.8% after reporting September net sales. DOWN AFTER EARNINGS: Deutsche Bank (DB), down 6.5%. ALSO LOWER: Cardiovascular Systems (CSII), down 15.8% after providing first quarter guidance... Ocean Rig UDW (ORIG), down 11.1% after receiving notice of a material breach for the Ocean Rig Mylos contract... Newtek Business Services (NEWT), down 3.4% after filing to sell 2M shares of common stock.
16:05 EDTMGMistras backs FY16 revenue view of $710M-$725M, consensus $716.9M
The company previously established its revenue guidance at $710M-$725M and adjusted EBITDA guidance at $72M-$78M. Mistras said: "The company's first quarter revenues exceeded its expectations. However, considering the prior year's strong second quarter comparison and the uncertain market conditions, the company is maintaining its revenue guidance at this time. The company's first quarter profits also exceeded its expectations, and it now expects that profit levels for the year will be at the higher end of this guidance range."
16:03 EDTMGMistras reports authorization to repurchase up to $50M of stock
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16:02 EDTMGMistras reports Q1 EPS 23c, consensus 9c
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14:51 EDTMGNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Mistras Group (MG), consensus 9c... Resources Connection (RECN), consensus 16c.

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