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Stock Market & Financial Investment News

News Breaks
April 11, 2013
09:13 EDTMSFT, ZUMZ, BYD, AMRS, RAD, YUM, FTNT, ACAD, INTC, HPQ, PIROn The Fly: Pre-market Movers
HIGHER: ACADIA (ACAD), up 44% after its Parkinson's disease candidate approved for NDA filing by FDA... Amyris (AMRS), up 15% after publicizing study of anti-malaria drug precursor... Zumiez (ZUMZ), up 9.5% after reporting March same-store sales up 2.1%, initiated with a Buy at Topeka, upgraded to Neutral at Piper Jaffray... Boyd Gaming (BYD), up 6.7% following upgrade to Overweight at Morgan Stanley... Ross Stores (ROST), up 4.2% after reporting March same-store sales up 2%, updating Q1 guidance... UP AFTER EARNINGS: Rite Aid (RAD), up 11.5%... LOWER: Fortinet (FTNT), down 17.6%, after issuing profit warning, downgrades at Wells Fargo, Morgan Stanley, Needham and Merrill Lynch... Microsoft (MSFT), down 3.5% after downgrade to Sell at Goldman, downgrade to Neutral at Nomura. Also, IDC said PC shipments had steepest decline for single quarter its ever tracked in Q1. Hewlett-Packard (HPQ) down 6.1%, Intel down 2.5%... Yum Brands (YUM), down 2.5%, after March same-store sales in China down 13%... DOWN AFTER EARNINGS: Pier 1 (PIR), up 4.9%.
News For MSFT;HPQ;INTC;ACAD;FTNT;YUM;RAD;AMRS;BYD;ZUMZ;PIR From The Last 14 Days
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September 18, 2014
07:52 EDTYUMPizza Hut testing 30% lower calorie pie, USA Today reports
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07:35 EDTPIRPier 1 Imports downgraded to Hold from Buy at Argus
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07:04 EDTRADRite Aid cuts FY15 EPS view to 22c-33c, consensus 34c
Based upon current estimates for reimbursement rates and anticipated lower profitability from new generics and generic drugs that recently lost exclusivity, the company is expecting decreases in pharmacy margin in the second half of Fiscal 2015 as compared to its prior estimates and therefore is lowering its guidance for Adjusted EBITDA, net income and net income per diluted share. Previous EPS view was 30c-40c. Cuts FY15 high end of revenue view to $26B-$26.3B from $26B-$26.5B, consensus $26.29B. Now sees FY SSS up 3%-4% over FY14. Sees FY CapEx $525M. Sees adjusted EBITDA $1.2B-$1.275B.
07:02 EDTRADRite Aid reports Q2 EPS 13c, consensus 6c
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06:50 EDTINTCIntel, Spreadtrum may enter partnership to develop x86 products, DigiTimes says
Intel is looking to promote x86 architecture to China chip designers and may enter a partnership with Spreadtrum, reports DigiTimes Research. The cooperation would allow Intel to fill some of its empty capacity while Spreadtrum would gain advantages from Intel's advanced manufacturing processes to reduce costs. Reference Link
05:34 EDTMSFTInfosys expands partnership with Microsoft
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05:25 EDTPIRPier 1 Imports downgraded to Equal Weight from Overweight at Barclays
Barclays downgraded Pier 1 Imports to Equal Weight citing accelerating expenses and slower revenue growth following the company's Q2 earnings report. The firm lowered its price target for shares to $14 from $18. Pier 1 was also downgraded this morning at Wells Fargo.
05:23 EDTPIRPier 1 Imports downgraded to Market Perform from Outperform at Wells Fargo
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September 17, 2014
18:29 EDTPIROn The Fly: After Hours Movers
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17:04 EDTPIRPier 1 Imports falls sharply following results, levels to watch
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17:02 EDTPIRPier 1 Imports expects to exceed $400M in e-commerce sales in 2016
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16:34 EDTPIRPier 1 Imports down 9.4% after reporting Q2 results, guidance
16:10 EDTPIRPier 1 Imports sees online sales over $400M in about a year
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16:08 EDTPIRPier 1 Imports sees FY15 EPS 95c-$1.05, consensus $1.13
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16:07 EDTPIRPier 1 Imports reports Q2 EPS 10c, consensus 14c
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15:18 EDTRADNotable companies reporting before tomorrow's open
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15:18 EDTPIRNotable companies reporting after market close
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10:48 EDTPIRHigh option volume stocks
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07:35 EDTBYDImperial Capital to hold a conference
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06:39 EDTMSFTMicrosoft planning new wave of layoffs for this week, ZDNet reports
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