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Stock Market & Financial Investment News

News Breaks
November 9, 2011
14:38 EDTCSCO, ACAD, MNTX, DVOX, ANW, NDN, RWC, MAKO, CWCO, AAP, PEGA, LGL
theflyonthewall.com: Companies reporting After the Market Close on Wednesday, November 9
Notable companies reporting after the closing bell include 99 Cents Only (NDN), Acadia Pharma (ACAD), Advance Auto Parts (AAP), Aegean Marine (ANW), Cisco Systems (CSCO), Consolidated Water (CWCO), Dynavox (DVOX), LGL Group (LGL), Mako Surgical (MAKO), Manitex International (MNTX), Pegasystems (PEGA), and Relm Wireless (RWC). :theflyonthewall.com



News For NDN;ACAD;AAP;ANW;CSCO;CWCO;DVOX;LGL;MAKO;MNTX;PEGA;RWC From The Last 14 Days
Check below for free stories on NDN;ACAD;AAP;ANW;CSCO;CWCO;DVOX;LGL;MAKO;MNTX;PEGA;RWC the last two weeks.
There are 49 items on the Fly with pertinent information.
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May 25, 2012
11:47 EDTCSCO
theflyonthewall.com: Cisco to participate in a conference calll with Morningstar

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11:20 EDTCSCO
theflyonthewall.com: Cisco participates in a conference call with Morgan Stanley
Morgan Stanley's Ehud Gelbum and Cisco's Vice President & Service Provider Chief Architect, David Ward, discuss Cisco's vision, strategy and perspective on SDN in a webcast to be held on May 30 at 11 am. Webcast Link :theflyonthewall.com

May 24, 2012
23:50 EDTMAKO
theflyonthewall.com: Jim Cramer's "Mad Money"
According to Jim Cramer, markets appear rigged, and the only losers appear to be the shareholders. Cramer questions....Was the Facebook (FB) IPO fair? With news that Morgan Stanley (MS) may have alerted some of its biggest customers about slowing growth at the company, it appears not. Were investors at J.P. Morgan Chase (JPM) misled by CEO Jamie Dimon, who repeatedly said things were going great even though the company was in the process of losing $5B? It appears so, Cramer says. Cramer said it gets even worse: Both Morgan Stanley and J.P. Morgan will use shareholder money to investigate and defend themselves against any wrongdoing -- and to pay the fines, too. Cramer said companies get away with stunts like this because the system is broken and Washington isn't doing anything to fix it. Cramer said the bad apples on Wall Street must pay for their actions, and that will only happen if the government starts targeting them directly. Next, Cramer wasn't done with suggestions for J.C. Penney (JCP) CEO Ron Johnson on how to revive the ailing retailer. After comparing J.C. Penney's turnaround attempt to that of Pier 1 Imports (PIR) on Monday, Cramer then compared Penney to the turnaround in Chico's FAS (CHS). Chico's reshuffled its merchandise and took the rare step of raising prices in order to attract its core, older customers while shunning a younger demographic. This strategy worked. Chico's reported a 21% pop in yoy revenue with a 9.6% increase in same store sales. Cramer concluded. J.C. Penney needs to stop pandering to Wall Street and get to work on the almost impossible task of a retail turnaround. Investors need to play defense with their portfolios, Cramer told viewers. That means high-quality domestic companies with no exposure to the trials and tribulations of Europe and a juicy dividend yield. B&G Foods (BGS) is one such company. It has the unique talent of being able to reinvigorate brands. In an environment where commodity costs are falling, Cramer said that B&G, with its excellent balance sheet and great gross margins, is in a terrific position to surprise Wall Street. Shares trade at just 15x earnings and the company has a 12% long-term growth rate. SELL BLOCK: Cramer highlighted several stocks that investors need to avoid at all costs. Best Buy (BBY) has a broken business model. First Solar (FSLR) government subsidies are drying up quick. Cramer also put three stocks in the penalty box, saying investors need to wait at least one quarter before pulling the trigger. He said Mako Surgical (MAKO) stumbled in its last quarter, so he needs to see whether bigger problems exist. The same applies to Deckers Outdoor (DECK) where the company's Ugg boots may or may not be making a comeback. Finally, Cramer thinks Fossil (FOSL), which is levered to Europe, is another wait-and-see situation. In a special interview, Cramer sat down with CNBC colleague David Faber to discuss Faber's latest documentary on J. Crew (JCG) CEO Millard Drexler, which debuts Thursday evening. Faber said Drexler, while unknown to many, is one of the greatest retailers of our generation. He said Drexler's work turning around Gap (GPS) would have been noteworthy enough, but Drexler has continued to innovate and succeed in the cut-throat retail world. LIGHTNING ROUND: (Bullish) V; KOG ; EA. (Bearish) GLW; FB; TVIX; GME; C. Reference Link :theflyonthewall.com
09:13 EDTACAD
theflyonthewall.com: Acadia Pharmaceuticals initiated with a Buy at Roth Capital

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May 23, 2012
16:28 EDTCWCO
theflyonthewall.com: Consolidated Water to expand retail water operations with Bahamas joint venture

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07:19 EDTMAKO
theflyonthewall.com: MAKO Surgical sell-off a buying opportunity, says Goldman

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May 22, 2012
08:32 EDTRWC
theflyonthewall.com: Relm Wireless receives $1M military order for KNG UHF portable radios

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07:52 EDTACAD
theflyonthewall.com: Acadia Pharmaceuticals to host a webinar

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May 21, 2012
08:07 EDTCSCO
theflyonthewall.com: RGB Networks, BlackArrow enable targeted advertising delivery for TV Everywhere

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May 18, 2012
08:14 EDTMAKO
theflyonthewall.com: BofA/Merrill's medtech analyst research team holds a conference call

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08:08 EDTAAP
theflyonthewall.com: Advance Auto Parts target lowered to $82 from $99 at RBC Capital
RBC Capital reduced its target on Advance Auto after the company reported lower than expected Q1 EPS. The firm maintains a Sector Perform rating on the shares. :theflyonthewall.com
08:07 EDTCSCO
theflyonthewall.com: BlackArrow selected by Time Warner Cable

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07:02 EDTAAP
theflyonthewall.com: Advance Auto Parts shares recommended at Raymond James

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May 17, 2012
16:23 EDTAAP
theflyonthewall.com: On The Fly: Closing Wrap
Stocks on Wall Street were lower on the day. Stock futures traded around fair value for most of the pre-market trading session, leading to a relatively quiet open for the broader market. The nearly in line jobless claims data had little effect on the market. The averages dropped following worse than expected data on manufacturing from the Philly Fed and an unexpected decline in the leading economic indicators. The averages never really gained any upside momentum as the market’s losing streak continued for another day… ECONOMIC EVENTS: In the U.S., the number of people seeking unemployment benefits was unchanged last week at 370,000, versus expectations for a decline to 365,000. The leading economic indicators declined 0.1%, versus an expected increase of 0.1%. The Philly Fed survey had a reading of -5.8, versus expectations for a reading of +10.0. In Europe, worries about the health of Spain's banks resurfaced on a report that customers at Bankia had withdrawn more than EUR1B from their accounts in the past week. Meanwhile, Fitch ratings agency downgraded Greece deeper into junk territory... COMPANY NEWS: Wal-Mart (WMT) surged 4.21% higher after its earnings and revenue beat expectations and its forecast for next quarter was about in line with consensus at the mid-point... MAJOR MOVERS: Among the notable gainers were Ctrip.com International (CTRP), up $1.26, or 6.41%, to $20.91, after it posted a sharp rise in its Q1 revenue, and SunPower (SPWR), up 51c, or 10.04%, to $5.59, as Apple (AAPL) got approval for a major solar project in North Carolina and the U.S. set duties on Chinese solar imports... Noteworthy losers included Advance Auto Parts (AAP), down $13.93, or 16.97%, to $68.17, after its earnings missed estimates and the company said it sees 2012 same store sales growth in the low single digits, and MEMC Electronic Materials (WFR), down 47c, or 22.07%, to $1.66, following the resignation of its Chief Financial Officer... INDICES: The Dow lost $156.06, or 1.24%, to $12,442.49; the Nasdaq fell $60.35, or 2.10%, to $2,813.69; and the S&P 500 dropped $19.94, or 1.51%, to $1,304.86. :theflyonthewall.com
12:23 EDTAAP
theflyonthewall.com: On The Fly: Midday Wrap

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12:00 EDTAAP
theflyonthewall.com: Advance Auto Parts falls 14.6%

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10:24 EDTAAP
theflyonthewall.com: Advance Auto Parts sees decline in y/y operating income dollars during Q2

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10:24 EDTAAP
theflyonthewall.com: Advance Auto Parts says sees Q2 SSS flat to negative low single digits

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10:00 EDTAAP
theflyonthewall.com: Advance Auto Parts falls 15.4%

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09:53 EDTAAP
theflyonthewall.com: Advance Auto Parts downgraded to Hold from Buy at Deutsche Bank
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09:44 EDTAAP
theflyonthewall.com: Advance Auto Parts gaps down sharply and runs, support is at $69.66, $68.79

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09:25 EDTAAP
theflyonthewall.com: Advance Auto Parts removed from Most Preferred List at UBS

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09:05 EDTPEGA
theflyonthewall.com: Pegasystems and Ness Technologies announce expanded global alliance

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09:00 EDTAAP
theflyonthewall.com: Advance Auto Parts falls 11.1%

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08:38 EDTAAP
theflyonthewall.com: Advance Auto Parts sees 2012 SSS in low single digits

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08:37 EDTAAP
theflyonthewall.com: Advance Auto Parts still sees 2012 EPS $5.55-$5.75, consensus $5.97
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08:36 EDTAAP
theflyonthewall.com: Advance Auto Parts reports Q1 SSS up 2.1%
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08:36 EDTAAP
theflyonthewall.com: Advance Auto Parts reports Q1 EPS $1.79, consensus $1.81

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06:34 EDTMAKO
theflyonthewall.com: MAKO Surgical pullback offers buying opportunity, says Piper Jaffray
Piper Jaffray sees no fundamental change in MAKO Surgical's growth prospects and continues to view the stock as one of its top recommendations for 2012. Piper thinks confusion and concerns over several issues have led to the stock sell-off, but says it remains an aggressive buyer of the stock. The firm reiterates an Overweight rating on MAKO with a $49 price target. :theflyonthewall.com

May 16, 2012
16:23 EDTANW
theflyonthewall.com: Aegean Marine reports Q1 EPS 9c, consensus 11c

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14:39 EDTANW
theflyonthewall.com: Companies reporting After the Market Close on Wednesday, May 16

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14:39 EDTAAP
theflyonthewall.com: Companies reporting Before the Market Open on Thursday, May 17

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10:33 EDTCSCO
theflyonthewall.com: On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Akamai (AKAM) upgraded to Neutral from Sell at Citigroup... Cisco (CSCO) upgraded to Overweight from Equal Weight at Barclays... Fossil (FOSL) upgraded to Buy from Neutral at Citigroup... Hollysys Automation (HOLI) upgraded to Buy from Neutral at Roth Capital... PepsiCo (PEP) upgraded to Outperform from Underperform at CLSA... Rowan Companies (RDC) upgraded to Outperform from Neutral at Macquarie... SandRidge Energy (SD) upgraded to Hold from Sell at Canaccord... Seadrill (SDRL) upgraded to Buy from Neutral at Citigroup... Simpson Manufacturing (SSD) upgraded to Neutral from Underperform at RW Baird... TE Connectivity (TE) upgraded to Outperform from Neutral at Macquarie... Weatherford (WFT) upgraded to Overweight from Neutral at JPMorgan... Dunkin' Brands (DNKN) upgraded to Buy from Hold at Argus... Total (TOT) upgraded to Equal Weight from Underweight at Morgan Stanley. :theflyonthewall.com
05:52 EDTCSCO
theflyonthewall.com: Cisco upgraded to Overweight from Equal Weight at Barclays

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May 15, 2012
16:42 EDTCSCO
theflyonthewall.com: Third Point reports new stakes in Cisco, Apple

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11:46 EDTDVOX
theflyonthewall.com: DynaVox downgraded to Neutral from Buy at Dougherty

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10:14 EDTDVOX
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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09:00 EDTDVOX
theflyonthewall.com: DynaVox falls 8.7%

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08:31 EDTRWC
theflyonthewall.com: Relm Wireless awarded $2M order from Harris County, Texas

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07:56 EDTCSCO
theflyonthewall.com: JP Morgan to host a conference
40th Annual Global Technology, Media & Telecom Conference is being held in Boston on May 15-17 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link :theflyonthewall.com
06:23 EDTCSCO
theflyonthewall.com: Labor, power shortages could turn worse as notebook demand rises, DigiTimes says

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06:21 EDTCSCO
theflyonthewall.com: Qualcomm Snapdragon shortage forcing vendors to other options, DigiTimes says

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06:17 EDTCSCO
theflyonthewall.com: Smartphones, tablets to propel mobile memory market growth, DigiTimes says

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05:43 EDTDVOX
theflyonthewall.com: DynaVox downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded DynaVox citing a lack of growth following the company's Q3 results and lowered its price target for shares to $2.30 from $5.00. :theflyonthewall.com

May 14, 2012
16:16 EDTDVOX
theflyonthewall.com: DynaVox reports adjusted Q3 EPS 6c , consensus 8c

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10:28 EDTAAP
theflyonthewall.com: Advance Auto Parts gaps down, prior bullish gap being filled, support at $80.39

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09:34 EDTAAP
theflyonthewall.com: Advance Auto Parts downgraded Neutral at Cleveland Research

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06:39 EDTMAKO
theflyonthewall.com: Stocks with implied volatility below IV index mean; GMCR MAKO

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May 13, 2012
16:18 EDTCSCO
theflyonthewall.com: Cisco and Intel's views on IT spending clash, Barron's reports
When CEO John Chambers blamed Cisco's (CSCO) earnings miss last Wednesday on weakened corporate tech spending, his comments whipsawed tech investors and stocks. Indeed, much of Cisco's woes can be blamed on Europe, which is a big spender on business software, services, and networking gear. That is especially true of Europe's governments, which might explain Chambers' more negative view of corporate spending, Barron's reports. But apparently, Chambers hadn't checked with Intel (INTC) CEO Paul Otellini, who sees no change in IT spending. Intel is less reliant on Europe and more dependent on emerging markets in China, India, and Brazil, which probably explains why Otellini isn't feeling Chambers' pain, the periodical notes. Reference Link :theflyonthewall.com