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Stock Market & Financial Investment News

News Breaks
June 27, 2014
09:10 EDTTLYS, IG, ANAD, GLUU, AZZ, PRGS, AWRE, AMED, MTW, GMCR, DD, FINL, NKEOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Nike (NKE), up 3%... Finish Line (FINL), up 2%... AZZ Inc. (AZZ), up 6%... Progress Software (PRGS), up 10.8%. ALSO HIGHER: Manitowoc (MTW), up 9.5% after Relational Investors took an 8.52% stake in the company and urged for a spin-off of its food business... Aware (AWRE), up 16% after announcing a $1.75 per share special cash dividend... Amedisys (AMED), up 8.5% after giving Q2 guidance... Tilly's (TLYS), up 2.6% after CEO Griesemer buys 25K shares... Glu Mobile (GLUU), up 2% after upgraded at Benchmark Co... Keurig Green Mountain (GMCR), up 1.6% following upgrade to Buy from Hold at Argus. LOWER: Du Pont (DD), down 2.7% after lowering its 2014 EPS outlook... ANADIGICS (ANAD), down 13.5% after giving weaker than expected Q2 guidance and announcing a workforce reduction... IGI Laboratories (IG), down 3% after 4.65M share Secondary priced at $5.00.
News For NKE;FINL;DD;GMCR;MTW;AMED;AWRE;PRGS;AZZ;GLUU;ANAD;IG;TLYS From The Last 14 Days
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October 24, 2014
08:16 EDTIGIGI Laboratories downgraded to Neutral from Buy at Roth Capital
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October 23, 2014
16:30 EDTIGIGI Laboratories sees 2014 revenue $31.5M-$33M, consensus $29.17M
Sees 2014 net income $2M-$3M.
16:29 EDTIGIGI Laboratories reports Q3 EPS 0c, consensus (1c)
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09:22 EDTNKENike CEO 'bullish' on partnership with Apple
Nike (NKE) CEO Mark Parker made comments in an interview on Bloomberg TV. Reference Link
08:36 EDTPRGSProgress Software names Melissa Puls as Chief Marketing Officer
Progress (PRGS) announced the appointment of Melissa Puls to chief marketing officer, effective October 20, 2014. As CMO, Puls will oversee all aspects of the companyís marketing operations and communications strategy. Puls will report into Progress president and CEO, Phil Pead. Puls most recently served as the vice president of Iron Mountainís (IRM) Global Demand Center, where she led demand generation, content marketing, web marketing, marketing operations, and creative services.
08:12 EDTGMCRKeurig Green Mountain now exclusive manufacturer of Meijer Brand-K-Cup
Keurig Green Mountain announced that it is now the exclusive manufacturer of Meijer Brand K-Cup packs for the Keurig hot brewing system. Financial terms of the agreement were not disclosed. The new Meijer Brand K-Cup packs are now available exclusively at Meijer stores.
08:11 EDTMTWManitowoc remains Overweight rated at Morgan Stanley
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October 22, 2014
13:54 EDTNKENike expects womens business to reach $7B in revenue by FY17
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08:52 EDTPRGSProgress Software to host conference call
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08:32 EDTPRGSProgress Software announcse intent to acquire Telerik for $262.5M
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October 21, 2014
17:05 EDTAWREAware reports Q3 EPS 11c vs (5c) in Q313
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15:32 EDTDDU.S. EPA approves DuPont's Formacel 1100
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12:21 EDTDDHoneywell responds to EC statement of objections
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10:27 EDTDDDuPont aims to defend itself 'vigorously' against EC investigation
DuPont (DD) Chemicals & Fluoroproducts president Thierry Vanlancker commented on the European Commission's Statement of Objections. Vanlancker said, "DuPont has complied at all times with applicable laws in its development and commercialization of HFO-1234yf, and we plan to defend vigorously against the commission's allegations and preliminary conclusions. This is one step in a long process, and while it may take years to be resolved, we are confident that the Commission will ultimately conclude that actions taken by DuPont complied with applicable laws. We will fight this every step of the way, as it has no basis in law or fact. We are disappointed in the European Commission and in the process leading up to this point. DuPont and Honeywell (HON)developed HFO-1234yf jointly in response to the European Union's Mobile Air Conditioning Directive. This regulation requires automakers to use a refrigerant with very low global warming potential for vehicle air-conditioning systems. The regulatory timeframe was short considering the significant challenges of developing and commercializing a refrigerant that meets all the automotive industry's needs. This short timeframe was a primary reason for DuPont and Honeywell working jointly to develop HFO-1234yf. Regardless of the Statement, the EU MAC Directive remains in full force today, with all new vehicles required to use a refrigerant with a GWP of under 150 by January 2017."
09:04 EDTDDSunCoke Energy names Fay West as SVP, CFO
SunCoke Energy (SXC) and SunCoke Energy Partners, L.P. (SXCP) announced that Fay West has been promoted to SVP and CFO of both companies, reporting directly to Fritz Henderson, SunCokeís Chairman and CEO. Fay was previously Vice President and Controller. This appointment is effective October 27. Mark E. Newman, SVP and CFO, has accepted the position of SVP and CFO of DuPontís (DD) new Performance Chemicals Company.
07:32 EDTFINLFinish Line names Samuel Sato as president
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October 20, 2014
08:11 EDTFINLFinish Line management to meet with Deutsche Bank
Meeting to be held in New York on October 20 hosted by Deutsche Bank.
07:15 EDTAWREAmerican Academy of Child & Adolescent Psychiatry to hold annual meeting
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October 17, 2014
08:03 EDTGMCRKeurig receives notification from SEC regarding closing inquiry
Keurig Green Mountain announced it has received notification from the Securities and Exchange Commission that it is closing the previously disclosed four-year inquiry into accounting and disclosure matters at the company and would not be recommending any enforcement action against the company or any of its current or former employees.
October 16, 2014
14:13 EDTDDU.S farmers use less fertilizer this autumn as crop prices fade, Reuters says
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