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Stock Market & Financial Investment News

News Breaks
January 7, 2013
14:32 EDTNOWServiceNow shares may see sophomore slump, WSJ says
ServiceNow (NOW), which saw its stock gain 67% following a June IPO, may be facing a sophomore slump, according to a Wall Street Journal report posted last night that cites projections for slowing revenue growth and a potentially smaller market for IT-support software. Shares of ServiceNow are trading down $1.25, or 4.31%, to $27.77 in afternoon trading. Reference Link
News For NOW From The Last 14 Days
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September 15, 2014
09:59 EDTNOWOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Realty (ARCP) initiated with an Overweight at JPMorgan... Athlon Energy (ATHL) initiated with a Buy at KLR Group... Capital Product (CPLP) initiated with a Buy at Jefferies... Continental Resources (CLR) initiated with a Buy at Canaccord... Costco (COST) initiated with a Buy at Citigroup... Infinera (INFN) initiated with an Outperform at Barrington... NRG Yield (NYLD) initiated with an Outperform at RBC Capital... PTC Therapeutics (PTCT) initiated with a Buy at Deutsche Bank... Power Solutions (PSIX) initiated with an Outperform at Northland... ServiceNow (NOW) initiated with an Outperform at William Blair... Target (TGT) initiated with a Neutral at Citigroup... Team (TISI) initiated with a Neutral at Sidoti... VeriFone (PAY) initiated with a Buy at Monness Crespi... Wal-Mart (WMT) initiated with a Neutral at Citigroup... Whiting Petroleum (WLL) initiated with a Buy at Canaccord... Winnebago (WGO) initiated with an Outperform at BMO Capital.
08:49 EDTNOWServiceNow tone of business sounds strong, says JMP Securities
After meeting with ServiceNow's management, JMP Securities thinks that the company's tone of business sounds strong with two weeks left in its quarter, as its big deal pipeline is "good," according to the firm. The firm is now more confident in the company's opportunity outside of the core IT Service Management market and keeps an Outperform rating on the shares.
07:57 EDTNOWServiceNow initiated with an Outperform at William Blair
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September 9, 2014
09:49 EDTNOWServiceNow management to meet with JMP Securities
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