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Stock Market & Financial Investment News

News Breaks
May 29, 2014
18:40 EDTLGF, BNNY, RTRX, VEEV, EXPR, BLOX, NMBL, OVTI, GLUU, SPLK, CRM, AVGOOn The Fly: After Hours Movers
UP AFTER EARNINGS: OmniVision (OVTI), up 17.9% after reporting better than expected fourth quarter results and first quarter guidance above expectations... Veeva Systems (VEEV), up 6.2%... Avago (AVGO), up 1.5% after reporting quarterly results... Nimble Storage (NMBL), up 3.76%... ALSO HIGHER: Retrophin (RTRX), up 29.27% following license agreement with Mission Pharmacal for Thiola and revised guidance... salesforce.com (CRM), up 1.75% after announcing global strategic partnership with Microsoft (MSFT). DOWN AFTER EARNINGS: Infoblox (BLOX), down 28.12% after guiding below analyst estimates for fourth quarter and announcing that CEO Robert Thomas is stepping down... Annies (BNNY), down 16.86%... Splunk (SPLK), down 9.15%... Express (EXPR), down 10.27% after reporting quarterly results and announcing that it will close 50 stores over the next 36 months... Lions Gate (LGF), down 5.99%. ALSO LOWER: Glu Mobile (GLUU), down 7.4%.
News For OVTI;VEEV;AVGO;NMBL;RTRX;CRM;BLOX;BNNY;SPLK;EXPR;LGF;GLUU From The Last 14 Days
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January 27, 2015
08:38 EDTEXPRExpress share repurchases likely to resume in near-term, says Wedbush
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January 26, 2015
16:33 EDTEXPRExpress note redemption adds 11c to FY15 earnings, says Nomura
Nomura expects the redemption of the 8.75% senior notes to add 11c to Express' FY15 earnings. In addition, the firm says its recent meeting with management highlighted better than expected holiday trends. The firm calls Express shares the cheapest in its retail coverage and keeps a Buy rating on the stock with a $16 price target.
January 23, 2015
10:02 EDTCRMOn the Fly: Analyst Initiation Summary
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January 22, 2015
16:27 EDTCRMSalesforce.com initiated with an Outperform at Cowen
Target $73.
January 21, 2015
10:01 EDTEXPROn The Fly: Analyst Downgrade Summary
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07:08 EDTEXPR, EXPRExpress downgraded to Sell from Buy at CLSA
CLSA downgraded Express to Sell from Buy following the announcement that buyout talks with private-equity firm Sycamore Partners have ended and expectations apparel trends will remain weak into FY16. Price target lowered to $12.
January 20, 2015
13:08 EDTEXPROn The Fly: Midday Wrap
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10:33 EDTEXPR1981 Investments reports 9.8% stake in Express, intends to review investment
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10:21 EDTEXPRExpress weakness a buying opportunity, says Mizuho
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09:11 EDTEXPROn The Fly: Pre-market Movers
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08:08 EDTEXPRExpress, Sycamore Partners announce termination of discussions
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08:07 EDTEXPRExpress, Sycamore Partners announce termination of discussions
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07:15 EDTCRMSAP not interested in buying competitors Workday, Salesforce, Bloomberg reports
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January 16, 2015
10:01 EDTOVTIOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 21st Century Fox (FOXA) initiated with a Buy at Stifel... Arista Networks (ANET) initiated with a Neutral at Buckingham... Boston Beer (SAM) initiated with a Buy at Jefferies... Brocade (BRCD) initiated with a Neutral at Buckingham... CBS (CBS) initiated with a Buy at Stifel... Cabela's (CAB) initiated with an Outperform at Raymond James... Coach (COH) initiated with a Market Perform at Bernstein... Costco (COST) initiated with an Outperform at BMO Capital... Crane (CR) initiated with a Hold at Canaccord... Flowserve (FLS) initiated with a Neutral at Susquehanna... Fortinet (FTNT) initiated with a Buy at Buckingham... Gap (GPS) initiated with a Market Perform at Bernstein... GrubHub (GRUB) initiated with a Buy at Stifel... Imperva (IMPV) initiated with a Neutral at Buckingham... KLX Inc. (KLXI) initiated with a Sector Perform at RBC Capital... KNOT Offshore Partners (KNOP) initiated with a Buy at UBS... L Brands (LB) initiated with a Market Perform at Bernstein... Michael Kors (KORS) initiated with an Outperform at Bernstein... Northstar Realty (NRF) initiated with a Buy at Sterne Agee... OmniVision (OVTI) initiated with a Buy at Rosenblatt... Qorvo (QRVO) initiated with a Buy at Brean ... RSP Permian (RSPP) initiated with an Outperform at Northland... Ross Stores (ROST) initiated with a Market Perform at Bernstein... SPX Corp. (SPW) initiated with a Neutral at Susquehanna... TJX (TJX) initiated with an Outperform at Bernstein... Tiffany (TIF) initiated with a Market Perform at Bernstein... Viacom (VIAB) initiated with a Buy at Stifel... Xylem (XYL) initiated with a Neutral at Susquehanna... iGATE (IGTE) initiated with a Buy at Deutsche Bank... lululemon (LULU) initiated with an Outperform at Bernstein.
09:16 EDTOVTIOmniVision initiated with a Buy at Rosenblatt
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January 15, 2015
10:19 EDTEXPROptions with decreasing implied volatility
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09:38 EDTRTRXRetrophin management to meet with Deutsche Bank
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January 14, 2015
09:02 EDTLGFLionsgate renew long-term agreements with Friedman, Wachsberger
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07:18 EDTRTRXRetrophin management to meet with Deutsche Bank
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