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Stock Market & Financial Investment News

News Breaks
February 21, 2014
05:55 EDTPANW, PANW, PANW, GTAT, GTAT, GTAT, ECYT, ECYT, ECYT, ROG, ROG, ROG, TREX, TREX, TREX, EE, EE, EENotable companies reporting before Monday's open
Notable companies reporting before Monday's open, with earnings consensus, include Palo Alto Networks (PANW), consensus 9c; GT Advanced (GTAT), consensus (35c); Endocyte (ECYT), consensus (14c); Rogers Corporation (ROG), consensus 76c; Trex Co. (TREX), consensus 7c; El Paso Electric (EE), consensus 12c.
News For PANW;GTAT;ECYT;ROG;TREX;EE From The Last 14 Days
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October 28, 2014
16:05 EDTROGRogers Corp sees Q4 adjusted EPS 64c-76c, consensus 72c
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16:04 EDTROGRogers Corp reports Q3 EPS $1.09, consensus 72c
Reports Q3 revenue $163.1M, consensus $156.5M.
12:56 EDTGTATGT Advanced says litigation against Apple would be 'expensive,' WSJ reports
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10:52 EDTPANWIT security stocks climb after FireEye upgrade, Radware outlook
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October 27, 2014
07:36 EDTTREXTrex Company board authorizes stock buyback program
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07:35 EDTTREXTrex Company Sees FY14 revenue approx. $388M, consensus $383.41M.
The company said, "For Q4, we expect net sales to reach $70M, representing year-over-year growth of 10%. This will bring our revenue for 2014 to approximately $388M, the highest sales in the Company’s history, breaking the record set last year and reflecting 13% growth from that mark. This progress exemplifies the execution of our market share advancement initiatives. Furthermore, this milestone will be a testament to the talents and dedication of the entire Trex team.”
07:34 EDTTREXTrex Company sees Q4 net sales $70M
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07:33 EDTTREXTrex Company reports Q3 EPS 28c, consensus 24c
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October 24, 2014
06:07 EDTGTATApple responds to GT Advanced's sapphire business exit, Re/code reports
Following GT Advanced's (GTAT) announcement to shut down factories in Mesa, Arizona and Salem, Massachusetts, an Apple (AAPL) spokeswoman said the company will continue evaluating GTAT's progress on larger sapphire boule development, reports Re/code. She said, "Apple put a lot of effort into an ambitious new sapphire manufacturing process with GTAT which is not ready for production. We’re going to continue evaluating GTAT’s progress on larger sapphire boule development, as well as consider other options for the facility. We remain committed to the city and we’re going to work with Mesa and Maricopa County to help the GT Advanced employees who will be impacted by this find new jobs.” Reference Link
October 23, 2014
11:25 EDTPANWInternet security names climb after Check Point, Fortinet beat expectations
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09:19 EDTGTATGT Advanced to wind down operations at Mesa facility
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October 22, 2014
10:09 EDTEEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AOL (AOL) upgraded to Buy from Hold at Evercore... ARM Holdings (ARMH) upgraded to Buy from Neutral at UBS... American Assets Trust (AAT) upgraded to Buy from Hold at MLV & Co.... American Midstream Partners (AMID) upgraded to Buy from Neutral at Ladenburg... BancorpSouth (BXS) upgraded to Neutral from Underweight at JPMorgan... Chesapeake (CHK) upgraded at UBS... Chuy's (CHUY) upgraded to Buy from Hold at Stifel... Dean Foods (DF) upgraded to Overweight from Equal Weight at Morgan Stanley... East West Bancorp (EWBC) upgraded at BMO Capital... El Paso Electric (EE) upgraded to Buy from Neutral at Ladenburg... Generac (GNRC) upgraded to Buy from Hold at KeyBanc... Gold Fields (GFI) upgraded to Overweight from Neutral at HSBC... Harmony Gold (HMY) upgraded to Neutral from Underweight at HSBC... Hess Corp. (HES) upgraded to Buy from Neutral at UBS... Hovnanian (HOV) upgraded to Market Perform from Underperform at JMP Securities... Intuitive Surgical (ISRG) upgraded to Buy from Neutral at BTIG... OMV AG (OMVKY) upgraded to Neutral from Underperform at Credit Suisse... Seaspan (SSW) upgraded to Neutral from Underperform at Credit Suisse... Sibanye Gold (SBGL) upgraded to Neutral from Underweight at HSBC... Smith & Nephew (SNN) upgraded to Overweight from Equal Weight at Barclays... Southwestern Energy (SWN) upgraded to Buy from Hold at Maxim... Steel Dynamics (STLD) upgraded to Outperform from Neutral at Macquarie... Steris (STE) upgraded to Strong Buy from Market Perform at Raymond James... Tesoro Logistics (TLLP) upgraded to Strong Buy from Outperform at Raymond James... Texas Instruments (TXN) upgraded to Outperform from Market Perform at Bernstein... Twitter (TWTR) upgraded to Hold from Sell at Hudson Square... Vanguard Natural (VNR) upgraded to Buy from Hold at Wunderlich... Volaris (VLRS) upgraded to Buy from Hold at Deutsche Bank... Wilshire Bancorp (WIBC) upgraded to Outperform from Neutral at Macquarie... Yahoo (YHOO) upgraded to Outperform from Market Perform at FBR Capital.
07:10 EDTEEEl Paso Electric upgraded to Buy from Neutral at Ladenburg
Ladenburg upgraded El Paso Electric to Buy citing earnings growth and valuation. The firm raised its price target for shares to $40.50 from $37.
06:44 EDTPANWU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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October 21, 2014
19:34 EDTGTATGT Advanced, Apple reach deal to 'wind down' sapphire plant, Philip DeWitt says
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10:29 EDTGTATGT Advanced expects settlement with Apple 'within hour,' Bloomberg reports
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07:30 EDTPANWPalo Alto price target raised to $115 from $100 at Oppenheimer
Oppenheimer raised its price target for Palo Alto Networks shares to $115 after meeting with management and reiterates an Outperform rating on the stock. The firm thinks shares can continue to move higher as the company's fundamentals remain intact.

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