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Stock Market & Financial Investment News

News Breaks
March 21, 2014
10:32 EDTPGR, ANN, ARCP, SYMC, CHSHigh option volume stocks: PGR ANN ARCP SYMC CHS
News For PGR;ANN;ARCP;SYMC;CHS From The Last 14 Days
Check below for free stories on PGR;ANN;ARCP;SYMC;CHS the last two weeks.
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September 17, 2014
10:00 EDTANNOn The Fly: Analyst Initiation Summary
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September 16, 2014
16:26 EDTANNAnn Inc. initiated with a Neutral at Wedbush
Target $43.
09:29 EDTANNAnn Inc. leveraged buyout makes sense in low-$50 range, says Janney Capital
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September 15, 2014
18:25 EDTSYMCFinjan Holdings provides update on Federal Circuit Ruling in patent case
Finjan Holdings (FNJN) provides an update on the case Finjan, Inc. v. Symantec Corp. (SYMC), Websense (WBSN), Inc., Sophos. This patent infringement suit dates back to a legacy litigation filed on July 12, 2010, in the U.S. District Court for the District of Delaware against Symantec Corp., Websense, Inc., Sophos Inc., et al. During this time, two of the five defendants settled; for the three remaining defendants, Websense, Inc., Sophos Inc., and Symantec Corp., the verdict resulted in a finding of invalidity of certain asserted claims of Finjan's patents, U.S. Patent Nos. 6,092,194 and 6,480,962, and non-infringement of same, against the three parties. Finjan's Appeal Brief was filed on December 10, 2013, and the Oral Argument was heard on September 9, 2014. The Court of Appeals for the Federal Circuit issued a decision, affirming the District Court's prior ruling with no opinion, citing Federal Circuit Rule 36. Rule 36 findings by the Court do not provide any additional insight or context into the Court's decision in the case. This CAFC ruling was the most recent outcome in the process to reverse the lower Court's finding of invalidity on claims in the two patents. The two patents in question are not at issue in any of six currently pending cases in the Northern District of California, including three separate actions involving the three remaining parties in the appeal, noted previously. "While we are disappointed with the Panel's finding, we continue to believe in the Court's ability to adjudicate complicated issues in patent cases," commented Julie Mar-Spinola, VP Legal Operations of Finjan. "The two patents in question represent a small number – two of twenty –currently involved in our licensing and enforcement program related to Finjan's pioneering cybersecurity related technologies." Finjan has also filed patent infringement lawsuits against FireEye, Inc., Blue Coat, Inc., Websense, Inc., Sophos Inc. and Symantec Corp. relating to, collectively, more than 20 patents in the Finjan portfolio. The company will continue to provide timely updates of important events relating to these matters on an on-going basis.
10:56 EDTARCPOptions with decreasing implied volatility
Options with decreasing implied volatility: TRW ULTA GTAT FIVE RH LULU LE RAX ARCP BKS
09:59 EDTARCPOn 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.
09:59 EDTSYMCOn The Fly: Analyst Downgrade Summary
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09:17 EDTANNAnn Inc. responds to Engine Capital and Red Alder
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06:52 EDTANNEngine Capital, Red Alder urge Ann to announce strategic alternatives review
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06:46 EDTARCPAmerican Realty initiated with an Overweight at JPMorgan
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06:06 EDTSYMCSymantec downgraded to Sector Perform from Outperform at RBC Capital
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September 12, 2014
09:15 EDTPGRProgressive shares attractive at current levels, says Bernstein
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September 11, 2014
14:16 EDTSYMCSymantec downgraded to Hold from Buy at Standpoint Research
10:56 EDTPGRProgressive August EPS beat expectations, says Wells Fargo
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08:41 EDTPGRProgressive reports August net premiums written up 10% $1.5B
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September 10, 2014
07:24 EDTSYMCSymantec coverage assumed with a Neutral at MKM Partners
Target $24.
September 9, 2014
09:04 EDTANNMorgan Stanley views a potential IPO of Ann Inc. as unattractive
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September 8, 2014
08:39 EDTCHSChico's FAS volatility flat into analyst meeting
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05:27 EDTCHSChico's FAS to host analyst meeting
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