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Stock Market & Financial Investment News

News Breaks
March 11, 2014
08:25 EDTLGF, LGF, BRCD, BRCD, SLH, SLH, ELX, ELX, DGI, DGI, HMHC, HMHC, MODN, MODN, JCOM, JCOM, VECO, VECO, MCO, MCO, IMAX, IMAX, CSCO, CSCO, PJC, PJCPiper Jaffray to hold a conference
Technology, Media & Telecomunications Conference is being held in New York on March 11-12 with webcasted company presentations to begin on March 11 at 8:25 am; not all company presentations may be webcasted. Webcast Link
News For PJC;CSCO;IMAX;MCO;VECO;JCOM;MODN;HMHC;DGI;ELX;SLH;BRCD;LGF From The Last 14 Days
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October 13, 2014
15:24 EDTPJCNotable companies reporting before tomorrow's open
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10:08 EDTDGIOn The Fly: Analyst Initiation Summary
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07:43 EDTDGIDigitalGlobe initiated with an Overweight at Morgan Stanley
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October 12, 2014
17:20 EDTCSCOGE, Splunk, Cisco, others could benefit from Internet of Things, Barron's says
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October 10, 2014
10:01 EDTELXOn The Fly: Analyst Upgrade Summary
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08:09 EDTELXEmulex upgraded to Neutral from Underperform at DA Davidson
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October 9, 2014
13:39 EDTCSCOCisco denies rumors that it will stop investing in VCE JV, The Register reports
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13:37 EDTCSCOCisco may end further investment in VCE JV, CRN reports
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12:31 EDTELXSetanta Asset reports 10.1% passive stake in Emulex
11:59 EDTHMHCLazard reports 5.67% passive stake in Houghton Mifflin
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11:25 EDTCSCOCisco and TCL to set up $80M China cloud joint venture, Reuters reports
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07:12 EDTLGFLionsgate outlook has improved, says Stifel
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06:52 EDTCSCOTechnology producer settles China facility demonstrations, Reuters says
Hon Hai Precision Industry confirmed that it had settled a demonstration which involved close to 1K staff members at its Chongqing plant in China, and noted that manufacturing at the facility was not affected by the strike, according to Reuters, citing a statement from the company. Hon Hai constructs Apple (AAPL) products, as well as HP (HPQ) and Cisco (CSCO) computers and servers. The Chongqing facility isn't listed by Apple as one of its certified suppliers. Reference Link
October 8, 2014
10:15 EDTSLHSolera rated a Strong Sell at Off Wall Street
Off Wall Street named Solera a Strong Sell with a $39 price target due to accounting issue concerns, market share loses, and secular declines in auto volumes.
09:38 EDTCSCOCisco breakup would not create much value, says Citigroup
Citigroup says its analysis shows that a breakup of Cisco would not create much more value than the current share price. With CEO John Chambers' likely retirement next year, however, Citi thinks the Cisco board is likely to at least entertain the option of a split. The firm sees a low probability of a breakup taking place and keeps a Sell rating on Cisco shares. Citi upped its price target for the stock to $22 from $20.50. Citi's analysis of Cisco follows breakup decisions by HP (HPQ) and JDSU (JDSU) and Bloomberg's report this morning that Symantec (SYMC) is in advanced talks to split into two separate companies. This report corrects the rating on Cisco shares to Sell.
09:05 EDTLGFLionsgate partners with Doritos, Mazda and Whole Foods Market for new film
Lionsgate (LGF) announced that PepsiCo's (PEP) Doritos, Mazda and Whole Foods Market's (WFM) Whole Planet Foundation will partner with the studio for the film The Hunger Games: Mockingjay Part 1 which opens in theaters worldwide on November 21.
06:35 EDTCSCOCisco's reorganization affects up to 25,000 employees, Business Insider reports
Cisco's reorganization of its routing and switching engineering business could affect up to 25,000 employees, reports Business Insider. Citing sources in Silicon Valley, the reorganization involves massive changes for the unit, moving from individual teams to two big overarching teams with one group focused on software and the other on hardware. Due to the changes, sources say a lot of senior employees have begun send out resumes. Reference Link
October 7, 2014
09:03 EDTLGFLionsgate expands distribution deal with Miramax
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07:36 EDTCSCOCisco unlikely to split-up despite speculation, says UBS
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06:52 EDTCSCOAruba Networks may be displacing Cisco in some verticals, says RBC Capital
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