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Stock Market & Financial Investment News

News Breaks
June 26, 2013
18:52 EDTPRGS, BGCP, PAYX, MLHR, CLWR, DISH, BKSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Progress Software (PRGS), up 9.3%. ALSO HIGHER: BGC Partners (BGCP), up 1.5% after the company said it sees second quarter revenue in-line with expectations. DOWN AFTER EARNINGS: Paychex (PAYX), down 2.6%... Herman Miller (MLHR), down 3.7%. ALSO LOWER: Clearwire (CLWR), down 2.1% to $4.98 per share after Dish (DISH) withdrew its tender offer for the company... Barnes & Noble (BKS), down 0.6% after the company disclosed it will not file its Form 10-K with the SEC on time.
News For PRGS;BGCP;PAYX;MLHR;CLWR;DISH;BKS From The Last 14 Days
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October 2, 2014
07:43 EDTDISHFCC outlines estimated compesation for broadcasters in incentive auction
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October 1, 2014
16:50 EDTPRGSChesapeake Utilities sells BravePoint subsidiary for about $12M cash
Chesapeake Utilities (CPK) announced that it has sold its BravePoint subsidiary, a provider of advanced information technology services and solutions, to Progress Software (PRGS) for approximately $12M in cash, which represents approximately 0.63 times BravePoint's 2013 revenues. BravePoint's expertise and solid reputation in the markets it serves makes Progress an excellent strategic fit for BravePoint's business. Chesapeake will initially use the proceeds to retire a portion of its short-term debt, but plans to reinvest all of the proceeds in its regulated and unregulated energy businesses within the next 12 months. The transaction will have a significant positive impact on 2014 earnings. It is also expected to have a positive impact on Chesapeake's earnings in the year 2015 and beyond from the successful redeployment of the proceeds. The redeployment is expected to generate results that exceed the earnings contribution by BravePoint over the last 12 months.
12:01 EDTPRGSProgress Software acquires BravePoint from Chesapeake Utilities
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September 29, 2014
16:34 EDTBGCPBGC Partners sees Q3 revenue about $410M-$435M, consensus $426.84M
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September 25, 2014
18:21 EDTPRGSOn The Fly: After Hours Movers
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16:18 EDTPRGSProgress Software reports Q3 EPS 39c vs.27c
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15:29 EDTPRGSNotable companies reporting after market close
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08:39 EDTPAYXGoldman says to buy Paychex following the solid quarter
Goldman said to buy Paychex following the solid quarter and notes payroll services revenues accelerated, double digit HR services growth, and positive momentum in new unit sales. The firm believes market concerns regarding increasing competition from cloud vendors is overdone and recommends buying shares for further acceleration. Shares are Conviction Buy rated with a $50 price target.
September 24, 2014
09:17 EDTDISHComcast accuses TWC deal opponents of extortion, Re/code reports
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08:35 EDTPAYXPaychex sees FY15 payroll services revenue 3%-5%
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08:32 EDTPAYXPaychex reports Q1 Human Resources Services revenue $234.8M
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08:31 EDTPAYXPaychex reports Q1 EPS 47c, consensus 46c
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September 23, 2014
17:04 EDTBGCPGFI, BGC Partners merger talks slowed by confidentiality dispute, Bloomberg says
GFI Group (GFIG) and BGC Partners (BGCP) are bogged down in a disagreement over confidentiality that is delaying formal talks for their proposed merger, says Bloomberg, citing a person familiar with the matter. Reference Link
15:27 EDTPAYXNotable companies reporting before tomorrow's open
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14:46 EDTPAYXPaychex technical remarks before earnings
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September 19, 2014
12:00 EDTPRGSTIBCO slumps after Q3 earnings miss, weaker than expected Q4 outlook
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September 18, 2014
07:33 EDTBGCPUBS to hold a conference
FinTech Conference to be held in New York on September 18.
05:28 EDTBKSBarnes & Noble NOOK Press partners with The Bookseller
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