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Stock Market & Financial Investment News

News Breaks
March 20, 2014
10:39 EDTPXLWRumor: Pixelworks moves up on speculation of a follow-on order from Apple
News For PXLW From The Last 14 Days
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February 5, 2016
10:02 EDTPXLWOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Ashford Hospitality Prime (AHP) downgraded to Neutral from Buy at SunTrust... Cascade Microtech (CSCD) downgraded to Hold from Buy at Craig-Hallum... Cinemark (CNK) downgraded to Neutral from Outperform at Credit Suisse... ConocoPhillips (COP) downgraded to Sector Perform from Outperform at Scotia Howard Weil... Credit Suisse (CS) downgraded to Equal Weight from Overweight at Morgan Stanley... Cree (CREE) downgraded to Neutral from Overweight at JPMorgan... Deckers Outdoor (DECK) downgraded to Neutral from Buy at BofA/Merrill... Esterline (ESL) downgraded to Hold from Buy at Canaccord... GrubHub (GRUB) downgraded to Perform from Outperform at Oppenheimer... Kohl's (KSS) downgraded to Underweight from Neutral at Atlantic Equities... LINN Energy (LINE) downgraded to Sell from Hold at Stifel... LinkedIn (LNKD) downgraded to Sector Perform from Outperform at RBC Capital... LinnCo (LNCO) downgraded to Sell from Hold at Stifel... Magellan Midstream (MMP) downgraded to Neutral from Outperform at Credit Suisse... Marathon Petroleum (MPC) downgraded to Neutral from Overweight at JPMorgan... Multi-Fineline (MFLX) downgraded to Hold from Buy at Needham... NIC Inc. (EGOV) downgraded to Market Perform from Outperform at Avondale... Outerwall (OUTR) downgraded to Neutral from Overweight at Piper Jaffray... PPL Corp. (PPL) downgraded to Hold from Buy at Deutsche Bank... PennyMac Mortgage (PMT) downgraded to Equal Weight from Overweight at Barclays... Pixelworks (PXLW) downgraded to Hold from Buy at Lake Street... Qorvo (QRVO) downgraded to Sell from Neutral at Citi... Ralph Lauren (RL) downgraded to Underperform from Neutral at BofA/Merrill... TrueBlue (TBI) downgraded on macro concerns at BMO Capital... WEC Energy (WEC) downgraded to Hold from Buy at Deutsche Bank.
08:46 EDTPXLWPixelworks downgraded to Hold from Buy at Lake Street
Lake Street analyst Jaeson Schmidt downgraded Pixelworks to Hold saying the mobile revenue ramp is unlikely to offset weakness in the other businesses. The analyst sees a lack of catalysts in the near-term and cut his price target for the stock to $2.50 from $5.
February 4, 2016
17:24 EDTPXLWPixelworks sees Q1 EPS (13c)-(20c), consensus (11c)
Sees Q1 revenue $10M-$11M, consensus $12.68M. Guidance form Q4 earnings call.
16:26 EDTPXLWPixelworks reports Q4 EPS (8c), consensus (9c)
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February 1, 2016
19:09 EDTPXLWOn The Fly: After Hours Movers
UP AFTER EARNINGS: Alphabet (GOOG, GOOGL), up 5.2% and 4.7%, respectively... Mattel (MAT), up 5.6%... Anadarko Petroleum (APC), up 4%... AFLAC (AFL), up 1.5%. ALSO HIGHER: PVH Corp. (PVH), up 8.1% after giving guidance for fiscal 2015 and entering a license agreement with G-III Apparel (GIII) for Tommy Hilfiger womenswear collections. DOWN AFTER EARNINGS: Integrated Device (IDTI), down 15.8%... Rent-A-Center (RCII), down 9.6%. ALSO LOWER: Pixelworks (PXLW), down 5.7% after giving fourth quarter guidance and announcing the resignation of its CEO... PDL BioPharma (PDLI), down 14.3% after cutting its quarterly dividend to 5c per share from 15c per share.
17:09 EDTPXLWPixelworks sees 'greater than normal' Q1 seasonal weakness
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17:08 EDTPXLWPixelworks sees Q4 EPS (11c), consensus (9c)
Sees Q4 revenue $13.5M, consensus $13.99M.
17:07 EDTPXLWPixelworks says CEO Bruce Walicek resigns, Domenik to serve as interim CEO
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