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Stock Market & Financial Investment News

News Breaks
February 14, 2013
19:19 EDTQLIK, CBS, BGS, A, ACTV, LOGM, HLF, DTLK, ELLI, PGOn The Fly: After Hours Movers
UP AFTER EARNINGS: Qlik Technologies (QLIK), up 14.5% after Q4 report, CFO announced resignation... Ellie Mae (ELLI), up 8.2%... Datalink (DTLK), up 10%... ALSO HIGHER: Herablife (HLF), up 22% after Carl Icahn reported a 12.98% stake in the company. In the filing, Icahn said he believes Herbalife is a legitimate business, and said he intends to explore ways to enhance shareholder value, such as recapitalization or taking the company private... DOWN AFTER EARNINGS: LogMeIn (LOGM), down 21% after Q4 report, cutting FY13 guidance... Active Network (ACTV), down 9.3%... Agilent (A), down 7.7%... B&G Foods (BGS), down 6.9%... ALSO LOWER: CBS (CBS), down 1% after the company's Q4 earnings missed Street estimates and the company announced plans for a $1B accelerated share repurchase program... Procter & Gamble (PG), down 0.8% after the company cut its Q3 and FY13 EPS guidance following Venezuela's currency devaluation.
News For QLIK;ELLI;DTLK;HLF;LOGM;ACTV;A;BGS;CBS;PG From The Last 14 Days
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April 9, 2014
12:18 EDTPGOn The Fly: Midday Wrap
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09:03 EDTPGMars agrees to buy part of Proctor & Gamble for $2.9B
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April 7, 2014
12:00 EDTBGSB&G Foods rises 5.7%
B&G Foods is up 5.7%, or $1.79, to $33.36
10:00 EDTBGSOn The Fly: Analyst Upgrade Summary
Agios Pharmaceuticals (AGIO) upgraded to Overweight from Neutral at JPMorgan... Alcoa (AA) upgraded to Hold from Sell at Deutsche Bank... Align Technology (ALGN) upgraded to Outperform from Market Perform at Barrington... Analog Devices (ADI) upgraded to Neutral from Sell at Goldman... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Citigroup (C) upgraded to Neutral from Underweight at HSBC... Intel (INTC) upgraded to Outperform from Sector Perform at Pacific Crest... JetBlue (JBLU) upgraded to Neutral from Sell at Goldman... Kindred Healthcare (KND) upgraded to Outperform from Sector Perform at RBC Capital... Lennox (LII) upgraded to Outperform from Market Perform at Wells Fargo... Newmont Mining (NEM) upgraded to Hold from Sell at Deutsche Bank... PBF Energy (PBF) upgraded to Buy from Neutral at Citigroup... Renasant (RNST) upgraded to Outperform from Market Perform at Raymond James... Select Medical (SEM) upgraded to Outperform from Sector Perform at RBC Capital... Ultra Petroleum (UPL) upgraded to Outperform from Market Perform at Raymond James... Under Armour (UA) upgraded to Buy from Neutral at Sterne Agee... Hercules Technology (HTGC) upgraded to Buy from Hold at Sandler ONeill... Standard Pacific (SPF) upgraded to Outperform from Market Perform at Raymond James... Yelp (YELP) upgraded to Outperform from Perform at Oppenheimer... Netflix (NFLX) upgraded to Outperform from Perform at Oppenheimer... Pandora (P) upgraded to Outperform from Neutral at Wedbush.
08:27 EDTBGSB&G Foods upgraded at RBC Capital
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07:45 EDTCBSNoble Financial Capital Markets to hold a forum
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07:04 EDTPGProcter & Gamble increases quarterly dividend 7% to 64.36c per share
The Procter & Gamble Company announced that its Board of Directors declared an increase in the quarterly dividend from 60.15c to 64.36c per share on its Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the company, payable on or after May 15, to Common Stock shareholders of record at the close of business on April 25, and to Series A and Series B Preferred Stock shareholders of record at the start of business on April 25. This represents a 7% increase compared to the prior quarterly dividend.
06:29 EDTBGSB&G Foods upgraded to Outperform from Sector Perform at RBC Capital
April 4, 2014
10:02 EDTBGSOn The Fly: Analyst Upgrade Summary
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09:17 EDTBGSB&G Foods upgraded to Overweight at Stephens
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08:44 EDTBGSB&G Foods upgraded to Overweight from Equal Weight at Stephens
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07:09 EDTCBSLetterman to retire from "Late Show" next year, LA Times reports
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April 3, 2014
16:20 EDTBGSB&G Foods acquires Specialty Brands of America for $155M
B&G Foods announced that it has entered into an agreement to acquire Specialty Brands of America and related entities for approximately $155M in cash, subject to certain closing and post-closing adjustments. B&G Foods projects that following the acquisition, Specialty Brands will generate on an annualized basis after being fully integrated into B&G Foods net sales of approximately $85M and adjusted EBITDA of approximately $20M. B&G Foods intends to fund the acquisition with cash on hand and borrowings under its existing revolving credit facility. B&G Foods expects the acquisition to close during Q2 or Q3, subject to regulatory approval and the satisfaction of customary closing conditions. B&G Foods expects the deal to be immediately accretive to EPS and free cash flow.
12:42 EDTHLFEnergy drink MLM changes practices amid scrutiny of Herbalife, NY Post says
Vemma, a multilevel marketing company that makes Verve brand energy drinks, said it is changing its business practices as the Federal Trade Commission investigates Herbalife (HLF), which has a similar business model, reported The New York Post. Monster Beverage (MNST), which like Herbalife has drawn a fair amount of scrutiny from lawmakers, markets energy drinks that compete with Vemma's. Reference Link
07:48 EDTHLFChanos says 'side with the bears' on multi-level marketers
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April 2, 2014
12:00 EDTELLIEllie Mae falls 4.9%
Ellie Mae is down 4.9%, or $1.39, to $27.00
08:41 EDTLOGMPacific Crest to hold a forum
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08:40 EDTELLIEllie Mae unlikely to lose customers due to outage, says Maxim
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06:27 EDTCBSCBS management to meet with Guggenheim
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06:18 EDTCBSHulu, Comcast expected to strike deal for past NBCU shows, WSJ reports
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