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Stock Market & Financial Investment News

News Breaks
February 15, 2013
10:50 EDTQLIK, EQIX, KORS, NXY, ZOptions with deceasing implied volatility: QLIK EQIX KORS NXY Z
News For QLIK;EQIX;KORS;NXY;Z From The Last 14 Days
Check below for free stories on QLIK;EQIX;KORS;NXY;Z the last two weeks.
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July 24, 2014
14:03 EDTZTrulia, Zillow resume trading after volatility halts
14:00 EDTZTrulia jumps 11%, Zillow up 10% after Bloomberg report of buyout talks
13:58 EDTZTrulia could be valued as high as $2B in Zillow buyout, Bloomberg says
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13:57 EDTZZillow in talks to acquire Trulia, Bloomberg reports
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10:03 EDTEQIXOn The Fly: Analyst Downgrade Summary
Today's noteworthy initiations include: CECO Environmental (CECE) initiated with a Buy at Canaccord... CorMedix (CRMD) initiated with a Buy at Roth Capital... CyrusOne (CONE) initiated with an Equal Weight at Barclays... Dangdang (DANG) initiated with a Buy at Citigroup... Equinix (EQIX) initiated with an Equal Weight at Barclays... FactSet (FDS) initiated with a Buy at Jefferies... JMP Group (JMP) initiated with an Outperform at Barrington... Markit (MRKT) initiated with a Hold at Jefferies... Thomson Reuters (TRI) initiated with a Hold at Jefferies... Wheeler REIT (WHLR) initiated with a Buy at Maxim... Zafgen (ZFGN) initiated with an Outperform at Leerink.
06:17 EDTKORSMichael Kors watch momentum moderating, says Citigroup
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05:33 EDTEQIXEquinix initiated with an Equal Weight at Barclays
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July 22, 2014
12:53 EDTZRealPage likely being presented with strategic alternatives, says Barrington
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11:10 EDTEQIXNetflix EU expansion modestly positive for Equinix, InterXion, says Wells Fargo
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July 21, 2014
10:02 EDTQLIKOn The Fly: Analyst Upgrade Summary
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09:05 EDTKORSKors calls speculation of analyst 'heads up' false, unfounded, TheStreet says
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09:00 EDTKORSMichael Kors weakness overdone, says Morgan Stanley
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08:11 EDTQLIKQlik Technologies risk/reward favorable, says Morgan Stanley
Morgan Stanley said Qlik expectations are low and risk/reward is favorable. The firm believes the QlikView Next release will lead to improved product positioning and sales execution and creates opportunities with business users.
08:04 EDTKORSMichael Kors weakness a buying opportunity, says Topeka
Topeka said recent checks do not indicate substantial markdown or clearance activity in the Michael Kors brand, contrary to some reports. The firm would use recent weakness as a buying opportunity and reiterates its Buy rating and $117 price target.
05:28 EDTQLIKQlik Technologies upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Qlik Technologies to Overweight citing an attractive valuation and the upcoming release of QV.Next, which the firm believes could drive meaningful upside. It keeps a $31 price target for shares.
July 18, 2014
12:48 EDTZRealPage tumbles after reporting preliminary Q2 revenue miss
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11:45 EDTKORSJefferies sees further risk for Michael Kors despite recent decline
Michael Kors' (KORS) margin pressures and slowing same-store sales growth, along with high expectations for the company, are reasons to be cautious on the stock, research firm Jefferies wrote in a note to investors today. The firm cut its price target on the luxury accessories retailer to $80 from $95. WHAT'S NEW: Michael Kors' same-store sales are slowing, while the company's gross margins are coming under pressure due to increased discounts of its products and its roll out of new stores, Jefferies analyst Randal Konik wrote. Additionally, investors' high expectations for the company will make it difficult for the stock to appreciate even if its results beat expectations, the analyst stated. Even with shares pulling back over the past few days, Konik says risk remains skewed to the downside and kept a Hold rating on the stock. Of note, this is the second time in two weeks that Jefferies cut its estimates for the company. WHAT'S NOTABLE: Expressing a very different outlook yesterday on Michael Kors was Credit Suisse analyst Christian Buss. Michael Kors is "one of the least discounted brands available during the seasonal clearance period ahead of early fall shipments" according to Buss, who wrote that he was "compelled" by the recent decline in the stock. The analyst reiterated a $107 price target and Outperform rating on the shares. OTHERS TO WATCH: The company's competitors include Kate Spade (KATE) and Coach (COH). PRICE ACTION: In late morning trading, Michael Kors was nearly flat near $82 per share.
11:34 EDTKORSOptions with increasing implied volatility
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10:03 EDTQLIKOn The Fly: Analyst Initiation Summary
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07:32 EDTKORSMichael Kors price target lowered to $80 from $95 at Jefferies
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