New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 3, 2012
10:16 EDTINFY, DVA, RIMM, EIX, TEVA, RDS.A, QLGC, OXY, MYGN, KNXA, JNS, SJM, HMA, ELX, CNK, CF, RATEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Bankrate (RATE) downgraded to Hold from Buy at Canaccord... Bankrate (RATE) downgraded to Sector Perform from Outperform at RBC Capital... CF Industries (CF) downgraded to Neutral from Overweight at Piper Jaffray... Cinemark (CNK) downgraded to Neutral from Overweight at JPMorgan... Emulex (ELX) downgraded to Sell from Neutral at Goldman... Health Management (HMA) downgraded to Sell from Fair Value at CRT Capital... J.M. Smucker (SJM) downgraded to Equal Weight from Overweight at Stephens... Janus Capital (JNS) downgraded to Sell from Neutral at Goldman... Kenexa (KNXA) downgraded to Market Perform from Outperform at JMP Securities... Myriad Genetics (MYGN) downgraded to Neutral from Buy at Mizuho... Occidental Petroleum (OXY) downgraded to Hold from Buy at Deutsche Bank... QLogic (QLGC) downgraded to Sell from Neutral at Goldman... Regal Entertainment (RGC) downgraded to Neutral from Overweight at JPMorgan... Royal Dutch Shell (RDS.A) downgraded to Hold from Buy at Deutsche Bank... Teva (TEVA) downgraded to Neutral from Buy at UBS... Edison International (EIX) downgraded to Market Perform from Outperform at Bernstein... Research in Motion (RIMM) downgraded to Sell from Hold at Canaccord... DreamWorks (DWA) downgraded to Sell from Hold at Stifel Nicolaus... Infosys (INFY) downgraded to Neutral from Outperform at Cowen.
News For A;TEVA;EIX;RIMM;DVA;INFY From The Last 14 Days
Check below for free stories on A;TEVA;EIX;RIMM;DVA;INFY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 16, 2014
07:00 EDTTEVATeva initiated with a Neutral at Sterne Agee
Subscribe for More Information
April 15, 2014
13:29 EDTINFYInfosys FY15 guidance less than expected, says Wells Fargo
Wells Fargo says Infosys' initial FY15 revenue growth and operating margin guidance came in less than expected. The firm said it lowered its already below consensus estimates and keeps a Market Perform rating on the stock. Wells cut its price target range for shares to $51-$53 from $55-$57.
12:26 EDTTEVATeva announces launch of generic Lunesta tablets in U.S.
Subscribe for More Information
11:23 EDTINFYInfosys falls after quarterly revenue trails estimates
Shares of Infosys (INFY), which consults on business information technology and systems integration, are falling after the company's fourth quarter revenue trailed analysts' consensus estimate. WHAT'S NEW: This morning, Infosys reported fourth quarter earnings per share of 85c and revenue of $2.09B, compared to expectations of 79c and $2.11B, respectively. The company's CEO and Managing Director, S. D. Shibulal, said he was pleased that Infosys was able to double its growth rate for the full year compared to last year, though added that its performance in the last quarter of of the fiscal year had been "disappointing." The company noted that Infosys and its subsidiaries added 50 clients during the quarter and 238 during the year. Infosys forecast FY15 revenue growth of 7%-9%, compared to consensus of $9.06B. WHAT'S NOTABLE: Infosys said its board had decided to increase the dividend pay-out ratio to up to 40% of post-tax profits effective FY14. Infosys' current policy is to pay dividends up to 30% of post-tax profits. OTHERS TO WATCH: Like Infosys, Wipro (WIT) is an IT services and software solution consultant headquartered in India. Others in the business consulting space include Cognizant Technology (CTSH), IBM (IBM) and Accenture (ACN). PRICE ACTION: In late morning trading, Infosys fell $3.49, or about 6.3%, to $52.09 on nearly twice its average daily trading volume. Shares of Cognizant were down about 0.75% to $48.12, while Wipro was up about 2.6% to $13.56.
10:31 EDTINFYInfosys falls through support, levels to watch
Subscribe for More Information
10:18 EDTINFYOptions with decreasing implied volatility: BBBY INFY STZ RAD
Subscribe for More Information
09:40 EDTINFYInfosys shares fall after earnings, levels to watch
Subscribe for More Information
09:16 EDTINFYOn The Fly: Pre-market Movers
Subscribe for More Information
08:35 EDTINFYInfosys sees FY15 revenue to growth 7%-9%, consensus $9.06B
08:34 EDTINFYInfosys board recommends final dividend of 43c
Subscribe for More Information
08:33 EDTINFYInfosys reports Q4 liquid assets were $5B as on March 31
08:32 EDTINFYInfosys reports Q4 EPS 85c, consensus 79c
Subscribe for More Information
06:14 EDTINFYInfosys raises dividend pay-out ratio to 40% of post-tax profits
Subscribe for More Information
06:13 EDTINFYInfosys sees FY15 revenue up 7%-9%
Subscribe for More Information
06:12 EDTINFYInfosys reports Q4 EPS 85c, consensus 79c
Subscribe for More Information
April 14, 2014
14:33 EDTINFY Infosys April 55 straddle priced for 7.6% move into Q4
12:39 EDTINFYInfosys April volatility elevated at 92 into Q4
Subscribe for More Information
April 11, 2014
09:15 EDTINFYInfosys CEO Shibulal to retire, board commences search
Infosys announced earlier today that its board has begun the search to select the successor to Mr. S. D. Shibulal, its CEO and Managing Director. Shibulal has expressed his desire to retire as the CEO and MD of the company and as a member of the board either on the date of the last board meeting before his superannuation - January 9, 2015 or when his successor is ready to assume office, whichever date is earlier. The board said it will short list and evaluate an internal slate of candidates with the assistance of Development Dimensions International The board has also appointed Egon Zehnder, an executive search firm, to assist in identifying an external slate of candidates.
07:15 EDTINFYInfosys hires headhunter to help with new CEO search , Bloomberg says
The nominations committee of Infosys' board has hired executive search firm Egon Zehnder to begin the search for a successor to CEO S.D. Shibulal, according to Bloomberg, citing an e-mailed statement from the software-services provider. Reference Link
April 10, 2014
16:00 EDTAOptions Update; April 10, 2014
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use