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Stock Market & Financial Investment News

News Breaks
December 5, 2012
10:00 EDTKOG, CIE, RATE, WWAV, RAX, HON, CLR, SRE, WLL, LTD, CMI, CXO, OAS, SNOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Bankrate (RATE) initiated with a Buy at Needham... Cobalt (CIE) initiated with a Buy at UBS... Concho Resources (CXO) initiated with a Buy at UBS... Continental Resources (CLR) initiated with a Buy at UBS... Cummins (CMI) initiated with an Outperform at RW Baird... Honeywell (HON) initiated with a Buy at Stifel Nicolaus... Kodiak Oil & Gas (KOG) initiated with a Buy at UBS... Limited (LTD) initiated with a Market Perform at FBR Capital... Rackspace (RAX) initiated with an Overweight at JPMorgan... Sanchez Energy (SN) initiated with a Sector Perform at RBC Capital... WhiteWave Foods (WWAV) initiated with an Overweight at JPMorgan... Whiting Petroleum (WLL) initiated with a Buy at UBS... WhiteWave Foods (WWAV) initiated with a Buy at SunTrust... Oasis Petroleum (OAS) initiated with a Buy at Global Hunter... Sempra Energy (SRE) initiated with a Buy at Tudor Pickering.
News For RATE;CXO;CLR;CIE;CMI;HON;KOG;LTD;RAX;SN;WLL;WWAV;OAS;SRE From The Last 14 Days
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May 22, 2013
16:32 EDTLTDL Brands sees FY13 EPS $2.95-$3.15, consensus $3.14
16:32 EDTLTDL Brands sees Q2 EPS 50c-55c, consensus 53c
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16:32 EDTLTDL Brands reports Q1 EPS 48c, consensus 46c
ReportsQ1 revenue $2.27B, consensus $2.26B. Reports Q1 SSS up 3%.
15:28 EDTLTDNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Hewlett-Packard (HPQ), consensus 81c; Limited Brands (LTD), consensus 46c; Workday (WDAY), consensus (18c); PetSmart (PETM), consensus 96c; Synopsys (SNPS), consensus 63c; HEICO (HEI), consensus 40c.
10:01 EDTRAXRackspace calls active on renewed takeover chatter
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09:44 EDTRAXRumor: Rackspace moves up on renewed takeover chatter
09:09 EDTWLLHouse Natural Resources Committee to hold a legislative hearing
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07:15 EDTLTDL Brands June volatility elevated into Q1 and revenue outlook
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May 21, 2013
19:57 EDTCMICummins shares still attractive, Barron's says
Cummins' engines account for 40% of the heavy-duty trucks produced in North America, and though shares of the company have gained 35% since Barron's first highlighted the company in 2011, at 12 times forward earnings, shares of Cummins still look attractive, says Barron's Inside Scoop. Reference Link
15:40 EDTRAXRackspace files to sell 108,645 shares of common stock for holders
08:20 EDTSRESenate Energy & Natural Resources Committee to hold a forum
The Committee holds a forum entitled, "Domestic Supply & Exports" which will examine estimates of domestic supply and the potential benefits or unintended consequences caused by expansion of natural gas exports. Participants include VP Vidas of ICF International (ICFI), SVP Simoes of Sempra Energy (SRE), VP Outtrim of Cheniere Energy (LNG) at the forum being held on May 21 at 10 am. Webcast Link
07:36 EDTCXOUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
06:18 EDTHONHoneywell selected by Pilatus Aircraft fir OC-24 cockpit avionics
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May 20, 2013
09:11 EDTRAXRackspace re-initiated with a Market Perform at Raymond James
08:57 EDTCXOConcho Resources reamins a Permian favorite, says Canaccord
Canaccord said recent underperformance of Concho Resources and continued capital efficiency improvement make it a favorite name in the Pemian Basin. Shares are Buy rated with a $110 price target.
07:22 EDTHONElectrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 20 at 7:30 am; not all company presentations may be webcasted. Webcast Link
06:07 EDTHONHoneywell's HTF7350 engine to power Bombardier Challenger 350
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May 17, 2013
10:13 EDTSRESempra Energy to host analyst meeting
Analyst meeting to be held in New York on May 23 at 1 pm. Webcast Link
10:07 EDTLTDOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities.
05:35 EDTLTDL Brands downgraded to Underperform from Hold at Jefferies
Jefferies downgraded L Brands to Underperform citing slowing sales trends and margin pressures. The firm lowered its price target for shares to $40 from $46.
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