New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 14, 2014
07:55 EDTRYL, RYL, BZH, BZH, LEN, LEN, KBH, KBH, WHR, WHR, WCIC, WCIC, TMHC, TMHC, HOV, HOV, CSTE, CSTEJPMorgan to hold a conference
7th Annual Homebuilding & Building Products Conference to be held in New York on May 14-15 with webcasted company presentations to begin on May 14 at 8 am. Webcast Link
News For RYL;BZH;LEN;KBH;WHR;WCIC;TMHC;HOV;CSTE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 31, 2014
11:21 EDTWHRWhirlpool management to meet with MKM Partners
Subscribe for More Information
October 30, 2014
13:52 EDTWHRWhirlpool receives favorable verdict from jury in front-load washer trial
Jonathan D. Selbin, chair of the defective products practice group at the national plaintiffs' law firm Lieff Cabraser Heimann & Bernstein, and plaintiffs’ Lead Counsel, announced earlier that a jury in federal court in Ohio returned a verdict in favor of Whirlpool. The class action was brought on behalf of Ohio residents who purchased certain models of front-loading Whirlpool Duet washing machines manufactured between 2001 and 2008 that had a propensity to develop mold and odors. Selbin stated: “We think there are a number of good grounds for appeal based on pre-trial and in-trial rulings that prevented us from showing the jury very compelling evidence, including, in particular, evidence of the health risks Whirlpool itself recognized internally that mold in its Duet washers could cause. We intend to appeal.”
October 29, 2014
10:00 EDTWHROn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:11 EDTWHRWhirlpool downgraded to Neutral from Buy at Sterne Agee
Subscribe for More Information
October 28, 2014
17:01 EDTWHROn The Fly: Closing Wrap
Stocks on Wall Street opened in positive territory despite two disappointing economic data points and a mixed report from social media giant Twitter (TWTR). The market moved in a narrow range for the opening half hour of trading but gained upside momentum following a much better than expected consumer confidence reading. The market continued to tack on points throughout the afternoon and closed at its highs, led by the Nasdaq, which gained 1.75% for the session. ECONOMIC EVENTS: In the U.S., durable goods orders fell 1.3% in September, significantly undershooting expectations for them to have rise 0.7% in the month. The S&P Case-Shiller home price report showed prices were lower on a seasonally adjusted basis in the month of August compared to the prior month. A reading of consumer confidence surged to a seven-year high of 94.5 in October from a revised 89.0 final reading for September. The Richmond Fed's manufacturing index rose 6 points to 20 in October, beating expectations for it to have pulled back to 10. COMPANY NEWS: Twitter (TWTR) sunk $4.78, or 9.84%, to $43.78 after the social media company reported in-line profit and higher than expected Q3 revenue, but also reported a slowdown in user growth and provided weaker than expected Q4 guidance. Following last night's report, the stock was downgraded at RBC Capital, Nomura and Bank of America Merill Lynch to "Hold" or equivalent ratings, while Stifel lowered its rating on Twitter shares to Sell from Hold... Shares of Pfizer (PFE) edged up 6c, or 0.21%, to $29.09 after the pharmaceutical giant reported third quarter adjusted earnings per share and revenue that were a bit better than expected and narrowed its fiscal year profit outlook. Of note, Pfizer said during its earnings conference call that while proposed rule changes have made "inversions" more difficult, that meaningful value from inversion deals can still exists on a "case-by-case" basis. Shares of AstraZeneca (AZN), which was previously a target of Pfizer, gained 67c, or 0.95%, to $71.43 following Pfizer's comments. MAJOR MOVERS: Among the notable gainers following their earnings reports were Whirlpool (WHR), which advanced $10.66, or 6.77%, to $168.06, Cummins (CMI), which gained $9.22, or 6.81%, to $144.59, and Cliffs Natural (CLF), which jumped $2.05, or 22.19%, to $11.29. Among the noteworthy losers was Kohl’s (KSS), which dropped $3.89, or 6.64%, to $54.66 after the department store operator’s outlook for third quarter same store sales and fiscal 2014 profit missed expectations. Also lower were shares of Coach (COH), which fell $2.15, or 5.95%, to $34.00 after the luxury handbag and accessory maker reported sales declined 9% on a constant currency basis in its first quarter. INDEXES: The Dow rose 187.81, or 1.12%, to 17,005.75, the Nasdaq advanced 78.36, or 1.75%, to 4,564.29, and the S&P 500 gained 23.42, or 1.19%, to 1,985.05.
10:33 EDTWHRWhirlpool says FY14 restructuring cash outlays up to $150M
Subscribe for More Information
10:29 EDTWHRWhirlpool sees Indesit to be 'moderately positive' for Q4 free cash flow
Subscribe for More Information
10:01 EDTWHRWhirlpool says 'on track' to deliver 'strong' free cash flow this year
Subscribe for More Information
06:08 EDTWHRWhirlpool backs FY14 ongoing business EPS view of $11.50-$12.00
Subscribe for More Information
06:06 EDTWHRWhirlpool reports Q3 ongoing business EPS $3.04, consensus $3.13
Subscribe for More Information
October 27, 2014
15:36 EDTWHRNotable companies reporting before tomorrow's open
Subscribe for More Information
14:57 EDTWHRWhirlpool volatility increases into Q3 and outlook
Subscribe for More Information
October 23, 2014
08:12 EDTRYLRyland Group reports Q3 EPS 85c, consensus 80c
Subscribe for More Information
October 22, 2014
10:09 EDTHOVOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AOL (AOL) upgraded to Buy from Hold at Evercore... ARM Holdings (ARMH) upgraded to Buy from Neutral at UBS... American Assets Trust (AAT) upgraded to Buy from Hold at MLV & Co.... American Midstream Partners (AMID) upgraded to Buy from Neutral at Ladenburg... BancorpSouth (BXS) upgraded to Neutral from Underweight at JPMorgan... Chesapeake (CHK) upgraded at UBS... Chuy's (CHUY) upgraded to Buy from Hold at Stifel... Dean Foods (DF) upgraded to Overweight from Equal Weight at Morgan Stanley... East West Bancorp (EWBC) upgraded at BMO Capital... El Paso Electric (EE) upgraded to Buy from Neutral at Ladenburg... Generac (GNRC) upgraded to Buy from Hold at KeyBanc... Gold Fields (GFI) upgraded to Overweight from Neutral at HSBC... Harmony Gold (HMY) upgraded to Neutral from Underweight at HSBC... Hess Corp. (HES) upgraded to Buy from Neutral at UBS... Hovnanian (HOV) upgraded to Market Perform from Underperform at JMP Securities... Intuitive Surgical (ISRG) upgraded to Buy from Neutral at BTIG... OMV AG (OMVKY) upgraded to Neutral from Underperform at Credit Suisse... Seaspan (SSW) upgraded to Neutral from Underperform at Credit Suisse... Sibanye Gold (SBGL) upgraded to Neutral from Underweight at HSBC... Smith & Nephew (SNN) upgraded to Overweight from Equal Weight at Barclays... Southwestern Energy (SWN) upgraded to Buy from Hold at Maxim... Steel Dynamics (STLD) upgraded to Outperform from Neutral at Macquarie... Steris (STE) upgraded to Strong Buy from Market Perform at Raymond James... Tesoro Logistics (TLLP) upgraded to Strong Buy from Outperform at Raymond James... Texas Instruments (TXN) upgraded to Outperform from Market Perform at Bernstein... Twitter (TWTR) upgraded to Hold from Sell at Hudson Square... Vanguard Natural (VNR) upgraded to Buy from Hold at Wunderlich... Volaris (VLRS) upgraded to Buy from Hold at Deutsche Bank... Wilshire Bancorp (WIBC) upgraded to Outperform from Neutral at Macquarie... Yahoo (YHOO) upgraded to Outperform from Market Perform at FBR Capital.
10:01 EDTWHRWhirlpool names Michael Todman, Marc Bitzer as vice chairmen
Subscribe for More Information
06:01 EDTHOVHovnanian upgraded to Market Perform from Underperform at JMP Securities
Subscribe for More Information
October 20, 2014
07:51 EDTLENLennar initiated with a Buy at Buckingham
Target $50.
07:51 EDTKBHKB Home initiated with a Buy at Buckingham
Subscribe for More Information

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