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Stock Market & Financial Investment News

News Breaks
July 22, 2014
10:46 EDTTSEM, GALT, KS, BCOR, AXL, PII, SBAC, HLF, EJ, EDUHigh option volume stocks: SBAC KS EDU PII GALT EJ AXL TSEM HLF BCOR
News For SBAC;KS;EDU;PII;GALT;EJ;AXL;TSEM;HLF;BCOR From The Last 14 Days
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May 19, 2015
12:16 EDTHLFFTC, states charge four cancer charities as shams
The Federal Trade Commission and 58 law enforcement partners from every state and the District of Columbia have charged four sham cancer charities and their operators with bilking more than $187M from consumers. Named in the federal court complaint are Cancer Fund of America, Cancer Support Services, Children’s Cancer Fund of America and The Breast Cancer Society. Shares of Herbalife (HLF) and Lumber Liquidators (LL) weakened intraday yesterday as speculation circulated about whether either of the companies would be the target of the FTC's announcement today.
07:43 EDTSBACJPMorgan to hold a conference
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06:40 EDTEJE-House backs FY15 revenue guidance of $1.05B-$1.1B, consensus $1.05B
06:38 EDTEJE-House reports Q1 EPS (13c), consensus (17c)
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May 18, 2015
12:12 EDTHLFHerbalife dips after FTC says to announce 'major consumer fraud' case
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May 15, 2015
16:51 EDTKSGreenlight Capital gives quarterly update on stakes
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07:09 EDTKSHayman Capital gives quarterly update on stakes
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May 14, 2015
19:47 EDTHLFHerbalife responds to court's final approval of class action settlement
Herbalife issued the following statement: “Herbalife welcomes the decision by the U.S. District Court for the Central District of California to grant final approval of the class action settlement in the matter of Dana Bostick v. Herbalife International of America Inc et al. As we have consistently stated, we believe that the settlement is fair, reasonable and adequate to class members, and we note the court found that the low number of claimants was not surprising in light of the substantial survey results indicating that most people join Herbalife to become discount consumers of our products."
08:23 EDTGALTGalectin Therapeutics' fibrosis and cancer candidate passes FDA requirement
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08:19 EDTTSEMTowerJazz weakness a buying opportunity, says Ascendiant
Ascendiant views TowerJazz's March quarter results as "very solid" and recommends using yesterday's pullback in shares as a buying opportunity. It raised its price target for the stock to $28 from $24 and reiterates a Buy rating on the name.
05:43 EDTTSEMTowerJazz and UCSD collaborate to demonstrate first 5G 256-element water-scale
TowerJazz and The University of California, San Diego announced they have collaborated to demonstrate the first 256-element wafer-scale phased array transmitter with integrated high-efficiency antennas operating at 56-65 GHz frequency range. First time success was achieved for the wafer-scale RFIC using TowerJazz's own proprietary models, kit and the mmWave capabilities of its 0.18-micron SiGe BiCMOS process, SBC18H3.
May 13, 2015
12:42 EDTSBACAnalyst bullish on tower companies after meeting with American Tower
American Tower's (AMT) outlook has improved, and it should report strong 2016 results, research firm Pacific Crest wrote in a note to investors earlier today. American Tower owns towers used by cell phone carriers. WHAT'S NEW: After hosting a non-deal roadshow with American Tower, Pacific Crest analyst Michael Bowen said he had an "increasingly positive outlook" on the company in particular and the cell phone tower sector in general. Carrier tower applications rose last quarter, versus the second half of 2014, Bowen quoted American Tower and its peers as saying. This increase appears to bode well for the sector's performance in the second half of 2015 and 2016, according to Bowen, who expects American Tower to have strong 2016 results. The analyst predicts that American Tower's adjusted funds from operations, or AFFO, will increase about 9% in 2015 and 10.6% in 2016. However, the company estimated that its AFFO growth "could approach" mid-teen percentage levels if it decides not to acquire any more towers, according to Bowen. Additionally, American Tower reported that it believes it can eventually more than double the nearly 18,000 towers it owns in Brazil, Bowen reported. The analyst recommended that investors buy the stock. PRICE ACTION: In early afternoon trading, American Tower was flat at $93.56. Other tower owners were also little changed, as Crown Castle (CCI) was flat at $83, and SBA Communications (SBAC) added 0.7% to $116.21.
09:21 EDTTSEMOn The Fly: Pre-market Movers
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05:46 EDTTSEMTower Semiconductor sees Q2 revenue $235M, with upward or downward range of 5%
Q2 revenue consensus $233.23M.
05:46 EDTTSEMTower Semiconductor reports Q1 EPS 78c, may not compare to consensus 49c
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May 12, 2015
18:47 EDTHLFCasino union requests Herbalife investigation, Reuters says
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May 11, 2015
08:30 EDTGALTGalectin Therapeutics reports Q1 EPS (22c), one estimate (20c)

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