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Stock Market & Financial Investment News

News Breaks
May 28, 2014
10:52 EDTSBGL, DSW, NES, CAKE, IR, TPH, GPRE, NEPT, AU, KORSHigh option volume stocks
High option volume stocks: SBGL AU NEPT GPRE TPH IR CAKE NES DSW KORS
News For SBGL;AU;NEPT;GPRE;TPH;IR;CAKE;NES;DSW;KORS From The Last 14 Days
Check below for free stories on SBGL;AU;NEPT;GPRE;TPH;IR;CAKE;NES;DSW;KORS the last two weeks.
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July 16, 2014
06:51 EDTKORSMichael Kors downgraded to Market Perform from Outperform at William Blair
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July 15, 2014
17:56 EDTNEPTNeptune Technologies reports Q1 revenue C$3.64M vs. C$6.08M last year
Gross profit as a percent of revenue was 14% for the current quarter, versus 10% for the corresponding prior year quarter. Reports Q1 Adjusted EBITDA (C$3.77M) vs. (C$2.7M) in the prior year. Reports Q1 net loss (C$5.7M) vs. (C$3.38M) last year.
12:31 EDTKORSMichael Kors sinks after analysts issue bearish notes
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11:34 EDTKORSMichael Kors downgraded to Hold, price target cut to $85 at Maxim
As previously reported, Maxim downgraded Michael Kors to Hold from Buy and lowered its price target on the shares to $85 from $109 after the firm's checks showed domestic sales have weakened more than expected, which in turn led to increased markdowns.
11:21 EDTKORSMichael Kors August volatility increases as shares trend lower into Q1
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11:17 EDTKORSStocks with call strike movement; KORS MYL
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11:17 EDTKORSMichael Kors downgraded to Hold from Buy at Maxim
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10:48 EDTKORSOptions with increasing implied volatility: GLUU KORS RVBD HSH
07:03 EDTKORSMichael Kors reiterated as an Underweight at Barclays
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06:44 EDTKORSMichael Kors sentiment 'increasingly more bearish,' says Piper Jaffray
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06:02 EDTKORSMichael Kors price target lowered to $98 from $107 at Citigroup
Citigroup lowered its price target for Michael Kors (KORS) to $98 after its national handbag survey indicated a "lack of newness" and that the company failed to meet plan in 17% of responses versus 1% previously. Citi says Kors continues to be number one in handbags and it keeps a Neutral rating on the stock. Its survey indicated results at Coach (COH) are fairly consistent overall, with an improvement in stores exceeding plan. Citi has a Neutral rating on Coach.
July 14, 2014
10:00 EDTTPHOn The Fly: Analyst Upgrade Summary
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09:34 EDTIRIngersoll-Rand view changed to Postivie from Neutral at OTR Global
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07:57 EDTTPHTRI Pointe Homes upgraded to Buy from Neutral at Buckingham
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07:11 EDTGPREGreen Plains price target raised to $45 from $36 at Piper Jaffray
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July 11, 2014
07:43 EDTCAKECheesecake Factory Q2 estimates lowered at Janney Capital
Janney Capital lowered its Q2 same-store sales estimate for Cheesecake Factory to 1.5% and lowered its Q2 EPS estimate by 2c to 60c following its channel checks. The firm maintains its Neutral rating on the stock.
July 10, 2014
16:41 EDTTPHCarlson Capital reports 12.4% passive stake in TRI Pointe Homes
09:37 EDTSBGLSibanye Gold upgraded to Neutral from Underperform at Macquarie
09:13 EDTKORSMichael Kors volatility at low end of historic range on tight price movement
Michael Kors overall option implied volatility of 32 is below its 26-week average of 34 according to Track Data, suggesting decreasing price movement.
06:10 EDTDSWDSW opens new stores in Canada
DSW announced the opening of its first two DSW Designer Shoe Warehouse stores in Canada, in partnership with Town Shoes Limited. The two new Canadian retail locations, each approximately 20,000 square feet in size, will make them the largest shoe stores in the country.
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