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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:24 EDTSFLYShutterfly initiated with an Outperform at RBC Capital
Target $64.
News For SFLY From The Last 14 Days
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April 29, 2015
16:37 EDTSFLYShutterfly sees FY15 GAAP EPS (46c)-(23c), consensus (31c)
Sees FY15 revenue $1.045B-$1.06B, consensus $1.05B.
16:36 EDTSFLYShutterfly sees Q2 GAAP EPS ($1.10)-($1.07), consensus (87c)
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16:35 EDTSFLYShutterfly reports Q1 adjusted EPS ($1.11), consensus ($1.33)
Reports Q1 revenue $160M, consensus $156.24M.
April 24, 2015
15:37 EDTSFLYShutterfly May volatility elevated into Q1 and outlook
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April 21, 2015
14:16 EDTSFLYShutterfly unlikely to see major impact from Snapfish takeover, says Cantor
After Snapfish was acquired by District Photo, Cantor says that the deal is unlikely to have a material impact on Shutterfly. The firm says that Snapfish is considerably smaller than Shutterfly, and has underinvested in itself over the years, while District Photo is unlikely to continue Snapfish's tradition of steep discounting. The firm does believe, however, that the deal reduces the chances of Shutterfly being acquired by private equity firms. Cantor keeps a $58 price target and Buy rating on the shares.

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