New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 3, 2013
19:23 EDTSIRI, ARAY, SONC, LMCA, CSTR, ROVI, SHLM, PRGSOn The Fly: After Hours Movers
UP AFTER EARNINGS: A. Schulman (SHLM), up 3.44% after earnings, reaffirming guidance... HIGHER: Liberty Media (LMCA), up 1% after announcing it had received FCC approval to take control of Sirius XM (SIRI). Shares of Sirius also gained 2.2% in after hours trading... Rovi (ROVI), up 4.7% after announcing it will sell its entertainment business unit and narrowed its FY12 adjusted EPS range... DOWN AFTER EARNINGS: Sonic (SONC), down 4.7%... Progress Software (PRGS), down 4%... ALSO LOWER: Coinstar (CSTR), down 2.7% after announcing its CEO would retire in March and saying it sees Q4, FY12 EPS at or above high end of previous range... Accuray (ARAY), down 20% after providing FY13 EPS and revenue guidance below Street estimates.
News For SHLM;LMCA;SIRI;ROVI;SONC;PRGS;CSTR;ARAY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 31, 2015
07:28 EDTROVIRovi price target lowered to $20 form $31 at Brean Capital
Subscribe for More Information
05:59 EDTROVIRovi price target lowered to $26 from $29 at Piper Jaffray
Subscribe for More Information
05:44 EDTROVIRovi price target lowered to $23 from $27 at JPMorgan
JPMorgan analyst Sterling Auty lowered his price target for Rovi (ROVI) to $23 saying the company's Q2 results and guidance were worse than expected. The Netflix (NFLX) litigation outcome has led to slower sales cycles, Auty tells investors in a research note. He sees an uncertain growth outlook going forward and keeps a Neutral rating on Rovi.
July 30, 2015
16:22 EDTROVIRovi to continue pursuing Netflix litigation
Rovi (ROVI) said in its earnings release, "While we are disappointed with the Netflix ruling, we continue to believe in our broader IP licensing business. Our second half focus is on achieving our sales and profit objectives, continuing our big-four renewal negotiations, securing meaningful design wins for our products and continuing to pursue our Netflix litigation."
16:21 EDTROVIRovi says shares undervalued, to buy back $50M in Q3
Rovi said it believes its stock is currently undervalued, and the company intends to repurchase an additional $50M of the company’s shares in Q3, under the existing stock repurchase authorization.
16:20 EDTROVIRovi sees 2015 EPS $1.35-$1.60, consensus $1.70
Sees 2015 revenue $500M-$530M, consensus $546.6M. The company said, "The low-end of this range assumes no new or one-time revenues are recognized in the second-half of 2015, which the Company considers unlikely. The midpoint of this range assumes approximately the same level of new or one-time revenues in the second half of the year as the Company achieved in the first half of 2015."
16:19 EDTROVIRovi reports Q2 EPS 38c, consensus 38c
Subscribe for More Information
July 29, 2015
10:00 EDTSIRIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: 3D Systems (DDD) upgraded to Neutral from Underperform at Longbow... AK Steel (AKS) upgraded to Outperform from Neutral at Macquarie... Ally Financial (ALLY) upgraded to Outperform from Neutral at Credit Suisse... Amazon.com (AMZN) upgraded to Buy from Hold at Stifel... Arrow Electronics (ARW) upgraded to Buy from Underperform at CLSA... Beacon Roofing (BECN) upgraded to Buy from Neutral at CL King... Citrix (CTXS) upgraded to Outperform at Baird... Commvault (CVLT) upgraded to Buy from Hold at Jefferies... FireEye (FEYE) upgraded on positive checks, business mdoel changes at Oppenheimer... Hibbett Sports (HIBB) upgraded to Neutral from Underperform at Sterne Agee CRT... Integra LifeSciences (IART) upgraded to Outperform at Raymond James... M/A-COM (MTSI) upgraded to Buy from Hold at Needham... Norsk Hydro (NHYDY) upgraded to Neutral from Underperform at Exane BNP Paribas... NuVasive (NUVA) upgraded to Outperform from Market Perform at Northland... SM Energy (SM) upgraded to Outperform from Market Perform at Raymond James... Scorpio Bulkers (SALT) upgraded to Buy from Hold at Deutsche Bank... Sirius XM (SIRI) upgraded to Buy from Hold at Wunderlich... Sprouts Farmers Markets (SFM) upgraded to Neutral from Underperform at Longbow... Supervalu (SVU) upgraded to Equal Weight from Underweight at Morgan Stanley... Waters (WAT) upgraded to Outperform from Market Perform at Wells Fargo... Wells Fargo (WFC) upgraded to Buy from Neutral at Guggenheim... Williams-Sonoma (WSM) upgraded to Overweight from Neutral at JPMorgan... YRC Worldwide (YRCW) upgraded to Strong Buy at Raymond James.
08:04 EDTROVIRovi extends product, entertainment discovery patent license agreement to Funai
Subscribe for More Information
07:27 EDTSIRISirius XM upgraded to Buy from Hold at Wunderlich
Wunderlich analyst Matthew Harrigan upgraded Sirius XM Holdings to Buy with a $4.60 price target following the company's Q2 results.
July 28, 2015
07:11 EDTSIRISirius XM sees FY15 net self-pay subscriber additions of 1.6M
Subscribe for More Information
07:10 EDTSIRISirius XM sees FY15 revenue $4.5B, consensus $4.49B
Subscribe for More Information
07:10 EDTSIRISirius XM reports Q2 churn rate of 1.6%
Subscribe for More Information
07:09 EDTSIRISirius XM reports Q2 self-pay net additions up 37% to 519K
Subscribe for More Information
07:09 EDTSIRISirius XM reports Q2 adjusted EPS 3c, consensus 3c
Reports Q2 revenue $1.12B, consensus $1.12B
July 20, 2015
17:18 EDTLMCAD. E. Shaw & Co reports 5.1% passive stake in Liberty Media
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