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Stock Market & Financial Investment News

News Breaks
February 26, 2013
09:57 EDTSIXSix Flags says overlooked and undervalued, targets $6 in EPS by 2015
Six Flags, in investor presentation slides today, said it is historically overlooked, misunderstood and undervalued. The company said its theme Park segment is well-positioned in the leisure industry and that it offers "compelling value relative to other forms of entertainment." Six Flags added that domestic theme park development is unlikely as key markets are already served and the significant investment needed to construct parks. The company said it currently generates cash EPS yield of 7% and could generate 9% by 2015. Six Flag sees its cash EPS growing from $4.33 in 2012 to $6.00 by 2015. Shares of the company are up 38c to $66.91 in early trading.
News For SIX From The Last 14 Days
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October 22, 2014
12:09 EDTSIXOn The Fly: Midday Wrap
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11:14 EDTSIXHigh option volume stocks
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10:06 EDTSIXSix Flags edges its 200-day moving average after earnings
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09:21 EDTSIXOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Dow Chemical (DOW), up 3.7%... iRobot (IRBT), up 12%... Six Flags (SIX), up 13%... GlaxoSmithKline (GSK), up 2%... Broadcom (BRCM), up 7%... Boston Scientific (BSX), up 4.3%... Abbott (ABT), up 1.8%... Yahoo! (YHOO), up 6%. ALSO HIGHER: Blue Earth (BBLU), up 26.4% after CEO says statements in Seeking Alpha blog are "false and misleading."... GW Pharmaceuticals (GWPH), up 5.4% after Epidiolex receives orphan designation from EMA. DOWN AFTER EARNINGS: 3D Systems (DDD), down 15%... Biogen (BIIB), down 7%... Lumber Liquidators (LL), down 13.4%... Norfolk Southern (NSC), down 3%... Angie's List (ANGI), down 8.8%. ALSO LOWER: Nanosphere (NSPH), down 33% after filing secondary, reporting preliminary Q3 revenue... Himax Technologies (HIMX), down 16% after announcing that Google (GOOG) will not exercise an additional investment option in the company... Cree (CREE), down 10.5%, downgraded at DA Davidson and Canaccord following the company's Q1 earnings results... Ocwen Financial (OCN), down 7% after downgraded to Hold at Evercore, downgraded to Neutral at BofA Merrill Lynch... VMware (VMW), down 7.8%, downgraded at Nomura and Raymond James following the company's Q3 results.
October 21, 2014
18:36 EDTSIXOn The Fly: After Hours Movers
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16:17 EDTSIXSix Flags sets new modified EBITDA target of $600M by 2017
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16:15 EDTSIXSix Flags raises dividend to 52c from 47c
Six Flags Entertainment announced that its board of directors has approved an increase in the company's ongoing quarterly cash dividend from 47c per common share to 52c per common share. The fourth quarter dividend will be payable December 8 to shareholders of record as of November 25.
16:15 EDTSIXSix Flags reports Q3 EPS ex-items $1.56, consensus $1.50
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October 20, 2014
15:36 EDTSIXNotable companies reporting before tomorrow's open
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