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Stock Market & Financial Investment News

News Breaks
June 4, 2014
20:25 EDTSJM, SJM, JOY, JOY, NAV, NAV, CIEN, CIEN, CMN, CMN, VRA, VRANotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include The J. M. Smucker Company (SJM), consensus $1.16; Joy Global (JOY), consensus 71c; Navistar (NAV), consensus ($1.31); Ciena Corporation (CIEN), consensus 13c; Cantel Medical (CMN), consensus 26c; and Vera Bradley (VRA), consensus 13c.
News For SJM;JOY;NAV;CIEN;CMN;VRA From The Last 14 Days
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May 27, 2015
11:46 EDTCIENRaymond James doubts Ericsson will buy Juniper or Ciena
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May 26, 2015
07:34 EDTCIENCiena price target raised to $28 from $21 at RBC Capital
RBC Capital increased its revenue estimates for Ciena above consensus, as the firm expects the company to benefit from strong optical growth ,share gains, and TAM expansion. The firm thinks the stock's multiple may rise, while the shares could reach $40 if the company exercises "better margin discipline." However, RBC keeps a Sector Perform rating on the shares.
May 15, 2015
12:13 EDTSJMThird Point gives quarterly update on stakes
NEW STAKES: Yum! Brands (YUM), NXP Semiconductors (NXPI), FedEx (FDX), McKesson (MCK), and J M Smucker (SJM). INCREASED STAKES: Actavis (ACT), Roper Technologies (ROP), Delta Air Lines (DAL), and FleetCor Technologies (FLT). DECREASED STAKES: Ally Financial (ALLY), Amgen (AMGN), Phillips 66 (PSX), eBay (EBAY), and Anheuser Busch Inbev SA (BUD). LIQUIDATED STAKES: Alibaba Group (BABA), Citigroup (C), EMC Corporation (EMC), Anglo American (AAL), and Williams Companies (WMB).

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