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Stock Market & Financial Investment News

News Breaks
January 27, 2014
12:28 EDTSLM, FMD, NNI, CTSH, INFY, WIT, SWHC, RGRStocks worth watching ahead of State of the Union
Student lenders, IT outsourcers, and gun makers are among the sectors that investors may want to keep an eye on ahead of the State of the Union address tomorrow night. STUDENT LENDERS: Senator Elizabeth Warren intends to introduce a bill to let students refinance their old loans at new, lower rates, she said earlier this month. Shares of SLM Corp. (SLM), which provides loans to college students, have been weak due to concerns that President Obama will express support for this legislation during his State of the Union address tomorrow night, FBR Capital analyst Edward Mills wrote in a note to investors last week. But the concern is misplaced, as Congress is unlikely to pass Warren's bill, Mills contended. He thinks the weakness in the stock of the company formerly known as Sallie Mae creates a buying opportunity for investors. Other names in the student lending space include First Marblehead (FMD) and Nelnet (NNI). INDIAN IT OUTSOURCERS: On Saturday, The Wall Street Journal reported that President Obama is likely to highlight immigration reform legislation in the State of the Union address, Wells Fargo analyst Ed Caso stated in a note to investors earlier today. Immigration reform legislation could surface next spring, and the House could vote on it in the early fall, Caso stated, citing unnamed sources. The House bill may be less hurtful to Indian IT outsourcing companies than the Senate immigration reform bill, the analyst believes. But the outsourcers' stocks could be negatively impacted by the advancement of legislation in the House, he added. Indian IT outsourcing companies provide foreign workers who hold temporary U.S. visas to American firms. A new immigration law could place restrictions on these visas, undermining the Indian IT outsourcers' business. Stocks in the outsourcing space include Cognizant Technology (CTSH), Infosys (INFY) and Wipro (WIT). GUN MAKERS: In his 2013 State of the Union address, President Obama called on Congress to tighten the country's gun control laws. Congress did not comply with his request, and the President could reiterate his call, or even announce that he is taking action on his own on this issue. Names in the space include Smith & Wesson (SWHC) and Sturm, Ruger (RGR).
News For SLM;FMD;NNI;CTSH;INFY;WIT;SWHC;RGR From The Last 14 Days
Check below for free stories on SLM;FMD;NNI;CTSH;INFY;WIT;SWHC;RGR the last two weeks.
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July 18, 2014
11:25 EDTINFYOptions with decreasing implied volatility
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July 17, 2014
17:29 EDTWITWipro in strategic outsourcing engagement with ATCO
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11:12 EDTINFYOptions with decreasing implied volatility
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July 16, 2014
10:35 EDTINFYOptions with decreasing implied volatility
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July 15, 2014
10:37 EDTINFYOptions with decreasing implied volatility
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July 14, 2014
10:00 EDTINFYOptions with decreasing implied volatility: SHPG INFY CWH FDO IDIX FAST
July 11, 2014
12:40 EDTINFYInfosys revenue, attrition still worrisome, says Wells Fargo
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11:19 EDTINFYOptions with decreasing implied volatility: BDSI CWH INFY MONT
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08:31 EDTINFYInfosys sees FY15 revenue growth 7%-9%, consensus $8.92B
08:31 EDTINFYInfosys reports Q1 EPS 84c, consensus 76c
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05:38 EDTINFYInfosys reaffirms FY15 revenue growth outlook 7%-9%
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05:37 EDTINFYInfosys reports Q1 EPS 84c, consensus 76c
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July 10, 2014
15:43 EDTINFYInfosys technical comments ahead of earnings
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07:31 EDTINFY, INFYInfosys re-initiated with an Outperform at CLSA
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July 9, 2014
10:02 EDTINFYOn The Fly: Analyst Initiation Summary
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