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Stock Market & Financial Investment News

News Breaks
February 8, 2013
14:22 EDTSNCRSynchronoss gaps up, spikes higher after earnings, levels to watch
The share are now up nearly 20% on the day following better than expected results last night after the close. The company beat consensus expectations of 25 cents by 4 cents. The price action today has filled the big bearish gap from May of last year. This is one reason it is worth keeping an eye on a longer range chart for big discontinuities such as this, bearish or bullish, as all gaps eventually get filled. They also provide important clues for support and resistance. Next resistance above the top of the gap is at $31.14, a pivot high. Support is at the prior bearish gap top at $29.10. There was a large short-base, over 12 days to cover, coming in to the earnings report. Volume is heavy.
News For SNCR From The Last 14 Days
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July 30, 2015
07:15 EDTSNCRSynchronoss reported 'very strong' results, says Wells Fargo
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July 29, 2015
09:13 EDTSNCROn The Fly: Pre-market Movers
UP AFTER EARNINGS: Buffalo Wild Wings (BWLD), up 11.4%... Panera Bread (PNRA), up 5.9%... Sonus Networks (SONS), up 7.2%... Gilead Sciences (GILD), up 3.6%... U.S. Steel (X), up 3.3%... Synchronoss (SNCR), up 2.8%. ALSO HIGHER: Cytec Industries (CYT), up 26.7% after being acquired by Solvay (SVYZY)... MagneGas (MNGA), up 7.8% after receiving multiple orders... AK Steel (AKS), up 5.2% after being upgraded to Outperform from Neutral at Macquarie. DOWN AFTER EARNINGS: Yelp (YELP), down 23.6%... VASCO Data Security (VDSI), down 13.3%... Tableau Software (DATA), down 16%... Twitter (TWTR), down 11.4%... Akamai Technologies (AKAM), down 7.9%.
08:57 EDTSNCRSynchronoss sees restructuring costs in Q3
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08:57 EDTSNCRSynchronoss says company signed new 2 year agreement with AT&T
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08:54 EDTSNCRSynchronoss sees FY15 EPS $2.22-$2.26, consensus $2.13
Raises FY15 revenue guidance to $575M-$582M from $566M-$575M, consensus $572.54M.
08:52 EDTSNCRSynchronoss sees Q3 Non GAAP gross margins 61%-62%
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08:51 EDTSNCRSynchronoss sees Q3 EPS 57c-59c, consensus 56c
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08:48 EDTSNCRSynchronoss reports Q2 EPS 56c, consensus 51c
Reports Q2 revenue $137.8M, consensus $137.03M.
July 27, 2015
15:53 EDTSNCRSynchronoss sales process has slowed, says dealReporter
Syncronoss 'sales process has slowed, dealReporter says citing sources.

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