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Stock Market & Financial Investment News

News Breaks
September 21, 2010
09:00 EDTSPH, SVNT, NZ, ID, WFMI, SNDKOn The Fly: Analysts Downgrade Summary
MOST NOTEWORTHY: SanDisk (SNDK), Whole Foods (WFMI) and Savient (SVNT) were today's noteworthy downgrades: Sterne Agee downgraded SanDisk to Neutral from Buy based on peaking seasonal builds, slowing share gains and improving NAND supply. Credit Suisse downgraded Whole Foods to Underperform from Neutral citing high valuation and deteriorating fundamentals. The firm lowered its price target to $30 from $40. Leerink downgraded Savient to Market Perform from Outperform citing valuation as the company searches for an acquirer and competitive uncertainty. The firm lowered its target for shares to $20 from $22...OTHER DOWNGRADES: L-1 Identity (ID) was downgraded to Hold from Buy at Jefferies. Suburban Propane Partners (SPH) was downgraded to Neutral from Buy at BofA/Merrill. Netezza (NZ) was downgraded to Hold from Buy at Canaccord.
News For SNDK;WFMI;SVNT;ID;NZ;SPH From The Last 14 Days
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November 19, 2014
10:29 EDTSNDKGoogle now top competitor to Apple, Jefferies says
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08:08 EDTSNDKSanDisk Ventures announces investment in Altair Semiconductor
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November 18, 2014
09:56 EDTSNDKOn The Fly: Analyst Initiation Summary
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08:18 EDTSNDKSanDisk initiated with a Buy at BTIG
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November 14, 2014
10:00 EDTSPHOn The Fly: Analyst Downgrade Summary
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05:37 EDTSPHSuburban Propane downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse downgraded Suburban Propane to Underperform citing valuation following the company's Q4 results. The firm keeps a $45 price target for shares.
November 13, 2014
10:01 EDTSNDKOn The Fly: Analyst Upgrade Summary
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07:32 EDTSPHSuburban Propane reports Q4 retail propane gallons sold down 2.9% to 76M gallons
Sales of fuel oil and other refined fuels decreased 800K gallons, to 5.5M gallons during the fourth quarter of fiscal 2014. The decrease in propane volumes sold was primarily driven by customer conservation; particularly in the non-residential segment, offset to an extent by an increase in residential volumes sold.
07:31 EDTSPHSuburban Propane reports Q4 EPS (90c), consensus (87c)
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05:32 EDTSNDKSanDisk upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded SanDisk to Buy saying the weakening in the yen will likely be a positive for margins in 2015. Goldman raised its price target for shares to $106 from $87.
November 10, 2014
15:55 EDTSNDKNeedham to hold a conference
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07:23 EDTSNDKRBC Capital to hold a conference
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