New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 8, 2013
12:55 EDTSPRD, SPRD, MXL, MXL, INVN, INVN, AMBA, AMBA, MRVL, MRVL, SIMO, SIMO, CAVM, CAVMNeedham to host management meetings at 2013 International CES
Needham's Management Meetings at CES will be held in Las Vegas on January 7-9; on January 8, meetings start at 1 pm with Spreadtrum, followed by MaxLinear, InvenSense, Ambarella, Marvell, Silicon Motion and Cavium.
News For SPRD;MXL;INVN;AMBA;MRVL;SIMO;CAVM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 >>
February 3, 2016
05:56 EDTMRVLStarboard expected to report 6.7% stake in Marvell, WSJ reports
Starboard Value, an activist investor, is expected to report today that it has taken a 6.7% stake in Marvell Technology, a semiconductor company currently facing investigations into its accounting, The Wall Street Journal says, citing sources familiar with the situation. According to the sources, Starboard is betting the company can its boost margins by cutting costs, perhaps exiting its mobile device business. Reference Link
February 2, 2016
10:12 EDTINVNOptions with decreasing implied volatility
Subscribe for More Information
February 1, 2016
10:31 EDTAMBAGoPro slides after analysts predict guidance this week will disappoint
Research firm Piper Jaffray and Citi predicted that GoPro's (GPRO) revenue guidance would disappoint investors when the company issues its earnings report later this week. GoPro preannounced lower than expected fourth quarter revenue on January 13. The company is expected to announce the remainder of its results, including first quarter guidance, on February 3. STREET LOW TARGET: Piper Jaffray analyst Erinn Murphy cut her price target on GoPro to $7.50 from $9, citing updated spending assumptions. The analyst expects the company's Q1 sales guidance to come in at $272M, below the Street's consensus estimate of $298M. Murphy cut her Q1 EPS estimate for the company to 0c from 10c, and warned that the company could report a Q1 loss if its "sales remain tepid." She kept an Underweight rating, the firm's equivalent of a "Sell," on the shares. GoPro's channel inventory was probably too high at the end of last quarter, and the company likely has about $200M of inventory, Citi analyst Jeremy David estimated. Given the company's "challenging sell-through" and probable inventory reductions by channel sellers, its Q1 guidance will probably come in below expectations, according to David. Specifically, GoPro will provide guidance of a 20c to 25c per share loss and its revenue guidance will come in at $230M-$250M, the analyst believes. The consensus forecast, based on the predictions of sixteen analysts, is for GoPro to report a loss of 5c per share in Q1, according to First Call. David predicted that the shares would be range bound in February and March, but he added that the stock could drop below $9. Later on this year, the stock could rise modestly as the launches of the company's new Karma and HERO5 cameras approach, said the analyst, who kept a $12 price target and Neutral rating on the shares. PRICE ACTION: In early trading, GoPro fell 6% to $10.75. Shares of supplier Ambarella (AMBA), which has often moved in tandem with GoPro in the past, slipped 5%.
10:15 EDTINVNOptions with decreasing implied volatility
Options with decreasing implied volatility: INVN SWFT SNDK AMZN NOW COH VMW CTXS STX
January 29, 2016
10:10 EDTINVNOptions with decreasing implied volatility
Options with decreasing implied volatility: ETE INVN FTNT VMW CTXS NOW COH AMZN NWL NYRT
January 28, 2016
18:22 EDTSIMOSilicon Motion sees FY16 revenue up 12%-20% y/y, consensus $418.71M
Sees FY16 non-GAAP gross margin 49%-51%. Sees FY16 non-GAAP operating margin 23%-25%.
18:05 EDTSIMOSilicon Motion sees Q1 revenue growth (2.5%)-2.5% sequentially, consensus $93.8M
Sees Q1 non-GAAP gross margin 49%-51%. Sees Q1 non-GAAP operating margin 23%-24%.
18:04 EDTSIMOSilicon Motion reports Q4 non-GAAP EPS 55c, consensus 56c
Subscribe for More Information
11:18 EDTCAVMOptions with increasing put volume
Options with increasing put volume: DRII SNE LH CAVM KSS UCO ILMN JBLU AVT SWK JNPR RRC CL HES
11:16 EDTAMBAAmbarella spikes higher, take out recent resistance
Subscribe for More Information
10:57 EDTAMBAAmbarella call activity attributed to renewed takeover chatter
Subscribe for More Information
10:53 EDTAMBARumor: Ambarella strength attributed to renewed takeover chatter
Subscribe for More Information
10:13 EDTINVNOptions with decreasing implied volatility
Subscribe for More Information
10:05 EDTCAVMHigh option volume stocks
Subscribe for More Information
10:05 EDTINVNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Azure Midstream Partners (AZUR) downgraded at Stifel... Chesapeake (CHK) downgraded to Hold from Buy at Wunderlich... CorEnergy (CORR) downgraded at Stifel... DCP Midstream (DPM) downgraded to Hold from Buy at Stifel... DynCorp (DCP) downgraded at Stifel... Ericsson (ERIC) downgraded on challenging outlook at BMO Capital... H&E Equipment (HEES) downgraded to Neutral from Buy at UBS... Halcon Resources (HK) downgraded to Hold from Buy at Wunderlich... InvenSense (INVN) downgraded to Market Perform from Outperform at Barrington... Invitae (NVTA) downgraded to Market Perform from Outperform at Leerink... Kirby (KEX) downgraded to Sector Perform from Outperform at RBC Capital... MEG Energy (MEGEF) downgraded to Equal Weight from Overweight at Barclays... Metro (MTTRY) downgraded to Underweight from Neutral at JPMorgan... OSI Systems (OSIS) downgraded to Hold following Q2 miss at BB&T... Oasis Petroleum (OAS) downgraded to Hold from Buy at Wunderlich... Pan American Silver (PAAS) downgraded to Market Perform from Outperform at FBR Capital... Qualcomm (QCOM) downgraded to Market Perform from Outperform at William Blair... Range Resources (RRC) downgraded to Equal Weight from Overweight at Barclays... Rockwell Automation (ROK) downgraded to Underperform from Market Perform at Bernstein... Royal Gold (RGLD) downgraded to Market Perform from Outperform at FBR Capital... SEI Investments (SEIC) downgraded to Underperform at Keefe Bruyette... SandRidge Energy (SD) downgraded to Sell from Hold at Wunderlich... Seadrill (SDRL) downgraded to Equal Weight from Overweight at Morgan Stanley... ServiceNow (NOW) downgraded to Neutral from Buy at MKM Partners... State Bank Financial (STBZ) downgraded to Hold from Buy at Sandler O'Neill... Sunoco Logistics (SXL) downgraded at Stifel... Tallgrass Energy GP (TEGP) downgraded to Hold from Buy at Stifel... Tallgrass Energy (TEP) downgraded to Hold from Buy at Stifel... Textron (TXT) downgraded to Hold from Buy at Drexel Hamilton... TripAdvisor (TRIP) downgraded to Underperform from Market Perform at Raymond James... Tupperware Brands (TUP) downgraded to Neutral from Overweight at Piper Jaffray... U.S. Steel (X) downgraded to Hold from Buy at Argus... United Rentals (URI) downgraded to Neutral from Buy at UBS... Welltower (HCN) downgraded to Hold from Buy at Evercore ISI... Western Gas Partners (WES) downgraded to Hold from Buy at Stifel... Whiting Petroleum (WLL) downgraded to Hold from Buy at Wunderlich.
09:19 EDTINVNOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Facebook (FB), up 13.9%... Under Armour (UA), up 14.6%... MicroStrategy (MSTR), up 8.9%... Harley-Davidson (HOG), up 8%... Paypal (PYPL), up 6%... Mellanox (MLNX), up 7.9%... Cirrus Logic (CRUS), up 6.2%... Alibaba (BABA), up 4.5%. ALSO HIGHER: Neos Therapeutics (NEOS), up 61.4% after the FDA approved Adzenys XR-ODT for the treatment of ADHD... Exelixis (EXEL), up 4.7% after the U.S. FDA determined the company's New Drug Application for cabozantinib is sufficiently complete... Kinder Morgan (KMI), up 6.7% after being upgraded at Credit Suisse and Stifel. DOWN AFTER EARNINGS: OSI Systems (OSIS), down 21.3%... ServiceNow (NOW), down 22.3%... eBay (EBAY), down 11.5%... InvenSense (INVN), down 10.5%... Juniper Networks (JNPR), down 9.3%... Hologic (HOLX), down 4.4%... Abbott Laboratories (ABT), down 3.6%... Potash (POT), down 2.1%... Qualcomm (QCOM), down 3.6%.
07:23 EDTINVNInvenSense downgraded to Market Perform from Outperform at Barrington
Barrington analyst Ted Moreau downgraded InvenSense to Market Perform citing a lack of revenue and earnings growth over the coming several quarters following the company's weaker than expected guidance.
<< 1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use