New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For SVU;FINL;APKT;LCC;AAMRQ;ARAY;SIMG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | all recent news | >>
December 18, 2014
09:24 EDTSIMGSilicon Image downgraded to Market Perform from Outperform at Northland
09:21 EDTSIMGOn The Fly: Pre-market Movers
Subscribe for More Information
07:56 EDTSIMGSilicon Image sees FY15 revenue down 10% from FY14, consensus $271.32
Silicon Image announced earlier that it expects a year-over-year revenue decline in 2015 of approximately 10% due to a reduction in mobile design wins at one of its largest customers. The decline in the mobile business segment is expected to be partially offset by continued strength in the company’s CE business segment due to continued penetration of MHL in mainstream TVs, and the popularity of 4K Ultra HD where the company has multiple HDMI 2.0 / MHL 3.0 designs. “Although we believe that both our CE and licensing businesses will remain strong, we now anticipate top line 2015 revenues to be down compared to 2014. While we continue to execute on our long term strategic growth initiatives, we remain committed to reduce our operating expenses in 2015 and anticipate that even with a top line revenue decline, we will remain profitable with operating margin as a percent of revenue expected to be flat to slightly up for the year,” said CEO Camillo Martino. For reference, FY14 revenue consensus $255.04M. Shares of Silicon Image are down about 32% to $4.60 in pre-market trading after the company cautioned on its mobile outlook.
December 15, 2014
10:00 EDTARAYOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:02 EDTFINLFinish Line volatility elevated into Q3 and outlook
Finish Line December call option implied volatility is at 74, February is at 37; compared to its 26-week average of 34 according to Track Data, suggesting large price movement into the expected release of Q3 results on December 19.
06:19 EDTARAYAccuray initiated with a Neutral at SunTrust
Target $7.
December 9, 2014
10:23 EDTSVUOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:23 EDTSVUSupervalu downgraded after share outperformance at Oppenheimer
Subscribe for More Information
05:54 EDTSVUSupervalu downgraded to Perform from Outperform at Oppenheimer
Subscribe for More Information
<< 1 | 2 | all recent news | >>

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