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Stock Market & Financial Investment News

News Breaks
December 3, 2012
10:16 EDTT, OFS, LULU, BSMX, EL, SCMOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AT&T (T) initiated with an Equal Weight at Evercore... OFS Capital (OFS) initiated with an Equal Weight at Barclays... Santander Mexico (BSMX) initiated with an Equal Weight at Barclays.... lululemon (LULU) initiated with a Buy at Canaccord... Estee Lauder (EL) initiated with an Equal Weight at Morgan Stanley... Stellus Capital (SCM) initiated with an Outperform at Oppenheimer... OFS Capital (OFS) initiated with an Outperform at Oppenheimer.
News For T;OFS;LULU;BSMX;EL;SCM From The Last 14 Days
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May 21, 2013
07:43 EDTTFierceWireless to host a breakfast meeting
Pre-Conference Breakfast at CTIA 2013 is being held in Las Vegas on May 21 at 10:30 am.
05:36 EDTTAT&T provides statement regarding Oklahoma tornado
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May 17, 2013
06:49 EDTTAT&T initiated with an Equal Weight at Barclays
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May 15, 2013
12:59 EDTTGoogle confirms plan to sell Samsung Galaxy S4 in Google Play store
Says GS4 will be available on AT&T (T) and T-Mobile (TMUS) networks.
12:25 EDTTAT&T CEO sees mobile business stronger in Q2
On the AT&T presentation at the JPMorgan Global Technology, Media and Telecom Conference, the CEO of AT&T Randall Stephenson said he was disappointed in the mobility business in Q1. Stephenson said "2013 is going to be driven by pretty much the plan we outlined in the first of the year, and that is you are going to continue to see additional penetration, smartphone growth in our mobility business. And first quarter in mobility was probably not our best quarter; I don't think we executed very well in the first quarter. It was a bit disappointing to me." However the CEO is more optimistic about Q2, saying mobility will "look markedly better" than in Q1.
07:35 EDTTJPMorgan to host a conference
41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link
May 14, 2013
06:07 EDTTAT&T may drop HTC Facebook phone, Bloomberg reports
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May 12, 2013
12:01 EDTTAT&T, CWA reach tentative agreement in East wireline talks
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May 10, 2013
07:08 EDTTESPN considers subsidizing wireless data plans, WSJ reports
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06:03 EDTSCMStellus Capital reports Q1 adjusted EPS 34c, consensus 34c
May 9, 2013
11:36 EDTTAT&T unit Aio Wireless launches no-annual-contract service
Aio Wireless, a subsidiary of AT&T, announced earlier the launch of a new nationwide wireless service without an annual contract. Aio expects the service to roll out in multiple markets across the U.S. over the next year, with an initial launch in select stores in Houston, Orlando and Tampa, and with additional stores in these three markets opening in the coming weeks. Aio’s unlimited talk, text, and data rate plans range from $35 to $70 per month, with pricing varying by market, and will offer 4G download speeds of up to 4Mbs per second. AT&T does not expect this announcement to change its January financial guidance, the company noted.
10:08 EDTOFSOn The Fly: Analyst Downgrade Summary
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09:40 EDTTJefferies to host a conference
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07:40 EDTOFSOFS Capital downgraded to Perform from Outperform at Oppenheimer
Oppenheimer downgraded OFS based on its weaker than expected Q1 results and the company's lower than expected deployment of capital to its Tamarix SBIC fund.
05:50 EDTTSamsung using its own parts to cut costs, WSJ reports
Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link
May 8, 2013
10:56 EDTLULULululemon Athletica volatility at low end of historic range
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10:40 EDTLULUSalesforce.com, Yelp rumored as potential Sohn short mentions, Kass says
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10:00 EDTLULUOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ametek (AME) upgraded to Buy from Neutral at Citigroup... IAMGOLD (IAG) upgraded to Buy from Hold at Canaccord... Lowe's (LOW) upgraded to Buy from Neutral at ISI Group... lululemon (LULU) upgraded to Buy from Neutral at Sterne Agee... Myriad Genetics (MYGN) upgraded to Buy from Neutral at Mizuho... Orion Marine (ORN) upgraded to Outperform from Market Perform at FBR Capital... Trex Company (TREX) upgraded to Buy from Hold at BB&T... U.S. Auto Parts (PRTS) upgraded to Buy from Neutral at Roth Capital... Electronic Arts (EA) upgraded to Neutral from Sell at Monness Crespi... Electro Scientific (ESIO) upgraded to Buy from Hold at Noble Financial... Darling (DAR) upgraded to Buy from Hold at Maxim... J.C. Penney (JCP) upgraded to Hold from Sell at Maxim... Louisiana-Pacific (LPX) upgraded to Neutral from Underperform at DA Davidson... Grupo Televisa (TV) upgraded to Overweight from Equal Weight at Morgan Stanley... Marathon Oil (MRO) upgraded to Outperform from Neutral at Macquarie... Sibanye Gold (SBGL) upgraded to Overweight from Neutral at JPMorgan... Carrols Restaurant (TAST) upgraded to Strong Buy from Outperform at Raymond James.
08:10 EDTLULUlululemon upgraded at Sterne Agee
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08:06 EDTOFSOFS Capital reports Q1 NII 15c, may not compare to consensus 27c
Reports Q1 revenue $4.37M, consensus $4.67M. Reports Q1 net increase in net assets resulting from operations per common share 30c.
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