New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For T;OFS;LULU;BSMX;EL;SCM 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 4, 2016
14:35 EDTELNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Estee Lauder (EL), consensus $1.11... CME Group (CME), consensus 90c... Tyson Foods (TSN), consensus 89c... Weyerhaeuser (WY), consensus 24c.
12:28 EDTTAdtran spikes after Cowen analyst sees revenue opportunity in AT&T pact
Shares of communications equipment maker Adtran (ADTN) are advancing after research firm Cowen raised his rating and price target on shares following recent industry checks. WHAT'S NEW: Cowen analyst Paul Silverstein raised his rating on Adtran shares to Market Perform from Underperform following industry checks regarding Adtran's new G.Fast broadband access project win at AT&T (T). Recent industry checks confirm that Adtran was selected by AT&T for its G.Fast broadband access build-out project, the analyst said, and noted that checks also show that Adtran is the only vendor selected by AT&T for the Outside Network Unit and Distribution Point Unit functions of the project. The analyst, who raised his price target on Adtran shares to $16 from $14, sees the pact with AT&T as a significant revenue opportunity for Adtran over the next few years. WHAT'S NOTABLE: Adtran reported fourth quarter results on January 20, with earnings per share coming in at 12c on revenue of $139M, beating analysts' projections of 3c and $137.75M, respectively. On its quarterly conference call, the company forecast revenue for the first quarter to be flat to slightly up. According to Cowen's research note today, Adtran won't realize revenue gains from its broadband pact with AT&T until the beginning of calendar year 2017. PRICE ACTION: Shares of Adtran are up over 4.5% to $18.98 in midday trading. OTHERS TO WATCH: Shares of Calix (CALX), which also sells broadband communications access systems and software for fiber- and copper-based networks, are up 1.35% in midday trading.
10:01 EDTTOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AT&T (T) initiated with a Buy at DA Davidson... Abaxis (ABAX) initiated with an Underperform at Credit Suisse... Aratana Therapeutics (PETX) initiated with an Outperform at Credit Suisse... Care.com (CRCM) initiated with an Equal Weight at Morgan Stanley... GCP Applied Technologies (GCP) initiated with a Buy at Jefferies... Heritage-Crystal Clean (HCCI) initiated with a Buy at Roth Capital... IDEXX (IDXX) initiated with an Outperform at Credit Suisse... Nexvet Biopharma (NVET) initiated with an Outperform at Credit Suisse... PetMed Express (PETS) initiated with an Underperform at Credit Suisse... Phibro Animal Health (PAHC) initiated with an Outperform at Credit Suisse... Pure Storage (PSTG) initiated with a Perform at Oppenheimer... SeaWorld (SEAS) initiated with a Neutral at Janney Capital... Seattle Genetics (SGEN) initiated with an Overweight at Barclays... VCA Inc. (WOOF) initiated with an Outperform at Credit Suisse... Verizon (VZ) initiated with a Neutral at DA Davidson... Zoetis (ZTS) initiated with an Outperform at Credit Suisse.
06:43 EDTELEstee Lauder volatility elevated into Q4 and outlook
Estee Lauder February weekly call option implied volatility is at 50, February is at 30, March is at 28; compared to its 52-week range of 15 to 36, suggesting large near term price movement into the expected release of Q4 results on February 5.
06:28 EDTTNews Corp not interested in Yahoo acquisition, Business Insider says
Subscribe for More Information
05:49 EDTTVerizon initiated with a Neutral at DA Davidson
Subscribe for More Information
05:48 EDTTAT&T initiated with a Buy at DA Davidson
Subscribe for More Information
February 3, 2016
18:41 EDTTYahoo hires Qatalyst to advise on strategic alternatives, Re/code says
Subscribe for More Information
14:09 EDTTBain, TPG among PE firms weighing bid for Yahoo core, FT reports
Subscribe for More Information
13:37 EDTTComcast to be possible bidder for wireless airwaves, Bloomberg says
Subscribe for More Information
09:56 EDTLULUlululemon February weekly calls active on renewed takeover chatter
Subscribe for More Information
09:51 EDTLULURumor: lululemon moves up on renewed takeover chatter
Subscribe for More Information
February 2, 2016
08:04 EDTTForum Global to hold a conference
Subscribe for More Information
06:20 EDTTYahoo investors waiting on explicit sale signals, Re/code says
Subscribe for More Information
February 1, 2016
08:55 EDTBSMXSantander Mexico management to meet with JPMorgan
Subscribe for More Information
05:13 EDTTAT&T implied volatility of 16 at lower end of index mean range
<< 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