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Stock Market & Financial Investment News

News Breaks
August 5, 2014
09:05 EDTTHC, SALE, MSI, BLMN, CAR, FIVN, HIMX, AKRX, GTAT, ODP, CVS, GCI, COH, TGTOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Office Depot (ODP), up 6.9%... Coach (COH), up 4.3%... Akorn (AKRX), up 4.9%... Avis Budget (CAR), up 4.7%... GT Advanced (GTAT), up 3.7%... Tenet Healthcare (THC), up 1.9%... CVS Caremark (CVS), up 1.1%. HIGHER: Gannett (GCI), up 5.6% after acquiring remaining 73% interest in Classified Ventures for $1.8B, announcing plans to spin-off publishing business to shareholders... Himax (HIMX), up 4% after shares upgraded to Buy from Neutral at BofA Merrill Lynch. DOWN AFTER EARNINGS: Motorola Solutions (MSI), down 3.6%... Bloomin' Brands (BLMN), down 10.4%. LOWER: Target (TGT), down 4.6% after lowering its Q2 adjusted earnings per share view, updating on impact of data breach... RetailMeNot (SALE), down 20%, downgraded at RBC Capital following the company's Q2 report... Five9 (FIVN), down 22%, downgraded at Pacific Crest following lower than expected quarterly results.
News For TGT;GCI;ODP;COH;CVS;MSI;GTAT;FIVN;SALE;AKRX;CAR;THC;HIMX;BLMN From The Last 14 Days
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April 14, 2015
17:02 EDTCOHCrocs appoints Coach International Group president Ian Bickley to board
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April 13, 2015
14:18 EDTTGTTarget names Anne Dament as SVP, Merchandising
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11:28 EDTODPStarboard CEO says Staples, Office Depot merger 'likely to go through'
Says confident the potential merger will pass anti-trust scrutiny. Jeff Smith is speaking on CNBC.
06:22 EDTTGTGap, Target, others scrutinized by NY AG over staffing practices, WSJ says
Several major retailer including Gap (GPS) and Target (TGT) are under investigation by New York Attorney General Eric Schneiderman over their staffing practices and whether they require workers to show up or stay home with little notice, The Wall Street Journal reports. Schneiderman sent letters warning Abercrombie & Fitch (ANF), JC Penney (JCP), Urban Outfitters (URBN), TJX Cos (TJX), Ann Inc (ANN), L Brands (LB), Burlington Stores (BURL), Sears Holdings (SHLD), Williams-Sonoma (WSM) and J Crew Group that he believes the chains are using on-call scheduling and that such practices may be in violation of New York laws. Reference Link
April 10, 2015
05:24 EDTCOHCoach, InterparfumsSA sign global license agreement for Coach fragrance
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April 9, 2015
14:04 EDTCARAvis Budget completes acquisition of Maggiore Group
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10:00 EDTFIVNOn The Fly: Analyst Downgrade Summary
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09:18 EDTODP, TGT, COHBofA/Merrill retail analysts hold an analyst/industry conference call
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09:12 EDTFIVNFive9 downgraded to Neutral from Buy at BofA/Merrill
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07:05 EDTCOHCoach, Inter Parfums sign global license agreement for Coach fragrance
Inter Parfums (IPAR) announced that its majority owned Paris-based subsidiary, Interparfums SA, and Coach, Inc. (COH) have entered into an 11-year exclusive worldwide fragrance license agreement. Under the agreement, Interparfums will create, produce and distribute new perfumes and fragrance-related products, including new menís and womenís scents. Interparfums will distribute these fragrances globally to department and specialty stores and duty free shops, as well as in Coach retail stores beginning fall 2016.
April 8, 2015
12:17 EDTAKRXOn The Fly: Midday Wrap
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11:35 EDTAKRXGeneric drug maker Akorn up 4% to $49.80 after Myla offers to buy Perrigo
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11:34 EDTAKRXGeneric drug maker Akorn up 4% to $49.80 after Myla offers to buy Perrigo
April 7, 2015
14:23 EDTAKRXAkorn initiated with a Buy at Deutsche Bank
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09:23 EDTTGTFreshpet dry food product launched at Target, says Baird
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06:08 EDTCVSNew York REIT announces 22,00 square foot lease with CVS at 1440 Broadway
New York REIT (NYRT) announced that is has completed a long-term lease totaling approximately 22,000 square feet with CVS/pharmacy (CVS) at 1440 Broadway. The deal marks the first step in NYRT's overall retail repositioning strategy at 1440 Broadway, with remaining value-add opportunities to mark existing below-market tenant rents to market and to re-configure a portion of the basement into valuable, lower-level selling space with double ceiling-heights.
April 6, 2015
10:02 EDTGCIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AGCO (AGCO) downgraded to Sell from Hold at Deutsche Bank... CONSOL (CNX) downgraded to Hold from Buy at Deutsche Bank... Catamaran (CTRX) downgraded to Market Perform from Outperform at BMO Capital... Comerica (CMA) downgraded to Neutral from Buy at Guggenheim... Gannett (GCI) downgraded to Market Perform from Outperform at FBR Capital... Magnum Hunter (MHR) downgraded to Hold from Buy at Wunderlich... Qualcomm (QCOM) downgraded to Market Perform from Outperform at FBR Capital... Regions Financial (RF) downgraded to Neutral from Buy at Guggenheim... SAP (SAP) downgraded at Wells Fargo... Sanderson Farms (SAFM) downgraded to Underweight from Sector Weight at KeyBanc... Scorpio Tankers (STNG) downgraded to Neutral from Accumulate at Global Hunter... Simpson Manufacturing (SSD) downgraded to Neutral from Buy at DA Davidson... Skyworks (SWKS) downgraded at Stephens... TripAdvisor (TRIP) downgraded to Hold from Buy at Needham... Western Union (WU) downgraded to Neutral from Positive at Susquehanna... Zillow Group (Z) downgraded to Equal Weight from Overweight at Barclays.
10:02 EDTCOHOn The Fly: Analyst Upgrade Summary
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08:11 EDTCOHCoach upgraded to Market Perform from Underperform at Telsey Advisory
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06:34 EDTGCIGannett downgraded to Market Perform from Outperform at FBR Capital
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