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Stock Market & Financial Investment News

News Breaks
August 25, 2014
10:54 EDTEVEP, NYMX, ITMN, EWT, ANN, BKW, CENX, ROYT, IRG, THCHigh option volume stocks
High option volume stocks: THC BKW ITMN IRG ANN NYMX ROYT EWT EVEP CENX
News For THC;BKW;ITMN;IRG;ANN;NYMX;ROYT;EWT;EVEP;CENX From The Last 14 Days
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November 26, 2014
08:20 EDTBKWAckman says Herbalife short thesis reinforced by recent developments
"Recent developments at Herbalife reinforce our short thesis that HLF is an illegal pyramid that will collapse or otherwise be shut down by regulators," Bill Ackman stated in Pershing Square Holdings' quarterly letter to shareholders, which was released last night. "We continue to believe that the expiration of HLF’s $1.15B credit facility in 2016 is a potential catalyst for further stock price declines, as we are skeptical that the company will be able to access the credit markets in order to refinance or replace this facility," Ackman added. In the letter, Ackman also confirmed that the fund is currently doing due diligence on Actavis (ACT) to determine whether it should remain a long-term holder following the company's deal to acquire Allergan (AGN), noting that Pershing had recently met with the CEO of Actavis and were "impressed with him and his business plan for the combined company." Remarking on some of his other notable holdings, Ackman stated that Canadian Pacific’s (CP) transformation has been "nothing short of remarkable," that he believes the acquisition of Tim Hortons (THI) will create significant long-term value for Burger King (BKW) shareholders, and that early returns from Air Products' (APD) transformation are "promising."
November 25, 2014
12:06 EDTBKWFDA finalizes menu calorie labeling rules
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10:10 EDTANNJanney to hold a field trip
Janney Montgomery Holiday Mall Tour is being held at Tysons Corner, Virginia on November 25.
06:51 EDTBKWFDA to force calorie restaurants, theaters to show calorie totals, NY Times says
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November 24, 2014
16:35 EDTROYTPacific Coast lowers monthly distribution to 7.3c per unit from 8.8c per unit
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06:36 EDTBKWCanada to decide on Tim Hortons, Burger King deal by Dec. 25, Reuters says
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November 21, 2014
07:51 EDTANNAnn Inc. nows sees FY14 revenue $2.516B, consensus $2.52B
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07:49 EDTANNAnn Inc. backs view of Q4 SSS down in low-single digits
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07:47 EDTANNAnn Inc. reports Q3 EPS ex-items 72c, consensus 68c
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06:46 EDTTHCObama to prevent deportation of millions of illegal immigrants, Reuters says
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November 20, 2014
15:28 EDTANNNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Foot Locker (FL), consensus 79c; ANN Inc. (ANN), consensus 68c; Hibbett Sports (HIBB), consensus 62c; Berry Plastics (BERY), consensus 37c; Sirona Dental Systems (SIRO), consensus 90c.
10:18 EDTTHCHospitals would be hurt by immigrant amnesty, Leerink Swann says
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09:22 EDTCENXMorgan Stanley remains bullish on US aluminum
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08:00 EDTTHCObama amnesty poses 'material' risk to hospitals, says Leerink
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07:21 EDTANNAnn Taylor November volatility elevated into Q3 and holiday sales outlook
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November 19, 2014
07:16 EDTANNAnn Taylor November volatility elevated into Q3 and outlook
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November 18, 2014
07:41 EDTIRGIgnite Restaurant upgraded to Strong Buy from Neutral at CL King
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06:34 EDTCENXCentury Aluminum initiated with an Outperform at BMO Capital
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November 14, 2014
10:05 EDTNYMXNymox reports Q3 EPS (2c) vs. (3c) last year
Reports Q3 revenue $81.1K vs. $88.9K.

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