New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 7, 2013
18:47 EDTCLMT, YUM, URRE, PLXS, AXAS, TISI, KND, CCJOn The Fly: After Hours Movers
UP AFTER EARNINGS: Team (TISI), up 5%... ALSO HIGHER: Uranium Resources (URRE), up 13.9% after announcing an extension of a joint venture with Cameco (CCJ)... Wet Seal (WTSLA), up 3.7% after naming John Goodman CEO... Abraxas Petroleum (AXAS), up 3.2% after its CEO said the company expects a 2013 production boost from its Eagle Ford and Bakken sites... DOWN AFTER GUIDANCE: Yum! Brands (YUM), down 5.2% after lowering its China SSS guidance to down 6% from down 4%... Kindred Healthcare (KND), down 2.4% after lowering its FY13 EPS view... Plexus (PLXS), down 3.2% after cutting its Q1 EPS and revenue view... ALSO LOWER: Calumet Specialty Products (CLMT), down 4.5% after the company announced a 5M-unit public offering of common units.
News For TISI;URRE;CCJ;AXAS;YUM;KND;PLXS;CLMT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 30, 2015
08:12 EDTCCJCameco reports Q2 EPS 22c, consensus 20c
Subscribe for More Information
July 28, 2015
16:41 EDTAXASAbraxas Petroleum reports Q2 production averaged 5,471boepd
Subscribe for More Information
July 23, 2015
11:22 EDTAXASAbraxas Petroleum 'unaware' of reason for recent stock price underperformance
Abraxas Petroleum Corporation commented on recent market conditions. Aside from weakness in the general commodity markets, Abraxas is unaware of any fundamental reason for the company’s recent stock price underperformance. Abraxas notes that the company exited June 30, 2015 $108 million borrowed on the company’s $165 million borrowing base. With an additional nine well completions during the quarter, and only bank deb in the Company’s capital structure, the company is very comfortable with its asset coverage. Additionally, with a $55 million capital program that approximates forecasted cash flow, the company remains comfortable this strong financial positioning should continue through 2015. Moreover, the company reiterates that in outer years, it currently forecasts it can hold production at over 7,000 boepd running a one rig Bakken program, which approximates a $50-$60 million capital program. Abraxas also reiterates the company’s 2015 production guidance of 6,500-7,000 boepd. Abraxas plans to close out the company’s second quarter production and financial results the week of July 27, 2015. In the coming week Abraxas will also have 30 day rates for the company’s four Bakken and two Eagle Ford completions. When these results are available, Abraxas will furnish them to the Street.
July 22, 2015
16:05 EDTPLXSPlexus sees Q4 EPS 64c-72c, consensus 76c
Sees Q4 revenue $650M-$680M, consensus $689.9M. CEO Dean Foate said, "Our fiscal third quarter results were consistent with our announcement of preliminary results on July 13th. While revenue of $670M set a new quarterly record for the company, our results were disappointing given the stronger expectations we had when we issued our initial guidance in April. Looking forward to next quarter, we expect continuing end-market weakness in our Networking/Communications sector to largely offset anticipated sequential growth in our other three market sectors. As a consequence, we are guiding fiscal fourth quarter 2015 revenue of $650M-$680M. Achieving the midpoint of our guidance would result in full year revenue growth just shy of our 12% enduring goal."
16:03 EDTPLXSPlexus reports Q3 EPS 69c, consensus 70c
Reports Q3 revenue $670M, consensus $672.28M.
July 21, 2015
10:24 EDTYUMOptions with decreasing implied volatility
Subscribe for More Information
July 20, 2015
10:13 EDTYUMOptions with decreasing implied volatility
Subscribe for More Information

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