New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 21, 2014
15:30 EDTRCII, WCN, CMG, WWD, PKG, NFLX, ZION, CCK, TXNNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Texas Instruments (TXN) , consensus 59c; Netflix (NFLX), consensus $1.16; Chipotle Mexican Grill (CMG), consensus $3.08; Crown Holdings (CCK), consensus 99c; Packaging Corporation (PKG), consensus $1.11; Waste Connections (WCN), consensus 52c; Zions Bancorporation (ZION), consensus 45c; Woodward (WWD), consensus 60c; Rent-A-Center (RCII), consensus 38c.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 >>
November 16, 2015
09:37 EDTNFLXActive equity options trading on open
Active equity options trading on open: AAPL FB ORCL BAC SUNE FDX FCX EXPE NFLX MU AMZN INTC TSLA
08:28 EDTCMGChipotle comps likely to fall in Q4, 1Q16, says Bernstein
Subscribe for More Information
06:19 EDTNFLXTV programmers negotiate promotional deals with Netflix, WSJ says
Television programmers are negotiating with Netflix (NFLX) over promotional content and branding opportunities, the Wall Street Journal reports. For example, Disney's (DIS) ABC negotiated a deal where Netflix subscribers watching the ABC program "How to Get Away with Murder" will first watch a four second shot of star Viola Davis alongside an ABC logo right before watching the show, the report says. Reference Link
November 13, 2015
16:00 EDTNFLXOptions Update; November 13, 2015
Subscribe for More Information
11:45 EDTCMGEl Pollo LoCo sinks to 52-week low after cutting FY15 same store sales guidance
Shares of quick-service restaurant operator El Pollo LoCo (LOCO) are plunging after the company cut its fiscal 2015 same-store sales outlook and narrowed its fiscal 2015 profit view. WHAT'S NEW: Thursday night after the close, El Pollo LoCo reported third quarter adjusted earnings per share of 18c, beating analysts' consensus estimates of 15c, and revenue of $88.9M, missing the consensus of $90.4M. For the quarter, system wide SSS increased 0.6%, company owned SSS were flat, franchise SSS rose 1.1%, and adjusted EBITDA increased 9.9% to $16.6M. Chief Executive Officer Steve Sather noted that Q3 results represented the company's 17th consecutive quarter of system-wide comparable restaurant sales growth as well as pro forma net income growth of over 40%. He added that the company's new restaurant pipeline was, "strong and growing stronger." GUIDANCE: Looking ahead, El Pollo LoCo cut its FY15 system-wide comparable restaurant sales growth view to approximately 1.7% from 3%. It also lowered its outlook for openings of new company-owned restaurants to 13-15 from 16, and openings of new franchised restaurants to 5 from 8. FY15 adjusted EBTIDA guidance was cut to $64M-$66M from $65M-$67M. Due to the revised assumptions, the company narrowed its FY15 pro forma diluted EPS view to 67c-69c from 67c-71c, compared to the consensus of 68c. ANALYST REACTION: Research firm Baird downgraded El Pollo Loco to Neutral from Outperform to reflect reduced visibility, uncertain comps outlook and possible downward bias to earnings if top-line trends do not improve. Baird lowered its price target to $12 from $18 on El Pollo Loco shares. PRICE ACTION: In late morning trading, El Pollo Loco fell $1.30, or about 11.25%, to $10.22 on nearly four times its average daily trading volume. Earlier in the session, the stock hit a fresh 52-week low of $9.58. Over the past 12 months, the stock is down approximately 70%. OTHERS TO WATCH: Other quick-service restaurants include Fiesta Restaurant (FRGI), down 2.5%, Chipotle Mexican Grill (CMG), down 2.7%, Del Taco (TACO), down 2.15%, Popeyes Louisiana Kitchen (PLKI), down 1.3%, and Bojangles (BOJA), down fractionally.
11:33 EDTCMGStocks with call strike movement; CBS CMG
Subscribe for More Information
11:09 EDTNFLXStocks with call strike movement; NFLX CKE
Subscribe for More Information
10:49 EDTCMGChipotle breaks back below $600 on lower consumer brand perception
Subscribe for More Information
09:35 EDTNFLXActive equity options trading on open
Active equity options trading on open: AAPL CSCO FB BAC BABA MSFT NFLX INTC JCP AMZN C
06:41 EDTNFLXJohn Malone wishes he had made hostile bid for Netflix in 2012, NY Post reports
Subscribe for More Information
06:36 EDTCMGChipotle hits lowest consumer perception since 2007, CNBC reports
Subscribe for More Information
November 12, 2015
19:00 EDTNFLXOn The Fly: After Hours Movers
UP AFTER EARNINGS: USA Technologies (USAT), up 15.9%... Blue Buffalo (BUFF), up 7.3%... Planet Fitness (PLNT), up 12.3%... Darling Ingredients (DAR), up 8.1%... Applied Materials (AMAT), up 3.8%... Lipocine (LPCN), up 19.9% after reporting quarterly results and that the FDA has assigned a Prescription Drug User Fee Act goal date of June 28, 2016. ALSO HIGHER: Syngenta (SYT), up 14.5% after Bloomberg reported that the company rejected an initial $42B bid from ChemChina... Yum! Brands (YUM), up 4.1% after reporting that October China Same-Store Sales are up 5%. DOWN AFTER EARNINGS: bebe stores (BEBE), down 10.5%... Nordstrom (JWN), down 20.3%... Fossil (FOSL), down 14.7%... Cisco (CSCO), down 4.8%... El Pollo LoCo (LOCO), down 8.7%... Tahoe Resources (TAHO), down 7.2%. ALSO LOWER: Paycom Software (PAYC), down 5.2%... Netflix (NFLX) down 1% after Dow Jones reported that Hulu, a joint venture of Disney (DIS), Comcast (CMCSA, CMCSK), and Fox (FOX, FOXA), is in discussions to sell a stake in the company to Time Warner (TWX)... TJX Companies (TJX), down 4%, Burlington Stores (BURL), down 5.3%, Macy's (M), down 1.6%, Target (TGT), down 1.9%, J.C. Penney (JCP), down 1.4%, and Kohl's (KSS), down 1.3%, after Nordstrom reported quarterly results and cut its fiscal 2015 guidance.
18:48 EDTCMGMcDonald's CEO: Pace of change had slowed within company, NYT reports
Subscribe for More Information
18:32 EDTNFLXHulu in talks to sell stake to Time Warner, WSJ says
Hulu, a joint venture of Disney (DIS), Comcast (CMCSA, CMCSK), and Fox (FOX, FOXA), is in talks to sell a stake in the company to Time Warner (TWX) that would value the service at more than $5B, reports the Wall Street Journal, citing sources. The potential deal would see Time Warner becoming an equal stakeholder alongside the aforementioned companies, with Disney, Comcast, and Fox each reducing their stakes 25% from roughly 33%, said the report. The news comes as Hulu and other players in the media space aim to compete with Netflix (NFLX) and Amazon (AMZN), said the Journal. Reference Link
17:21 EDTNFLXNetflix down 1% after DJ reports Hulu in talks to sell stake to Time Warner
Subscribe for More Information
16:00 EDTNFLXOptions Update; November 12, 2015
iPath S&P 500 VIX Short-Term Futures up 1.28 to 20.18. Option volume leaders: GE AAPL MNKD XOM BAC FB SUNE CSCO NFLX SYF BABA MSFT
13:24 EDTNFLXEarnings Watch: Cisco seeks to break out of trading rut with Q1 report
Cisco Systems (CSCO) is scheduled to report results of its fiscal first quarter after the market close on Thursday, November 12 with a conference call scheduled for 4:30 pm ET. Cisco, a member of the Dow Jones Industrial Average, sells Internet protocol-based networking and other products related to the communications and IT industry and provides related services. EXPECTATIONS: Analysts are looking for earnings per share of 56c on revenue of $12.65B, according to First Call. The consensus range for EPS is 55c-59c on revenue of $12.55B-$12.81B. Along with its quarterly report, Cisco guided to Q1 EPS of 55c-57c and said it expects its revenue to increase 2%-4% year over year. LAST QUARTER: On August 12, Cisco reported fourth quarter EPS of 59c on revenue of $12.8B, beating consensus estimates of 56c and $12.65B for EPS and revenue, respectively. NEWS: On its Q4 earnings conference call, Cisco said that it was looking at acquisitions at the right price, particularly in areas like software and security. On August 31, Apple (AAPL) and Cisco announced a partnership to build a "fast lane" for iOS business users by optimizing Cisco networks for iOS devices and apps, integrating iPhone with Cisco enterprise environments and providing unique collaboration on iPhone and iPad. The next day, Cisco was among multiple other companies, including Amazon (AMZN), Google (GOOG), Intel (INTC), Microsoft (MSFT), Mozilla, and Netflix (NFLX), announcing the formation of the Alliance for Open Media to build next-generation media formats, codecs, and technologies in the public interest. On September 3, Business Insider reported that people at Cisco still though that chairman John Chambers was running the show as chief executive officer after appointing Chuck Robbins to that role last May. On September 15, Mandiant, a FireEye (FEYE) subsidiary, said in a blog post that researchers discovered previously unknown attacks on certain routers and that such attacks replace the operating system used in Cisco equipment. About a week later, the Wall Street Journal reported that Cisco was aiming to strengthen its business in China by joining forces with Inspur group, a move which was confirmed on September 24. On October 29, Cisco announced its intention to acquire 1 Mainstream. CNBC later reported that the company paid $100M-$150M to acquire 1 Mainstream. On November 9, Ericsson (ERIC) and Cisco announced a global business and technology partnership to "create the networks of the future." The companies said that the strategic partnership will be a key driver of growth and value for the next decade, with each company benefiting from incremental revenue in calendar year 2016 and expected to ramp to $1B or more for each by 2018. STREET RESEARCH: On August 17, Morgan Stanley downgraded Cisco to Equal Weight from Overweight and maintained a $30 price target on the stock, saying it did not believe improved growth is "secular" and anticipates growth will revert to GDP like levels as the upgrade cycle concludes. Wells Fargo said on August 28 that a 10% selloff in communication tech stocks, including Cisco, had created an attractive buying opportunity. Bernstein said a week later that Cisco, Juniper (JNPR), and F5 Networks (FFIV) should be bought on wider macro economic weakness. On October 6, Citi initiated coverage of Cisco with a Buy rating and $30 price target. A week later, Barclays initiated coverage of Cisco with an Overweight rating and a $32 price target. On November 9, RBC Capital maintained an Outperform rating and $33 price target on Cisco, saying it expects the company to report slightly better than expected results. The next day, SunTrust maintained a Buy rating on Cisco, saying its partnership with Ericsson was a positive and should strengthen Cisco's service provider business. PRICE ACTION: In afternoon trading ahead of tonight's report, Cisco shares were up 0.5% to $27.97. In the last three months, Cisco shares are fractionally higher and virtually unchanged when discounting this afternoon's slight rise.
10:00 EDTCCKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 51job (JOBS) downgraded to Neutral from Buy at Citi... Amdocs (DOX) downgraded to Equal Weight from Overweight at Barclays... Anadarko (APC) downgraded to Accumulate from Buy at Tudor Pickering... Axiom says SunEdison (SUNE) credibility 'impaired,' cuts to Sell... BBVA Banco Frances (BFR) downgraded to Market Perform at Raymond James... Black Diamond Group (BDIMF) downgraded to Outperform from Strong Buy at Raymond James... CACI (CACI) downgraded to Hold from Buy at Noble Financial... Cimarex Energy (XEC) downgraded to Equal Weight from Overweight at Stephens... Crown Holdings (CCK) downgraded to Market Perform from Outperform at Wells Fargo... Energias de Portugal (EDPFY) downgraded to Hold from Buy at HSBC... Enterprise Financial Services (EFSC) downgraded to Neutral from Buy at DA Davidson... Freshpet (FRPT) downgraded to Neutral from Outperform at Credit Suisse... Hanover Insurance (THG) downgraded to Neutral from Overweight at Piper Jaffray... Kayne Anderson (KED) downgraded to Hold from Buy at Stifel... MAM Software (MAMS) downgraded to Neutral from Buy at B. Riley... Man Group (MNGPY) downgraded to Sector Perform from Outperform at RBC Capital... PDC Energy (PDCE) downgraded to Equal Weight from Overweight at Stephens... Parsley Energy (PE) downgraded to Sector Perform from Outperform at Iberia... Quanta Services (PWR) downgraded to Neutral from Outperform at Baird... Santander Brasil (BSBR) downgraded to Underweight from Neutral at JPMorgan... SeaWorld (SEAS) downgraded to Underperform at BofA/Merrill... SunEdison (SUNE) downgraded to Sell from Neutral at Axiom... UniCredit (UNCFF) downgraded to Market Perform from Outperform at Keefe Bruyette... VF Corp. (VFC) downgraded on negative outlook, valuation at Sterne Agee CRT.
09:36 EDTNFLXActive equity options trading on open
Subscribe for More Information
05:31 EDTCCKCrown Holdings downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Christopher Manuel downgraded Crown Holdings to Market Perform saying the current "elevated" valuation now accurately reflects much of the company's potential upside for 2016. The analyst sees a balanced risk/reward at current levels and cut his price target range for shares to $53-$55 from $58-$60.
1 | 2 | 3 | 4 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use