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Stock Market & Financial Investment News

News Breaks
March 25, 2014
10:07 EDTUFS, SVLC, MERC, ARIA, SHTDF, SOL, RAX, PANW, PCAR, EXA, E, SBMRYOn The Fly: Analyst Upgrade Summary
Domtar (UFS) upgraded to Buy from Neutral at Goldman... Eni SpA (E) upgraded to Outperform from Market Perform at Raymond James... Exa Corp. (EXA) upgraded to Outperform from Neutral at RW Baird... PACCAR (PCAR) upgraded to Buy from Neutral at Goldman... Palo Alto (PANW) upgraded to Outperform from Market Perform at FBR Capital... Rackspace (RAX) upgraded to Overweight from Equal Weight at Morgan Stanley... ReneSola (SOL) upgraded to Buy from Neutral at Roth Capital... Sinopharm Group (SHTDF) upgraded to Outperform from Neutral at Credit Suisse... ARIAD (ARIA) at H.C upgraded to Buy from Neutral at H.C. Wainwright... SilverCrest (SVLC) upgraded to Buy from Neutral at Roth Capital... Mercer (MERC) upgraded to Hold from Reduce at TD Securities... SABMiller (SBMRY) upgraded to Outperform from Market Perform at Bernstein.
News For UFS;E;EXA;PCAR;PANW;RAX;SOL;SHTDF;ARIA;MERC;SVLC;SBMRY From The Last 14 Days
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September 17, 2014
12:22 EDTRAXOn The Fly: Midday Wrap
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11:02 EDTRAXOptions with decreasing implied volatility
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10:13 EDTRAXRackspace sinks after deciding to remain independent
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10:00 EDTRAXOn The Fly: Analyst Downgrade Summary
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09:36 EDTRAXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL WFM X YHOO TSLA TWTR RAX SHLD SPLS
09:35 EDTRAXRackspace tumbles after it concludes search for buyer, levels to watch
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09:10 EDTRAXOn The Fly: Pre-market Movers
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09:09 EDTRAXRackspace sell-off a buying opportunity, says Credit Suisse
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08:20 EDTRAX, RAXRackspace downgraded to Sell from Underperform at CLSA
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06:13 EDTRAXRackspace volatility expected to move on remaining independent, ends review
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05:31 EDTSOLReneSola expands distribution partnership with SolarMax
ReneSola announced a new partnership initiative with Swiss inverter manufacturer SolarMax to distribute SolarMax solar inverters in Australia. The partnership is an extension of ReneSola's distribution agreement in North America, and Australia will be the second country in the world where ReneSola will sell SolarMax inverters directly to the Company's customers. ReneSola will offer its solar panels along with SolarMax's P-series and MT-series solar inverters and accessories as a premium package to residential and commercial customers. The inverters are fully certified for use in Australia and New Zealand and are accredited by the Clean Energy Council, or CEC.
September 16, 2014
18:30 EDTRAXOn The Fly: After Hours Movers
UP AFTER EARNINGS: Apogee Enterprises (APOG), up 5.6% after reporting second quarter results and raising fiscal 2015 guidance. ALSO HIGHER: InspireMD (NSPR), up 18.5% after reporting positive trial results for CGuard... Boeing (BA), up marginally after NASA awarded the company with a $4.2B contract for commercial spaceflight to the International Space Station... U.S. Steel (X), up 7.9%% after updating third quarter outlook. DOWN AFTER EARNINGS: Adobe (ADBE), down 4.5% following third quarter results. ALSO LOWER: Rackspace Hosting (RAX), down 16.7% after ending strategic review and deciding to stay independent... Sunoco Logistics Partners (SXL), down 3.9% after filing to sell 7.7M shares of common stock... Aratana Therapeutics (PETX), down 7.8% after filing to sell common stock.
16:56 EDTRAXRackspace says goal during evaluation was maximizing shareholder value
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16:53 EDTRAXRackspace says will not do share buybacks at this time
Company says wants to remain flexible and that will consider share buybacks in the future There are acquisitions out there that they may prefer doing in cash. Comments from Rackspace conference call.
16:26 EDTRAXRackspace says on track for 'strong' Q3, 'comfortable' with guidance ranges
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16:23 EDTRAXRackspace falls 17.5% after ending review, deciding to stay independent
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16:22 EDTRAXRackspace to remain independent, ends review of alternatives
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16:20 EDTRAXRackspace to remain independent, ends review of alternatives
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16:17 EDTRAXRackspace names Taylor Rhodes as CEO
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09:32 EDTSBMRYAB InBev price target raised to $137 from $125 at Buckingham
Buckingham increased its price target on AB InBev (BUD), citing reassuring Nielsen data for U.S. beer. Additionally, the firm thinks the chances of AB InBev buying SABMiller (SBMRY) within the next year have risen to 50%+. It thinks that such a deal would conservatively increase AB InBev's stock by $6. Buckingham keeps a Buy rating on the shares.
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