New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For VSI;IFF;GNC;FDO;LO;BEAM;RAD;MJN;ENR;VFC;TUP;BUD From The Last 14 Days
Check below for free stories on VSI;IFF;GNC;FDO;LO;BEAM;RAD;MJN;ENR;VFC;TUP;BUD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | all recent news | >>
July 31, 2014
08:32 EDTRADRite Aid reports July SSS up 4.6%
Subscribe for More Information
06:00 EDTFDOStocks with implied volatility below IV index mean; FDO CMG
Subscribe for More Information
July 30, 2014
17:48 EDTFDOIcahn cuts stake in Family Dollar to 3.61% from 6.03%
07:11 EDTENREnergizer expects Q4 organic net sales to be flat
Subscribe for More Information
07:09 EDTENREnergizer reaffirms FY14 adjusted EPS outlook $7.00-$7.25, consensus $7.08
Total company organic net sales are expected to decline in the low- to mid-single digits for FY14. Gross restructuring savings are expected to increase approximately $135M-$150M for FY14 versus the prior year; resulting in total estimated project to date savings of $235M-$250M.
07:07 EDTENREnergizer reports Q3 adjusted EPS $1.46, consensus $1.55
Subscribe for More Information
07:05 EDTLOLorillard reports Q2 Cigarette net sales up 0.9% to $1.76B
Subscribe for More Information
07:04 EDTLOLorillard reports Q2 total retail market share of cigarettes was 15%
Subscribe for More Information
07:02 EDTLOLorillard reports Q2 adjusted EPS 84c, consensus 89c
Subscribe for More Information
06:37 EDTLOReport says tobacco tax regulation lost U.S. revenue, Reuters says
Subscribe for More Information
05:58 EDTFDOStocks with implied volatility below IV index mean; FDO CMG
Subscribe for More Information
July 29, 2014
17:36 EDTFDOIcahn reduces stake in Family Dollar, citing 'better' return potential elsewhere
Carl Icahn, who reported reducing his stake in Family Dollar (FDO) to 6.03% from 9.39%, said in a regulatory filing that he sold shares in the company after "concluding that better returns can be achieved by deploying capital elsewhere rather than waiting either for the Dollar Tree (DLTR) transaction to close or for the possibility of a higher offer to emerge." Icahn intends to continue studying the situation and may determine to dispose of or acquire additional shares in the future, depending on their views as to the probability of a higher bid, market conditions and other factors. Note that Bloomberg reported yesterday that Dollar General (DG) rejected the chance to bid on Family Dollar.
17:26 EDTFDOCarl Icahn lowers stake in Family Dollar to 6.03% from 9.39%
Subscribe for More Information
15:53 EDTENR, LONotable companies reporting before tomorrow's open
Subscribe for More Information
10:00 EDTFDOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Albemarle (ALB) upgraded to Buy from Hold at Topeka... American Capital Agency (AGNC) upgraded to Buy from Hold at Wunderlich... Bank of Hawaii (BOH) upgraded to Buy from Neutral at DA Davidson... Columbia Sportswear (COLM) upgraded to Hold from Sell at McAdams Wright... Costco (COST) upgraded to Conviction Buy from Neutral at Goldman... Ducommun (DCO) upgraded to Buy from Neutral at DA Davidson... Family Dollar (FDO) upgraded to Neutral from Underweight at Piper Jaffray... Ferrellgas Partners LP (FGP) upgraded to Neutral from Sell at Citigroup... Higher One (ONE) upgraded to Overweight from Underweight at Piper Jaffray... Landstar System (LSTR) upgraded to Buy from Hold at BB&T... MarkWest Energy (MWE) upgraded to Buy from Hold at Wunderlich... Matador (MTDR) upgraded to Outperform from Market Perform at BMO Capital... MicroStrategy (MSTR) upgraded at JMP Securities... Pharmacyclics (PCYC) upgraded to Outperform from Market Perform at Leerink... Provident Financial (PFS) upgraded at Sterne Agee... Sally Beauty (SBH) upgraded to Buy from Neutral at Citigroup... Tyson Foods (TSN) upgraded to Buy from Hold at Miller Tabak... WPX Energy (WPX) upgraded to Accumulate from Hold at Tudor Pickering... Zions Bancorp (ZION) upgraded at Bernstein.
09:17 EDTVSI, GNCOn The Fly: Pre-market Movers
Subscribe for More Information
08:14 EDTFDODollar Tree downgraded at BMO Capital
Subscribe for More Information
08:05 EDTGNCGNC Holdings sees FY14 EPS $2.85, consensus $3.03
Subscribe for More Information
08:04 EDTGNCGNC Holdings: Q2 reflects difficult environment with retail traffic challenges
Subscribe for More Information
08:03 EDTGNCGNC Holdings reports Q2 EPS 77c, consensus 79c
Subscribe for More Information
07:41 EDTFDODollar Tree acquisition positive, says RBC Capital
Subscribe for More Information
06:45 EDTFDOFamily Dollar upgraded to Neutral from Underweight at Piper Jaffray
Subscribe for More Information
06:01 EDTFDOStocks with implied volatility below IV index mean; FDO WMB
Subscribe for More Information
July 28, 2014
17:52 EDTTUPHerbalife plummets after results fall short of estimates
Subscribe for More Information
16:32 EDTFDOOn The Fly: Closing Wrap
Subscribe for More Information
16:12 EDTFDODollar General rejected chance to bid on Family Dollar, Bloomberg reports
Subscribe for More Information
15:54 EDTFDODollar General rejected chance to bid on Family Dollar, Bloomberg reports
Subscribe for More Information
15:47 EDTGNCNotable companies reporting before tomorrow's open
Subscribe for More Information
14:45 EDTFDOFamily Dollar bid as high as $87 could make sense, Reuters says
The relatively low level of cost savings synergies identified by Family Dollar (FDO) and Dollar Tree (DLTR) may leave room for another suitor, such as Dollar General (DG), to step in with a higher bid that would still make financial sense, according to Reuters Breakingviews columnist Kevin Allison. If an alternate buyer could find $500M of annual savings, that would justify paying roughly $87 per share, or about double the current premium, for Family Dollar, Allison calculates. Reference Link
13:23 EDTFDOIcahn 'pleased' with Family Dollar deal, 'hopeful' alternate deal may surface
Carl Icahn released the following statement regarding Family Dollar Stores (FDO): "While we continue to believe there are a handful of potential buyers who could realize greater synergies through a combination with Family Dollar and are hopeful that one or more of them will surface as a result of today’s announcement, we are extremely pleased with Dollar Tree’s (DLTR) intention to acquire Family Dollar in a transaction that values the company at $74.50 per share. This is a big win for all shareholders of Family Dollar and yet another validation of the activist investment philosophy in general." Another company in the space, Dollar General (DG), has previously been speculated as an alternative partner for Family Dollar and Wal-Mart (WMT) is seen as a competitor to dollar store operators.
12:21 EDTFDOOn The Fly: Midday Wrap
Subscribe for More Information
11:39 EDTFDOWells says potential for competing Family Dollar bid an unknown
Subscribe for More Information
10:24 EDTFDOFamily Dollar, Dollar Tree advance after agreeing to combine
Subscribe for More Information
10:02 EDTLOOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:32 EDTFDODollar Tree says will pay down debt vs. buying back shares
Subscribe for More Information
09:26 EDTFDODollar Tree says deal could close by early January 2015
Subscribe for More Information
09:17 EDTFDOOn The Fly: Pre-market Movers
Subscribe for More Information
09:10 EDTFDODollar Tree to benefit from Family Dollar deal, says Sterne Agee
Subscribe for More Information
09:05 EDTFDODollar General 'fully aware" of Family Dollar buyout, CNBC reports
Dollar General (DG) was "fully aware" of Family Dollar buyout process by Dollar Tree (DLTR), CNBC's David Faber reports. Shares of Dollar General are down 4% to $53.40 following news of the Dollar Tree, Family Tree merger.
09:00 EDTFDOTrian to vote 7.34% stake in favor of Family Dollar buyout
Nelson Peltz's Trian Fund disclosed a voting agreement whereby it will vote its 7.34% Family Dollar stake in favor of Dollar Tree's (DLTR) buyout at $74.50 per share in cash and stock. A Trian spokeswoman told Reuters the fund "strongly" believes the merger represents the "best path forward" for Family Dollar.
08:59 EDTFDODollar Tree says store closures not a part of syngergy expectations at this time
Subscribe for More Information
08:52 EDTFDODollar Tree says sees compelling growth opportunities in discount retail space
Says deal will be 80% cash, 20% shares. Says acquisition synergies "significant and achievable." Says acquisition is "transformational." Family Dollar (FDO) says combination with Dollar Tree (DLTR) in the best interests of shareholders. Dollar Tree says will open new stores for both chains. Expects to generate significant free cash flow, pay down debt. Sees compelling growth opportunities in discount retail space. Comments made on Dollar Tree's conference call discussing its merger agreement to acquire Family Dollar.
08:25 EDTFDOFamily Dollar Stores volatility expected to move on Dollar Tree acquiring
Subscribe for More Information
08:07 EDTFDODollar Tree volatility expected to move on acquiring Family Dollar for $8.5B
Dollar Tree (DLTR) volatility is expected to move on acquiring Family Dollar Stores (FDO) for $74.50 per share. Overall option implied volatility of 21 is near its 26-week average of 22 according to Track Data, suggesting non-directional price movement.
07:36 EDTVSIVitamin Shoppe comps should should show acceleration, says RW Baird
Baird expects Q2 earnings at Vitamin Shoppe to be in-line but believes its comparable sales should show an acceleration and an improved margin performance relative to prior quarters. The firm also believes concerns over increased promotional activity are overblown. Baird likes the stock at current levels and keeps a Buy rating with a $55 price target on the shares.
07:12 EDTFDODollar Tree says CEO Bob Sasser to serve as CEO of combined company
Dollar Tree (DLTR) says Family Dollar (FDO) deal expected to be low to mid single digit percentage accretive to cash EPS in first financial year after close. Sees approximately $300M of annual run rate synergies to be achieved by third year post-closing. Says one time costs to achieve synergies of approximately $300M. Says Dollar Tree CEO Bob Sasser will serve as CEO of combined company. Says Family Dollar CEO Howard Levine to report to Sasser. Comments from slides that will be presented on Dollar Tree's conference call discussing its merger agreement to acquire Family Dollar.
06:43 EDTFDODollar Tree to host conference call
Subscribe for More Information
06:40 EDTLOLorillard upgraded to Neutral from Reduce at Nomura
Subscribe for More Information
06:12 EDTFDODollar Tree to acquire Family Dollar for $74.50 per share in cash, stock
Subscribe for More Information
06:07 EDTFDODollar Tree to acquire Family Dollar for $74.50 per share in cash, stock
Subscribe for More Information
July 27, 2014
09:23 EDTTUPTupperware Brands stock should remain reliable, Barron's says
Subscribe for More Information
July 25, 2014
13:13 EDTRADEinhorn bought Lam Research shares, sold Rite Aid last quarter
Subscribe for More Information
July 24, 2014
16:09 EDTRADRite Aid names Darren Karst as executive VP, CFO
Subscribe for More Information
16:05 EDTRADRoundy's CFO Karst leaves for Rite-Aid, names Michael Turzenski as CFO
Roundy’s (RNDY) announced that Darren Karst, Roundy’s executive VP and CFO will be leaving the company to join Rite Aid (RAD) as its executive VP and CFO. Karst will remain with Roundy’s through August 9. Michael Turzenski, currently Roundy’s group VP and Chief Accounting Officer, has been appointed group VP, CFO by Roundy’s board. Turzenski has served as group VP, Chief Accounting Officer since February 2012. Turzenski joined Roundy’s in 2007 as VP, controller.
July 23, 2014
10:02 EDTMJNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Market Perform from Outperform at Cowen... Brinker (EAT) downgraded to Sector Perform from Outperform at RBC Capital... Cubist (CBST) downgraded to Market Perform from Outperform at JMP Securities... DiamondRock (DRH) downgraded to Neutral from Outperform at RW Baird... DuPont (DD) downgraded to Neutral from Overweight at JPMorgan... FirstMerit (FMER) downgraded to Neutral from Overweight at JPMorgan... Helmerich & Payne (HP) downgraded to Accumulate from Buy at Tudor Pickering... Hexcel (HXL) downgraded to Hold from Buy at Canaccord... Juniper (JNPR) downgraded to Neutral from Buy at BofA/Merrill... King Digital (KING) downgraded at BofA/Merrill... Lexmark (LXK) downgraded at Raymond James... McDonald's (MCD) downgraded at RW Baird... Mead Johnson (MJN) downgraded to Outperform from Buy at CLSA... National Oilwell (NOV) downgraded to Accumulate from Buy at Tudor Pickering... Nintendo (NTDOY) downgraded to Hold from Buy at Jefferies... Raytheon (RTN) downgraded to Market Perform from Outperform at Bernstein... Targa Resources (TRGP) downgraded to Accumulate from Buy at Global Hunter... Time Warner (TWX) downgraded to Market Perform from Outperform at Cowen... Timmins Gold (TGD) downgraded to Market Perform from Outperform at Cowen... United Technologies (UTX) downgraded to Market Perform from Outperform at Wells Fargo... Viacom (VIAB) downgraded to Market Perform from Outperform at Cowen... Xilinx (XLNX) downgraded at BMO Capital.
07:48 EDTVFCVF Corp. management to meet with Deutsche Bank
Meeting to be held in New York on July 23 hosted by Deutsche Bank.
07:28 EDTMJN, MJNMead Johnson downgraded to Outperform from Buy at CLSA
Subscribe for More Information
07:14 EDTTUPTupperware Brands sees FY14 adjusted EPS $5.40-$5.50, consensus $5.73
Sees FY14 revenue down 2% to flat. Sees FY14 net interest expense around $46M.
07:12 EDTTUPTupperware Brands sees Q3 EPS 89c-94c, consensus $1.07
Subscribe for More Information
07:11 EDTTUPTupperware Brands reports Q2 adjusted EPS $1.47, consensus $1.47
Reports Q2 revenue $764.3M, consensus $687.15M.
06:24 EDTMJNMead Johnson could be worth $120-$130 in a takeout, says Citigroup
Citigroup says a Wall Street Journal article yesterday about Danone (DANOY) launching a strategic review has renewed speculation in the company being a potential acquirer of Mead Johnson (MJN). Citi says a buyout of Mead is in the "realm of possibility," and it estimates the company is worth $120-$130 per share in a takeout. The firm raised its price target for Mead shares to $109 from $105 citing the company's revenue momentum following its Q2 results. Citi reiterates a Buy rating on Mead.
06:00 EDTLOInternational Game Lorillard
Stocks with implied volatility below IV index mean; Lorillard (LO) 16, International Game (IGT) 13 according to iVolatility.
July 22, 2014
14:25 EDTMJNMead Johnson calls active after WSJ says Danone seeking expansion
Subscribe for More Information
14:23 EDTMJNMead Johnson jumps after WSJ says Danone started strategic review
Shares of Mead Johnson (MJN) are moving higher after the Wall Street Journal reported that Danone (DANOY) has launched a strategic review. The French company has asked its top managers to explore expansion opportunities, The Journal stated, citing a person familiar with the matter. Shares of Mead Johnson, which reported its Q2 earnings earlier today, spiked 5%, or $4.91, to $97.18 following the report. WhiteWave Foods (WWAV) also moved higher following the report.
14:15 EDTMJNMead Johnson spikes after WSJ says Danone seeking expansion opportunities
14:14 EDTMJNMead Johnson rallies to high of the day, up 6% to $98.10
Subscribe for More Information
07:32 EDTMJNMead Johnson sees FY14 EPS $3.65-$3.72, consensus $3.70
Subscribe for More Information
07:31 EDTMJNMead Johnson reports Q2 adjusted EPS 88c consensus 89c
Subscribe for More Information
05:57 EDTLOStocks with implied volatility below IV index mean; LO IGT
Stocks with implied volatility below IV index mean; Lorillard (LO) 16, International Game (IGT) 11 according to iVolatility.
July 21, 2014
10:42 EDTLOOptions with decreasing implied volatility
Subscribe for More Information
10:00 EDTIFFFlavors, fragrances, ingredients 'in play,' Gabelli says
Subscribe for More Information
09:10 EDTLOOn The Fly: Pre-market Movers
HIGHER: Allergan (AGN), up 0.5% after Q2 results, FY14 outlook beat expectations and the company announces plans to reduce workforce by about 1,500 employees as part of restructuring. Also, Valeant (VRX) announced it has contacted both the SEC and Canadian financial authorities regarding Allergan's "apparent attempt to mislead investors and manipulate the market for Valeant common shares by continuing to make false and misleading statements regarding Valeant's business"... Extreme Networks (EXTR), up 13% after raising Q4 EPS, revenue view... Gas Natural (EGAS), up 6% after confirming it rejected $13 per share unsolicited offer from Algonquin Power... EMC (EMC), up 4.5% after the WSJ says Elliot Management took a stake of over $1B in the firm and plans to push the company to break itself up... GoPro, (GPRO), up 2.8% after initiated at several firms including Citigroup, Barclays and JPMorgan... Kandi Technologies (KNDI), up 6% after China Daily said China will not to waive a sales tax on electric cars made by foreign companies. Tesla (TSLA) is down 1% following the report. UP AFTER EARNINGS: Halliburton (HAL), up 0.5%... LOWER: Reynolds American (RAI), down 2.3% after a Florida jury hit the company with $23.6B in punitive damages in a lawsuit filed by the widow of a longtime smoker. Shares of fellow tobacco companies also fell after the jury decision, as Lorillard (LO) fell 2% and Altria (MO) slid 1.6%... Yum! Brands (YUM), down 2% after AP reported that a Shanghai TV station said a food supplier sold expired beef and chicken to the company's KFC brand in China along with to McDonald's (MCD), which is down 0.7%. DOWN AFTER EARNINGS: PetMed Express (PETS), down 2.4%... Hasbro (HAS), down 1.3%.
06:19 EDTVSIVitamin Shoppe recommended ahead of Q2 report at Goldman
Goldman believes Vitamin Shoppe (VSI) competitive pressures are overblown and that the company has relatively low overlap with GNC (GNC) and that recent price cuts have had minimal impact. The firm expects Vitamin Shoppe's Q2 to mark the beginning of sharp earnings acceleration and better execution and recommends buying shares ahead of the Q2 report. Shares are rated Conviction Buy with a $60 price target.
06:12 EDTLOStocks with implied volatility below IV index mean; LO IGT
Stocks with implied volatility below IV index mean; Lorillard (LO) 16, International Game (IGT) 14 according to iVolatility.
July 18, 2014
16:47 EDTLOMarket ends week higher as earnings, M&A offset geopolitical tensions
Subscribe for More Information
11:25 EDTLOOptions with decreasing implied volatility
Subscribe for More Information
09:14 EDTVFCVF Corp. expects Europe jeans business to go back to growth again
Subscribe for More Information
09:04 EDTVFCVF Corp. 'squarely on track' to meet FY14 gross margin goal of 49%
Subscribe for More Information
07:40 EDTMJNMead Johnson August volatility elevated as shares near record high into Q2
Subscribe for More Information
07:03 EDTVFCVF Corp. sees Q3 revenues up at a rate similar to Q2
Consensus is $3.6B. The company says "Third quarter revenues are expected to increase at a rate similar to that of the second quarter driven primarily by strength within the Outdoor & Action Sports coalition, our international operations and continued strength in our direct-to-consumer businesses. The strongest growth and profit comparisons of the year are expected in the fourth quarter, when direct-to-consumer represents the most significant contribution of the year."
07:02 EDTVFCVF Corp. sees FY14 EPS $3.06, consensus $3.09
Subscribe for More Information
07:01 EDTVFCVF Corp. reports Q2 EPS 36c, consensus 35c
Subscribe for More Information
06:17 EDTMJNMead Johnson risk/reward favorable into Q2 results, says Citigroup
Subscribe for More Information
06:05 EDTLOStocks with implied volatility below IV index mean; LO IGT
Subscribe for More Information
July 17, 2014
15:26 EDTVFCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include General Electric (GE), consensus 39c; Honeywell (HON), consensus $1.36; Bank of New York Mellon (BK), consensus 56c; Johnson Controls (JCI), consensus 83c; V.F. Corporation (VFC), consensus 35c; Kansas City Southern (KSU), consensus $1.17; Autoliv (ALV), consensus $1.55.
11:12 EDTLOOptions with decreasing implied volatility
Subscribe for More Information
10:12 EDTGNC, VSIGNC drops after analyst downgrades on sales concerns
Subscribe for More Information
10:00 EDTGNCOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Buy from Strong Buy at ISI Group... Charter (CHTR) downgraded to Hold from Buy at Jefferies... Covidien (COV) downgraded to Hold from Buy at Needham... Diageo (DEO) downgraded to Underweight from Neutral at JPMorgan... GNC Holdings (GNC) downgraded to Hold from Buy at Jefferies... International Game (IGT) downgraded to Market Perform from Outperform at BMO Capital... JAVELIN Mortgage (JMI) downgraded to Market Perform from Outperform at JMP Securities... Macquarie Group (MQBKY) downgraded to Underweight from Neutral at JPMorgan... PNC Financial (PNC) downgraded to Neutral from Buy at Compass Point... PetSmart (PETM) downgraded to Sector Perform from Outperform at RBC Capital... Rexam (REXMY) downgraded to Hold from Buy at Deutsche Bank.
07:16 EDTGNCGNC Holdings downgraded to Hold from Buy at Jefferies
Jefferies downgraded GNC Holdings to Hold citing a slowdown in industry sales trends and risk of near-term earnings disappointments. The firm lowered its price target for shares to $39 from $50.
05:58 EDTLOStocks with implied volatility below IV index mean; LO IGT
Subscribe for More Information
05:30 EDTGNCGNC Holdings downgraded to Hold from Buy at Jefferies
Subscribe for More Information
<< 1 | 2 | 3 | 4 | 5 | all recent news | >>

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