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Stock Market & Financial Investment News

News Breaks
June 19, 2014
16:03 EDTEVDY, WBMDWebMD commences litigation against Everyday Health
WebMD Health (WBMD) announced that its subsidiary, WebMD, has commenced litigation against Everyday Health Media, a subsidiary of Everyday Health (EVDY), for trademark infringement, false advertising and unfair competition. WebMD's complaint, filed in the United States District Court for the Southern District of New York, shows that Everyday Health is using the WebMD trademark on Everyday Health's web pages; in Everyday Health website addresses; and in search advertising campaigns to deceive and mislead consumers into believing they are visiting WebMD's trusted health and wellness resources. WebMD believes that these practices also mislead advertisers whose ads are placed by Everyday Health on areas of its website that infringe WebMD's brands. These activities infringe on WebMD's trademarks and go well beyond the legally permissible practice of simply buying search terms against a competitor's name. WebMD is seeking a permanent injunction barring Everyday Health from engaging in such illegal acts, damages for the harm to WebMD's business and reputation, an accounting of the profits Everyday Health secured for itself from its wrongful conduct, and the attorneys' fees and costs incurred by WebMD in enforcing these laws against Everyday Health's willful misconduct.
News For WBMD;EVDY From The Last 14 Days
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August 3, 2015
10:00 EDTWBMDOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AMC Networks (AMCX) upgraded to Overweight at Morgan Stanley... Assurant (AIZ) upgraded to Buy from Underperform at BofA/Merrill... BG Group (BRGYY) upgraded to Outperform from Neutral at Credit Suisse... CarMax (KMX) upgraded to Conviction Buy from Buy at Goldman... Extended Stay America (STAY) upgraded to Outperform from Neutral at Baird... Finish Line (FINL) upgraded to Buy from Neutral at Buckingham... First Potomac (FPO) upgraded on positive outlook at BMO Capital... Helmerich & Payne (HP) upgraded to Accumulate from Neutral at Global Hunter... Infineon (IFNNY) upgraded to Neutral from Underperform at BofA/Merrill... NVIDIA (NVDA) upgraded to Outperform from Neutral at Macquarie... Plexus (PLXS) upgraded to Buy from Neutral at Goldman... RAIT Financial (RAS) upgraded to Buy from Neutral at Ladenburg... Royal Dutch Shell (RDS.A) upgraded to Buy from Neutral at UBS... Torchmark (TMK) upgraded to Market Perform from Underperform at FBR Capital... WebMD (WBMD) upgraded to Buy from Neutral at SunTrust... WestRock (WRK) upgraded to Outperform from Market Perform at Wells Fargo... Whiting Petroleum (WLL) upgraded to Buy from Hold at Canaccord.
07:30 EDTWBMDWebMD upgraded on positive catalysts at SunTrust
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06:10 EDTWBMDWebMD upgraded to Buy from Neutral at SunTrust
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July 30, 2015
16:18 EDTWBMDWebMD narrows FY15 revenue to $625M-$635M, consensus $624.22M
Sees FY15 adjusted EBITDA $185M-$190M. Expects $492M-$500M of FY15 revenue to come from advertising and sponsorship.
16:16 EDTWBMDWebMD sees Q3 revenue $148.5M-$151.5M, consensus $156M
Sees Q3 adjusted EBITDA $41M-$43M.
16:15 EDTWBMDWebMD reports Q2 adjusted EPS 27c, consensus 23c
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