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Stock Market & Financial Investment News

News Breaks
April 2, 2014
10:55 EDTWFC, WFC, ACN, ACN, N, N, CTSH, CTSH, CSCO, CSCO, ADBE, ADBE, NTAP, NTAP, TIVO, TIVO, RENT, RENTWells Fargo to hold a summit
4th Annual Tech Transformation Summit is being held in San Francisco on April 2-3 with webcasted company presentations to begin on April 2 at 11 am; not all company presentations may be webcasted. Webcast Link
News For WFC;ACN;N;CTSH;CSCO;ADBE;NTAP;TIVO;RENT From The Last 14 Days
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August 19, 2015
16:05 EDTNTAPNetApp spikes over 15% after reporting Q1 results, guidance
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16:03 EDTNTAPNetApp sees Q2 EPS 55c-60c, consensus 46c
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16:02 EDTNTAPNetApp reports Q1 EPS 29c, consensus 23c
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15:53 EDTNTAPNetApp August 29.5 straddle priced for 5.3% movement into Q1
14:48 EDTNTAPNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include L Brands (LB), consensus 68c... NetApp (NTAP), consensus 23c... Synopsys (SNPS), consensus 59c... Popeyes Louisiana Kitchen (PLKI), consensus 44c... Semtech (SMTC), consensus 24c.
14:16 EDTNTAPNetApp technical comments ahead of earnings
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13:30 EDTNTAPOptions with increasing put volume;
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12:53 EDTNTAPEarnings Watch: Analysts mostly bearish on NetApp ahead of Q1 earnings
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August 18, 2015
17:35 EDTWFCWells Fargo to build additional car loan branches, Reuters says
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13:36 EDTNTAPNetApp August volatility elevated into Q1 and outlook
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11:01 EDTCSCOScansource exercises LOI to acquire assets of KBZ
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07:23 EDTRENTBWS Financial to hold a conference
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August 17, 2015
11:18 EDTCSCOEZchip to supply chips to cloud data centers, Bloomberg says
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10:09 EDTCSCO, NTAPOn The Fly: Analyst Downgrade Summary
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09:36 EDTACNAccenture acquires Total Logistics, terms not disclosed
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08:49 EDTRENTRentrak management to meet with Brean Capital
Meeting to be held in Los Angeles on August 20 hosted by Brean Capital.
08:04 EDTACNAccenture to acquire Schlumberger Business Consulting
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07:39 EDTCSCOTMC to hold a conference
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06:45 EDTCSCOCisco downgraded to Equal Weight from Overweight at Morgan Stanley
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06:04 EDTNTAPNetApp downgraded to Sell from Hold at Summit Research
Summit Research analyst Srini Nandury downgraded NetApp (NTAP) to Sell saying dynamics in the storage industry as well as the company's Cluster ONTAP product transition will make revenue growth "elusive in the near-term." Weaker storage spending and continued problems with getting customers to upgrade to Cluster ONTAP could drive consensus estimates lower from current levels, Nandury tells investors in a research note. Further, the analyst believes NetApp continues to lose high sales performers to competitors such as Nimble Storage (NMBL), Pure Storage, Tegile and Tintri. He expects the company's FY16 revenue to decline 6% on top of the 3% decline in FY15, with only modest growth in FY17. Nandury cut his price target for NetApp shares to $28 from $32. The stock closed Friday up 13c to $30.75.
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