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Stock Market & Financial Investment News

News Breaks
June 24, 2014
11:59 EDTWWWWWeb.com sell-off overdone, says SunTrust at SunTrust
SunTrust believes the impact on Web.com (WWWW) from Google's (GOOG) registration initiative will be moderate and manageable in the intermediate term and notes churn is only 1%. The firm would use weakness as a buying opportunity and reiterates its Buy rating and $38 price target.
News For WWWW From The Last 14 Days
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August 1, 2014
16:24 EDTWWWWOn The Fly: Closing Wrap
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10:19 EDTWWWWWeb.com tumbles after results, levels to watch
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10:00 EDTWWWWOn The Fly: Analyst Downgrade Summary
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09:27 EDTWWWWOn The Fly: Pre-market Movers
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09:04 EDTWWWWWeb.com downgraded to Hold from Buy at BWS Financial
BWS Financial downgraded Web.com with a $24 price target following the company's weaker than expected Q2 results.
07:28 EDTWWWWWeb.com price target lowered to $26 from $41 at RBC Capital
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06:50 EDTWWWWWeb.com downgraded to Neutral from Buy at SunTrust
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July 31, 2014
18:58 EDTWWWWOn The Fly: After Hours Movers
UP AFTER EARNINGS: Imperva (IMPV), up 13.4% after reporting quarterly results... LinkedIn (LNKD), up 7.7% after reporting better than expected second quarter results and guidance for third quarter and fiscal 2014... Expedia (EXPE), up 2.1% after reporting second quarter results above analyst estimates and raising its quarterly dividend... Priceline (PCLN), up marginally following Expedia's second quarter results...Tableau Software (DATA), up 1.5%... Mohawk (MHK), up 3%. ALSO HIGHER: Sarepta Therapeutics (SRPT), up 3.4% after the FDA said that it will explore quick approval of DMD drugs. DOWN AFTER EARNINGS: Web.com (WWWW), down 16.8% after reporting second quarter results and acquiring UK online directory company Scoot... ARRIS Group (ARRS), down 8.6%... Control4 (CTRL), down 11.1%... SunPower (SPWR), down 5%... GoPro (GPRO), down 11.2%... Outerwall (OUTR), down 2%... Tesla (TSLA), down marginally after reporting second quarter results and announcing that it broke ground on a possible Gigafactory location in Reno, Nevada.
16:33 EDTWWWWWeb.com acquires Scoot
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16:32 EDTWWWWWeb.com reports Q2 EPS 62c, consensus 62c
Reports Q2 revenue $138.2M, consensus $146.9M. Average Revenue Per User of $14.89 grew 14c sequentially and 80c year-over-year.

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