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Stock Market & Financial Investment News

News Breaks
May 23, 2014
10:46 EDTJOE, MTZ, RNA, LPX, DNR, TPH, ABB, ADES, WAT, WYHigh option volume stocks: WY TPH RNA WAT DNR MTZ ADES LPX JOE ABB
News For WY;TPH;RNA;WAT;DNR;MTZ;ADES;LPX;JOE;ABB From The Last 14 Days
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July 31, 2015
05:38 EDTWYWeyerhaeuser expects slightly lower earnings from Timberlands in Q3
Weyerhaeuser expects slightly lower earnings from the Timberlands segment in the third quarter. In the West, the company expects lower fee harvest volumes, partially offset by higher log sales realizations, as a result of a prolonged fire season. In the South, the company anticipates increased fee harvest volumes offset by seasonally higher silviculture costs. Weyerhaeuser expects higher earnings from the Wood Products segment in the third quarter. The company anticipates seasonally higher sales volumes across most product lines and improved average sales realizations for lumber and oriented strand board. Weyerhaeuser expects significantly higher earnings from the Cellulose Fibers segment in the third quarter primarily due to minimal scheduled maintenance outage days. Additionally, the company anticipates lower average pulp sales realizations, partially offset by increased sales volumes.
05:38 EDTWYWeyerhaeuser says western domestic and export log sales realizations declined
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05:37 EDTWYWeyerhaeuser reports Q2 EPS 26c vs. 47c last year
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05:18 EDTMTZMasTec sees Q2 adjusted EPS 10c-13c, consensus 28c
Sees Q2 revenue approximately $1.1B, consensus $1.02B. The company also announced that it expects to file its Quarterly Report on Form 10-Q for the quarterly period ended March 31 not later than August 10 and expects that final reported net loss attributable to MasTec will be reduced by approximately $0.5M as compared to the company's previously disclosed unaudited, preliminary net loss attributable to MasTec. The company's Q2 results have been negatively affected by significant disruptions caused by heavy rains and flooding in many of its work areas from the Gulf of Mexico coast to the Canadian border. This rain and flooding has negatively affected Q2 productivity and margins across various segments. In addition, Q2 operating results for the company's Electrical Transmission segment are significantly weaker than initially expected due to lower revenues, the impact of rain and flooding and project inefficiencies. This segment has been the primary focus of the Audit Committee independent investigation over the past several months, requiring a significant amount of time and effort by its management team. These matters have diverted the attention of management from the operations of its business and its performance in obtaining new project awards has suffered during this period. We currently expect this segment will underperform and will show continued weakness in revenue and operating profit during the second half of 2015 as it seeks to replenish its backlog and normalize its operations.
05:16 EDTMTZMasTec finds certain accounting adjustments appropriate in FY14 results
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July 29, 2015
10:00 EDTWATOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: 3D Systems (DDD) upgraded to Neutral from Underperform at Longbow... AK Steel (AKS) upgraded to Outperform from Neutral at Macquarie... Ally Financial (ALLY) upgraded to Outperform from Neutral at Credit Suisse... Amazon.com (AMZN) upgraded to Buy from Hold at Stifel... Arrow Electronics (ARW) upgraded to Buy from Underperform at CLSA... Beacon Roofing (BECN) upgraded to Buy from Neutral at CL King... Citrix (CTXS) upgraded to Outperform at Baird... Commvault (CVLT) upgraded to Buy from Hold at Jefferies... FireEye (FEYE) upgraded on positive checks, business mdoel changes at Oppenheimer... Hibbett Sports (HIBB) upgraded to Neutral from Underperform at Sterne Agee CRT... Integra LifeSciences (IART) upgraded to Outperform at Raymond James... M/A-COM (MTSI) upgraded to Buy from Hold at Needham... Norsk Hydro (NHYDY) upgraded to Neutral from Underperform at Exane BNP Paribas... NuVasive (NUVA) upgraded to Outperform from Market Perform at Northland... SM Energy (SM) upgraded to Outperform from Market Perform at Raymond James... Scorpio Bulkers (SALT) upgraded to Buy from Hold at Deutsche Bank... Sirius XM (SIRI) upgraded to Buy from Hold at Wunderlich... Sprouts Farmers Markets (SFM) upgraded to Neutral from Underperform at Longbow... Supervalu (SVU) upgraded to Equal Weight from Underweight at Morgan Stanley... Waters (WAT) upgraded to Outperform from Market Perform at Wells Fargo... Wells Fargo (WFC) upgraded to Buy from Neutral at Guggenheim... Williams-Sonoma (WSM) upgraded to Overweight from Neutral at JPMorgan... YRC Worldwide (YRCW) upgraded to Strong Buy at Raymond James.
07:30 EDTWATWaters upgraded to Outperform on biopharma strength at Wells Fargo
Wells Fargo upgraded Waters Corporation to Outperform from Market Perform saying the company posted core revenue growth well above the industry average for the fourth consecutive quarter. It believes Waters' strength in biopharma is sustainable and raised its price target range for shares to $140-$145 from $125-$130.
06:20 EDTWATWaters upgraded to Outperform from Market Perform at Wells Fargo
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July 28, 2015
08:52 EDTWATWaters sees Q3 EPS $1.33-$1.43, consensus $1.37
Sees Q3 constant currency sales growth 7%. Currency is expected to reduce sales by about 7%.
08:52 EDTWATWaters raises FY15 EPS view to $5.75-$5.90 from $5.67-$5.87
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08:44 EDTWATWaters sees FY performance 'better' than original expectations
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07:04 EDTWATWaters reports Q2 adjusted EPS $1.32, consensus $1.27
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July 22, 2015
07:16 EDTABBActivist may push for ABB break-up, Bloomberg reports
Activist investor Cevian Capital is now the second largest stakeholder in ABB with a 5.1% stake and may push for a breakup or other changes at the power grid maker, according to Bloomberg, citing a person familiar with the investor's plans. Reference Link
06:27 EDTDNRDenbury Resources coverage assumed with a Neutral at Credit Suisse
Target $6.

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