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Stock Market & Financial Investment News

News Breaks
July 28, 2014
07:06 EDTCACI, XGTIxG Technology awarded U.S. Army subcontract by CACI
xG Technology (XGTI) has announced that it has been awarded a subcontract by CACI (CACI) to provide communications and network services on CACI's prime contract with the U.S. Army's Communications-Electronics Research, Development and Engineering Center Space and Terrestrial Communications Directorate. The five-year multiple-award indefinite delivery/indefinite quantity prime contract has a ceiling value of $497M.
News For XGTI;CACI From The Last 14 Days
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February 10, 2016
15:26 EDTCACICACI backs FY16 EPS view $5.37-$5.77, consensus $5.61
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February 8, 2016
16:35 EDTXGTIHudson Bay Capital reports 9.99% passive stake in xG Technology
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February 5, 2016
10:02 EDTCACIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Abbott (ABT) upgraded on valuation at Argus... Allstate (ALL) upgraded to Buy from Neutral at Citi... CACI (CACI) upgraded to Buy from Neutral at Citi... Coca-Cola Enterprises (CCE) upgraded to Neutral from Negative at Susquehanna... Coca-Cola (KO) upgraded to Neutral from Negative at Susquehanna... Comcast (CMCSA) upgraded following Q4 results at Argus... DCT Industrial (DCT) upgraded to Neutral from Underperform at Credit Suisse... Fluidigm (FLDM) upgraded to Buy from Neutral at Mizuho... Glu Mobile (GLUU) upgraded to Buy from Hold at Benchmark... Goldman Sachs (GS) upgraded to Buy at UBS... JPMorgan (JPM) upgraded to Buy from Neutral at UBS... KeyCorp (KEY) upgraded to Buy from Neutral at UBS... Kona Grill (KONA) upgraded to Outperform from Market Perform at Telsey Advisory... LPL Financial (LPLA) upgraded to Neutral at Susquehanna... Level 3 (LVLT) upgraded to Overweight from Equal Weight at Stephens... Resolute Forest (RFP) upgraded to Outperform from Sector Perform at RBC Capital... Suburban Propane (SPH) upgraded to Buy from Neutral at Citi... Sysco (SYY) upgraded at Argus... U.S. Concrete (USCR) upgraded to Buy from Neutral at Citi... Ubiquiti (UBNT) upgraded to Buy from Hold at Wunderlich... United Natural Foods (UNFI) upgraded to Sector Perform from Underperform at RBC Capital... Weatherford (WFT) upgraded to Strong Buy from Market Perform at Raymond James... Whole Foods (WFM) upgraded to Neutral from Underperform at Longbow... Wi-LAN (WILN) upgraded to Speculative Buy from Hold at Canaccord.
08:13 EDTCACICACI upgraded to Buy from Neutral at Citi
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February 3, 2016
16:27 EDTCACICACI sees NSS acquisition generating $400M-$450M in revenue
Following are the key factors related to the company's updated FY16 guidance: Expects that the acquisition of NSS will generate $400M-$450M in revenue and $10M-$15M of net income before $6M-$7M of one-time, after-tax acquisition-related costs in the second half of FY16. In addition, the company incurred about $3M of one-time, after-tax acquisition expenses in the first half. Depreciation and intangible amortization is now expected to be approximately $65M. Net interest expense is now expected to be approximately $42M. Expects that operating cash flow will be in excess of $225M.
16:24 EDTCACICACI raises FY16 EPS view to $5.37-$5.77 from $5.24-$5.65, consensus $5.52
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16:23 EDTCACICACI raises FY16 guidance
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16:22 EDTCACICACI reports Q2 EPS $1.23, consensus $1.17
Reports Q2 revenue $830.4M, consensus $815.69M.
February 1, 2016
12:41 EDTCACICACI completes acquisition of L-3 National Security Solutions
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