New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 9, 2014
18:50 EDTHD, LL, RGDO, HELI, HPQ, ZUMZ, LOW, SIR, MEMP, HELE, UAL, TTS, GOV, PBPB, LNVGY, ZNGAOn The Fly: After Hours Movers
HIGHER: Zumiez (ZUMZ), up 10.5% after raising second quarter outlook... Zynga (ZNGA), up 1.7% after appointing Google executive Dr. Regina Dugan to the company's board... United Continental (UAL), up 6.4% after reporting June traffic... HP (HPQ) and Lenovo (LNVGY), up fractionally after second quarter PC shipment data was released by Gartner and IDC. DOWN AFTER EARNINGS: Helen of Troy (HELE), down 4.9% after reporting first quarter results below analyst estimates... CHC Group (HELI), down 7.3% after reporting quarterly results. ALSO LOWER: Potbelly (PBPB), down 16.4% after lowering second quarter and fiscal 2014 outlook... Memorial Production Partners (MEMP), down 4.3% after filing to sell 8.6M shares of common units for partners... Regado Biosciences (RGDO), down 2.22% after the FDA placed a clinical hold on the company's ongoing Phase 3 REGULATE-PCI trial... Government Properties Income Trust (GOV), down 1.5% after purchasing shares of Select Income REIT (SIR), which is down 2.9%. NOTABLE: Lumber Liquidators (LL), down 19.3% after cutting full-year outlook... Others in the flooring space that are trading down include Tile Shop (TTS), down 5%,Lowe's (LOW), down 2.1% and Home Depot (HD), down 1.1%.
News For ZUMZ;ZNGA;UAL;HPQ;LNVGY;HELE;HELI;PBPB;MEMP;RGDO;GOV;SIR;LL;TTS;LOW;HD From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
January 15, 2015
06:55 EDTHPQHP removed from short-term buy list at Deutsche Bank
Subscribe for More Information
January 14, 2015
10:00 EDTHELIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ACE Limited (ACE) downgraded to Neutral from Outperform at Macquarie... AXIS Capital (AXS) downgraded to Neutral from Outperform at Macquarie... Allstate (ALL) downgraded to Underperform from Neutral at Macquarie... Altera (ALTR) downgraded to Neutral from Overweight at JPMorgan... American Midstream Partners (AMID) downgraded to Neutral from Buy at BofA/Merrill... Argo Group (AGII) downgraded to Underperform from Neutral at Macquarie... Aspen Insurance (AHL) downgraded to Underperform from Neutral at Macquarie... Beneficial Bancorp (BNCL) downgraded to Neutral at Boenning & Scattergood... CDW Corporation (CDW) downgraded to Neutral from Buy at Goldman... CHC Group (HELI) downgraded at Raymond James... CIRCOR (CIR) downgraded to Hold from Buy at Stifel... Chesapeake (CHK) downgraded to Underweight from Equal Weight at Barclays... Commerzbank (CRZBY) downgraded to Sell from Neutral at Goldman... Continental Resources (CLR) downgraded to Equal Weight from Overweight at Barclays... Corporate Office Properties (OFC) downgraded to Market Perform at Wells Fargo... Credit Suisse (CS) downgraded to Neutral from Overweight at HSBC... Datawatch (DWCH) downgraded to Hold at Canaccord... Devon Energy (DVN) downgraded to Equal Weight from Overweight at Barclays... Dollar Tree (DLTR) downgraded to Neutral from Buy at Northcoast... Douglas Emmett (DEI) downgraded to Neutral from Buy at Mizuho... Dresser-Rand (DRC) downgraded to Underperform from Market Perform at Raymond James... Enable Midstream (ENBL) downgraded to Underperform from Neutral at BofA/Merrill... F5 Networks (FFIV) downgraded to Equal Weight from Overweight at Barclays... First Majestic (AG) downgraded to Sector Perform from Outperform at Scotia Capital... Foot Locker (FL) downgraded to Sell from Neutral at Goldman... Franklin Resources (BEN) downgraded to Neutral from Buy at Goldman... HCP (HCP) downgraded to Market Perform from Outperform at Wells Fargo... Halcon Resources (HK) downgraded to Underweight from Equal Weight at Barclays... Insulet (PODD) downgraded at Sterne Agee... J.B. Hunt (JBHT) downgraded to Market Perform from Outperform at Avondale... JPMorgan (JPM) downgraded to Underweight from Neutral at HSBC... KB Home (KBH) downgraded to Neutral from Outperform at Credit Suisse... Kosmos (KOS) downgraded to Equal Weight from Overweight at Barclays... Marathon Oil (MRO) downgraded to Equal Weight from Overweight at Barclays... Medley Management (MDLY) downgraded to Market Perform at Keefe Bruyette... MoneyGram (MGI) downgraded to Underperform from Neutral at BofA/Merrill... NPS Pharmaceuticals (NPSP) downgraded to Neutral from Overweight at JPMorgan... National Grid (NGG) downgraded to Underperform from Neutral at Credit Suisse... Navigators (NAVG) downgraded to Underperform from Neutral at Macquarie... Pioneer Energy (PES) downgraded at Raymond James... RSP Permian (RSPP) downgraded to Equal Weight from Overweight at Barclays... Rambus (RMBS) downgraded to Neutral from Overweight at JPMorgan... Realty Income (O) downgraded to Market Perform from Outperform at Wells Fargo... Red Hat (RHT) downgraded to Sell from Neutral at Goldman... Resolute Energy (REN) downgraded to Underweight from Equal Weight at Barclays... Ross Stores (ROST) downgraded to Neutral at UBS... SandRidge Energy (SD) downgraded to Underweight from Equal Weight at Barclays... Tech Data (TECD) downgraded to Sell from Neutral at Goldman... Teekay Offshore Partners (TOO) downgraded to Neutral from Buy at BofA/Merrill... Travelers (TRV) downgraded to Underperform from Neutral at Macquarie... TrueCar (TRUE) downgraded to Market Perform at Cowen... Valspar (VAL) downgraded to Neutral from Outperform at RW Baird... Verizon (VZ) downgraded at Evercore ISI... Viacom (VIAB) downgraded to Sell from Buy at Citigroup... W. R. Berkley (WRB) downgraded to Underperform from Neutral at Macquarie... Waddell & Reed (WDR) downgraded to Neutral from Buy at Goldman... Western Union (WU) downgraded to Underperform from Neutral at BofA/Merrill... Whiting Petroleum (WLL) downgraded to Equal Weight from Overweight at Barclays... Whole Foods (WFM) downgraded to Hold from Buy at Argus... Xilinx (XLNX) downgraded to Neutral from Overweight at JPMorgan... iRobot (IRBT) downgraded to Underweight from Neutral at JPMorgan.
09:09 EDTHELICHC Group downgraded at Raymond James
Subscribe for More Information
09:05 EDTSIRSelect Income REIT says reviewing Lakewood Capital presentation
Subscribe for More Information
08:55 EDTRGDORegado Biosciences to host conference call
Subscribe for More Information
08:07 EDTRGDORegado Biosciences and Tobira Therapeutics sign merger agreement
Subscribe for More Information
06:56 EDTHELICHC Group downgraded to Market Perform from Outperform at Raymond James
Subscribe for More Information
06:44 EDTSIRLakewood Capital releases presentation on Select Income REIT with SEC
Lakewood Capital Management announced that it has filed a detailed presentation with the SEC, outlining its concerns with Select Income REIT's governance and the misalignment of incentives between the company and its manager, Reit Management & Research. Lakewood firmly believes that Lenehan's election as a Trustee would give shareholders a voice towards improving the Company's corporate governance and share price performance. As set forth in more detail in the presentation, Lakewood believes that with proper governance improvements, SIR shares could be worth $40 per share or more, representing an increase of over 50% above recent trading levels.The company said the presentation outlines "Our belief that SIR shares could be worth $40 per share or more, representing an increase of 50% above recent trading levels; How SIR's stock trades at a deep discount to its net asset value and has dramatically underperformed its peers due, we believe, to widely-held concerns around corporate governance; The misalignment of interests due to SIR's external management structure in which RMR receives fees almost entirely based off of the size of the assets of the Company, as opposed to SIR's share price performance; Several recent actions taken by the Board of Trustees that have only served to deepen investor mistrust."
06:14 EDTHPQ, LNVGYMediaTek: Worldwide tablet shipments rise at slower pace, DigiTimes says
Subscribe for More Information
January 13, 2015
12:48 EDTHPQOn The Fly: Midday Wrap
Subscribe for More Information
11:57 EDTHPQHP rises after PC report despite Pacific Crest downgrade
Shares of personal computer maker Hewlett-Packard (HPQ) are rising after research firm Gartner estimated that worldwide PC shipments had risen 1% last quarter. The advance comes despite research firm Pacific Crest having downgraded HP shares this morning. WHAT'S NEW: Worldwide shipments of PCs increased 1% last quarter, Gartner estimated. "These results indicate a slow, but consistent improvement following more than two years of decline," the firm wrote. The estimate suggests that PCs are not fading into oblivion, as some had predicted. Despite this news, research firm Pacific Crest downgraded HP to Sector Perform from Outperform in a note to investors today. HP is facing increased competition, as a number of companies are buying fewer individual servers and IT storage products, Pacific Crest analyst Brent Bracelin stated. Instead, they are buying integrated IT stacks. Ongoing technological trends could make this option more popular going forward, the analyst believes. Additionally, new data storage systems - including next wave systems with software-defined controls, cloud storage systems, and open sources systems - are growing rapidly and could increase the competitive pressure on HP, the analyst stated. Bracelin is less confident that HP's multiple can expand further going forward, he added. WHAT'S NOTABLE: Bracelin also downgraded NetApp (NTAP) to Sector Perform from Outperform for the same reasons that he cut his rating on HP. The analyst identified Tableau (DATA), F5 Networks (FFIV), Qlik Technologies (QLIK), and Nimble Storage (NMBL) as his favorite names in the IT infrastructure sector. F5 should benefit from earnings and multiple expansion as it carries out its security strategy, while Qlik is well-positioned to generate improved growth and margins, the analyst stated. Tableau and Nimble are poised to report better than expected results as their new products ramp up, Bracelin believes. OTHERS TO WATCH: Other companies that benefit from upbeat PC sales include Intel (INTC), Microsoft (MSFT), and hard disk drive makers Seagate (STX) and Western Digital (WDC). PRICE ACTION: In late morning trading, HP shares climbed 1.5% to $40.50.
10:27 EDTZNGAStocks with call strike movement; RIG NBR
Transocean (RIG) May 19 call option implied volatility decreased 3% to 72, Nabors Industries (NBR) June 13 call option implied volatility increased 2% to 69 according to IVolatility.
10:00 EDTHPQOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:49 EDTLNVGYLenovo weighs IPO for small device unit, Bloomberg reports
Lenovo, whose new small device unit to be called Shenqi could be worth “a couple of billion dollars” when it begins selling smartphones and smart-home devices under its own brand, is considering taking the new unit public, reported Bloomberg, citing an interview with Lenovo CEO Yang Yuanqing in Beijing. Reference Link
06:44 EDTHPQHP downgraded to Sector Perform from Outperform at Pacific Crest
Pacific Crest downgraded HP (HPQ) to Sector Perform citing valuation and rising competitive risks from hyperconvergence and new datastores. The firm lists Tableau (DATA), F5 Networks (FFIV), lik Technologies (QLIK) and Nimble Storage (NMBL) as its top names to own in the Cloud, Analytics & Data Infrastructure space. Pacific Crest also downgraded also NetApp (NTAP) to Sector Perform citing the same rationale as HP.
06:18 EDTZNGASilicon Valley shuttle drivers looking to unionize, USA Today reports
Subscribe for More Information
January 12, 2015
16:50 EDTLNVGY, HPQGartner says worldwide PC shipments in Q4 grew 1%
Subscribe for More Information
10:30 EDTZNGAStocks with call strike movement; RIG ZNGA
Transocean (RIG) May 17 call option implied volatility increased 10% to 79, Zynga (ZNGA) June 3 call option implied volatility increased 4% to 64 according to IVolatility.
10:00 EDTGOVOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:03 EDTGOVGovernment Properties downgraded to Underperform from Hold at Jefferies
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use