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Stock Market & Financial Investment News

Today's Free Fly Stories
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08:36 EDTBRLIBio-Reference Labs reports Q4 EPS 66c, consensus 63c
Reports Q4 revenue $227.59M, consensus $228.81M.
08:35 EDTRGSERGS Energy awarded over 80 contracts from Solarize Rhode Island project
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08:34 EDTFutures continue to suggest sharply higher open
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08:33 EDTALDXAldeyra submits FDA IND filing for noninfectious anterior uveitis
Aldeyra Therapeutics submitted an Investigational New Drug application to conduct Phase 2 clinical testing of NS2 for the treatment of noninfectious anterior uveitis to the FDA on December 16. Noninfectious anterior uveitis is a rare disease that affects an estimated 25,000 patients per year in the U.S. Aldeyra has developed an ophthalmic formulation of its lead product candidate, NS2, to treat this disease and intends to initiate a Phase 2 trial for this indication in 2015, pending FDA review of the IND.
08:32 EDTKFYKorn/Ferry expects to declare first quarterly dividend in March 2015
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08:31 EDTFTEKFuel Tech awarded air pollution control orders totaling $3.6M
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08:31 EDTSWKS, AAPLSkyworks price target raised to $90 from $75 at Pacific Crest
Pacific Crest increased its price target on Skyworks (SWKS), citing better than expected handset demand at Apple (AAPL) and Samsung. The firm expects Skyworks' revenue and gross margins to continue rising significantly into 2015. Pacific Crest recommends buying Skyworks.
08:30 EDTALU, NOKAlcatel-Lucent, Nokia reported to be in merger talks, Bloomberg says
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08:26 EDTVRSKVerisk Analytics named a top pick at Morgan Stanley
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08:26 EDTKEXKirby sell-off a buying opportunity, says FBR Capital
FBR Capital lowered its price target for Kirby shares to $100 from $145 following the company's guidance cut, but views the corresponding sell-off as a buying opportunity. FBR thinks slower near-term growth is already reflected in the stock and notes management could look to make an acquisition with the reduced sector valuations. FBR removed Kirby from its Top Picks list and keeps an Outperform rating on the name.
08:25 EDTORCLPressure on Oracle financials increasing, says Oppenheimer
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08:23 EDTGM, VLKAY, TTMSeveral automakers halt Russia car sales due to ruble, Bloomberg reports
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08:23 EDTIHSIHS Inc. downgraded to Underweight from Equal Weight at Morgan Stanley
As previously reported, Morgan Stanley downgraded IHS Inc to Underweight from Equal Weight. The firm expects declining capex at energy companies to pressure organic revenue growth and has concerns the company pursue larger acquisitions to compensate. Price target lowered to $107 from $131.
08:22 EDTTWCTime Warner Cable downgraded to Neutral from Buy at BTIG
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08:20 EDTU.S. initial jobless claims preview:
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08:19 EDTYELPYelp pullback a buying opportunity, says Wunderlich
Wunderlich recommends using the pullback in shares of Yelp as a buying opportunity. The firm says its checks with Yelp advertisers has reinforced the value of the ads. It thinks acquisition rumors could resurface with Yelp now trading at a "more affordable price." Wunderlich reiterates a Buy rating on the stock with a $105 price target.
08:19 EDTAHSAMN Healthcare acquisition positive, says SunTrust
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08:18 EDTSSprint Chief Network Officer says 2014 network milestones met
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08:14 EDTLODEComstock Mining launches 2014-2015 exploration & development program
Comstock Mining has launched its 2014-2015 exploration and development drilling program. Drilling on the East-side of Lucerne commenced this week. The Program has four major objectives, 1) expanding the Lucerne East-side gold and silver resources, mine plan and current surface mining into the company's newly permitted area, 2) accelerating underground feasibility and developing high-grade, underground mine plans for that same newly permitted area, 3) expanding the Dayton gold and silver resources and developing a mine plan for potential future production, and 4) establishing a third major resource in the Spring Valley target area. The first phase is expected to include 35 Reverse Circulation drill holes totaling approximately 5,000 feet on the Lucerne East-side. The planned initial investment of approximately $1M will allow for the expansion of surface mining and help assess the feasibility of specific underground mining opportunities. Subsequent phases of exploration drilling for the Lucerne will extend farther south and east for an additional investment of $1M. The Dayton Resource Area and Spring Valley areas are scheduled for approximately 80,000 feet of RC drilling and approximately 20,000 feet of core drilling at a total investment of approximately $2.9M and $2.0M, respectively.
08:12 EDTABXBarrick Gold to suspend operations at Lumwana
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