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06:32 EDTHRLHormel Foods expects to exceed 10% earnings growth in FY15, consensus $2.59
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06:32 EDTHRLHormel Foods increases dividend 25%
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06:31 EDTPBRPetrobras upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Petrobras to Buy citing the recent pullback in shares and expectations for earnings growth in 2015-2016. Citi believes the company's challenges are priced into shares at current levels. It lowered its price target for the stock to $13 from $17.
06:31 EDTAMWDAmerican Woodmark reports Q2 EPS 48c, consensus 50c
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06:30 EDTHRLHormel Foods reports Q4 EPS 63c, consensus 64c
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06:29 EDTHSBCU.S. prosecutors to interview traders from HSBC, others in London, Reuters says
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06:29 EDTACSFAmerican Capital Senior Floating management to meet with Oppenheimer
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06:29 EDTMNK, NVSMallinckrodt says Questcor received subpoena from FTC in June
Mallinckrodt (MNK) disclosed in its quarterly regulatory filing that on June 11, Questcor received a subpoena and Civil Investigative Demand from the Federal Trade Commission seeking documentary materials and information regarding the FTC’s investigation into whether Questcor’s acquisition of certain rights to develop, market, manufacture, distribute, sell and commercialize Synacthen Depot from Novartis (NVS) violates the antitrust laws.
06:27 EDTCYBRCyberArk downgraded to Neutral from Buy at Nomura
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06:27 EDTTAOMTaomee sees Q4 revenues $6.3M-$6.8M, consensus $10.95M
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06:27 EDTMHRMagnum Hunter coverage assumed with a Buy at Canaccord
Target $7.
06:26 EDTCYBRCyberArk downgraded to Market Perform from Outperform at William Blair
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06:26 EDTTUPTupperware Brands downgraded to Neutral from Buy at B. Riley
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06:26 EDTBKUBankUnited downgraded to Neutral from Buy at Guggenheim
06:26 EDTTJXTJX upgraded to Overweight from Neutral at JPMorgan
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06:25 EDTTAOMTaomee reports Q3 EPS 9c, consensus 1c
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06:23 EDTARMH, INTCARM, Intel see growth opportunities in Internet of things segment, DigiTimes say
ARM-based CPU platforms are not expected to achieve any significant results within the next two years in PC and server industries, reports DigiTimes. According to sources from the supply chain, ARM (ARMH) and Intel (INTC) have found a new business opportunity in the Internet of things segment and both expect growth in that area. Reference Link
06:22 EDTBRCDBrocade downgraded to Hold from Buy at Wunderlich
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06:22 EDTTWX, TCEHYHBO, Tencent sign deal to distribute dramas, movies online in China, WSJ reports
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06:21 EDTMSI, SSNLF, LPLPanel makers look to secure orders from Motorola in 2015, DigiTimes reports
Motorola is assessing new panel makers going into 2015 as it prepares for stronger shipments, reports DigiTimes. Samsung (SSNLF), LG Display (LPL), Taiwan Display and Innolux are all aiming to secure orders from Motorola in 2015. The company is also continuing to focus on emerging markets with an emphasis on promoting entry-level handsets in India and Brazil. Reference Link
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