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Stock Market & Financial Investment News

News For RKT;WMB;NXST;HW;LF;BKD From The Last 14 Days
Check below for free stories on RKT;WMB;NXST;HW;LF;BKD the last two weeks.
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July 21, 2014
10:19 EDTLFHasbro tumbles after lower games performance weighs on sales
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10:02 EDTRKTOn The Fly: Analyst Downgrade Summary
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09:00 EDTRKTRockTenn downgraded to Neutral from Outperform at Macquarie
07:55 EDTRKTJuly containerboard medium prices decline $10, says Deutsche Bank
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July 17, 2014
10:55 EDTLFMattel topples after Q2 earnings miss estimates
Shares of global toy product manufacturer Mattel (MAT), are toppling over after the company's second quarter earnings results fell below analysts' consensus. WHAT'S NEW: Mattel's reported Q2 earnings per share of 8c, which was not comparable to a consensus of 18c since the company said its EPS number included a tax benefit of 11c per share and a negative impact of 7c per share of MEGA Brands acquisition and integration costs. Excluding both of these items, EPS was 3c per share. Mattel's Q2 revenue was $1.06B, which missed analysts' consensus estimates of $1.19B. For Q2, the company reported that its Girls and Boys Brands sales were down 13%, Fisher-Price Brands sales were down 17%, American Girl Bands revenue was up 6% and revenue from its Construction and Arts & Crafts Brands was $61.6M. WHAT'S NOTABLE: During its earnings conference conference call, Mattel said that it plans to increase advertising spending in the second half of the year to build momentum for key brands. It sees improving global trends in point-of-sale but says the company still has a lot of work to do to improve those trends. As Mattel looks to the third quarter, it sees continued challenges from current headwinds. With the MEGA brands deal now closed, the company aims to improve profitability of MEGA brands on a global basis and believes the acquisition will be accretive to earnings in fiscal year 2015. It expects lower international sales and is investing heavily in markets in Russia and China. Mattel is looking to maintain gross margins in the low to mid-50% range in near term. It noted that it aims to achieve a modest increase in SG&A due to severance and ongoing growth investments, excluding the MEGA Brands acquisition. Inventory fair value adjustment related to existing MEGA Brands-owned inventory should wind down in Q3, the company said. Amortization is expected to decrease to $17M in 2015 and $9M in 2016. PRICE ACTION: Shares of Mattel are down $2.31, or 5.92%, to $36.72 in morning trading. OTHERS TO WATCH: Mattel peer Hasbro (HAS), which reports quarterly earnings on July 21, is relatively flat at $52.59. JAKKS Pacific (JAKK) is up almost 1.5% to $8.20 and and LeapFrog (LF) is up 3.02% to $7.66.
08:25 EDTLFLeapFrog LeapTV product platform could be very big, says BMO Capital
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July 16, 2014
10:00 EDTBKDOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Airlines (AAL) initiated with an Overweight at Atlantic Equities... Apple (AAPL) initiated with a Buy at Citigroup... Basic Energy (BAS) initiated with a Neutral at RW Baird... Brookdale Senior Living (BKD) initiated with a Buy at Goldman... CA Technologies (CA) initiated with a Market Perform at FBR Capital... Dresser-Rand (DRC) initiated with a Neutral at RW Baird... Fortinet (FTNT) initiated with a Neutral at Goldman... Frank's International (FI) initiated with a Hold at Jefferies... Home Bancorp (HBCP) initiated with an Outperform at Fig Partners... Key Energy (KEG) initiated with an Outperform at RW Baird... McDermott (MDR) initiated with a Neutral at Tigress Financial... ORBCOMM (ORBC) initiated with a Neutral at Macquarie... Oil States (OIS) initiated with an Outperform at RW Baird... PBF Energy (PBF) initiated with an Equal Weight at Barclays... Palo Alto (PANW) assumed with a Conviction Buy at Goldman... Proofpoint (PFPT) initiated with a Buy at Goldman... Qlik Technologies (QLIK) initiated with a Market Perform at FBR Capital... Radius Health (RDUS) initiated with a Buy at Canaccord... Seventy Seven Energy (SSE) initiated with a Hold at Jefferies... Superior Energy (SPN) initiated with an Outperform at RW Baird... Tandem Diabetes (TNDM) initiated with an Outperform at William Blair... Trecora Resources (TREC) initiated with a Buy at B. Riley... Ultragenyx (RARE) initiated with an Outperform at RW Baird... United Natural Foods (UNFI) initiated with an Outperform at Oppenheimer... Viper Energy (VNOM) initiated with a Market Perform at Northland... Whiting Petroleum (WLL) initiated with a Buy at Tigress Financial.
05:53 EDTBKDBrookdale Senior Living initiated with a Buy at Goldman
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July 14, 2014
12:17 EDTHWHeadwaters acquires assets of LA Ash Products, Services
Headwaters announced acquisition of the assets of LA Ash Products and Services. The company said, "Combined with LA Ash, we expect incremental dry and hydrated CFB ash sales of more than 300K tons primarily in the Louisiana and Texas markets. The acquisition was paid for in cash and will be accretive to earnings in 2014."
July 11, 2014
06:20 EDTBKDBrookdale Senior Living stockholders approve merger with Emeritus
Brookdale Senior Living (BKD) announced that pursuant to Brookdale's previously announced merger agreement with Emeritus (ESC), Brookdale stockholders voted to approve an amendment to its certificate of incorporation and the issuance of Brookdale common stock to Emeritus stockholders in the merger. The transaction is expected to close in the third quarter.
July 10, 2014
10:05 EDTNXSTOn The Fly: Analyst Initiation Summary
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July 9, 2014
16:28 EDTNXSTNexstar initiated with a Hold at Noble Financial
July 8, 2014
07:05 EDTWMBWilliams added to US Focus List at Credit Suisse
Credit Suisse added Williams to the US Focus List based on a strong growth outlook and yield. Shares are Outperform rated with a $69 price target.

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