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Benzinga's Top Initiations
Tuesday, August 23, 2016 - 8:27am | 401William Blair initiated coverage of Patheon NV (NYSE: PTHN) with an Outperform rating. Patheon shares gained 0.39 percent to close at $27.97 on Monday. JP Morgan initiated coverage on Talend SA ADR (NASDAQ: TLND) with a Neutral rating. The price target for Talend is set to $30....
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Benzinga's Top Downgrades
Monday, August 15, 2016 - 8:14am | 367Jefferies downgraded Dollar General Corp. (NYSE: DG) from Buy to Hold. The price target for Dollar General has been lowered from $101 to $96. Dollar General shares rose 0.20 percent to $93.10 in pre-market trading. Argus Research downgraded McDonald's Corporation (NYSE: MCD)...
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Chipotle Announces New Hamburger Chain
Thursday, July 28, 2016 - 3:39pm | 258Chipotle Mexican Grill, Inc. (NYSE: CMG) announced its own hamburger chain, with the first store set to open this fall. The chain will be called Tasty Made and the first store will open in Lancaster, Ohio. This new concept will focus on a limited menu, with burgers, fries and milkshakes, with a...
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Social Media Races Past Autos, Oil as Earnings Parade Continues
Thursday, July 28, 2016 - 9:14am | 1510Social media outdid bricks and mortar, at least in the latest 24 hours of earnings season. A big “like” went out for results from Facebook Inc (NASDAQ: FB) after Wednesday’s close, with the stock climbing sharply on the news. That contrasted with weaker than expected results...
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15 Biggest Mid-Day Losers For Tuesday
Tuesday, July 26, 2016 - 11:53am | 622Tokai Pharmaceuticals Inc (NASDAQ: TKAI) shares tumbled 76.2 percent to $1.24 as the company reported that it is planning to discontinue the Phase 3 ARMOR3-SV trial of prostate cancer treatment. CARDIOME PHARMA CORP (NASDAQ: CRME) shares dipped 43.4 percent to $3.00. Cardiome priced...
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The Market In 5 Minutes: Apple And Twitter And McDonald's, Oh My!
Tuesday, July 26, 2016 - 7:55am | 1112Below is a tool used by the Benzinga News Desk each trading day -- it's a look at everything happening in the market, in five minutes. Apply for daily AM access by clicking here or email minutes@benzinga.com. Macro Focus U.S. stock futures struggled for direction on Tuesday, with...
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15 Stocks Moving In Tuesday's Pre-Market Session
Tuesday, July 26, 2016 - 7:29am | 602Gainers Stone Energy Corporation (NYSE: SGY) shares rose 11.3 percent to $13.30 in pre-market trading after the company issued a strong production update. Stone Energy expects Q2 production of 29 MBoe per day. Galena Biopharma Inc (NASDAQ: GALE) rose 6.1 percent to $0.480 in the pre-...
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McDonald's Serves A Miss As Sales Come In Below Expectations
Tuesday, July 26, 2016 - 7:10am | 231McDonald's Corporation (NYSE: MCD) released its Q2 results on Tuesday morning. The fast food leader reported GAAP earnings per share of $1.25 and revenues of $6.265 billion. Analysts had a revenue estimate of $6.27 billion. McDonald's also reported Q2 Global Comps were up 3.1 percent....
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Earnings Scheduled For July 26, 2016
Tuesday, July 26, 2016 - 4:03am | 1467Companies Reporting Before The Bell Asbury Automotive Group, Inc. (NYSE: ABG) is expected to report its quarterly earnings at $1.65 per share on revenue of $1.72 billion. Caterpillar Inc. (NYSE: CAT) is projected to report its quarterly earnings at $0.97 per share on revenue of...
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Keep an Eye on These 12 Stocks for July 26, 2016
Tuesday, July 26, 2016 - 3:28am | 576Some of the stocks that may grab investor focus today are: Wall Street expects Apple Inc. (NASDAQ: AAPL) to post quarterly earnings at $1.39 per share on revenue of $42.02 billion after the closing bell. Apple shares slipped 0.21 percent to $97.14 in after-hours trading. Analysts...
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Can MCD Feed Higher Sales with More than Breakfast?
Monday, July 25, 2016 - 10:41am | 1253There are manufacturing, fast-food, pharmaceuticals, and apparel companies in the earnings parade early this week. Caterpillar Inc. (NYSE: CAT), McDonald’s Corporation (NYSE: MCD), El Lilly and Co (NYSE: LLY), and Under Armour Inc (NYSE: UA) are on tap to report quarterly earnings ahead of...
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Week Ahead: It's Not Just Earnings This Time, as GDP, Fed Also on Tap
Monday, July 25, 2016 - 9:06am | 1318The recipe for this coming week? A stew of earnings, peppered with data and a Fed meeting. Also ahead: A first look at estimated Q2 gross domestic product (GDP). There’s a truckload of earnings on the way, with key companies reporting early in the week including Caterpillar Inc. (NYSE:...
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Earnings Scheduled For July 7, 2016
Thursday, July 7, 2016 - 4:08am | 270PepsiCo, Inc. (NYSE: PEP) is estimated to report its quarterly earnings at $1.30 per share on revenue of $15.37 billion. Apollo Education Group Inc (NASDAQ: APOL) is expected to post its quarterly earnings at $0.28 per share on revenue of $546.97 million. WD-40 Company (NASDAQ:...
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7 Largest Price Target Changes For Monday
Monday, June 27, 2016 - 8:45am | 226JPMorgan lowered the price target for Goldman Sachs Group Inc (NYSE: GS) from $179 to $163. Goldman Sachs shares fell 1.74 percent to trade at $139.39. Morgan Stanley raised Pandora Media Inc (NYSE: P) price target from $11 to $15. Pandora shares rose 2.04 percent to $11.98....
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No More M&Ms In Your McFlurry?
Wednesday, June 15, 2016 - 3:46pm | 198McDonald's Corporation (NYSE: MCD)'s famous McFlurrys might be missing a key ingredient soon. "An industry source familiar with Mars' thinking said the company has had talks with the world's largest fast-food chain and other partners about its candies' inclusion in...