Analysis, BioTech, business, Earnings, Finance

Notable Analyst Actions: MWE, ECA, STT, WPC, RTN

Markwest Energy Partners LP (NYSE:MWE) has been downgraded by analysts at Wells Fargo to a Market Perform rating form Outperform. The firm lowered its price target range on the stock to $66-$70 from $70-$74. In the pre-market session, shares of MWE are down 1.12% to $66.50, and move within a 52-week range of $54.60 – $75.79. North American energy producer Encana Corporation (NYSE:ECA, ECA.TO) says … Continue reading Notable Analyst Actions: MWE, ECA, STT, WPC, RTN

Colin Pettis02/2803/16

Analysis, Stock Movers

Amazon.com (NASDAQ:AMZN) Gains on Reports it’s Considering Offering Free Music to Prime Customers

Amazon (NASDAQ:AMZN) stock rose 1.2% on Friday on a report saying the online reis investigating giving its Prime subscription customers free music as it does with movies and television shows. Tech news site Recode reports industry sources say the online retailer is engaged in serious talks with big music labels as the company considers rolling out a Spotify-like music service to be offered to Prime … Continue reading Amazon.com (NASDAQ:AMZN) Gains on Reports it’s Considering Offering Free Music to Prime Customers

John Meady02/2802/28

Analysis, Analyst Actions, Earnings, Finance

Morning Analysis: DRQ; NRG; BSFT

Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax foreign exchange loss of $2.3 million, or $0.06 per diluted … Continue reading Morning Analysis: DRQ; NRG; BSFT

Kristen Barton02/2802/28

Analysis, Earnings

Morning Movers: EXLP, ACMP, PMC, RVBD, LXRX

Exterran Partners (NASDAQ:EXLP) said it has agreed to buy natural gas compression assets from Chesapeake Energy’s (NYSE:CHK) subsidiary Perrigo Company (NYSE:PRGO) said it has acquired a number of over-the-counter products sold in Australia and New Zealand from Aspen Global for $51 million in cash. The maker and distributor of among others OTC and generic prescription pharmaceuticals said the products include Herron analgesics, vitamins and supplements … Continue reading Morning Movers: EXLP, ACMP, PMC, RVBD, LXRX

Adam Keintzel02/2802/28

Analysis

Friday Earnings Roundup: MAIN; NCT; AMPE; FOE; MDVN

Financial shares were mixed in the pre-market session Friday as a few financial institutions reported earnings. In financial stocks news, Main Street Capital (NYSE:MAIN) reported net income for Q4 of $57 per share, up from 26% a year prior. And, Chambers Street Properties (CSG) reported Q4 FFO of $0.17 per share, edging past the Street view of $0.16 per share. Revenue of $65.23 million was … Continue reading Friday Earnings Roundup: MAIN; NCT; AMPE; FOE; MDVN

Jason Knox02/2802/28

Analysis

Deckers Shares Tumble in Pre-Market Trading

Shares of footwear maker Deckers Outdoor Corp. (NASDAQ:DECK) have tumbled 15.79% to $71.30 in the pre-market session after the company reported projected earnings that fell below analyst expectations. DECK forecast a loss of $0.16 per share for the first quarter of 2014, while analysts were expecting a profit of $0.11 per share, according to analysts polled by Capital IQ. The company said that opening 28 … Continue reading Deckers Shares Tumble in Pre-Market Trading