Category: Analysis

FB Nasdaq FB Facebook
Analysis, Earnings

Afternoon Stocks Watch: APEI; PRGO; MAIN; CSG; NCT

American Public Education (NASDAQ:APEI) was the target Friday of an investment-rating downgrade by BMO Capital Markets, which cut the stock to market perform from outperform following the online-postsecondary education provider’s late-Thursday release of lower-than-expected Q4 earnings and Q1 EPS guidance that was well below the Street view. BMO also cut its target price on APEI, lowering it to $36 from $44. In a note to … Continue reading Afternoon Stocks Watch: APEI; PRGO; MAIN; CSG; NCT

Kristen Barton
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 Pettis
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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 Meady
FB Nasdaq FB Facebook
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 Barton
FB Nasdaq FB Facebook
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 Keintzel
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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 Knox