UBS Remains Neutral as Cheesecake Factory (CAKE) Looks For a Positive 2016
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Pre-Open Stock Movers 10/27: (TRIV) (UQM) (BABA) Higher; (RRTS) (RCII) (MRVL) Lower (more...)
October 27, 2015 9:31 AM EDTTriVascular Technologies, Inc. (Nasdaq: TRIV) 50.8% HIGHER; Endologix (NASDAQ: ELGX) and TriVascular Technologies, Inc. (Nasdaq: TRIV) announced today that they have entered into a definitive merger agreement under which Endologix and TriVascular will combine in a stock and cash transaction. The transaction is valued at $9.10 per TriVascular share, or a total of approximately $211 million, based on Endologix's closing stock price of $13.81 per share on October 23, 2015.
Roadrunner Transportation (NYSE:... More
Jefferies Cuts Price Target on Cheesecake Factory (CAKE) Following Decent 3Q and Labor Pressure Concerns
October 27, 2015 8:22 AM EDTJefferies maintained a Hold rating on Cheesecake Factory (NASDAQ: CAKE), and cut the price target to $52.00 (from $53.00), following the company's 3Q15 earnings results. Although SSS were essentially in line with 2.7% check average growth and -0.5% traffic, overall revenues missed expectations as the company is predominantly building... More
BTIG Upgrades Cheesecake Factory (CAKE) to Buy
October 27, 2015 6:37 AM EDTBTIG upgraded Cheesecake Factory (NASDAQ: CAKE) from Neutral to Buy with a price target of $60. The change follows Q3 results. Analyst Peter Saleh noted consistent sales, and he believes guidance for 2016 is conservative.
"We recognize the pressure from labor inflation and tough... More
After-Hours Movers 10/26: (TRIV) (IDTI) (EW) Higher; (RCII) (MRVL) (MSTR) Lower (more...)
October 26, 2015 5:51 PM EDTTriVascular Technologies, Inc. (Nasdaq: TRIV) 50.8% HIGHER; Endologix (NASDAQ: ELGX) and TriVascular Technologies, Inc. (Nasdaq: TRIV) announced today that they have entered into a definitive merger agreement under which Endologix and TriVascular will combine in a stock and cash transaction. The transaction is valued at $9.10 per TriVascular share, or a total of approximately $211 million, based on Endologix's closing stock price of $13.81 per share on October 23, 2015.
Cheesecake Factory (CAKE) Tops Q3 EPS by 3c
October 26, 2015 4:16 PM EDTCheesecake Factory (NASDAQ: CAKE) reported Q3 EPS of $0.59, $0.03 better than the analyst estimate of $0.56. Revenue for the quarter came in at $526.7 million versus the consensus estimate of $534.95 million.
Comparable restaurant sales at The Cheesecake Factory restaurants increased 2.2% in the third quarter of fiscal... More
Trading Radar for 10/26: Crane (CR), Xerox (XRX), W.R. Berkley (WRB), Taubman Centers (TCO) Report
October 23, 2015 3:03 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
Bank Of Hawaii Corp. (NYSE: BOH) - consensus EPS $0.95
Changyou.com (Nasdaq: CYOU) - consensus EPS $0.72
Check Point Software Technology (NYSE: (Nasdaq: ) - consensus EPS $0.98
JAKKS Pacific (Nasdaq: JAKK) - consensus EPS $1.09
Lab Corp. (NYSE: LH) - consensus EPS $2.07
LendingTree (Nasdaq: TREE) -... More
