Moody’s cuts Ruby Tuesday’s RT debt rating to B3 from B2 with a negative outlook.
Tesoro Logistics TLLP : Q3 EPS of $0.37 misses by $0.24. Revenue of $93M (+113.4% Y/Y) beats by $10M
Media General (MEG) receives the go ahead from the FCC for its merger with New Young Broadcasting.
Howard Hughes (HHC): Q3 EPS of $0.26. Revenue of $103.51M beats by $5.01M
TheStreet .com (TST): Q3 EPS of -$0.03. Revenue of $13.6M (+17% Y/Y) beats by $2M
Mosaic MOS raises $2B in bond sales as a company restriction on share buybacks/dividends is set to expire on Nov. 26. –
Yahoo! YHOO: Q3 EPS of $0.34 beats by $0.01. Revenue of $1.08B misses by $0.01B more on YAHOO results –
Marten Transport MRTN: Q3 EPS of $0.24 beats by $0.01. Revenue of $167.1M misses by $1.37M. –
Goodrich Petroleum GDP announced a public offering of 6M common shares to fund the acceleration of its drilling program in the Tuscaloosa Marine Shale –
INTEL reported earnings of $0.58 per share, above analysts’ consensus estimate of $0.54 EPS. more on INTC results –
Pac Crest has raised its Infoblox BLOX Price target to $52 from $40. –
Goldman Sachs removed its Sell rating today on Johnson & Johnson upgrading shares to Neutral with a $95 price target, up from $87. –
NGL Energy Partners is initiated at Deutsche Bank with a Hold rating and $36 price target. –
Jana Partners, reduces its stake in Agrium AGU to 2.7% from 7.6%, according to a SEC filing. –
FXCM will replace Kaydon KDN in the S&P SmallCap 600. –
Safeway SWY leaving the Chicago market by early 2014, and unloading the 72 Domenick’s supermarkets it owns in the area. –
Barclays initiates precious metals miners Royal Gold RGLD with an Overweight rating and $67 price target and Franco-Nevada FNV at Equal Weight and a $50 target. –
BlackBerry BBRY co-founder Mike Lazaridis discloses has entered into an agreement with fellow co-founder Douglas Fregin to “explore the possibility of submitting a potential joint bid” for BlackBerry. Together, Lazaridis and Fregin own an 8% stake. –
Alkermes ALKS investigational treatment for major depressive disorder received fast-track designation from the FDA. –
Finisar FNSR has been upgraded to Hold by Jefferies. –
Cloud Peak Energy CLD is upgraded to Buy from Hold with an $18 target price at Stifel Nicolaus. –
Clean Energy Fuels CLNE is added to Piper Jaffray’s Top Picks List as a Sell with a new $4.50 price target, cut from $9.50 –
Alcoa: FQ3 EPS of $0.11 beats by $0.05. –
Barclays view on Vale VALE is tagged with a Sell rating and $13 price target –
Ladenburg Thalmann downgrades eGain EGAN to Neutral from Buy with a PT of $14.50. –
ISI’s Vijay Kumar downgrades Cepheid CPHD to Sell from Cautious. –
Suntrust Robinson Humphrey initiates coverage of Norwegian Cruise Line Holdings NCLH at Buy with a PT of $46 –
Ackman converts 40% of Herbalife short to long-term puts
PVH is unloading footwear brand G.H. Bass & Co., owned by the company since 1987, to G-III Apparel (GIII) for $50M in cash.
Cascade Microtech CSCD acquires ATT Advanced Temperature Test Systems, a manufacturer of thermal systems used in wafer testing, for ~$27M.