I’ve been using a great service for the past few months that has become an important part of my morning preparation. The service is Fly On the Wall and they provide alerts to you for news, upgrades/downgrades and rumors. I have it set up so that these alerts are sent to my inbox and I can check them quickly without having to login to the service. Several companies that provide a similar service are very expensive, but at $25/month, the Fly On the Wall provides great value in my opinion.
Barrons reviewed the service in September of last year and had this to say:
"FINDING THE MARKET DATA YOU WANT IS RARELY a problem these days. The hard part is finding a way to grab the information quickly — and without having to wade through a dozen or more Websites. If you’re not already locked into a familiar path, here are three ways to speed up your repetitive tasks.
Get up to speed on breaking news before it breaks: We’ve looked at The Fly on the Wall (www.theflyonthewall.com) numerous times over the years, and it’s become an even more powerful tool. It provides a constant feed of market information: news (analyst recommendations, midday break-ins, trading calls being made to the buy side, etc.); events and presentations; and syndicate (analysis of deals assembled by groups of financial institutions). Designers have spiffed up the site, too, so your viewing experience is easier and more pleasant.
No other site we’ve seen — including Briefing.com (www.briefing.com), one of our favorite market monitors — flies so fast and furiously through rumors and actions that may affect moves.
In most items, a bit of explanatory text is included. The Fly on the Wall has an audio product that runs silently in the background but speaks up when there’s breaking news to be heard; this is included in subscription prices. Subscription rates are $25 a month for Fly News; $25 a month for Fly Syndicate (analyses of deals assembled by groups of financial institutions); and $15 a month for Fly Events. Bundled and annual discounts are available. This long-time site has grown exponentially over the years, and we recommend it highly for any market watcher whose research budget supports it."
I recommend checking it out – I believe they still offer a free trial for 30 days.