New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 10, 2014
10:05 EDTAA, TI, TCB, HOT, SIVB, PVTB, MLM, MRC, MBFI, IBDRY, HFC, HEINY, CWH, CMA, ADSK, MDRX, TSCOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alcoa (AA) upgraded to Overweight from Equal Weight at Morgan Stanley... Allscripts (MDRX) upgraded at ISI Group... Autodesk (ADSK) assumed with an Overweight from Equal Weight at Barclays... Comerica (CMA) upgraded to Buy from Neutral at Guggenheim... CommonWealth REIT (CWH) upgraded to Buy from Hold at Stifel... Heineken (HEINY) upgraded to Neutral from Underperform at Credit Suisse... HollyFrontier (HFC) upgraded to Neutral from Underperform at Macquarie... Iberdrola (IBDRY) upgraded to Outperform from Neutral at Credit Suisse... MB Financial (MBFI) upgraded to Buy from Neutral at Sterne Agee... MRC Global (MRC) upgraded to Neutral from Underperform at BofA/Merrill... Martin Marietta (MLM) upgraded to Conviction Buy from Buy at Goldman... PrivateBancorp (PVTB) upgraded to Buy from Neutral at Sterne Agee... SVB Financial (SIVB) upgraded to Buy from Hold at Sandler O'Neill... Starwood (HOT) upgraded to Buy from Hold at MLV & Co.... TCF Financial (TCB) upgraded to Buy from Neutral at Sterne Agee... Telecom Italia (TI) upgraded to Overweight from Neutral at JPMorgan... Tractor Supply (TSCO) upgraded to Outperform from Neutral at Credit Suisse.
News For AA;MDRX;ADSK;CMA;CWH;HEINY;HFC;IBDRY;MBFI;MRC;MLM;PVTB;SIVB;HOT;TCB;TI;TSCO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
October 20, 2014
09:13 EDTCMAComerica downgraded to Hold from Buy at Rafferty Capital
Rafferty downgraded Comerica to Hold based on concerns the company will not be able to maintain its net interest income combined with operating expenses over the next few quarters. Price target lowered to$48 from $59. Note that Bernstein, Nomura, and Sandler O'Neill upgraded shares this morning.
08:16 EDTCMAComerica upgraded to Buy from Hold at Sandler O'Neill
Sandler O'Neill upgraded Comerica to Buy with a $49 price target due to valuation and increased confidence in cost controls. Note this is the third upgrade of the day.
07:56 EDTADSKAutodesk estimates raised after 'robust' checks at Pacific Crest
Pacific Crest raised its estimates for Autodesk to the higher end of management guidance after its European channel checks came back "robust." The firm says after some initially weak reseller checks in the U.K. and Germany, those markets have improved. It sees potential upside to guidance and keeps an Outperform rating on Autodesk.
06:49 EDTCMAComerica upgraded to Neutral from Reduce at Nomura
Nomura upgraded Comerica to Neutral based on reasonable valuation. Price target lowered to $41 from $42. Note that Bernstein upgraded shares to Market Perform this morning.
05:55 EDTCMAComerica upgraded to Market Perform from Underperform at Bernstein
Subscribe for More Information
October 17, 2014
10:00 EDTPVTBOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Buy from Neutral at Nomura... AMD (AMD) upgraded to Sector Perform from Underperform at Pacific Crest... Atlantic Power (AT) upgraded to Market Perform from Underperform at BMO Capital... Basic Energy (BAS) upgraded to Outperform from Market Perform at Cowen... BorgWarner (BWA) upgraded to Buy from Hold at Deutsche Bank... CA Technologies (CA) upgraded to Overweight from Equal Weight at Barclays... Calumet Specialty Products (CLMT) upgraded to Outperform at Wells Fargo... DHT Holdings (DHT) upgraded to Buy from Hold at Evercore... Exelon (EXC) upgraded to Neutral from Sell at Citigroup... Fifth Third Bancorp (FITB) upgraded to Buy from Neutral at Citigroup... Goldman Sachs (GS) upgraded to Outperform from Market Perform at Keefe Bruyette... Helmerich & Payne (HP) upgraded to Buy from Neutral at UBS... Hilton (HLT) upgraded to Buy from Neutral at SunTrust... Hyatt Hotels (H) upgraded to Outperform from Neutral at Macquarie... IPG Photonics (IPGP) upgraded at Stifel... ITC Holdings (ITC) upgraded to Neutral from Underperform at Credit Suisse... Manpower (MAN) upgraded to Outperform from Market Perform at Avondale... Nabors Industries (NBR) upgraded to Outperform from Market Perform at Cowen... Newpark Resources (NR) upgraded at Cowen... Old Dominion (ODFL) upgraded to Buy from Neutral at Longbow... PDC Energy (PDCE) upgraded at SunTrust... Patterson-UTI (PTEN) upgraded to Buy from Neutral at UBS... PrivateBancorp (PVTB) upgraded to Outperform from Neutral at Macquarie... QLogic (QLGC) upgraded to Buy from Hold at Summit Research... RPC, Inc. (RES) upgraded at Cowen... Sonoco (SON) upgraded to Neutral from Underperform at DA Davidson... Southwestern Energy (SWN) upgraded to Outperform from Market Perform at Raymond James... SunEdison (SUNE) upgraded to Outperform at Cowen... TSMC (TSM) upgraded to Buy from Neutral at Mizuho... Tesco (TESO) upgraded to Outperform from Market Perform at Cowen... UnitedHealth (UNH) upgraded to Outperform from Market Perform at Leerink... Xilinx (XLNX) upgraded to Outperform from Market Perform at Wells Fargo.
06:47 EDTCMAComerica now sees FY14 average loans growth of about 5%
Subscribe for More Information
06:47 EDTCMAComerica sees slight growth in average loans in Q4
Subscribe for More Information
06:42 EDTCMAComerica reports Q3 EPS 82c, consensus 80c
Subscribe for More Information
06:31 EDTPVTBPrivateBancorp upgraded to Outperform from Neutral at Macquarie
Subscribe for More Information
October 16, 2014
15:26 EDTCMANotable companies reporting before tomorrow's open
Subscribe for More Information
07:33 EDTPVTBPrivateBancorp reports Q3 EPS 51c, consensus 48c
Reports Q3 loan loss provision $3.7M vs. $2.0M in Q2. Reports Q3 net charge-offs $88K vs. $2.3M in Q2.
October 15, 2014
10:02 EDTHEINYOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:02 EDTAAAlcoa to sell stake in Jamalco to Noble
Alcoa and Noble Group announced the signing of a definitive agreement that will result in Alcoa World Alumina and Chemicals selling 100% of its ownership stake in the Jamalco bauxite mining and alumina refining joint venture to Noble for $140M. AWAC will continue as the managing operator for three years under a compensated service agreement and employees will remain employed by Jamalco. The Jamalco joint venture is 55% owned by Alcoa Minerals of Jamaica and 45% owned by Clarendon Alumina Production. AMJ is part of the AWAC joint venture, owned 60% by Alcoa and 40 percent by Alumina. CAP is a company wholly owned by the Government of Jamaica. The sale is subject to customary regulatory approvals, and is expected to close by the end of Q4. As a result of the transaction, Alcoa will record a non-cash loss of approximately $80M-$100M, or between 7c-9c per share, after-tax and non-controlling interest in Q4. This sale is in line with Alcoa’s strategy to create a globally competitive commodity business.
09:01 EDTAAAlcoa to sell stake in Jamalco to Noble
Subscribe for More Information
07:05 EDTMRCMRC Global initiated with a Buy at ISI Group
Subscribe for More Information
October 14, 2014
17:07 EDTHEINYHeineken upgraded to Buy from Neutral at Goldman
16:00 EDTAAOptions Update; October 14, 2014
iPath S&P 500 VIX Short-Term Futures down 40c to 39.11. Option volume leaders: AAPL TSLA TWTR AMZN GILD C JNJ AA NFLX PBR according to Track Data.
09:51 EDTTITelecom Italia CEO says Tim Participacoes not in rush for deal, Reuters reports
Telecom Italia (TI) CEO Marco Emilio Patuano told Valor Economico that TIM Participaçoes (TSU) can remain competitive in Brazil for five years without losing market share and that it is not in a rush for potential mergers and acquisitions, reported Reuters. TIM Brasil reportedly hired an advisor to look at a potential bid for Oi (OIBR), a source told Reuters previously, and Oi itself has hired a bank as well to advise it on a possible bid for Telecom Italia's 67% stake in TIM Brasil, the report noted, but Patuano told Valor: "I find it curious to see public comments [on a potential Oi bid for TIM] well before there is any concrete possibility of such a thing happening. Telecom Italia is not seeking an offer." Reference Link
October 13, 2014
09:39 EDTAAActive equity options trading on open
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use