New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 14, 2014
16:46 EDTBAC, DAL, GT, GOOG, EMN, LNC, HTZ, MET, OC, CBS, HAL, SNDK, UAL, QCOM, HCA, BIDU, AALAppaloosa Management gives quarterly update on stakes
NEW STAKES: American Airlines (AAL), Halliburton (HAL), Eastman Chemical (EMN), Baidu (BIDU) and CBS (CBS). INCREASED STAKES: Google (GOOG), HCA Holdings (HCA) and Owens Corning (OC). DECREASED STAKES: Goodyear (GT), Qualcomm (QCOM), MetLife (MET). Delta (DAL) and United Continental (UAL). LIQUIDATED STAKES: Hertz (HTZ), Bank of America (BAC), Sandisk (SNDK) and Lincoln National (LNC).
News For AAL;HAL;EMN;BIDU;CBS;GOOG;HCA;OC;GT;QCOM;MET;DAL;UAL;HTZ;BAC;SNDK;LNC 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 | 4 | 5 | 6 | 7 | 8 | all recent news | >>
November 14, 2014
12:53 EDTUAL, QCOMOmega Advisors gives quarterly update on stakes
NEW STAKES: AerCap Holdings (AER), Nordic American Offshore (NAO), Melco Crown Entertainment (MPEL), Groupon (GRPN), and Ashland (ASH). INCREASED STAKES: QEP Resources (QEP), United Continental (UAL), Cabot Oil & Gas (COG), Actavis (ACT), and KAR Auction Services (KAR). DECREASED STAKES: Sprint (S), SandRidge Energy (SD), Sirius XM Holdings (SIRI), Kinder Morgan (KMI), and Transocean (RIG). LIQUIDATED STAKES: QUALCOMM (QCOM), Ocwen Financial (OCN), Freeport-McMoRan (FCX), Boston Scientific (BSX), and Capital One (COF).
10:43 EDTHALJefferies cautious on regulatory view of potential Baker Hughes-Halliburton deal
Subscribe for More Information
10:05 EDTHTZHertz restatatement news worse than expected, says Deutsche Bank
Subscribe for More Information
10:02 EDTHTZHertz restatements to last into next year, says Wells Fargo
After speaking with management, Wells Fargo says Hertz's restatement process is likely to last through most of the first half of 2015. On the plus side, Wells notes that it confirmed vehicle fleet depreciation was not cited as an issue with the company's 2011-2013 restatements. The firm has an Outperform rating on the stock.
09:56 EDTHTZHertz falls on restatements, levels to watch
Subscribe for More Information
09:38 EDTHTZ, CBSJANA Partners gives quarterly update on stakes
NEW STAKES: AMD (AMD), AECOM Technology (ACM), Alibaba (BABA), McDonald's (MCD), Amgen (AMGN), Gaming and Leisure Properties (GLPI), Iron Mountain (IRM), iRobot (IRBT), Seadrill Partners (SDLP), Valeant (VRX). INCREASED STAKES: eBay (EBAY), Charter (CHTR), Groupon (GRPN), HD Supply (HDS), Hertz (HTZ). DECREASED STAKES: Apache (APA). LIQUIDATED STAKES: CBS (CBS), Endo (ENDP), FMC Corporation (FMC), SeaWorld (SEAS), SunEdison (SUNE).
09:38 EDTHTZActive equity options trading
Subscribe for More Information
09:16 EDTHALOn The Fly: Pre-market Movers
Subscribe for More Information
08:20 EDTHTZHertz November volatility elevated into outlining new rental car strategy
Subscribe for More Information
08:00 EDTHALHalliburton, Baker deal would face 'intense' DOJ scrutiny, says Jefferies
Subscribe for More Information
07:27 EDTHALHalliburton acquisition of Baker Hughes would make sense, says Wells Fargo
After Baker Hughes (BHI) confirmed that it was in talks about selling itself to Halliburton (HAL) , Wells Fargo thinks the deal would make sense strategically, and says that a deal could be made. The firm says the deal would benefit both companies, and could be accretive for Halliburton. Wells keeps an Outperform rating on Halliburton.
07:21 EDTHTZHertz: Lower revenue growth, higher directing expenses are transitionary
Interim CEO Brian MacDonald said, "We believe the lower revenue growth and higher direct operating expenses we are experiencing in 2014 are transitory, primarily associated with fleet and systems integration challenges related to the Dollar Thrifty acquisition as well as some execution issues. We are addressing the operational issues by strategically repositioning the fleet, hiring incremental sales and maintenance staff and migrating the Dollar and Thrifty financial and counter systems onto Hertz systems. Accordingly, 2015 will represent a transitional year with a more normal base performance becoming evident in 2016."
07:20 EDTHTZHertz sees FY14 corporate EBITDA $1.3B-$1.45B
Subscribe for More Information
07:20 EDTHTZHertz reports Q3 revenue $3.12B, compared to $3.07B a year ago
Subscribe for More Information
07:17 EDTHTZHertz to restate 2011, 2012, 2013 financial statements
Subscribe for More Information
07:16 EDTHTZHertz to implement global cost reduction program
Subscribe for More Information
07:16 EDTHTZHertz announces new U.S. rental car fleet strategy
Hertz announced a new fleet purchasing strategy to improve the U.S. rental car business's competitive position and customer experience. Hertz will purchase roughly 350,000 model year 2015 vehicles in the U.S., approximately 60% more than the model year 2014 vehicles. Approximately 25% of the model year 2015 fleet buy is being delivered in the fourth quarter of 2014. Approximately 70% of the U.S. operating fleet is expected to be risk vehicles in calendar year 2015 versus approximately 85% in 2014. As the company strategically transforms the U.S. fleet, the average U.S. risk-car holding period for 2014 and 2015 model year vehicles is expected to be substantially lower than the 2013 model year holding periods. To accelerate its fleet transformation, the company increased its fourth quarter U.S. risk vehicle dispositions by 45% versus plan, targeting its highest mileage vehicles. As of the end of October, approximately 40% of the sales planned for fourth quarter 2014 have been completed. For the full year 2014, U.S. car rental monthly depreciation per vehicle is expected to be approximately $280 - $300 per unit, which is higher than forecast primarily due to the accelerated disposition timeline and weaker residual values.
06:20 EDTHALCiti sees 10% accretion if Halliburton pays $66/share for Baker Hughes
Subscribe for More Information
06:00 EDTGOOGGoogle to retire Google Wallet for digital goods API on March 2, 2015
Subscribe for More Information
05:55 EDTHALStocks with implied volatility movement; AFSI HAL
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 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