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Stock Market & Financial Investment News

News Breaks
October 26, 2012
10:00 EDTACAT, OI, HBAN, AB, LAZ, TGT, STEL, EXPE, PG, PSX, MYL, CMEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AllianceBernstein (AB) upgraded to Equal Weight from Underweight at Morgan Stanley... CME Group (CME) upgraded to Outperform from Market Perform at Raymond James... Expedia (EXPE) upgraded to Buy from Hold at Benchmark Co.... Expedia (EXPE) upgraded to Outperform from Market Perform at Raymond James... Huntington Bancshares (HBAN) upgraded to Buy from Neutral at Citigroup... Mylan (MYL) upgraded to Buy from Hold at Canaccord... StellarOne (STEL) upgraded to Strong Buy from Outperform at Raymond James... Owens-Illinois (OI) upgraded to Buy from Neutral at BofA/Merrill... Phillips 66 (PSX) upgraded to Outperform from Neutral at Credit Suisse... Target (TGT) upgraded to Buy from Neutral at Buckingham... Arctic Cat (ACAT) upgraded to Strong Buy from Buy at Felti... Proctor and Gamble (PG) upgraded to Outperform from Underperform at CLSA... Lazard (LAZ) upgraded to Neutral from Sell at Rochdale.
News For AB;CME;EXPE;HBAN;MYL;STEL;OI;PSX;TGT;ACAT;PG;LAZ From The Last 14 Days
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March 19, 2015
08:32 EDTOIAramark appoints Stephen Bramlage CFO effective April 6
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08:12 EDTOIOwens-Illinois CFO Steve Bramlage resigns, John Haudrich named acting CFO
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08:03 EDTPGInter Parfums unit to acquire Procter & Gamble's Rochas brand for $108M
Inter Parfums (IPAR) announced that its majority owned Paris-based subsidiary, Interparfums S.A. has entered into an agreement with The Procter & Gamble Company (PG) to acquire the Rochas brand. This transaction will cover all brand names and registered trademarks for Rochas, mainly for class 3 cosmetics and class 25 fashion. This acquisition will be payable in cash on the closing date for $108M and financed entirely through a medium term loan. This transaction is expected to be completed within the first half of 2015, subject to customary closing conditions.
07:17 EDTTGTStephens to hold a conference
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06:36 EDTTGTTarget settles class action lawsuit over data breach, Reuters reports
Target agreed to pay $10M to settle a class action lawsuit related to its 2013 data breach, according to Reuters. Under the settlement, which must be approved by a federal judge, the retailer also agreed to implement data security measures, including hiring a chief information security officer, the news service stated. Reference Link
March 18, 2015
17:42 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, WSJ says
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15:56 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, Dow Jones says
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12:26 EDTTGTTarget unveils extended one-year return policy
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10:26 EDTABAllianceBernstein management to meet with Jefferies
Meetings to be held in Los Angeles/Pasadena/San Francisco March 23-26 hosted by Jefferies.
07:18 EDTCMEWells Fargo to hold a forum
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March 17, 2015
15:13 EDTCMEGFI Group in talks to sell tech assets to CME Group, Bloomberg reports
CME Group (CME) has held preliminary talks with BGC Partners (BGCP) about buying trading-software units Trayport and Fenics from GFI Group (GFIG), reported Bloomberg, citing people with knowledge of the matter. The assets may be valued at more than $600M, the report noted. GFI Group shares move into positive ground and are now up 0.5% in afternoon trading following the Bloomberg report. Reference Link
15:01 EDTCMECME Group in talks to buy tech assets from GFI Group, Bloomberg says
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09:05 EDTTGTMicrosoft Band now available at Best Buy, Target, Amazon, Re/code reports
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08:34 EDTMYLInSite Vision announces settlement of lawsuit against Mylan
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06:02 EDTHBANHuntington Bancshares to add 250 jobs in Michigan
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March 16, 2015
10:46 EDTPGProcter & Gamble weighs deal for beauty brands, Bloomberg reports
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10:40 EDTPGProcter & Gamble weighs single deal for beauty brands, Bloomberg says
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10:28 EDTMYLOptions with increasing implied volatility
Options with increasing implied volatility: PVA NFLX BMRN DNOW MYL TEVA PEP GE
06:16 EDTPGWal-Mart to sell Tide rival Persil in stores, WSJ reports
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06:12 EDTCMECME Group sent out incorrect copper settlement prices on Friday, WSJ reports
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