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Stock Market & Financial Investment News

News Breaks
May 2, 2012
10:35 EDTWWW, TRIP, STM, MAS, GNW, FBHS, FLEX, EW, BOOM, CKEC, ACIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Arch Coal (ACI) upgraded to Buy from Fair Value at CRT Capital... Carmike Cinemas (CKEC) upgraded to Outperform from Neutral at Macquarie... Dynamic Materials (BOOM) upgraded to Buy from Hold at Auriga... Edwards Lifesciences (EW) upgraded to Outperform from Market Perform at Wells Fargo... Flextronics (FLEX) upgraded to Neutral from Underperform at BofA/Merrill... Fortune Brands Home & Security (FBHS) upgraded to Outperform at RBC Capital... Genworth (GNW) upgraded to Neutral from Underperform at BofA/Merrill... Masco (MAS) upgraded to Sector Perform from Underperform at RBC Capital... STMicroelectronics (STM) upgraded to Buy from Neutral at Goldman... STMicroelectronics upgraded to Neutral from Sell at Citigroup... TripAdvisor (TRIP) upgraded to Buy from Neutral at BofA/Merrill... Wolverine World Wide (WWW) upgraded to Buy from Hold at Jefferies.
News For ACI;CKEC;BOOM;EW;FLEX;FBHS;GNW;MAS;STM;TRIP;WWW From The Last 14 Days
Check below for free stories on ACI;CKEC;BOOM;EW;FLEX;FBHS;GNW;MAS;STM;TRIP;WWW the last two weeks.
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August 27, 2014
18:05 EDTTRIPLiberty Interactive completes Liberty TripAdvisor Holdings spin-off
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09:53 EDTSTMOn The Fly: Analyst Initiation Summary
Bristol-Myers (BMY) initiated with a Hold at Deutsche Bank... ASML (ASML) initiated with a Hold at Stifel... Akamai (AKAM) initiated with an Outperform at RW Baird... Concur (CNQR) initiated with a Neutral at DA Davidson... CyrusOne (CONE) initiated with a Neutral at Citigroup... Eli Lilly (LLY) initiated with a Buy at Deutsche Bank... Garmin (GRMN) initiated with a Neutral at RW Baird... Merck (MRK) initiated with a Hold at Deutsche Bank... NetSuite (N) initiated with a Buy at DA Davidson... Oracle (ORCL) initiated with a Neutral at DA Davidson... Oxford Industries (OXM) initiated with a Buy at Wunderlich... Pfizer (PFE) initiated with a Buy at Deutsche Bank... ServiceNow (NOW) initiated with a Buy at DA Davidson... Workday (WDAY) initiated with a Neutral at DA Davidson... MannKind (MNKD) initiated with a Buy at Jefferies... STMicroelectronics (STM) initiated with an Underperform at Credit Suisse... Kirkland's (KIRK) initiated with an Outperform at Barrington.
08:21 EDTSTMSTMicroelectronics initiated with an Underperform at Credit Suisse
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August 26, 2014
06:54 EDTWWWWolverine World Wide initiated with a Neutral at Macquarie
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August 25, 2014
16:33 EDTTRIPLiberty sites when-issued trading for spin-off of Liberty TripAdvisor Holdings
Liberty Interactive (LINTA, LVNTA) announced that, in connection with its upcoming spin-off of its subsidiary Liberty TripAdvisor Holdings, it has been advised by Nasdaq that shares of TripAdvisor Holdings Series A and Series B common stock will trade on a when-issued basis on the Nasdaq Global Select Market under the symbols “LTPAV” and “LTPBV”, respectively, on August 27. The Spin-off will be effected through the distribution, by means of a dividend, of TripAdvisor Holdings common stock at 5:00 p.m., New York City time, on August 27 to holders of Liberty Ventures common stock. The record date for the dividend was 5:00 p.m., New York City time, on August 21. Liberty expects that the TripAdvisor Holdings Series A and Series B common stock will begin trading in the regular way on the Nasdaq Global Select Market under the symbols “LTRPA” and “LTRPB” beginning on August 28. The completion of the Spin-off remains subject to the satisfaction or waiver, as applicable, of a number of conditions.
09:19 EDTTRIPTripAdvisor price target raised to $100 from $88 at Wunderlich
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08:44 EDTTRIPExpedia Q3 trends encouraging, says FBR Capital
FBR Capital believes that Q3 U.S. trends indicate that Expedia (EXPE) continues to generate healthy growth. The firm thinks that the company's room night growth and domestic ticket volume growth have accelerated slightly from June levels. FBR expects Expedia to benefit from a change in TripAdvisor's (TRIP) meta path. It keeps an Outperform rating on Expedia.
08:16 EDTFBHSFortune Brands may be flexible as M&A heats up, says RW Baird
Baird said Fortune Brands has used its cash for stock buybacks and M&A and as the environment heats up shareholders may see more acquisitions to come. The firm likes the stock, citing its balance sheet and high quality exposure to the housing recovery and keeps an Outperform rating with a $46 price target on the shares.
August 24, 2014
21:54 EDTEWPiper Jaffray to hold a bus tour
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August 22, 2014
08:38 EDTTRIPTripAdvisor cut metasearch inventory in half, says FBR Capital
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August 21, 2014
08:29 EDTEWEdwards Lifesciences price target raised to $120 from $97 at JMP Securities
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August 20, 2014
08:08 EDTFBHSFortune Brands announces agreement to sell Simonton Windows for $130M
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August 19, 2014
10:13 EDTWWWOn The Fly: Analyst Upgrade Summary
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07:39 EDTWWWWolverine World Wide upgraded at KeyBanc
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05:29 EDTWWWWolverine World Wide upgraded to Buy from Hold at KeyBanc
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August 14, 2014
17:27 EDTMASAppaloosa gives quarterly update on stakes
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08:21 EDTACIWhile Appalachian mines close, U.S. ramps up coal imports, WSJ says
Coal imports surged 44% to 5.4M metric tons during the first six months of this year compared with last, despite coal mines closing throughout the Appalachia region, reported The Wall Street Journal, which noted that IHS Energy said it costs $26 a ton to ship coal from Central Appalachia to Florida but only $15 a ton to get coal from a mine in Colombia. Imports supply just 1% of U.S. coal consumption, but the imports, especially from Colombia, "are a factor" in mine closings, the report added. Publicly traded coal companies include Alpha Natural (ANR), Arch Coal (ACI), CONSOL (CNX), Cloud Peak (CLD), Peabody (BTU), Alliance Resource Partners (ARLP), and Walter Energy (WLT). Reference Link

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