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Stock Market & Financial Investment News

News Breaks
February 8, 2013
09:37 EDTATVI, WLK, MAA, MFC, GES, LNKD, IGT, UDR, RNST, NTES, LRE, ARMH, AVB, BRE, BCS, BIIB, DFS, EQR, PCS, ACMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AECOM Technology (ACM) upgraded to Buy from Underperform at BofA/Merrill... ARM Holdings (ARMH) upgraded to Outperform from Neutral at Credit Suisse... AvalonBay (AVB) upgraded to Buy from Neutral at UBS... BRE Properties (BRE) upgraded to Buy from Neutral at UBS... Barclays (BCS) upgraded to Neutral from Underperform at Macquarie... Biogen (BIIB) upgraded to Buy from Neutral at Citigroup... Discover (DFS) upgraded to Outperform from Neutral at Credit Suisse... Equity Residential (EQR) upgraded to Buy from Neutral at UBS... LRR Energy (LRE) upgraded to Outperform from Neutral at RW Baird... MetroPCS (PCS) upgraded to Neutral from Reduce at Nomura... NetEase.com (NTES) upgraded to Buy from Hold at Deutsche Bank... Renasant (RNST) upgraded to Buy from Hold at Wunderlich... UDR, Inc. (UDR) upgraded to Buy from Neutral at UBS... Westlake Chemical (WLK) upgraded to Neutral from Sell at UBS... New Jersey Resources (njr) upgraded to Buy from Neutral at Sidoti... Mid-America Apartment (MAA) upgraded to Buy from Neutral at Hilliard Lyons... Manulife Financial (MFC) upgraded to Sector Outperformer from Sector Performer at CIBC... Renasant (RNST) upgraded to Overweight from Equal Weight at Stephens... Guess (GES) upgraded to Outperform from Neutral at Wedbush... LinkedIn (LNKD) upgraded to Buy from Outperform at CLSA... International Game (IGT) upgraded to Buy from Hold at Argus... Activision Blizzard (ATVI) upgraded to Outperform from Neutral at Macquarie.
News For ACM;ARMH;AVB;BRE;BCS;BIIB;DFS;EQR;PCS;LRE;NTES;RNST;UDR;WLK;MAA;MFC;GES;LNKD;IGT;ATVI From The Last 14 Days
Check below for free stories on ACM;ARMH;AVB;BRE;BCS;BIIB;DFS;EQR;PCS;LRE;NTES;RNST;UDR;WLK;MAA;MFC;GES;LNKD;IGT;ATVI the last two weeks.
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August 12, 2014
10:00 EDTRNSTOn The Fly: Analyst Initiation Summary
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05:31 EDTRNSTRenasant initiated with a Buy at Jefferies
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August 11, 2014
10:50 EDTBIIBBiogen weakness attributed to Forward Pharma IPO filing
Shares of Biogen Idec (BIIB) came off their earlier highs and moved into negative ground in early trading, with some attributing the move lower to another pharmaceutical company, Forward Pharma (FWP), filing its registration statement with the SEC relating to a proposed initial public offering and reporting that Joel Sendek has been appointed CFO. WHAT'S NOTABLE: Forward Pharma focuses on a proprietary formulation of dimethyl fumarate, or DMF, for the treatment of multiple sclerosis. DMF is the Active Pharmaceutical Ingredient, or API, found in Tecfidera, which Biogen Idec began selling for the treatment of RRMS following approval by the FDA in March 2013 and approval by the European Commission in February 2014, Forward Pharma indicated in its IPO filing. In addition to its filing, Forward Pharma announced this morning that it has hired Joel Sendek from Stifel Financial, where he served as Managing Director, Biotechnology and led the firm's healthcare equity research group. PRICE ACTION: Shares of Biogen are down fractionally in mid-morning trading after being up over 1% soon after today's opening bell.
07:22 EDTBCSHSBC will not follow Barclays in rolling private bank into retail biz, FT says
HSBC (HSBC) CEO Stuart Gulliver has pledged to retain his group’s private bank as a standalone division and will not go the way of rival Barclays’ (BCS), which combined its private banking operation into its retail division in May, said Financial Times. Reference Link
05:35 EDTIGTInternational Game granted early termination of HSR waiting period for merger
International Game announced that it received early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976., or HSR, with respect to the company's previously announced acquisition by GTECH S.p.A. Termination of the HSR Act waiting period satisfies one of the conditions required to finalize the acquisition. The transaction is currently expected to be completed in 1Q15.
August 8, 2014
10:36 EDTIGTOptions with increasing implied volatility
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10:00 EDTATVIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Activision Blizzard (ATVI) upgraded to Buy from Neutral at Longbow... Allergan (AGN) upgraded to Outperform from Market Perform at Leerink... Andersons (ANDE) upgraded to Buy from Hold at Feltl... Arista Networks (ANET) upgraded to Buy from Neutral at Citigroup... Barrick Gold (ABX) upgraded to Conviction Buy from Buy at Goldman... Brinker (EAT) upgraded to Outperform from Market Perform at Raymond James... CF Industries (CF) upgraded to Buy from Hold at Feltl... CST Brands (CST) upgraded to Neutral from Underperform at Credit Suisse... Cimarex Energy (XEC) upgraded to Accumulate from Hold at KLR Group... Coca-Cola HBC (OCCH) upgraded to Buy from Hold at Deutsche Bank... Delek US (DK) upgraded to Outperform at Cowen... Fifth Street Finance (FSC) upgraded to Buy from Neutral at Guggenheim... Glimcher Realty Trust (GRT) upgraded to Buy from Neutral at BofA/Merrill... Goodrich Petroleum (GDP) upgraded to Strong Buy from Outperform at Raymond James... Monster Beverage (MNST) upgraded to Neutral from Underperform at Longbow... NIC Inc. (EGOV) upgraded to Outperform from Market Perform at Barrington... NVIDIA (NVDA) upgraded at Needham... POZEN (POZN) upgraded to Buy from Hold at Ascendiant... Power Solutions (PSIX) upgraded to Accumulate from Neutral at Global Hunter... Primoris (PRIM) upgraded to Buy from Hold at BB&T... Sierra Bancorp (BSRR) upgraded to Outperform from Market Perform at Raymond James... Sonus Networks (SONS) upgraded to Outperform from Market Perform at Barrington... Stone Energy (SGY) upgraded to Buy from Accumulate at KLR Group... Tornier (TRNX) upgraded at BMO Capital... Tyson Foods (TSN) upgraded to Buy from Hold at BB&T... WGL Holdings (WGL) upgraded to Buy from Hold at Brean Capital.
07:43 EDTATVIActivision Blizzard upgraded to Buy from Neutral at Longbow
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06:50 EDTATVIActivision Blizzard upgraded to Buy from Neutral at Longbow
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August 7, 2014
10:51 EDTIGT, BIIBOptions with increasing implied volatility
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10:28 EDTATVIActivision Blizzard management to meet with CRT Capital
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10:00 EDTARMHOn The Fly: Analyst Upgrade Summary
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07:04 EDTARMHARM Holdings upgraded to Buy from Hold at Benchmark Co.
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06:59 EDTMFCManulife Financial reports Q2 core EPS C$0.36c vs. C$0.31c last year
Reports Q2 EPS C$0.49 vs. C$0.12 last year. Reports Q2 revenue C$13.27B vs. (C$510M) last year
06:22 EDTMFCManulife Financial increases quaterly dividend 19% to CAN15.5c
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06:21 EDTMFCManulife Financial reports Q2 core EPS 36c, consensus 39c
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August 6, 2014
09:28 EDTATVIActivision Blizzard price target raised to $27 from $21 at Pacific Crest
Pacific Crest increased its price target on Activision Blizzard after the company reported better than expected Q2 results. The firm thinks the outlook for sales of the company's games is positive overall and keeps an Outperform rating on the stock.
08:20 EDTBCSFed, FDIC tell big banks to revise 'living will' plans
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07:23 EDTATVIActivision Blizzard price target raised to $26 from $22 at RW Baird
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07:19 EDTBIIBAkebia names Brad Maroni as Chief Medical Officer
Akebia Therapeutics (AKBA) announced the expansion of its senior management team with three key additions: Brad Maroni, M.D., as Senior Vice President and Chief Medical Officer, Mark De Rosch, Ph.D., as Vice President of Regulatory Affairs and Tamara Dillon as Vice President of Human Resources. Maroni most recently served as Vice President, Medical Research at Biogen Idec (BIIB).
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