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Stock Market & Financial Investment News

News Breaks
February 19, 2013
15:16 EDTZIXI, TXRH, QEP, NU, NBR, MAR, LZB, KONA, HLF, GLRE, RAIL, DELL, CF, BOBE, ADI, ALEX, ACMPCompanies reporting After the Market Close on Tuesday, February 19
Notable companies reporting after the closing bell on Tuesday include Access Midstream Partners (ACMP), Alexander & Baldwin (ALEX), Analog Devices (ADI), Bob Evans Farms (BOBE), CF Industries Holdings (CF), Dell (DELL), FreightCar America (RAIL), Greenlight Capital (GLRE), Herbalife (HLF), Kona Grill (KONA), La-Z-Boy (LZB), Marriott International (MAR), Nabors Industries (NBR), Northeast Utilities (NU), QEP Resources (QEP), Texas Roadhouse (TXRH), and Zix (ZIXI).
News For ACMP;ALEX;ADI;BOBE;CF;DELL;RAIL;GLRE;HLF;KONA;LZB;MAR;NBR;NU;QEP;TXRH;ZIXI From The Last 14 Days
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May 24, 2013
06:22 EDTDELLIcahn hired Jefferies to help fund Dell deal, NY Post reports
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May 23, 2013
19:33 EDTDELLIcahn, Southeastern engage banks on financing for Dell deal, Reuters says
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14:37 EDTADIAnalog Devices guidance likely conservative, says Argus
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08:06 EDTALEXAlexander & Baldwin acquires Napili Plaza for $19M
Alexander & Baldwin announced that its real estate subsidiary, A&B Properties, has completed the acquisition of Napili Plaza, a 46,000-square foot retail center in West Maui, for $19M, reinvesting $15M of proceeds from the January sale of the Northpoint Industrial facility in Fullerton, California, and non-income producing land in Hawaii. The remaining purchase price is expected to be funded with reverse 1031 exchange sale proceeds from the future sale of mainland commercial assets.
May 22, 2013
07:24 EDTDELLNetEvents International to host a summit
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06:31 EDTHLFIcahn up $228M, Ackman down $10M on Herbalife, NY Post reports
Carl Icahn's long position in Herbalife (HLF) is up $228M while Bill Ackman's short position in the company is down $10M, New York Post reports. Reference Link
May 21, 2013
18:56 EDTADIOn The Fly: After Hours Movers
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16:20 EDTADIAnalog Devices falls after results and guidance, first look
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16:04 EDTADIAnalog Devices sees Q3 EPS 51c-56c, consensus 58c
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16:03 EDTADIAnalog Devices reports Q2 EPS 52c, consensus 52c
Reports Q2 revenue $659M, consensus $660.84M.
15:18 EDTADINotable companies reporting after market close
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12:16 EDTHLFHerbalife resumes, up 3.5% to $50.95 after naming PwC as auditor
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12:13 EDTHLFHerbalife selects PricewaterhouseCoopers as auditor, PwC to re-audit prior years
Herbalife announced that the Audit Committee of its Board of Directors has engaged PricewaterhouseCoopers as the company's independent auditors. PwC will commence work immediately to re-audit the company's consolidated financial statements for the fiscal years ended December 31, 2010, 2011 and 2012 and PwC will also review the company’s condensed consolidated financial statements for the first quarter of 2013. “We are very pleased to have engaged PwC to serve as the Company’s independent auditor. They will begin work immediately to re-audit the Company’s December 31, 2010, 2011 and 2012 consolidated financial statements. Investors should rest assured that the Company will be working to assist PwC in any way necessary to facilitate their work,” said the chairman of Herbalife’s audit committee Leroy Barnes.
12:07 EDTHLFHerbalife engages PricewaterhouseCoopers as new audit firm
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11:56 EDTHLFHerbalife trading halted, pending news
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10:06 EDTHLFHerbalife May weekly volatility spikes on sharp rally
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07:36 EDTNBRUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
May 20, 2013
16:55 EDTDELLS&P lowers Dell ratings to 'BBB' from 'A-', remains on watch negative
Standard & Poor's Ratings Services lowered its corporate credit and senior unsecured debt ratings on Dell to 'BBB' from 'A-', and its commercial paper rating to 'A-2' from 'A-1'. All ratings remain on CreditWatch, where they were placed with negative implications on Feb. 5. The initial CreditWatch listing reflected S&P's assessment that the $24.4B going private transaction, which includes a substantial portion of debt financing, will materially degrade Dell's financial risk profile, which S&P currently view as modest. Although Carl Icahn submitted a non-binding alternative acquisition proposal, the Michael Dell and Silver Lake Partners LBO proposal remains the only transaction that has been approved by Dell's board of directors. S&P's review of the LBO transaction terms and the company's ownership, business and financial strategy may also result in a downward revision of its assessment of Dell's business risk profile.
11:14 EDTDELLDell to deliver public cloud through partner ecosystem
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11:01 EDTADIAnalog Devices volatility flat, shares near nine-year high into Q2
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