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Stock Market & Financial Investment News

News Breaks
February 19, 2014
10:00 EDTRHT, SNI, JBHT, CX, CVBF, SAIA, GOGO, CPST, PAAS, CCMP, MTB, G, ACT, AHTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Actavis (ACT) upgraded to Buy from Neutral at Goldman... Ashford Hospitality (AHT) upgraded to Outperform from Neutral at RW Baird... CEMEX (CX) upgraded to Buy from Neutral at Sterne Agee... Capstone Turbine (CPST) upgraded to Outperform from Market Perform at FBR Capital... Genpact (G) upgraded to Buy from Neutral at Citigroup... Gogo (GOGO) upgraded to Overweight from Equal Weight at Evercore... J.B. Hunt (JBHT) upgraded to Buy from Hold at Wunderlich... M&T Bank (MTB) upgraded to Buy from Neutral at SunTrust... Saia, Inc. (SAIA) upgraded to Buy from Hold at Wunderlich... Scripps Networks (SNI) upgraded at Argus... Cabot Microelectronics (CCMP) upgraded at DA Davidson... CVB Financial (CVBF) upgraded to Outperform from Market Perform at Fig Partners... Red Hat (RHT) upgraded to Outperform from Market Perform at Cowen... Pan American Silver (PAAS) upgraded to Market Perform from Underperform at BMO Capital.
News For ACT;AHT;CPST;CX;G;GOGO;JBHT;MTB;SAIA;SNI;CCMP;CVBF;RHT;PAAS From The Last 14 Days
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May 22, 2015
07:44 EDTACTActavis trades at over 20% discount to Major Pharma, says JPMorgan
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May 20, 2015
12:22 EDTCCMPCabot Microelectronics sees FY15 profit at upper end of guidance range
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08:37 EDTAHTMorgan Stanley to hold a conference
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May 19, 2015
16:11 EDTAHTAshford Hospitality to acquire nine hotel portfolio for $224M
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08:06 EDTRHTRed Hat announces OpenStack shared file system service
Red Hat announced a technology preview of Red Hat Gluster Storage with capabilities from the OpenStack community’s new Manila project. Expanding the options for hybrid cloud storage, Red Hat Gluster Storage now provides enterprises with a scale-out shared file system service for OpenStack cloud infrastructures.
08:01 EDTGOGOGogo launches enhanced version of Gogo Vision
Gogo is launching an enhanced version of its 'Gogo Vision' wireless in-flight entertainment and information service. Gogo Vision, recently selected by NetJets, serves up approximately 200 on-demand movies and TV shows – along with moving maps, news, flight progress information and destination weather.
07:43 EDTGJPMorgan to hold a conference
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May 18, 2015
11:21 EDTACTAckman sold out of Actavis stake after Q1 report, NY Post says
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08:01 EDTACTActavis launches Namzaric to treat moderate to severe Alzheimer's
Actavis announced that NAMZARIC, a once-daily, fixed-dose combination of memantine hydrochloride extended-release, and donepezil hydrochloride, is now available to patients and healthcare professionals across the United States. NAMZARIC was approved by the FDA in December for the treatment of moderate to severe Alzheimer's disease in patients stabilized on memantine hydrochloride and donepezil hydrochloride.
07:22 EDTACTUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 18 at 8 am; not all company presentations may be webcasted. Webcast Link
07:15 EDTACTPhysician feedback on Actavis Eluxadoline positive, says RBC Capital
After conducting a survey, RBC Capital says that physician enthusiasm about Actavis' Eluxadoline is high ahead of its expected early 2016 launch. The firm thinks the drug could be an important P&L driver for the company and keeps a Top Pick rating on the shares.
06:58 EDTACTActavis CEO says chances of Pfizer offer are 'unlikely', Financial Times says
Actavis (ACT) CEO Brent Saunders said the chances of Pfizer (PFE) making an offer are "incredibly unlikely," reports the Financial Times. Saunders said he has heard the gossip that Actavis could become a takeover target for a larger group, but he spends "zero time thinking about it." Reference Link
06:56 EDTAHTAshford Hospitality fils $150M equity distribution agreement
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May 15, 2015
17:24 EDTAHTAshford Hospitality files automatic mixed securities shelf
17:15 EDTACTPaulson & Co. gives quarterly update on stakes
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17:03 EDTACTPershing Square gives quarterly update on stakes
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14:51 EDTACTMylan ANDA for generic version of Lexapro approved by FDA
The ANDA from Mylan (MYL) for a generic version of Escitalopram Oxalate, which is sold under the trade name Lexapro by Actavis' (ACT) Forest Labs, was approved by the FDA on May 14, according to a post to the regulator's site. Reference Link
12:13 EDTACTThird Point gives quarterly update on stakes
NEW STAKES: Yum! Brands (YUM), NXP Semiconductors (NXPI), FedEx (FDX), McKesson (MCK), and J M Smucker (SJM). INCREASED STAKES: Actavis (ACT), Roper Technologies (ROP), Delta Air Lines (DAL), and FleetCor Technologies (FLT). DECREASED STAKES: Ally Financial (ALLY), Amgen (AMGN), Phillips 66 (PSX), eBay (EBAY), and Anheuser Busch Inbev SA (BUD). LIQUIDATED STAKES: Alibaba Group (BABA), Citigroup (C), EMC Corporation (EMC), Anglo American (AAL), and Williams Companies (WMB).
09:29 EDTACTActavis: Warner Chilcott has held talks with DOJ over sales tactics, WSJ says
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08:30 EDTACTActavis price target raised to $360 from $325 at Susquehanna
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