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Stock Market & Financial Investment News

News Breaks
January 31, 2013
19:13 EDTCTCT, SPF, ADNC, ELX, BERY, PMCS, TLAB, BUD, TSYS, PWEROn The Fly: After Hours Movers
UP AFTER EARNINGS: Audience (ADNC), up 25.1%... TeleCommunication Systems (TSYS), up 11.9%... PMC-Sierra (PMCS), up 7.2%... Standard Pacific (SPF), up 4.4%... ALSO HIGHER: Anheuser-Busch InBev (BUD), 0.1% after DoJ announced earlier today it was suing to block the company's planned acquisition of Grupo Modelo... DOWN AFTER EARNINGS: Berry Plastics (BERY), down 8.9%... Constant Contact (CTCT) down 6.3%... Tellabs (TLAB), down 3.9%... Emulex (ELX), down 3.2%... Power-One (PWER), down 2.9%.
News For ADNC;TSYS;PMCS;SPF;BUD;BERY;CTCT;TLAB;ELX;PWER From The Last 14 Days
Check below for free stories on ADNC;TSYS;PMCS;SPF;BUD;BERY;CTCT;TLAB;ELX;PWER the last two weeks.
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June 19, 2013
11:01 EDTSPFStandard Pacific initiated with a Buy at Sidoti
Target $12.
June 17, 2013
09:29 EDTTSYSTeleCommunication Systems announces partnership with Direct Technology
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June 14, 2013
09:01 EDTSPFStandard Pacific announces acquisition of homebuilding assets from Centerline
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07:32 EDTBUDAB InBev added to European Analyst Focus List at JPMorgan
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06:03 EDTBUDAB InBev coverage reinstated with an Overweight at JPMorgan
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June 13, 2013
11:33 EDTTLABHigh option volume stocks: KWK MWW TLAB MW ELN
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June 12, 2013
12:12 EDTADNCSynaptics slides after firm warns of Galaxy S4 production cut
Shares of Synaptics (SYNA), which develops touch products for smartphones, are declining after research firm Maxim Group wrote that the company would be hurt by Samsung's (SSNLF) decision to produce many fewer Galaxy S4 devices. WHAT'S NEW: Samsung has started reducing its shipments of Galaxy S 4 smartphones in response to weak sales of the device, Maxim Group wrote in a note to investors. The Korean company is likely to reduce production of the device by 20%-25%, the firm added. Synaptics has the most exposure to the Galaxy S4 of all the companies that Maxim covers, the analyst wrote. TODAY'S PRICE ACTION: In early afternoon trading, Synaptics fell $1, or 2.6%, to $37.75. OTHERS TO WATCH: Other companies with exposure to Samsung devices include Broadcom (BRCM), Maxim Integrated (MXIM), Audience (ADNC), Peregrine (PSMI), RF Micro Devices (RFMD), Skyworks (SWKS), ARM Holdings (ARMH), Qualcomm (QCOM), and TriQuint (TQNT).
June 11, 2013
09:13 EDTADNCSome component makers to be hurt by lower Galaxy S 4 outlook, says Pacific Crest
After speaking with Samsung (SSNLF) and conducting checks, Pacific Crest believes that expectations for Galaxy S 4 sales in Q3 are too high. As a result, the firm reduced its price target on Broadcom (BRCM) to $41 from $44, and on Maxim Integrated (MXIM) to $34 from $37. The firm also lowered its estimates for Audience (ADNC), Peregrine (PSMI), RF Micro Devices (RFMD), and Skyworks (SWKS). The firm keeps Outperform ratings on Broadcom, Maxim, and Peregrine, and Sector Perform ratings on Skyworks, Audience, and RF Micro.
07:27 EDTTSYSCommercial Payments International to host a conference
EMEA Middle Market Conference 2013 is being held in London, England on June 11.
June 10, 2013
10:04 EDTSPFOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alexandria Real Estate (ARE) upgraded to Buy from Neutral at ISI Group... BB&T (BBT) upgraded to Overweight from Equal Weight at Evercore... CyrusOne (CONE) upgraded to Strong Buy from Outperform at Raymond James... EQT Corporation (EQT) upgraded to Buy from Hold at Brean Capital... Edwards Lifesciences (EW) upgraded to Outperform from Neutral at Credit Suisse... Enersis (ENI) upgraded to Buy from Neutral at Citigroup... Entergy (ETR) upgraded to Buy from Hold at Deutsche Bank... Monsanto (MON) upgraded to Outperform from Neutral at Macquarie... Regency Centers (REG) upgraded to Buy from Neutral at ISI Group... Silver Standard (SSRI) upgraded to Hold from Sell at Deutsche Bank... Standard Pacific (SPF) upgraded to Neutral from Underweight at JPMorgan... Stericycle (SRCL) upgraded to Buy from Hold at Wunderlich... WABCO (WBC) upgraded to Buy from Neutral at Goldman... Western Union (WU) upgraded to Outperform from Market Perform at Raymond James... Weyerhaeuser (WY) upgraded to Outperform from Sector Perform at RBC Capital... Washington Trust Bancorp (WASH) upgraded to Buy from Hold at Sandler O'Neill... EastGroup Properties (EGP) upgraded to Buy from Hold at Sandler O'Neill... Valeant (VRX) upgraded to Buy from Fair Value at CRT Capital... RF Micro Devices (RFMD) upgraded to Strong Buy from Buy at Charter Equity... Bank of the Ozarks (OZRK) upgraded to Outperform from Market Perform at Raymond James... United Community Banks (UCBI) upgraded to Outperform at Raymond James... Western Union (WU) upgraded at Raymond James... CyrusOne (CONE) upgraded to at Raymond James... AT&T (T) upgraded to Buy from Hold at Argus... IMAX (IMAX) upgraded to Buy from Neutral at B. Riley... TriMas (TRS) upgraded to Outperform from Market Perform at Barrington.
06:51 EDTSPFStandard Pacific upgraded to Neutral from Underweight at JPMorgan
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June 7, 2013
16:07 EDTBUDConstellation completes acquisition of Grupo Modelo's U.S. beer business
Constellation Brands (STZ) announced that it has completed its acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev (BUD) for approximately $4.75B. The transaction includes full ownership of Crown Imports LLC which provides Constellation with complete, independent control of all aspects of the U.S. commercial business; a state-of-the-art brewery in Nava, Mexico; exclusive perpetual brand license in the U.S. to import, market and sell Corona and the Modelo brands Crown currently sells and the freedom to develop brand extensions and innovations for the U.S. market. With the close of the acquisition, Constellation begins to operate as one company with two divisions: a beer division and a wine and spirits division. A brewery operations group has also been established to manage the expansion and integration of the Nava brewery. Constellation plans to invest $500M-$600M during the next three years to expand the facility to double its current capacity to meet projected demand for products in the U.S.
June 5, 2013
10:07 EDTSPF, ADNCOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Audience (ADNC) initiated with a Hold at Benchmark Co.... Bank of Ireland (IRE) initiated with an Underweight at HSBC... Ellie Mae (ELLI) initiated with an Outperform at FBR Capital... Haemonetics (HAE) initiated with an Outperform at William Blair... Jive Software (JIVE) initiated with a Buy at Janney Capital... Northern Tier (NTI) initiated with a Buy at Citigroup... Workday (WDAY) initiated with a Market Perform at FBR Capital... Carlyle Group (CG) initiated with a Buy at Sandler O'Neill... XL Group (XL) initiated with a Neutral at Nomura... Travelers (TRV) initiated with a Neutral at Nomura... Marsh & McLennan (MMC) initiated with a Neutral at Nomura... Aon plc (AON) initiated with a Neutral at Nomura... Allstate (ALL) initiated with a Neutral at Nomura... AIG (AIG) initiated with a Neutral at Nomura... ACE Ltd. (ACE) initiated with a Buy at Nomura... Progressive (PGR) initiated with a Reduce at Nomura... First Solar (FSLR) coverage assumed with a Sell at Maxim... Jive Software (JIVE) reinstated with a Neutral at Credit Suisse... Standard Pacific (SPF) initiated with a Buy at BofA/Merrill... Axiall (AXLL) initiated with a Buy at BofA/Merrill.
09:00 EDTADNCAudience announces partnership with R&D group of China Mobile
Audience (ADNC) announced it has partnered with the research and development group of China Mobile (CHL), the world's largest mobile operator, to assist them in establishing and implementing smartphone specifications and testing for voice quality, noise suppression and speech recognition across the operator's upcoming smartphone offerings.
07:23 EDTSPFStandard Pacific initiated with a Buy at BofA/Merrill
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06:16 EDTADNCAudience initiated with a Hold at Benchmark Co.
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