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Stock Market & Financial Investment News

News Breaks
October 16, 2012
10:11 EDTADS, AUO, LPL, MDCO, S, LO, KR, HP, FOSL, DNR, C, TXIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alliance Data (ADS) upgraded to Outperform from Market Perform at Wells Fargo... Citigroup (C) upgraded to Strong Buy from Outperform at Raymond James... Denbury Resources (DNR) upgraded to Positive from Neutral at Susquehanna... Fossil (FOSL) upgraded to Buy from Neutral at Citigroup... Helmerich & Payne (HP) upgraded to Outperform from Sector Perform at RBC Capital... Kroger (KR) upgraded to Buy from Hold at Jefferies... Lorillard (LO) upgraded to Outperform from Market Perform at Wells Fargo... Sprint (S) upgraded to Market Perform from Underperform at Bernstein... The Medicines Co. (MDCO) upgraded to Buy from Hold at Jefferies... LG Display (LPL) upgraded to Outperform from Underperform at CLSA... AU Optronics (AUO) upgraded to Buy from Sell at CLSA... Texas Industries (TXI) upgraded to Buy from Neutral at Sidoti.
News For ADS;C;DNR;FOSL;HP;KR;LO;S;MDCO;LPL;AUO;TXI From The Last 14 Days
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September 24, 2014
06:03 EDTHPHelmerich & Payne initiated with an Outperform at Wells Fargo
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September 23, 2014
16:00 EDTCOptions Update; September 23, 2014
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07:33 EDTCCitigroup threatened by Argentina over bond payments, Reuters reports
Argentine Economy Minister Axel Kicillof threatened Citigroup with "penalties" if the bank failed to make a $5M interest payment due to bondholders by Sept. 30 and the bank plans to ask a U.S. judge to stay an order barring it from processing payments on $8.4B in bonds issued after the country's 2002 default, reported Reuters. Reference Link
September 22, 2014
16:00 EDTCOptions Update; September 22, 2014
iPath S&P 500 VIX Short-Term Futures up 91c to 28.14. Option volume leaders: AAPL TSLA NFLX C TWTR AMZN BP PBR CLF WLT according to Track Data.
09:38 EDTCActive equity options trading on open
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September 20, 2014
21:15 EDTCCitigroup and Argentina's appeal on bond case dismissed, Reuters says
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September 19, 2014
11:14 EDTCSumitomo Mitsui, Mitsubishi UFJ on short list for Citigroup unit, WSJ reports
Sumitomo Mitsui Financial Group (SMFG), Sumitomo Mitsui Trust Holding, Mitsubishi UFJ Financial (MTU) and Shinsei Bank have been shortlisted by Citigroup (C) as buyers for the U.S. bank's retail bank in Japan, the Wall Street Journal reports, citing sources. Citi could pick a buyer for the unit by the end of the year or early next year. Citigroup could sell its Diners Club branded credit card unit in Japan along with the retail bank, a source says. Reference Link
09:37 EDTCActive equity options trading on open
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07:36 EDTSSprint price target cut to $8-$10 from $11-$11.75 at Wells Fargo
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07:17 EDTCCitigroup up against hard situation in Argentina bond plea, Reuters says
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06:06 EDTADSAlliance Data management to meet with SunTrust
Meetings to be held in New York September 23-24 hosted by SunTrust.
September 18, 2014
14:52 EDTKRKroger testing online ordering, pick-up service, Progressive Grocer says
Kroger is testing a "click-and-collect system" in Cincinnati which allows customers to submit their orders online and pick them up at a drive-thru windows, Progressive Grocer reports. The technology that Kroger is utilizing is the same technology that has been deployed by Harris Teeter, a company that Kroger acquired last year. "Harris Teeter has successfully scaled this model in their stores and we are learning a lot from them about it. Our approach with new technologies and systems is to test small and work out the kinks before scaling more widely," said Rachel Betzler, public relations manage for Kroger's Cincinnati division. Reference Link
14:08 EDTCBanks look to high-interest personal loans to boost revenue, WSJ says
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14:06 EDTKRKroger price target raised to $58 from $55 at Argus
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10:44 EDTKRKroger board raises quarterly dividend by 12% to 18.5c
Kroger's Board raised the quarterly dividend by 12% to 18.5 per share, to be paid on December 1 to shareholders of record as of the close of business on November 14. The company continues to expect an increasing dividend over time.
10:00 EDTDNROn The Fly: Analyst Downgrade Summary
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07:26 EDTDNRDenbury Resources downgraded at RBC Capital
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07:26 EDTFOSLGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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06:40 EDTLPLApple wants to sell 50M Apple Watches in 2015, DigiTimes reports
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06:10 EDTDNRDenbury Resources downgraded to Sector Perform from Outperform at RBC Capital
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