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Stock Market & Financial Investment News

News Breaks
January 17, 2013
10:02 EDTCBS, RIO, MCY, INFN, ADTN, AIZ, TAL, PKI, MDT, GTAT, EXC, ALDW, MHK, JNPR, BIOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Adtran (ADTN) upgraded to Neutral from Sell at Citigroup... Bio-Rad (BIO) upgraded to Outperform from Underperform at CLSA... GT Advanced (GTAT) upgraded to Hold from Underperform at Jefferies... Infinera (INFN) upgraded to Overweight from Neutral at JPMorgan... Juniper (JNPR) upgraded to Overweight from Neutral at JPMorgan... Medtronic (MDT) upgraded to Outperform from Neutral at Credit Suisse... Mercury General (MCY) upgraded to Outperform from Neutral at Macquarie... Mohawk (MHK) upgraded to Outperform from Underperform at Macquarie... PerkinElmer (PKI) upgraded to Buy from Outperform at CLSA... Rio Tinto (RIO) upgraded to Buy from Neutral at Citigroup... Alon USA Partners (ALDW) upgraded to Outperform from Neutral at Credit Suisse... TAL International (TAL) upgraded to Buy from Neutral at BofA/Merrill... CBS (CBS) upgraded to Outperform from Neutral at Wedbush... Exelon (EXC) upgraded to Overweight from Equal Weight at Morgan Stanley... Assurant (AIZ) upgraded to Market Perform from Underperform at Raymond James.
News For ADTN;BIO;GTAT;INFN;JNPR;MDT;MCY;MHK;PKI;RIO;ALDW;TAL;CBS;EXC;AIZ From The Last 14 Days
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April 11, 2014
05:59 EDTJNPRJuniper publishes 'High Alert' notice on security home page
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05:57 EDTJNPRCisco, Juniper say some products affected by Heartbleed bug, WSJ reports
Both Cisco (CSCO) and Juniper (JNPR) have disclosed that some of their products are affected by the Heartbleed bug, the Wall Street Journal reports. The companies say the security flaw affects routers, switches and firewalls used by businesses. Reference Link
April 10, 2014
20:03 EDTBIOBio-Rad acquires GnuBIO, terms undisclosed
Bio-Rad Laboratories announced that it has purchased GnuBIO. GnuBIO is developing a faster and fully integrated droplet-based DNA sequencing technology that incorporates all the functions of DNA sequencing into a single, integrated workflow for medical diagnostics as well as research markets.
19:10 EDTMDTMedtronic confirms FDA approval for expanded indications
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16:32 EDTMDTMedtronic gets FDA approval for revised labeling application
The U.S. FDA approved an application from Medtronic for revised labeling for two cardiac resynchronization pacemakers and eight cardiac resynchronization defibrillators, expanding the indication for use to patients with atrioventricular block and less severe heart failure. The FDA previously approved these devices for patients with more severe heart failure as evaluated by their physician using specific criteria. The new approved use includes patients with less severe heart failure, but who are already indicated to receive RV pacing. With the new indication, these patients will be eligible to receive a device that will pace both sides of their heart instead of just the right. Reference Link
12:03 EDTCBSCBS says Stephen Colbert to be next 'Late Show' host
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08:45 EDTJNPRPalo Alto upgraded at JMP Securities
As noted earlier, JMP Securities upgraded Palo Alto (PANW) to Outperform from Market Perform. The firm expects the company to benefit from the strength of its Advanced Persistent Threat service and strong demand for next generation firewall technology. JMP Securities also believes that the company's sales are tracking at least in-line with expectations this quarter, and is more confident that it will prevail in its court battle with Juniper (JNPR). Target $80.
April 9, 2014
10:06 EDTPKIOn The Fly: Analyst Downgrade Summary
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09:33 EDTRIOBofA/Merrill's industrial/mining analysts hold analyst/industry conference call
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09:18 EDTPKIPerkinElmer downgraded to Neutral from Buy at ISI Group
April 8, 2014
07:28 EDTEXCSecurity Innovation Network to hold a forum
IT Security Entrepreneurs Forum: ITSEF 2014 is being held in Mountain View, California on April 8-9.
07:26 EDTMDTElsevier Business Intelligence to hold a conference
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April 7, 2014
15:06 EDTEXCExelon unit starts construction on nearly 1 MW solar project
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11:05 EDTEXC High option volume stocks: EXC QCOR SQQQ GNK PPG
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08:16 EDTGTATGT Advanced announces $58.6M specialty furnace orders
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07:58 EDTMDTMedtronic data positive for C.R. Bard, says Barclays
Barclays said Medtronic's (MDT) better than expected drug coated balloon data could have a positive class effect that benefits C.R. Bard (BCR). The firm reiterates its Overweight rating C.R. Bard and raised its price target to $165 from $160. Note that BofA/Merrill downgraded C.R. Bard to Neutral from Buy following the Medtronic's news.
07:45 EDTCBSNoble Financial Capital Markets to hold a forum
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07:44 EDTBIOMarketo to hold a summit
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07:38 EDTMDTMedtronic data should lead to approval of drug-coated balloon, says Wells Fargo
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06:11 EDTRIORio Tinto fails to overturn court decision block Warkworth expansion, WSJ says
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