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Stock Market & Financial Investment News

News Breaks
September 20, 2013
10:01 EDTINFA, ELX, URBN, SYNA, PIR, FB, AEE, NPBC, TIBX, PT, TECH, SFG, MET, CF, ARAY, PACW, SUNE, TAL, SM, DRH, BOHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ameren (AEE) upgraded to Overweight from Equal Weight at Barclays... Bank of Hawaii (BOH) upgraded to Overweight from Equal Weight at Barclays... CF Industries (CF) upgraded to Buy from Neutral at Citigroup... DiamondRock (DRH) upgraded to Buy from Hold at MLV & Co... Facebook (FB) upgraded to Outperform from Market Perform at Cowen... MetLife (MET) upgraded to Conviction Buy from Buy at Goldman... Pier 1 Imports (PIR) upgraded to Outperform from Neutral at Credit Suisse... SM Energy (SM) upgraded to Buy from Hold at Societe Generale... StanCorp Financial (SFG) upgraded to Neutral from Sell at Goldman... Synaptics (SYNA) upgraded to Outperform from Perform at Oppenheimer... TAL International (TAL) upgraded to Buy from Neutral at SunTrust... Techne (TECH) upgraded to Outperform from Neutral at RW Baird... Urban Outfitters (URBN) upgraded to Buy from Hold at Canaccord... Portugal Telecom (PT) upgraded to Outperform from Market Perform at Bernstein... SunEdison (SUNE) upgraded to Outperform from Sector Perform at RBC Capital... PacWest Bancorp (PACW) upgraded to Outperform from Market Perform at Keefe Bruyette... Emulex (ELX) upgraded to Buy from Hold at Craig-Hallum... TIBCO (TIBX) upgraded Susquehanna... Informatica (INFA) upgraded to Positive from Neutral at Susquehanna... Accuray (ARAY) upgraded to Neutral from Underweight at JPMorgan... National Penn Bancshares (NPBC) upgraded to Neutral from Underperform at Sterne Agee.
News For AEE;BOH;CF;FB;DRH;MET;PIR;SM;SFG;SYNA;TAL;TECH;URBN;SUNE;PT;ELX;PACW;TIBX;INFA;ARAY;NPBC From The Last 14 Days
Check below for free stories on AEE;BOH;CF;FB;DRH;MET;PIR;SM;SFG;SYNA;TAL;TECH;URBN;SUNE;PT;ELX;PACW;TIBX;INFA;ARAY;NPBC the last two weeks.
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April 4, 2014
08:02 EDTFBFacebook met with anonymous app maker Secret but didn't make offer, Re/code says
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07:01 EDTTECHBio-Techne announces investment in Cyvek
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06:12 EDTFBFacebook paid researchers $1.5M to fix software bugs
Facebook paid out more than $1.5M to security researchers who helped it find and fix software bugs and security vulnerabilities in its software code, the company said. The company says it has been working to grow its bug bounty program since 2011, and "We received 14,763 submissions in 2013, a 246% increase from 2012. Of these, 687 were valid and eligible to receive rewards. 6% of eligible bugs were categorized as high severity. We've paid over $2M since we got started in 2011, and in 2013 we paid out $1.5M to 330 researchers across the globe. 2014 is looking good so far. The volume of high-severity issues is down, and we're hearing from researchers that it's tougher to find good bugs." Reference Link
April 3, 2014
13:38 EDTFBFacebook retests the $60 area, levels to watch
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10:00 EDTCFOn The Fly: Analyst Downgrade Summary
BB&T (BBT) downgraded to Outperform from Strong Buy at Raymond James... Broadcom (BRCM) downgraded to Neutral from Overweight at Piper Jaffray... CF Industries (CF) downgraded to Neutral from Buy at Citigroup... CSX (CSX) downgraded to Equalweight from Overweight at Barclays... Cheniere Energy (LNG) downgraded to Neutral from Outperform at Credit Suisse... Citigroup (C) downgraded to Neutral from Buy at Sterne Agee... Deutsche Bank (DB) downgraded to Neutral from Overweight at JPMorgan... G&K Services (GK) downgraded to Neutral from Outperform at RW Baird... Marcus (MCS) downgraded to Neutral from Buy at B. Riley... National Retail Properties (NNN) downgraded to Sell from Neutral at UBS... Norfolk Southern (NSC) downgraded to Neutral from Overweight at Atlantic Equities... Orion Energy (OESX) downgraded to Hold from Buy at Ascendiant... VIVUS (VVUS) downgraded to Underweight from Neutral at Piper Jaffray... Liquidity Services (LQDT) downgraded to Neutral from Outperform at RW Baird... Shaw Communications (SJR) downgraded to Sector Performer from Outperformer at CIBC... USG (USG) downgraded to Neutral from Outperform at Macquarie... Level 3 (LVLT) downgraded to Hold from Buy at Gabelli... U.S. Bancorp (USB) downgraded to Neutral from Conviction Buy at Goldman... Extra Space Storage (EXR) downgraded to Buy from Conviction Buy at Goldman... First Republic Bank (FRC) downgraded to Buy from Conviction Buy at Goldman... TELUS (TU) downgraded to Neutral from Outperform at Macquarie.
08:04 EDTSUNESunEdison signs three-year supply agreement with Shinsung Solar Energy
SunEdison has signed an agreement with Shinsung Solar Energy. Under the terms of the three-year agreement SunEdison expects to purchase 660 MW of high efficiency solar cells manufactured by Shinsung with SunEdison solar wafers.
06:22 EDTCFCF Industries downgraded to Neutral from Buy at Citigroup
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06:10 EDTFBGoogle's LeBeau hired by Facebook, TechCrunch reprots
Google (GOOG) product designer Mike LeBeau has been hired by Facebook (FB), TechCrunch reports. LeBeau had a hand in developing several voice-related technologies, including iPhone Voice Search, while working as a staff software engineer and product designer at Google, and was an early member of the Android team. LeBeau will become a product manager at Facebook. Reference Link
06:01 EDTFBInstagram fixing bug that hides users' photos, AP reports
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April 2, 2014
20:02 EDTSMSM Energy CEO Anthony Best to retire within twelve months
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17:41 EDTELXEmulex, Broadcom enter into dismissal and standstill agreement
In a regulatory filing, Emulex (ELX) announced that on March 31, Emulex and Broadcom (BRCM) entered into a dismissal and standstill agreement pursuant to which Emulex and Broadcom entered into certain understandings with respect to outstanding claims relating to and arising out of the patent infringement suit identified as Broadcom v. Emulex, Civil Action No. 8:09-cv-01058, brought by Broadcom against Emulex. Pursuant to the terms of the Dismissal Agreement: Emulex has agreed to pay Broadcom, a non-refundable, non-cancelable dismissal and standstill fee in the amount of $5M. Broadcom has agreed, for a period of one year from entering into the dismissal agreement, to provide advance notice to Emulex of future patent assertions, and to participate in good faith dispute resolution procedures; Broadcom has agreed to a one-year standstill in making any claims against Emulex, its subsidiaries or customers, or any third party suppliers of serializer/deserializer function blocks to Emulex. The standstill applies only to the extent the Broadcom claims would allege infringement of the SerDes Patents based solely on the use, manufacture, sale or import of certain Emulex products that were accused in the litigation.
17:19 EDTPACWManTech to replace PacWest Bancorp in S&P 600 as of 4/7 close
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17:18 EDTPACWPacWest Bancorp to replace ManTech in S&P 400 as of 4/7 close
16:21 EDTSUNESAC Capital lowers passive stake in SunEdison to 0.2% from 5.3%
11:25 EDTSMSM Energy management to meet with Jefferies
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09:45 EDTFBSecond major outage hits WhatsApp since Facebook acquisition, TechCrunch says
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09:35 EDTFBActive equity options trading on open
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08:34 EDTFB, FBFacebook ahead of peers in mobile, says CLSA
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07:29 EDTMETMetLife risk/reward attractive, says Credit Suisse
Credit Suisse said MetLife's risk/reward is attractive despite non-bank SIFI capital rules uncertainty. The firm reiterates its Outperform rating and $$59 price target.
06:50 EDTFBYouTube dominates mobile apps, Facebook on top in mobile social, Re/code says
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