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Stock Market & Financial Investment News

News Breaks
October 3, 2012
10:22 EDTVALE, MDLZ, MRVL, EQM, AEGR, WPRT, NXPI, LO, BRCM, ORLY, KORS, HCN, ADC, KRFT, NGNMOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aegerion (AEGR) initiated with an Overweight at JPMorgan... Agree Realty (ADC) initiated with a Buy at Wunderlich... Broadcom (BRCM) initiated with a Buy at Capstone... EQT Midstream Partners (EQM) initiated with a Buy at Citigroup... Health Care REIT (HCN) initiated with an Outperform at RBC Capital... Lorillard (LO) initiated with a Buy at CLSA... Marvell (MRVL) initiated with a Hold at Capstone... Michael Kors (KORS) initiated with an Outperform at William Blair... NXP Semiconductors (NXPI) initiated with a Buy at Capstone... NeoGenomics (NGNM) initiated with a Buy at B. Riley... O'Reilly Automotive (ORLY) initiated with an Overweight at Stephens... Westport Innovations (WPRT) initiated with a Buy at UBS... Kraft Foods (KRFT) initiated with a Buy at CLSA... Vale (VALE) intiiated with a Hold at BB&T... Mondelez (MDLZ) initiated with an Outperform at CLSA.
News For AEGR;ADC;BRCM;EQM;HCN;LO;MRVL;KORS;NXPI;NGNM;ORLY;WPRT;KRFT;MDLZ;VALE From The Last 14 Days
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June 18, 2013
11:42 EDTVALEBrazil mining bill may double royalty to 4%, Reuters says
Brazil presented a much anticipated bill to reform the country's 46-year-old mining code, says Reuters. The bill proposes new royalties of up to 4% and a new regulatory agency, added Reuters. Reference Link
07:49 EDTMDLZ Mondelez shares attractive around $30, says Bernstein
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June 17, 2013
16:00 EDTMDLZOptions Update; June 17, 2013
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10:10 EDTMRVLOn The Fly: Analyst Upgrade Summary
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08:29 EDTBRCMBroadcom weakness overdone, says Morgan Stanley
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07:25 EDTMRVLMarvell upgraded at Susquehanna
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07:13 EDTVALEVale: China slowdown helped by Brazil currency depreciation, Bloomberg reports
Brazil’s Vale (VALE) said further local currency depreciation could counter cost rises and a slowdown in Chinese iron-ore demand as it seeks to regain market share from Rio Tinto (RIO) and BHP Billiton (BHP), reports Bloomberg.Reference Link
07:06 EDTMRVLMarvell upgraded to Positive from Neutral at Susquehanna
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06:59 EDTEQMEQT Midstream Partners initiated with an Outperform at RBC Capital
Target $54.
06:14 EDTVALEOn the Fly: Periodicals Wrap-Up
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June 14, 2013
10:49 EDTKRFTKraft Foods to create two new business units
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June 13, 2013
14:59 EDTKORSMichael Kors options active on conjecture of weak May data
Michael Kors June 65 weekly calls and July 55 puts are active on total call volume of 9K calls (9K puts) on conjecture of weak May data. June weekly call option implied volatility is at 70, June is at 41, July is at 41, August and November is at 40; compared to its 26-week average of 43 according to Track Data. Active option volume suggests traders taking positions for price movement.
14:50 EDTKORSRumor: Michael Kors down on conjecture of weak May data
10:05 EDTHCNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AngloGold (AU) downgraded to Sell from Hold at Societe Generale... Banco Santander (SAN) downgraded to Underweight from Neutral at JPMorgan... Cosi (COSI) downgraded to Neutral from Buy at Roth Capital... Randgold Resources (GOLD) downgraded to Hold from Buy at Societe Generale... Republic Services (RSG) downgraded to Buy from Conviction Buy at Goldman... Royal Bank of Scotland (RBS) downgraded to Sell from Hold at Deutsche Bank... Safeway (SWY) downgraded to Neutral from Buy at Citigroup... Smithfield Foods (SFD) downgraded to Neutral from Buy at Davenport... Vantage Drilling (VTG) downgraded to Market Perform from Outperform at Wells Fargo... Waste Management (WM) downgraded to Neutral from Buy at Goldman... Lexington Realty (LXP) downgraded to Underweight from Hold at KeyBanc... EPR Properties (EPR) downgraded to Underweight from Hold at KeyBancMedical Properties Trust (MPW) downgraded to Underweight from Hold at KeyBanc... Ventas (VTR) downgraded to Underweight from Hold at KeyBanc... Health Care REIT (HCN) downgraded to Hold from Buy at KeyBanc... StellarOne (STEL) downgraded to Market Perform from Strong Buy at Raymond James... Polypore (PPO) downgraded to Hold from Buy at Topeka.
09:13 EDTHCNHealth Care REIT downgraded to Hold from Buy at KeyBanc
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06:47 EDTLOFDA to look to regulate new types of tobacco products, NY Times reports
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June 12, 2013
10:20 EDTLOE-cigarettes to be regulated in U.K. as medicines
The Medicines and Healthcare products Regulatory Agency announced that all nicotine-containing products, such as electronic cigarettes, are to be regulated as medicines in a move to make these products safer and more effective to reduce the harms of smoking. The UK Government has decided that the MHRA will regulate all NCPs as medicines so that people using these products have the confidence that they are safe, are of the right quality and work, according to the regulator.
07:36 EDTMRVLMarvell looks to have won key Apple deal, says RBC Capital
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07:32 EDTMRVLLazard Capital to host a conference
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07:27 EDTBRCMThe Linley Group to host a conference
Linley Tech Carrier Conference 2013 is being held in Santa Clara, California on June 12-13.
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