New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 21, 2014
10:01 EDTGLOG, BBT, TPLM, PDCE, MPC, HFC, DOV, AEP, YUM, TRP, NE, CLI, GLNG, CNS, WLT, ROYT, MGI, JBLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Electric (AEP) downgraded to Neutral from Buy at ISI Group... BB&T (BBT) downgraded at Oppenheimer... Cohen & Steers (CNS) downgraded to Hold from Buy at Gabelli... Dover (DOV) downgraded to Hold from Buy at Stifel... GasLog (GLOG) downgraded to Hold from Buy at Jefferies... Golar LNG (GLNG) downgraded to Hold from Buy at Jefferies... HollyFrontier (HFC) downgraded to Sector Perform from Outperform at Howard Weil... Jabil Circuit (JBL) downgraded at RBC Capital... Mack-Cali Realty (CLI) downgraded at Cowen... Marathon Petroleum (MPC) downgraded to Outperform from Focus List at Howard Weil... MoneyGram (MGI) downgraded to Market Perform from Outperform at JMP Securities... Noble Corp. (NE) downgraded to Neutral from Accumulate at Global Hunter... PDC Energy (PDCE) downgraded to Market Perform from Outperform at BMO Capital... Pacific Coast Oil (ROYT) downgraded at Janney Capital... TransCanada (TRP) downgraded to Sector Performer from Outperformer at CIBC... Triangle Petroleum (TPLM) downgraded to Accumulate from Buy at KLR Group... Walter Energy (WLT) downgraded to Sell from Neutral at Goldman... Yum! Brands (YUM) downgraded to Neutral from Overweight at JPMorgan.
News For AEP;BBT;CNS;DOV;GLOG;GLNG;HFC;JBL;CLI;MPC;MGI;NE;PDCE;ROYT;TRP;TPLM;WLT;YUM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
November 13, 2014
06:18 EDTGLNGGolar LNG initiated with a Buy at Citigroup
Subscribe for More Information
05:35 EDTJBLJabil Circuit downgraded to Neutral from Buy at Goldman
Subscribe for More Information
November 12, 2014
17:09 EDTHFCHollyFrontier declares special cash dividend of 50c per share
Subscribe for More Information
16:23 EDTBBTOn The Fly: Closing Wrap
Subscribe for More Information
13:58 EDTBBTBB&T acquisition 3% accretive, says Wells Fargo
Subscribe for More Information
12:38 EDTBBTOn The Fly: Midday Wrap
Subscribe for More Information
12:17 EDTDOVDover management to meet with Stifel
Meeting to be held in San Francisco on November 13 hosted by Stifel.
10:09 EDTMGIMoneyGram shares likely to remain range-bound, says Wells Fargo
Wells Fargo expects MoneyGram's delayed quarterly filing on a "re-evaluation of its prior accounting policies and procedures related to global unclaimed property matters" to be another contributor to the stock being range-bound for the foreseeable future. It keeps a Market Perform rating on the stock.
09:43 EDTBBTSusquehanna downgraded to Underperform at Boenning & Scattergood
Subscribe for More Information
09:28 EDTCNSCohen & Steers reports reliminary AUM up 7.6% to $53.5B as of October 31
Subscribe for More Information
09:21 EDTBBTOn The Fly: Pre-market Movers
Subscribe for More Information
08:51 EDTTRPTransCanada to sell remaining interest in GTN to TC PipeLines
Subscribe for More Information
08:19 EDTMGIJPMorgan to hold a conference
Subscribe for More Information
07:59 EDTNEMitsubishi UFJ to hold a tour
Subscribe for More Information
07:53 EDTBBTBB&T to host conference call
Conference call to discuss acquisition of Susquehanna Bancshares will be held on November 12 at 8:30 am. Webcast Link
07:04 EDTBBTBB&T to acquire Susquehanna Bancshares for approximately $2.5B
BB&T (BBT) and Susquehanna (SUSQ) announced the signing of a definitive agreement under which BB&T will acquire Susquehanna in a cash and stock transaction for total consideration valued at approximately $2.5B.In connection with the acquisition, BB&T plans to establish three new banking regions encompassing certain markets in Pennsylvania and New Jersey. BB&T also plans to integrate its Baltimore region with Susquehanna's. These four regions are expected to be led by legacy Susquehanna executives. Under the terms of the agreement, which was approved by the boards of each company, shareholders of Susquehanna will receive as merger consideration 0.253 shares of BB&T common stock and $4.05 in cash for each share of Susquehanna common stock. The merger consideration is valued at $13.50 per share based on the average closing price of BB&T over the 45 trading days ending on November 10, 2014. BB&T expects to incur pre-tax merger and integration costs of approximately $250M and expects to achieve annual cost savings of approximately $160M. BB&T expects this acquisition to be accretive to earnings per share in the first full year excluding one-time charges and expects the transaction to exceed its IRR hurdle. This acquisition is subject to customary closing conditions including regulatory approvals and approval of Susquehanna shareholders.
07:02 EDTBBTBB&T to acquire Susquehanna Bancshares for approximately $2.5B
Subscribe for More Information
November 11, 2014
11:54 EDTAEPAmerican Electric backs FY16 operating EPS view $3.45-$3.85
Subscribe for More Information
11:53 EDTAEPAmerican Electric raises FY15 operating EPS view to $3.40-$3.60 from $3.30-$3.60
Subscribe for More Information
11:49 EDTAEPAmerican Electric raises 2015 capital expenditure budget to $4.4B
American Electric Power increased its 2015 capital expenditure budget to $4.4B. The company forecast its 2016 capital investment budget at $3.8B and its 2017 capital investment budget at $3.9B.
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use