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Stock Market & Financial Investment News

News Breaks
March 14, 2013
10:12 EDTGERN, CNW, AER, INDB, WMC, SSL, LUFK, ETN, DOX, CNC, SUSQ, WAC, PGR, HOTT, ETFC, AMZN, GIL, FULT, VRA, NEEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AerCap Holdings (AER) downgraded to Equal Weight from Overweight at Barclays... Airgas (ARG) downgraded to Equal Weight from Overweight at Morgan Stanley... Amazon.com (AMZN) downgraded to Neutral from Overweight at JPMorgan... Amdocs (DOX) downgraded to Perform from Outperform at Oppenheimer... Con-way (CNW) downgraded to Neutral from Buy at Goldman... E-Trade (ETFC) downgraded to Underperform from Market Perform at Keefe Bruyette... Eaton (ETN) downgraded to Equal Weight from Overweight at Barclays... Geron (GERN) downgraded to Neutral from Overweight at Piper Jaffray... Hot Topic (HOTT) downgraded to Neutral from Overweight at Piper Jaffray... Lufkin (LUFK) downgraded to Neutral from Buy at SunTrust... NextEra Energy (NEE) downgraded to Neutral from Overweight at Atlantic Equities... Progressive (PGR) downgraded to Sector Perform from Outperform at RBC Capital... Sasol (SSL) downgraded to Neutral from Buy at Citigroup... Vera Bradley (VRA) downgraded to Market Perform from Outperform at William Blair... Walter Investment (WAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Western Asset Mortgage (WMC) downgraded to Neutral from Buy at Compass Point... Fulton Financial (FULT) downgraded to Neutral from Buy at Guggenheim... Susquehanna (SUSQ) downgraded to Neutral from Buy at Guggenheim... Independent Bank (INDB) downgraded to Neutral from Buy at Guggenheim... Gildan Activewear (GIL) downgraded to Neutral from Buy at DA Davidson... Airgas (ARG) downgraded at Morgan Stanley... Centene (CNC) downgraded to Neutral from Overweight at JPMorgan.
News For AER;AMZN;DOX;CNW;ETFC;ETN;GERN;HOTT;LUFK;NEE;PGR;SSL;VRA;WAC;WMC;FULT;SUSQ;INDB;GIL;CNC From The Last 14 Days
Check below for free stories on AER;AMZN;DOX;CNW;ETFC;ETN;GERN;HOTT;LUFK;NEE;PGR;SSL;VRA;WAC;WMC;FULT;SUSQ;INDB;GIL;CNC the last two weeks.
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May 23, 2013
07:13 EDTAMZNAmazon.com eBay to see little impact from sales tax reform, says Bernstein
After the Senate passed a bill that would force all online retailers to collect sales tax, Bernstein thinks the impact of such a law on Amazon's (AMZN) gross profits would be "immaterial," while the bill would reduce eBay's (EBAY) EPS by less than 1% in 2014 if it becomes law. The firm keeps Outperform ratings on both stocks.
May 22, 2013
13:56 EDTAMZNAmazon.com to add 500 jobs in Web services unit, Washington Post says
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10:12 EDTCNCCentene management to meet with Lazard Capital
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09:07 EDTAMZNAmazon introduces 'Kindle Worlds' commercial publishing platform for fan fiction
Amazon Publishing announced Kindle Worlds, the first commercial publishing platform that will enable any writer to create fan fiction based on a range of original stories and characters and earn royalties for doing so. Amazon Publishing has secured licenses from Warner Bros. Television Group’s Alloy Entertainment division for its series Gossip Girl, Pretty Little Liars, and Vampire Diaries and plans to announce more licenses soon, the company said. Through these licenses, Kindle Worlds will allow any writer to publish authorized stories inspired by these Worlds and make them available for readers to purchase in the Kindle Store. Amazon Publishing will pay royalties to both the rights holders of the Worlds and the author.
May 21, 2013
10:03 EDTVRAVera Bradley initiated with a Buy at Standpoint Research
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10:00 EDTCNWOn The Fly: Analyst Upgrade Summary
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09:07 EDTAMZNAmazon.ca introduces Amazon Cloud Drive for Canada
All customers get 5 GB of free storage. Additional storage plans start at C$10 a year, the company said.
07:18 EDTETNElectrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 21 at 7:30 am; not all company presentations may be webcasted. Webcast Link
06:11 EDTCNWCon-way upgraded to Buy from Hold at Wunderlich
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05:33 EDTAMZNAmazon Web Services achieves FedRAMP compliance for AWS GovCloud
Amazon Web Services, or AWS, an Amazon.com company, announced AWS GovCloud and all U.S. AWS Regions have received an Agency Authority to Operate, or ATO, from the U.S. Department of Health and Human Services, or HHS, under the Federal Risk and Authorization Management Program, or FedRAMP, requirements at the Moderate impact level. FedRAMP is a U.S. government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. With this distinction, AWS has demonstrated it can meet the extensive FedRAMP security requirements and as a result, an even wider range of government customers can leverage AWS's secure environment to store, process, and protect a diverse array of sensitive government data. Leveraging the HHS authorization, all U.S. government agencies now have the information they need to evaluate AWS for their applications and workloads, provide their own authorizations to use AWS, and transition workloads into the AWS environment.
May 20, 2013
07:40 EDTCNWStephens to host a plane trip
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May 17, 2013
16:30 EDTFULTFulton Financial CFO to retire at year end
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16:25 EDTLUFKGabelli raises stake in Lufkin to 8.87% from 7.82%
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07:10 EDTAMZNU.K. to question Amazon over income tax, Reuters reports
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06:43 EDTAMZNApple disputing government's e-book allegations, NY Times says
Apple (AAPL) is aggressively combating the U.S. government's contention that it pushed Amazon.com (AMZN) and publishers to raise e-book prices,The New York Times reported yesterday, citing court papers filed this week. Amazon and publishing companies were already looking to use a different pricing model before Apple joined the e-book business in 2000, the newspaper quotes Apple as stating. A trial over the Justice Department's lawsuit against Apple regarding e-book pricing is slated to start June 3, the newspaper noted. Reference Link
06:12 EDTAMZNApple losing its edge as innovator, poll shows, Bloomberg reports
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06:06 EDTAMZNOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports.
May 16, 2013
10:03 EDTAMZNOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
10:03 EDTCNWOn The Fly: Analyst Upgrade Summary
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09:24 EDTAMZNAmazon.com expands content licensing agreement with NBCUniversal
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