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Stock Market & Financial Investment News

News Breaks
April 25, 2014
10:01 EDTSZEVY, UN, USG, COG, AMZN, LAMR, GM, ERIC, BRCM, AET, LLTC, KLAC, FBC, DWA, ADI, LTM, HSBC, FITBOn The Fly: Analyst Downgrade Summary
Aetna (AET) downgraded to Neutral from Buy at Citigroup... Amazon.com (AMZN) downgraded to Outperform from Strong Buy at Raymond James... Analog Devices (ADI) downgraded to Neutral from Buy at Citigroup... Broadcom (BRCM) downgraded at Needham... Cabot Oil & Gas (COG) downgraded to Accumulate from Buy at KLR Group... DreamWorks Animation (DWA) downgraded to Sell from Hold at Topeka... Ericsson (ERIC) downgraded to Hold from Buy at Argus... Fifth Third Bancorp (FITB) downgraded at BMO Capital... Flagstar Bancorp (FBC) downgraded to Neutral from Buy at Compass Point... General Motors (GM) downgraded to Hold from Buy at Craig-Hallum... HSBC (HSBC) downgraded to Underweight from Equal Weight at Morgan Stanley... KLA-Tencor (KLAC) downgraded to Neutral from Buy at B. Riley... Lamar Advertising (LAMR) downgraded to Neutral from Outperform at Wedbush... Life Time Fitness (LTM) downgraded at Oppenheimer... Linear Technology (LLTC) downgraded to Neutral from Buy at Citigroup... Suez Environnement (SZEVY) downgraded to Equal Weight from Overweight at Morgan Stanley... USG (USG) downgraded to Neutral from Buy at Longbow... Unilever (UN) downgraded to Equalweight from Overweight at Barclays.
News For AET;AMZN;ADI;BRCM;COG;DWA;ERIC;FITB;FBC;GM;HSBC;KLAC;LAMR;LTM;LLTC;SZEVY;USG;UN From The Last 14 Days
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March 20, 2015
06:22 EDTGMGM CEO to be questioned October 8 over ignition failures, AP says
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March 19, 2015
16:31 EDTAMZNAmazon Logistics UAS gets experimental airworthiness certificate
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10:02 EDTAETOn The Fly: Analyst Upgrade Summary
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08:20 EDTAETAetna upgraded at Sterne Agee
As noted earlier, Sterne Agee upgraded Aetna to Buy from Neutral. The firm says that the company is the best-positioned name within the large-cap health plan space , a defensive sector that has little exposure to Europe and reasonable growth prospects, according to the firm.
08:14 EDTERICWorst case scenario unlikely for Ericsson in Apple lawsuit, says Bernstein
Noting that Apple (AAPL) and Ericsson (ERIC) are involved in patent litigation in which Apple has asked the court to limit Apple's royalty payments to Ericsson to the smallest saleable component containing Ericsson's technology, Bernstein says that Ericsson's IP revenue would be reduced to almost nothing if the court grants Apple's request. However, the firm does not believe that Apple's request has a good legal rationale, and it thinks that the court is "extremely unlikely" to grant it. As a result, the firm is "relaxed" about Ericsson's outlook. It keeps an Outperform rating on the shares.
07:27 EDTUSGUSG sell-off on latest lawsuit overblown, says Jefferies
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07:22 EDTUSGUSG, other wallboard manufacturers named in pricing fixing suit
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06:19 EDTAETAetna upgraded to Buy from Neutral at Sterne Agee
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05:53 EDTAMZNAmazon plans to shut down Shopify rival Amazon Webstore, Re/code reports
Amazon is planning to shut down Amazon Webstore, its competitor to Shopify and Bigcommerce, Re/code reports, citing sources. The company will allow its Webstore customers over a year to find a new vendor before the service is fully shut down, the sources say. Reference Link
05:30 EDTAMZNAmazon.com expands Prime Now delivery to Baltimore and Miami
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March 18, 2015
13:13 EDTCOGAnalyst recommends buying top E&P names before crude finds its bottom
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12:46 EDTAETAetna, HackensackAlliance ACO announce collaboration
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10:00 EDTUSGOn The Fly: Analyst Downgrade Summary
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09:23 EDTDWAVerizon may launch mobile TV service as soon as June, Bloomberg says
Verizon (VZ) has secured mobile television streaming rights with Viacom (VIA, VIAB) and DreamWorks Animation (DWA) and plans to start a mobile video streaming service as early as June, according to Bloomberg, citing a person familiar with the matter. Verizon plans to have programming from ABC (DIS), NBC (CMCSA), CBS (CBS) and Fox (FOXA) as part of the service, the report added. The Fly notes that Verizon has publicly confirmed previously that it plans to launch such a service, but has not provided many details to date.
08:59 EDTUSGUSG downgraded to Neutral at RW Baird
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08:37 EDTGMGeneral Motors says to change business model in Russia
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08:36 EDTGMGeneral Motors says to idle auto plant in St. Petersburg
07:21 EDTCOGE&P stocks should be bought on weakness, says Stifel
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07:20 EDTHSBCU.S. considers 'tearing up' non-prosecution deals with banks, Bloomberg says
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06:30 EDTUSGUSG downgraded to Neutral from Outperform at RW Baird
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