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Stock Market & Financial Investment News

News Breaks
April 19, 2013
10:04 EDTDXPE, BBT, TEF, MMS, ETFC, SMS, VRTX, UBS, TOL, AN, NOK, NPTN, EWBC, OSTK, EE, AFOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Astoria Financial (AF) upgraded to Market Perform from Underperform at Keefe Bruyette... Autonation (AN) upgraded to Hold from Sell at Deutsche Bank... E-Trade (ETFC) upgraded to Market Perform from Underperform at Keefe Bruyette... El Paso Electric (EE) upgraded to Buy from Hold at Jefferies... Maximus (MMS) upgraded to Outperform from Market Perform at Raymond James... Overstock.com (OSTK) upgraded to Buy from Underperform at BofA/Merrill... Toll Brothers (TOL) upgraded to Outperform from Market Perform at Keefe Bruyette... UBS (UBS) upgraded to Buy from Hold at Deutsche Bank... Vertex (VRTX) upgraded to Buy from Hold at Canaccord... Telefonica (TEF) upgraded at Bernstein... BB&T (BBT) upgraded to Buy from Neutral at Hilliard Lyons... East West Bancorp (EWBC) upgraded to Outperform from Market Perform at Keefe Bruyette... DXP Enterprises (DXPE) upgraded to Buy from Neutral at Ascendiant Capital... NeoPhotonics (NPTN) upgraded to Buy from Hold at Needham... Sims Metal (SMS) upgraded to Buy from Neutral at BofA/Merrill... Overstock.com (OSTK) upgraded at BofA/Merrill... Nokia (NOK) upgraded to Market Perform from Underperform at BMO Capital.
News For AF;AN;ETFC;EE;TOL;MMS;OSTK;UBS;TEF;EWBC;VRTX;BBT;NPTN;SMS;DXPE;NOK From The Last 14 Days
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July 2, 2015
12:00 EDTVRTXVertex receives FDA approval for Orkambi
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11:50 EDTVRTXVertex trading halted, pending news
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07:01 EDTANAutoNation reports June retail new vehicle unit sales up 9% to 27,862
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June 30, 2015
07:45 EDTTEFEU agrees to enact 'net neutrality' law, WSJ reports
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07:32 EDTVRTXVertex should get Orkambi approval by Monday or sooner, says Piper Jaffray
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06:05 EDTNOKNokia inks four-year deal with Bharti Airtel India for 3G network rollout
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June 29, 2015
15:28 EDTVRTXVertex management to meet with UBS
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07:47 EDTVRTXCerulean appoints Stuart A. Arbuckle to board of directors, effective June 26
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June 28, 2015
18:08 EDTNOKElliott takes roughly 1.3% stake in Alcatel-Lucent, FT says
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June 26, 2015
17:28 EDTEWBCEast West Bancorp posts capital stress test results
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16:17 EDTNOKInterDigital: ITC to review RID involving Nokia and Microsoft
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08:35 EDTMMSMaximus uncertainty removed with ACA decision, says Maxim
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05:51 EDTNOKFoxconn expects to be largest handset, tablet ODM/OEM in 2015, DigiTimes says
Foxconn Chairman Terry Guo said the company is set to be the largest OEM/ODM for handsets, tablets and desktops in 2015, reports DigiTimes. Guo added that Foxconn will establish component supply chains to increase its advantage over competitors. Reference Link
June 25, 2015
06:31 EDTNOKMicrosoft focusing on increasing smartphone sales in India, WSJ reports
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June 24, 2015
15:41 EDTTEFVivendi increases position in Telecom Italia to 14.9%
Vivendi (VIVHY) announced that it has received 1.11B ordinary shares, or 8.24%, of Telecom Italia (TI) in exchange for 4.5% of the share capital of Telefonica Brasil (VIV), in accordance with the option given to it as part of the sale of GVT to Telefonica (TEF). Separately, Vivendi increased its ordinary shares in Telecom Italia from the recently purchased 1.9% with an additional stake of 4.76% purchased on June 22 for a total of 6.66%, representing a global cash payment of approximately EUR1B. Vivendi now owns 14.9% of Telecom Italia’s ordinary shares and has thus replaced Telefonica as the company’s largest shareholder. "This investment represents an opportunity for Vivendi... to expand in a market with significant growth prospects and a very strong appetite for quality content. Vivendi intends to support Telecom Italia over the long term," said the company.
11:13 EDTEEEl Paso Electric management to meet with Jefferies
Meetings to be held in Baltimore/New York/Philadelphia on June 30-July 1 hosted by Jefferies.
June 23, 2015
10:25 EDTAFAstoria Financial discloses results of its 2015 Dodd-Frank Act Stress Test
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09:01 EDTANESL Partners lowers stake in AutoNation to 17.1% from 18.6%
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June 22, 2015
11:04 EDTNOKNokia says HERE expanding real-time traffic service to 50 countries
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07:17 EDTNOKRegulators to decide by July 27 on Nokia, Alcatel-Lucent deal, Reuters reports
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