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Stock Market & Financial Investment News

News Breaks
March 18, 2014
10:00 EDTAF, IMO, SINA, UBSH, KIOR, UMPQ, FSM, EJ, CSCO, SFLYOn The Fly: Analyst Downgrade Summary
Astoria Financial (AF) downgraded to Market Perform at Keefe Bruyette... Cisco (CSCO) downgraded to Equal Weight from Overweight at Barclays... E-House (EJ) downgraded to Buy from Conviction Buy at Goldman... Fortuna Silver Mines (FSM) downgraded to Sector Performer from Outperformer at CIBC... Umpqua Holdings (UMPQ) downgraded to Sector Perform from Outperform at RBC Capital... Union First Market (UBSH) downgraded at Sterne Agee... KiOR (KIOR) downgraded to Neutral from Overweight at Piper Jaffray... SINA (SINA) downgraded to Hold from Buy at Maxim... Imperial Oil (IMO) downgraded to Underperform from Neutral at Macquarie... Shutterfly (SFLY) downgraded at Cowen.
News For AF;CSCO;EJ;FSM;UMPQ;KIOR;UBSH;SINA;IMO;SFLY From The Last 14 Days
Check below for free stories on AF;CSCO;EJ;FSM;UMPQ;KIOR;UBSH;SINA;IMO;SFLY the last two weeks.
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July 24, 2014
13:23 EDTUBSHUnion Bankshares raises quarterly dividend by 7% to 15c per share
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July 23, 2014
16:36 EDTAFAstoria Financial reports Q2 EPS 20c, consensus 16c
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16:20 EDTUMPQUmpqua Holdings reports Q2 operating EPS 27c, consensus 23c
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July 22, 2014
15:07 EDTCSCOEarnings Preview: Microsoft to report after Nadella makes big job cuts
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10:46 EDTEJHigh option volume stocks: SBAC KS EDU PII GALT EJ AXL TSEM HLF BCOR
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10:00 EDTIMOOn The Fly: Analyst Downgrade Summary
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08:14 EDTCSCOCisco to establish Global IoE Innovation Center in Barcelona
Cisco and Barcelona City Council announced plans to open a Cisco Global IoE Innovation Center in Barcelona. The Innovation Center will provide a platform for research, technological development and new market opportunities related to the Internet of Everything for smart cities. The new 1,720 SQM Cisco center will be located at Ca l'Alier, a 19th century heritage building at the core of the 22@Barcelona district, as part of the new Smart City Campus. Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30M in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.
07:19 EDTUBSHUnion First Market expects net interest margin to decline modestly
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07:18 EDTUBSHUnion Bankshares reports Q2 adjusted EPS 38c, consensus 39c
The provision for loan losses for the current quarter was $1.5M
07:17 EDTIMOImperial Oil downgraded to Sell from Hold at Canaccord
Canaccord downgraded Imperial Oil to Sell from Hold and said shares are priced to perfection.
July 21, 2014
17:47 EDTAFAstoria Financial to sell non-performing residential mortgages to Credit Suisse
Astoria Financial (AF) announced that the bank had entered into an agreement to sell certain non-performing residential mortgage loans, or NPL, to Credit Suisse (CS) for consideration of approximately $186M. The NPL Sale is expected to close on or about July 31, subject to usual and customary closing conditions. In anticipation of the NPL Sale, such non-performing loans were designated as held-for-sale as of June 30 and were written down from their carrying value of approximately $195M to their estimated fair value of $186M. As a result, the company recorded an $8.7M charge-off and a $5.7M loan loss release in Q2.
16:17 EDTUBSHUnion First Market hires James G. Carter, III as CEO
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10:49 EDTSINABaidu advances following Morgan Stanley upgrade
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July 18, 2014
16:02 EDTSFLYShutterfly names Gautam Srivastava as Chief Human Resources Officer
Shutterfly (SFLY) announced it has appointed Gautam Srivastava as senior vice president and chief human resources officer. Srivastava will join the Shutterfly team on July 21. Srivastava brings many years of human resources and general operating experience to his position. Most recently he was SVP of Human Resources and Marketing for LSI Corp. (LSI), a designer of semiconductors for datacenter storage and networking.
July 15, 2014
08:35 EDTCSCOCisco announces multi-year sales, go-to-market agreement with Microsoft
Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets. The companies will focus on integrating market leading technologies, including Cisco Unified Computing System, Cisco Nexus switching and Microsoft Cloud OS solutions including Windows Server, System Center, SQL Server and Microsoft Azure.
06:00 EDTSINAStocks with implied volatility movement; KGC SINA
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05:53 EDTCSCOStocks with implied volatility movement; CSCO WMT
Stocks with implied volatility movement; Cisco (CSCO) 23, Wal-Mart (WMT) 13 according to iVolatility.
July 14, 2014
07:07 EDTFSMFortuna Silver Mines intercepts 854 g/t Ag and 5 g/t over 3.3M in San Jose mine
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