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Stock Market & Financial Investment News

News Breaks
June 3, 2014
10:03 EDTWETF, SNV, NBG, LIN, HUN, FRME, EWBC, DVN, CHL, BRFS, AREX, AGPPYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Anglo Platinum (AGPPY) upgraded to Overweight from Underweight at Barclays... Approach Resources (AREX) upgraded to Accumulate from Neutral at Global Hunter... BRF S.A. (BRFS) upgraded to Buy from Neutral at Goldman... China Mobile (CHL) upgraded to Buy from Neutral at Nomura... Devon Energy (DVN) upgraded to Outperform from Market Perform at Wells Fargo... East West Bancorp (EWBC) upgraded to Overweight from Equalweight at Barclays... First Merchants (FRME) upgraded to Outperform from Market Perform at Fig Partners... Huntsman (HUN) upgraded to Conviction Buy from Buy at Goldman... LIN Media (LIN) upgraded to Overweight from Equal Weight at Evercore... National Bank of Greece (NBG) upgraded to Buy from Reduce at Nomura... Synovus (SNV) upgraded to Outperform from Market Perform at Keefe Bruyette... WisdomTree (WETF) upgraded to Positive from Neutral at Susquehanna.
News For AGPPY;AREX;BRFS;CHL;DVN;EWBC;FRME;HUN;LIN;NBG;SNV;WETF From The Last 14 Days
Check below for free stories on AGPPY;AREX;BRFS;CHL;DVN;EWBC;FRME;HUN;LIN;NBG;SNV;WETF the last two weeks.
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July 24, 2014
09:52 EDTFRMEFirst Merchants reports Q2 EPS 41c, consensus 41c
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July 23, 2014
09:55 EDTSNVSynovus upgraded to Sector Perform from Underperform at Portales
July 22, 2014
08:57 EDTFRMEFirst Merchants sees acquisition accretive during first full year
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08:56 EDTFRMEFirst Merchants announces merger agreement with Community Bancshares
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08:26 EDTSNVSynovus reports Q2 net interest income $205.1M
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08:24 EDTSNVSynovus reports Q2 EPS ex-items 35c, consensus 48c
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July 21, 2014
11:04 EDTWETFOptions with increasing implied volatility:
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July 18, 2014
11:34 EDTWETFOptions with increasing implied volatility
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07:05 EDTDVNDevon Energy added to short-term buy list at Deutsche Bank
July 17, 2014
07:01 EDTEWBCEast West Bancorp reports total assets as of June 30 were $27.6B
06:31 EDTEWBCEast West Bancorp sees Q3 EPS 58c-60c, consensus 59c
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06:31 EDTEWBCEast West Bancorp raises FY14 EPS to $2.29-$2.33 from $2.24-$2.28
FY14 EPS consensus of $2.33. This EPS guidance for the remainder of 2014 is based on an adjusted net interest margin ranging from 3.35% to 3.40%1, total loan growth of approximately $400 million per quarter, provision for loan losses of approximately $5.0 million to $8.0 million per quarter, noninterest expense of approximately $120 million to $125 million per quarter, and an effective tax rate of 29%.
06:31 EDTEWBCEast West Bancorp reports Q2 EPS 58c, consensus 58c
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July 14, 2014
10:00 EDTCHLOn The Fly: Analyst Upgrade Summary
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09:35 EDTBRFSBRF S.A. downgraded to Hold from Buy at Miller Tabak
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08:17 EDTCHLChina Mobile upgraded to Buy from Neutral at BofA/Merrill
July 11, 2014
07:16 EDTCHLChinese telcos confirm establishment of tower facilities joint venture
China Telecom (CHA) announced that the company, China United Network Communications (CHU) and China Mobile (CHL) entered into a promoters’ agreement to jointly establish China Communications Facilities Services Corporation Limited. The registered share capital of the tower venture is RMB10B. The three companies intend to subscribe for 2.99B shares, 3.01B shares and 4.00B shares of the tower company respectively in cash at a par value of RMB1.00 per share, representing a shareholding percentage of 29.9%, 30.1% and 40.0%, respectively. The tower venture company will primarily engage in the construction, maintenance and operation of telecommunications towers, and will also engage in the construction, maintenance and operation of ancillary facilities such as control rooms, power supply systems and air conditioning systems of base stations, etc and indoor distribution systems as well as the provision of outsourcing maintenance services for base station equipment. At present, the respective parties are at a preliminary stage of considering potential injections of certain telecommunications assets into the tower company, China Telecom stated.
July 10, 2014
14:14 EDTCHLChinese telecom companies to cut marketing spending, WantChinaTimes says
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