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Stock Market & Financial Investment News

News Breaks
February 13, 2013
10:01 EDTAHS, MDU, ZMH, IRWD, PRO, WU, UTIW, PL, PM, NNA, MOH, GRPN, CMCSA, BPLOn the Fly: Analyst Upgrade Summary
Today’s noteworthy upgrades include: AMN Healthcare (AHS) upgraded to Buy from Neutral at SunTrust... Avon Products (AVP) upgraded to Neutral from Sell at UBS... Comcast (CMCSA) upgraded to Outperform from Neutral at Credit Suisse... Groupon (GRPN) upgraded to Buy from Neutral at Sterne Agee... Molina Healthcare (MOH) upgraded to Buy from Neutral at BofA/Merrill... Navios Acquisition (NNA) upgraded to Outperform from Market Perform at Wells Fargo... Philip Morris (PM) upgraded to Neutral from Reduce at Nomura... Protective Life (PL) upgraded to Neutral from Underperform at BofA/Merrill... UTi Worldwide (UTIW) upgraded to Buy from Hold at Jefferies... Western Union (WU) upgraded to Underperform from Sell at CLSA... Avon Products (AVP) upgraded to Buy from Neutral at B. Riley Caris... PROS (PRO) upgraded to Buy from Hold at Craig-Hallum... Western Union (WU) upgraded to Neutral from Sell at Compass Point... Ironwood (IRWD) upgraded to Neutral from Underperform at Wedbush... Zimmer (ZMH) upgraded to Buy from Hold at Argus... Buckeye Partners (BPL) upgraded to Buy from Hold at Argus... MDU Resources (MDU) upgraded to Buy from Hold at Williams Capital.
News For AHS;CMCSA;GRPN;MOH;NNA;PM;PL;UTIW;WU;PRO;IRWD;ZMH;MDU;BPL From The Last 14 Days
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June 17, 2013
08:43 EDTMDUMDU Resources says Dakota Prairie Refinery project on track
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07:41 EDTGRPNGroupon seeing early signs of a turnaround, says Morgan Stanley
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07:04 EDTMOHMolina announces $158M sale, lease back transaction for corporate office
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06:53 EDTCMCSAComcast upgraded to Strong Buy from Outperform at Raymond James
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06:42 EDTMOHChoices provided by health insurance exchanges to vary widely, NY Times says
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05:51 EDTGRPNFor Groupon, much more work to do, WSJ reports
Groupon (GRPN) was supposed to be at risk of collapse. Bears growled about its gigantic marketing budget and lack of barriers protecting its business. But then the stock surged 12% Friday after Deutsche Bank (DB) published a report recommending investors buy. Now up almost threefold from its all-time low last November, Groupon has clearly put the biggest fears to rest. Yet, at $7.65, Groupon gets too much credit for a return to peppy growth when it still has much work to do, reports the Wall Street Journal's "Heard on the Street."Reference Link
June 14, 2013
12:43 EDTGRPNOn The Fly: Midday Wrap
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10:10 EDTGRPNOn The Fly: Analyst Upgrade Summary
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09:58 EDTGRPNGroupon rallies after Deutsche ups rating to Buy
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09:53 EDTGRPNGroupon rises after upgrade, price target bump, levels to watch
The shares are up over 11.38% to $7.64 in the pre-market following an upgrade by Deutsche Bank to Buy, with a $10 price target, up from $6. The firm cited its belief that the company can grow billings as well as improved sentiment concerning the company. Next resistance based on current price is at $8.16. Support is at $7.48.
09:24 EDTGRPNOn The Fly: Pre-market Movers
HIGHER: Groupon (GRPN), up 8% following upgrade at Deutsche Bank... SolarCity (SCTY), up 8% following upgraded to Outperform from Neutral at Credit Suisse... Smith & Wesson (SWHC), up 5.4% after earnings pre-announcement, share buyback plan... Elan (ELN), up 7.7% after starting formal sale process. UP AFTER EARNINGS: Restoration Hardware (RH), up 12.5%. LOWER: China Ming Yang Wind Power (MY), down 4% after CFO steps down... Myriad Genetics (MYGN), down another 4.9% after Supreme Court ruling yesterday on gene patents... News Corp. (NWSA), down 1.5% after CFO announces plan to retire following split.
07:21 EDTWUClinton Global Initiative to host to host a meeting
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05:47 EDTGRPNGroupon upgraded to Buy from Hold at Deutsche Bank
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June 13, 2013
09:30 EDTWUClinton Global Initiative to host to host a meeting
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07:09 EDTGRPNMobile payment companies becoming more competitive, LA Times says
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06:47 EDTPMFDA to look to regulate new types of tobacco products, NY Times reports
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06:40 EDTCMCSACable companies looking to derail Intel broadcast bid, NY Times says
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June 12, 2013
19:59 EDTCMCSANews Corp.'s Fox to take in less ad revenue, WSJ reports
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10:20 EDTPME-cigarettes to be regulated in U.K. as medicines
The Medicines and Healthcare products Regulatory Agency announced that all nicotine-containing products, such as electronic cigarettes, are to be regulated as medicines in a move to make these products safer and more effective to reduce the harms of smoking. The UK Government has decided that the MHRA will regulate all NCPs as medicines so that people using these products have the confidence that they are safe, are of the right quality and work, according to the regulator.
08:37 EDTWUWestern Union and IndusInd Bank partner for foreign exchange payments in India
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