New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 22, 2014
13:23 EDTDFS, AIG, IR, HALAIG, Halliburton, Ingersoll-Rand, Discover could double dividends, Barron's says
AIG (AIG), Halliburton (HAL), Ingersoll-Rand (IR), and Discover Financial Services (DFS) are companies with yields that could grow quickly and possibly double over five years, Barron's contends in a feature article. Reference Link
News For AIG;HAL;IR;DFS From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
November 13, 2014
17:00 EDTIRTrian Fund Management gives quarterly update on stakes
Subscribe for More Information
16:36 EDTHALOn The Fly: Closing Wrap
Stocks on Wall Street saw another day of relatively quiet trading in a tight range, but the major averages once again finished the session higher than where they'd began. The Dow, powered by the post-earnings advance from Wal-Mart (WMT), led and closed at a new all-time high for the third time in the last four days. ECONOMIC EVENTS: In the U.S., initial jobless claims rebounded 12K to 290K in the week ending November 8, versus expectations for 280K first-time claims. The Job Openings and Labor Turnover Survey, or JOLTs report, showed job openings fell to 4.335M in September, versus the consensus forecast for 4.8M openings. The Treasury reported a $121.7B budget deficit for October, versus the consensus deficit forecast of $117B. COMPANY NEWS: Wal-Mart led the Dow, advancing $3.74, or 4.72%, to $82.94 after the world's largest retailer's earnings beat expectations and it reported U.S. comparable store sales grew 0.5% during the just-completed quarter... Warren Buffett’s Berkshire Hathaway (BRK.A) agreed to acquire the Duracell battery business from Procter and Gamble (PG) via a stock swap. In exchange for a recapitalized Duracell company, which will include approximately $1.7B in cash at closing, P&G will receive shares of its own common stock currently held by Berkshire having a current value of approximately $4.7B, the companies announced. Shares of Procter & Gamble, which also guided to FY15 core EPS growth in a mid-single digit percentage range, fell 88c, or 0.98%, to $88.60 after the deal was announced and guidance was issued. MAJOR MOVERS: Among the notable gainers was Baker Hughes (BHI), which surged $7.77, or 15.24%, to $58.75 after The Wall Street Journal said the company is in fast-moving talks to be acquired by larger peer Halliburton (HAL), which also rose 56c, or 1.05%, to $53.79 following the report. Also higher was DreamWorks Animation (DWA), which jumped $3.15, or 14.08%, to $25.52 after several media outlets reported that the animated movie maker company was in talks about selling itself to toy maker Hasbro (HAS). Hasbro shares fell $2.49, or 4.33%, to $54.98 following the reports. Also lower were shares of Revance (RVNC), which fell $4.93, or 23.48%, to $16.07 after the company said last night that the preliminary results from its ongoing open-label study suggest it still has "some work to do" to increase the probability of success for its upcoming Phase 3 pivotal program for RT001. INDEXES: The Dow rose 40.59, or 0.23%, to 17,652.79, the Nasdaq gained 5.01, or 0.11%, to 4,680.14, and the S&P 500 added 1.08, or 0.05%, to 2,039.33.
16:07 EDTHALHalliburton spikes, retraces, levels to watch
Subscribe for More Information
16:01 EDTHALBaker Hughes calls active on consolidation reports
Subscribe for More Information
15:51 EDTHALHalliburton calls active on talks to acquire Baker Hughes, reports
Subscribe for More Information
15:46 EDTHALHalliburton spikes higher on Baker Hughes bid talk
Subscribe for More Information
15:45 EDTHALHalliburton, Baker Hughes in fast-moving merger talks, WSJ reports
Subscribe for More Information
15:37 EDTHALBaker Hughes jumps 1.3%, halted for volatility after report on Halliburton talks
Subscribe for More Information
15:37 EDTHALHalliburton in fast-moving talks to acquire Baker Hughes, DJ reports
15:19 EDTHALOne Halliburton employee dead, two hurt after accident, Denver Post reports
Subscribe for More Information
10:01 EDTDFSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ATK (ATK) downgraded to Hold from Buy at Argus... Adeptus Health (ADPT) downgraded to Hold from Buy at Deutsche Bank... American Woodmark (AMWD) downgraded to Neutral from Buy at Longbow... Avnet (AVT) downgraded to Sell from Neutral at Goldman... Baxano Surgical (BAXS) downgraded to Sell from Buy at Summer Street... Beazer Homes (BZH) downgraded to Neutral from Overweight at JPMorgan... Bristol-Myers (BMY) downgraded to Equal Weight from Overweight at Morgan Stanley... Centene (CNC) downgraded to Market Perform from Outperform at FBR Capital... Cherry Hill Mortgage (CHMI) downgraded to Equal Weight from Overweight at Barclays... Discover (DFS) downgraded to Hold from Buy at Deutsche Bank... Fleetmatics (FLTX) downgraded to Neutral from Buy at BofA/Merrill... Gazprom (OGZPY) downgraded to Neutral from Overweight at JPMorgan... Jabil Circuit (JBL) downgraded to Neutral from Buy at Goldman... LabCorp (LH) downgraded to Hold from Buy at Deutsche Bank... Laredo Petroleum (LPI) downgraded at BMO Capital... Macy's (M) downgraded to Market Perform from Outperform at Wells Fargo... Madison Square Garden (MSG) downgraded to Equal Weight from Overweight at Morgan Stanley... Marvell (MRVL) downgraded to Sell from Neutral at Goldman... Meritor (MTOR) downgraded to Neutral from Overweight at Piper Jaffray... Swedbank (SWDBY) downgraded to Underperform from Sector Perform at RBC Capital... TransGlobe (TGA) downgraded to Sector Perform from Outperform at Scotia Capital... UIL Holdings (UIL) downgraded to Hold from Buy at Argus... Verint Systems (VRNT) downgraded to Fair Value from Buy at CRT Capital... ZAIS Financial (ZFC) downgraded to Equal Weight from Overweight at Barclays.
09:30 EDTDFSDiscover COO says U.S. consumer 'not great'
Subscribe for More Information
05:39 EDTDFSDiscover downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Discover (DFS) to Hold with a $68 price target citing valuation and high expectations for loan growth. The firm sees a better risk/reward in shares of Capital One (COF), which it initiated this morning with a Buy.
November 12, 2014
07:59 EDTHALMitsubishi UFJ to hold a tour
Subscribe for More Information
07:28 EDTDFSBofA/Merrill to hold a conference
Subscribe for More Information
November 10, 2014
15:43 EDTHALAmerican Petroleum Institute to hold a conference
Subscribe for More Information
November 6, 2014
11:29 EDTAIGFinancial Stability Board updates list of global systemically important insurers
Subscribe for More Information
10:54 EDTAIGGenworth sinks after raising reserves, taking goodwill impairments
Subscribe for More Information
09:17 EDTAIGInvestor sentiment towards AIG overly negative, says BMO Capital
BMO Capital believes that AIG delivered "fairly solid" Q3 results, while investor sentiment towards the name appears to be rather negative. The firm does not believe that the company is facing any systemic challenges to its continued improvement and keeps an Outperform rating on the shares.
07:53 EDTAIGPepsi, Amazon among many said to have secret Luxembourg tax deals, ICIJ reports
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use