New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For AIV;ARE;BXP;FAST;GGP;OCN;SPG;SCCO;EVER;SBUX;MNST;CVX;CP From The Last 14 Days
Check below for free stories on AIV;ARE;BXP;FAST;GGP;OCN;SPG;SCCO;EVER;SBUX;MNST;CVX;CP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | all recent news | >>
September 19, 2014
12:24 EDTCVXChevron looks to sell Hawaiian oil refinery, Bloomberg says
Subscribe for More Information
September 18, 2014
10:00 EDTBXPOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:59 EDTBXPBoston Properties upgraded at Stifel
Subscribe for More Information
06:09 EDTBXPBoston Properties upgraded to Buy from Hold at Stifel
Subscribe for More Information
September 17, 2014
10:00 EDTBXPOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:39 EDTCPMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
06:17 EDTBXPBoston Properties initiated with an Outperform at Wells Fargo
Subscribe for More Information
September 16, 2014
17:04 EDTBXPBoston Properties to sell 45% interest in three buildings for about $1.5B cash
Subscribe for More Information
13:40 EDTCVXChevron alternative fuel research unsuccessful, Bloomberg says
Subscribe for More Information
13:19 EDTSBUXMcDonald's Canada to offer coffee in grocery stores, Reuters says
McDonald's (MCD) is poised to start offering its McCafe ground coffee throughout Canadian grocery stores this month in an effort to gain more customers in a country whose java market has been lead by competitors such as Tim Hortons (THI) and Starbucks (SBUX), according to Reuters, citing comments from McDonald's Canada CEO John Betts. Reference Link
12:18 EDTSPGOn The Fly: Midday Wrap
Stocks on Wall Street were higher at midday, with some attributing the move to noted Fed watcher Jon Hilsenrath of The Wall Street Journal giving the opinion that he does not believe the central bank will drop the language that interest rates will "remain low for an extended period of time" when it issues its latest policy statement tomorrow. The averages began the session in negative territory and appeared to be heading for another listless day of trading. The market drifted lower during the opening hour but the Dow and S&P crossed into positive ground and the Nasdaq eventually followed. ECONOMIC EVENTS: In the U.S., the Producer Price Index was unchanged in August, as expected. The core reading, which excludes food and energy, increased 0.1%, also matching expectations. Of note, the Fed's FOMC rate setting group kicked off its two-day policy meeting. COMPANY NEWS: Shares of Apple (AAPL) slid over 1% after Chinese-language 21st Century Business Herald reportedly said the company might not get the necessary approval to launch its new iPhone 6 models throughout China until next year after failing to come to an agreement with a regulator in the nation. Shares of China Mobile (CHL), which is buy far the largest phone carrier in China, slipped 2% after the report... Glimcher Realty Trust (GRT) surged 29% after it agreed to sell itself to fellow REIT Washington Prime Group (WPG) for $14.20 per share. Washington has agreed to buy Glimcher for about $4.3B in a cash and stock deal. Glimcher shareholders will receive $10.40 in cash and 0.1989 of a share of Washington stock upon the closing of the transaction, the companies stated. As part of the deal, Simon Property Group (SPG), which completed its separation of Washington Prime Group this May, agreed to buy two shopping malls owned by Glimcher for $1.09B in cash. Shares of fellow mall owning REITs CBL & Associates (CBL), Rouse Properties (RSE) and Pennsylvania REIT (PEI) rose following the deal announcement. MAJOR MOVERS: Among the notable gainers was Bill Barrett (BBG), which rose 12% after selling natural gas, oil and natural gas liquids assets in the Piceance Basin in Colorado for $525M to Vanguard Natural (VNR). Vanguard Natural also gained 1% following the deal announcement. Among the noteworthy losers was VirnetX (VHC), which plunged nearly 50% after an appeals court vacated a jury’s damages award in its patent case with Apple. Also lower were shares of Atlantic Power (AT), which dropped 32% after announcing that it concluded a sale or merger of the company is not in the best interests of the company or its stakeholders and the company cut its annual dividend. INDEXES: Near midday, the Dow was up 88.18, or 0.52%, to 17,119.32, the Nasdaq was up 16.11, or 0.36%, to 4,535.01, and the S&P 500 was up 11.94, or 0.6%, to 1,996.07.
10:50 EDTGGPOptions with increasing implied volatility
Subscribe for More Information
10:47 EDTCVXBadri sees OPEC lowering oil output target at next meeting, Reuters says
Subscribe for More Information
10:36 EDTSPGGlimcher surges after agreeing to acquisition, REIT peers rise
Shares of Glimcher Realty Trust (GRT) are jumping after it announced earlier today that it had agreed to sell itself to Washington Prime Group (WPG) for $14.20 per share. Glimcher and Washington Prime are a real estate investment trusts, or REITs, that invests in shopping malls and community shopping centers. WHAT'S NEW: Washington has agreed to buy Glimcher for about $4.3B in a cash and stock deal. Glimcher shareholders will receive $10.40 in cash and 0.1989 of a share of Washington stock upon the closing of the transaction, the companies stated. Meanwhile, another REIT, Simon Property Group (SPG), agreed to buy two shopping malls owned by Glimcher - Jersey Gardens in Elizabeth, New Jersey and University Park Village in Fort Worth, Texas - for $1.09B in cash. WHAT'S NOTABLE: In a note to investors today, Wells Fargo upgraded another REIT, CBL & Associates (CBL), to Market Perform from Underperform. In the note, the firm stated that the Glimcher acquisition and Simon Property's purchase of two of Glimcher's malls support its belief that "B" mall asset prices are strong enough to justify a low $20 per share valuation for CBL. PRICE ACTION: In early trading, Glimcher jumped 30% to $13.80, CBL rallied 5% to $18.57, and Washington Prime fell 7% to $17.13. Meanwhile, the shares of two other mall owners, Rouse Properties (RSE) and Pennsylvania REIT (PEI), increased 3% and 5.5%, respectively. Simon Property Group, which completed its separation of Washington Prime Group this May, was up 0.5% following the news.
09:59 EDTMNSTOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ACI Worldwide (ACIW) initiated with a Neutral at Sterne Agee... ADP (ADP) initiated with a Market Perform at Bernstein... ANSYS (ANSS) initiated with a Sector Perform at RBC Capital... Accenture (ACN) initiated with a Market Perform at Bernstein... Blackhawk (HAWK) initiated with a Neutral at Sterne Agee... Coca-Cola (KO) initiated with a Market Perform at Cowen... Cognizant (CTSH) initiated with an Outperform at Bernstein... Constellation Brands (STZ) initiated with a Market Perform at Cowen... Dr Pepper Snapple (DPS) initiated with a Market Perform at Cowen... GenCorp (GY) initiated with a Hold at KeyBanc... Global Payments (GPN) initiated with a Neutral at Piper Jaffray... GoPro (GPRO) initiated with a Buy at Cleveland Research... Green Dot (GDOT) initiated with a Neutral at Sterne Agee... Lionsgate (LGF) initiated with a Buy at ISI Group... MEDNAX (MD) initiated with a Neutral at SunTrust... MasterCard (MA) initiated with a Buy at Sterne Agee... Molson Coors (TAP) initiated with an Outperform at Cowen... Monster Beverage (MNST) initiated with a Market Perform at Cowen... NetSuite (N) initiated with an Outperform at RBC Capital... Oracle (ORCL) assumed with a Sector Perform at RBC Capital... PepsiCo (PEP) initiated with an Outperform at Cowen... SAP (SAP) initiated with a Sector Perform at RBC Capital... Teekay (TK) initiated with a Hold at Deutsche Bank... Tesla (TSLA) initiated with a Buy at ISI Group... Visa (V) initiated with a Buy at Sterne Agee... Western Union (WU) initiated with a Neutral at Sterne Agee... Workday (WDAY) initiated with an Outperform at RBC Capital... Yelp (YELP) initiated with a Neutral at RW Baird... Zillow (Z) initiated with an Overweight at Stephens... zulily (ZU) initiated with an Outperform at RW Baird.
05:25 EDTBXPBoston Properties to host investor meeting
Investor meeting to be held on September 23 at 8 am. Webcast Link
September 15, 2014
20:02 EDTCVXConocoPhillips auctioning 24% stake in the Clair oilfield, FT reports
ConocoPhillips (COP) has hired banks to sell its 24% stake in UK's largest oilfield, The Financial Times reports, citing people familiar with the matter. The 24% stake could be valued between $2B-$3B, the people added. The Clair oilfield sits in Scottish territorial waters, and Conoco's interest in exiting the project is a sign of the challenges facing the North Sea oil industry, The Financial Times added. BP (BP) operates the Clair oilfield and owns a 28.6% stake, Royal Dutch Shell (RDS.A) controls a 28.6% stake, and Chevron (CVX) controls a 19% stake. Reference Link
16:15 EDTMNSTMonster Beverage initiated with a Market Perform at Cowen
Target $94.
08:31 EDTAREAlexandria Real Estate raises quarterly dividend by 6% to 72c
The dividend is payable on October 15 to shareholders of record on September 30.
07:02 EDTCVXMcDermott completes contract scope for Jack, St. Malo project
Subscribe for More Information
06:29 EDTCVXChevron pipeline shut down following accident that killed one, WSJ reports
Subscribe for More Information
September 14, 2014
13:35 EDTSBUXStarbucks shares could fall, Barron's says
Starbucks shares could fall and were placed on Hedgeye Risk Management analyst Howard Penney's best-ideas list as a short, Barron's argues in its 'The Trader' column. Reference Link
September 12, 2014
11:49 EDTCVXChevron CEO looks for partner before Kitimat project decision, Bloomberg says
Chevron CEO John Watson said that the firm needs to locate a partner, finalize natural gas contracts and examine engineering expenses prior to making a choice regarding its Canadian liquefied natural gas project in Kitimat, according to Bloomberg, citing comments from Watson. Reference Link
08:17 EDTSBUXStarbucks 6.2M share Block Trade priced at $75.15
BofA/Merrill acted as sole book running manager for the offering.
September 11, 2014
11:29 EDTGGPOptions with increasing implied volatility
Options with increasing implied volatility: VNET AVNR GPRO RAX FTR JDSU PSEC APD SYY GGP
08:46 EDTFASTFastenal initiated with a Neutral at Northcoast
06:36 EDTSBUXStarbucks to sell single-origin coffees in supermarkets, WSJ reports
Subscribe for More Information
05:28 EDTOCNOcwen Financial resumed with an Equal Weight at Barclays
Target $30.
September 10, 2014
11:23 EDTGGPOptions with increasing implied volatility
Subscribe for More Information
08:22 EDTCVXBofA/Merrill oil and gas analysts hold an analyst/industry conference call
Subscribe for More Information
07:07 EDTAIVBofA/Merrill to hold a conference
Subscribe for More Information
September 9, 2014
14:14 EDTCPCanadian Pacific, TCRC-RCTC ratify six-year labor agreement
Subscribe for More Information
13:58 EDTSBUXStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
Subscribe for More Information
10:10 EDTCVXOn the Fly: Analyst Downgrade Summary
Subscribe for More Information
10:06 EDTOCNOcwen Financial management to meet with Piper Jaffray
Subscribe for More Information
07:40 EDTCVXChevron downgraded to Underperform from Neutral at BofA/Merrill
Subscribe for More Information
07:04 EDTOCNOcwen Financial says continues to cooperate fully with NY DFS
Subscribe for More Information
September 8, 2014
17:11 EDTSPGSimon Property may bid for CFS Retail, Business Spectator says
Simon Property Group is expected to pursue the $6.4B CFS Retail and a deal with Melbourne billionaire John Gandel, Business Spectator says. Reference Link
15:43 EDTMNSTMonster Beverage asks court to block NY probe subpoena, Bloomberg says
Subscribe for More Information
<< 1 | 2 | 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