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Stock Market & Financial Investment News

News For SCCO;EVER;BXP;GGP;SBUX;MNST;CVX;OCN;CP;ARE;AIV;SPG;FAST From The Last 14 Days
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May 18, 2015
09:20 EDTCVXW.R. Grace, Chevron JV to build catalysts plant in Lake Charles, LA
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09:00 EDTSBUXStarbucks management to meet with JPMorgan
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08:09 EDTOCNOcwen in full compliance with NYSE continued listing requirements
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07:56 EDTCVXKosmos provides update on Mauritania drilling
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07:23 EDTCVXChevron downgraded to Sell from Neutral at Goldman
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06:53 EDTOCNOcwen says in talks with lender for renenwal, replacement or extension of debt
In a regulatory filing, Ocwen stated: "We currently are in negotiations with our lenders for the renewal, replacement or extension of our debt arrangements that mature or begin amortization in 2015. We may also consider other capital markets transactions including, but not limited to, the sale and financing of advance receivables in the event we do not renew, replace or extend a portion or all of our existing advance financing facilities. We have entered into commitment letters to refinance certain of our debt agreements and extended certain facilities ahead of their scheduled maturity...Our lenders’ obligations to fund under these commitment letters are subject to conditions precedent, some of which are outside our control. In the event we are unable to renew, replace or extend all of these debt agreements, we may not have adequate sources of funding for our business. Due to the significant level of cash requirements related to servicing advances, we may not have sufficient levels of liquidity to fund the operations without our advance financing facilities. We typically require significantly more liquidity to meet our advance funding obligations than our available cash on hand."
May 15, 2015
07:09 EDTOCNHayman Capital gives quarterly update on stakes
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06:44 EDTCP, CVXEnvironmentalists file lawsuit over oil train safety rules, NY Times says
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May 14, 2015
09:31 EDTOCNJPMorgan to buy $45B in mortgage servicing rights from Ocwen
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09:31 EDTOCNJPMorgan to buy $45B in mortgage servicing rights from Ocwen
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09:19 EDTCPKansas City Southern drops after withdrawing 2015 revenue, volume guidance
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08:50 EDTSPG, BXP, GGPBofA/Merrill U.S. REITs analyst holds an analyst/industry conference call
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May 13, 2015
06:39 EDTSCCOSouthern Copper discloses statement from Peruvian branch regarding allegations
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May 12, 2015
15:46 EDTSBUXExpert claims some Starbucks customers hacked, CNBC reports
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07:28 EDTMNSTMonster Beverage deal financials better than expected, says JPMorgan
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May 11, 2015
17:57 EDTOCNOcwen files 2014 10-K without 'going concern' qualification
Ocwen Financial Corporation announced that it has filed its 2014 Form 10-K with the SEC. "We believe the filing of our 2014 Form 10-K, without a qualification as to our ability to operate as a going concern, is additional evidence that our strategy to strengthen our compliance management system, strengthen the service we provide to our customers and improve our financial stability is working and that confidence in the company is being restored," stated Ocwen CEO Ron Faris.
17:52 EDTGGPGeneral Growth sees FY15 diluted FFO $1.43, consensus $1.42
Guidance from slides presentation.
13:28 EDTCVXOPEC sees oil at around $76 a barrel in 2025, WSJ says
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09:59 EDTMNSTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alcatel-Lucent (ALU) upgraded to Outperform from Neutral at Exane BNP Paribas... Caterpillar (CAT) upgraded to Outperform at Baird... Cisco (CSCO) upgraded to Outperform with $36 target at Pacific Crest... Evolution Petroleum (EPM) upgraded to Outperform from Market Perform at Northland... Hecla Mining (HL) upgraded on hedging discipline at Roth Capital... Joy Global (JOY) upgraded to Outperform from Neutral at Baird... Monster Beverage (MNST) upgraded to Buy from Neutral at Citigroup... Nokia (NOK) upgraded to Outperform from Neutral at Exane BNP Paribas... On Deck Capital (ONDK) upgraded to Neutral from Sell at Sterne Agee CRT... Royal Caribbean (RCL) upgraded to Outperform from Neutral at Wedbush... SMC (SMECF) upgraded to Buy from Neutral at Goldman... Sally Beauty (SBH) upgraded to Outperform from Market Perform at Raymond James... Southwestern Energy (SWN) upgraded to Overweight from Equal Weight at Barclays... Sprouts Farmers Markets (SFM) upgraded to Outperform at BMO Capital... Suburban Propane (SPH) upgraded on positive outlook at Stifel... Suffolk Bancorp (SUBK) upgraded to Outperform from Market Perform at Keefe Bruyette... Syngenta (SYT) upgraded to Buy from Neutral at UBS... Triumph Group (TGI) upgraded to Outperform from Sector Perform at RBC Capital... United Natural Foods (UNFI) upgraded to Overweight from Equal Weight at Stephens... Web.com (WWWW) upgraded to Buy from Hold at Deutsche Bank... Zillow Group (Z) upgraded to Buy from Neutral at SunTrust.
06:19 EDTMNSTMonster Beverage upgraded to Buy from Neutral at Citigroup
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