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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
Check below for free stories on SCCO;EVER;BXP;GGP;SBUX;MNST;CVX;OCN;CP;ARE;AIV;SPG;FAST the last two weeks.
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May 20, 2013
08:08 EDTCVXEU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link
07:40 EDTMNSTMonster Beverage's recent sales slowdown is transitory, says Morgan Stanley
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05:40 EDTCVXU.S. oil futures rally as many commodities decline, WSJ reports
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May 16, 2013
16:38 EDTGGPGGP and TIAA-CREF enter partnership to own the Grand Canal Shoppes
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08:33 EDTEVERBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
06:03 EDTCVXYPF, Chevron agree to terms of Argentina shale investment, Reuters reports
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May 15, 2013
18:31 EDTCVXEcopetrol submits highest bids for three exploratory blocks in Brazil
Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins.
08:38 EDTCVXWTI crude falls for a fith consecutive day, Bloomberg reports
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May 14, 2013
16:00 EDTCVXOptions Update; May 14, 2013
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10:01 EDTMNSTOn The Fly: Analyst Initiation Summary
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09:35 EDTCPKansas City Southern could be acquired by a Canadian railroad, says Desjardins
Desjardin said Canadian Pacific (CP) and Canadian National (CNI) are in a solid financial position and could create shareholder value by gaining access to the Mexican market through an acquisition of Kansas City Southern (KSU).
08:35 EDTAREAlexandria Real Estate 6.7M share Spot Secondary priced at $73.50
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07:10 EDTCVXIEA says North American oil will dominate world supply growth, WSJ reports
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06:16 EDTMNSTMonster Beverage initiated with an Overweight at Morgan Stanley
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May 13, 2013
16:12 EDTAREAlexandria Real Estate files to sell 6M shares of common stock
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15:46 EDTCPCanadian Pacific management to meet with JPMorgan
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08:53 EDTSBUXBoingo Wireless price target raised to $10 from $7.50 at DA Davidson
DA Davidson increased its price target on Boingo Wireless (WIFI) as the firm expects the company to rebound in coming quarters, partly due to its new deals with Endeka and Starbucks (SBUX). The firm keeps a Buy rating on Boingo.
May 9, 2013
16:47 EDTMNSTOn The Fly: Closing Wrap
Stocks on Wall Street were lower, breaking the recent streak of the Dow and S&P 500 setting new closing highs. The averages moved higher during the afternoon, as the dollar topped the Y100 level for the first time in three years, though the averages fell again and failed to regain positive territory into the close. ECONOMIC EVENTS: In the U.S., jobless claims fell 4K from the prior week to 323K, which was below the consensus 335K claim forecast. Wholesale inventories rose 0.4% in March, which matched expectations. In Asia, Chinese consumer prices increased 2.4% in April, which was just above expectations, and producer prices fell 2.6%, which was more than expected. Also, the Bank of Korea unexpectedly cut its interest rate. COMPANY NEWS: Two heavily shorted stocks, Tesla (TSLA) and Green Mountain Coffee Roasters (GMCR), surged after reporting quarterly earnings after yesterday's close. Tesla added $13.61, or 24.4%, to $xx 69.40 after its top and bottom line results beat Street estimates and it raised its full-year vehicle delivery outlook to 21,000 from 20,000 vehicles. Green Mountain shares gained $16.56, or 27.84%, to $76.04 after the company's earning came in better than expected and it announced a long-term strategic partnership with Starbucks. MAJOR MOVERS: Among the notable gainers was Barnes & Noble (BKS), up $4.31, or 24.25%, to $22.08 after a report saying Microsoft (MSFT) is considering acquiring the digital assets of Nook Media. Also higher was News Corp. (NWSA), up $1.43, or 4.49%, to $33.29 after its third quarter earnings were in-line and its revenues topped consensus estimates. Among the noteworthy losers Rackspace (RAX), down $12.88, or 24.66%, to $39.36 after its second quarter revenue missed Street estimates and its stock received downgrades from at least four analyst firms. Also lower following its quarterly report was Monster Beverage (MNST), which fell $2.96, or 5.2%, to $54.01. INDICES: The Dow was down 22.50, or 0.15%, to 15,082.62; the Nasdaq was down 4.10, or 0.12%, to 3,409.17; and the S&P 500 was down 6.02, or 0.37%, to 1,626.67.
14:21 EDTCVXChevron entitled to damages after U.S. violated pacts, Bloomberg reports
The U.S. Court of Claims ruled that Chevron is entitled to unspecified damages after the Department of Energy violated agreements governing determination of equity interests in oil and gas deposits in California, reported Bloomberg, citing a ruling made public yesterday. Reference Link
12:35 EDTSBUXOn The Fly: Midday Wrap
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