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Stock Market & Financial Investment News

News Breaks
April 25, 2013
10:00 EDTCYS, WM, ABG, INFN, WDC, CAKE, WLP, YUM, UTL, TQNT, PG, IPCM, FNFG, FFIV, FDML, ERF, CP, AAPL, AKAMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Akamai (AKAM) upgraded to Overweight from Neutral at JPMorgan... Apple (AAPL) upgraded to Buy from Long-Term Buy at Hilliard Lyons... Canadian Pacific (CP) upgraded to Outperform from Market Perform at Raymond James... Enerplus Resources (ERF) upgraded to Overweight from Equal Weight at Barclays... F5 Networks (FFIV) upgraded to Buy from Neutral at Nomura... Federal-Mogul (FDML) upgraded to Neutral from Sell at Goldman... First Niagara (FNFG) upgraded to Market Perform from Underperform at Raymond James... IPC The Hospitalist Co. (IPCM) upgraded to Buy from Hold at Deutsche Bank... Procter & Gamble (PG) upgraded to Buy from Neutral at SunTrust... ServiceNow (NOW) upgraded to Buy from Neutral at Mizuho... TriQuint (TQNT) upgraded to Market Perform from Underperform at Raymond James... Unitil (UTL) upgraded to Buy from Hold at Brean Capital... Yum! Brands (YUM) upgraded to Market Perform from Underperform at Raymond James... Wellpoint (WLP) upgraded to Buy from Neutral at Monness Crespi... Cheesecake Factory (CAKE) upgraded to Neutral from Underperform at Buckingham... Western Digital (WDC) upgraded to Outperform from Sector Perform at FBN Securities... Infinera (INFN) upgraded to Buy from Hold at Needham... Waste Management (WM) upgraded to Buy from Hold at Wunderlich... Asbury Automotive (ABG) upgraded to Buy from Hold at Craig-Hallum... CYS Investments (CYS) upgraded to Outperform from Market Perform at FBR Capital.
News For AKAM;AAPL;CP;ERF;FDML;FFIV;FNFG;IPCM;PG;TQNT;UTL;YUM;WLP;CAKE;WDC;INFN;ABG;WM;CYS From The Last 14 Days
Check below for free stories on AKAM;AAPL;CP;ERF;FDML;FFIV;FNFG;IPCM;PG;TQNT;UTL;YUM;WLP;CAKE;WDC;INFN;ABG;WM;CYS the last two weeks.
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August 11, 2014
06:46 EDTYUM Yum! Brands shares remain attractive, says Bernstein
Bernstein expects Yum! Brands' China comp estimates to recover and does not view the brand as permanently impaired. The believes shares are attractive and sees potential upside from re-franchising or a breakup. The firm rates Yum! an Outperform with an $87 price target.
06:23 EDTAAPLGoogle testing "Listen Now" music ads, WSJ reports
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August 10, 2014
18:27 EDTPGProcter & Gamble could return 10% in six months, Barron's says
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16:51 EDTAAPLCourt rejects $324M settlement in tech hiring conspiracy, NYT says
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August 8, 2014
16:16 EDTAAPLU.S. judge rejects Apple, Google antitrust hiring accord, Bloomberg reports
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16:00 EDTAAPLOptions Update; August 8, 2014
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09:37 EDTAAPLActive equity options trading on open
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07:31 EDTAAPLChina refutes report of Apple product procurement ban, Re/code reports
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06:11 EDTYUMOSI withdraws products made in Shanghai in response to food scandal
After dealing with a food scandal, OSI China, parent company of Shanghai Husi Food, announced the withdrawal of products produced in Shanghai. The company said, "Husi is the subject of company and government investigations and it is proceeding smoothly. While there have been no reported illnesses linked to any Shanghai Husi products, recovering this production is an important step in facilitating the investigations and rebuilding the respect and trust of our customers, the government and the people of China. With assistances and guidance provided by Shanghai FDA, we have started the recovery process of products in question in a comprehensive and orderly." Worldwide brands such Yum! Brands (YUM) McDonald's (MCD) and Starbucks (SBUX) were affected by the scandal in China. Reference Link
06:11 EDTERFEnerplus raises 2015 hedges 'significantly'
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06:10 EDTERFEnerplus raises FY14 annual average production to 100K Boepd from 104K Boepd
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06:10 EDTERFEnerplus reports Q2 production of approximately 104K Boepd
Total liquids production grew by 6% quarter over quarter averaging 43,500 barrels per day driven by the significant growth in light oil from North Dakota.
August 7, 2014
16:00 EDTAAPLOptions Update; August 7, 2014
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14:59 EDTABGAsbury Automotive management to meet with Craig-Hallum
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13:23 EDTWLPLeerink healthcare services analyst holds an analyst/industry conference call
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12:29 EDTWLPHealth insurers fall after two downgrades from Goldman
Shares of a number of health insurers are falling after Goldman Sachs downgraded its rating on one stock in the sector and removed another from its Conviction List. WHAT'S NEW: Goldman analyst Matthew Borsch downgraded his rating on Aetna (AET) to Neutral from Buy and removed UnitedHealth (UNH) from the firm's Conviction List, as he believes that other stocks in the healthcare sector are more attractive. Utilization of healthcare services by individuals who don't have the Affordable Care Act is likely to show signs of increasing by 2015, posing a "manageable" challenge to health insurers, Borsch wrote. However, the increase in the utilization of these services is likely to be "relatively gradual" compared with similar trends in the past, the analyst contended. Borsch based his forecast on healthcare spending trends during previous economic recoveries. He reduced his 2015 earnings estimate for Aetna to $7 from $7.10 and for United Health to $5.95 from $6. He reduced his 2015 EPS estimates for other companies in the sector, as his earnings outlook for WellPoint (WLP) declined to $9.20 from $9.35, while his estimate for Cigna (CI) for next year dropped to $7.90 from $8. The analyst kept Neutral ratings on both WellPoint and Cigna. Meanwhile, Borsch cut his price target on Aetna to $88 from $91 and on UnitedHealth to $91 from $96. PRICE ACTION: In early afternoon trading, Aetna fell 3% to $76, UnitedHealth slumped 2.5% to $79.50, WellPoint declined 2.5% to $108, and Cigna retreated 2.5% to $89.
09:36 EDTAAPLActive equity options trading on open
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08:42 EDTIPCMIPC The Hospitalist Co. acquires Connecticut GeriCare
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06:43 EDTAAPLApple poaches YSL's Catherine Monier, 9to5Mac reports
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06:19 EDTAAPLMicrosoft in talks to open Fifth Avenue store, Daily News reports
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