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Stock Market & Financial Investment News

News Breaks
October 25, 2012
10:04 EDTFFIV, BRO, SEIC, VRML, ZNGA, WYNN, BXP, SWKS, LRE, EQIX, HON, CFR, NFX, FTI, AB, AKAMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Akamai (AKAM) upgraded to Buy from Hold at Canaccord... AllianceBernstein (AB) upgraded to Outperform from Market Perform at Keefe Bruyette... Cullen/Frost (CFR) upgraded to Neutral from Underperform at Sterne Agee... Equinix (EQIX) upgraded to Buy from Neutral at Citigroup... FMC Technologies (FTI) upgraded to Hold from Underperform at Jefferies... Honeywell (HON) upgraded to Outperform from Market Perform at Bernstein... LRR Energy (LRE) upgraded to Outperform from Perform at Oppenheimer... Newfield Exploration (NFX) upgraded to Market Perform at Raymond James... SEI (SEIC) upgraded to Outperform from Market Perform at Keefe Bruyette... Skyworks (SWKS) upgraded to Strong Buy from Outperform at Raymond James... Zynga (ZNGA) upgraded to Buy from Hold at Needham... Brown & Brown (BRO) upgraded to Buy from Hold at Stifel Nicolaus... Boston Properties (BXP) upgraded to Buy from Hold at Stifel Nicolaus... Vermillion (VRML) upgraded to Neutral from Sell at Ladenburg... F5 Networks (FFIV) upgraded to Buy from Above Average Caris... Wynn Resorts (WYNN) upgraded to Neutral from Sell at Compass Point.
News For AKAM;AB;CFR;EQIX;FTI;HON;LRE;NFX;SEIC;SWKS;ZNGA;BRO;BXP;VRML;FFIV;WYNN From The Last 14 Days
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May 23, 2013
11:31 EDTSWKSCirrus Logic tumbles after reducing long-term margin outlook
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10:08 EDTCFROn The Fly: Analyst Initiation Summary
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08:19 EDTCFRCullen/Frost initiated with a Buy at Maxim
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08:03 EDTFTIFMC Technologies awarded subsea equipment contract for Shell's Stones field
Stones is an ultra deepwater project located in the Walker Ridge area of the Gulf of Mexico, approximately 200 miles off the Louisiana coast in approximately 9,600 feet of water. FMC Technologies' scope of supply includes eight subsea trees, a subsea manifold, topside and subsea controls and associated equipment.
07:43 EDTAKAMAkamai price target raised to $51 from $46 at Canaccord
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07:28 EDTFTIUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 23 at 9:05 am; not all company presentations may be webcasted. Webcast Link
May 22, 2013
14:02 EDTSEICSEI raises stock repurchase authorization and increases dividend 25%
The Board of Directors of SEI Investments Company declared a regular semi-annual dividend of 20c per share, a 4c, or 25% increase compared to its last regular semi-annual dividend. The cash dividend will be payable to shareholders of record on June 17, with a payment date of June 25. In addition, SEI's Board of Directors also approved an increase in its stock repurchase program by an additional $100M, increasing the available authorization under the program to approximately $139M. Since the beginning of calendar year 2013, the company repurchased approximately 1.8M shares at a cost of approximately $52.2M.
10:06 EDTAKAMAkamai mentioned cautiously at Pacific Crest
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09:25 EDTBROBrown & Brown acquisition positive, says Stephens
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09:11 EDTSEICSEI's goals-based Strategic Portfolios hit GBP 1B AUM
SEI has announced that its flagship U.K. goals-based Strategic Portfolios have hit GBP1B in assets under management following strong client demand for the funds' pioneering investment approach. Launched in February 2010, the SEI Strategic Portfolios are a suite of seven risk-rated, multi-asset funds underpinned by a manager-of-manager investment structure that offers retail investors access to some of the best active institutional fund managers around the world. SEI measures the success of the Portfolios against a wide range of financial goals, taking into account different time horizons and risk profiles, rather than measuring performance against traditional benchmarks.
07:21 EDTAKAMMIT Sloan Alumni Club of Boston to hold a symposium
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May 21, 2013
14:02 EDTBROBrown & Brown and Beecher Carlson Holdings to hold joint conference call
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13:01 EDTBROBrown & Brown agrees to acquire Beecher Carlson Holdings
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11:01 EDTZNGAZynga price target raised to $3.50 from $2.75 at Piper Jaffray
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06:18 EDTHONHoneywell selected by Pilatus Aircraft fir OC-24 cockpit avionics
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May 20, 2013
07:44 EDTLRECredit Suisse to hold a field trip
Reinsurance Field Trip travels throughout Bermuda on May 19-21.
07:22 EDTHONElectrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 20 at 7:30 am; not all company presentations may be webcasted. Webcast Link
06:07 EDTHONHoneywell's HTF7350 engine to power Bombardier Challenger 350
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May 19, 2013
13:00 EDTFTIEnergy Departmant authorizes second proposed facility to export LNG
The Energy Department announced on Friday that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, Freeport, to export domestically produced liquefied natural gas, LNG, to countries that do not have a Free Trade Agreement, FTA, with the United States from the Freeport LNG Terminal on Quintana Island, Texas. Freeport previously received approval to export LNG from this facility to FTA countries on February 10, 2011. Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export at a rate of up to 1.4 billion cubic feet of natural gas a day, Bcf/d, for a period of 20 years. The Department granted the first authorization to export LNG to non-FTA countries in May 2011 for the Sabine Pass LNG Terminal in Cameron Parish, Louisiana at a rate of up to 2.2 Bcf/d. Reference Link
May 17, 2013
06:32 EDTABThe NYSSA to host a conference
2013 FMA Applied Finance Conference is being held in New York on May 17.
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