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Stock Market & Financial Investment News

News Breaks
November 20, 2012
10:00 EDTPNR, EXPE, AKS, IHG, SIVB, PENN, ADM, GMCR, ZIP, RIMM, JOY, AXL, MRK, WFMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded to Neutral from Sell at Goldman... American Axle (AXL) upgraded to Hold from Underperform at Jefferies... Archer Daniels (ADM) upgraded to Outperform from Market Perform at BMO Capital... Expedia (EXPE) upgraded to Equal Weight from Underweight at Barclays... Joy Global (JOY) upgraded to Market Perform from Underperform at BMO Capital... Penn National (PENN) upgraded to Neutral from Sell at Goldman... Pentair (PNR) upgraded to Outperform from Neutral at RW Baird... Research in Motion (RIMM) upgraded to Hold from Underperform at Jefferies... SVB Financial (SIVB) upgraded to Buy from Neutral at Citigroup... Whole Foods (WFM) upgraded to Buy from Neutral at Goldman... Zipcar (ZIP) upgraded to Buy from Neutral at Goldman... Intercontinental Hotels (IHG) upgraded to Overweight from Equal Weight at Barclays... Merck (MRK) upgraded to Buy from Neutral at MKM Partners... Green Mountain (GMCR) upgraded to Buy from Neutral at SunTrust.
News For AKS;AXL;ADM;EXPE;JOY;PENN;PNR;RIMM;SIVB;WFM;ZIP;IHG;MRK;GMCR From The Last 14 Days
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May 20, 2013
17:49 EDTMRKMerck sleep drug effective, dosages questioned, WSJ reports
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15:21 EDTSIVBSVB Financial management to meet with SunTrust
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13:01 EDTEXPEPriceline.com rises after analyst ups rating to Buy
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09:34 EDTWFM, WFMWhole Foods mentioned cautiously.com at OTR Global
07:34 EDTEXPEExpedia U.S. trends softened in April, says Lazard Capital
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07:32 EDTMRKSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
07:25 EDTPENNWells Faro to host a conference
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05:51 EDTEXPEpriceline.com upgraded to Buy from Hold at Deutsche Bank
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May 16, 2013
13:42 EDTGMCRGreen Mountain price target raised to $92 from $63 at Argus
Argus raised Green Mountain's price target citing the strong Q2 report.
08:55 EDTMRKBofA/Merrill's pharmaceuticals analysts hold analyst/industry conference call
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May 15, 2013
16:55 EDTADMBerkshire Hathaway gives quarterly update on stakes
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14:57 EDTADMArcher Daniels says added $200M cost savings expected by end 2014
Operational improvements are expected to enable Archer Daniels Midland to realize $200M in additional cost savings by the end of 2014, and to free up an additional $1B in cash by the end of 2013, the company said in advance of its presentation at the BMO Capital Markets 2013 Farm to Market Conference. The additional $200M is expected to come from reducing energy and water use; implementing a companywide maintenance-management system; standardizing processes, procedures and inventory controls; and leveraging the company’s scale in the area of procurement. The additional $1B in working cash improvements would bring the total the company has unlocked since mid-2012 to $2B, through better inventory-management; monetization of underutilized assets as part of an ongoing portfolio management effort; extracting cash from various joint ventures; and improved processes for managing payables and receivables.
11:13 EDTGMCROptions with decreasing implied volatility: MM GMCR GRPN THRX SGMO
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10:59 EDTPNRPentair participates in a conference call hosted by Bernstein
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07:31 EDTADMBMO Capital to host a conference
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07:09 EDTEXPEExpedia momentum strong in international markets, says Cantor
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May 14, 2013
17:39 EDTMRKMoody's lowers Merck's guaranteed debt to A1 from Aa3; stable outlook
Moody's Investors Service lowered the long-term ratings of Merck by one notch, including the guaranteed senior unsecured rating to A1 from Aa3 and the non-guaranteed senior unsecured rating to A2 from A1. This action concludes a review for downgrade initiated on May 1, 2013. At the same time, Moody's affirmed Merck's Prime-1 commercial paper rating. The rating outlook is stable.
11:44 EDTGMCROptions with decreasing implied volatility: GRPN MAKO GMCR EZCH SGMO
May 10, 2013
17:07 EDTADMArcher Daniels files automatic mixed securities shelf
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14:52 EDTGMCRMarket poised to end week higher as tech helps lead advance
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