New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 16, 2014
10:10 EDTWMB, WPZ, SXE, SSRI, PGR, NMBL, MOFG, MU, MDT, LECO, EXH, EVHC, DLR, DISH, CNP, CAB, AKSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AK Steel (AKS) upgraded at BofA/Merrill... Cabela's (CAB) upgraded to Buy from Hold at Feltl... CenterPoint Energy (CNP) upgraded to Outperform from Market Perform at BMO Capital... DISH (DISH) upgraded to Overweight from Neutral at JPMorgan... Digital Realty (DLR) upgraded to Buy from Hold at Jefferies... Envision Healthcare (EVHC) upgraded to Conviction Buy from Neutral at Goldman... Exterran (EXH) upgraded to Outperform from Sector Perform at Howard Weil... Lincoln Electric (LECO) upgraded to Buy from Hold at BB&T... Medtronic (MDT) upgraded to Overweight from Neutral at JPMorgan... Micron (MU) upgraded to Outperform from Neutral at RW Baird... MidWestOne (MOFG) upgraded at Raymond James... Nimble Storage (NMBL) upgraded to Outperform from Neutral at Macquarie... Progressive (PGR) upgraded to Hold from Sell at Deutsche Bank... Silver Standard (SSRI) upgraded to Hold from Sell at Deutsche Bank... Southcross Energy Partners (SXE) upgraded to Neutral from Sell at Goldman... Williams Partners (WPZ) upgraded to Buy from Hold at Tudor Pickering... Williams (WMB) upgraded to Buy from Hold at Jefferies.
News For AKS;CAB;CNP;DISH;DLR;EVHC;EXH;LECO;MDT;MU;MOFG;NMBL;PGR;SSRI;SXE;WPZ;WMB From The Last 14 Days
Check below for free stories on AKS;CAB;CNP;DISH;DLR;EVHC;EXH;LECO;MDT;MU;MOFG;NMBL;PGR;SSRI;SXE;WPZ;WMB the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
August 25, 2014
11:55 EDTAKSU.S. Steel gains after Credit Suisse upgrades on pricing outlook
Shares of U.S. Steel (X) are climbing after Credit Suisse upgraded the stock by two notches, saying that the company should benefit from an improved pricing environment and raw material cost advantages. WHAT'S NEW: An increase in U.S. demand for steel, along with tariffs that have been imposed on foreign steel producers and the possibility that additional tariffs will be imposed, are keeping U.S. steel prices far higher than previously anticipated, Credit Suisse analyst Nathan Littlewood wrote in a note to investors earlier today. Additionally, production at a number of American steel mills has been curtailed, the analyst stated. Moreover, U.S. Steel can obtain raw materials relatively cheaply, enabling it to produce some of the lowest cost steel in North America, Littlewood stated. U.S. Steel should become one of the most profitable steel makers in the world, according to Littlewood, who upgraded his rating on the shares to Outperform from Underperform and hiked his price target on the stock to $50 from $25. WHAT'S NOTABLE: Littlewood downgraded his rating on another name in the sector, Steel Dynamics (STLD), to Neutral from Outperform. Although the company has a high quality business, the recent outperformance by the stock caused the analyst to downgrade the name. Littlewood kept a $23 price target on the shares. On Friday, UBS wrote that the threat of new tariffs on imported steel could prevent U.S. steel prices from dropping significantly. The filing of requests for additional tariffs on foreign steel, or even the threat of such filings, could keep steel prices from declining in the short-term, the firm predicted. UBS upgraded AK Steel (AKS) to Neutral from Sell, while raising its price target on Nucor (NUE) to $11 from $6 and keeping a Buy rating on that stock. The firm raised its price target on U.S. Steel to $38 from $28 but kept a Neutral rating on the shares. PRICE ACTION: In late morning trading, U.S. Steel advanced 2.6% to $38.81, Steel Dynamics lost 0.3% to $23.24, AK Steel gained 2% to $10.89, and Nucor climbed 1% to $54.23.
11:06 EDTDISHDISH evaluating bid for T-Mobile, says dealReporter citing sources
Subscribe for More Information
10:03 EDTMDTMedtronic announces FDA approval of Viva CRT-P for heart failure or AV block
Subscribe for More Information
07:59 EDTEVHCSome healthcare providers offer compelling opportunities, says Jefferies
Jefferies believes that the following healthcare providers reported good Q2 results which have not been adequately reflected by their stocks: Acadia Healthcare (ACHC), Almost Family (AFAM), Brookdale Senior Living (BKD), Catamaran (CTRX), Community Health (CYH), Envision Healthcare (EVHC), and HCA Holdings (HCA). The firm expects the sector as a whole to continue to improve in 2H14 amid continued tailwinds from healthcare reform.
August 22, 2014
10:42 EDTAKSAnalyst says tariff threat could protect steelmakers
Subscribe for More Information
10:01 EDTAKSOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:23 EDTNMBLNimble Storage to report a strong quarter, says Macquarie
Subscribe for More Information
07:06 EDTDISHDISH CFO Robert Olson to retire on October 15
Subscribe for More Information
07:01 EDTAKSSteel price outlook raised at UBS
Subscribe for More Information
06:43 EDTAKSAK Steel upgraded to Neutral from Sell at UBS
Subscribe for More Information
06:26 EDTAKSAK Steel upgraded to Neutral from Sell at UBS
Subscribe for More Information
05:28 EDTDISHSoftbank capital raise could be used for acquisitions, Bloomberg says
Subscribe for More Information
August 21, 2014
16:16 EDTWMBWilliams confirms 32% Q3 dividend raise, dividend-growth guidance
Subscribe for More Information
10:17 EDTMUStocks with call strike movement; MU HTZ
Subscribe for More Information
06:46 EDTNMBLNimble Storage expected to report beat and raise quarter at Piper Jaffray
Piper Jaffray expects Nimble Storage to report its third consecutive beat and raise quarter when reporting Q2 results on August 26. The firm believes demand has remained strong and reiterates an Overweight rating on the stock with a $47 price target.
06:12 EDTMUDRAM prices making downward correction with oversupply concerns, DigiTimes says
Subscribe for More Information
August 20, 2014
10:04 EDTCNPOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:47 EDTMDTMedtronic valuation attractive, says Morgan Stanley
Morgan Stanley said Medtronic's (MDT) valuation is attractive given pipeline execution, margin growth and shareholder returns, and expectations for the Covidien (COV) deal to go through. Shares are Overweight rated
07:23 EDTCNPCenterPoint Energy upgraded to Buy from Hold at Argus
Argus upgraded CenterPoint Energy to Buy based on an expanding infrastructure improvement program, new master limited partnership, better visibility, and a solid base of regulated assets. Price target is $29.
07:18 EDTMDTMedtronic shares have upside with or without deal, says Deutsche Bank
Deutsche Bank sees limited downside risk and significant upside potential for shares of Medtronic (MDT), with or without the pending Covidien (COV) acquisition. Deutsche says the Q1 results show improving trends and it keeps a Buy rating on Medtronic with an $85 price target.
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use