News Breaks |
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| July 20, 2012 |
| 10:18 EDT |  | WAG, STLD, AKZOY, SNDK, NOK, KEY, EBAY, HES | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AkzoNobel (AKZOY) upgraded to Neutral from Underperform at Credit Suisse... Hess Corp. (HES) upgraded to Buy from Neutral at Citigroup... Nokia (NOK) upgraded to Hold from Sell at Societe Generale... Steel Dynamics (STLD) upgraded to Overweight from Equal Weight at Morgan Stanley... eBay (EBAY) upgraded to Overweight from Neutral at JPMorgan... SanDisk (SNDK) upgraded to Above Average from Average at Caris... Walgreen (WAG) upgraded to Equal Weight from Underweight at Barclays... KeyCorp (KEY) upgraded to Under Valued from Fairly Valued at Rochdale. |
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News For AKZOY;HES;NOK;STLD;EBAY;SNDK;WAG;KEY From The Last 14 Days Check below for free stories on AKZOY;HES;NOK;STLD;EBAY;SNDK;WAG;KEY the last two weeks. |
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| May 24, 2013 |
| 09:35 EDT |  | STLD | Steel price increase unlikely to stick, says Credit Suisse
After steel companies AK Steel (AKS), US Steel (X) and ArcelorMittal (MT) announced price increases, Credit Suisse thinks the full price hike is unlikely to stick. The firm believes that the sector's fundamentals suggest that steel stocks are likely to remain range bound this summer. However, the firm predicts that stronger demand trends are likely to drive steel stocks higher in the early fall. |
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| 06:59 EDT |  | NOK | Nokia takes new actions in HTC patent dispute, AllThingsD says
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| 06:00 EDT |  | HES | Hess Corp. implied volatility at lower end of index mean range
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| May 23, 2013 |
| 10:17 EDT |  | NOK | Nokia Siemens Networks, Intel sign collaboration MoU
Nokia Siemens Networks (NOK, SI) and Intel (INTC) announced they signed a Memorandum of Understanding to collaborate around the development of Liquid Applications, an approach to accelerate the delivery of media-rich services and content directly from the base station. The intent of the collaboration is to accelerate development of an enhanced mobile broadband experience that gives operators new revenue and differentiation opportunities. Nokia Siemens Networks and Intel will collaborate in the creation of a mobile edge computing ecosystem, focusing on over-the-top content providers, independent software vendors and application service providers. The parties will also explore new business models between mobile operators and other ecosystem players, they said. |
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| 07:51 EDT | | KEY | KeyCorp names Donald Kimble CFO effective June 3
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| 07:13 EDT | | EBAY | Amazon.com eBay to see little impact from sales tax reform, says Bernstein
After the Senate passed a bill that would force all online retailers to collect sales tax, Bernstein thinks the impact of such a law on Amazon's (AMZN) gross profits would be "immaterial," while the bill would reduce eBay's (EBAY) EPS by less than 1% in 2014 if it becomes law. The firm keeps Outperform ratings on both stocks. |
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| May 22, 2013 |
| 06:01 EDT | | HES | Hess Corp. implied volatility at lower end of index mean range
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| May 21, 2013 |
| 14:25 EDT | | EBAY | RadioShack to introduce PayPal in all stores this month, Reuters says
RadioShack (RSH) will introduce PayPal, the online payment system owned by eBay (EBAY), in all of its retail stores starting this month, reports Reuters. Reference Link |
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| May 20, 2013 |
| 15:52 EDT |  | WAG | Walgreen downgraded to Market Perform from Outperform at Barrington
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| 11:58 EDT | | SNDK | SanDisk, Attunity outlook bullish, Globes columnist writes
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| 10:11 EDT | | SNDK | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel. |
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| 07:41 EDT | | SNDK | SanDisk downgraded to Neutral from Buy at Nomura
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| 07:32 EDT |  | NOK | Society for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24. |
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| May 17, 2013 |
| 12:33 EDT | | WAG | AmerisourceBergen receives approval of Walgreens, Alliance Boots investment
AmerisourceBergen (ABC) announced that the parties have received regulatory approval of the previously disclosed agreement for Walgreen (WAG) and Alliance Boots GmbH to purchase an equity stake in the company. AmerisourceBergen continues to expect the new agreements to contribute an incremental $25B in revenues and approximately 20c in earnings per share in FY14, excluding the amortization of certain expenses related to the transaction and the warrants issued, certain non-recurring costs and a potential LIFO charge, and net of certain start up expenses. In addition, the company reiterated its expectations for financial performance for fiscal year 2013, which includes expected revenue growth in the 11%-13% range, and diluted earnings per share from continuing operations in the lower half of the range of $3.04 to $3.14, excluding certain expenses related to the relationship with Walgreens and Alliance Boots and the warrants issued, and the expected LIFO charge from onboarding of additional branded inventory. |
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| 11:59 EDT | | HES | Options with decreasing implied volatility: ILMN LO A HES INFY CSCO
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| May 16, 2013 |
| 13:36 EDT | | HES | Hess Corp. names three Elliott nominees to board
Hess Corporation announced voting results from its annual meeting of stockholders. Pursuant to the agreement between the company and Elliott Management, Elliott withdrew prior to the annual meeting all five of its nominees, and agreed to support the election of the Hess slate of five nominees. The board of directors also appointed three Elliott nominees to the board: Rodney Chase, Harvey Golub, and David McManus. |
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| 10:58 EDT | | HES | Hess Corp. mentioned positively at Deutsche Bank
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| 10:03 EDT |  | EBAY | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen. |
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| 09:19 EDT | | HES | On The Fly: Pre-market Movers
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| 08:42 EDT | | KEY | KeyCorp gets no objection to using victory proceeds for buybacks
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