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Stock Market & Financial Investment News

News Breaks
April 2, 2014
10:00 EDTTXT, AMCC, SWX, SFUN, STR, NI, NFG, NYLD, NRG, MINI, MVG, GM, F, EJ, ALKSOn The Fly: Analyst Initiation Summary
Alkermes (ALKS) initiated with an Outperform at Credit Suisse... E-House (EJ) initiated with a Buy at Brean Capital... Ford (F) initiated with a Neutral at Nomura... General Motors (GM) initiated with a Reduce at Nomura... MAG Silver (MVG) initiated with an Outperform at Scotia Capital... Mobile Mini (MINI) initiated with a Neutral at SunTrust... NRG Energy (NRG) reinstated with an Overweight at Barclays... NRG Yield (NYLD) reinstated with an Equalweight at Barclays... National Fuel (NFG) initiated with a Buy at Jefferies... NiSource (NI) initiated with a Hold at Jefferies... Questar (STR) initiated with a Hold at Jefferies... SouFun (SFUN) initiated with a Buy at Brean Capital Southwest Gas (SWX) initiated with a Hold at Jefferies... Applied Micro Circuits (AMCC) initiated with an Overweight at Evercore... Textron (TXT) resumed with an Overweight at JPMorgan.
News For ALKS;EJ;F;GM;MVG;MINI;NRG;NYLD;NFG;NI;STR;SFUN;SWX;AMCC;TXT From The Last 14 Days
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July 11, 2014
10:35 EDTGMCadillac confirms Johan de Nysschen as president
General Motors (GM) announced the appointment of Johan de Nysschen as President Cadillac. de Nysschen will be responsible for all aspects of Cadillac globally including sales, pricing and network development, strategic brand development and marketing and product portfolio planning, including critical input for product engineering and design. de Nysschen joins the GM executive leadership team as an executive vice president of the company beginning September 1 and reports to GM President Dan Ammann. de Nysschen spent the last two years as head of the Infiniti (NSANY) brand worldwide.
10:00 EDTSFUNOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Altria Group (MO) initiated with an Outperform at Cowen... Berkshire Hills Bancorp (BHLB) initiated with a Hold at Jefferies... CGI Group (GIB) initiated with an Outperform at Credit Suisse... Halozyme (HALO) initiated with an Overweight at JPMorgan... Lorillard (LO) initiated with an Underperform at Cowen... MacroGenics (MGNX) initiated with an Outperform at Oppenheimer... Philip Morris (PM) initiated with a Market Perform at Cowen... Prothena (PRTA) initiated with an Outperform at Oppenheimer... Reynolds American (RAI) initiated with a Market Perform at Cowen... Seventy Seven Energy (SSE) initiated with a Buy at Wunderlich... SouFun (SFUN) initiated with a Neutral at Macquarie... Sprouts Farmers Markets (SFM) initiated with a Neutral at Longbow... Sterling Bancorp (STL) initiated with a Buy at Jefferies... Xencor (XNCR) initiated with an Outperform at Oppenheimer... YPF (YPF) initiated with a Neutral at JPMorgan... iGATE (IGTE) initiated with an Outperform at William Blair.
09:11 EDTGMFormer head of Infiniti taking over Cadillac, CNBC reports
Johan de Nysschen, the former head of Infiniti and Audi USA, will be taking over General Motors' Cadillac division, CNBC's Phil LeBeau reports via Twitter.
08:50 EDTFNHTSA probes 500K Ford vehicles for steering issue, Detroit News says
The National Highway Traffic Safety Administration opened a preliminary probe into 500K older Ford vehicles for steering issues, according to the Detroit News, citing comments from the NHTSA. Ford spokeswoman Kelli Felker said the car manufacturer will cooperate with the NHTSA. Reference Link
08:49 EDTSFUNSouFun initiated with a Neutral at Macquarie
Target $10.
07:38 EDTALKSHouse Energy & Commerce Committee to hold a hearing
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July 10, 2014
09:56 EDTFFord, Fiat Chrysler inquire about EU changes, FT says
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09:50 EDTFFord 'committed' to South Africa, minimizes worries over strikes, Reuters says
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09:13 EDTSFUNSouFun signs cooperation agreements with large Chinese home agency companies
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06:24 EDTGMGeneral Motors to replace faulty ignition switch kits, Detroit News says
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06:06 EDTGMGM recalling Saab convertibles due to safety defect, Detroit News reports
Around 28,790 Saab convertibles from the 2004-2011 model years are being recalled by General Motors, as the driver's seat belt retractor can break, the Detroit News reports. Reference Link
July 9, 2014
09:47 EDTF, GMNew car sales in India rose 15% in June, WSJ reports
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09:43 EDTGMGeneral Motors, Manchester United debut sponsored shirt for 2014-15 season
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09:21 EDTGMDelphi CEO to testify about GM ignition switches, Automotive News says
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09:16 EDTTXTTextron July volatility elevated into Q2 and outlook
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08:00 EDTNRGNRG Home Solar to expand U.S. operations to Connecticut
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07:52 EDTGMJapan leading drive for fuel cell vehicles, FT says
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07:04 EDTALKSAlkermes announces notice of allowance for four pipeline candidates
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06:28 EDTGMGM Korea employees approve strike amid stalled wage discussions, Reuters says
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06:17 EDTGMGM CEO, general counsel to testify before Senate subcommittee, WSJ reports
Mary Barry, the CEO of General Motors (GM), and the company's general counsel, Mike Millikin, have been called to testify next week before a Senate subcommittee looking at why it took the automaker almost 11 years to recall older cars equipped with a faulty ignition switch, the Wall Street Journal reports. Delphi Automotive (DLPH) CEO Rodney O'Neal and Kenneth Feinberg have also been called as witnesses. Reference Link
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