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Stock Market & Financial Investment News

News Breaks
January 18, 2013
10:04 EDTV, COF, ALTE, NTCT, EL, N, CSX, ODFL, WABC, MGM, BLL, XXIA, KOGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Alterra Capital (ALTE) downgraded to Neutral from Buy at Sterne Agee... Ball Corp. (BLL) downgraded to Hold from Buy at Jefferies... CSX (CSX) downgraded to Neutral from Outperform at Credit Suisse... Capital One (COF) downgraded to Neutral from Buy at Janney Capital... MGM Resorts (MGM) downgraded to Market Perform from Outperform at Wells Fargo... NetSuite (N) downgraded to Neutral from Conviction Buy at Goldman... Visa (V) downgraded to Neutral from Outperform at RW Baird... Westamerica (WABC) downgraded to Underperform from Market Perform at BMO Capital... Estee Lauder (EL) downgraded to Outperform from Buy at CLSA... Kodiak Oil & Gas (KOG) downgraded to Neutral from Outperform at Credit Suisse... Old Dominion (ODFL) downgraded to Hold from Buy at Stifel Nicolaus... NetScout (NTCT) downgraded to Hold from Buy at Noble Financial... Ixia (XXIA) downgraded to Neutral from Buy at Lazard Capital.
News For ALTE;BLL;CSX;COF;MGM;N;V;WABC;EL;KOG;ODFL;NTCT;XXIA From The Last 14 Days
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May 24, 2013
10:04 EDTKOGOn The Fly: Analyst Initiation Summary
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05:48 EDTKOGKodiak Oil & Gas initiated with a Hold at Deutsche Bank
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May 23, 2013
14:45 EDTVRetailers file new suit against card companies over swipe fees, Bloomberg says
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11:59 EDTVRetailers file suit against Visa, MasterCard over credit cards, Bloomberg says
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11:56 EDTVVisa names Ryan McInerney president
Visa (V) announced the appointment of Ryan McInerney as president of Visa. In this role, McInerney will be responsible for Visa's global client organization, product management as well as a new solutions group, which will focus on building and bringing to market new products and services to Visa's issuer, acquirer and merchant clients. Mr. McInerney will report to Charlie Scharf, CEO of Visa . McInerney joins Visa from JP Morgan Chase (JPM) where he was the CEO of Consumer Banking.
10:08 EDTWABCOn The Fly: Analyst Initiation Summary
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08:20 EDTWABCWestamerica initiated with a Hold at Maxim
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May 21, 2013
14:50 EDTVWal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link
07:23 EDTCSXWolfe Trahan to host a conference
6th Annual Global Transportation Conference is being held in New York and will begin with dinner meetings on May 21 at 5:30 pm, followed by company presentations on May 22-23.
May 20, 2013
07:40 EDTODFLStephens to host a plane trip
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May 16, 2013
09:23 EDTMGMMGM Resorts volatility at low end of six-year range, shares near 55-month high
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May 15, 2013
17:46 EDTVSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
17:03 EDTCOFSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
13:34 EDTNDescartes signs SuiteCloud developer network agreement with NetSuite
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07:33 EDTCSXNational Association of Business Economics to hos a conference
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06:08 EDTCOFCapital One reports April U.S. charge-off rate 4.61% vs. 4.69% last month
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May 14, 2013
13:01 EDTNNetSuite, Autodesk announce software alliance
NetSuite (N) and Autodesk (ADSK) announced a strategic alliance to offer manufacturing companies integration of Autodesk PLM 360 and NetSuite ERP.
09:17 EDTVVisa prepared to enter China, China Daily reports
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08:58 EDTMGMMGM Resorts and China State Construction announce cooperating agreement
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07:17 EDTODFLBofA/Merrill to host a conference
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