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Stock Market & Financial Investment News

News Breaks
October 14, 2013
10:03 EDTLINTA, GLUU, MT, DNKN, THOR, DAKT, NUVA, IRM, CTCM, BPL, ZLTQ, BRS, XPO, MTSN, HSC, BVN, ALU, AMD, H, JOSB, TSSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alcatel-Lucent (ALU) upgraded to Overweight from Equal Weight at Barclays... ArcelorMittal (MT) upgraded to Outperform from Neutral at Macquarie... Buckeye Partners (BPL) upgraded to Buy from Hold at Deutsche Bank... Buenaventura (BVN) upgraded to Overweight from Neutral at JPMorgan... CTC Media (CTCM) upgraded to Buy from Hold at Deutsche Bank... Glu Mobile (GLUU) upgraded to Buy from Neutral at B. Riley... Harsco (HSC) upgraded to Buy from Hold at BB&T... Iron Mountain (IRM) upgraded to Outperform from Neutral at RW Baird... Liberty Interactive (LINTA) upgraded to Outperform from Market Perform at Wells Fargo... Mattson Technology (MTSN) upgraded to Buy from Neutral at B. Riley... Nokia (NOK) upgraded to Equal Weight from Underweight at Barclays... NuVasive (NUVA) upgraded to Market Perform from Underperform at BMO Capital... TSYS (TSS) upgraded to Outperform from Market Perform at JMP Securities... XPO Logistics (XPO) upgraded to Outperform from Market Perform at FBR Capital... Daktronics (DAKT) upgraded to Buy from Neutral at Sidoti... JoS. A. Bank (JOSB) upgraded to Overweight from Equal Weight at Johnson Rice... Bristow Group (BRS) upgraded to Buy from Speculative Buy at Global Hunter... Hyatt Hotels (H) upgraded to Buy from Neutral at ISI Group... Thoratec (THOR) upgraded to Buy from Neutral at Goldman... ZELTIQ Aesthetics (ZLTQ) upgraded to Buy from Neutral at Goldman... Dunkin' Brands (DNKN) upgraded to Buy from Hold at Miller Tabak... AMD (AMD) upgraded to Outperform from Neutral at Wedbush.
News For ALU;BPL;MT;BVN;CTCM;GLUU;HSC;IRM;LINTA;MTSN;NUVA;TSS;XPO;DAKT;JOSB;BRS;THOR;H;ZLTQ;DNKN;AMD From The Last 14 Days
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August 25, 2015
07:02 EDTNUVANuVasive exploring locations to build medical device facility
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06:44 EDTMTArcelorMittal finds success in Northern France plant, WSJ reports
ArcelorMittal (MT) has found improbable success investing heavily in Europe, particularly in rust belt Northern France, the Wall Street Journal reports. The company's most profitable business unit is located in Northern France, and the European Union is still the globe's most prestigious automotive market, where companies such as Audi (AUDVF) and BMW (BAMXY) make nearly a trillion dollars worth of cars a year, the report says, meaning higher demand for locally produced steel. Reference Link
August 24, 2015
16:48 EDTBRSBristow Group files automatic mixed securities shelf
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09:45 EDTTHOROn The Fly: Analyst Downgrade Summary
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08:39 EDTBPLBuckeye Partners announces execution of services agreements for MI/OH pipeline
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08:29 EDTNUVA, THOR, ZLTQWilliam Blair to hold a field trip
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06:39 EDTTHORThoratec downgraded to Market Perform from Outperform at Raymond James
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06:22 EDTAMDTSMC pursuing 16nm chip orders, DigiTimes reports
According to market sources, DigiTimes reports that TSMC (TSM) has been "actively" seeking 16nm FinFET chip orders. In addition to securing a portion of Apple's (AAPL) A9 chip orders, TSMC has also received orders from AMD (AMD), Broadcom (BRCM), LG, Nvidia (NVDA) and Avago (AVGO), the sources say, noting that TSMC failed to maintain orders for Qualcomm's (QCOM) flagship mobile chips, as it has placed orders for the Snapdragon 820 series with Samsung (SSNLF). Reference Link
06:19 EDTTHORThoratec downgraded to Market Perform from Outperform at Leerink
Leerink downgraded Thoratec (THOR) to Hold from Buy ahead of the closing of its merger transaction with St. Jude Medical (STJ), which is expected to close by year-end.
August 21, 2015
10:02 EDTXPOHigh option volume stocks
High option volume stocks: XEO VAR AMCC XPO ROST INTU TFM BTE DXD
08:50 EDTTHORThoratec announces end of 'go shop' period in merger agreement with St. Jude
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August 20, 2015
14:39 EDTALUEarnings Watch: Hewlett-Packard reports ahead of company split
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10:00 EDTAMDAMD management to meet with Canaccord
Meeting to be held in Toronto on August 26 hosted by Canaccord.
August 19, 2015
06:12 EDTDNKNStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.
August 18, 2015
07:58 EDTXPOXPO Logistics has reached 'compelling entry point,' says Oppenheimer
After XPO reported slightly better than expected results and provided EBITDA guidance that Oppenheimer views as " appropriately ambitious/yet achievable," Oppenheimer notes that the stock sold off following the results. The firm says that the company does not have major problems with its operation, execution or outlook. Oppenheimer reiterates a $56 price target and Outperform rating.
07:04 EDTNUVANuVasive appoints Johnson Lai as Chief Information Officer
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August 17, 2015
15:02 EDTTSSTotal System names Patricia Watson Chief Information Officer
TSYS announced that Patricia Watson has been named senior executive VP and Chief Information Officer effective September 14. She succeeds Ken Tye.
08:26 EDTLINTALiberty Interactive to acquire zulily for $2.4B
08:01 EDTBRSBristow Group appoints Don Miller as CFO effective immdiately
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06:50 EDTHSCHarsco upgraded to Overweight from Sector Weight at KeyBanc
Following management meetings, KeyBanc has increased confidence in Harsco's internal levers and upgraded shares to Overweight. The firm sees a compelling buying opportunity for deep value investors given operational improvements from Project Orion, near-term catalyst from debt refinancing, and management's focus on portfolio optimization. KeyBanc has a $18.50 price target on shares.
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