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Stock Market & Financial Investment News

News Breaks
February 13, 2013
15:16 EDTAMAT, TRIP, PXD, NVDA, NTAP, MDLZ, MET, CSCO, CTL, WFMCompanies reporting After the Market Close on Wednesday, February 13
Notable companies reporting after the bell include Applied Materials (AMAT), CenturyLink (CTL), Cisco (CSCO), MetLife (MET), Mondelez (MDLZ), NetApp (NTAP), NVIDIA (NVDA), Pioneer Natural (PXD), TripAdvisor (TRIP) and Whole Foods (WFM).
News For AMAT;CTL;CSCO;MET;MDLZ;NTAP;NVDA;PXD;TRIP;WFM From The Last 14 Days
Check below for free stories on AMAT;CTL;CSCO;MET;MDLZ;NTAP;NVDA;PXD;TRIP;WFM the last two weeks.
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July 14, 2014
06:27 EDTMDLZLindt & Sprüngli acquires Russell Stover Candies
The Lindt & Sprüngli Group is acquiring the traditional U.S. family business Russell Stover Candies, headquartered in Kansas City, Missouri. Lindt & Sprüngli is financing the acquisition through net cash resources and bank loans and expects the transaction to make a strong positive contribution to the earnings per share from 2015 onwards. It has been agreed not to disclose the purchase price and other contractual details. Other companies that are in the confectionary industry in North America include Hershey (HYS) Rocky Mountain Chocolate (RMCF) and Mondelez (MDLZ). Reference Link
05:57 EDTTRIPTripAdvisor downgraded to Neutral from Buy at Nomura
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July 13, 2014
15:54 EDTWFMGameStop, TJX, Staples, three other retailers look cheap, Barron's says
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July 11, 2014
15:00 EDTCTLChance of Rackspace strategic buyer lower if CenturyLink out, says Wells Fargo
After BrightWire said that CenturyLink's (CTL) interest in Raxspace (RAX) had faded, Wells Fargo cautioned that it is difficult to judge the validity of sources in "articles such as this." However, Wells added that if CenturyLink is actually out, that the possibility of Raxspace finding a strategic buyer could be "meaningfully" lower. The firm keeps it Outperform rating on Raxspace, citing its fundamentals.
14:58 EDTMDLZMondelez divestiture unlikely, says JPMorgan
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14:08 EDTCTLRackspace drawing 'tepid' interest from potential buyers, BrightWire says
Rackspace (RAX) is receiving a "tepid" response from potential buyers, according to BrightWire, citing three sources familiar with the matter. One industry source said CenturyLink (CTL) made an initial overture, but a banking source said the interest was only casual and soon faded, according to the report. Reference Link
13:22 EDTMDLZMondelez separating EU cheese biz as possible precursor to sale, Bloomberg says
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11:45 EDTWFMStocks with call strike movement; YHOO WFM
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08:04 EDTNVDANVIDIA management to meet with UBS
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06:10 EDTTRIPJPMorgan expects solid Q2 results in Internet space
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July 10, 2014
18:02 EDTCTLWells sees 'shrinking list' of strategic buyers for Rackspace
Wells Fargo sees a "shrinking list" of potential buyers for Rackspace (RAX), with only remaining HP (HPQ) and CenturyLink (CTL) remaining in its opinion. Wells believes Rackspace going private through a leveraged buyout is a possibility, but it thinks such an outcome is a lower probability given the required return assumptions and implied exit multiple. The firm believes the market has correctly assumed a high probability that Rackspace will not undergo a strategic event. However, Wells thinks the potential for a value creating event limits downside in the name. It keeps an Outperform rating on the stock.
09:02 EDTCTLCenturyLink wins 10-year NH colocation contract
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08:53 EDTWFMWhole Foods 2H comps guidance may be too high, says Cantor
Cantor remains concerned about the effects of competitive pricing pressure on Whole Foods. The firm thinks the company could face execution challenges going forward, and it believes that the company's multiple remains too high, given its challenges. The firm cut its price target on the shares to $34 from $38 and keeps a Sell rating on the stock.
08:51 EDTTRIPTripAdvisor volatility increases into Q2 and revenue outlook
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07:57 EDTNVDANVIDIA management to meet with UBS
Meetings to be held in Delaware/Berwyn/Baltimore on July 10 hosted by UBS.
July 9, 2014
10:02 EDTNTAPOn The Fly: Analyst Initiation Summary
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07:22 EDTNVDANVIDIA management to meet with UBS
Meeting to be held in Boston on July 9 hosted by UBS.
07:14 EDTCSCOTech Data announces U.S. distribution agreement with Cisco
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06:08 EDTNTAPNetApp initiated with a Buy at DA Davidson
Target $45.
06:06 EDTWFMWhole Foods implied volatility of 41 at upper end of index mean range
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