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Stock Market & Financial Investment News

News Breaks
October 23, 2012
10:00 EDTJBT, TXN, WDC, PH, VTR, BTU, STI, NTAP, OHI, MNST, MSTR, EIX, ACMP, AMCXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AMC Networks (AMCX) downgraded to Neutral from Overweight at JPMorgan... Access Midstream Partners (ACMP) downgraded to Neutral from Buy at UBS... Edison International (EIX) downgraded to Neutral from Buy at Goldman... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at BMO Capital... Monster Beverage (MNST) downgraded to Buy from Conviction Buy at Goldman... NetApp (NTAP) downgraded to Neutral from Outperform at RW Baird... Omega Healthcare (OHI) downgraded to Hold from Buy at Jefferies... Peabody Energy (BTU) downgraded to Neutral from Buy at Goldman... Pinnacle West (PNW) downgraded to Sell from Neutral at Goldman... SunTrust (STI) downgraded to Neutral from Positive at Susquehanna... Ventas (VTR) downgraded to Hold from Buy at Jefferies... Northwest Bancshares (NWBI) downgraded to Neutral from Buy at Sterne Agee... Parker-Hannifin (PH) downgraded to Buy from Hold at Argus... Western Digital (WDC) downgraded to Underperform from Outperform at CLSA... Texas Instruments (TXN) downgraded to Neutral from Buy at Gabelli... John Bean Technology (JBT) downgraded to Neutral from Buy at Janney Capital.
News For AMCX;ACMP;EIX;MSTR;MNST;OHI;NTAP;STI;BTU;VTR;PH;WDC;TXN;JBT From The Last 14 Days
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June 17, 2013
10:10 EDTEIXOn The Fly: Analyst Upgrade Summary
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08:08 EDTMNSTMonster Beverage weakness on AMA headlines overdone, says Goldman
Goldman believes weakness in Monster Beverage shares following American Medical Association, or AMA, reports that it may endorse a ban on sales and marketing of energy drinks seems overdone. The analyst said the proposal does not contain new information and the AMA requested additional studies to better understand the issue.
07:03 EDTEIXEdison International upgraded to Outperform from Market Perform at Bernstein
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June 15, 2013
17:40 EDTBTUCoal industry counting on export demand as U.S demand wanes, NYT says
The U.S. coal industry is trying to revive itself with exports to Asia and Europe as environmental groups in opposition to the fall-out of coal use "say pollution caused by burning coal should not be exported," says the New York Times. The push for more export business is part of the U.S. coal industry's effort to expand exports as the U.S. has increasingly turned to natural gas as an alternative, adds NYT. Reference Link
June 14, 2013
14:25 EDTTXNMoody's revises Texas Instruments outlook to positive from stable
Moody's Investors Service revised the rating outlook for Texas Industries to positive from stable and affirmed its existing ratings, including its Caa1 corporate family rating and Caa1-PD probability of default rating. Moody's also assigned a first time speculative grade liquidity rating of SGL-3. Reference Link
13:23 EDTBTUWalter Energy falls after reportedly canceling refinancing loan
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12:57 EDTMNSTMonster Beverage puts active on report AMA may ban energy drinks
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12:43 EDTMNSTOn The Fly: Midday Wrap
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11:22 EDTMNSTMonster Beverage down more than 3% after Forbes says AMA may ban energy drinks
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11:21 EDTMNSTAMA could endorse ban of 'high energy' drinks, Forbes reports
The American Medical Association may endorse sales and advertising bans of “high-energy/stimulant drinks” to consumers under 18 years old, due to an increase in emergency room visits "linked to the consumption of 'stimulant' drinks," which are made by companies including Monster Beverage (MNST) and PepsiCo (PEP), according to Forbes. Reference Link
11:18 EDTMNSTAMA could endorse ban on high-energy drinks, Forbes says
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10:10 EDTSTIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Express (AXP) downgraded to Equal Weight from Overweight at Barclays... AngloGold (AU) downgraded to Sell from Neutral at UBS... DuPont (DD) downgraded to Neutral from Buy at BofA/Merrill... Myriad Genetics (MYGN) downgraded to Neutral from Buy at BofA/Merrill... Progress Software (PRGS) downgraded to Hold from Buy at Needham... Rubicon (RBCN) downgraded to Sell from Neutral at Goldman... Southern Company (SO) downgraded to Hold from Buy at Jefferies... SunTrust (STI) downgraded to Neutral from Buy at UBS... Wells Fargo (WFC) downgraded to Neutral from Buy at Sterne Agee... FIS (FIS) downgraded to Neutral from Outperform at RW Baird... SM Energy (SM) downgraded to Hold from Buy at Societe Generale..Wells Fargo (WFC) downgraded at Sterne Agee.
06:41 EDTSTISunTrust downgraded to Neutral from Buy at UBS
UBS downgraded SunTrust due to valuation. Price target is $34.
June 13, 2013
10:05 EDTAMCXOn The Fly: Analyst Initiation Summary
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10:05 EDTVTROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AngloGold (AU) downgraded to Sell from Hold at Societe Generale... Banco Santander (SAN) downgraded to Underweight from Neutral at JPMorgan... Cosi (COSI) downgraded to Neutral from Buy at Roth Capital... Randgold Resources (GOLD) downgraded to Hold from Buy at Societe Generale... Republic Services (RSG) downgraded to Buy from Conviction Buy at Goldman... Royal Bank of Scotland (RBS) downgraded to Sell from Hold at Deutsche Bank... Safeway (SWY) downgraded to Neutral from Buy at Citigroup... Smithfield Foods (SFD) downgraded to Neutral from Buy at Davenport... Vantage Drilling (VTG) downgraded to Market Perform from Outperform at Wells Fargo... Waste Management (WM) downgraded to Neutral from Buy at Goldman... Lexington Realty (LXP) downgraded to Underweight from Hold at KeyBanc... EPR Properties (EPR) downgraded to Underweight from Hold at KeyBancMedical Properties Trust (MPW) downgraded to Underweight from Hold at KeyBanc... Ventas (VTR) downgraded to Underweight from Hold at KeyBanc... Health Care REIT (HCN) downgraded to Hold from Buy at KeyBanc... StellarOne (STEL) downgraded to Market Perform from Strong Buy at Raymond James... Polypore (PPO) downgraded to Hold from Buy at Topeka.
09:13 EDTVTRVentas downgraded to Underweight from Hold at KeyBanc
07:47 EDTWDCSeagate and Western Digital price targets raised at Brean Capital
Brean Capital raised its price targets on both Seagate (STX) and Western Digital (WDC) citing free cash flow and gross margin stability. The firm favors Western Digital based on valuation and potential for greater incremental catalysts and raised its price target to $85 from $65. Seagate price target was raised to $54 from $43. Both are Buy rated.
05:59 EDTNTAPNetApp implied volatility at lower end of index mean range
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June 12, 2013
19:25 EDTNTAPNetApp executives sell near high, Barron's says
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16:28 EDTAMCXAMC Networks initiated with a Buy at Sterne Agee
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