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Stock Market & Financial Investment News

News Breaks
May 12, 2014
10:02 EDTSBMRY, OMC, SSYS, RL, STO, QCOR, KIM, DE, BCS, AMCX, NTAP, GXP, CBEY, APO, LFL, FLEX, CG, AMRNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AMC Networks (AMCX) downgraded to Market Perform from Outperform at Bernstein... Amarin (AMRN) downgraded to Neutral from Buy at Citigroup... Apollo Global (APO) downgraded to Neutral from Buy at Goldman... Barclays (BCS) downgraded at RBC Capital... Carlyle Group (CG) downgraded to Neutral from Buy at Goldman... Cbeyond (CBEY) downgraded to Outperform from Strong Buy at Raymond James... Deere (DE) downgraded to Underperform from Neutral at Longbow... Flextronics (FLEX) downgraded to Hold from Buy at Stifel... Great Plains Energy (GXP) downgraded to Neutral from Buy at Ladenburg... Kimco Realty (KIM) downgraded to Market Perform from Outperform at Raymond James... LATAM Airlines (LFL) downgraded to Neutral from Buy at UBS... NetApp (NTAP) downgraded to Market Perform from Outperform at Raymond James... Omnicom (OMC) downgraded to Neutral from Conviction Buy at Goldman... Questcor (QCOR) downgraded to Neutral from Overweight at Piper Jaffray... Ralph Lauren (RL) downgraded to Neutral from Outperform at Credit Suisse... SABMiller (SBMRY) downgraded to Neutral from Outperform at Macquarie... Statoil (STO) downgraded to Neutral from Buy at BofA/Merrill... Stratasys (SSYS) downgraded to Hold from Buy at Craig-Hallum.
News For AMCX;AMRN;APO;BCS;CG;CBEY;DE;FLEX;GXP;KIM;LFL;NTAP;OMC;QCOR;RL;SBMRY;STO;SSYS From The Last 14 Days
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January 23, 2015
07:50 EDTAPOApollo having trouble securing financing for Presidio deal, Reuters says
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07:08 EDTSTONorwegian Statoil seeks to cut costs as oil prices drop, WSJ says
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January 22, 2015
10:03 EDTAMCXOn the Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AMC Networks (AMCX) upgraded to Buy from Neutral at Nomura... Alcatel-Lucent (ALU) upgraded to Conviction Buy from Neutral at Goldman... Chuy's (CHUY) upgraded at Wells Fargo... Coty (COTY) upgraded to Buy from Neutral at Citigroup... Era Group (ERA) upgraded to Buy from Hold at Evercore ISI... Exterran (EXH) upgraded to Buy from Hold at Evercore ISI... F5 Networks (FFIV) upgraded to Buy from Neutral at Buckingham... Joy Global (JOY) upgraded to Outperform from Market Perform at BMO Capital... Lennox (LII) upgraded to Buy from Neutral at UBS... RSA Insurance (RSNAY) upgraded to Outperform from Neutral at Credit Suisse... Rockwell Automation (ROK) upgraded to Buy from Neutral at UBS... SodaStream (SODA) upgraded to Hold from Sell at Stifel... eBay (EBAY) upgraded to Equal Weight from Underweight at Morgan Stanley.
09:46 EDTNTAPNetApp upgraded to Buy from Hold at Standpoint Research
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08:09 EDTAMCXAMC Networks upgraded to Buy from Neutral at Nomura
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06:37 EDTBCSNew York Attorney General seeks to expand Barclays lawsuit, Telegraph says
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January 21, 2015
10:01 EDTKIMOn The Fly: Analyst Downgrade Summary
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08:32 EDTKIMKimco Realty downgraded to Neutral from Outperform at Credit Suisse
07:36 EDTSBMRYSABMiller reports Q3 group NPR increased 4%
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07:09 EDTSSYSPiper positive on Stratasys, cautious on 3D Systems after survey
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January 20, 2015
17:17 EDTGXPGreat Plains Energy unit announces plans to stop burning coal at three plants
Kansas City Power & Light Company, or KCP&L, a subsidiary of Great Plains Energy, announced that in the coming years it will no longer burn coal at three of its coal-fired power plants, Montrose Station, one of its units at Lake Road Station and two of its units at Sibley Station. This announcement furthers the company’s commitment to a sustainable energy future and balanced generation portfolio. Lake Road’s boiler already has the ability to burn natural gas and the company plans to operate on natural gas once it ceases coal combustion. In the coming years, KCP&L will make final decisions regarding whether to retire the units at Montrose and Sibley, or convert them to an alternative fuel source. The decision comes in part as a result from recent Environmental Protection Agency regulations, which would require KCP&L to make significant environmental upgrades in the coming years in order to continue burning coal at these power plants. While this decision will impact employees at Montrose, Lake Road and Sibley, the utility does not anticipate that any employees will lose jobs as a result. KCP&L will find job opportunities within the company for displaced employees.
07:30 EDTBCSU.K. banks see Bitcoin as threat to sterling, boon to terrorists, Telegraph says
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07:28 EDTBCSTreasury Institute for Higher Education to hold a symposium
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07:25 EDTAMCXViacom buys 50% stake in five Indian TV channels, WSJ says
Viacom (VIA, VIAB) is completing a deal with India's Reliance Industries giving it 50% ownership of five Indian TV channels for an undisclosed sum, reports the Wall Street Journal. Competitors including Discovery Communications (DISCA), 21st Century Fox (FOX, FOXA), and AMC Networks (AMCX) are similarly looking towards foreign investment as U.S. consumers move away from traditional cable packages. PricewaterhouseCoopers predicts 16% annual growth in Indian TV revenue over the next five years. Reference Link
January 18, 2015
16:16 EDTBCSBarclays loses 'millions' on Swiss franc volatility, Reuters says
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January 16, 2015
10:01 EDTOMC, STOOn The Fly: Analyst Downgrade Summary
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09:09 EDTBCSDeutsche Bank, Barclays lost 'tens of millions' on Swiss franc, WSJ says
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08:36 EDTOMCOmnicom downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded Omnicom to Market Perform citing a balanced risk/reward at current levels and its belief 2015 consensus estimates look too high. FBR lowered its estimates to reflect currency headwinds and dropped its price target for shares to $76 from $81.
08:29 EDTSTOStatoil downgraded to Underweight from Neutral at JPMorgan
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06:16 EDTOMCOmnicom downgraded to Market Perform from Outperform at FBR Capital
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