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Stock Market & Financial Investment News

News Breaks
June 21, 2013
10:10 EDTIRWD, VIPS, CXO, FNSR, SGYP, MKGAY, ICPT, BKW, MRC, WEN, SCMP, PTN, PICO, HURN, JDSU, TTI, REGI, XOM, AMRN, DAR, IT, CVXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amarin (AMRN) initiated with a Perform at Oppenheimer... Chevron (CVX) initiated with an Outperform at Wells Fargo... Darling (DAR) initiated with an Outperform at Wedbush... Exxon Mobil (XOM) initiated with a Market Perform at Wells Fargo... Gartner (IT) initiated with a Buy at Stifel... Intercept (ICPT) initiated with an Outperform at Oppenheimer... Ironwood (IRWD) initiated with an Outperform at Credit Suisse... Merck KGaA (MKGAY) initiated with a Sell at Goldman... Palatin Tech (PTN) initiated with an Overweight at Piper Jaffray... Renewable Energy (REGI) initiated with an Outperform at Wedbush... Sucampo (SCMP) initiated with a Neutral at Credit Suisse... Synergy Pharmaceuticals (SGYP) initiated with an Outperform at Credit Suisse... Tetra Technologies (TTI) initiated with an Equal Weight at Stephens... Wendy's (WEN) initiated with a Market Perform at Wells Fargo... Finisar (FNSR) initiated with a Buy at Craig-Hallum... JDSU (JDSU) initiated with a Buy at Craig-Hallum... MRC Global (MRC) initiated with a Buy at Maxim... Concho Resources (CXO) re-initiated with a Buy at BofA/Merrill... Huron (HURN) initiated with a Buy at Stifel... Burger King (BKW) initiated with a Market Perform at Wells Fargo... PICO Holdings (PICO) initiated with an Outperform at Northland Securities... Vipshop (VIPS) initiated with a Buy at Citigroup.
News For AMRN;CVX;DAR;XOM;IT;ICPT;IRWD;PTN;MKGAY;REGI;SCMP;SGYP;TTI;WEN;FNSR;JDSU;MRC;CXO;HURN;BKW;VIPS;PICO From The Last 14 Days
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March 19, 2015
07:04 EDTXOMAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
09:56 EDTCVXRumor: BP strength attributed to takeover speculation
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09:00 EDTICPTIntercept price target raised to $344 from $258 at RW Baird
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06:16 EDTXOMAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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March 17, 2015
10:00 EDTICPTOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Aimco (AIV) initiated with an Outperform at RW Baird... Alnylam (ALNY) initiated with a Buy at Janney Capital... American Campus (ACC) initiated with a Neutral at RW Baird... AvalonBay (AVB) initiated with a Neutral at RW Baird... BE Aerospace (BEAV) initiated with a Buy at CRT Capital... BlackRock (BLK) initiated with a Buy at Argus... Camden Property (CPT) initiated with an Outperform at RW Baird... CarMax (KMX) initiated with a Buy at Evercore ISI... Central Pacific (CPF) initiated with a Neutral at Macquarie... Cognex (CGNX) initiated with a Buy at Northcoast... Education Realty (EDR) initiated with a Neutral at RW Baird... EnerSys (ENS) initiated with an Overweight at Stephens... Equity Lifestyle (ELS) initiated with an Outperform at RW Baird... Equity Residential (EQR) initiated with a Neutral at RW Baird... Essex Property Trust (ESS) initiated with a Neutral at RW Baird... Facebook (FB) initiated with a Buy at Brean Capital... Intercept (ICPT) initiated with a Hold at MLV & Co.... Isis Pharmaceuticals (ISIS) initiated with a Neutral at Janney Capital... LinkedIn (LNKD) initiated with a Sell at Brean Capital... Mid-America Apartment (MAA) initiated with an Outperform at RW Baird... NetSuite (N) initiated with a Hold at Brean Capital... Paycom (PAYC) initiated with a Buy at Brean Capital... Platform Specialty Products (PAH) initiated with a Buy at UBS... Post Properties (PPS) initiated with a Neutral at RW Baird... Salesforce.com (CRM) initiated with a Hold at Brean Capital... ServiceNow (NOW) initiated with a Buy at Brean Capital... Snap-On (SNA) initiated with a Buy at Northcoast... Sun Communities (SUI) initiated with a Neutral at RW Baird... Twitter (TWTR) initiated with a Buy at Brean Capital... UDR, Inc. (UDR) initiated with an Outperform at RW Baird... Workday (WDAY) initiated with a Hold at Brean Capital... Xplore Technologies (XPLR) initiated with a Buy at Roth Capital... Yahoo (YHOO) initiated with a Hold at Argus.
08:54 EDTAMRNAmarin says study suggest EPA pretreatment reduces oxidative damage
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06:18 EDTICPTIntercept initiated with a Hold at MLV & Co.
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March 16, 2015
18:21 EDTSGYPSynergy Pharmaceuticals reports Q4 EPS (32c), consensus (28c)
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11:40 EDTHURNHuron management to meet with William Blair
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11:11 EDTXOM, CVXOPEC sees oil prices to hit U.S. oil output by late 2015, Reuters says
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10:07 EDTAMRNHigh option volume stocks
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09:26 EDTCVXAtwood Oceanics Atwood Osprey to be out of service for 30 days due to cyclone
Atwood Oceanics (ATW) announced that its semisubmersible drilling unit, the Atwood Osprey, parted several mooring lines and drifted approximately three nautical miles from its original position during Cyclone Olwyn, which impacted the northwest coast of Australia on March 12. The rig is currently stable with a support vessel in position, and preliminary results indicate minimal damage with an estimated maximum of 30 days out of service time for repairs. No rig personnel were injured in the event. The Atwood Osprey is contracted to Chevron Australia (CVX) and was on location at the Iago 1B well. The well had been shut down and secured in accordance with Chevron's cyclone demobilization procedures and the rig had ballasted down and evacuated all its rig personnel in advance of the cyclone. Atwood Oceanics is coordinating its efforts with Chevron, the Australian offshore regulator and other affected parties.
09:06 EDTREGIRenewable Energy poised to benefit from regulatory catalysts, says Roth Capital
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08:06 EDTCVXCB&I awarded technology and FEED contracts for coker unit
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March 13, 2015
16:28 EDTXOMWhiting attracts interest from Exxon Mobil, Hess, Continental, Bloomberg says
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15:54 EDTXOMWhiting attracts interest from Exxon Mobil, Hess, Continental, Bloomberg says
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08:36 EDTXOMHoward Hughes sees 507 new hotel rooms in FY15
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06:32 EDTXOM, CVXIEA says oil price pressure likely to resume, Reuters reports
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06:29 EDTCVX, XOMOil companies reach tentative agreement with union, WSJ says
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05:18 EDTXOMExxon Mobil CEO says U.S. needs to 'make regulatory process less burdensome'
The U.S. government needs to adjust its energy policies to ensure that America can realize all the benefits of the new era of energy abundance, Rex Tillerson, chairman and CEO of Exxon Mobil said Thursday. “We need sound energy policies – policies equal to the innovation that has redefined the modern energy landscape,” Tillerson said in an address to The Economic Club of Washington. “It is time to build policies that reflect our newfound abundance – that view the future with optimism, that recognize the power of free markets to drive innovation, and that proceed with the conviction that free trade brings prosperity and progress.” As examples, Tillerson said that Congress and the White House need to enable U.S. exports of oil and natural gas, approve the Keystone XL pipeline, and make the regulatory process less burdensome and more transparent. “With free trade in energy and common-sense regulatory reforms, the U.S. energy industry can strengthen U.S. energy security and continue to pioneer the innovations that make possible the safe and responsible development of energy,” Tillerson said. “No one can say for sure how the industry will evolve next or where it will go – but one of the enduring lessons of our industry is that sound policy rewards wide and disciplined investments, spurs economic growth and improved environmental performance, and leads to greater peace and prosperity.” A major driver in the industry’s expansion, Tillerson said, has been breakthroughs in the integration of hydraulic fracturing and horizontal drilling, a renaissance that is now bringing economic benefits to all 48 states in the continental U.S. along with unanticipated environmental gains. “Because natural gas emits up to 60 percent less carbon dioxide than other major sources when used for power generation, our abundant and reliable supplies have been instrumental in reducing our nation’s carbon dioxide emissions to levels not seen since the early 1990s,” Tillerson said. He noted that industry has a responsibility to meet the two-pronged challenge of providing for the world's energy needs while protecting the environment. “The global economy will need sound economic reasoning and more sensible policies to fully leverage this moment to meet the energy and environmental challenges of the future,” said Tillerson.
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