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Stock Market & Financial Investment News

News Breaks
May 30, 2014
10:13 EDTAMSG, SKHCY, OVTI, OIS, MFRM, LPNT, EXC, XEC, BAS, BNS, AVY, TDSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AmSurg (AMSG) upgraded to Strong Buy from Market Perform at Raymond James... Avery Dennison (AVY) upgraded to Overweight from Neutral at JPMorgan... Bank of Nova Scotia (BNS) upgraded to Outperformer from Sector Performer at CIBC... Basic Energy (BAS) upgraded to Overweight from Equalweight at Capital One... Cimarex Energy (XEC) upgraded to Buy from Accumulate at Tudor Pickering... Exelon (EXC) upgraded to Hold from Underperform at Jefferies... LifePoint Hospitals (LPNT) upgraded to Buy from Neutral at Mizuho... Mattress Firm (MFRM) upgraded to Buy from Neutral at Longbow... Oil States (OIS) upgraded to Overweight from Equalweight at Capital One... OmniVision (OVTI) upgraded to Outperform from Market Perform at Northland... Sonic Healthcare (SKHCY) upgraded to Buy from Hold at Deutsche Bank... Telephone and Data (TDS) upgraded at Morgan Stanley.
News For AMSG;AVY;BNS;BAS;XEC;EXC;LPNT;MFRM;OIS;OVTI;SKHCY;TDS From The Last 14 Days
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September 22, 2014
08:30 EDTLPNTHospital price targets raised at SunTrust
SunTrust increased its price targets on companies in the hospital space, citing encouraging volume trends shown in a survey. SunTrust raised its price target on Community Health (CYH) to $66 from $55, on HCA Holdings (HCA) to $83 from $75, on LifePoint Hospitals (LPNT) to $80 from $76 and on Tenet (THC) to $68 from $58. SunTrust keeps Buy ratings on Community Health and HCA Holdings, and Neutral ratings on LifePoint and Tenet. It remains upbeat on the sector overall.
September 19, 2014
07:31 EDTMFRMTempur, Mattress Firm weakness would be buying opportunity, says Piper
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September 18, 2014
12:12 EDTEXCComEd to refund customers $46.2M, stemming from settlement of legal cases
ComEd, a unit of Exelon, announced that it will refund customers $46.2M. The refunds stem from settlement of long-pending legal cases brought by the Illinois Attorney Generalís Office, Citizens Utility Board and the Illinois Industrial Energy Consumers on issues related to depreciation costs in ComEdís 2007 rate case filing and from costs in the companyís smart meter pilot project in 2009. Average refunds for residential customers will total approximately $8 and will appear as a credit on November bills.
06:46 EDTLPNTFTC challenging hospital mergers, NY Times reports
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September 17, 2014
16:19 EDTBASBasic Energy expects PFR acquisition to be immediately accretive to earnings
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13:01 EDTEXCPepco Holdings to host special shareholder meeting
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07:36 EDTEXCWolfe Research to hold a conference
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07:21 EDTBNSCIBC to hold a conference
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06:56 EDTAVYU.S. Paper & Packaging earnings to be pressured by weaker Euro, says Barclays
Barclays believes the Euro is in a multi-year downtrend which will pressure 2015 U.S. Paper & Packaging earnings. The firm's new aggressive Euro forecasts indicate 2015 EPS estimates would decline by 8%-12% for in Owens-Illinois (OI), Crown Holdings (CCK), Sealed Air (SEE), Avery Dennison (AVY). The firm is waiting to update estimates until it has a better read on 2H 2014 FX trends.
September 16, 2014
11:01 EDTEXCComEd awarded grant from Energy Department for microgrid controller
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07:42 EDTBASDeutsche Bank to hold a conference
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September 12, 2014
10:00 EDTLPNT, AMSGOn The Fly: Analyst Initiation Summary
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06:23 EDTLPNTLifePoint Hospitals initiated with a Market Perform at Leerink
Target $85.
06:16 EDTAMSGAmSurg initiated with a Buy at KeyBanc
Target $65.
06:11 EDTBASBasic Energy reports August well servicing rig count unchanged at 421
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September 9, 2014
12:14 EDTLPNTHospitals rise after analyst says positive trends continuing
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07:37 EDTLPNTDeutsche Bank ups price targets in Hospital space
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