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Stock Market & Financial Investment News

News Breaks
June 27, 2014
09:50 EDTANAD, SSL, QLTI, MTW, LHO, HFC, OGZPY, COV, APD, VRSNOn The Fly: Analyst Downgrade Summary
Today noteworthy downgrades include: ANADIGICS (ANAD) downgraded to Hold from Buy at Needham... Air Products (APD) downgraded to Equal Weight from Overweight at Barclays... Covidien (COV) downgraded to Neutral from Buy at BTIG... Gazprom (OGZPY) downgraded to Equal Weight from Overweight at Barclays... HollyFrontier (HFC) downgraded to Neutral from Outperform at Credit Suisse... LaSalle Hotel (LHO) downgraded to Hold from Buy at MLV & Co.... Manitowoc (MTW) downgraded to Market Perform from Outperform at BMO Capital... QLT Inc. (QLTI) downgraded to Sector Perform at RBC Capital... Sasol (SSL) downgraded to Equal Weight from Overweight at Barclays... VeriSign (VRSN) downgraded to Market Perform from Outperform at Wells Fargo.
News For ANAD;APD;COV;OGZPY;HFC;LHO;MTW;QLTI;SSL;VRSN From The Last 14 Days
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August 29, 2014
06:38 EDTHFCRising oil supplies pressuring prices, NY Times says
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August 28, 2014
07:05 EDTCOVCovidien acquires Sapheon, terms not disclosed
Covidien announced that it has acquired Sapheon, Inc., a privately-held developer of venous disease treatments. Financial terms of the transaction were not disclosed.
August 27, 2014
06:19 EDTVRSNVeriSign volatility at low end of historic range
VeriSign September and October call option implied volatility is at 18, December is at 20; compared to its 26-week average of 22 according to Track Data, suggesting decreasing price movement.
August 26, 2014
19:33 EDTCOVCovidien shareholder sues to block sale to Medtronic, Bloomberg reports
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August 25, 2014
14:21 EDTAPDAir Products licenses ICEFLY technology to Advanced Research Systems
Air Products announced it has licensed its proprietary cryogenic machining technology to Advanced Research Systems, a manufacturer of industrial and research cryogenic equipment. The technology license agreement gives ARS extensive rights to Air Products' patented ICEFLY Cryogenic Machining Technology. Included in the agreement is the transfer of ICEFLY cryogen delivery equipment design information and cryogenic machining know-how developed by Air Products.
August 22, 2014
07:01 EDTCOVCovidien acquires Reverse Medical, terms not disclosed
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August 20, 2014
07:18 EDTCOVMedtronic shares have upside with or without deal, says Deutsche Bank
Deutsche Bank sees limited downside risk and significant upside potential for shares of Medtronic (MDT), with or without the pending Covidien (COV) acquisition. Deutsche says the Q1 results show improving trends and it keeps a Buy rating on Medtronic with an $85 price target.
August 19, 2014
08:22 EDTCOVMedtronic: We will continue to pay significant US taxes following Covidien deal
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August 18, 2014
16:10 EDTCOVCovidien says study shows directional atherectomy safe, effective
Covidien announced that directional atherectomy is "safe and effective as a frontline therapy for the treatment of peripheral arterial disease," according to a Covidien study published online today in the Journal of American College of Cardiology, Cardiovascular Interventions. Results from the DEFINITIVE LE study using Covidienís TurboHawk and/or SilverHawk directional atherectomy systems demonstrated 95% limb salvage in patients with critical limb ischemia and 78% overall patency in claudicant patients at 12 months.
06:21 EDTOGZPYGazprom asks government to bar gas-export law amendments, Bloomberg says
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