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News Breaks
November 26, 2012
10:00 EDTCSGP, MOS, IMO, ETN, AKS, YHOO, LMT, FB, BCS, SQNM, RIMM, KCG, EXC, ANADOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ANADIGICS (ANAD) upgraded to Buy from Hold at Needham... Barclays (BCS) upgraded to Overweight from Neutral at JPMorgan... Broadcom (BRCM) upgraded to Buy from Hold at Benchmark Co... Eaton (ETN) upgraded to Neutral from Underweight at Atlantic Equities... Exelon (EXC) upgraded to Buy from Hold at Deutsche Bank... Facebook (FB) upgraded to Outperform from Market Perform at Bernstein... Imperial Oil (IMO) upgraded to Sector Performer from Sector Underperformer at CIBC... Knight Capital (KCG) upgraded to Market Perform from Underperform at Keefe Bruyette... Lockheed Martin (LMT) upgraded to Outperform from Market Perform at Bernstein... Mosaic (MOS) upgraded to Overweight from Neutral at Atlantic Equities... Research in Motion (RIMM) upgraded to Sector Outperformer from Underperformer at CIBC... Yahoo! (YHOO) upgraded to Conviction Buy from Buy at Goldman... CoStar Group (CSGP) upgraded to Overweight from Equal Weight at Stephens... Sequenom (SQNM) upgraded to Overweight from Equal Weight at Stephens... AK Steel (AKS) upgraded to Neutral from Sell at UBS.
News For ANAD;BCS;ETN;EXC;FB;IMO;KCG;LMT;MOS;RIMM;YHOO;CSGP;SQNM;AKS From The Last 14 Days
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June 17, 2015
05:45 EDTFBBrean ups Facebook target to $108, says own for long haul
Brean Capital analyst Sarah Hindlian raised her price target for Facebook to $108 from $100 while telling investors to own the stock for the long haul. After analyzing the potential of the social networking giant's mobile applications, including Instagram, WhatsApp and Messenger, Hindlian's "bear case" analyses demonstrate that Facebook may have an incremental $4.0B in revenue in FY16 from monetization efforts. Only 25%-35% of this potential revenue is included in consensus estimates, the analyst states this morning in a research note. She reiterates a Buy rating on Facebook. The stock closed yesterday up 35c to $81.06.
June 16, 2015
16:01 EDTYHOO, FBApple Twitter Facebook Bank of America Yahoo Netflix Alibaba WisdomTree Coca-Cola Goldman Sachs Micron General Electric
iPath S&P 500 VIX Short-Term Futures down 33c to 18.68. Option volume leaders: AAPL TWTR FB BAC YHOO NFLX BABA WETF KO GS MU GE.
14:49 EDTFBFacebook share of Mobile time remains strong at 23% in May, says JPMorgan
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14:47 EDTFBBanking sources say Twitter open to potential sale, Gasparino says
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13:33 EDTYHOOYahoo CEO says going forward with Alibaba spinoff as planned, TechCrunch reports
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13:10 EDTYHOOYahoo volatility at low end of 52-week range
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13:06 EDTYHOOYahoo shares strengthen after CEO comments on Alibaba spinoff
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13:03 EDTYHOOYahoo CEO says going forward with Alibaba spinoff as planned, Bloomberg says
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13:02 EDTYHOOYahoo: IRS changes seem to be procedural in spinoff treatment, Bloomberg says
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11:01 EDTLMTRaytheon, Bombardier, Lockheed Martin join forces for JSTARS Recap program
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09:36 EDTFBActive equity options trading on open
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09:08 EDTLMTUS Army and Javeline JV conducts successful live-fire tests
The U.S. Army and the Javelin Joint Venture, comprising Raytheon (RTN) and Lockheed Martin (LMT), recently conducted successful live-fire Javelin missile engagements against tank targets from different launcher and platform configurations as part of a demonstration to current foreign military sales users. Each of the three Javelin missiles used during the tests at Redstone Arsenal in Huntsville, Alabama, was fired from a different launcher or platform from a Command Launch Unit; from a vehicle using a Remote Weapon Station; and from the U.S. Army's recently deployed Containerized Weapon System, also using a RWS. The CLU-launched missile hit a target at 4,000 meters, while the vehicle-launched and CWS-launched missiles hit targets positioned at 1,100 meters and 700 meters, respectively.
08:17 EDTETNEaton says Arnold to succeed Cutler as chairman and CEO on June 1, 2016
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08:16 EDTETNEaton says Alexander Cutler to retire as Chairman and CEO on May 31, 2016
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08:15 EDTETNEaton says Alexander Cutler to retire as Chairman and CEO on May 31, 2016
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08:15 EDTETNEaton board names Craig Arnold president and COO, effective September 1
07:56 EDTIMOExxon Mobil says Kearl expansion project starting production ahead of schedule
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06:56 EDTFBFacebook plans to build EUR200M data center in Meath, TheJournal.ie reports
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06:31 EDTFBBelgian Privacy Commission adopts first recommendation of principle on Facebook
The Belgian Privacy Commission said in a statement that on May 13 it adopted a first recommendation of principle on Facebook. "It has observed that Facebook 'processes' the personal data of its members, users as well as of all internet users who come into contact with Facebook. Facebook does this secretively: no consent is asked for this 'tracking and tracing' and the use of cookies. No targeted information is provided. The available information is vague and authorizes just about anything. Following the introduction of new worldwide terms of use by Facebook, a number of European privacy commissions queried Facebook, which was particularly sparing with precise answers and also refused to comply with the request to postpone the entry into force of the new terms of use. Facebook did not accept that it was bound by the national privacy legislation of Belgium, the Netherlands and Germany. It rejected the competence of those countries' supervisory authorities for privacy. Facebook only accepts supervision by the Irish privacy commission and the application of Irish law.After months of unsuccessful correspondence and fruitlessly exchanging ideas, the Belgian Privacy Commission has now adopted a first recommendation. This document establishes first of all that the Belgian Privacy Commission is competent and that Belgian law also applies to Facebook, simply because any national supervisory authority is obliged to ensure privacy protection for its citizens. And Belgian law also applies because the Facebook Group has an actual establishment in Brussels, Belgium. At the request of the Belgian Privacy Commission the inter-university research center EMSOC/SPION conducted a detailed study into the way in which Facebook deals with its members' personal data. And that of citizens who do not use Facebook or who explicitly opted out of its service.The research results are disconcerting. Facebook disregards European and Belgian privacy legislation in several ways. In 10 chapters an equal amount of issues have been uncovered. It is the Belgian Privacy Commission's ambition to thoroughly look into these issues. Until today, the eighth chapter - 'tracking trough social plug-ins' - has been the focus of attention, because it does not only impact Facebook users but also virtually every Internet user in Belgium and Europe. Up to this day Facebook refuses to recognize the application of Belgian legislation nor the Belgian Privacy Commission. Until now it has always contested the findings of the EMSOC/SPION research report, but it has not provided concrete facts repudiating them. To the contrary: Facebook recognizes that errors, 'BUGS' have been uncovered." Reference Link
06:10 EDTLMTAirbus, Boeing, Lockheed among companies eyeing Sikorsky, WSJ says
Guillaume Faury, the president of Airbus Helicopters (EADSY), is said to be watching United Technologies' (UTX) plan to offload its Sikorsky unit, though Airbus has not committed to making a bid for its rival, The Wall Street Journal reports. United Tech said yesterday that it will sell or spin off Sikorsky, which makes Black Hawk helicopters, within the next two months. Sources say that in addition to Airbus potentially being interested in Sikorsky, there is also interest coming from Lockheed Martin (LMT), Boeing (BA) and Textron (TXT). Reference Link
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