New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 19, 2013
10:09 EDTANF, ROST, S, TRIP, UA, URBN, UNP, LULU, NTWK, NBL, MRO, HES, ARO, AEO, APC, BIG, FDO, CHS, GPS, KND, NCMIOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Abercrombie & Fitch (ANF) initiated with a Neutral at SunTrust... Aeropostale (ARO) initiated with a Neutral at SunTrust... American Eagle (AEO) initiated with a Neutral at SunTrust... Anadarko (APC) initiated with a Buy at Mizuho... Big Lots (BIG) initiated with a Market Perform at FBR Capital.. Chico's FAS (CHS) initiated with a Buy at SunTrust... Family Dollar (FDO) initiated with a Market Perform at FBR Capital... Gap (GPS) initiated with a Neutral at SunTrust... Hess Corp. (HES) initiated with a Buy at Mizuho... Kindred Healthcare (KND) initiated with an Overweight at Barclays... Marathon Oil (MRO) initiated with a Buy at Mizuho... Noble Energy (NBL) initiated with a Neutral at Mizuho... Ross Stores (ROST) initiated with a Buy at SunTrust... Sprint (S) coverage resumed with a Sell at Goldman... TripAdvisor (TRIP) initiated with a Buy at Ascendiant... Under Armour (UA) initiated with a Buy at SunTrust... Urban Outfitters (URBN) initiated with a Buy at SunTrust... lululemon (LULU) initiated with a Buy at SunTrust... Union Pacific (UNP) coverage assumed with an Outperform at Credit Suisse... NetSol Technologies (NTWK) initiated with a Buy at Maxim... National CineMedia (NCMI) initiated with a Buy at B. Riley.
News For ANF;ARO;AEO;APC;BIG;FDO;CHS;GPS;KND;HES;MRO;NBL;ROST;S;TRIP;UA;URBN;UNP;LULU;NTWK;NCMI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
September 18, 2014
07:32 EDTNCMIMKM Partners to hold a conference
Subscribe for More Information
September 17, 2014
17:32 EDTFDODollar General remains committed to acquisition of Family Dollar
Subscribe for More Information
12:53 EDTSSprint management to meet with Jefferies
Subscribe for More Information
11:02 EDTLULUOptions with decreasing implied volatility
Subscribe for More Information
10:44 EDTHESHess, PDVSA said to finally find buyer for Hovensa refinery, TankTerminals says
U.S. Virgin Islands Governor John de Jongh said Monday that Hovensa, which is jointly owned by Hess and PDVSA, has agreed in principle with an unidentified buyer for the sale of its refinery assets, though a Hovensa spokesman said Tuesday that the company has no comments on a deal or the governor's comments, reported TankTerminals.com. Reference Link
10:00 EDTGPSOn The Fly: Analyst Initiation Summary
Subscribe for More Information
10:00 EDTUAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AB InBev (BUD) upgraded to Hold from Sell at Societe Generale... Baker Hughes (BHI) upgraded to Outperform from Sector Perform at Howard Weil... Bank of the Ozarks (OZRK) upgraded to Buy from Hold at BB&T... Bill Barrett (BBG) upgraded to Buy from Neutral at Mizuho... Cepheid (CPHD) upgraded to Buy from Hold at Cantor... Cigna (CI) upgraded to Positive from Neutral at Susquehanna... Extra Space Storage (EXR) upgraded to Buy from Hold at Jefferies... GNC Holdings (GNC) upgraded to Outperform from Neutral at Wedbush... MB Financial (MBFI) upgraded at DA Davidson... Mondelez (MDLZ) upgraded to Buy from Hold at Societe Generale... Radian Group (RDN) upgraded to Buy from Neutral at Compass Point... Skullcandy (SKUL) assumed with a Overweight from Neutral at Piper Jaffray... Under Armour (UA) upgraded to Overweight from Neutral at Piper Jaffray.
08:28 EDTFDOFamily Dollar board rejects Dollar General's 'illusory' tender offer
Family Dollar Stores (FDO) announced that its Board of Directors unanimously recommends that Family Dollar’s shareholders reject the unsolicited conditional tender offer made by Dollar General Corporation (DG) and not tender their shares. In conjunction with its rejection of Dollar General’s offer, Family Dollar’s Board unanimously reaffirms its recommendation in support of the transaction with Dollar Tree (DLTR). The terms of the tender offer are the same as those in the proposal made by Dollar General on September 2, 2014, which the Board of Directors of Family Dollar unanimously rejected on September 5, 2014, on the basis of antitrust regulatory considerations. Howard R. Levine, Chairman and CEO of Family Dollar, said, “Our Board of Directors, with the assistance of outside advisors and consultants, reviewed all aspects of Dollar General’s tender offer and concluded unanimously that this highly conditional Offer is illusory because, as Dollar General is well aware, the Offer cannot close on the terms proposed. Tenders into the Dollar General Offer will be meaningless since there is no way that Dollar General can purchase shares that are tendered.” Levine added, “The terms of the Dollar General Offer are no different from those in its most recent unsolicited proposal, which was previously and unanimously rejected by our Board of Directors based on antitrust regulatory considerations. There is a very real and material risk that the transaction proposed by Dollar General would fail to close, after a lengthy and disruptive review process. Accordingly, our Board has rejected Dollar General’s tender offer and reaffirmed its support of the transaction with Dollar Tree, which delivers attractive value in the form of immediate upfront cash and upside participation in a combined Dollar Tree-Family Dollar entity, as well as closing certainty.” Ed Garden, a Family Dollar director and co-founder and Chief Investment Officer at Trian Fund Management, L.P., a large shareholder of the Company, stated, “We are focused on delivering to Family Dollar shareholders the highest value with certainty, and the Dollar Tree transaction does just that. Dollar Tree has taken the antitrust risk off the table by committing to divest as many stores as necessary to obtain antitrust clearance. We remain fully committed to the Dollar Tree transaction.”
08:27 EDTFDOFamily Dollar board rejects Dollar General's 'illusory' tender offer
Subscribe for More Information
07:40 EDTMROUBS to hold a conference
Houston Energy Bus-less Tour is being held in Houston on September 17-19 with webcasted company presentations to begin on September 17 at 8:30 am; not all company presentations may be webcasted. Webcast Link
September 16, 2014
16:33 EDTUAUnder Armour upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray upgraded Under Armour to Overweight with a $78 price target after assuming coverage of the stock.
16:29 EDTGPSGap assumed with a Neutral at Piper Jaffray
Price target raised to $46 from $43.
16:29 EDTANFAbercrombie & Fitch assumed with an Overweight at Piper Jaffray
Price target lowered to $45 from $48.
16:29 EDTAEOAmerican Eagle assumed with a Neutral at Piper Jaffray
Target $13.
10:37 EDTLULUOptions with decreasing implied volatility
Subscribe for More Information
09:59 EDTAEOOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:25 EDTAEOOn The Fly: Pre-market Movers
Subscribe for More Information
08:01 EDTURBNUrban Outfitters September volatility elevated at 29
Subscribe for More Information
07:42 EDTAPCDeutsche Bank to hold a conference
Subscribe for More Information
07:09 EDTAEOAmerican Eagle upgraded to Overweight from Equal Weight at Stephens
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use