New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 15, 2013
10:12 EDTANGI, TROW, ICE, ECA, RIG, GOLD, HBAN, DVA, RDY, GM, LINE, APA, STI, MWW, EXR, CMA, CTL, CSTR, EADSY, UGI, STJ, LOGM, ENDOn the Fly: Analyst Downgrade Summary
Today’s noteworthy downgrades include: Angie's List (ANGI) downgraded to Market Perform from Outperform at Barrington... Comerica (CMA) downgraded to Sell from Neutral at Citigroup... DaVita (DVA) downgraded to Neutral from Buy at Goldman... Endeavour (END) downgraded to Hold from Buy at C.K. Cooper... Extra Space Storage (EXR) downgraded to Sell from Neutral at UBS... Gold Fields (GFI) downgraded to Sector Underperformer from Sector Performer at CIBC... Huntington Bancshares (HBAN) downgraded to Neutral from Buy at Citigroup... LogMeln (LOGM) downgraded to Neutral from Overweight at JPMorgan... Monster Worldwide (MWW) downgraded to Neutral from Buy at SunTrust... Randgold Resources (GOLD) downgraded to Sell from Neutral at Citigroup... St. Jude Medical (STJ) downgraded to Underperform from Neutral at Cowen... SunTrust (STI) downgraded to Hold from Buy at Jefferies... Transocean (RIG) downgraded to Sell from Hold at Deutsche Bank... UGI Corporation (UGI) downgraded to Neutral from Buy at UBS... Apache (APA) downgraded to Neutral from Outperform at Macquarie... Encana (ECA) downgraded to Neutral from Buy at UBS... EADS (EADSY) downgraded to Market Perform from Outperform at Bernstein... LINN Energy (LINE) downgraded to Sector Perform from Outperform at Howard Weil... IntercontinentalExchange (ICE) downgraded to Neutral from Buy at Compass Point... Coinstar (CSTR) downgraded to Neutral from Buy at Compass Point... General Motors (GM) downgraded to Hold from Buy at Craig-Hallum... T. Rowe Price (TROW) downgraded to Neutral from Positive at Susquehanna... CenturyLink (CTL) downgraded to Hold from Buy at Argus... Dr. Reddy's Labs (RDY) downgraded to Neutral from Buy at BofA/Merrill.
News For ANGI;CMA;DVA;END;EXR;HBAN;LOGM;MWW;GOLD;STJ;STI;RIG;UGI;APA;ECA;EADSY;LINE;ICE;CSTR;GM;TROW;CTL;RDY 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 | 5 | all recent news | >>
June 22, 2015
08:28 EDTEADSYAirbus dispatches engineers to Zodiac to help overcome delays, Bloomberg says
Subscribe for More Information
06:57 EDTGMCNH Industrial upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded CNH Industrial (CNHI) to Neutral saying the stock could find support until the potential General Motors (GM) and Fiat-Chrysler (FCAU) merger is resolved. The firm raised its price target for shares to $8.50 from $7.50.
06:18 EDTEADSYSuppliers worried about Airbus, Boeing production rate hike, Reuters reports
Major engine suppliers, including General Electric (GE) and Safran, are becoming worried that they may lose out if they invest to meet higher commercial jet production targets from Airbus (EADSY) and Boeing (BA) that may prove unsustainable, Reuters reports. Airbus and Boeing have plans to raise production rates of their best selling single aisle planes by 25% to 50-52 a month in 2017-2018, the report says. Suppliers have said that they need to secure the start of a steep rise in output before making a commitment to even loftier targets, the report says. Reference Link
06:08 EDTGMGeneral Motors to add over 243,000 hatcbacks to air bag recall, AP reports
Subscribe for More Information
June 21, 2015
14:25 EDTRIGTransocean shares look cheap, Barron's says
Subscribe for More Information
June 19, 2015
15:44 EDTCTLCenturyLink to hold financial analyst day
Financial Analyst Day to be held in New York on June 24 at 8:45 am. Webcast Link
10:50 EDTGMEPA proposes new rules for medium- and heavy-duty truck emissions
Subscribe for More Information
10:48 EDTRIGStocks with call strike movement; RIG RAD
Subscribe for More Information
10:00 EDTECAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aerie Pharmaceuticals (AERI) upgraded to Buy from Hold at Canaccord... Amedisys (AMED) upgraded to Buy from Hold at Jefferies... Consolidated Edison (ED) upgraded to Hold from Sell at Evercore ISI... Delta Air Lines (DAL) upgraded to Outperform from Peer Perform at Wolfe Research... Deutsche Bank (DB) upgraded to Neutral from Underperform at Exane BNP Paribas... EP Energy (EPE) upgraded on better than expected well economics at SunTrust... Encana (ECA) upgraded to Outperform from Market Perform at BMO Capital... Energy Transfer Partners (ETP) upgraded to Buy at BofA/Merrill... Erickson (EAC) upgraded to Outperform from In-Line at Imperial Capital... Fiserv (FISV) upgraded on growth opportunities, margin outlook at Oppenheimer... IPC Healthcare (IPCM) upgraded to Buy from Hold at Jefferies... Mack-Cali Realty (CLI) upgraded on valuation at Stifel... Micron (MU) upgraded to Buy on sustainable margins and capex at Topeka... NuStar Energy (NS) upgraded to Buy from Neutral at BofA/Merrill... NuStar GP Holdings (NSH) upgraded to Buy from Neutral at BofA/Merrill... Ramco-Gershenson (RPT) upgraded to Outperform from Neutral at Baird... Retail Opportunity (ROIC) upgraded to Outperform from Market Perform at Raymond James... Royal Dutch Shell (RDS.A) upgraded to Outperform from Sector Perform at RBC Capital... Smith & Wesson (SWHC) upgraded to Outperform from Sector Perform at RBC Capital... Sovran Self Storage (SSS) upgraded to Buy from Hold at Cantor... Springleaf (LEAF) upgraded to Outperform from Neutral at Macquarie.
09:47 EDTEADSYAirbus plans to resume deliveries of A400M military helicopter, Reuters reports
Subscribe for More Information
06:34 EDTECAEncana upgraded to Outperform from Market Perform at BMO Capital
BMO Capital upgraded Encana to Buy with a $15 price target due to valuation.
June 18, 2015
17:56 EDTEADSYAirbus signs deal with Wizz Air for 110 jets for $14B, Reuters says
Subscribe for More Information
16:24 EDTGMOn The Fly: Top stock stories for Thursday
Stocks began the session in positive territory, adding to the late day move yesterday that followed Fed comments about the central bank's plans to raise benchmark interest rates gradually. Today's rally was broad based, as all 10 S&P sectors were in positive ground and the Nasdaq closed at a new all-time high. There were the usual headlines concerning Greece, but for at least one day, the U.S. market was able to ignore the European noise. ECONOMIC EVENTS: In the U.S., the consumer prices index rose 0.4% in the month of May, versus expectations for a 0.5% increase. The core reading, which removes food and energy prices, rose 0.1%, versus the expected increase of 0.2%. Initial jobless claims dipped 12,000 to 267,000 in the week ended June 13, versus expectations for 277,000 first-time claims. The Philadelphia Fed manufacturing survey climbed 8.5 points to 15.2 in June, topping expectations for a reading of 8. The leading indicators rose 0.7% to 123.1 in May, topping expectations for a rise of 0.4%. In Europe, International Monetary Fund chief Christine Lagarde reportedly said Greece won’t be given a grace period if it fails to make its scheduled payment to the fund on June 30. Meanwhile, finance ministers of euro area member states met today, after which Agence France-Presse reported that the talks ended with no deal on Greece. Bloomberg subsequently said that euro leaders plan to hold a summit to discuss Greece this coming Monday. COMPANY NEWS: Shares of Oracle (ORCL) dropped $2.17, or 4.84%, to $42.74 after the enterprise software, hardware and IT services provider reported lower than expected fourth quarter earnings per share and gave a lower than expected forecast for profit in its new quarter... General Motors (GM) announced that Fitch has raised the credit ratings of both GM and GM Financial to investment grade, meaning the corporate credit ratings for GM are now investment grade with all major rating agencies. Meanwhile, Reuters reported, citing several sources familiar with the matter, that the automaker has hired Goldman Sachs (GS) and Morgan Stanley (MS) to advise it as Fiat Chrysler (FCAU) CEO Sergio Marchionne attempts to gain the support of GM investors with the goal of forcing merger discussions with GM's board... Fitness tracker maker Fitbit (FIT) surged 48.4% to close at $29.68 in its first day of public trading. The company priced its initial public offering at $20 per share, topping expectations, and its closing price gives it a market value near $6B. MAJOR MOVERS: Among the notable gainers was Martha Stewart Living Omnimedia (MSO), which rose $1.35, or 26.27%, to $6.44 after The Wall Street Journal reported the company was nearing a deal to be acquired by Sequential Brands (SQBG), though the Journal said it was unable to learn the terms of the potential deal being discussed. Sequential Brands (SQBG) shares added 12.4% to close at $16.04 following the report. Also higher was Radius Health (RDUS), which gained $7.81, or 15.1%, to $59.54 after the company announced results from the six-month extension study for abaloparatide, its experimental treatment for osteoporosis. Among the noteworthy losers was Bankrate (RATE), which fell $2.60, or 18.77%, to $11.25 and was downgraded to Neutral from Buy at SunTrust after the company's revenue outlook came in well below the consensus forecast. INDEXES: The Dow gained 180.10, or 1%, to 18,115.84, the Nasdaq rose 68.07, or 1.34%, to 5,132.95, and the S&P 500 added 20.80, or 0.99%, to 2,121.24.
13:28 EDTGMFitch upgrades General Motors, GM Financial to investment grade
Subscribe for More Information
12:44 EDTEADSYAirbus threatens to pull of of European surveillance drone plan, FT reports
Airbus CEO Tom Enders has warned that the aerospace and defense group will quit Europe's plan to build a surveillance drone if the EU continues to place "burdensome" political requirements on multi-national military projects, The Financial Times reports. Reference Link
10:01 EDTSTI, HBAN, CMAOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:08 EDTSTISunTrust initiated with an Equal Weight at Stephens
Subscribe for More Information
07:05 EDTHBANHuntington Bancshares initiated with an Equal Weight at Stephens
07:05 EDTCMAComerica initiated with an Overweight at Stephens
Subscribe for More Information
06:54 EDTEADSYAirbus may build longer A350, WSJ says
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | 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