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Stock Market & Financial Investment News

News Breaks
February 11, 2013
10:14 EDTUSB, VMW, TSO, SWFT, TFX, SSD, MNRO, RNST, WFC, KR, BPL, NVO, STR, NKE, BBVA, AOL, KNX, HTLD, GPK, MRTN, FUL, ATROOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AOL (AOL) upgraded to Outperform from Sector Perform at RBC Capital... Astronics (ATRO) upgraded to Buy from Hold at KeyBanc... Banco Bilbao (BBVA) upgraded to Neutral from Underweight at JPMorgan... Graphic Packaging (GPK) upgraded to Buy from Hold at Deutsche Bank... H.B. Fuller (FUL) upgraded to Buy from Hold at Deutsche Bank... Heartland Express (HTLD) upgraded to Buy from Hold at KeyBanc... Knight Transportation (KNX) upgraded to Buy from Hold at KeyBanc... Marten Transport (MRTN) upgraded to Buy from Hold at KeyBanc... Nike (NKE) upgraded to Overweight from Neutral at JPMorgan... Questar (STR) upgraded to Equal Weight from Underweight at Morgan Stanley... Renasant (RNST) upgraded to Outperform from Market Perform at Keefe Bruyette... Swift Transportation (SWFT) upgraded to Buy from Hold at KeyBanc... Novo Nordisk (NVO) upgraded to Buy from Neutral at Nomura... Monro Muffler (MNRO) upgraded to Buy from Neutral at ISI Group... Tesoro (TSO) upgraded to Buy from Neutral at BofA/Merrill... Buckeye Partners (BPL) upgraded to Neutral from Sell at Citigroup... Simpson Manufacturing (SSD) upgraded to Buy from Neutral at DA Davidson... VMware (VMW) upgraded to Overweight from Equal Weight at Evercore... Kroger (KR) upgraded to Neutral from Sell at Goldman... Teleflex (TFX) upgraded to Overweight from Equal Weight at Morgan Stanley... U.S. Bancorp (USB) upgraded to Hold from Sell at Stifel Nicolaus... Wells Fargo (WFC) upgraded to Buy from Hold at Stifel Nicolaus.
News For AOL;ATRO;GPK;BBVA;FUL;HTLD;NKE;MRTN;KNX;STR;RNST;SWFT;NVO;MNRO;TSO;BPL;SSD;VMW;KR;TFX;USB;WFC From The Last 14 Days
Check below for free stories on AOL;ATRO;GPK;BBVA;FUL;HTLD;NKE;MRTN;KNX;STR;RNST;SWFT;NVO;MNRO;TSO;BPL;SSD;VMW;KR;TFX;USB;WFC the last two weeks.
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May 22, 2013
09:02 EDTUSB, WFCFinancials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list.
08:33 EDTMNROMonro Muffler price target raised to $63 from $45 at Stifel
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07:24 EDTVMWNetEvents International to host a summit
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May 21, 2013
14:50 EDTNKEWal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link
12:36 EDTMNROOn The Fly: Midday Wrap
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08:08 EDTTSOTesoro price target raised to $75 from $65 at Oppenheimer
Oppenheimer increased its target on Tesoro to reflect the company's acquisition of a Carson City, CA, refinery and related assets, after regulators approved the deal last Friday. The firm believes that the deal will create significant value for Tesoro shareholders, and it keeps an Outperform rating on the stock.
07:41 EDTMNROMonro Muffler raises Q1 dividend 1c to 11c per share
Monro Muffler announced that its board has approved a 1c increase in the company's cash dividend for Q1 to 11c per share, representing an increase of 10% from the quarterly dividends paid in FY13. The cash dividend is payable to shareholders of record on the company's outstanding shares of common stock including the shares of common stock to which the holders of the company's Class C Convertible Preferred Stock are entitled. The increased dividend will be payable on June 11 to shareholders of record as of May 31.
07:40 EDTMNROMonro Muffler sees FY14 EPS $1.65-$1.80, consensus $1.78
Sees FY14 revenue $840M-$865M, consensus $865.39M. Sees FY14 comparable store sales up 2.5%-4.5%.
07:38 EDTMNROMonro Muffler sees Q1 EPS 42c-46c, consensus 48c
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07:33 EDTMNROMonro Muffler reports Q4 EPS 25c, consensus 25c
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07:26 EDTWFCBarclays to host a conference
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07:13 EDTWFC, USBU.S. bank mergers less likely this year, Bloomberg reports
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May 20, 2013
18:53 EDTFULH.B. Fuller to acquire Plexbond Quimica
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15:22 EDTMNRONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c.
11:49 EDTWFCWells, Citi halt most foreclosure sales amid OCC scrutiny, American Banker says
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09:12 EDTTSOTesoro price target rasied to $120 from $92 at Barclays
Barclays raised Tesoro estimates following the Carson City approval from the FTC and California Attorney General, without any divestitures. Shares are Overweight rated.
08:41 EDTTSOTesoro price target raised to $69 from $58 at Imperial Capital
Imperial Capital raised its price target for Tesoro after the FTC cleared the company's acquisition of BP Carson. The firm keeps an Outperform rating on the stock.
08:37 EDTTSOTesoro removed from U.S. Key Call List at UBS
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May 19, 2013
12:44 EDTAOLAOL's Patch gets new CEO, trims staff, AllThingsD says
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May 17, 2013
16:21 EDTTSOOn The Fly: Closing Wrap
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