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Stock Market & Financial Investment News

News Breaks
August 30, 2013
10:05 EDTSCSS, APA, SN, INTC, CPAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Apache (APA) upgraded to Outperform from Sector Perform at RBC Capital... Copa Holdings (CPA) upgraded to Strong Buy from Outperform at Raymond James... Sanchez Energy (SN) upgraded to Outperform from Sector Perform at RBC Capital... Select Comfort (SCSS) upgraded to Buy from Hold at KeyBanc... Intel (INTC) upgraded to Buy from Hold at Argus.
News For APA;CPA;SN;SCSS;INTC From The Last 14 Days
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May 19, 2015
09:17 EDTINTCAltera has 'underappreciated' positive catalyst, says Pacific Crest
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08:34 EDTINTCApple introduces 15-inch MacBook Pro with Force Touch trackpad
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08:33 EDTINTCMorgan Stanley cautious in near-term on PC names
Morgan Stanley is more cautious on PC names near-term, given PC and HDD inventory builds quarter-to-date and weaker April ODM sales. The firm's analyst team continues to believe Q1 was a bottom in year-over-year growth, but now expects normal Q2 seasonal growth instead of above normal and thinks any recovery will likely be delayed until Q3. Morgan Stanley is cautiously optimistic on Western Digital (WDC) due to its diverse revenue drivers, sees value creation catalysts for Hewlett-Packard (HPQ) and believes Microsoft (MSFT) shares reflect the challenging PC market and Win 10. The firm is more cautious on semis such as NVIDIA (NVDA) given higher valuations, share loss at Advanced Micro (AMD), potential 2H margin pressure at Intel (INTC), and Morgan is cautious on PC DRAM stocks near-term due to weaker pricing.
07:31 EDTAPAUBS to hold a conference
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06:10 EDTINTCCiti sees over 50% chance of Intel buying Altera
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May 18, 2015
12:51 EDTINTCOn The Fly: Top stock stories at midday
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10:40 EDTINTCIntel, Altera held principal to principal talks late last week, Faber says
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09:11 EDTINTCIntel, Altera held 'principal to principal' talks last week, CNBC reports
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07:06 EDTINTCAltera back in talks with Intel about potential takeover, NY Post says
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07:05 EDTSNSanchez Energy appoints Gleeson Van Riet as CEO
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07:04 EDTSNSanchez Energy appoints Gleeson Van Riet as CFO effective immediately
Sanchez Energy announced that Gleeson Van Riet has been named Senior Vice President and CFO of the company, effective immediately. Prior to this appointment, Van Riet served as Senior Vice President, Capital Markets and Investor Relations, since April 2013 and as Interim Co-CFO since March 2015.
May 15, 2015
06:13 EDTINTCISS, Glass Lewis advise Intel investors to vote 'no' on eBay CEO, WSJ reports
ISS and Glass, Lewis & Co, two influential proxy advisory firms, are recommended Intel (INTC) investors vote against the reelection of eBay (EBAY) CEO John Donahoe to the company's board, The Wall Street Journal reports. Citing what it characterized as a poor attendance record, Glass Lewis commented "We view this as a failure by this director to fulfill a fundamental responsibility to represent shareholders at such meetings," while ISS said Donahoe "lacked a valid excuse" for attending less than 75% of the meetings held by the Intel board and committees he serves on in 2014. Intel's annual shareholders meeting is scheduled for May 21. Reference Link
May 13, 2015
07:32 EDTINTCCLSA to hold a conference
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May 12, 2015
17:07 EDTCPACopa Holdings reports preliminary April traffic up 1.6%
For the month of April, Copa Holdings' system-wide passenger traffic increased 1.6% year over year, while capacity increased 7.0%. As a result, system load factor for April 2015 was 72.7%, a 3.9 percentage point decrease when compared to April 2014.
12:04 EDTINTCIntel, eASIC collaborate on customized Intel-based solutions for the Cloud
Intel Corporation announced plans to develop integrated products with eASIC Corporation that combine processing performance and customizable hardware to meet the increasing demand for custom compute solutions for data centers and the “cloud.” The new parts will enable acceleration of up to two times that of a field programmable gate array for workloads like security and big data analytics while also speeding the time to market for custom application specific integrated circuit development by as much as 50 percent.
08:32 EDTSCSSBlue Clay withdraws slate of nominees for election to Select Comfort board
Blue Clay issued an open letter to shareholders of Select Comfort announcing that, in recognition of the company's progress in implementing Blue Clay's recommended actions, Blue Clay has determined to withdraw its slate of two director nominees for election to the Board of Directors of the Company at its upcoming 2015 annual meeting. In the letter, Blue Clay commented, "Since we submitted our nominations on December 4, 2014, as the Board and management began implementing our recommended changes and supported the stock with increased share repurchases and investor communication, the Company's stock price has increased by 21.9%. As long-term holders, we are hopeful the Company will continue to make changes that benefit shareholders. Specifically, we hope that the Company will move to open the four remaining markets previously identified by management to be developed by 2014, close the significant gap to historical margin guidance, and further improve capital allocation by returning more cash to shareholders and reducing annual capital expenditures to focus on new store growth once the ERP and store remodel and relocation program are concluded later this year. In recognition of the company moving in the overall direction of our recommendations, we are withdrawing our slate of two director nominees for election to the Board at this year's annual shareholders meeting."
07:51 EDTINTCDeutsche Bank to hold a conference
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May 11, 2015
08:14 EDTAPAMorgan Stanley to hold a conference
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07:06 EDTSCSSSelect Comfort says proxy advisory firms recommend investors vote for nominees
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06:32 EDTINTCIntel management to meet with FBR Capital
Meetings to be held in Boston/New York May 11-14 hosted by FBR Capital.
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