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Stock Market & Financial Investment News

News Breaks
December 10, 2012
10:09 EDTZGNX, GWAY, SM, NBL, FBR, ACGL, WPPGY, PUBGY, MHP, APA, MSW, X, OMC, GTIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Apache (APA) downgraded to Hold from Buy at Deutsche Bank... Fibria Celulose (FBR) downgraded to Sell from Neutral at Citigroup... GrafTech (GTI) downgraded to Hold from Buy at Jefferies... McGraw-Hill (MHP) downgraded to Neutral from Buy at Lazard Capital... Noble Energy (NBL) downgraded to Neutral from Buy at Sterne Agee... Omnicom (OMC) downgraded to Hold from Buy at Deutsche Bank... Publicis (PUBGY) downgraded to Sell from Hold at Deutsche Bank... SM Energy (SM) downgraded to Hold from Buy at Deutsche Bank... U.S. Steel (X) downgraded to Underperform from Neutral at Longbow... WPP PLC (WPPGY) downgraded to Hold from Buy at Deutsche Bank... Greenway Medical (GWAY) downgraded to Underperform from Neutral at Sterne Agee... Corcept Therapeutics (MHP) downgraded to Neutral from Outperform at Cowen... Arch Capital (ACGL) downgraded to Hold from Buy at Stifel Nicolaus.. Mission West Properties (MSW) downgraded to Hold from Buy at Stifel Nicolaus... Zogenix (ZGNX) downgraded to Hold from Buy at Stifel Nicolaus.
News For APA;FBR;GTI;MHP;NBL;OMC;PUBGY;SM;X;WPPGY;GWAY;MSW;ACGL;ZGNX From The Last 14 Days
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March 6, 2015
08:16 EDTXEU ready to impose duties on stainless steel from China, Taiwan, Reuters says
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March 3, 2015
12:34 EDTOMCOmnicom Media Group signs 2015 upfront deal with National CineMedia
Omnicom Media Group, the media services division of Omnicom Group (OMC), has entered into an upfront agreement with National CineMedia (NCMI), to bring Omnicom client brands to movie patrons across NCMís network in 2015. The deal, which will cover approximately $50M in advertising over the next year, is the latest example of Omnicom Media Groupís video-neutral approach to media buying, placing cinema in its premium video tier. This landmark upfront buy is fully integrated to reach moviegoers on-screen, on-site, online and on mobile devices, and includes NCMís FirstLook pre-show, Shazam cinema interactivity, movie theater lobby activations, and online and mobile video campaigns specifically targeting NCM movie audiences.
10:01 EDTXOn The Fly: Analyst Downgrade Summary
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07:08 EDTOMCAmerican Society for Clinical Pharmacology and Therapeutics holds meeting
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06:20 EDTXU.S. Steel downgraded to Neutral from Buy at Nomura
Nomura believes U.S dollar strength and cost curve deflation driven by lower raw material prices and freight rates will continue to alter the global steel landscape. The firm expects continued export pressure by Russia and China into the global market to be highly disruptive, and when combined with further U.S. dollar strength, to pressure the U.S. steel sector. As a result, Nomura downgraded U.S. Steel (X) to Neutral and lowered its price target to $21 from $37.
March 2, 2015
17:17 EDTACGLArch Capital files automatic mixed securities shelf
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09:23 EDTXBofA/Merrill U.S. metals/mining analysts hold analyst/industry conference call
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08:34 EDTGTIGrafTech sees 1H15 EBITDA $45M-$55M
The companyís expectations, excluding the impact of special charges, are as follows: First half 2015 EBITDA target of $45M-$55M; First half 2015 operating cash flow of approximately $40M-$50M; Full year 2015 inventory reduction of approximately $50M; and Full year 2015 capital expenditures of approximately $60M-$70M. GrafTech is reviewing plans to further optimize the production platform for its advanced graphite materials business and expects a potential charge of up to $10M in the first half of 2015 related to this review. Current estimates indicate that the optimization could improve operating income by $5M annually. The 2015 graphite electrode order book continues to be built, with approximately 60 percent of targeted order volumes confirmed. Of the orders booked to date, 2015 graphite electrode prices are on average lower than 2014 year-end pricing. Pricing for products in the Engineered Solutions segment is also lower. The company's previously announced cost savings programs remain on track and are anticipated to deliver $50M in cash savings to benefit 2015 EBITDA results, offsetting the impact of lower pricing. While the company expects to benefit from falling oil prices in its needle coke and graphite electrode businesses, lower near-term graphite electrode operating rates, driven by plans to further reduce inventory, are expected to largely offset this benefit.
08:32 EDTGTIGrafTech reports Q4 adjusted EPS 6c, consensus (7c)
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February 27, 2015
09:53 EDTAPAApache calls active on renewed takeover chatter
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09:43 EDTAPARumor: Apache moves up on renewed takeover chatter
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February 26, 2015
08:47 EDTNBLNoble Energy 21M share Spot Secondary priced at $47.50
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February 25, 2015
18:24 EDTNBLOn The Fly: After Hours Movers
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16:06 EDTNBLNoble Energy files to sell 21M shares of common stock
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February 24, 2015
17:37 EDTSMSM Energy estimate of proved reserves as of December 31, 2014, 547.7 MMBOE
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17:36 EDTSMSM Energy sees FY15 production 60.4 to 63.5 MMBOE
Based on the capital budget and program, SM Energy anticipates full-year 2015 production to range from 60.4 to 63.5 MMBOE (165 - 174 MBOE/d). The midpoint of the company's provided guidance represents annual production growth of approximately 12% year over year. Production for the first quarter of 2015 is expected to be essentially flat to the fourth quarter of 2014, with production declining approximately 1% per quarter for the remainder of the year due to the reduction in rig activity and deferral of well completions throughout the year. The company's production mix for 2015 is expected to be similar to that of 2014.
17:35 EDTSMSM Energy sees FY15 CapEx $1.2B, down 43% from FY14 levels, ex-acquisitions
17:34 EDTSMSM Energy reports Q4 adjusted EPS $1.05, consensus $1.10
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February 23, 2015
07:37 EDTNBLCredit Suisse to hold a summit
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February 20, 2015
15:31 EDTOMCOmnicom management to meet with JPMorgan
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