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Stock Market & Financial Investment News

News Breaks
November 14, 2013
18:03 EDTCP, APD, MATX, GGP, JCP, PGPershing Square provides quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: Air Products (APD). DECREASED STAKES: Proctor & Gamble (PG), General Growth Properties (GGP), Canadian Pacific (CP). LIQUIDATED STAKES: J.C. Penney (JCP), Matson (MATX).
News For APD;PG;GGP;CP;JCP;MATX From The Last 14 Days
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November 28, 2014
13:38 EDTPGProcter & Gamble considers sale of Wella hair care unit, Reuters reports
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13:25 EDTPGProcter & Gamble working on possible sale of Wella, Reuters says
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November 26, 2014
14:05 EDTCPRailroads prepare to avoid Chicago gridlock, Bloomberg says
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08:20 EDTAPD, CPAckman says Herbalife short thesis reinforced by recent developments
"Recent developments at Herbalife reinforce our short thesis that HLF is an illegal pyramid that will collapse or otherwise be shut down by regulators," Bill Ackman stated in Pershing Square Holdings' quarterly letter to shareholders, which was released last night. "We continue to believe that the expiration of HLFs $1.15B credit facility in 2016 is a potential catalyst for further stock price declines, as we are skeptical that the company will be able to access the credit markets in order to refinance or replace this facility," Ackman added. In the letter, Ackman also confirmed that the fund is currently doing due diligence on Actavis (ACT) to determine whether it should remain a long-term holder following the company's deal to acquire Allergan (AGN), noting that Pershing had recently met with the CEO of Actavis and were "impressed with him and his business plan for the combined company." Remarking on some of his other notable holdings, Ackman stated that Canadian Pacifics (CP) transformation has been "nothing short of remarkable," that he believes the acquisition of Tim Hortons (THI) will create significant long-term value for Burger King (BKW) shareholders, and that early returns from Air Products' (APD) transformation are "promising."
November 25, 2014
17:26 EDTCPCanadian Pacific to purchase for cancelation over 1.2M shares
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17:02 EDTMATXMatson Navigation to raise service rates by $225 per container
Matson announced that Matson Navigation Company will raise its rates for the company's Guam/Commonwealth of the Northern Marianas Islands, or CNMI, and Micronesia services by $225 for both westbound and eastbound containers, effective January 25, 2015. The increase will be filed with the Surface Transportation Board and the Federal Maritime Commission. The rate increase also applies to the Commonwealth of the Northern Marianas Islands, the Republic of Palau, the Federated States of Micronesia and the Republic of the Marshall Islands. There will be no adjustment made to the company's terminal handling charge.
November 24, 2014
14:42 EDTAPDAir Products files automatic mixed securities shelf
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13:32 EDTJCPJ.C. Penney director discloses 100K share purchase at $7.28
J.C. Penney director Javier Teruel disclosed in a filing late Friday the purchase of 100K shares at $7.28 on Nov. 19. Shares of JCP are up 5.5% in early afternoon trading.
November 21, 2014
16:00 EDTPGProcter & Gamble CEO Lafley enters 10b5-1 trading plan
The Procter & Gamble Company has been advised that A.G. Lafley, Chairman of the Board, President and CEO, has entered into a stock trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Under Rule 10b5-1, directors and officers may adopt a prearranged plan or contract for the sale of Company securities under specified conditions and at specified times. Lafley's plan is designed to manage the exercise of options for 430,441 shares of common stock that were granted to him in February 2006, during his prior tenure as CEO, and will expire on February 28, 2016. The plan allows for the sale of the shares acquired upon the exercise of these options, subject to certain limit orders. Sales pursuant to this plan may begin on January 28, 2015. The plan, which was established during the company's current open trading window, will terminate on February 28, 2016, when the options expire, unless terminated sooner in accordance with its terms. Lafley and the company will report transactions effected under the plan as required, through Form 4 filings made with the SEC.
November 20, 2014
07:08 EDTPGSpectrum Brands reports Q4 adjusted EPS 98c, consensus $1.13
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November 19, 2014
11:14 EDTCPCowen airfreight/surface & rail analysts hold analyst/industry conference call
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10:25 EDTJCPOptions with decreasing implied volatility
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November 18, 2014
10:20 EDTJCPOptions with decreasing implied volatility
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November 17, 2014
16:11 EDTCPNorfolk Southern, Canadian Pacific subsidiary propose rail line transaction
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14:21 EDTJCPEarnings Preview: Home Depot shares up over 17% since last earnings report
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12:03 EDTJCPOptions with decreasing implied volatility
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10:02 EDTPGOn The Fly: Analyst Downgrade Summary
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06:39 EDTPGProcter & Gamble downgraded to Hold from Buy at Canaccord
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November 14, 2014
17:14 EDTCPPershing Square gives quarterly update on stakes
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16:26 EDTPGNasdaq clear leader as major averages end week higher
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