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Stock Market & Financial Investment News

News Breaks
February 21, 2013
12:58 EDTURI, APO, CX, FE, UCOIncreasing implied volatility stocks: APO UCO CX URI FE
News For APO;UCO;CX;URI;FE From The Last 14 Days
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May 28, 2015
11:18 EDTURIUnited Rentals pullback a buying opportunity, says Piper Jaffray
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10:20 EDTURIUnited Rentals: May revenue 'ofter than we had in mind,' Bloomberg says
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09:59 EDTURIUnited Rentals, Terex sell off following conference presentations
Shares of United Rentals are moving lower following the conclusion of the company's presentation at KeyBanc's Industrial, Automotive and Transportation Conference. The weakness is being attributed to management saying May has been weaker than April, according to contacts. Shares of United Rentals are down 7%, or $6.99, to $97.51 in early trading. Shares of Terex (TEX) are down 7%, or $1.95, to $26.18 following the company's presentation last night at the same conference. While Terex did reaffirm its 2015 outlook, the company highlighted a "challenging environment." The company noted "difficult end market demand," especially in Cranes and Materials Processing.
09:45 EDTURIUnited Rentals falls 5% after presenting at KeyBanc conference
09:42 EDTURIUnited Rentals falls 5%, or $5.32, to $99.18
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06:59 EDTAPOApollo, KKR expected to bid for GE unit, WSJ reports
Private equity firms including KKR (KKR) Apollo Global (APO) and Ares Management are among the private equity firms that are in the process of bidding for GE's (GE) business that funds LBOs, The Wall Street Journal reports, citing sources. The unit could fetch over $17B in a sale, the publication notes. Canada Pension Plan Investment Board and Guggenheim Securities also are expected to submit offers for the unit, and an agreement could be announced as early as next week, the sources say. Reference Link
06:08 EDTAPOFlowers Foods, others submit bids for Hostess, NY Post reports
According to sources, Flowers Foods (FLO), Grupo Bimbo, Post Foods and Aryzta AG all submitted nonbinding bids to buy Hostess (APO) for around $2B by yesterday's deadline, The New York Post reports. The sources say that "a few" private equity firms also submitted offers, "but do not seem very interested due to the competition from the strategic players," and many of the same firms bid last week for AdvancePierre Foods in a $2B auction. Reference Link
May 27, 2015
10:01 EDTCXOn The Fly: Analyst Upgrade Summary
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06:05 EDTCXCEMEX upgraded to Buy from Neutral at Longbow
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May 26, 2015
16:37 EDTURIUnited Rentals adds ten locations in Canada and the U.S.
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May 22, 2015
16:13 EDTFEFirstEnergy files automatic mixed securities shelf
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May 20, 2015
10:00 EDTAPOOn The Fly: Analyst Upgrade Summary
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08:20 EDTAPOApollo Global upgraded to Equal Weight from Underweight at Morgan Stanley
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08:07 EDTFEFirstEnergy to hold a meeting
Fixed Income Investor Meeting is being held in New York on May 20 at 11 am.
06:17 EDTAPOApollo Global upgraded to Overweight from Equal Weight at Morgan Stanley
May 19, 2015
12:32 EDTURIUnited Rentals management to meet with Jefferies
Meetings to be held in London/Zurich on May 20-21 hosted by Jefferies.
08:38 EDTAPOApollo Global acquires Protection 1, ASG Security
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May 18, 2015
15:54 EDTAPOFidelity & Guaranty Life moving forward with sale process, dealReporter says
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May 15, 2015
16:28 EDTURIAppaloosa Management gives quarterly update on stakes
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10:55 EDTURIJANA Partners gives quarterly update on stakes
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