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Stock Market & Financial Investment News

News Breaks
August 21, 2014
10:14 EDTMSG, HOS, ARCO, WWAV, RGSE, IRF, CAKE, VWDRY, PLNR, ITMN, CCJ, TDWOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Arcos Dorados (ARCO) downgraded to Sell from Neutral at Citigroup... Cameco (CCJ) downgraded at Cowen... Cheesecake Factory (CAKE) downgraded to Underperform from Buy at BofA/Merrill... Hornbeck Offshore (HOS) downgraded to Equalweight from Overweight at Capital One... InterMune (ITMN) downgraded to Market Perform from Outperform at Wells Fargo... International Rectifier (IRF) downgraded to Market Perform at Raymond James... Madison Square Garden (MSG) downgraded to Hold from Buy at Stifel... Planar Systems (PLNR) downgraded at B. Riley... Real Goods Solar (RGSE) downgraded to Neutral from Buy at Sidoti... Tidewater (TDW) downgraded to Equalweight from Overweight at Capital One... Vestas Wind (VWDRY) downgraded to Hold from Buy at Societe Generale... WhiteWave Foods (WWAV) downgraded to Neutral from Buy at Longbow.
News For ARCO;CCJ;CAKE;HOS;ITMN;IRF;MSG;PLNR;RGSE;TDW;VWDRY;WWAV From The Last 14 Days
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April 20, 2015
18:29 EDTWWAVWhiteWave Foods initiated with a Neutral at Janney Capital
Target $46.
April 16, 2015
16:41 EDTARCOArcos Dorados reports 7-day coffee sales record for McDonald’s in Brazil
Arcos Dorados announced that coffee sales at McDonald’s Brazil set a new 7-day record in early April, serving 66M liters between April 1 and April 7, up 34% from the same period a year ago. Arcos Dorados, the largest franchisee of McDonald’s in the world, launched a new coffee marketing strategy in January.
10:00 EDTCAKEOn The Fly: Analyst Initiation Summary
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April 15, 2015
17:24 EDTCAKECheesecake Factory initiated with a Neutral at Guggenheim
11:00 EDTCCJCameco announces contract to provide uranium to India
Cameco announced that the company has signed a supply agreement with the Department of Atomic Energy of India to provide 7.1M pounds of uranium concentrate under a long-term contract through 2020. The contract is Cameco Inc.'s first with India, which is the world's second fastest growing market for nuclear fuel, the company noted. "This contract opens the door to a dynamic and expanding uranium market. Much of the long-term growth we see coming in our industry will happen in India and this emerging market is key to our strategy," said Tim Gitzel, Cameco president and CEO.
06:52 EDTCCJJapanese judge blocks relaunch of nuclear plants, NY Times says
A Japanese judge yesterday blocked the country's government from restarting two nuclear power plants, according to The New York Times. None of Japan's 48 reactors has been operating since the Fukushima disaster, and the judge's decision is potentially significant because it directly challenges the government's new nuclear safety standards, the newspaper stated, adding that the two affected reactors may not reopen for months or even years. Cameco (CCJ) develops uranium used by nuclear plants. Solar energy companies whose products may be used to supplement nuclear power in Japan include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
April 13, 2015
10:00 EDTCCJOn The Fly: Analyst Upgrade Summary
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07:25 EDTCCJCameco upgraded at BofA/Merrill
As previously reported, BofA/Merrill upgraded Cameco to Buy from Neutral. The firm upgraded Cameco citing a lower cost structure in the Canadian operations due to U.S. dollar strength and a strong long-term contract portfolio. Price target is $18.
07:22 EDTMSGWave of media M&A may be on the way, WSJ says
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07:06 EDTCCJCameco upgraded to Buy from Neutral at BofA/Merrill
April 9, 2015
10:00 EDTCCJOn The Fly: Analyst Upgrade Summary
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08:55 EDTCCJCameco upgraded to Buy from Hold at Canaccord
Canaccord upgraded Cameco to Buy from Hold based on uranium pricing, improved momentum in the uranium market, and already discounted tax court rulings. Canaccord raised its price target to C$23 from C$20 on Cameco shares.
April 7, 2015
13:46 EDTWWAVWhiteWave Foods price target raised to $55 from $49 at Argus
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09:31 EDTCCJCameco upgraded to Outperformer from Sector Performer at CIBC
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08:44 EDTMSGMadison Square Garden 1.5M share Block Trade priced at $83.25
Morgan Stanley acted as sole book running manager for the offering.

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