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Stock Market & Financial Investment News

News Breaks
January 3, 2014
10:00 EDTMU, FE, ETR, ED, ARMH, JMBA, UFS, MWV, PRU, JOY, GE, ENH, CB, SWIR, SON, WTM, MOG.A, IPCM, EXC, CNDO, AMCC, SNX, OI, SOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ARM Holdings (ARMH) downgraded to Market Perform from Outperform at BMO Capital... Applied Micro (AMCC) downgraded to Market Perform from Outperform at BMO Capital... Chubb (CB) downgraded to Neutral from Buy at Janney Capital... Consolidated Edison (ED) downgraded to Neutral from Buy at Citigroup... Coronado (CNDO) downgraded to Perform from Outperform at Oppenheimer... Endurance Specialty (ENH) downgraded to Neutral from Buy at Janney Capital... Entergy (ETR) downgraded to Sell from Neutral at Citigroup... Exelon (EXC) downgraded to Sell from Neutral at Citigroup... FirstEnergy (FE) downgraded to Sell from Neutral at Citigroup... General Electric (GE) downgraded to Perform from Outperform at Oppenheimer... IPC The Hospitalist Co. (IPCM) downgraded to Neutral from Outperform at Credit Suisse... Joy Global (JOY) downgraded to Sell from Neutral at Goldman... Micron (MU) downgraded to Sector Perform from Outperform at RBC Capital... Moog (MOG.A) downgraded to Sector Perform from Outperform at RBC Capital... NRG Yield (NYLD) downgraded to Neutral from Buy at Citigroup... Prudential (PRU) downgraded to Neutral from Buy at Janney Capital... Sprint (S) downgraded to Sell from Hold at Stifel... White Mountains (WTM) downgraded to Neutral from Buy at Janney Capital... MeadWestvaco (MWV) downgraded to Neutral from Buy at BofA/Merrill... Owens-Illinois (OI) downgraded to Neutral from Buy at BofA/Merrill... Sonoco Products (SON) downgraded to Neutral from Buy at BofA/Merrill... Domtar (UFS) downgraded to Underperform from Buy at BofA/Merrill... SYNNEX (SNX) downgraded to Hold from Buy at Cross Research... Coronado (CNDO) downgraded at Oppenheimer... Jamba (JMBA) downgraded at Wedbush... Sierra Wireless (SWIR) downgraded to Equal Weight from Overweight at Stephens.
News For A;PRU;S;WTM;MWV;OI;SON;UFS;SNX;SWIR;JMBA From The Last 14 Days
Check below for free stories on A;PRU;S;WTM;MWV;OI;SON;UFS;SNX;SWIR;JMBA the last two weeks.
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April 17, 2014
09:43 EDTSONSonoco Products management to meet with Oppenheimer
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07:36 EDTSONSonoco Products sees FY14 base EPS $2.43-$2.53, consensus $2.50
The company's 2014 guidance range reflects an expectation of a 33% effective tax rate for the year. Free cash flow is expected to be approximately $130M in 2014, compared to $245M in 2013. The year-over-year reduction reflects expectations for higher income tax payments, an increase in pension and post retirement plan contributions and a greater, but more-normal, use of cash for working capital.
07:35 EDTSONSonoco Products sees Q2 base EPS 63c-67c, consensus 66c
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07:34 EDTSONSonoco Products reports Q1 base EPS 52c, consensus 51c
Reports Q1 revenue $1.19B, consensus $1.2B.
April 16, 2014
11:41 EDTSONSonoco board increases quarterly dividend to 32c from 31c
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11:39 EDTSONSonoco to invest $20M for new Malaysian composite can plant
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April 14, 2014
09:10 EDTST-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTST-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
06:40 EDTSNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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April 13, 2014
16:57 EDTSSprint and Spotify plan to team up, Re/code says
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April 10, 2014
16:00 EDTAOptions Update; April 10, 2014
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April 9, 2014
11:15 EDTST-Mobile unveils $40 monthly price plan called 'Simple Starter'
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10:06 EDTOIOn The Fly: Analyst Initiation Summary
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08:13 EDTUFSDomtar downgraded to Sell from Neutral at Citigroup (yesterday)
Citigroup downgraded Domtar yesterday to Sell citing the recent rally in shares and earnings risk from the announced paper price hikes. Citi lowered its price target for shares to $90 from $106.
07:16 EDTOIOwens-Illinois initiated with a Neutral at Credit Suisse
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April 8, 2014
06:45 EDTOIOwens-Illinois receives EUR30M investment in its Alloa facility
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