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Stock Market & Financial Investment News

News Breaks
January 14, 2013
10:07 EDTDRQ, S, AON, WERN, ARG, HRB, SPWR, VAR, WFC, SNI, RUSHA, PXP, AXP, EMC, HUN, IBM, JDSU, MXIM, NOK, ODFL, ARMHOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ARM Holdings (ARMH) downgraded to Neutral from Overweight at Piper Jaffray... American Express (AXP) downgraded to Neutral from Buy at Goldman... EMC (EMC) downgraded to Neutral from Overweight at JPMorgan... Huntsman (HUN) downgraded to Market Perform from Outperform at Wells Fargo... IBM (IBM) downgraded to Neutral from Overweight at JPMorgan... JDSU (JDSU) downgraded to Neutral from Buy at Goldman... Maxim Integrated (MXIM) downgraded to Neutral from Outperform at Credit Suisse... Nokia (NOK) downgraded to Underweight from Equal Weight at Barclays... Old Dominion (ODFL) downgraded to Hold from Buy at Deutsche Bank... Plains Exploration (PXP) downgraded to Neutral from Positive at Susquehanna... Rush Enterprises (RUSHA) downgraded to Hold from Buy at Wunderlich... Scripps Networks (SNI) downgraded to Hold from Buy at Deutsche Bank... Werner (WERN) downgraded to Hold from Buy at Deutsche Bank... Airgas (ARG) downgraded to Neutral from Buy at BofA/Merrill... H&R Block (HRB) downgraded to Underweight from Equal Weight at Morgan Stanley... SunPower (SPWR) downgraded to Sell from Underperform at CLSA... Varian Medical (VAR) downgraded to Neutral from Buy at Lazard Capital... Wells Fargo (WFC) downgraded to Perform from Outperform at Oppenheimer... Aon Corp. (AON) downgraded to Neutral from Buy at Sterne Agee... Sprint (S) downgraded to Neutral from Overweight at JPMorgan... Dril-Quip (DRQ) downgraded to Accumulate from Buy at Global Hunter.
News For ARMH;AXP;EMC;HUN;IBM;JDSU;MXIM;NOK;ODFL;PXP;RUSHA;SNI;WERN;ARG;HRB;SPWR;VAR;WFC;AON;S;DRQ From The Last 14 Days
Check below for free stories on ARMH;AXP;EMC;HUN;IBM;JDSU;MXIM;NOK;ODFL;PXP;RUSHA;SNI;WERN;ARG;HRB;SPWR;VAR;WFC;AON;S;DRQ the last two weeks.
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August 21, 2014
11:49 EDTSSprint announces $60 per month unlimited wireless plan
Sprint (S) announces an unlimited wireless plan for $60. The plan provides consumers unlimited talk, text and data while on Sprint's network for $60 per month, a $20 savings compared to T-Mobile's (TMUS) $80 per month unlimited plan, the wireless carrier said. The Sprint $60 Unlimited Plan is available to both new and existing Sprint customers starting tomorrow, August 22. To qualify for the plan, customers must purchase their device through Sprint Easy Pay, pay full retail price or bring their own compatible device.
11:44 EDTIBMHP hits 52-week high after solid revenue growth, positive analyst commentary
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09:03 EDTIBMIBM cloud technology selected by Wespac
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09:02 EDTIBMIBM's private cloud resilence services selected by Ujjivan Financial
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09:01 EDTIBMIBM partners with Veda
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08:53 EDTMXIMMaxim Integrated management to meet with Needham
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06:43 EDTWFCRegulators up bank warning efforts for poor risk assessment, Reuters says
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05:52 EDTNOKStocks with implied volatility movement; NOK WLT
Stocks with implied volatility movement; Nokia (NOK) 30, Walter Energy (WLT) 62 according to iVolatility.
August 20, 2014
06:02 EDTWFCWells Fargo wins approval for $62.5M settlement, Charlotte Observer says
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August 19, 2014
13:42 EDTWFCWells Fargo looks to bulk up asset-management business, WSJ says
Wells Fargo is looking to increase the size of its asset-management business to over $1T over the next decade by making acquisitions of smaller asset managers and more aggressive sales to larger investors, says the Wall Street Journal. Reference Link
12:42 EDTSOn The Fly: Midday Wrap
The market opened higher as it extended its gains from yesterday. Better than expected economic data on housing and consumer prices, as well as easing geopolitical tensions, has helped aid investor optimism. The market drifted higher throughout the morning with the Dow leading the way, followed by the Nasdaq, which is now near fourteen-year highs. The S&P is mostly higher, with the telecom services group being the lone sector showing losses, down just fractionally. ECONOMIC EVENTS: Housing starts for July rose to an annualized pace of 1.093M units, up from 0.945M units in June, and beating expectations for 0.963M units... The Consumer Price Index increased 0.1% overall, matching expectations. Less food and energy, the CPI was up 0.1%, which was also in-line with the consensus forecast. COMPANY NEWS: Shares of home improvement retailer The Home Depot (HD) are up more than 6% after the company posted better than expected second quarter results and raised its full year profit outlook... Shares of Sprint (S) are down 4% after Jefferies lowered its price target for Sprint shares to $4, saying it continues to see downside to estimates. MAJOR MOVERS: Shares of Skilled Healthcare (SKH) are up more than 20% after combining with Genesis HealthCare In 100% stock deal... Shares of cosmetics and fragrance company Elizabeth Arden (RDEN) are down 24% after the company's fourth quarter results came in well below analysts' consensus estimates. INDEXES: Near midday, the Dow was up 76.92, or 0.46%, to 16,915.66, the Nasdaq was up 12.96, or 0.29%, to 4,521.27, and the S&P 500 was up 8.49, or 0.43%, to 1,980.23.
11:05 EDTIBMImperva seen as takeover candidate under new CEO
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10:13 EDTAXPOn The Fly: Analyst Upgrade Summary
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08:42 EDTIBMImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.
08:11 EDTEMCVMware promotes Betsy Sutter to SVP, Chief People Officer
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08:09 EDTEMCVMware updates executive responsibilities
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07:48 EDTAXPAmerican Express upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded American Express to Neutral based on valuation. Price target remains $91.
07:46 EDTHUNJacobs designs and builds iron sulfate plant for Huntsman pigments in Italy
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07:39 EDTSSprint price target lowered to $4 from $7 at Jefferies
Jefferies lowered its price target for Sprint shares to $4 saying it continues to see downside to estimates. The firm expects a "muted response" to Sprint's new Family Pack pooled data plan and limited time promotion of waiving device access charges. It keeps an Underperform rating on the stock.
07:12 EDTSFCC looks into telecom special access line rates, Reuters says
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