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Stock Market & Financial Investment News

News Breaks
December 11, 2012
10:00 EDTARW, AWR, HSP, EPR, XUE, LPL, CBL, BCRX, FWLTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Arrow Electronics (ARW) downgraded to Underperform from Outperform at CLSA... CBL & Associates (CBL) downgraded to Neutral from Buy at Goldman... Entertainment Properties (EPR) downgraded to Neutral from Buy at Goldman... Foster Wheeler (FWLT) downgraded to Neutral from Buy at Lazard Capital... Hospira (HSP) downgraded to Sell from Neutral at Goldman... LG Display (LPL) downgraded to Sell from Hold at Topeka... BioCryst (BCRX) downgraded to Hold from Buy at Noble Financial... Xueda Education (XUE) downgraded to Sell from Buy at Goldman... American States Water (AWR) downgraded to Neutral from Buy at Ladenburg.
News For ARW;CBL;EPR;FWLT;LPL;HSP;BCRX;XUE;AWR From The Last 14 Days
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May 21, 2015
08:05 EDTAWRAmerican States Water authorized to repurchase up to 1.2M shares
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May 20, 2015
09:52 EDTHSPAlliance for Health Reform holds a webcast on biosimilars
"Biosimilars in the U.S.: Current & Emerging Issues" provides essential background on the U.S. and international markets for reference biologics and biosimilars, outline current policy and regulatory issues, and describe implications for the future. Speakers include Chief Scientific Officer Ramachandra from Hospira, Executive Director Eich from Amgen on the briefing being held on May 20 at 12 pm. Webcast Link
07:34 EDTXUEXueda Education retains financial advisor and legal counsel
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May 19, 2015
16:23 EDTXUEXueda Education sees Q2 non-GAAP EPS 17c-19c, consensus 26c
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16:13 EDTXUEXueda Educ' reports Q1 non-GAAP EPS 2c, may not compare with one estimate (4c)
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May 18, 2015
15:17 EDTBCRXBioCryst management to meet with JPMorgan
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May 15, 2015
08:51 EDTXUEXueda Education forms special committee to evaluate previously disclosed bid
Xueda Education Group announced last night that its board has formed a committee of independent directors to evaluate the preliminary non-binding proposal letter dated April 20 from Insight Investment Co., a Chinese company listed on the Shenzhen Stock Exchange, to acquire all of the company's outstanding shares. Each of the co-founders of the company currently intend to form a consortium with Insight Investment in connection with the proposal. The founders currently beneficially own, in the aggregate, shares of the company representing approximately 58.8% of the issued and outstanding shares of the company, Xueda noted.
May 14, 2015
12:29 EDTHSPPfizer receives 'second request' from FTC regarding potential Hospira merger
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May 13, 2015
19:17 EDTHSPHospira and FDA detect security vulnerabilities in infusion pumps
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13:43 EDTHSPHospira shareholders approve merger with Pfizer
Hospira (HSP) announced that Hospira shareholders voted in favor of the proposal to adopt the merger agreement with Pfizer (PFE) at a special meeting of stockholders held May 13 in Denver, Colorado. On February 5, Hospira and Pfizer announced they had entered into a merger agreement under which Pfizer will acquire Hospira for $90 per share in cash for a total enterprise value of approximately $17B. The merger is subject to customary closing conditions, one of which was approval of the merger by Hospira's shareholders. Additional closing conditions to be met include obtaining regulatory approvals in several jurisdictions. Hospira and Pfizer continue to expect the merger to close in the second half of 2015.
07:00 EDTBCRXBioCryst initiates Phase 1 clinical trial of angioedema candidate
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May 12, 2015
06:58 EDTLPLApple examines new nano material touch panels, ETNews reports
Apple (AAPL) is planning to example nano new material on touch panels, reports ETNews. The company expects the new technology to raise sense of touch and decrease cost. According to unnamed sources, Apple requested AgnW touch-panel samples that is verified for mass-production from LG Display (LPL), Samsung Display (SSNLF), Japan Display and other suppliers. Reference Link

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