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Stock Market & Financial Investment News

News Breaks
August 18, 2014
10:01 EDTRNR, MCY, INVN, ELY, WERN, NXPI, MXIM, CSTM, ARW, WCG, MNST, LVNTA, FRTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Arrow Electronics (ARW) downgraded to Neutral from Buy at Goldman... Callaway Golf (ELY) downgraded to Neutral from Buy at DA Davidson... Constellium (CSTM) downgraded to Neutral from Outperform at Credit Suisse... Federal Realty (FRT) downgraded to Hold from Buy at Jefferies... InvenSense (INVN) downgraded to Neutral from Buy at Goldman... Liberty Ventures (LVNTA) downgraded to Sell from Neutral at Citigroup... Maxim Integrated (MXIM) downgraded to Buy from Conviction Buy at Goldman... Mercury General (MCY) downgraded to Underperform at Keefe Bruyette... Monster Beverage (MNST) downgraded to Hold from Buy at Jefferies... NXP Semiconductors (NXPI) downgraded at Goldman... RenaissanceRe (RNR) downgraded to Sell from Hold at Deutsche Bank... WellCare (WCG) downgraded at Wedbush... Werner (WERN) downgraded to Underperform from Neutral at BofA/Merrill.
News For ARW;ELY;FRT;CSTM;INVN;LVNTA;MXIM;MCY;MNST;NXPI;RNR;WCG;WERN From The Last 14 Days
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July 2, 2015
10:29 EDTNXPINXP Semiconductors, Freescale shareholders approve merger
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07:57 EDTWCGKentucky Medicaid contracts in-line with expectations, says Leerink
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07:45 EDTWCGWellCare selected to continue serving Kentucky Medicaid Managed Care program
WellCare Health Plans announced that the Kentucky Cabinet for Health and Family Services selected WellCare of Kentucky to continue serving the Commonwealth's Medicaid Managed Care program in all eight of the program's regions. The new contract begins on July 1 and is for one year. It may be extended for four additional one-year renewals at the Commonwealth's discretion. As of March 31, WellCare serves approximately 441,000 Medicaid members, 6,000 Medicare Advantage plan members and 21,000 Medicare Prescription Drug Plan members in Kentucky.
July 1, 2015
12:54 EDTARWArrow Electronics signs distribution agreement with NovAtel
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07:42 EDTNXPICanaccord recommends three European semi names amid eurozone turmoil
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June 30, 2015
08:48 EDTNXPIFreescale to host special shareholder meeting
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08:40 EDTNXPINXP Semiconductors to host special shareholder meeting
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June 26, 2015
10:26 EDTMNSTMonster Beverage calls active
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June 25, 2015
11:06 EDTWCGHospitals, insurers climb after Supreme Court rules on ACA subsidies
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10:11 EDTWCGACA tax subsidies upheld by Supreme Court
The decision of the Fourth Circuit was affirmed in King v. Burwell by a vote of 6 to 3, according to multiple media reports. The Supreme Court upholding the lower court ruling means that individuals who get health insurance through an exchange established by the federal government will be eligible for tax subsidies in all 50 states. Publicly traded companies in the health insurance space include Aetna (AET), Anthem (ANTM), Centene (CNC), Cigna (CI), Health Net (HNT), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG). Publicly traded companies in the hospital space include Community Health (CYH), HCA Holdings (HCA), LifePoint (LPNT), Tenet (THC) and Universal Health (UHS).
07:39 EDTMNSTMonster Beverage legacy international sales can at least triple, says Stifel
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June 24, 2015
09:42 EDTARWArrow Electronics named preferred distributor of Freescale SCM
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09:36 EDTARWArrow Electronics upgraded to Buy from Hold at Cross Research
05:15 EDTCSTMConstellium, Linde announce joint development agreement
Constellium N.V. (CSTM) and Linde Gases, a division of The Linde Group (LNAGF), announced that they have signed a joint development agreement to use Linde's oxy-fuel technology in Constellium's recycling and melting furnaces, with a goal of cutting energy consumption by half while increasing melting rates by 20 percent. This announcement follows a long-term partnership with Linde in the area of energy-efficient re-melting technologies. The joint development agreement will build on the recent successful implementation of Linde's technology in Constellium's finishing and recycling aluminium facility of Neuf-Brisach, France, where two of the four rotary tilting furnaces have been converted to low-temperature oxy-fuel combustion technology. Following this implementation, Constellium was able to achieve greater productivity and to accelerate progress on its sustainability roadmap. The conversion of the remaining furnaces at the France plant is scheduled to be completed by the end of 2016.
June 23, 2015
07:49 EDTCSTMConstellium shares have 'meaningful' upside, says JPMorgan
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June 22, 2015
17:29 EDTMNSTCoca-Cola reports 16.7% stake in Monster Beverage
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09:54 EDTFRTBay Club Company acquires Santana Row location
The Bay Club Company, a property of Federal Realty, announced the addition of a 36,000 square-foot club in Santana Row, Silicon Valley’s premier shopping, dining, living and working destination.
06:37 EDTWCGHealth insurers may change policies based on King v. Burwell ruling, NYT says
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