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Stock Market & Financial Investment News

News Breaks
August 19, 2014
10:13 EDTMRKT, SAFM, OCUL, RPTP, NADL, SCL, PSG, GMED, LOCO, JAZZ, FIATY, BITA, INNL, FARO, ATHMOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Autohome (ATHM) initiated with a Buy at Brean Capital... Bitauto (BITA) initiated with a Buy at Brean Capital... El Pollo Loco (LOCO) initiated with a Hold at Jefferies... FARO Technologies (FARO) initiated with an Overweight at Stephens... Fiat (FIATY) initiated with an Underperform at Credit Suisse... Globus Medical (GMED) initiated with a Buy at Gabelli... Innocoll (INNL) initiated with a Buy at Stifel... Jazz Pharmaceuticals (JAZZ) initiated with an Overweight at JPMorgan... Markit (MRKT) initiated with an Outperform at Credit Suisse... North Atlantic Drilling (NADL) initiated with a Neutral at Goldman... Ocular Therapeutix (OCUL) initiated with an Outperform at Cowen... Performance Sports Group (PSG) initiated with an Overweight at Morgan Stanley... Raptor Pharmaceuticals (RPTP) coverage transferred with an Outperform at Cowen... Sanderson Farms (SAFM) initiated with a Buy at Sidoti... Stepan Company (SCL) initiated with a Hold at KeyBanc.
News For ATHM;BITA;LOCO;FARO;FIATY;GMED;INNL;JAZZ;MRKT;NADL;OCUL;PSG;RPTP;SAFM;SCL From The Last 14 Days
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January 28, 2015
15:03 EDTSAFMSanderson Farms management to meet with Sidoti
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January 22, 2015
09:16 EDTNADLOn The Fly: Pre-market Movers
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08:49 EDTNADLNorth Atlantic Drilling says Seadrill to back 2018 bond in trade for amendments
North Atlantic Drilling (NADL) announces the launch of an amendment process whereby Seadrill Limited (SDRL) will provide a guarantee for the company's NOK 1.5B bond maturing in 2018, in exchange for some amendments to the bond covenant package, namely replacing the NADL's current financial covenants with Seadrill's financial covenants from Seadrill's NOK denominated bonds. Concurrent with the amendment process for the Bond Agreement, NADL has also launched an amendment process for its secured credit facilities whereby Seadrill Limited will provide a guarantee. Successful conclusion of this process will amend the terms of the loan agreements to align with the terms set forth in Seadrill Limited's loan agreements. "The company's lenders have been supportive thus far and we expect successful conclusion of this amendment in the weeks to come," the company stated. North Atlantic Drilling shares are up 19% in pre-market trading following the announcement.
January 21, 2015
19:18 EDTFIATYLower oil prices could boost car and truck sales, CNBC reports
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11:32 EDTATHMUBS Group AG reports 7.56% passive stake in Autohome
08:04 EDTOCULOcular Therapeutix enrolls first patient in Phase 2 OTX-DP trial
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January 20, 2015
16:12 EDTSCLStepan Company to sell polyurethane business to J6 Polymers
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07:26 EDTLOCOJefferies to hold a summit
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January 16, 2015
09:36 EDTPSGPerformance Sports downgraded to Sector Perform from Outperform at Scotia
06:11 EDTFIATYEU says Amazon's tax deal with Luxembourg may violate laws, WSJ reports
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January 15, 2015
08:30 EDTFIATYEU to publish details of Amazon's tax deal with Luxembourg, Reuters reports
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