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Stock Market & Financial Investment News

News Breaks
February 14, 2014
10:07 EDTTSCO, FWLT, CBA, CADX, ATK, SMS, AVGO, CNMD, TRGP, EQM, CVE, AEM, MAT, CCE, HWAY, MANU, DISH, PRSS, ARO, GNC, CHGGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ATK (ATK) downgraded to Market Perform from Outperform at Cowen... Aeropostale (ARO) downgraded to Market Perform from Outperform at BMO Capital... Agnico-Eagle (AEM) downgraded to Neutral from Buy at UBS... Cadence (CADX) downgraded to Neutral from Buy at Guggenheim... CafePress (PRSS) downgraded to Hold from Buy at Cantor... Cenovus Energy (CVE) downgraded to Hold from Buy at Canaccord... ClearBridge American (CBA) downgraded to Neutral from Buy at BofA/Merrill... DISH (DISH) downgraded to Neutral from Buy at Citigroup... EQT Midstream Partners (EQM) downgraded to Neutral from Outperform at Credit Suisse... Foster Wheeler (FWLT) downgraded to Hold from Buy at BB&T... Manchester United (MANU) downgraded to Market Perform from Outperform at Raymond James... Targa Resources (TRGP) downgraded to Market Perform from Outperform at Wells Fargo... Tractor Supply (TSCO) downgraded to Perform from Outperform at Oppenheimer... CONMED (CNMD) downgraded to Neutral from Buy at Ladenburg... Healthways (HWAY) downgraded to Neutral from Buy at Dougherty... Chegg (CHGG) downgraded at BofA/Merrill... Cenovus Energy (CVE) downgraded to Hold from Buy at TD Securities... Coca-Cola Enterprises (CCE) downgraded to Neutral from Overweight at HSBC... Avago (AVGO) downgraded to Neutral from Buy at DA Davidson... GNC Holdings (GNC) downgraded to Neutral from Buy at Goldman... Mattel (MAT) downgraded to Hold from Buy at Argus... Sims Metal (SMS) downgraded to Neutral from Buy at BofA/Merrill.
News For ATK;ARO;AEM;CADX;PRSS;CVE;CBA;DISH;EQM;FWLT;MANU;TRGP;TSCO;HWAY;CNMD;CHGG;CCE;AVGO;GNC;MAT;SMS From The Last 14 Days
Check below for free stories on ATK;ARO;AEM;CADX;PRSS;CVE;CBA;DISH;EQM;FWLT;MANU;TRGP;TSCO;HWAY;CNMD;CHGG;CCE;AVGO;GNC;MAT;SMS the last two weeks.
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April 16, 2014
10:03 EDTAEMYamana Gold and Agnico Eagle Mines to hold joint conference call
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10:00 EDTAEMAgnico-Eagle falls 4.8%
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09:26 EDTAEMYamana Gold and Agnico-Eagle reach acquisition agreement with Osisko Mining
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08:56 EDTCNMDCONMED could be worth $59 per share in buyout, says Needham
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08:32 EDTATKATK awarded $178M contract by United Launch Alliance
ATK has reached agreement on a $178M contract award as part of the Air Force's Phase 1 Evolved Expendable Launch Vehicle buy from United Launch Alliance.The initial contracting period includes large composite structures with deliveries commencing in AFY14 and continuing into early AFY18.
April 15, 2014
17:53 EDTTRGPTarga Resources boosts dividend 7% to 64.75c per unit
Targa Resources announced that its board of directors declared a quarterly cash dividend of 64.75c per share for Q1, a 7% increase over the dividend for the prior quarter. This cash dividend will be paid May 16 on all outstanding common shares to holders of record as of the close of business on April 28.
16:32 EDTCNMDCONMED exploring sale of company, Reuters reports
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15:35 EDTCNMDCONMED moves higher following report of exploring sale
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15:35 EDTCNMDCONMED asks financial advisers to explore sale of company, Reuters says
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10:20 EDTDISHDirecTV to stop carrying WWE pay-per-views, PWTorch says
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08:10 EDTMATMattel April volatility elevated at 60 into Q1 and outlook
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April 14, 2014
07:32 EDTFWLTFoster Wheeler awarded contract for incinerator in Vietnam
Foster Wheeler announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for the design and supply of a carbon monoxide incinerator package for a residue fluidized catalytic cracker. The contract was awarded by JGC, which is acting on behalf of the engineering, procurement and construction consortium for the $9B Nghi Son Refinery and Petrochemical complex to be constructed in the Nghi Son Economic Zone, Thanh Hoa Province, Socialist Republic of Vietnam. The Foster Wheeler contract value was not disclosed and will be included in the company’s 1Q14 bookings. Foster Wheeler will design the incinerator in accordance with the CO emissions requirements of the new complex. The CO incinerator is expected to be shipped free on board as one single module during 2Q15.
April 11, 2014
09:04 EDTAROAeropostale price target lowered to $5 from $7.50 at BofA/Merrill
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07:26 EDTDISHTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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April 10, 2014
08:18 EDTAVGOMicron licenses SerDes IP from Avago for Hybrid Memory Cube
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07:59 EDTATKATK price target raised to $150 from $140 at Cowen
Cowen raised its price target on ATK following channel checks which suggest upside to 2015 earnings. The firm cited potential for margins expansion, higher than expected accretion from its Bushnell acquisition, and higher than expected share repurchases. Shares are Market Perform rated.
April 9, 2014
16:03 EDTAVGOLSI Corp. stockholders approve acquisition by Avago
LSI Corporation (LSI) announced that its stockholders approved the previously announced merger agreement with Avago Technologies (AVGO) at a special meeting of stockholders. Upon the closing of the merger, stockholders of LSI will be entitled to receive $11.15 per share in cash, without interest, less any required tax withholding. Completion of the merger is subject to remaining regulatory approvals in various jurisdictions and LSI expects the merger to close in the first half of 2014.
10:06 EDTAROOn The Fly: Analyst Downgrade Summary
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08:32 EDTATKATK awarded $186M in ammunition contracts from U.S. allies
ATK has received international contracts from U.S. allies totaling $186M for ammunition that spans multiple calibers as well as ammunition services.
07:28 EDTAVGOAvago price target raised to $76 from $65 at Canaccord
Canaccord raised its price target on Avago (AVGO) citing its growth potential in the China TD-LTE market, strong RF participation in the smartphones market, and improved margins following the close of its acquisition of LSI Corp (LSI). Shares are Buy rated.
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