New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 10, 2014
10:37 EDTXXII, TREX, BEAV, ATML, ZTS, VRSN, TAP, QEP, REN, ACHN High option volume stocks
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
November 19, 2015
10:00 EDTQEPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Dick's Sporting (DKS) upgraded to Buy from Neutral at Monness Crespi... Fairchild (FCS) upgraded to Neutral from Underperform at Credit Suisse... Fiesta Restaurant (FRGI) upgraded to Strong Buy from Outperform at Raymond James... General Dynamics (GD) upgraded to Buy from Hold at Argus... Genomic Health (GHDX) upgraded to Outperform from Market Perform at Cowen... National Grid (NGG) upgraded to Outperform from Sector Perform at RBC Capital... ON Semiconductor (ON) upgraded to Buy from Neutral at Citi... Papa John's (PZZA) upgraded to Buy from Neutral at Sidoti... QEP Resources (QEP) upgraded to Buy from Neutral at Goldman... Seagate (STX) upgraded to Buy on selloff, dividend yield at Craig-Hallum... Sunoco (SUN) upgraded to Outperform at Credit Suisse... Tetraphase (TTPH) upgraded to Buy from Neutral at SunTrust... Wendy's (WEN) upgraded to Conviction Buy from Neutral at Goldman.
08:48 EDTATMLDialog shareholders approve allocation of shares to complete Atmel takeover
Dialog Semiconductor (DLGNF) announced that at an extraordinary general meeting of shareholders held today, the Dialog shareholders have approved the allocation of shares required to complete the company's previously announced acquisition of Atmel Corporation (ATML). The resolution was approved by a vote of 61.94% of the shares represented at the meeting. The transaction remains subject to approval of Atmel's stockholders and other customary conditions. The parties continue to expect completion of the transaction during the first quarter of 2016.
08:47 EDTATMLDialog says resolution in favor of Atmel takeover passed at General Meeting
Subscribe for More Information
08:14 EDTQEPQEP Resources upgraded to Buy from Neutral at Goldman
Goldman transferred coverage on QEP Resources with a Buy rating from a Neutral rating and $19 price target. Analyst Pavan Hoskote expects shares to outperform from recently acquired assets that will drive strong 2016 oil growth, cash flow above spending, and attractive low leverage.
November 18, 2015
10:10 EDTATMLOptions with decreasing implied volatility
Options with decreasing implied volatility: INSY PRGO SYF KSS LOCO ATML JWN JD MEG MWE
November 17, 2015
12:04 EDTZTSZoetis management to meet with Guggenheim
Meeting to be held in New York on November 17 hosted by Guggenheim.
08:10 EDTQEPMitsubishi UFJ to hold a conference
Oil & Gas Conference is being held in New York on November 17.
08:03 EDTZTSZoetis says EU approves Simparica=
Subscribe for More Information
November 16, 2015
19:32 EDTQEPQEP Resources management to meet with JPMorgan
Meeting to be held in New York on November 18 hosted by JPMorgan.
17:02 EDTQEPPoint72 added to lululemon position, subtracted from Netflix position
Subscribe for More Information
15:53 EDTZTSJANA Partners reduces stakes in Rackspace, Qualcomm
JANA Partners gave a quarterly update on its stakes in a filing this afternoon. NEW STAKES: Mattel (MAT), Zoetis (ZTS), and Aramark (ARMK). INCREASED STAKES: ConAgra Foods (CAG). DECREASED STAKES: Rackspace (RAX), Qualcomm (QCOM), Time Warner (TWX), Starz (STRZA), and Lions Gate (LGF). LIQUIDATED STAKES: Johnson Controls (JCI), Precision Castparts (PCP), AerCap Holdings (AER), United Rentals (URI), and HD Supply Holdings (HDS).
11:22 EDTZTSZoetis removed from US 1 List at BofA/Merrill
Subscribe for More Information
09:59 EDTQEPOmega bought Valeant in Q3, sold some SuneEdison
Leon Cooperman's Omega Advisors gave a quarterly update on its stakes in a filing this morning, disclosing its positions as of September 30. NEW STAKES: Pfizer (PFE), Valeant (VRX) Walgreens Boots Alliance (WBA), TerraForm Global (GLBL), Cigna (CI). INCREASED STAKES: Google Class A (GOOGL), Facebook (FB), Delta Air Lines (DAL). DECREASED STAKES: SunEdison (SUNE), Shire (SHPG), Citi (C), KAR Auction (KAR), LyondellBasell (LYB). LIQUIDATED STAKES: McKesson (MCK), 21st Century Fox (FOXA), General Motors (GM), QEP Resources (QEP), eBay (EBAY).
07:47 EDTTAPMolson Coors price target raised to $106 from $95 at Cowen
Cowen raised its price target on Molson Coors to $106 from $95 citing accretion from its purchase of the MillerCoors joint venture and free cash flow yield. Cowen reiterated its Outperform rating on Molson Coors shares.
November 13, 2015
17:04 EDTTAPThird Point gives quarterly update on stakes
Subscribe for More Information
16:26 EDTTAPStocks end week lower as retail gets routed
Stocks ended the week sharply lower after weak retail earnings reports, highlighted by Macy's (M), were followed by a worse than expected government report on retail sales performance in October. MACRO NEWS: In the U.S., retail sales rose 0.1% in the month of October, versus expectations for an increase of 0.3%. When autos and gas are removed, the core reading was up 0.3%, versus expectations for a rise of 0.4%. Producer prices fell 0.4%, versus expectations for them to be up 0.2%. When food and energy are removed, the core reading was down 0.3%, versus expectations for it to be up 0.1%. Business inventories grew 0.3% in September while sales were flat compared to August. Consumer sentiment, as measured by the preliminary print from the University of Michigan survey, improved 3.1 points to 93.1 in November, which was better than the 91.5 reading that was expected. In Europe, data showed that eurozone's economy grew by just 0.3% in the third quarter, which was a slowdown from the 0.4% GDP growth recorded three months earlier and weaker than the 0.4% consensus growth forecast. In China, exports declined for a fourth straight month in October, sliding 3.6%, while imports fell for a 12th straight month, declining 16% in yuan terms. China's foreign-exchange reserves rose in October for the first time in six months, increasing to $3.53T from $3.51T at the end of September, the People's Bank of China reported. Industrial output in China rose 5.6% in October, matching March's reading as the weakest since 2008. Retail sales climbed 11% last month, beating expectations. COMPANY NEWS: Shares of retailers broadly declined following disappointing earnings reports and commentary from a number of department store operators, including Macy's, Nordstrom (JWN) and J.C. Penney (JCP). Weather was cited by a number of them, and analysts also pointed to the continued rise in competition felt by brick-and-mortar retailers from e-commerce players, mainly (AMZN)... Among earnings reporters outside of the retail sector, Viacom (VIAB) and Rackspace (RAX) rose immediately following their reports, while Cisco (CSCO), Priceline (PCLN), Hertz (HTZ), and Advance Auto Parts (AAP) fell right after their own... During the company's investor meeting, McDonald's (MCD) raised its global refranchising target to 4,000 restaurants through 2018 with a new long-term goal to become 95% franchised, announced plans to increase its dividend by 5% and said that after "robust" debate it had decided to not pursue a REIT spin-off transaction for its real estate holdings... Anheuser-Busch InBev (BUD) and SABMiller (SBMRY) came to terms on a deal to combine the companies in a transaction worth $107B. In relation to their deal, Molson Coors (TAP) agreed to purchase SABMiller's 58% stake in MillerCoors, the joint venture formed in the United States in 2008, in a deal valued at $12B. Molson Coors was the biggest winner in terms of percentage stock gains immediately following the announcements, rising over 4% on Wednesday... Mylan (MYL) jumped after the company's offer to acquire Perrigo (PRGO) failed, ending a seven-month fight between the two drugmakers. Perrigo Chief Executive Officer Joseph Papa said he was "delighted" that his company's shareholders rejected the offer and the company added that it will immediately commence its previously announced $2B share buyback program, but its shares slid in the wake of the shareholder vote... PayPal (PYPL) shares saw three straight days of losses after the Wall Street Journal reported that Apple (AAPL) is working on a mobile payments service that could compete with the firm's Venmo platform... Angie's List (ANGI) advanced after IAC/InterActiveCorp (IACI), the parent company of HomeAdvisor, made public a $8.75 per share cash buyout offer. Yelp (YELP), which also connects people with local businesses via its web-based and mobile services, also rose following the revelation of the takeout bid for Angie's List... Alibaba Group (BABA) reported blockbuster sales for the 11.11 shopping festival, better known as "Singles' Day." By the end of Wednesday in China, gross merchandise volume on Alibaba's platforms hit $14.3B, far exceeding last year's 24-hour total of $9.3B and topping the company's $11B forecast. INDEXES: The Dow lost about 3.7% to close at 17,245.24, the S&P 500 fell about 4.25% to close at 2,023.04, and the Nasdaq declined about 3.6% to close at 4,927.88.
12:05 EDTATMLElliott increases stake in Dialog Semiconductor to 5%
Elliott International issued a letter to shareholders of Dialog Semiconductor (DLGNF) informing them that they increased its interest in the company to 5% and urges shareholders to vote AGAINST the company's agreement to acquire Atmel (ATML).
06:48 EDTATMLDialog says Atmel deal cleared in U.S., Germany, Bloomberg says
Dialog Semiconductor (DLGNF) said it has earned clearance from German and U.S. authorities for its $4.6B takeover of Atmel (ATML), Bloomberg reports.The U.S. DoJ and FTC have given early termination of the waiting period for the transaction, and Germany's Federal Cartel Office has provided notification that the deal has been approved to proceed, the report says. Reference Link
November 12, 2015
08:05 EDTTAPAB InBev price target of $157 may be conservative, says Susquehanna
Subscribe for More Information
05:35 EDTTAPMolson Coors implied volatility of 26 at lower end of index mean range
Subscribe for More Information
1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use