New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 24, 2014
10:00 EDTITG, DPS, COV, COG, TSCDY, NNN, TEG, GTIV, DG, CLS, PPC, MCRS, GRC, ENTA, CTRP, CP, WWWW, NFX, ICE, AVOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Aviva (AV) downgraded to Neutral from Buy at UBS... Cabot Oil & Gas (COG) downgraded at Morgan Stanley... Canadian Pacific (CP) downgraded to Neutral from Buy at Buckingham... Celestica (CLS) downgraded to Market Perform from Outperform at Raymond James... Covidien (COV) downgraded to Market Perform from Outperform at Leerink... Ctrip.com (CTRP) downgraded to Hold from Buy at Stifel... Dollar General (DG) downgraded to Buy from Conviction Buy at Goldman... Dr Pepper Snapple (DPS) downgraded to Neutral from Buy at Citigroup... Enanta (ENTA) downgraded to Neutral from Outperform at RW Baird... Gentiva Health (GTIV) downgraded to Fair Value from Buy at CRT Capital... Gorman-Rupp (GRC) downgraded to Neutral from Buy at Sidoti... ITG (ITG) downgraded to Neutral from Overweight at JPMorgan... Integrys Energy (TEG) downgraded to Neutral from Outperform at RW Baird... IntercontinentalExchange (ICE) downgraded to Market Perform at Wells Fargo... MICROS (MCRS) downgraded to Neutral from Outperform at Wedbush... National Retail Properties (NNN) downgraded to Neutral from Buy at BofA/Merrill... Newfield Exploration (NFX) downgraded to Hold from Accumulate at KLR Group... Pilgrim's Pride (PPC) downgraded to Equal Weight from Overweight at Stephens... Tesco (TSCDY) downgraded to Neutral from Outperform at Exane BNP Paribas... Web.com (WWWW) downgraded to Neutral from Buy at B. Riley.
News For AV;COG;CP;CLS;COV;CTRP;DG;DPS;ENTA;GTIV;ITG;GRC;TEG;ICE;MCRS;NNN;NFX;PPC;TSCDY;WWWW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 7, 2015
10:04 EDTCTRPHigh option volume stocks
Subscribe for More Information
09:09 EDTCPCowen freight analyst holds an analyst/industry conference call
Subscribe for More Information
05:59 EDTTSCDYReport: KKR rejoins bidding process for Tesco's South Korean unit, Reuters ssays
Subscribe for More Information
05:45 EDTTSCDYTesco holds top position in Irish supermarket battle, The Independent reports
Tesco has regained its top position in Irish supermarkets, reports The Independent. According to new data from Kantar Worldpanel, Tesco controls 25.1% of the Irish grocery market while Supervalu controls 24.7%. Reference Link
July 1, 2015
05:54 EDTCTRPCtrip.com recommended into Q2 earnings report at Piper Jaffray
Piper Jaffray analyst Michael Olson recommends owning shares of Ctrip.com into the company's Q2 earnings report. Olson views China travel fundamentals as solid and sees potential for Ctrip's margin expansion to top expectations. He reiterates an Overweight rating on the stock with a $91 price target.
June 30, 2015
13:04 EDTICEIntercontinentalExchange management to meet with UBS
Meeting to be held in Frankfurt on July 1 hosted by UBS.
12:08 EDTCPCanadian Pacific to buy 308K shares from arm’s length third party for C$55.8M
Subscribe for More Information
10:01 EDTNFXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:09 EDTCPRail estimates need to come down further, says Citi
Citi analyst Christian Wetherbee noted that consensus estimates in the rail sector for Q2 EPS have fallen an average of 8% since the firm moved below consensus last month, but believes the numbers have to come down further. Wetherbee cut his Q2 estimates by another 5%, lowered Q3 by 4% and cut his forecast for 2016 EPS by 3% and lowered price targets on stocks in the space by 6% on average. Wetherbee added that he believes Union Pacific (UNP) and Norfolk Southern (NSC) have the highest the pre-announcement risk in the group and lowered his targets on those stocks, as well as for Canadian National (CNI), Canadian Pacific (CP), CSX (CSC) and Kansas City Southern (KSU).
07:33 EDTENTAEnanta appoints Nathalie Adda as SVP, chief medical officer
Enanta Pharmaceuticals (ENTA) announced the appointment of Nathalie Adda, M.D., as senior VP and chief medical officer, responsible for clinical and regulatory affairs. Most recently, Adda was chief medical officer, VP Clinical Development, Medical and Regulatory Affairs at Transgene (TRNG), where she led the Oncology and Infectious Disease programs since 2012.
06:41 EDTNFXNewfield Exploration initiated with a Buy at BofA/Merrill
Subscribe for More Information
June 29, 2015
10:37 EDTTEGWisconsin Energy completes acquisition of Integrys
Wisconsin Energy (WEC) announced it has completed the acquisition of Integrys Energy (TEG), forming the WEC Energy Group. The new company will provide electricity and natural gas to 4.4M customers across four states through its customer facing brands. The new dividend level for Wisconsin Energy shareholders – as previously announced – is effective today and represents an increase of 8.3% over the previous quarterly rate. The payout target for the combined company is 65%-70% of earnings. In connection with the acquisition, shares of Integrys common stock will be delisted and cease trading on the New York Stock Exchange before trading opens on June 30. Under the terms of the merger agreement, shareholders of Integrys will receive 1.128 shares of Wisconsin Energy Common stock and $18.58 in cash for each share of Integrys common stock they held immediately prior to the closing of the acquisition.
June 26, 2015
17:18 EDTTEGJ.B. Hunt to replace Integrys Energy in S&P 500 as of 6/30 close
Subscribe for More Information
15:14 EDTTEGWisconsin Energy, Integrys deal to close on June 29
Subscribe for More Information
June 25, 2015
10:00 EDTWWWWOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AT&T (T) upgraded to Buy from Neutral at BofA/Merrill... Eli Lilly (LLY) upgraded to Buy, added to US 1 List at BofA/Merrill... Finish Line (FINL) upgraded to Buy from Neutral at B. Riley... Gran Tierra (GTE) upgraded to Buy from Hold at Canaccord... Greenhill & Co. (GHL) upgraded to Buy from Sell at Goldman... Magnum Hunter (MHR) upgraded to Equalweight from Underweight at Capital One... Marathon Oil (MRO) upgraded to Buy from Neutral at UBS... Newpark Resources (NR) upgraded to Strong Buy from Outperform at Raymond James... Office Depot (ODP) upgraded to Outperform from Market Perform at Telsey Advisory... Quanex (NX) upgraded to Outperform from In-Line at Imperial Capital... Vestas Wind (VWDRY) upgraded to Outperform from Neutral at Exane BNP Paribas... Web.com (WWWW) upgraded to Buy from Neutral at B. Riley... NRG Yield upgraded to Outperform from Market Perform at Avondale.
08:01 EDTDGDollar General names John Garratt as interim CFO, effective July 1
Subscribe for More Information
06:28 EDTWWWWWeb.com upgraded to Buy from Neutral at B. Riley
Subscribe for More Information
June 24, 2015
13:42 EDTTEGWisconsin Energy says Illinois approves acquisition of Integrys Energy
Subscribe for More Information
June 23, 2015
09:35 EDTWWWWWeb.com downgraded to Neutral from Buy at Citi
Subscribe for More Information
07:25 EDTCOVPiper Jaffray to hold a summit
2015 Piper Jaffray Heartland Summit is being held in Minneapolis on June 23-24.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use