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Stock Market & Financial Investment News

News Breaks
March 19, 2014
10:17 EDTGGS, YGE, OWW, AV, EPL, WD, IO, LFL, BANC, SUSS, HSBCOn The Fly: Analyst Downgrade Summary
Aviva (AV) downgraded to Underperform from Neutral at Exane BNP Paribas... HSBC (HSBC) downgraded to Underperform from Outperform at Credit Suisse... ION Geophysical (IO) downgraded to Equal Weight from Overweight at Barclays... Orbitz (OWW) downgraded to Sell from Neutral at Goldman... Susser Holdings (SUSS) downgraded to Market Perform from Outperform at Raymond James... Walker & Dunlop (WD) downgraded to Market Perform from Outperform at Keefe Bruyette... Yingli Green Energy (YGE) downgraded to Neutral from Buy at BofA/Merrill... Banc of California (BANC) downgraded to Neutral from Buy at DA Davidson... EPL Oil & Gas (EPL) downgraded to Hold from Buy at KLR Group... Global Geophysical (GGS) downgraded to Market Perform from Outperform at Barrington... LATAM Airlines (LFL) downgraded to Outperform from Strong Buy at Raymond James.
News For AV;HSBC;IO;OWW;SUSS;WD;YGE;BANC;EPL;GGS;LFL From The Last 14 Days
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September 2, 2015
08:33 EDTIOION Geophysical announces cost reduction initiative, 25% workforce reduction
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September 1, 2015
19:27 EDTHSBCArgentina demands HSBC replace regional CEO, Telegraph says
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16:51 EDTIOION Geophysical wins contract to conduct seismic survey of offshore Puntland
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08:31 EDTIOION Geophysical awarded TPDC contract for seismic study
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August 31, 2015
17:28 EDTOWWHotels add perks to compete with Priceline, Expedia, NY Times says
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06:10 EDTHSBCBanks lobby EU over privacy rules overhaul, FT reports
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August 28, 2015
12:58 EDTHSBCHSBC releases statement regarding payment problems on Friday
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06:14 EDTYGEYingli Green Energy reports preliminary Q2 PV module shipments 720 MW-730 MW
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August 25, 2015
16:49 EDTHSBCHSBC, others back Abengoa capital increase, Reuters says
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11:41 EDTYGESolarCity rises again after Chairman Musk buys shares
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11:23 EDTOWWAnalyst says Priceline undervalued, looks poised to outperform
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August 24, 2015
16:46 EDTYGEPresident Obama announces new renewable energy commitments
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11:09 EDTYGEGoldman says SolarCity attractive after sharp pullback
SolarCity (SCTY) shares are climbing in the down market after Goldman Sachs contended in a note to investors today that the stock is attractive following its recent sharp retreat, The company probably won't be affected by issues that are causing investors to worry about the solar sector, the firm believes. WHAT'S NEW: Noting that SolarCity's stock had tumbled 27% in the last month before today's open, Goldman Sachs analyst Brian Lee wrote that the shares are being dragged down by worries about financing and cost of capital that are affecting the entire solar sector. However, he contended that these issues are having only a "limited" impact on SolarCity. On August 13, the company successfully sold asset-backed securities and it said that more such sales are likely to occur in the near-term, Lee noted. Meanwhile, SolarCity isn't being affected by the cost of capital increases that other solar companies are experiencing, the analyst reported. Before today's open, the stock was near a two year low, even though SolarCity's fundamentals are still "strong," Lee believes. Additionally, the largest U.S. solar trade show, which is expected to begin on September 14, could boost solar stocks, as it has historically been a catalyst for the sector, the analyst stated. SolarCity may provide guidance about the outlook for its Silevo solar panel manufacturing subsidiary in the second half of 2015, and the guidance could boost the stock, Lee believes. The risk/reward ratio of SolarCity's stock is positive, according to the analyst, who has a Conviction List Buy and $85 price target on the shares. OTHERS TO WATCH: Other publicly traded companies in the solar space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunEdison (SUNE), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). PRICE ACTION: In late morning trading, SolarCity advanced 5.3% to $43.18.
August 23, 2015
14:27 EDTAVAviva shares could gain 20%, Barron's says
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August 21, 2015
10:02 EDTYGEOn The Fly: Analyst Initiation Summary
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08:18 EDTYGEYingli Green Energy initiated with a Sell at Axiom
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06:56 EDTYGESolar companies spending $1B in Texas projects, WSJ says
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August 19, 2015
13:11 EDTYGECanadian Solar plummets after Q3 guidance, YieldCo comments
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06:36 EDTYGEYingli Green Energy receives notice regarding NYSE continued listing standard
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