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Stock Market & Financial Investment News

News Breaks
December 13, 2012
10:12 EDTAVGO, RDY, ENOC, LLY, YUM, BGS, VRA, TSO, RFMD, MCHP, MTB, HBC, GLF, FRME, DRC, BBEP, CRLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Avago (AVGO) upgraded to Buy from Neutral at Goldman... BreitBurn Energy (BBEP) upgraded to Neutral from Underperform at Credit Suisse... Charles River Labs (CRL) upgraded to Outperform from Market Perform at Wells Fargo... Dresser-Rand (DRC) upgraded to Positive from Neutral at Susquehanna... First Merchants (FRME) upgraded to Outperform from Market Perform at Keefe Bruyette... GulfMark Offshore (GLF) upgraded to Outperform from Market Perform at Wells Fargo... HSBC (HBC) upgraded to Buy from Hold at Deutsche Bank... M&T Bank (MTB) upgraded to Outperform from Market Perform at Keefe Bruyette... Microchip (MCHP) upgraded to Neutral from Sell at Goldman... RF Micro Devices (RFMD) upgraded to Overweight from Equal Weight at Barclays... Tesoro (TSO) upgraded to Outperform from Neutral at Credit Suisse... Vera Bradley (VRA) upgraded to Buy from Hold at Jefferies... B&G Foods (BGS) upgraded to Outperform from Sector Perform at RBC Capital... Yum! Brands (YUM) upgraded to Buy from Neutral at Goldman... Charles River Labs (CRL) upgraded to Overweight from Neutral at JPMorgan... Eli Lilly (LLY) upgraded to Neutral from Underperform at Cowen... EnerNOC (ENOC) upgraded to Outperform from Market Perform at Raymond James... Dr. Reddy's Labs (RDY) upgraded to Outperform from Neutral at Credit Suisse.
News For AVGO;BBEP;DRC;FRME;GLF;HBC;MTB;MCHP;RFMD;TSO;VRA;BGS;YUM;LLY;ENOC;RDY;CRL From The Last 14 Days
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September 18, 2014
18:06 EDTRFMDTriQuint, RF Micro Devices announce new company name
RF Micro Devices (RFMD) and TriQuint Semiconductor (TQNT) revealed that the holding company under which the companies will combine in a merger of equals will be named Qorvo. Shareholders of both TriQuint and RFMD voted to approve the merger on September 5, and the transaction is expected to close in the second half of 2014, following other required regulatory approvals and satisfaction of customary closing conditions. Qorvo is expected to be traded on the NASDAQ Global Stock Market under the ticker symbol QRVO following closing of the merger.
15:57 EDTLLYFDA approves Trulicity with boxed warning, post-marketing study requirements
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15:55 EDTLLYFDA approves Eli Lilly type 2 diabetes drug
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13:47 EDTYUMPizza Hut opens first restaurant in Africa, plans to open dozens more
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12:04 EDTGLFGulfMark Offshore says backlog dry rate remains 'strong'
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11:15 EDTLLYRepros sinks after panel backs tests for testosterone therapies
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08:12 EDTLLYEli Lilly's Cyramza for gastric cancer shows positive Phase 3 results
Eli Lilly announced results of the global Phase III trial of ramucirumab - CYRAMZA - in combination with paclitaxel in patients with advanced gastric cancer or gastroesophageal junction adenocarcinoma. The addition of ramucirumab to paclitaxel showed a statistically significant improvement in median overall survival, meeting its primary endpoint; it also met secondary endpoints of progression-free survival and objective response rate. Data from the trial were first presented in January. Ramucirumab has now been the focus of two positive Phase III gastric cancer trials that have demonstrated statistically significant improvements in both overall survival and progression-free survival.
08:01 EDTLLYDow AgroSciences announces R&D agreement with Lilly's Elanco
Two Indiana agricultural companies, Elanco, the animal health division of Eli Lilly and Company (LLY), and Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (DOW), are announcing a strategic research and development agreement that will focus on developing integrated solutions to enable livestock producers to increase meat and milk production to meet the demands of the growing global population.
07:52 EDTYUMPizza Hut testing 30% lower calorie pie, USA Today reports
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07:19 EDTBGSCredit Suisse to hold a conference
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07:16 EDTDRCDresser-Rand could be worth upper $80s to $100 in deal, says William Blair
William Blair raised its price target for Dresser-Rand shares to $82 from $70 citing increasingly likelihood of a merger transaction after Sulzer confirmed its in talks to acquire the company. The firm believes a deal, should it occur, could bring upside to its new target. William Blair says its initial accretion analysis for a combined Dresser-Rand and Sulzer yields valuations for Dresser shares in the upper $80's to $100 range. It keeps an Outperform rating on the stock. Dresser closed yesterday up 7%, or $4.93, to $72.81.
06:10 EDTLLYFDA panel votes 20-1 to study changes to testosterone therapies
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September 17, 2014
16:08 EDTMTBM&T Bank names Richard Gold as Chief Risk Officer
Richard Gold was named a vice chairman of M&T Bank and Chief Risk Officer of M&T Bank Corporation and M&T Bank. Current Chief Risk Officer Donald Truslow announced his retirement, although he will continue at M&T Bank on a part-time basis. Gold brings over 25 years of experience at M&T. He has served on M&T's management committee for seven years and heads its office of regulatory projects.
11:28 EDTDRCSulzer confirms talks with Dresser-Rand over potential merger
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11:26 EDTDRCSulzer confirms talks with Dresser-Rand over potential merger
11:19 EDTDRCDresser-Rand, Sulzer said to plan merger, Bloomberg reports
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10:00 EDTVRAOn The Fly: Analyst Initiation Summary
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07:39 EDTLLYMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
07:35 EDTBBEPImperial Capital to hold a conference
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07:16 EDTVRAVera Bradley initiated with a Buy at Wunderlich
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