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Stock Market & Financial Investment News

News Breaks
December 13, 2012
10:12 EDTGLF, BBEP, RDY, YUM, TSO, MTB, FRME, AVGO, ENOC, BGS, RFMD, HBC, DRC, CRL, LLY, VRA, MCHPOn 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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February 25, 2015
16:10 EDTAVGOAvago to acquire Emulex for $8 per share in cash
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15:26 EDTAVGOAvago technical comments before earnings
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15:05 EDTAVGONotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include salesforce.com (CRM), consensus 14c... Avago Technologies (AVGO), consensus $1.94... L Brands (LB), consensus $1.80... Workday (WDAY), consensus (6c)... BioMarin (BMRN), consensus (59c)... Concho Resources (CXO), consensus 84c... Antero Resources (AR), consensus 28c... Medivation (MDVN), consensus $1.34... Transocean (RIG), consensus 77c... Sprouts Farmers Market (SFM), consensus 9c... SINA Corporation (SINA), consensus 18c.
10:49 EDTDRCOptions with increasing implied volatility: DO BHI DRC
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08:10 EDTMCHPMicrochip licenses EtherCAT technology
Microchip licensed the EtherCAT technology for its next-generation Ethernet controllers.
February 24, 2015
16:39 EDTCRLCharles River Labs CFO Thomas Ackerman to retire in 2016
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07:30 EDTTSOJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 24 at 7:40 am; not all company presentations may be webcasted. Webcast Link
06:34 EDTLLYEli Lilly CEO states company is not for sale, Financial Times says
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February 23, 2015
08:31 EDTLLYEli Lilly announces delay in submission of basal insulin peglispro beyond Q1
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08:29 EDTAVGOAvago shares should be bought ahead of earnings, says Pacific Crest
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07:37 EDTGLFCredit Suisse to hold a summit
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07:06 EDTLLYEli Lilly and Incyte announces positive results for baricitinib
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February 19, 2015
16:08 EDTMTBMotorcar Parts comments on M&T Bank lawsuit
Motorcar Parts of America (MPAA) said it believes that a lawsuit filed by M&T Bank (MTB) relating to its loan agreements with a former subsidiary of MPAA is without merit and MPAA will vigorously defend itself.
08:04 EDTLLYEli Lilly extends Evacetrapib Phase 3 trial by six months
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04:26 EDTTSOStocks with implied volatility movement; TSO RIG
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February 18, 2015
16:11 EDTBGSB&G Foods sees FY15 adjusted EPS $1.48-$1.55, consensus $1.69
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16:09 EDTBGSB&G Foods reports Q4 adjusted EPS 29c, consensus 49c
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10:42 EDTVRAApparel makers beyond Perry Ellis seen hurt by port slowdown
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February 17, 2015
16:53 EDTTSOTesoro approves two complementary projects
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08:38 EDTDRCEU regulators expanding probe of Siemens, Dresser-Rand merger, Reuters says
European Commission antitrust regulators will expand their investigations into Siemens' (SIEGY) $7.6B bid for Dresser-Rand (DRC), reports Reuters, citing regulator statements. The Commission stated, "The transaction would reduce the number of competitors from three main players to two main players" in related markets. Siemens stated it still expects to close the deal in Summer 2015 or sooner. Reference Link
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