News Breaks |
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| March 7, 2013 |
| 10:00 EDT |  | AWK, KWK, UNFI, SCTY, AGN, MCY, VITC, SD, GRP, FMS, DGI, DDAIF, DVA, BIG, CWH | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Water (AWK) downgraded to Neutral from Buy at Citigroup... Big Lots (BIG) downgraded to Hold from Buy at Canaccord... DaVita (DVA) downgraded to Hold from Buy at Deutsche Bank... Daimler AG (DDAIF) downgraded to Neutral from Buy at Citigroup... DigitalGlobe (DGI) downgraded to Hold from Buy at Benchmark Co... Fresenius Medical (FMS) downgraded to Sector Perform from Outperform at RBC Capital... Granite Real Estate (GRP) downgraded to Sector Perform from Outperform at RBC Capital... Lincoln Educational (LINC) downgraded to Underperform from Market Perform at BMO Capital... SandRidge Energy (SD) downgraded to Underperform from Market Perform at BMO Capital... Vitacost.com (VITC) downgraded to Sell from Neutral at Roth Capital... Mercury General (MCY) downgraded to Neutral from Outperform at Macquarie... Allergan (AGN) downgraded to Neutral from Buy at Buckingham... SolarCity (SCTY) downgraded to Hold from Buy at Needham... United Natural Foods (UNFI) downgraded to Hold from Buy at Argus... Quicksilver Resources (KWK) downgraded to Hold from Buy at MLV Equity... CommonWealth REIT (CWH) downgraded to Sell from Hold at Stifel Nicolaus. |
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News For AWK;BIG;DVA;DDAIF;DGI;FMS;GRP;SD;VITC;MCY;AGN;SCTY;UNFI;KWK;CWH From The Last 14 Days Check below for free stories on AWK;BIG;DVA;DDAIF;DGI;FMS;GRP;SD;VITC;MCY;AGN;SCTY;UNFI;KWK;CWH the last two weeks. |
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| June 19, 2013 |
| 13:17 EDT |  | CWH | Corvex, Related offer to buy 51% of CommonWealth's credit agreement
Corvex Management and Related Fund Management, whose funds collectively own approximately 9.6% of the outstanding common shares of CommonWealth REIT, issued the following statement regarding misleading statements made by CommonWealth and its representatives regarding the effects of the removal of the entire board of trustees on CommonWealth's outstanding debt obligations: "In order to put an end to CommonWealth's scare tactic campaign and alleviate any shareholder concern we hereby commit that, in the event our consent solicitation is successful and shareholders remove the entire board of trustees, Corvex and Related will immediately offer to buy 51% of the outstanding debt under each of CommonWealth's revolving credit agreement and term loan at par value, so that no acceleration of such loans will occur. Since no such acceleration will occur, cross-acceleration provisions included in other CommonWealth debt obligations will not be triggered and should be of no concern to shareholders. We continue to believe that the removal of the entire board is the only way to effect meaningful change, a position shared by both ISS and Glass Lewis, and we are gratified by the show of support from both large and retail investors. We hope that in light of the foregoing commitment, CommonWealth's trustees will now cease threatening their own shareholders." |
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| 12:43 EDT | | SD | Cooperman says SandRidge assets worth close to $10 per share
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| 10:01 EDT |  | UNFI | On The Fly: Analyst Upgrade Summary
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| 06:42 EDT | | UNFI | United Natural Foods upgraded to Overweight from Neutral at Piper Jaffray
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| June 18, 2013 |
| 09:15 EDT |  | SCTY | China to generate more heat using solar energy, China Daily says
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| 09:04 EDT |  | AGN | Wells Faro to host a conference
2013 Healthcare Conference is being held in Boston on June 18-19 with webcasted company presentations to begin at 8:15 am; not all company presentations may be webcasted. Webcast Link |
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| 08:56 EDT | | SCTY | SolarCity sees FY13 megawatts deployed to be 270 MW
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| 08:36 EDT |  | AGN | Elan shares could be worh $19 in a buyout, says Jefferies
Jefferies raised its price target for shares of Elan (ELN) to $19 from $14, reflecting what it sees as the value of the company in a takeout scenario. The firm says Elan management suggested they would be open to sale in the $15-$20 per share range. Jefferies believes a high taxpaying suitor could pay the upper end of that range, and lists Allergan (AGN), Regeneron (REGN), Vertex (VRTX), Alexion (ALXN), Zoetis (ZTS), Mylan (MYL) and Perrigo (PRGO) as potential acquirers for Elan. Shares of Elan are up 13c to $13.62 in pre-market trading after Royalty Pharma announced that its buyout proposal for the company has expired. |
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| 07:28 EDT | | AGN | Wells Faro to host a conference
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| 07:22 EDT | | FMS | Citigroup to host a conference
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| 06:26 EDT |  | SCTY | SolarCity files to sell $175M of convertible senior notes due 2018
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| 06:04 EDT | | DDAIF | Daimler AG upgraded to Buy from Hold at Natixis
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| June 17, 2013 |
| 11:45 EDT | | SCTY | SolarCity mentioned cautiously by a Seeking Alpha blog
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| 10:39 EDT | | CWH | CommonWealth REIT urges shareholders to take no action to Corvex solicitation
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| 09:19 EDT | | DVA | On The Fly: Pre-market Movers
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| 09:03 EDT | | CWH | Corvex and Related expresses "unacceptable value" for Commonwealth REIT
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| 07:07 EDT | | DVA | DaVita, Myriad RMB announces biomarker research collaboration
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| June 16, 2013 |
| 11:52 EDT | | BIG | Big Lots shares look cheap, Barron's reports
Big Lots prospects are improving with the company's new CEO implementing strategic initiatives to improve sales by year-end and entry into Canada, Barron's says in its Sizing Up Small Caps column. Big Lots looks cheap, as it trades at 10 times next year's earnings estimates, the paper adds. Reference Link |
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| June 15, 2013 |
| 15:50 EDT | | SCTY | China to boost solar industry with easier financing, Bloomberg says
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| June 14, 2013 |
| 13:11 EDT | | CWH | Marcato Capital urges removal of CommonWealth board
Marcato Capital, a San Francisco-based investment manager that holds approximately 3.7M common shares or approximately 3.1% of the common shares outstanding of CommonWealth REIT, sent a letter to CommonWealth’s independent trustees. In its letter, Marcato agreed with ISS' recommendation that shareholders vote in favor of the removal of the current board. |
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