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Stock Market & Financial Investment News

News Breaks
February 6, 2013
07:22 EDTGE, ASML, VLO, GWW, CHMT, AYI, RHHBY, GGG, CA, IOSPOppenheimer to host a conference
3rd Annual Investor 1-on-1 Conference is being held in London, England on February 6.
News For AYI;ASML;CA;CHMT;GE;GGG;GWW;IOSP;RHHBY;VLO From The Last 14 Days
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November 12, 2014
14:01 EDTGWWGrainger reiterates 16%-17% operating margins by 2019
The margin improvement is expected to come from organic sales growth in the high single digits and long term operating margin expansion averaging 30 to 60 basis points per year. For reference, Grainger's operating margin in 2014 is expected to be 14.3%, excluding restructuring charges and unusual items.
14:00 EDTGWWGrainger to refocus international portfolio, to exit Brazil
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13:54 EDTGWWGrainger reports October sales increased 6% vs. last year
Grainger reported sales results for the month of October. Sales increased 6% versus October 2013. Results for the month included a 1 percentage point contribution from acquisitions, net of dispositions, and a 2 percentage points decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 7% driven by 6 percentage points of volume growth and a 1 percentage point contribution from sales of Ebola-related safety products. The month of October had 23 selling days, the same as October 2013. Q4 will have 64 selling days, the same as 4Q13.
13:51 EDTGWWGrainger expects FY15 EPS $12.90-$13.80, consensus $13.67
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13:50 EDTGWWGrainger reiterates FY14 EPS guidance $12.20-$12.30, consensus $12.26
The company reiterated its sales growth forecast of 5%-5.5%, consensus $9.96B.
13:49 EDTGWWGrainger expects Q4 EPS $2.75-$2.85, consensus $2.83
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11:17 EDTRHHBYLeerink major pharma & biotech analysts hold analyst/industry conference call
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09:01 EDTGEGE to build advanced manufacturing facility in Pennsylvania
GE announced that it will build a new manufacturing facility to drive innovation and implementation of advanced manufacturing technologies across GE. The new facility represents a $32M investment over three years by the company and will result in the creation of 50 high-tech engineering jobs initially, in disciplines ranging from mechanical and electrical to systems and software engineering. These technologists will join GE’s global network of 50,000 world-class scientists, engineers, and skilled labor who are working to solve some of the world’s toughest challenges. The new facility reflects GE’s belief that the intersection of technology and manufacturing – marrying hardware with software – is bringing a new era of manufacturing. The site will be located outside of Pittsburgh in Findlay Township, PA to capitalize on the renowned academic institutions and skilled workforce in the area. Construction is expected to begin in March 2015 to be completed by September 2015.
08:05 EDTGEGoldman to hold a conference
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07:22 EDTRHHBYAssociation of Molecular Pathology is holding annual meeting
2014 Annual Meeting of AMP is being held in National Harbor, Maryland on November 12-15.
November 11, 2014
15:43 EDTRHHBYLeerink major pharma & biotech analysts hold analyst/industry conference call
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09:29 EDTGWWGrainger to host analyst meeting
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08:01 EDTGEGE Healthcare, Takeda enter into alliance agreement for R&D in hepatic fibrosis
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November 10, 2014
16:07 EDTRHHBYUBS to hold a conference
UBS European Conference is being held in London, England on November 11-12.
10:04 EDTASMLOn The Fly: Analyst Upgrade Summary
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08:31 EDTASMLASML upgraded to Positive at Susquehanna
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07:12 EDTCACA Technologies to hold a conference
CA World 2014 is being held in Las Vegas on November 9-12.
06:47 EDTGWWGrainger downgraded to Sell from Hold at Deutsche Bank
Deutsche Bank downgraded Grainger to Sell saying the valuation looks "excessive" following the recent rally in shares. Deutsche thinks pricing pressure and competition will make 2015 a challenging year for the company. The firm lowered its price target for shares to $225 from $272.
06:37 EDTASMLASML upgraded to Positive from Neutral at Susquehanna
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06:30 EDTGEGlobal LED lighting market ste to rach $25.7B in 2014, DigiTimes says
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