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Stock Market & Financial Investment News

News For CA;ASML;RHHBY;CHMT;VLO;GWW;GGG;GE;IOSP;AYI From The Last 14 Days
Check below for free stories on CA;ASML;RHHBY;CHMT;VLO;GWW;GGG;GE;IOSP;AYI the last two weeks.
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May 20, 2013
07:37 EDTCHMTBarclays to host a conference
High Yield and Syndicated Loan Conference is being held in Chicago on May 20-22.
07:05 EDTGEGeneral Electric volatility flat into plans to return $18B to holders
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06:31 EDTGEGE Capital board plans to pay $6.5B of dividends to parent GE in 2013
GE announced that the board of GE Capital Corporation, or GECC, had approved plans for GECC to pay $6.5Bin dividends in 2013 to GE. Earnings-dividend payments, which are subject to GECC Board and GE Board Risk Committee approvals, are planned at 30% of GECC's total 2013 earnings. GECC paid the first-quarter earnings-dividend of $447M to GE on April 19, 2013. In addition, GECC plans $4.5B in special dividends to GE in 2013, subject to the same approvals. Under its balanced capital allocation plan of investing for its long-term growth, maintaining an attractive dividend pay-out and repurchasing stock, GE plans to return $18B cash to its shareholders in 2013, including repurchase of $10B of stock.
May 16, 2013
07:37 EDTVLOMorgan Stanley to host a conference
Refining Corporate Access Day is being held in New York on May 16.
May 15, 2013
17:30 EDTGEGE, Boeing warn of defective engine parts, WSJ reports
General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link
17:18 EDTVLOBP Capital gives quarterly update on stakes
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17:03 EDTGESoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
15:59 EDTRHHBYRoche exploring sale of blood glucose meters unit, Reuters says
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12:13 EDTRHHBYRoche management to meet with Jefferies
Meeting to be held in London on May 17 hosted by Jefferies.
11:38 EDTRHHBYRoche says FDA approves Tarceva tablets for specific lung cancer situation
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07:35 EDTCAJPMorgan to host a conference
41st Annual Global Technology, Media & Telecom Conference is being held in Boston on May 14-16 with webcasted company presentations to begin on May 15 at 8 am; not all company presentations may be webcasted. Webcast Link
07:33 EDTGENational Association of Business Economics to hos a conference
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07:32 EDTCHMTChemtura acquires full interest in DayStar Materials joint venture
Chemtura Corporation announced that it has acquired UP Chemical’s 50% stake in DayStar Materials, a South Korean manufacturer and marketer of high-purity metal organic precursors for the LED market. Chemtura now owns a 100% interest in DayStar, which was formed in 2011 as a joint venture of Chemtura and UP Chem.
May 14, 2013
16:55 EDTRHHBYFDA approves Roche's cobas EGFR mutation test with Tarceva
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11:13 EDTGGGCIRCOR said to attract interest from trade buyer, Financial Times reports
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07:23 EDTGEOppenheimer to host a summit
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07:11 EDTGEChina XD in talks to purchase GE’s Prolec joint venture, Bloomberg reports
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06:09 EDTGEOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: North American oil production will dominate world-wide supply growth over the next five years, the International Energy Agency predicted today, the result of growing production from "fracking" and other technologies that access once-inaccessible reserves, the Wall Street Journal reports...REUTERS: Investors are becoming increasingly selective about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them more discerning, Reuters reports...State-run Air India Ltd will resume flying its Boeing (BA) 787 Dreamliner passenger jets tomorrow, nearly four months after the planes were grounded due to safety concerns. Air India has six Dreamliners and has ordered 21 more, Reuters reports...BLOOMBERG: China XD Group, a state-controlled power equipment maker, is in talks to buy GE’s (GE) joint venture with Mexico’s Xignux SA for about $1B, sources say, Bloomberg reports...Philadelphia Fed President Charles Plosser said today in Stockholm that a slowing in U.S. inflation to the lowest rate in more than three years doesn’t warrant a Fed policy response, Bloomberg reports.
May 13, 2013
10:09 EDTGWWOn The Fly: Analyst Upgrade Summary
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08:56 EDTGWWGrainger upgraded to Outperform from Market Perform at Raymond James
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