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Stock Market & Financial Investment News

News Breaks
September 18, 2013
10:45 EDTSKT, RDEN, TDG, PG, CFNL, TWGP, VPHM, NRG, GBL, CLX, AYI, JRCC, EXC, ARQL, JOY, INTU, CAT, BMRNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Acuity Brands (AYI) downgraded to Neutral from Buy at UBS... ArQule (ARQL) downgraded to Neutral from Buy at Citigroup... BioMarin (BMRN) downgraded to Hold from Buy at Stifel... Caterpillar (CAT) downgraded to Neutral from Outperform at RW Baird... Clorox (CLX) downgraded to Underweight from Equal Weight at Barclays... Exelon (EXC) downgraded to Sector Perform from Outperform at RBC Capital... GAMCO Investors (GBL) downgraded to Underperform from Neutral at BofA/Merrill... Intuit (INTU) downgraded to Underweight from Equal Weight at Morgan Stanley... James River Coal (JRCC) downgraded to Underweight from Hold at BB&T... Joy Global (JOY) downgraded to Neutral from Outperform at RW Baird... NRG Energy (NRG) downgraded to Neutral from Conviction Buy at Goldman... Procter & Gamble (PG) downgraded to Equal Weight from Overweight at Barclays... Tanger Factory (SKT) downgraded to Hold from Buy at Jefferies... Tower Group (TWGP) downgraded to Market Perform from Outperform at FBR Capital... TransDigm (TDG) downgraded to Sector Perform from Outperform at RBC Capital... ViroPharma (VPHM) downgraded to Neutral from Buy at BofA/Merrill... Cardinal Financial (CFNL) downgraded to Neutral at Boenning & Scattergood... Elizabeth Arden (RDEN) downgraded to Neutral from Buy at B. Riley.
News For AYI;BMRN;ARQL;CLX;CAT;EXC;GBL;INTU;JRCC;NRG;JOY;PG;SKT;TWGP;TDG;VPHM;CFNL;RDEN From The Last 14 Days
Check below for free stories on AYI;BMRN;ARQL;CLX;CAT;EXC;GBL;INTU;JRCC;NRG;JOY;PG;SKT;TWGP;TDG;VPHM;CFNL;RDEN the last two weeks.
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April 15, 2014
05:25 EDTPG, CLXHPC sector upgraded to Neutral from Cautious at Goldman
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April 14, 2014
10:23 EDTINTUHigh option volume stocks: CCL WCG LSI INTU IACI
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08:22 EDTBMRNBioMarin says FDA extends Kuvan market exclusivity by six months
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April 11, 2014
16:26 EDTJOYJoy Global acquires certain assets of Mining Technologies International
Joy Global announced that it entered into a definitive agreement to purchase certain assets of Mining Technologies International for $51M Canadian dollars. MTI is a Canadian manufacturer of underground hard rock mining equipment serving the North American markets and a world leading supplier of raise bore drilling consumables. The company is acquiring substantially all of the assets associated with MTIís hard rock drilling, loaders, dump trucks, shaft sinking, and raise bore product lines. MTI's fiscal 2013 revenues associated with these product lines were approximately $90M U.S. dollars. Excluding the impact of transaction costs and excess purchase accounting charges, the company expects the transaction to be accretive to earnings in 2015. Completion of the transaction is subject to customary closing conditions and is expected to occur within 90 days.
10:13 EDTTWGPHigh option volume stocks: SXC FSL IMPV TWGP
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April 10, 2014
08:31 EDTSKTTanger Factory increases annual dividend to 96c from 90c
The quarterly dividend of 24c will be payable on May 15 to holders of record on April 30.
06:04 EDTPGYahoo hires Bobbi Brown to be editor-in-chief of beauty site, Re/code reports
Yahoo (YHOO) has hired Bobbi Brown, the creator of Bobbi Brown Cosmetics (EL), to be the editor-in-chief of its beauty site, Re/code reports, noting that several of Yahoo's big advertisers -- L'Oreal (LRLCY), Procter & Gamble (PG) and Unilever (UN, UL) -- are competitive with Bobbi Brown Cosmetics. Reference Link
April 9, 2014
12:18 EDTPGOn The Fly: Midday Wrap
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09:33 EDTJOY, CATBofA/Merrill's industrial/mining analysts hold analyst/industry conference call
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09:03 EDTPGMars agrees to buy part of Proctor & Gamble for $2.9B
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April 8, 2014
07:28 EDTINTU, EXCSecurity Innovation Network to hold a forum
IT Security Entrepreneurs Forum: ITSEF 2014 is being held in Mountain View, California on April 8-9.
April 7, 2014
19:05 EDTJRCCOn The Fly: After Hours Movers
LOWER: Gigamon (GIMO), down 24% after cutting its first quarter revenue outlook, which the company attributed to one expected large transaction from an existing customer that did not materialize... James River Coal (JRCC), down 44% after filing for Chapter 11 bankruptcy... Trading lower after filing to sell stock were Nordic American Tanker (NAT), down 8.5% after filing to sell 10M common shares, and Voxeljet (VJET), down 4.7% after filing to sell 4M American Depository Shares, including 1M for selling holders.
17:17 EDTJRCCJames River Coal files for Chapter 11 reorganization
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16:58 EDTJRCCJames River Coal trading halted, pending news
15:06 EDTEXCExelon unit starts construction on nearly 1 MW solar project
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11:05 EDTEXC High option volume stocks: EXC QCOR SQQQ GNK PPG
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10:04 EDTBMRNBioMarin well positioned for revenue growth, says Summer Street
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09:30 EDTAYIAcuity Brands upgraded to Buy from Neutral at Sidoti
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07:04 EDTPGProcter & Gamble increases quarterly dividend 7% to 64.36c per share
The Procter & Gamble Company announced that its Board of Directors declared an increase in the quarterly dividend from 60.15c to 64.36c per share on its Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the company, payable on or after May 15, to Common Stock shareholders of record at the close of business on April 25, and to Series A and Series B Preferred Stock shareholders of record at the start of business on April 25. This represents a 7% increase compared to the prior quarterly dividend.
April 6, 2014
18:07 EDTCATCaterpillar likely to face more IRS pressure, WSJ says
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