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Stock Market & Financial Investment News

News Breaks
September 18, 2013
10:45 EDTRDEN, CFNL, VPHM, TDG, TWGP, SKT, PG, JOY, NRG, JRCC, INTU, GBL, EXC, CAT, CLX, ARQL, BMRN, AYIOn 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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September 15, 2014
16:31 EDTINTUIntuit initiated with an Outperform at RBC Capital
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14:18 EDTPGPulteGroup names Manish Shrivastava as Chief Marketing Officer
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09:59 EDTAYIOn The Fly: Analyst Upgrade Summary
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09:20 EDTTWGPACP Re completes Tower Group acquisition
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09:16 EDTTWGPOn The Fly: Pre-market Movers
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05:37 EDTAYIAcuity Brands upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Acuity Brands to Buy saying growth in the company's LED lighting business is averaging over two-times the industry. Goldman is bullish on LED lighting adoption and raised its price target for shares to $153 from $128. The firm coupled the upgrade of Acuity with a downgrade of Cree (CREE) to Neutral.
05:35 EDTAYICree downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Cree (CREE) to Neutral citing slowing growth in the company's chip business. Goldman lowered its price target for Cree shares to $48 and $60 and prefers Acuity Brands (AYI) as an LED lighting investment. Shares of Cree closed Friday down 57c to $42.67. Goldman upgraded Acuity Brands this morning to Buy.
September 12, 2014
18:56 EDTTWGPTower Group, ACP Re, Ltd. receive all regulatory approvals for merger
ACP Re, Ltd. and Tower Group International announced that ACP Re has received all regulatory approvals required in connection with its previously announced acquisition of Tower. Each of ACP Re and Tower expects to close the merger on the morning of Monday, September 15.
10:00 EDTAYIOn The Fly: Analyst Initiation Summary
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09:31 EDTCATCaterpillar view lowered to Mixed from Positive at OTR Global
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07:21 EDTNRGNRG Energy price target lowered to $35 from $37 at UBS
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September 11, 2014
18:10 EDTAYIAcuity Brands initiated with an Outperform at Cowen
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September 10, 2014
11:36 EDTRDENInvesco Ltd. reports 14.1% passive stake in Elizabeth Arden
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10:00 EDTCATOn The Fly: Analyst Downgrade Summary
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09:14 EDTCATUpdate: Caterpillar downgraded at BofA/Merrill
As previously reported, BofA/Merrill downgraded Caterpillar to Neutral from Buy. The firm downgraded shares to reflect a slowdown in growth outside the U.S., a stronger U.S. dollar, easing ECB monetary policy, slowing Chinese import growth, and recessionary pressures in Brazil. Price target lowered to $121 from $125.
09:04 EDTCATCaterpillar downgraded to Neutral from Buy at BofA/Merrill
07:49 EDTCATLongbow to hold a conference
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September 9, 2014
12:02 EDTJOYOptions with decreasing implied volatility
Options with decreasing implied volatility: KERX CIEN FNSR PAY BKS PVH NAV BYI FTR JOY
08:35 EDTNRGFuelCell agrees to sell fuel cell power project to NRG Energy
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September 8, 2014
07:15 EDTBMRNIBC Life Sciences to hold a conference
10th Annual Cell Line Development & Engineering Conference to be held in Berkeley, California on September 8-10.
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