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Stock Market & Financial Investment News

News Breaks
October 23, 2012
05:55 EDTBASFY, BASFY, BP, BP, DRC, DRC, IR, IR, JCI, JCI, WFC, WFC, ADSK, ADSKNational Renewable Energy Laboratory to host a forum
25th NREL Industry Growth Forum is being held in Denver on October 23-24.
News For BASFY;BP;DRC;IR;JCI;WFC;ADSK From The Last 14 Days
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May 19, 2013
12:22 EDTADSKAutodesk to acquire Tinkercad, web-based 3D design software
Autodesk has signed a definitive agreement to acquire Tinkercad, an easy-to-use browser-based 3D design tool. The addition of Tinkercad to Autodesk will help broaden the popular Autodesk 123D family of apps and supports Autodesk’s vision to help anybody imagine, design and create anything. The acquisition will also revive the Tinkercad service and community, despite a previously announced shutdown by its founders and creators. This transaction is expected to have no impact on guidance issued on May 16.
May 17, 2013
16:21 EDTBPOn The Fly: Closing Wrap
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13:09 EDTBPTesoro receives FTC clearance for purchase of BP refining, marketing business
Tesoro (TSO) announced that the Federal Trade Commission has cleared the company's planned acquisition of BP's (BP) fully integrated Southern California Refining and Marketing business and that Tesoro intends to close the acquisition during Q2. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1.075B, plus the market value of inventory, currently estimated at $1.3B. This amount includes a $100M purchase price reduction for the clearance with regulatory authorities.
12:05 EDTADSKOn The Fly: Midday Wrap
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10:06 EDTADSKAutodesk falls after results, levels to watch
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07:47 EDTADSKAutodesk downgraded to Sector Perform from Outperform at Pacific Crest
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May 16, 2013
18:56 EDTADSKOn The Fly: After Hours Movers
UP AFTER EARNINGS: SINA (SINA), up 4.2%. ALSO HIGHER: Kansas City Southern (KSU), up 1.6% after it was announced the company would replace Dean Foods (DF) in the S&P 500 on May 23. DOWN AFTER EARNINGS: Autodesk (ADSK), down 6.5% after earnings, guiding its second quarter below expectations... Aruba Networks (ARUN), down 17.1% after earnings, guiding its fourth quarter below expectations... Nordstrom (JWN), down 3.5%... J.C. Penney (JCP), down 1.7%... Brocade (BRCD), down 2.4% after earnings, guiding its third quarter below expectations.
16:08 EDTADSKAutodesk falls sharply after results, first look
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16:06 EDTADSKAutodesk sees Q2 EPS 39c-44c, consensus 51c
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16:04 EDTADSKAutodesk reports Q1 EPS 42c, consensus 45c
Reports Q1 revenue $570.4M, consensus $583.4M.
15:14 EDTADSKNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Dell (DELL), consensus 35c; Applied Materials (AMAT), consensus 13c; Nordstrom (JWN), consensus 76c; Autodesk (ADSK), consensus 45c; J. C. Penney (JCP), consensus (86c); SINA (SINA), consensus (3c); ViaSat (VSAT), consensus 2c; Brocade Communications (BRCD), consensus 15c; Aruba Networks (ARUN), consensus 15c.
14:46 EDTBPTesoro may take over BP California assets as soon as June 1, Reuters says
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14:32 EDTBPTesoro may take ownership of BP Carson refinery, other assets as soon as June 1
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13:42 EDTADSKAutodesk May 40 straddle priced for 6% move Q1
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08:33 EDTWFCBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
07:11 EDTBPBP wants PM Cameron to discuss Gulf compensation with U.S., Reuters reports
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06:41 EDTWFCBig banks to benefit from U.S. concession on derivatives, NY Times says
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06:08 EDTBPOn the Fly: Periodicals Wrap-Up
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May 15, 2013
17:53 EDTWFCWells Fargo confirms reinstatement of $203M judgment in overdraft case
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16:55 EDTWFCBerkshire Hathaway gives quarterly update on stakes
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