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Stock Market & Financial Investment News

News Breaks
February 4, 2013
10:17 EDTPRGO, MCHP, UCTT, MJN, BBRY, YHOO, SRE, TXN, TKR, MXWL, TSN, WYNN, WU, STJ, BEN, VLOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: BlackBerry (BBRY) upgraded to Outperform from Market Perform at Bernstein... Franklin Resources (BEN) upgraded to Outperform from Market Perform at Keefe Bruyette... Maxwell (MXWL) upgraded to Overweight from Neutral at Piper Jaffray... Mead Johnson (MJN) upgraded to Conviction Buy from Neutral at Goldman... St. Jude Medical (STJ) upgraded to Outperform from Neutral at Credit Suisse... Timken (TKR) upgraded to Buy from Neutral at BofA/Merrill... Ultra Clean (UCTT) upgraded to Buy from Hold at Needham... Western Union (WU) upgraded to Buy from Hold at Deutsche Bank... Texas Instruments (TXN) upgraded to Buy from Neutral at ISI Group,,, Microchip (MCHP) upgraded to Buy from Neutral at ISI Group... Wynn Resorts (WYNN) upgraded to Buy from Neutral at ISI Group... Sempra Energy (SRE) upgraded to Overweight from Neutral at JPMorgan... Perrigo (PRGO) upgraded to Overweight from Equal Weight at Morgan Stanley... Tyson Foods (TSN) upgraded to Buy from Underperform at CLSA... Yahoo! (YHOO) upgraded to Buy from Hold at Stifel Nicolaus... Valero Energy (VLO) upgraded to Neutral from Underperform at Macquarie.
News For BBRY;BEN;MXWL;MJN;STJ;TKR;UCTT;WU;TXN;MCHP;WYNN;SRE;PRGO;TSN;YHOO;VLO From The Last 14 Days
Check below for free stories on BBRY;BEN;MXWL;MJN;STJ;TKR;UCTT;WU;TXN;MCHP;WYNN;SRE;PRGO;TSN;YHOO;VLO the last two weeks.
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April 10, 2014
12:13 EDTBBRYBlackBerry CEO: No intention of selling handset unit, Globe and Mail reports
BlackBerry CEO John Chen said his comments that he would consider exiting the handset business were taken out of context, and that there are no immediate plans to sell the business, The Globe and Mail reports. Reference Link
10:24 EDTWYNNMGM holds up amid broader downtrend after analyst recommends stock
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09:32 EDTMXWLMaxwell rail-related opportunity underappreciated, says Piper Jaffray
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09:29 EDTMXWLMaxwell supplying ultracapacitors to ABB for Philadelphia rail lines
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06:48 EDTYHOOYahoo's strategy similar to past efforts, Re/code says
Yahoo, which is reportedly looking to become a major player in Internet video, was working on similar initiatives in mid-2012, according to Re/code. Reference Link
06:26 EDTYHOOYelp deal with Yahoo receives criticism from small business owners, WSJ reports
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06:04 EDTYHOOYahoo 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
19:49 EDTBBRYBlackBerry would consider handset unit sale, Reuters says
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14:37 EDTYHOOYahoo likely to report 'tepid' quarter, BGC says
BGC's Colin Gillis said he expects Yahoo to report another "tepid quarter" when it reports earnings next week, with the firm expecting revenue to be flat year-over-year with underlying metrics that are discouraging. Gillis added that the near-term valuation for Yahoo's stake in Alibaba, which has aided investor enthusiasm for Yahoo, has likely peaked, and the firm maintains a Hold rating and $34 price target on shares.
13:38 EDTSREHouse panel backs bill to expedite gas exports, The Hill says
A House subcommittee today approved a bill that would seek to expedite natural gas exports to U.S. allies, according to The Hill. Companies that are looking to export natural gas from the U.S. include Cheniere Energy (LNG), Sempra (SRE), Dominion (D), BG Group (BRGYY), and Southern Union, which is jointly owned by Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP). Reference Link
12:07 EDTTSNU.S. red meat, poultry production forecast lowered
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10:33 EDTWYNNBofA/Merrill's gaming analysts hold an analyst/industry conference call
Gaming Analysts provide an industry update and outlook on an Analyst/Industry conference call. Relevant covered companies LVS, WYNN, MGM, PENN, PNK, CZR, BYD and IGT may be discussed on the Analyst/Industry conference call to be held on April 15 at 10:30 am.
April 8, 2014
16:31 EDTBENFranklin Resources preliminary AUM $886.9B at March 31
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12:24 EDTYHOOYahoo quarter 'lackluster,' near deal for Chief Revenue Officer, Re/code says
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07:52 EDTVLORefiners 2014 EPS estimates raised at Wells Fargo
Wells Fargo significantly raised its 2014 EPS estimates for Alon USA (ALJ), PBF Energy (PBF), Valero (VLO), and Western Refining (WNR) . The firm thinks that the sector is benefiting from better crack spreads and refining utilization so far in Q2, while U.S. exports of refined products jumped 21% year-over-year last quarter. Wells keeps Outperform ratings on PBF and Valero, and Market Perform ratings on Alon USA and Western Refining.
07:28 EDTYHOOFour Internet stocks attractive after pullbacks, says Stifel
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06:41 EDTSREU.S. can do little to get gas to Europe in short-term, NY Times says
Although U.S. politicians are talking about exporting gas to Europe to reduce the continent's dependency on Russia, America can export little gas to Europe in the short-term, according to The New York Times. Moreover, a facility being built by Cheniere Energy (LNG) is the only plant that has received all of the regulatory approvals necessary to export natural gas, and in 2017 it will only be able to handle one-sixth of the total amount of gas exported by Russia to Europe, the newspaper added. Companies that are looking to export natural gas from the U.S. other than Cheniere include Sempra (SRE), Dominion (D), BG Group (BRGYY), and Southern Union, which is jointly owned by Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP). Gazprom (OGZPY) is Russia's largest natural gas exporter. Reference Link
April 7, 2014
19:17 EDTBBRYBlackBerry wins patent suit against NXP
BlackBerry (BBRY) announced that a federal jury ruled in favor of BlackBerry in a patent infringement case brought by NXP (NXPI) in the U.S. District Court, Middle District of Florida, Orlando Division. The jury found both that BlackBerry did not infringe NXP's patents, and that the patents NXP asserted against BlackBerry are invalid.
14:09 EDTPRGOSun Pharmaceutical agrees to acquire generic drugmaker Ranbaxy
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April 6, 2014
14:21 EDTYHOOYahoo plans to acquire bigger budget TV programming, WSJ says
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