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Stock Market & Financial Investment News

News Breaks
February 7, 2013
10:01 EDTBBRY, GPRE, YNDX, TTI, YHOO, TWX, LTM, USNA, MWA, ATMI, VIPS, DV, CNW, FBHS, GDP, MCP, OC, VSAT, RS, TRLGOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: BlackBerry (BBRY) upgraded to Outperform from Market Perform at Wells Fargo... Con-way (CNW) upgraded to Buy from Neutral at Citigroup... DeVry (DV) upgraded to Neutral from Underweight at JPMorgan... Fortune Brands (FBHS) upgraded to Buy from Hold at KeyBanc... Goodrich Petroleum (GDP) upgraded to Outperform from Sector Perform at RBC Capital... Molycorp (MCP) upgraded to Neutral from Underweight at JPMorgan... Owens Corning (OC) upgraded to Buy from Neutral at Longbow... Reliance Steel (RS) upgraded to Buy from Hold at Dahlman Rose... ViaSat (VSAT) upgraded to Buy from Hold at Needham... Vipshop (VIPS) upgraded to Buy from Hold at Deutsche Bank... Yandex (YNDX) upgraded to Overweight from Neutral at HSBC... Green Plains (GPRE) upgraded to Overweight from Equal Weight at Stephens... Team ATMI (ATMI) upgraded to Buy from Hold at Miller Tabak... Tetra Technologies (TTI) upgraded to Buy from Neutral at Sterne Agee... Yahoo! (YHOO) upgraded to Buy from Hold at Pivotal Research... Life Time Fitness (LTM) upgraded to Buy from Hold at Stifel Nicolaus... Time Warner (TWX) upgraded to Outperform from Neutral at Wedbush.... Usana (USNA) upgraded to Neutral from Underperform at Wedbush... Mueller Water (MWA) upgraded to Buy from Hold at BB&T... True Religion (TRLG) upgraded to Buy from Hold at BB&T
News For BBRY;DV;CNW;FBHS;GDP;MCP;OC;VSAT;RS;VIPS;ATMI;GPRE;YNDX;TTI;YHOO;TWX;LTM;USNA;MWA;TRLG From The Last 14 Days
Check below for free stories on BBRY;DV;CNW;FBHS;GDP;MCP;OC;VSAT;RS;VIPS;ATMI;GPRE;YNDX;TTI;YHOO;TWX;LTM;USNA;MWA;TRLG the last two weeks.
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July 22, 2014
10:48 EDTYHOOOptions with decreasing implied volatility
Options with decreasing implied volatility: IGT YHOO LYK ATHN CMG SWKS NFLX SHPG SNDK MTG
06:29 EDTYNDXEU weighing new sanctions on Russia, NY Times says
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05:56 EDTYHOOYahoo paying over $200M for Flurry, TechCrunch reports
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July 21, 2014
17:06 EDTTWXTime Warner amends by-laws to block holders ability to call special meeting
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16:52 EDTYHOOGoogle ranked as top U.S. search marketplace in June
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16:41 EDTYHOOYahoo to acquire Flurry
Yahoo! and Flurry, Inc. announced that they have reached a definitive agreement for Yahoo to acquire Flurry. Yahoo is on a mission to re-imagine users’ daily habits, and mobile is at the center of everything we do. Our agreement to acquire Flurry is a meaningful step for the company and reinforces Yahoo’s commitment to building and supporting useful, inspiring and beautiful mobile applications and monetization solutions. By joining Yahoo, Flurry will have resources to speed up the delivery of platforms that help developers build better apps, reach the right users, and explore new revenue opportunities. Together, the companies can make mobile experiences better through products that are more personalized and more inspiring. Analytics are critical for all mobile developers to understand and optimize their applications. Yahoo and Flurry are reinvesting in developers and continuing to build great analytics products. The combined scale of the two companies will accelerate revenue growth for thousands of developers and publishers across the mobile ecosystem. In addition, the joined offerings of Yahoo and Flurry will enable more effective mobile advertising solutions for brands seeking to reach their audiences and gain unique insights across desktop and mobile, and users will benefit from more personalized app experiences. Following the closing, the Flurry team will remain in their present locations, and Flurry’s vision, mission, and focus will stay the same. Flurry’s products will continue to operate and innovate with Yahoo’s support and investment. The transaction is subject to customary closing conditions.
15:19 EDTTWXFox unlikely to raise Time Warner bid immediately, Business Insider says
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14:59 EDTYHOOYahoo to buy mobile and app analytics start-up Flurry, Re/code says
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14:55 EDTYHOOYahoo to buy Flurry for 'hundreds of millions,' Re/code says
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14:11 EDTYHOOYahoo to be exclusive U.S home for pre-theatrical release of 'One Chance'
Yahoo announced in a post to Tumblr, that it will be the exclusive US home for the pre-theatrical release of the Weinstein Company’s film “One Chance.” The company said, "Whether it’s comedy, live events or inspiring stories, we are always looking to bring the very best content from the world’s greatest creators to our audience. That’s why today, we’re thrilled to announce that this fall, we’ll be the exclusive US home for the pre-theatrical release of the Weinstein Company’s film “One Chance.” Reference Link
13:15 EDTYHOOGoogle ranked as top online video content property in June
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12:05 EDTBBRYStocks with call strike movement; BBRY TWTR
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11:04 EDTTWXOptions with increasing implied volatility:
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10:42 EDTYHOOOptions with decreasing implied volatility
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07:31 EDTBBRYBlackBerry appoints Marty Beard as COO
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07:15 EDTYHOOO'Reilly to hold a conference
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07:13 EDTTWXFox contemplates using Sky sale to enhance Time Warner offer, Reuters says
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06:57 EDTTWXTime Warner-Fox agreement would add weight in China, Reuters says
Twenty-First Century Fox (FOX, FOXA) chairman Rupert Murdoch's target to purchase Time Warner (TWX) would give the firm a greater say in China, a quick-growing market that media firms are finding difficult to break into, reported Reuters. Even though Time Warner's board denied Murdoch's $80B bid, the chairman is expected to continue pursuing the company. Reference Link
05:54 EDTMCPStocks with implied volatility movement; MPEL MCP
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July 20, 2014
20:02 EDTTTITetra Technologies announces Compressco to purchase CSI for $825M in cash
TETRA Technologies (TTI) announced that its majority owned, publicly-traded partnership, Compressco Partners (GSJK), has entered into a definitive agreement to purchase all the outstanding shares of Compressor Systems, CSI, for $825M in cash, subject to working capital and other adjustments.This acquisition is expected to increase Compressco's total horsepower offering from approximately 187,000 to over 1,045,000, and will allow Compressco to utilize an expanded range of compressor packages for compression services to customers. It is anticipated that this expansion of Compressco's service offerings will allow the Partnership to participate in the compression market at a broader level. For the twelve months ended March 31, CSI's aggregate revenues were $311M, and EBITDA was $82.3M. Compressco has obtained committed financing to complete the transaction, which is expected to close in early August. However, it is currently anticipated that financing will include Compressco's issuance of approximately $400M of public equity and $350M of publicly-rated senior notes, with the balance being drawn from a $400M revolving credit facility. TETRA expects to purchase common units in the equity offering and make contributions to maintain its approximate 2% general partner interest in an aggregate amount of up to $40M. Stuart Brightman, TETRA's President and CEO, and Chairman of the Board of Compressco, commented, "This acquisition is the next step in a series of strategic moves to position TETRA to generate improved and more predictable earnings and cash flows. We are excited to acquire a company with such a strong reputation in the industry, a diverse product offering, a solid management team, and a robust customer base. In addition, we believe that this acquisition will allow TETRA to significantly increase our cash flow from Compressco. We expect to create synergies of between $5M and $10M on an annualized basis, beginning in 2015." The combined organization will be led by Tim Knox, CSI's current President. Ron Foster will take on the role of Senior Vice President and Chief Marketing Officer, and James Rounsavall will serve as CFO. Brightman continued, "Based on a number of specific assumptions, we understand that Compressco management expects to be able to recommend to its Board of Directors a 12-14% increase in the cash distribution per outstanding common unit attributable to the quarter ending December 31, compared to the $0.4525 distribution per outstanding unit, or $1.81 per outstanding unit on an annualized basis, attributable to quarter ended June 30. To meet the strong demand for compression services, following the acquisition, we expect to grow capital expenditures to between $90M and $100M in 2015, which will provide incremental revenues and is expected to facilitate additional increases in cash distributions. Compressco currently expects to generally maintain a coverage ratio of 1.2 times distributable cash flow to distributions, consistent with our past practices." Following the transaction, it is currently expected that TETRA's ownership of the Partnership will be reduced to approximately 46%. TETRA will maintain 100% ownership of the Partnership's general partner, and will continue to consolidate the results of Compressco in its financial statements.
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