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Stock Market & Financial Investment News

News Breaks
December 31, 2012
15:35 EDTTRK, TAC, PYA, KMPR, TFX, SXL, PLP, HMN, VRS, TFG, SA, PBYI, GTY, CPK, BBX, CDI, BXGNYSE says cash equities market experienced issue with matching engine
The NYSE cash equities market has recovered from an issue with one matching engine affecting order processing and trade execution in 26 symbols. Recovery has been completed and all NYSE trading systems are functioning normally, the exchange stated. A list of affected symbols is available via the following link: Reference Link
News For BBX;BXG;CDI;CPK;GTY;HMN;KMPR;PBYI;PLP;PYA;SA;SXL;TAC;TFG;TFX;TRK;VRS From The Last 14 Days
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August 27, 2015
11:46 EDTTFXTeleflex management to meet with Jefferies
Meetings to be held in Denver/Kansas City on September 3 hosted by Jefferies.
10:00 EDTPBYIOn The Fly: Analyst Initiation Summary
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08:55 EDTTFXTeleflex management to meet with Stephens
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06:29 EDTPBYIPuma Biotechnology initiated with an Overweight at JPMorgan
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August 26, 2015
11:55 EDTTFXTeleflex recalls 62,882 Hudson RCI Sheridan tubes
Teleflex is recalling 62,882 Hudson RCI Sheridan Sher-I-Bronch Endobronchial Tubes manufactured from October 2013 to April 2015, according to a notice posted on the FDA's website. Teleflex Medical has received customer complaints about the endobroncial tube's double swivel connector. The connector may break or separate on the tube. If this happens, the device may leak, causing the patient to not receive enough oxygen or experience respiratory distress. This can lead to the need to re-intubate the patient, patient injury or death. The recall is Class I and was initiated on June 1.
08:05 EDTSASeabridge Gold confirms major deposit extension at KSM in British Columbia
Seabridge Gold announced that this year's first drill results from the Deep Kerr deposit at its 100% owned KSM Project in northwestern British Columbia have confirmed a substantial expansion of the deposit in an area being evaluated for low cost, underground block cave mining. Hole K-15-49 intercepted 483 meters averaging 0.43 g/T gold and 0.56% copper including a 250 meter interval grading 0.49 g/T gold and 0.70% copper. A follow-up daughter hole, K-15-49A, is now in progress to test the mineralized zone between these two intersections. The results are expected to increase resources.
August 25, 2015
06:39 EDTTACTransAlta upgraded to Sector Performer from Underperformer at CIBC
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August 24, 2015
09:45 EDTTACOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
08:57 EDTTACTransAlta upgraded on valuation at BMO Capital
As noted earlier, BMO Capital upgraded Transalta to Outperform from Market Perform. The firm thinks that the stock is pricing in a worst-case Alberta environmental regulatory decision, but failing to price in a likely corresponding rise in power prices. The firm does not think the company will cut its dividend. Target $9.50.
06:41 EDTTACTransAlta upgraded to Outperform from Market Perform at BMO Capital
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August 20, 2015
09:05 EDTVRSVerso Corp. announces plans for 'major' reductions in production, capacity
Verso Corporation announced that it plans to make major reductions in its coated paper and pulp production capacity by shutting down the No. 1 pulp dryer and No. 2 paper machine at its Androscoggin Mill in Jay, Maine, and indefinitely idling its mill in Wickliffe, Kentucky. Together, these actions will reduce Verso's production capacity by 430,000 tons of coated paper and 130,000 tons of dried market pulp. Verso intends to implement these capacity reductions beginning in Q4. Verso's decision to reduce its production capacity was driven by several factors. North American coated paper demand is in secular decline, down 4.7% in the first half of 2015, following declines of 3.4% and 4.3% in 2014 and 2013, respectively, according to the Pulp and Paper Products Council. The effects on U.S. producers have been made significantly worse by a change in the net trade balance due to the strengthening of the U.S. dollar relative to foreign currencies, which has resulted in increased foreign imports from Asia, Europe and Canada and decreased U.S. exports. In addition, high operating costs in Maine, especially high energy costs and local property taxes, were contributing factors.
August 19, 2015
16:18 EDTVRSVerso receives additional notice of possible delisting
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07:22 EDTSXLCitigroup to hold a conference
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August 17, 2015
07:03 EDTTFXTeleflex signs new agreement with Amerinet for surgical instruments
Teleflex Incorporated has been awarded a new Amerinet Choice agreement with Amerinet, a group purchasing organization, for a comprehensive range of surgical instruments. The agreement is effective August 1, 2015 through March 31, 2017.

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