New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 8, 2014
10:00 EDTPNRA, MET, HSY, CMA, TRGP, BP, RDC, OII, KRFT, HP, BCR, UNP, SAP, WCC, RAD, NDAQ, IART, CCK, PTEN, XOM, TYCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: C.R. Bard (BCR) upgraded to Overweight from Neutral at Atlantic Equities... Comerica (CMA) upgraded to Perform from Underperform at Oppenheimer... Crown Holdings (CCK) upgraded to Overweight from Neutral at JPMorgan... Helmerich & Payne (HP) upgraded to Outperform from Sector Perform at RBC Capital... Hershey (HSY) upgraded to Buy from Hold at Deutsche Bank... Integra LifeSciences (IART) upgraded to Neutral from Underperform at BofA/Merrill... Kraft Foods (KRFT) upgraded to Buy from Hold at Deutsche Bank... MetLife (MET) upgraded to Buy from Neutral at Citigroup... NASDAQ (NDAQ) upgraded to Buy from Neutral at Citigroup... Oceaneering (OII) upgraded to Outperform from Sector Perform at RBC Capital... Panera Bread (PNRA) upgraded to Outperform from Market Perform at Wells Fargo... Rite Aid (RAD) upgraded to Overweight from Neutral at JPMorgan... Rowan Companies (RDC) upgraded to Outperform from Sector Perform at RBC Capital... Tyco (TYC) upgraded to Buy from Neutral at Citigroup... Valeant (VRX) upgraded to Overweight from Equal Weight at Morgan Stanley... WESCO (WCC) upgraded to Buy from Neutral at Citigroup... BP (BP) upgraded to Outperform from Sector Perform at Howard Weil... Exxon Mobil (XOM) upgraded to Outperform from Sector Perform at Howard Weil... SAP (SAP) upgraded to Buy from Neutral at UBS... Valeant (VRX) upgraded at Morgan Stanley... Targa Resources (TRGP) upgraded to Overweight from Equal Weight at Morgan Stanley... Patterson-UTI Energy (PTEN) upgraded at RBC Capital... Union Pacific (UNP) upgraded to Outperform from Market Perform at Bernstein.
News For BCR;CMA;CCK;HP;HSY;IART;KRFT;MET;NDAQ;OII;PNRA;RAD;RDC;TYC;WCC;BP;XOM;SAP;TRGP;PTEN;UNP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
December 10, 2014
06:06 EDTBPBP sees $1B in group-wide restructuring charges over coming year
"Although the current environment is challenging, BP is well-positioned to respond and manage our Upstream business for the long term,” said Upstream CEO Lamar McKay. “We expect to see growth from our conventional and deepwater assets and an increasing contribution from gas. And we also have a quality pipeline of opportunities that we believe are capable of extending underlying growth well beyond 2020. Our focus throughout will remain firmly on safe operations, execution efficiency and greater plant reliability.” BP also said that, as part of its wider ongoing Group-wide programme to simplify across its Upstream and Downstream activities and corporate functions, it expects to incur non-operating restructuring charges of circa $1B in total over the next five quarters, including the current quarter. Details of these charges and further guidance on the program are expected to be given with each quarter’s results. Across the Group, BP has said it will be looking to pare or re-phase capital expenditure without compromising safety or future growth. In October, BP told investors this could result in reductions of $1B-$2B in capital expenditure across the Group in 2015 against guidance of $24B-$26B laid out in March. This will be reviewed further as part of the 2015 plan, recognising the current outlook for oil prices. Between now and 2020, the Upstream team’s focus will be on delivery, through safe and reliable operations, strong execution in the existing base business, and the start-up of a suite of new projects which are expected to be capable of adding over 900,000 barrels of oil equivalent a day of net incremental production to BP’s portfolio by 2020. BP will also be progressing opportunities expected to continue to drive underlying growth into the next decade as it builds out its well-established conventional and deepwater oil positions and a distinctive and material portfolio of gas options.
05:53 EDTBPBP upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded BP (BP) to Buy saying shares could see an inflection point in 2015 with the Macondo penalty phase going to trial in January. Deutsche coupled the upgrade of BP with a downgrade of Royal Dutch Shell (RDS.A) to Hold.
December 9, 2014
16:19 EDTNDAQAMD announces move to NASDAQ
Subscribe for More Information
11:40 EDTBPBP to invest $12B in Egypt over next five years, Reuters reports
Subscribe for More Information
10:23 EDTOIIOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:55 EDTXOMExxon Mobil to hold a webcast
Vice Presidents Colton and Cohen hold a webcast to launch ExxonMobil's 2015 Outlook for Energy: A View to 2040 on December 9 at 1 pm. Webcast Link
08:39 EDTBPBP to close U.S. cellulosic operations, Bloomberg reports
Subscribe for More Information
07:29 EDTIARTIntegra LifeSciences shares undervalued, says Oppenheimer
Subscribe for More Information
06:02 EDTMETMetLife affiliates and other investor provide $200M in financing to Angel Trains
Subscribe for More Information
05:50 EDTOIIOceaneering downgraded to Hold from Buy at Jefferies
Subscribe for More Information
December 8, 2014
10:53 EDTBPBP to continue advocating for probe of suspicious, implausible spill claims
Subscribe for More Information
10:11 EDTBPBP's plea to review Deepwater Horizon settlement rejected, WSJ reports
Subscribe for More Information
10:00 EDTNDAQOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Antero Resources (AR) upgraded to Buy from Neutral at Citigroup... Apache (APA) upgraded to Buy from Neutral at Citigroup... Applied Materials (AMAT) upgraded to Buy from Hold at Deutsche Bank... Arch Capital (ACGL) upgraded to Outperform from Market Perform at BMO Capital... CU Bancorp (CUNB) upgraded to Buy from Hold at Sandler O'Neill... Calpine (CPN) upgraded to Outperform from Neutral at Macquarie... Commerzbank (CRZBY) upgraded to Market Perform from Underperform at Keefe Bruyette... EastGroup Properties (EGP) upgraded to Neutral from Underperform at Credit Suisse... Enbridge Energy Management (EEQ) upgraded to Equal Weight at Morgan Stanley... Enbridge Energy (EEP) upgraded to Equal Weight from Underweight at Morgan Stanley... GasLog (GLOG) upgraded to Buy from Hold at Stifel... Hoegh LNG (HMLP) upgraded to Buy from Neutral at UBS... Illinois Tool Works (ITW) upgraded to Buy from Accumulate at Global Hunter... LaSalle Hotel (LHO) upgraded at Morgan Stanley... Lufthansa (DLAKY) upgraded to Buy from Neutral at Nomura... NASDAQ (NDAQ) upgraded to Outperform from Market Perform at Keefe Bruyette... Newfield Exploration (NFX) upgraded to Buy from Neutral at Citigroup... Omega Healthcare (OHI) upgraded to Buy from Hold at Jefferies... Orange SA (ORAN) upgraded to Conviction Buy from Neutral at Goldman... SM Energy (SM) upgraded to Outperform from Market Perform at BMO Capital... Southwest (LUV) upgraded at Goldman... TSMC (TSM) upgraded to Buy from Neutral at BofA/Merrill... United Technologies (UTX) upgraded at Bernstein... eBay (EBAY) upgraded to Buy from Hold at Stifel.
09:03 EDTWCCConcurrent announces strategic agreement with WESCO division
Concurrent (CCUR) announced a strategic agreement with TVC Communications, a division of WESCO Distribution (WCC), to resell Concurrent’s UpShift Unified Content Delivery Solution to customers throughout the Caribbean and Latin America.
08:09 EDTXOMExxon Mobil management to meet with UBS
Subscribe for More Information
07:53 EDTXOM, BPClimate for Exxon E&P acquisition improved by falling prices, WSJ says
Subscribe for More Information
07:30 EDTSAPSAP CEO sees company remaining independent for long-term, Reuters reports
Subscribe for More Information
06:44 EDTPNRAPanera Bread coverage resumed with a Sell at Goldman
Goldman resumed coverage on Panera with a Sell rating and $139 price target. The analyst said Panera is facing significant competition from more "food forward concepts."
06:09 EDTBPBP to cut hundreds of U.K. jobs this week, Guardian reports
Subscribe for More Information
05:58 EDTNDAQNASDAQ upgraded to Outperform from Market Perform at Keefe Bruyette
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use