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Stock Market & Financial Investment News

News Breaks
January 8, 2014
10:00 EDTBCR, RDC, TYC, WCC, BP, XOM, SAP, TRGP, PTEN, RAD, PNRA, OII, CMA, CCK, HP, HSY, IART, KRFT, MET, NDAQ, UNPOn 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
Check below for free stories on BCR;CMA;CCK;HP;HSY;IART;KRFT;MET;NDAQ;OII;PNRA;RAD;RDC;TYC;WCC;BP;XOM;SAP;TRGP;PTEN;UNP the last two weeks.
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August 14, 2014
06:18 EDTNDAQNASDAQ, CME Group eyes Barclays index division, Bloomberg says
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August 13, 2014
10:01 EDTCMAComerica Chief Credit Officer John Killian to retire in May 2015
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August 12, 2014
15:26 EDTIARTIntegra LifeSciences says two former sales representatives enter guilty pleas
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10:00 EDTUNP, HPOn The Fly: Analyst Upgrade Summary
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09:56 EDTIARTIntegra LifeSciences management to meet with Oppenheimer
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09:32 EDTUNPUnion Pacific upgraded at Macquarie
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09:03 EDTMETMetLife acquires The Loop
MetLife announced that the company has acquired The Loop, a 435,000 square foot outdoor retail center in Kissimmee, Florida. MetLife bought the complex from an institutional client of AEW Capital Management.
08:39 EDTHPHelmerich & Payne upgraded to Accumulate from Neutral at Global Hunter
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08:18 EDTMETAs MetLife awaits SIFI decision, other non-banks get tough scrutiny, FT says
The Federal Reserve's scrutiny of AIG (AIG) and GE Capital (GE) since those non-banks were designated as systemic risks shows they are being regarded in the same manner as large banks, according Financial Times, citing people familiar with the process. Insurer Prudential Financial (PRU) was deemed a systemic risk last September and rival MetLife (MET) is waiting to see if it will be designated this year, the report noted. Reference Link
07:57 EDTUNPUnion Pacific upgraded to Outperform from Neutral at Macquarie
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07:46 EDTXOMJacobs receives contract from Exxon Mobil
Jacobs Engineering (JEC) announced that it was awarded a contract from ExxonMobil (XOM)Chemical to provide engineering, procurement and construction services as part of a multi-billion dollar ethane cracker project in ExxonMobil’s Baytown, Texas complex and associated premium product facilities in Mont Belvieu, Texas. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is providing site enabling works and interconnections services for the two sites. Jacobs’ scope of work includes site preparation of 350 acres for the ethane cracker in Baytown and 100 acres for the product facilities in Mont Belvieu.
August 11, 2014
17:37 EDTXOMExxon Mobil awarded $373.92M government contract
Exxon Mobile Fuels Lubricants & Specialties Marketing Co. has been awarded a maximum $373.92M fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for aviation turbine fuel and naval fuel. This contract was a competitive acquisition with 16 offers received. This is a one-year base contract with a 30-day carry-over period and no option periods. Locations of performance are Virginia and California, with an Oct. 30, 2015 performance completion date. Using service is Defense Logistics Agency Energy.
09:31 EDTXOMExxon Mobil management to meet with Oppenheimer
Meeting to be held in the Midwest on August 13 hosted by Oppenheimer.
07:04 EDTBPBP's risk from Russian sanctions muted, says RBC Capital
RBC Capital said in the unlikely situation that BP were to relinquish its Rosneft stake due to Russian sanctions, the impact would be muted and shares would still offer 15% upside. The firm believe upside potential more than compensates the risk and reiterates its Outperform rating.
August 8, 2014
10:35 EDTXOMSeadrill announces commitment for West Saturn unit
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August 7, 2014
14:04 EDTMETMetLife agrees to pay $23M to settle blast-faxing litigation, WSJ says
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11:57 EDTXOMExxon Mobil evacuating staff from Kurdistan, Reuters says
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10:20 EDTTYCTyco settles patent litigation with Ningbo
Tyco announced the resolution of pending litigation with Ningbo Signatronic Technologies. Under a settlement agreement resolving both the ITC and District Court actions, the parties have agreed that Ningbo will withdraw from the United States certain EAS label models that use these patents, and make an unspecified payment to Tyco. Consent agreements memorializing the resolution will be filed in both the ITC and District Court actions, and both actions will be terminated. All other terms of the settlement are confidential.
07:57 EDTTYCForeign trade group warns inversion crackdown could prompt job cuts, WSJ says
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05:54 EDTRADStocks with implied volatility movement; RAD S
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