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Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:00 EDTITC, HLF, BEAV, TWER, LRCX, IP, ENTR, RTI, KBR, HUB.B, COLB, VPFG, ZQKDA Davidson introduces best ideas for 2013
DA Davidson's top ideas for 2013 include B/E Aerospace (BEAV), Columbia Banking (COLB), Entropic (ENTR), Herbalife (HLF), Hubbell (HUB.B), International Paper (IP), ITC Holdings (ITC), KBR (KBR), Lam Research (LRCX), Quicksilver (ZQK), RTI International (RTI), Towerstream Co (TWER), and Viewpoint Financial (VPFG).
News For B;IP;ITC;KBR;LRCX;ZQK;RTI;TWER;VPFG From The Last 14 Days
Check below for free stories on B;IP;ITC;KBR;LRCX;ZQK;RTI;TWER;VPFG the last two weeks.
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May 22, 2013
11:34 EDTLRCXLam Research downgraded to Hold from Buy at Standpoint Research
May 21, 2013
16:10 EDTKBRKBR awarded FEED contract for world-scale LNG project in British Columbia
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May 17, 2013
07:33 EDTIPPaper & Packaging names likely to return cash to holders, says Jefferies
Jefferies expects names in the Paper & Packaging space to start returning cash to shareholders at a greater rate due to strong balance sheets and record free cash flow. The firm names International Paper (IP), RockTenn (RKT) and Owens-Illinois (OI) as best positioned to see higher share prices from more aggressive cash returns to shareholders. Jefferies says Crown Holdings (CCK), Graphic Packaging (GPK) and Owens-Illinois are likely to issue dividends.
May 16, 2013
18:41 EDTZQKQuiksilver announces multi-year profit improvement plan
Quiksilver announced an aggressive multi-year profit improvement plan designed to accelerate the company's three fundamental strategies of strengthening brands, growing sales and driving operational efficiencies. The plan's initiatives focus on prioritizing the company's core brands, globalizing key functions and reducing its cost structure. The company expects that the plan, when fully implemented in 2016, will improve EBITDA by approximately $150M, of which approximately one-half will come from supply chain optimization and the other half primarily from corporate overhead reductions, licensing opportunities, net revenue growth and improved pricing management, compared with 2012 results. More specifically, the plan calls for improvement, over the same period, in the following areas: Net revenues to see compound annual growth rate of approximately 2.5%, and EBITDA to increase to at least 13% of net revenues.
May 15, 2013
17:26 EDTIPThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
13:15 EDTIPInternational Paper price target raised to $53 from $48 at Argus
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11:48 EDTKBRAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
May 14, 2013
07:23 EDTBOppenheimer to host a summit
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May 13, 2013
16:15 EDTKBRKBR wins facilities management contract in U.K.
KBR announced that it has been awarded a contract by the London Mayor’s Office for Policing and Crime to provide facilities management integrator services to the Metropolitan Police Service. The contract includes procuring, managing and auditing the facilities management supply chain on behalf of the Metropolitan Police Service. KBR will also design and manage a building management system to reduce overall maintenance costs to the metropolitan police and establish and manage a facilities management call center.
May 10, 2013
10:56 EDTZQKT. Rowe Price reports 10.5% passive stake in Quiksilver
May 9, 2013
16:10 EDTTWERTowerstream reports Q1 EPS (9c), consensus (11c)
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10:08 EDTKBROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Chicago Bridge & Iron (CBI) initiated with a Buy at Deutsche Bank... Fluor (FLR) initiated with a Buy at Deutsche Bank... Infinity Pharmaceuticals (INFI) initiated with an Outperform at Wells Fargo... Jacobs Engineering (JEC) initiated with a Hold at Deutsche Bank... KBR (KBR) initiated with a Buy at Deutsche Bank... MasTec (MTZ) initiated with a Buy at Deutsche Bank... McDermott (MDR) initiated with a Hold at Deutsche Bank... Merit Medical (MMSI) initiated with a Hold at Benchmark Co... Ocean Power (OPTT) initiated with a Strong Buy at Ascendiant Capital... Quanta Services (PWR) initiated with a Buy at Deutsche Bank... ZELTIQ Aesthetics (ZLTQ) initiated with a Buy at Maxim... Evercore Partners (EVR) initiated with a Positive at Susquehanna... Alexander & Baldwin (ALEX) initiated with an Outperform at JMP Securities... Myriad Genetics (MYGN) coverage resumed with an Overweight at Stephens... Pinnacle Foods (PF) initiated with a Buy at Janney Capital.
May 8, 2013
16:30 EDTKBRKBR initiated with a Buy at Deutsche Bank
Target $44.
08:37 EDTZQKQuiksilver price target raised to $9 from $7 at Stifel
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