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Stock Market & Financial Investment News

News Breaks
November 30, 2012
09:59 EDTBF.B, SWK, TIF, YUM, RY, OPNT, NTLS, TLMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Brown-Forman (BF.B) downgraded to Sell from Neutral at Goldman... Stanley Black & Decker (SWK) downgraded to Neutral from Buy at Longbow... Tiffany (TIF) downgraded to Neutral from Buy at BofA/Merrill... Yum! Brands (YUM) downgraded to Neutral from Buy at UBS... Yum! Brands (YUM) downgraded to Neutral from Positive at Susquehanna... Yum! Brands (YUM) downgraded to Underperform from Market Perform at Raymond James... Royal Bank of Canada (RY) downgraded to Neutral from Buy at UBS... OPNET Technologies (OPNT) downgraded to Neutral from Buy at Mizuho... NTELOS (NTLS) downgraded to Underperform from Market Perform at FBR Capital... Talisman Energy (TLM) downgraded to Market Perform from Outperform at BMO Capital.
News For B;SWK;TIF;YUM;RY;OPNT;NTLS;TLM From The Last 14 Days
Check below for free stories on B;SWK;TIF;YUM;RY;OPNT;NTLS;TLM the last two weeks.
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May 22, 2013
07:24 EDTSWKElectrical Products Group to host a conference
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May 20, 2013
06:12 EDTTLMTalisman Energy announces first oil from HST/HSD development
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May 16, 2013
16:48 EDTYUMYum! Brands Taco Bell CEO sees doubling revenue to $14B in 10 years
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12:32 EDTRYEU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link
09:46 EDTTIFTiffany raises quarterly dividend to 34c from 32c
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May 15, 2013
17:38 EDTTIFTrian Fund gives quarterly update on stakes
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17:26 EDTTIFThird 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).
08:57 EDTSWKStanley Black & Decker management to meet with UBS
Meeting to be held in the United Kingdom on May 15 hosted by UBS.
May 14, 2013
07:23 EDTBOppenheimer to host a summit
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06:19 EDTRYRoyal Bank of Canada upgraded to Equal Weight from Underweight at Morgan Stanley
May 13, 2013
10:12 EDTYUMYum! Brands falls after reporting 29% China sales decline
Shares of Yum! Brands (YUM) are retreating after the company disclosed that its same store sales had tumbled 29% in China last month, versus the same period in 2012. WHAT'S NEW: The 29% decline in Yum's same-store sales in China, which the company announced on Friday night in an SEC filing, was roughly in-line with the its previous guidance for a decline of about 30%. The outbreak of avian flu in China had a significant negative impact on sales of Yum's KFC restaurants in that country last month, Yum! stated. Historically, the impact of avian flu outbreaks on KFC sales has been "relatively short-lived," Yum! added. ANALYST REACTION: In a note earlier today to investors, Oppenheimer analyst Brian Bittner wrote that Yum's sales in China had probably bottomed last month, as he believes that the avian flu outbreak is unlikely to accelerate. Yum should meet analysts' 2013 consensus estimates, and the company is poised to rebound significantly next year, added the analyst. He kept an Outperform rating on the stock. TODAY'S PRICE ACTION: In early trading, Yum! fell $1.73, or 2.5%, to $68.60.
10:07 EDTYUMYum! Brands July and October volatility low
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08:13 EDTYUMYum! Brands China comps likely bottomed in Q1, says Oppenheimer
After Yum! Brands reported in-line April China comps of down 29%, Oppenheimer believes that the company's China comps likely bottomed in Q1 as the firm doesn't expect the avian flu outbreak in China to worsen. The firm expects Yum! to meet 2013 expectations, and it thinks the company could rebound significantly next year. The firm reiterates an Outperform rating on the stock.
06:49 EDTRYECB member says negative deposit rates would help economy, Reuters says
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May 10, 2013
16:32 EDTYUMYum! Brands April same-store sales for China division down 29%
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09:49 EDTYUMYum! Brands embarking on media campaign in China, Reuters reports
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07:35 EDTYUMYum! Brands cleared in China after meat safety concern, WSJ says
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May 8, 2013
17:12 EDTTLMTalisman Energy names Paul Smith CFO
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05:53 EDTTLMTalisman Energy announces agreement to exit Poland
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