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Stock Market & Financial Investment News

News Breaks
November 30, 2012
09:59 EDTNTLS, YUM, BF.B, OPNT, TIF, TLM, RY, SWKOn 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
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May 27, 2015
08:52 EDTTIFTiffany says on track to add 12-15 stores this year
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08:45 EDTTIFTiffany says Q1 Americas sales reflects higher domestic, lower tourist spending
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07:05 EDTTIFTiffany backs view of 'minimal' growth in FY15 EPS from $4.20 last year
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07:02 EDTTIFTiffany reports Q1 EPS 81c, consensus 70c
Reports Q1 revenue $962.4M, consensus $918.68M. On a constant-exchange-rate basis excluding the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales rose 1% due to growth in all regions except Japan and driven by increased sales of fashion gold jewelry and statement jewelry; worldwide comparable store sales on that basis were 1% below last year.
May 26, 2015
20:50 EDTYUMBernstein to hold a conference
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15:00 EDTTIFNotable companies reporting before tomorrow's open
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13:57 EDTTIFTiffany technical comments before earnings
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13:02 EDTYUMYum! Brands says Pizza Hut to remove artificial colors, flavors from pizzas
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13:01 EDTYUMYum! Brands says Taco Bell to remove artificial colors, flavors
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10:53 EDTTIFRumors of LVMH interest in Tiffany likely to resurface, CTFinancialNews says
The underperformance in shares of Tiffany (TIF) has previously stoked rumors that LVMH Mot Hennessey (LVMHY) is interested in acquiring the jeweler and those rumors will likely resurface after Tiffany reports earnings tomorrow before the open, said CTFinancialNews, citing comments from Driscoll Advisors' Marie Driscoll. Reference Link
May 25, 2015
16:41 EDTRYCity National to host special shareholder meeting
Special Shareholder Meeting to vote on the merger by and among City National, Royal Bank of Canada and RBC USA Holdco Corp will be held in Los Angeles on May 27 at 7 pm.
May 22, 2015
10:34 EDTYUMYum! Brands management to meet with Oppenheimer
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07:58 EDTTIFTiffany June volatility elevated into Q1 and outlook
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May 19, 2015
16:45 EDTRYCity National reaches tentative settlement in shareholder dispute of RBC merger
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May 18, 2015
08:35 EDTYUMYum! Brands price target raised to $105 from $90 at Oppenheimer
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07:19 EDTSWKElectric Products Group to hold a conference
EPG 2015 is being held in Longboat Key, Florida on May 18-20 with webcasted company presentations to begin on May 18 at 7:30 am; not all company presentations may be webcasted. Webcast Link
May 15, 2015
12:13 EDTYUMThird Point gives quarterly update on stakes
NEW STAKES: Yum! Brands (YUM), NXP Semiconductors (NXPI), FedEx (FDX), McKesson (MCK), and J M Smucker (SJM). INCREASED STAKES: Actavis (ACT), Roper Technologies (ROP), Delta Air Lines (DAL), and FleetCor Technologies (FLT). DECREASED STAKES: Ally Financial (ALLY), Amgen (AMGN), Phillips 66 (PSX), eBay (EBAY), and Anheuser Busch Inbev SA (BUD). LIQUIDATED STAKES: Alibaba Group (BABA), Citigroup (C), EMC Corporation (EMC), Anglo American (AAL), and Williams Companies (WMB).
12:07 EDTYUMThird Point reports new stakes in Yum! Brands, FedEx, McKesson
10:01 EDTYUMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aspen Technology (AZPN) upgraded to Overweight from Sector Weight at Pacific Crest... Canadian National (CNI) upgraded to Outperform from Sector Perform at Scotia Capital... Connecticut Water (CTWS) upgraded to Outperform from Market Perform at Wells Fargo... Hanesbrands (HBI) upgraded to Buy from Neutral at DA Davidson... Impala Platinum (IMPUY) upgraded to Buy from Neutral at Goldman... Inovalon (INOV) upgraded to Buy from Neutral at Goldman... J.C. Penney (JCP) upgraded to Market Perform at BMO Capital... Sovran Self Storage (SSS) upgraded to Buy from Neutral at UBS... Syngenta (SYT) upgraded to Neutral from Underperform at Exane BNP Paribas... UPS (UPS) upgraded to Buy from Neutral at Goldman... Union Pacific (UNP) upgraded to Buy from Hold at TD Securities... Yum! Brands (YUM) upgraded to Overweight from Neutral at JPMorgan.
06:47 EDTYUMYum! Brands upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Yum! Brands to Overweight saying it believes a spin-off of China and levering up of the franchise business has moved from a "possibility" to a "probability." After attending the Yum China investor conference, the firm thinks the company is now welcome to ideas that can drive short and long term shareholder value. It raised its price target for the stock to $108 from $83.
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