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Stock Market & Financial Investment News

News Breaks
May 23, 2014
09:59 EDTSTT, NTRS, DNOW, KIN, GLNG, GMLP, GLOG, DLNG, DRTX, CCC, CMS, BKOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: BNY Mellon (BK) initiated with a Hold at Deutsche Bank... CMS Energy (CMS) initiated with an Outperform at RW Baird... Calgon Carbon (CCC) initiated with an Outperform at Boenning & Scattergood... Durata Therapeutics (DRTX) initiated with a Buy at MLV & Co.... Dynagas LNG (DLNG) initiated with a Buy at Stifel... GasLog (GLOG) initiated with a Hold at Stifel... Golar LNG Partners (GMLP) initiated with a Buy at Stifel... Golar LNG (GLNG) initiated with a Hold at Stifel... Kindred Biosciences (KIN) initiated with a Buy at Craig-Hallum... NOW Inc. (DNOW) initiated with an Overweight at Stephens... Northern Trust (NTRS) initiated with a Hold at Deutsche Bank... State Street (STT) initiated with a Hold at Deutsche Bank.
News For BK;CMS;CCC;DRTX;DLNG;GLOG;GMLP;GLNG;KIN;DNOW;NTRS;STT From The Last 14 Days
Check below for free stories on BK;CMS;CCC;DRTX;DLNG;GLOG;GMLP;GLNG;KIN;DNOW;NTRS;STT the last two weeks.
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August 28, 2014
07:18 EDTCMSCMS Energy management to meet with Deutsche Bank
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August 27, 2014
07:29 EDTBKBNY Mellon signs trade processing partnership with Helaba, G25
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August 26, 2014
11:12 EDTBKBNY Mellon loses authorization to operate in Argentina, Reuters says
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09:48 EDTGLNGGolar LNG says recent weeks show moderate improvement in chartering demand
Golar LNG said, "Although recent weeks have shown a moderate improvement in chartering demand, the Board believes that this is primarily linked to a temporary market condition related to the current contango in the LNG pricing curve going out into the winter of 2014/15. Supply demand fundamentals remain challenging and therefore investors should anticipate operating results for the balance of the year to be generally in line with the first half of 2014. In recognition of the current improved utilisation of the spot vessels, all of which are currently employed, operating results for the third quarter can however be expected to show some minor improvement over the second quarter...The company fulfilled its commitment to complete and obtain funding for the company's maiden FLNG vessel as of the end of the second quarter 2014. The proceeds from the offering put the company on a solid footing to maintain a fast track schedule for yard delivery of the first FLNG vessel in the first quarter of 2017. The company has made positive progress on securing agreements for the deployment of the vessel to coincide with the delivery timing from the yard."
09:45 EDTGLNGGolar LNG reports Q2 operating revenue $21.08M, consensus $20.36M
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August 25, 2014
15:18 EDTGLNGNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Best Buy (BBY), consensus 31c; Golar LNG (GLNG), consensus (7c); DSW (DSW), consensus 32c; Tech Data (TECD), consensus 77c; Sanderson Farms (SAFM), consensus $3.82; Movado (MOV), consensus 54c; Trina Solar (TSL), consensus 14c.
August 24, 2014
15:30 EDTBKRio court freezes $87M in BNY Mellon funds, Bloomberg says
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August 22, 2014
08:02 EDTGLNGGolar LNG price target raised to $78-$90 from $55-$60 at Wells Fargo
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August 21, 2014
09:07 EDTKINOn The Fly: Pre-market Movers
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08:20 EDTKINKindred Biosciences price target lowered to $19 from $30 at BMO Capital
BMO Capital cut its price target on Kindred after the company announced that its pivotal study of CereKin for the treatment of osteoarthritis in dogs did not meet its primary endpoint. However, the firm thinks that each of two other trials that the company is undertaking has a 70% chance of succeeding. The firm believes that the company has many more shots on goal, and it keeps an Outperform rating on the shares.
08:04 EDTGLOGGasLog has reached solid entry point, says Wells Fargo
After GasLog reported in-line Q2 EPS, Wells Fargo thinks the company's growth outlook remains strong, while its valuation is still attractive. The firm keeps an Outperform rating on the shares.
August 20, 2014
18:35 EDTKINOn The Fly: After Hours Movers
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16:03 EDTKINKindred reports pivotal field study of CereKin did not meet primary endpoint
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16:00 EDTKINKindred Biosciences trading halted, pending news
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06:53 EDTGLOGGasLog sees medium to long-term outlook for LNG shipping "very positive"
Gaslog expects additional LNG production from Algeria and BG Groupís first 4.5mtpa production train at Curtis LNG in Queensland, Australia in 2H14. This will be followed by additional production from other new projects in Australia, South East Asia and North America in 2015 and beyond. The company stated that the medium to long-term outlook for LNG shipping is very positive and anticipates significant opportunities to capture upside in the market in the coming years, particularly as the expected ramp up of new liquefaction capacity around the world is projected to outstrip the number of ships currently on order.
06:51 EDTGLOGGasLog reports Q2 adjusted EPS 13c, consensus 12c
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August 19, 2014
15:16 EDTGLOGNotable companies reporting before tomorrow's open
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