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Stock Market & Financial Investment News

News Breaks
May 23, 2014
09:59 EDTSTT, DNOW, GMLP, DRTX, BK, KIN, GLOG, CCC, NTRS, GLNG, DLNG, CMSOn 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
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February 11, 2016
16:05 EDTKINKindred Biosciences submits Zimeta NADA
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February 10, 2016
09:37 EDTGLNGGolar LNG agrees to sell Golar Tundra for $330M
Golar LNG announced that it has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit, to Golar LNG Partners LP for a sale price of $330M. In connection with the closing, the Partnership will receive a daily fee plus operating expenses, aggregating to approximately $2.6M per month, for Golar's right to use the FSRU from the date of the closing until the date that the Golar Tundra commences operations under its time charter with West Africa Gas Limited. In return, the Partnership will remit to Golar any hire income received with respect to the Golar Tundra during this period. The sale is expected to close in March 2016 and the vessel is expected to commence operations under its time charter with West Africa Gas Limited at the end of the second quarter of 2016.
09:22 EDTGMLP, GLNGGolar LNG Partners to acquire ownership interest Tundra for $330M
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07:12 EDTBKBNY Mellon files automatic mixed securities shelf
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February 9, 2016
16:03 EDTBKPershing names Lori Hardwick as COO
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07:31 EDTBKBNY Mellon volatility elevated
BNY Mellon February weekly call option implied volatility is at 50, February is at 41, March is at 36; compared to its 52-week range of 14 to 38, suggesting large near term price movement.
February 8, 2016
09:35 EDTCMSCMS Energy downgraded to Neutral from Buy at Hilliard Lyons
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07:26 EDTNTRSThe FDIC and Federal Reserve Bank of San Francisco to hold a conference
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February 5, 2016
06:00 EDTSTTState Street close to deal to buy GE asset management unit, Reuters reports
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February 4, 2016
07:34 EDTCMSCMS Energy sees EPS growth of 6%-8% starting in 2017
07:34 EDTCMSCMS Energy increases projecting spending on CapEx over next 10 years to $17B
The company also increased its projected spending on capital expenditures over the next 10 years from $15.5 billion to $17 billion. The additional spending enables CMS Energy to increase its earnings per share guidance to 6% to 8%, starting in 2017.
07:33 EDTCMSCMS Energy raises FY16 EPS to $1.99-$2.02 from $1.87-$1.89, consensus $1.89
07:32 EDTCMSCMS Energy reports Q4 EPS 38c, consensus 38c
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January 29, 2016
11:27 EDTGLNGBarrow, Hanley, Mewhinney & Strauss reports 5.99% passive stake in Golar LNG

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