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Stock Market & Financial Investment News

News For STT;BLK;BCS From The Last 14 Days
Check below for free stories on STT;BLK;BCS the last two weeks.
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May 23, 2013
05:48 EDTBLK, BCSProxy advisers see their power diminish, WSJ reports
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May 21, 2013
11:01 EDTBLKBlackRock buys private equity real estate fund MGPA, Reuters says
BlackRock bought private equity real estate fund MGPA, increasing the firms presence in Asia and Europe says Reuters. Reference Link
10:00 EDTBLKOn The Fly: Analyst Upgrade Summary
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09:33 EDTBLKBloomberg LINK to host a summit
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06:00 EDTBLKBlackRock upgraded to Outperform from Neutral at Macquarie
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May 20, 2013
10:11 EDTBLKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel.
07:50 EDTBCSGulf wealth funds raise private equity investments, Reuters reports
Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link
05:38 EDTBLKBlackRock downgraded to Market Perform from Outperform at Keefe Bruyette
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May 16, 2013
13:53 EDTBLKBlackRock downgraded to Hold from Buy at Gabelli
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12:32 EDTBCSEU 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
May 15, 2013
17:38 EDTSTTTrian Fund gives quarterly update on stakes
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May 14, 2013
05:44 EDTBCSBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
19:56 EDTBLKEx-BlackRock manager arrested in U.K. insider probe, Bloomberg says
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18:06 EDTBCSBarclays gets shareholder lawsuit over Libor thrown out, Reuters says
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06:49 EDTBCSECB member says negative deposit rates would help economy, Reuters says
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