News Breaks |
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| October 15, 2012 |
| 10:06 EDT |  | CF, TZOO, HRS, BMC, WFC, PGR, CELG, CBS, HAS, BAM, KO | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BMC Software (BMC) downgraded to Market Perform from Outperform at Raymond James... Brookfield (BAM) downgraded to Hold from Buy at Canaccord... Celgene (CELG) downgraded to Perform from Outperform at Oppenheimer... Harris (HRS) downgraded to Sell from Neutral at Lazard Capital... Hasbro (HAS) downgraded to Sell from Neutral at Goldman... Progressive (PGR) downgraded to Sell from Neutral at Citigroup... Travelzoo (TZOO) downgraded to Neutral from Buy at Ascendiant Capital... CBS (CBS) downgraded o Neutral from Overweight at Atlantic Equities... Wells Fargo (WFC) downgraded to Neutral from Market Perform at Leerink... Coca-Cola (KO) downgraded to Underperform from Outperform at CLSA... CF Industries (CF) downgraded to Hold from Buy at Dahlman Rose. |
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News For BMC;BAM;CELG;HRS;HAS;PGR;TZOO;CBS;WFC;KO;CF From The Last 14 Days Check below for free stories on BMC;BAM;CELG;HRS;HAS;PGR;TZOO;CBS;WFC;KO;CF the last two weeks. |
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| June 20, 2013 |
| 07:10 EDT |  | WFC | Four big banks fail to comply with parts of mortgage settlement, WSJ reports
Four large U.S. banks have failed to comply with key elements of a landmark $25B mortgage settlement, said Joseph A. Smith Jr., the independent monitor responsible for overseeing the settlement. Bank of America (BAC), JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC) each failed to meet at least one of 29 standards for providing timely and accurate relief to homeowners at risk of foreclosure, reports the Wall Street Journal.Reference Link |
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| 06:04 EDT | | WFC | On the Fly: Periodicals Wrap-Up
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| June 19, 2013 |
| 15:05 EDT |  | WFC | Bernanke says largest banks at or near compliant to Basel III rules
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| 10:01 EDT |  | KO | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Coca-Cola (KO) initiated with an Outperform at Credit Suisse... Dr Pepper Snapple (DPS) initiated with a Neutral at Credit Suisse... Keryx (KERX) initiated with an Overweight at JPMorgan... Neurocrine Biosciences (NBIX) initiated with an Outperform at Oppenheimer... PepsiCo (PEP) initiated with a Neutral at Credit Suisse... Superior Energy (SPN) initiated with an Outperform at Cowen... Chambers Street Properties (CSG) initiated with a Neutral at Ladenburg... Synergy Resources (SYRG) initiated with an Outperform at Iberia... Callidus Software (CALD) initiated with a Buy at Lake Street... Teva (TEVA) initiated with a Buy at Maxim... Ubiquiti Networks (UBNT) initiated with an Outperform at JMP Securities... Vantiv (VNTV) initiated with an Overweight at Morgan Stanley... Visa (V) initiated with an Overweight at Morgan Stanley... MasterCard (MA) initiated with an Overweight at Morgan Stanley... Global Payments (GPN) initiated with an Underweight at Morgan Stanley... Green Dot (GDOT) initiated with an Underweight at Morgan Stanley... Total System (TSS) initiated with an Equal Weight at Morgan Stanley... MoneyGram (MGI) initiated with an Equal Weight at Morgan Stanley... Heartland Payment (HPY) initiated with an Equal Weight at Morgan Stanley... FleetCor (FLT) initiated with an Equal Weight at Morgan Stanley... Western Union (WU) initiated with an Equal Weight at Morgan Stanley... CorEnergy (CORR) initiated with an Outperform at Wells Fargo. |
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| 06:21 EDT | | KO | Coca-Cola initiated with an Outperform at Credit Suisse
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| June 18, 2013 |
| 16:13 EDT | | KO | AMA adopts policy supporting ban of marketing energy drinks to kids
The American Medical Association, or AMA, announced that it voted during its Annual Meeting to adopt several new policies on emerging issues in public health and science. Among the policies adopted was support for a ban of the marketing of high stimulant/caffeine drinks to adolescents under the age of 18. "Energy drinks contain massive and excessive amounts of caffeine that may lead to a host of health problems in young people, including heart problems, and banning companies from marketing these products to adolescents is a common sense action that we can take to protect the health of American kids," said AMA board member Alexander Ding, M.D. The Fly notes that Forbes reported earlier this week that the AMA might endorse such a ban. |
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| 15:23 EDT | | KO | AMA calls for ban on advertising energy drinks to kids, Bloomberg says
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| 06:43 EDT | | CF | White House says president would veto House farm bill, Politico reports
The White House warned yesterday that President Obama would veto the farm bill that the House is considering, according to Politico. The White House objects to cuts in food stamps in the bill, and wants to cut crop insurance subsidies instead, the website stated. Reference Link |
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| June 17, 2013 |
| 13:17 EDT | | HAS | Hasbro, Rovio announce expanded Angry Birds agreement
Hasbro and Rovio Entertainment announced an expanded licensing agreement for Hasbro to develop toys and physical games based on the Angry Birds brand. The new agreement makes Hasbro the premier toy licensee for Angry Birds, including the upcoming game Angry Birds Go! set to be released this year. In addition, Hasbro will continue to develop and expand their collaboration with Angry Birds Star Wars from Rovio Entertainment and LucasFilm. The terms of the agreement give Hasbro licensing rights worldwide. New toys and games are planned for fall 2013 based on the upcoming Angry Birds Go! property and Angry Birds Star Wars. More details will be released later in the year. |
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| 10:38 EDT |  | CF | CF Industries upgraded to Hold from Sell at BGC Partners
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| 07:31 EDT |  | WFC | DNV KEMA to host a forum
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| 07:22 EDT | | KO | Biotech Industry Organization to host a conference
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| 07:10 EDT | | WFC | Big banks fight new rules for small loans, WSJ reports
Large banks are pushing back against regulators' plans to toughen rules on short-term, high-interest consumer loans. Wells Fargo, the largest bank to offer "deposit-advance loans," told regulators that it will discontinue the loans if plans for tougher rules are completed, reports the Wall Street Journal.Reference Link |
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| 06:14 EDT | | WFC | On the Fly: Periodicals Wrap-Up
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| 05:44 EDT | | CELG | Celgene awarded marketing authorisation for Revlimid from EC
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| June 16, 2013 |
| 19:25 EDT | | BAM | Brookfield to sell Longview Fibre Paper and Packaging to KapStone for $1.03B
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| 19:21 EDT | | HRS | Harris receives $92M contract from Middle East nation for communication system
Harris Corporation has received a $92M contract from a Middle Eastern nation for an integrated command, control and communications system. The system will provide this customer with advanced capabilities for use in defense and security missions. The system leverages the latest in Harris’ wideband tactical radios and integrated systems capabilities to provide fully networked Internet Protocol-based voice, data and video services across the mission area. |
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| 19:19 EDT | | HRS | Harris receives $55M in orders for Falcon tactical radios
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| 14:39 EDT | | BAM | Brookfield sells Longview Timber, Longview Fibre Paper and Packaging for $3.7B
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| 13:55 EDT | | BAM | Weyerhaeuser's Longview Timber acquisition seen as immediately accretive
Weyerhaeuser Company (WY) announced it has a signed definitive stock purchase agreement to acquire Longview Timber from affiliates of Brookfield Asset Management (BAM) for $2.65B, which includes the assumption of debt. Upon closing, Weyerhaeuser expects the acquisition to be immediately accretive to the company's funds available for distribution per share. In conjunction with and subject to the completion of the acquisition, the company intends to increase its quarterly dividend from 20c per share to 22c per share beginning with the Q3 dividend, payable in September. Weyerhaeuser expects that the cash flows and synergies from the acquisition will enhance its ability to further increase its dividend in the future. |
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