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Stock Market & Financial Investment News

News Breaks
May 29, 2014
10:26 EDTPAGP, MDAS, HSY, DG, CS, BMO, NJR, MANU, FIATY, DLR, CRZBD, WOPEY, NGG, AWAY, EDPFY, DSW, CELGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Bank of Montreal (BMO) downgraded to Sector Perform from Outperform at RBC Capital... Celgene (CELG) downgraded to Neutral from Overweight at JPMorgan... Commerzbank (CRZBD) downgraded to Neutral from Outperform at Exane BNP Paribas... Credit Suisse (CS) downgraded to Neutral from Buy at BofA/Merrill... DSW (DSW) downgraded to Neutral from Positive at Susquehanna... Digital Realty (DLR) downgraded to Hold from Buy at Cantor... Dollar General (DG) downgraded at Sterne Agee... Energias de Portugal (EDPFY) downgraded to Sell from Neutral at Citigroup... Fiat (FIATY) downgraded to Underperform from Market Perform at Bernstein... Hershey (HSY) downgraded to Hold from Buy at Argus... HomeAway (AWAY) downgraded to Neutral from Overweight at JPMorgan... Manchester United (MANU) downgraded to Neutral from Overweight at JPMorgan... MedAssets (MDAS) downgraded to Neutral from Buy at Citigroup... National Grid (NGG) downgraded to Neutral from Outperform at Credit Suisse... New Jersey Resources (NJR) downgraded to Hold from Buy at Brean Capital... Plains GP Holdings (PAGP) downgraded to Equal Weight from Overweight at Stephens... Woodside Petroleum (WOPEY) downgraded to Market Perform from Outperform at Bernstei.
News For BMO;CELG;CRZBD;CS;DSW;DLR;DG;EDPFY;FIATY;HSY;AWAY;MANU;MDAS;NGG;NJR;PAGP;WOPEY From The Last 14 Days
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May 18, 2015
16:25 EDTPAGPPlains GP Holdings initiated with a Hold at Deutsche Bank
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15:29 EDTPAGPOptions with increasing volume
Options with increasing volume: ACHN PAGP CBG NI NGLS LEA OKS GTI WETF URBN
08:44 EDTCELGCelgene data positive, says SunTrust
SunTrust believes that data presented for Celgene's GED-0301 in Crohn's indicated that the drug is effective irrespective of baseline disease severity and CRP levels.Consequently, the firm thinks the data addressed questions raised in an NEJM editorial about the drug. It keeps a $141 price target and Buy rating on the shares.
08:32 EDTCSOvaScience announces Ravi Mehrotra as Chief Corporate Development Officer
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07:31 EDTCELGCelgene, Acceleron granted fast track designations for luspatercept
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May 15, 2015
17:33 EDTDGPoint72 Asset Management gives quarterly update on stakes
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May 14, 2015
11:11 EDTCELGAnalysts divided on significance of Celgene blood cancer drug data
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10:00 EDTBMOOn The Fly: Analyst Downgrade Summary
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08:13 EDTBMOBank of Montreal downgraded to Hold from Buy at TD Securities
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07:06 EDTMANUManchester United sees 2015 revenue GBP385M-GBP395M
Raises 2015 EBITDA outlook to GBP103M-GBP110M from GBP90M-GBP95M. The company said, "Our commercial revenues were up year over year and we are raising EBITDA guidance for fiscal year 2015 from 90-95 million to 103-110 million."
07:04 EDTMANUManchester United reports Q3 adjusted net income (GBP7.1M) vs. GBP13M last year
Reports Q3 revenue GBP95M vs. GBP115.5M last year. The company said, "Matchday revenue for the third quarter was 25.5 million, a decrease of 11.6 million, or 31.3%, over the prior year quarter, primarily due to two fewer FAPL home games in the current quarter and non-participation in the UEFA Champions League."
05:37 EDTDLRDigital Realty confirms that it will not make offer for Telecity
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May 13, 2015
17:42 EDTCELGCelgene announces over 55 blood, solid tumor cancer study presentations at ASCO
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11:12 EDTPAGPEnergy MLPs weak despite Williams deal for Williams Partners
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09:44 EDTPAGPMLPs that could trade up on Williams, Williams Partners news, says Credit Suisse
Credit Suisse said Plains GP Holdings (PAGP), Targa Resources (TRGP), NuStar (NSH), Western Gas Equity (WGP) could trade up on the Williams (WMB)/Williams Partners (WPZ) merger news.
07:21 EDTCSCredit Suisse to hold a conference
4th Annual Disruptive Technology Conference is being held in San Francisco on May 13-14 with webcasted company presentations to begin on May 13 at 10:35 am; not all company presentations may be webcasted. Webcast Link
May 12, 2015
14:13 EDTBMOBove says it may be time to buy bank stocks
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08:07 EDTAWAYSunTrust to hold a conference
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07:48 EDTBMOStandard & Poor's to hold a summit
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07:33 EDTCELGAlliqua announces licensing agreement with Celgene
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