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Stock Market & Financial Investment News

News Breaks
December 14, 2012
10:00 EDTBP, CLWR, NOV, IPAR, ADBE, WYNN, NDAQ, LEAP, ENDP, EZPW, XOM, CIEN, CME, ETHOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BP (BP) downgraded to Neutral from Outperform at Credit Suisse... CME Group (CME) downgraded to Underperform from Market Perform at Keefe Bruyette... Ciena (CIEN) downgraded to Market Perform from Outperform at BMO Capital... Exxon Mobil (XOM) downgraded to Neutral from Buy at Goldman... EZCORP (EZPW) downgraded to Neutral from Buy at Nomura... Endo Health (ENDP) downgraded to Underperform from Hold at Needham... Leap Wireless (LEAP) downgraded to Perform from Outperform at Oppenheimer... NASDAQ (NDAQ) downgraded to Market Perform from Outperform at Keefe Bruyette... Wynn Resorts (WYNN) downgraded to Neutral from Buy at UBS... Ethan Allen (ETH) downgraded to Hold from Buy at Stifel Nicolaus... Adobe (ADBE) downgraded to Neutral from Buy at Janney Capital... Inter Parfums (IPAR) downgraded to Average from Above Average at Caris... National Oilwell (NOV) downgraded to Neutral from Buy at Guggenheim... Clearwire (CLWR) downgraded to Neutral from Buy at Guggenheim.
News For BP;CME;CIEN;XOM;EZPW;ENDP;LEAP;NDAQ;WYNN;ADBE;IPAR;NOV;CLWR;ETH From The Last 14 Days
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July 23, 2014
06:36 EDTBPEU fails to impose tough sanctions on Russia, NY Times says
EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc's foreign ministers yesterday, according to The New York Times. Given their dependence on Russia's energy, EU countries have "largely decided" they "have to live with" Russia, the newspaper stated. Significant Russian companies include Gazprom (OGZPY), Lukoil (LUKOY) and Yandex (YNDX), while BP (BP) has a 20% stake in major Russian energy company Rosneft. Reference Link
July 22, 2014
16:10 EDTETHEthan Allen increases dividend 20% to 12c
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16:09 EDTENDPEndo initiated with a Buy at Deutsche Bank
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06:29 EDTBPEU weighing new sanctions on Russia, NY Times says
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July 21, 2014
13:36 EDTXOMExxon Mobil files export application for Alaska LNG project
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12:10 EDTEZPWOn The Fly: Midday Wrap
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10:31 EDTEZPWHigh option volume stocks:
High option volume stocks: EZPW LCI STLD SIAL FL OREX CROX NIHD EXTR BBT
10:02 EDTEZPWOn The Fly: Analyst Downgrade Summary
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09:22 EDTEZPWEZCORP downgraded to Neutral from Buy at Sidoti
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08:17 EDTEZPWEZCORP appoints CFO Mark Kuchenrither as interim CEO and President
Kuchenrither will remain CFO.
08:16 EDTBPFMC Technologies signs agreement to develop susbsea equipment and systems
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07:15 EDTADBEO'Reilly to hold a conference
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July 18, 2014
16:41 EDTEZPWEZCORP removes Paul Rothamel as CEO, to appoint interim CEO shortly
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06:33 EDTBPChinese helping Russia blunt sanctions' impact, NY Times says
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July 17, 2014
10:00 EDTETHOn The Fly: Analyst Initiation Summary
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07:31 EDTXOMWEX signs definitive purchase agreement regarding Exxon's Esso Card program
WEX Inc. (WEX) announced the execution of the definitive purchase and sale agreement relating to the previously announced proposed acquisition of ExxonMobil’s (XOM) European commercial fuel card, or Esso Card, program through a majority owned joint venture, WEX Europe Services Limited. In addition, all necessary regulatory approvals have been received and the employee information and consultation processes have been cleared. The transaction is on track and is expected to close in late 2014 or early 2015. “The purchase of the Esso Card portfolio remains an important element to building our on-the-ground presence in the European market, and enhances WEX’s long-term growth profile. Our efforts to advance this transaction remain on track and position us to create a substantial and profitable European footprint,” said Melissa Smith, WEX’s president and CEO.
07:27 EDTADBEFCC to hold a meeting
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July 16, 2014
17:25 EDTETHEthan Allen initiated with a Neutral at Nomura
Target $26.
13:18 EDTBPBP aims to invest $10B in Egypt gas project, Daily News Egypt says
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06:27 EDTBPBP retirement-plan case reintroduced by U.S. court, Reuters says
The 5th U.S. Circuit Court of Appeals in New Orleans brought back a case in which participants in four BP worker retirement savings plans alleged they were tricked into purchasing and holding BP stock before and after the 2010 Deepwater Horizon disaster, according to Reuters, citing comments from BP spokesman Geoff Morrell. Reference Link
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