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Stock Market & Financial Investment News

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February 14, 2014
16:31 EDTBRK.A, DISH, MCO, STRZA, LMCA, COP, SU, USB, USG, DVA, XOM, WFC, LBTYA, BRK.B, GSKBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: Liberty Global (LBTYA). INCREASED STAKES: Wells Fargo (WFC), Exxon Mobil (XOM), Davita (DVA), USG (USG) and US Bancorp (USB). DECREASED STAKES: Suncor (SU), ConocoPhillips (COP), Liberty Media (LMCA), Starz (STRZA) and Moody's (MCO). LIQUIDATED STAKES: Dish Network (DISH) and GlaxoSmithKline (GSK).
News For B;LBTYA;WFC;XOM;DVA;USG;USB;SU;COP;LMCA;STRZA;MCO;DISH;GSK From The Last 14 Days
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August 12, 2014
17:26 EDTDISHDish viewed as favored T-Mobile acquirer after Sprint drops bid, Bloomberg says
Dish Network (DISH) is viewed as a favorite to acquire T-Mobile (TMUS) after Sprint (S) dropped its plans to acquire the company last week, according to Bloomberg, citing analysts at Moody's Investors Service and Macquarie Group. Being an industry outsider, Dish wouldn't reduce the number of competitors in the wireless market, which would please regulators, Bloomberg added. Reference Link
07:48 EDTWFC, USBBanks posted second-highest profit in 23 years in second quarter, WSJ says
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07:46 EDTXOMJacobs receives contract from Exxon Mobil
Jacobs Engineering (JEC) announced that it was awarded a contract from ExxonMobil (XOM)Chemical to provide engineering, procurement and construction services as part of a multi-billion dollar ethane cracker project in ExxonMobil’s Baytown, Texas complex and associated premium product facilities in Mont Belvieu, Texas. Company officials did not disclose the contract value. Under the terms of the contract, Jacobs is providing site enabling works and interconnections services for the two sites. Jacobs’ scope of work includes site preparation of 350 acres for the ethane cracker in Baytown and 100 acres for the product facilities in Mont Belvieu.
07:15 EDTGSKWHO says ethical to offer unproven interventions in light of Ebola outbreak
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07:12 EDTWFCWells Fargo sells nearly $1.3B in troubled mortgage debt, Bloomberg says
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06:18 EDTGSKGSK CEO faces pressure as company deals with weak sales, allegations, WSJ says
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August 11, 2014
17:37 EDTXOMExxon Mobil awarded $373.92M government contract
Exxon Mobile Fuels Lubricants & Specialties Marketing Co. has been awarded a maximum $373.92M fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for aviation turbine fuel and naval fuel. This contract was a competitive acquisition with 16 offers received. This is a one-year base contract with a 30-day carry-over period and no option periods. Locations of performance are Virginia and California, with an Oct. 30, 2015 performance completion date. Using service is Defense Logistics Agency Energy.
15:23 EDTMCOJPMorgan to hold a conference
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12:57 EDTGSKGlaxoSmithKline facing new bribery allegations in Syria, Reuters reports
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09:31 EDTXOMExxon Mobil management to meet with Oppenheimer
Meeting to be held in the Midwest on August 13 hosted by Oppenheimer.
08:47 EDTGSKGlaxo to conduct Ebola vaccine trials later this year, Guardian says
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06:58 EDTMCOUBS to hold a conference
UBS Financials 1:1 Conference to be held in Chicago on August 11.
August 8, 2014
10:35 EDTXOMSeadrill announces commitment for West Saturn unit
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09:03 EDTGSKGlaxoSmithKline weakness creates buying opportunity, says Argus
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07:18 EDTUSB, WFCRegulators direct banks to steer mortgage aid to hard-hit areas, FT says
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06:18 EDTGSKRoyal Bank of Scotland's Hampton leads race to become new GSK chair, FT reports
Royal Bank of Scotland (RBS) Chairman Philip Hampton is the frontrunner to succeed Christopher Gent as chairman of GlaxoSmithKline (GSK), the Financial Times reports, citing sources. Gent will step down from his role at GSK next year. Hampton is not expected to step down from RBS until after May's general election, the sources say. Reference Link
August 7, 2014
11:57 EDTXOMExxon Mobil evacuating staff from Kurdistan, Reuters says
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08:36 EDTCOPConocoPhillips weakness creates favorable entry point, says Argus
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08:23 EDTWFCL.A. suit against JPMorgan over mortgage lending dismissed, Reuters reports
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07:59 EDTDISHDISH price target raised to $78 from $62 at Brean Capital
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