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Stock Market & Financial Investment News

News Breaks
September 10, 2012
04:55 EDTBWA, BWA, BWA, AXL, AXL, AXL, RYN, RYN, RYN, FWRD, FWRD, FWRD, XPO, XPO, XPO, BZ, BZ, BZ, WERN, WERN, WERN, KSU, KSU, KSU, TEX, TEX, TEX, CNW, CNW, CNW, CHMT, CHMT, CHMT, BIN, BIN, BINRBC Capital to host a conference
Global Industrials Conference is being held in Las Vegas on September 11-12.
News For BWA;CHMT;CNW;TEX;KSU;WERN;BZ;XPO;FWRD;RYN;AXL;BIN From The Last 14 Days
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May 22, 2013
11:06 EDTAXLAuto industry rallies after Ford, Chrysler curtail summer breaks
Shares of Ford (F), Fiat (FIATY) and GM (GM) are climbing after Ford and Fiat's Chrysler subsidiary announced that they would curtail their factories' traditional two week summer hiatus. Shares of a number of auto parts makers are also advancing following the news. WHAT'S NEW: Ford said it would idle some of its plants for only one week this summer, down from the usual two weeks. Chrysler reported that it would keep three of its assembly plants open all summer, while four of its plants will close for just one week and almost all of its engine, transmission and stamping plants will not take any breaks, according to Automotive News. GM did not disclose its specific plans, the website added. TODAY'S PRICE ACTION: In mid-morning trading, Ford climbed 1.7% to $15.20, Fiat added 0.9% to $7.05, and GM rose 0.8% to $33.65. Among auto parts makers, American Axle (AXL) advanced 1.6% to $17, Johnson Controls (JCI) climbed 0.8% to $37.85, and Dana Holding (DAN) rose 1.2% to $18.80.
10:00 EDTTEXOn The Fly: Analyst Upgrade Summary
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07:39 EDTKSUWolfe Trahan to host a conference
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06:08 EDTTEXTerex upgraded to Overweight from Equal Weight at Barclays
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May 21, 2013
10:00 EDTBZOn The Fly: Analyst Initiation Summary
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10:00 EDTCNWOn The Fly: Analyst Upgrade Summary
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07:28 EDTBZBoise initiated with a Buy at Longbow
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06:11 EDTCNWCon-way upgraded to Buy from Hold at Wunderlich
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May 20, 2013
10:11 EDTKSUOn 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.
07:45 EDTBINWunderlich Securities to hsot a summit
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07:40 EDTCNWStephens to host a plane trip
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07:37 EDTCHMTBarclays to host a conference
High Yield and Syndicated Loan Conference is being held in Chicago on May 20-22.
07:08 EDTKSUKansas City Southern downgraded to Sell from Hold at Stifel
Stifel downgraded Kansas City Southern given rich valuation.
May 16, 2013
18:56 EDTKSUOn The Fly: After Hours Movers
UP AFTER EARNINGS: SINA (SINA), up 4.2%. ALSO HIGHER: Kansas City Southern (KSU), up 1.6% after it was announced the company would replace Dean Foods (DF) in the S&P 500 on May 23. DOWN AFTER EARNINGS: Autodesk (ADSK), down 6.5% after earnings, guiding its second quarter below expectations... Aruba Networks (ARUN), down 17.1% after earnings, guiding its fourth quarter below expectations... Nordstrom (JWN), down 3.5%... J.C. Penney (JCP), down 1.7%... Brocade (BRCD), down 2.4% after earnings, guiding its third quarter below expectations.
17:19 EDTKSUDean Foods to be added to S&P 400; Kansas City Southern deleted on 5/23
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17:18 EDTKSUKansas City Southern to be added to S&P 500; Dean Foods deleted on 5/23
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10:03 EDTCNWOn The Fly: Analyst Upgrade Summary
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06:25 EDTCNWCon-way upgraded to Hold from Underweight at BB&T
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May 15, 2013
09:01 EDTBWABorgWarner expands cooperationg with Jaguar Land Rover
BorgWarner will provide its turbocharging technologies for Jaguar Land Rover's new family of four-cylinder gasoline and diesel engines, expected to launch in 2015. To support JLR's new Engine Manufacturing Centre near Wolverhampton, BorgWarner plans to expand on its existing production lines and build a new engineering center in Bradford, United Kingdom.
07:32 EDTCHMTChemtura acquires full interest in DayStar Materials joint venture
Chemtura Corporation announced that it has acquired UP Chemical’s 50% stake in DayStar Materials, a South Korean manufacturer and marketer of high-purity metal organic precursors for the LED market. Chemtura now owns a 100% interest in DayStar, which was formed in 2011 as a joint venture of Chemtura and UP Chem.
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