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Stock Market & Financial Investment News

News Breaks
January 24, 2014
11:39 EDTST, MGA, HAR, HON, BWAHoneywell results read positive for BorgWarner, says Wells Fargo
Wells Fargo says Honeywell's (HON) Transportation System results read-through positively for BorgWarner (BWA), as well as for other suppliers with a focus on Europe, including Harman (HAR), Magna (MGA), and Sensata (ST). Wells maintains an Outperform rating on BorgWarner.
News For BWA;HON;HAR;MGA;ST From The Last 14 Days
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March 26, 2015
08:02 EDTHARHarman names 3D Systems CEO Avi Reichental to board of directors
Harman (HAR) announced that Avi N. Reichental has been elected to the company’s Board of Directors effective April 1, bringing the size of the Board to 10 directors. Reichental is President and CEO of 3D Systems (DDD).
07:25 EDTHONThe Economist to hold a forum
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March 25, 2015
08:05 EDTBWABorgWarner expands manufacturing facility in Mexico
BorgWarner expanded its manufacturing facility at its campus in Ramos-Arizpe, Mexico, to meet increasing demand for emissions technologies in North America. The facility will produce exhaust gas recirculation modules, ignition coils and coolant control valves for gasoline- and diesel-powered passenger cars, minivans and light-duty trucks. The expansion will increase capacity for current products as well as BorgWarner's latest advancements in emissions technologies. BorgWarner expects to create approximately 350 new manufacturing jobs at the facility over the next two years.
March 24, 2015
16:09 EDTHONWatts Water appoints Todd Trapp as CFO
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March 23, 2015
15:52 EDTHONUSW reaches tentative agreement with Honeywell
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06:03 EDTHON, STU.S. Multi-Industry sector downgraded to Neutral at Barclays
Barclays downgraded the U.S. Multi-Industry space to Neutral from Overweight saying rising headwinds could limit share upside to mid-single-digit levels in 2015, with only slight improvement in 2016. The firm believes the credit cycle is peaking and views the U.S. Dollar strength along with lower oil prices as headwinds. Concurrent with sector rating change, Barclays downgraded Dover (DOV), Grainger (GWW), Xylem (XYL) and WESCO (WCC) to Equal Weight from Overweight. It also upgraded Tyco (TYC) to Overweight from Equal Weight and Lennox (LII) to Equal Weight from Underweight, calling both defensive names in the space. The firm is also "comfortable" owning General Electric (GE), Honeywell (HON), Sensata (ST) and HD Supply (HDS) at current levels. It prefers waiting for pullbacks to buy shares of 3M (MMM).
March 20, 2015
10:00 EDTHONOn The Fly: Analyst Upgrade Summary
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09:45 EDTHONActive equity options trading on open
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06:44 EDTHONHoneywell upgraded to Conviction Buy from Buy at Goldman
Goldman added Honeywell to the Conviction Buy List to reflect strong relative free-cash-flow growth, best-in-class execution, and improving returns. Price target is $120.
March 18, 2015
13:02 EDTMGAMagna to launch new exteriors facility in Mexico
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March 17, 2015
07:33 EDTHONHoneywell management to meet with Deutsche Bank
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March 16, 2015
06:32 EDTHARDelphi Automotive Harman infotainment revenue can jump, says Wells Fargo
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