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Stock Market & Financial Investment News

News Breaks
January 30, 2013
11:35 EDTFSL, HALO, TRI, BXP, SIGHigh option volume stocks: BXP HALO SIG TRI FSL
News For BXP;HALO;SIG;TRI;FSL From The Last 14 Days
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April 20, 2015
15:16 EDTFSLGreenlight starts new GM long position, rolls Lorillard short bet to Reynolds
David Einhorn's Greenlight Capital hedge fund said in its latest quarterly letter to investors that it had established new long positions in General Motors (GM), Chicago Bridge & Iron (CBI) and AerCap Holdings (AER) last quarter. WHAT'S NEW: Greenlight believes GM should benefit from low gas prices, low raw material costs, and its decision to launch share buybacks, Greenlight stated. GM has an excellent chance of beating 2015 EPS expectations, added the firm. Einhorn's group said they found the valuation of Chicago Bridge and Iron, an engineering and construction company with significant exposure to energy, attractive following the stock's decline. Although energy prices may stay low for some time, the company has a significant backlog that should support its earnings for several years, Greenlight stated. Additionally, the market is overestimating how much of the cost overruns for two nuclear energy projects with be shouldered by the company, Greenlight contended. AerCap, the largest publicly traded aircraft leasing company, bought AIG's (AIG) aircraft leasing business last year at a bargain price, Greenlight stated. The combined business will benefit from AerCap's low tax rate, as well as efficiencies, the hedge fund believes. WHAT'S NOTABLE: Greenlight exited its short position in Lorillard (LO). Greenlight noted that it has rolled its short bet on Lorillard into a fresh position in Reynolds American (RAI), since it still believes that the FDA is gearing up to do "something major" in terms of regulation of menthol cigarettes, but is moving "slowly and deliberately" because it anticipates an extremely aggressive industry response. The firm also exited two other short positions because the companies agreed to takeovers: Safeway (SWY) and Freescale Semiconductor (FSL), which has agreed to sell itself to NXP Semicondictors (NXPI).
08:24 EDTHALOHalozyme PEGPH20 data supports ongoing work
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07:57 EDTHALOHalozyme an underappreciated story with catalysts, says UBS
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April 17, 2015
07:14 EDTHALOHalozyme management to meet with UBS
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April 16, 2015
10:00 EDTTRIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AGCO (AGCO) downgraded to Underweight from Neutral at JPMorgan... Alcatel-Lucent (ALU) downgraded to Buy from Conviction Buy at Goldman... Anglo American (AAUKY) downgraded to Sell from Neutral at Goldman... BAE Systems (BAESY) downgraded to Neutral from Buy at UBS... BHP Billiton (BHP) downgraded to Neutral from Conviction Buy at Goldman... Black Diamond (BDE) downgraded on valuation at Stifel... Boston Private Financial (BPFH) downgraded to Hold from Buy at Sandler O'Neill... Columbus McKinnon (CMCO) downgraded to Neutral from Buy at CL King... CoreSite Realty (COR) downgraded to Hold from Buy at Evercore ISI... Meggitt (MEGGF) downgraded to Sell from Neutral at UBS... Methanex (MEOH) downgraded to Sector Perform from Outperform at Scotia Capital... Nokia (NOK) downgraded to Neutral from Buy at Citigroup... SanDisk (SNDK) downgraded to Sell from Neutral at BTIG... Thomson Reuters (TRI) downgraded to Sector Perform from Outperform at RBC Capital... Turquoise Hill (TRQ) downgraded to Hold from Speculative Buy at TD Securities... Washington Federal (WAFD) downgraded to Neutral from Buy at DA Davidson.
07:12 EDTTRIThomson Reuters downgraded to Sector Perform from Outperform at RBC Capital
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07:10 EDTHALOHalozyme management to meet with UBS
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April 14, 2015
07:10 EDTHALOHalozyme management to meet with UBS
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April 13, 2015
09:05 EDTHALOHalozyme appoints Harry Leonhardt as Chief Compliance Officer
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April 10, 2015
08:52 EDTFSLNXP Semiconductors price target raised to $120 from $95 at Stifel
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April 9, 2015
13:49 EDTHALOHalozyme management to meet with UBS
Meeting with CEO Torley to be held in London, England on April 15 hosted by UBS.
11:51 EDTTRIReuters chief Rashbass to leave company, Reuters reports
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09:18 EDTSIGBofA/Merrill retail analysts hold an analyst/industry conference call
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April 8, 2015
09:18 EDTHALOHalozyme to proceed with Phase 3 study of pancreatic cancer candidate
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07:22 EDTBXPEvercore ISI to hold a conference
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