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Stock Market & Financial Investment News

News Breaks
February 6, 2013
07:20 EDTHSII, FTI, CAM, SYY, KFY, AMED, WM, JIVE, MDR, WFTHMG Strategy to host a summit
2013 Houston CIO Executive Leadership Summit is being held in Houston on February 6.
News For CAM;MDR;AMED;FTI;JIVE;KFY;HSII;WM;SYY;WFT From The Last 14 Days
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May 21, 2013
06:12 EDTKFY, HSIIExecutive recruiters say business is improving, Bloomberg reports
Business at executive-recruitment companies is improving, boosted by increasing confidence among corporate leaders and a stabilization in hiring for senior positions in the financial-services industry, reports Bloomberg. Heidrick & Struggles International and Russell Reynolds Associates say they see some increase in demand, a trend that was echoed in a recent survey of consultants by William Blair & Co., an independent investment firm.Reference Link
May 20, 2013
07:45 EDTWMWunderlich Securities to hsot a summit
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07:41 EDTCAMMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
May 19, 2013
13:00 EDTCAM, FTIEnergy Departmant authorizes second proposed facility to export LNG
The Energy Department announced on Friday that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, Freeport, to export domestically produced liquefied natural gas, LNG, to countries that do not have a Free Trade Agreement, FTA, with the United States from the Freeport LNG Terminal on Quintana Island, Texas. Freeport previously received approval to export LNG from this facility to FTA countries on February 10, 2011. Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export at a rate of up to 1.4 billion cubic feet of natural gas a day, Bcf/d, for a period of 20 years. The Department granted the first authorization to export LNG to non-FTA countries in May 2011 for the Sabine Pass LNG Terminal in Cameron Parish, Louisiana at a rate of up to 2.2 Bcf/d. Reference Link
May 17, 2013
13:13 EDTJIVEJive Software to host analyst and investor day
Analyst and Investor Day to be held in New York on May 21 at 9 am. Webcast Link
May 16, 2013
10:03 EDTMDROn The Fly: Analyst Downgrade Summary
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09:10 EDTMDRMcDermott downgraded to Hold from Accumulate at Tudor Pickering
08:01 EDTFTIFMC Technologies receives subsea equpiment order from ExxonMobil
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May 15, 2013
08:02 EDTFTIFMC Technologies awarded $26M subsea equipment order from ConocoPhillips
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07:37 EDTKFYMacquarie to host a conference
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May 14, 2013
07:31 EDTWMCredit Suisse to host a conference
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07:16 EDTFTICitigroup to host a conference
2013 Global Energy & Utilities Conference is being held in Boston on May 14-16.
May 10, 2013
10:00 EDTMDROn The Fly: Analyst Downgrade Summary
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08:52 EDTMDRMcDermott downgraded to Sector Perform from Outperform at Howard Weil
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08:45 EDTMDRMcDermott downgraded to Neutral from Add at Capital One
Capital One downgraded McDermott citing the weak Q1 report and execution risk. Price target is $12.
08:02 EDTMDRMcDermott downgraded to Equal Weight from Overweight at Stephens
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06:49 EDTMDRMcDermott downgraded to Equal Weight from Focus List at Johnson Rice
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May 9, 2013
10:08 EDTMDROn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Chicago Bridge & Iron (CBI) initiated with a Buy at Deutsche Bank... Fluor (FLR) initiated with a Buy at Deutsche Bank... Infinity Pharmaceuticals (INFI) initiated with an Outperform at Wells Fargo... Jacobs Engineering (JEC) initiated with a Hold at Deutsche Bank... KBR (KBR) initiated with a Buy at Deutsche Bank... MasTec (MTZ) initiated with a Buy at Deutsche Bank... McDermott (MDR) initiated with a Hold at Deutsche Bank... Merit Medical (MMSI) initiated with a Hold at Benchmark Co... Ocean Power (OPTT) initiated with a Strong Buy at Ascendiant Capital... Quanta Services (PWR) initiated with a Buy at Deutsche Bank... ZELTIQ Aesthetics (ZLTQ) initiated with a Buy at Maxim... Evercore Partners (EVR) initiated with a Positive at Susquehanna... Alexander & Baldwin (ALEX) initiated with an Outperform at JMP Securities... Myriad Genetics (MYGN) coverage resumed with an Overweight at Stephens... Pinnacle Foods (PF) initiated with a Buy at Janney Capital.
09:19 EDTMDROn The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference.
09:00 EDTMDRMcDermott falls 9.2%
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