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Stock Market & Financial Investment News

News Breaks
January 27, 2013
14:21 EDTCMI, CAT, BTU, CLF, XOM, YUMChina December industrial profits up 17.3%, Reuters says
Official data shows profits from China's industrial companies are up 17.3% percent in December year over year to 895.2B yuan ($143.91B) as a fourth quarter recovery offset poor Q3 data, says Reuters. Reference Link
News For CAT;YUM;CLF;CMI;XOM;BTU From The Last 14 Days
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May 21, 2013
19:57 EDTCMICummins shares still attractive, Barron's says
Cummins' engines account for 40% of the heavy-duty trucks produced in North America, and though shares of the company have gained 35% since Barron's first highlighted the company in 2011, at 12 times forward earnings, shares of Cummins still look attractive, says Barron's Inside Scoop. Reference Link
12:00 EDTCLFStocks with call strike movement; HPQ CLF
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10:22 EDTCATCaterpillar to resume talks with steelworkers, WSJ says
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May 20, 2013
13:05 EDTCLFStocks with call strike movement; AMD CLF
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10:45 EDTCATCaterpillar trends were weak in April, says Wells Fargo
Wells Fargo notes that Caterpillar's machines sales growth decelerated in April. The firm thinks that modest improvements in the company's overall trends may be mostly offset by North American machines sales deceleration, and it keeps a Market Perform rating on the shares.
09:03 EDTCATCaterpillar reports Power Systems retail down 5% in 3-months end April
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09:01 EDTCATCaterpillar reports April 3-month rolling period retail machine sales down 9%
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08:08 EDTXOMEU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link
07:58 EDTCLF, BTUBofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am.
07:45 EDTCATWunderlich Securities to hsot a summit
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05:40 EDTXOMU.S. oil futures rally as many commodities decline, WSJ reports
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May 17, 2013
12:10 EDTCLFStocks with call strike movement; AMD CLF
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05:21 EDTCATCaterpillar, Mining Machinery resolve all outstanding issues
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May 16, 2013
19:01 EDTCATCaterpillar and Mining Machinery Limited announce settlement agreement
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16:48 EDTYUMYum! Brands Taco Bell CEO sees doubling revenue to $14B in 10 years
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08:01 EDTXOMFMC Technologies receives subsea equpiment order from ExxonMobil
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May 15, 2013
11:55 EDTCLFStocks with call strike movement; FSLR CLF
RT Options Scanner shows First Solar (FSLR) June 60 call option implied volatility decreased 3% to 57, Cliffs Natural (CLF) June 24 call option implied volatility increased 3% to 55 according to IVolatility.
08:38 EDTXOMWTI crude falls for a fith consecutive day, Bloomberg reports
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07:20 EDTXOMInterOil in final talks on ‘multi-billion dollar’ LNG deal, Bloomberg reports
InterOil Corp. (IOC), which has plans to develop an LNG project in Papua New Guinea, is in the final stage of talks with major oil producers and a national oil company for a “multi-billion dollar” partnership, reports Bloomberg. Royal Dutch Shell (RDS.A) has said it had discussions with InterOil and was interested in the proposed Papua New Guinea LNG plant. Reference Link
May 14, 2013
16:31 EDTBTUPeabody Energy targeting FY13 capital spending $450M-$550M
Company says this is approximately 50% below FY12 levels, as it is deferring early-stage growth projects. Company said Q1 capital spend approximately 70% below prior-year levels. Guidance given in slides ahead of presentation to be made at Bank of America-Merrill Lynch 2013 Global Metals and Mining Conference.
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