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Stock Market & Financial Investment News

News Breaks
November 8, 2012
06:46 EDTCBS, CBS.A, WLL, STO, EADSY, UBS, BRGYYOn The Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: CBS (CBS) is considering allowing online outlets to stream TV shows currently on the air, reports the Wall Street Journal...REUTERS: Statoil (STO) has approached Whiting Petroleum (WLL) with a potential bid worth up to $7.6B, Reuters reports, citing a report from benzinga.com...UBS's (UBS) German subsidiary is under investigation for allegedly abetting tax fraud, according to Reuters...FINANCIAL TIMES: German prosecutors raided two EADS (EADSY) offices in the Munich area and the Eurofighter office at Hallbergmoos as part of a probe into Typhoon jet payments five years ago, the Financial Times reports...DAILY MAIL: BG Group (BRGYY) may be vulnerable to a hostile takeover bid after its recent "bombshell" warning to investors to expect no output growth in 2013, the Daily Mail reports.
News For A;WLL;STO;EADSY;UBS;BRGYY From The Last 14 Days
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June 19, 2013
12:33 EDTSTOStatoil management to meet with Jefferies
Meeting to be held in New York on June 26 hosted by Jefferies.
11:25 EDTUBSSwiss lawmakers reject U.S. tax deal in final vote, Reuters says
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08:03 EDTSTOGeneral Electric awarded $147M contract by Statoil
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06:06 EDTEADSYEADS to keep defense business, but consider its options, Reuters reports
EADS CEO Tom Enders said the company has no plans to give up its defense business but is open to seeking alternatives for parts of it, according to the German newspaper Die Welt, reports Reuters. Reference Link
06:05 EDTSTOStatoil make another oil find offshore Newfoundland
Statoil has made a discovery of light, high-quality oil in the Flemish Pass Basin, offshore Newfoundland. Oil was encountered while drilling the Harpoon prospect, located approximately 500 kilometres north-east of St. John's, Newfoundland and Labrador, Canada. The Harpoon discovery was drilled by the semi-submersible rig West Aquarius, in approximately 1,100 metres of water. Harpoon is located about 10 kilometres south-east of Statoil's Mizzen discovery. The Mizzen discovery is estimated to hold between 100M-200M barrels of oil. As part of its 2013 three-well exploration program offshore Newfoundland, Statoil is currently drilling its Federation prospect, located in the Jeanne d'Arc Basin. The company will then return to the Flemish Pass Basin to drill the Bay du Nord prospect, which is located south-west of the Harpoon and Mizzen discoveries.
06:03 EDTSTOStatoil discovers high-quality oil in Flemish Pass Basin in Newfoundland
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05:56 EDTSTOEU looking for evidence that oil traders manipulate prices, WSJ reports
The EU is investigating manipulation of benchmarks as part of a probe into whether energy traders skew prices of oil and other fuels for their own financial benefit, reports the Wall Street Journal. Reference Link
June 18, 2013
10:48 EDTEADSYAIG subsidiary expands order for LEAP-1A engines
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10:01 EDTSTOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Flir Systems (FLIR) upgraded to Strong Buy from Market Perform at Raymond James... HSBC (HBC) upgraded to Buy from Neutral at Citigroup... Motorcar Parts (MPAA) upgraded to Buy from Neutral at B. Riley... People's United (PBCT) upgraded to Overweight from Neutral at JPMorgan... Royal Dutch Shell (RDS.A) upgraded to Focus List from Outperform at Howard Weil... Statoil (STO) upgraded to Outperform from Sector Perform at Howard Weil... CommVault (CVLT) upgraded at Pacific Crest... Newfield Exploration (NFX) upgraded to Buy from Hold at Stifel.
09:13 EDTSTOStatoil upgraded to Outperform from Sector Perform at Howard Weil
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07:29 EDTUBSSecurities Industry and Financial Markets Association to host a conference
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07:14 EDTUBSEx-UBS trader charged by U.K. in Libor case, Reuters says
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June 17, 2013
14:20 EDTUBSCriminal charges likely in Libor case, WSJ reports
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09:07 EDTWLLWhiting Petroleum to mandatorily convert preferred stock to common stock
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05:59 EDTEADSYEADS CEO: Window closed on any BAE Systems deal, Reuters reports
European aerospace firm EADS (EADSY) CEO Tom Enders ruled out another attempt to merge with Britain's BAE Systems (BAESY), saying that both companies had moved on after the failure of last year's $45B deal, reports Reuters. Reference Link
June 16, 2013
21:30 EDTEADSYILFC said to be set to order $5B worth of Airbus jets, Reuters reports
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16:07 EDTEADSYAirbus said to win order from Doric worth over $4B, Bloomberg says
Airbus SAS (EADSY) is said to be set to win an order for more than 10 A380 double-decker airliners from leasing company Doric Asset Finance, says Bloomberg, citing people familiar with the situation. Doric will formally announce the order from the Paris Air Show tomorrow, added Bloomberg. Reference Link
June 14, 2013
15:42 EDTEADSYUnited to shift order to bigger Boeing, Airbus planes, Bloomberg says
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08:00 EDTEADSYBoeing to build a larger 787, compete with Airbus A350, Reuters reports
Boeing (BA) is set to launch a larger version of its 787 Dreamliner jetliner to meet demand for long-haul travel within Asia and other long-haul routes, sources say, reports Reuters.The bigger plane would compete with the Airbus A350 (EADSY). Reference Link
06:56 EDTEADSYNew Airbus A350 XWB makes first flight, CNET says
EADS (EADSY) subsidiary, Airbus, announced that it's newest plane the Airbus A350 XWB, made its first flight, reported CNET. The plane was created in response to Boeing's (BA) Dreamliner. Reference Link
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