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Stock Market & Financial Investment News

News Breaks
February 6, 2013
05:55 EDTCCE, CCE, TDC, TDC, HOT, HOT, SNA, SNA, SNI, SNI, PM, PM, NBL, NBL, FLIR, FLIR, CTSH, CTSH, S, S, IFF, IFF, EXC, EXC, CI, CI, XYL, XYLCompanies reporting Before the Market Open on Thursday, February 7th
Notable companies reporting before the opening bell include Cigna (CI), Coca-Cola Enterprises (CCE), Cognizant (CTSH), Exelon (EXC), Flir Systems (FLIR), International Flavors (IFF), Noble Energy (NBL), Philip Morris (PM), Scripps Networks (SNI), Snap-On (SNA), Sprint (S), Starwood Hotels (HOT), Teradata (TDC) and Xylem (XYL).
News For CCE;CI;EXC;IFF;S;CTSH;FLIR;NBL;PM;SNI;SNA;HOT;TDC;XYL From The Last 14 Days
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April 4, 2014
12:13 EDTSSprint launches promotion, offering $650 for customers to switch, BGR reports
Sprint has begun a promotion that will offer people up to $650 to make the switch to their company, reports BGR. Through a forum member on Sprint's fan site S4GRU, the company launched a limited promotion to reimburse new customers up to $350 in early termination fees, as well as a service credit of up to $300 when they trade in their old phones. Reference Link
11:02 EDTSSoftbank said to eye possible M&A opportunities in Europe, Forbes says
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10:02 EDTSNIOn The Fly: Analyst Upgrade Summary
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08:47 EDTSLenovo, IBM deal investigated by U.S. over Pentagon servers, Bloomberg says
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08:07 EDTSRegulators 'increasingly open' to Sprint, T-Mobile merger, says FBR Capital
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07:25 EDTNBLAnadarko price target raised to $120-$130 from $110-$120 at Wells Fargo
Wells Fargo increased its price target on Anadarko after the company announced that it had settled the Tronox case for a lower than expected amount. The firm thinks the stock's discount to its peers EOG Resources (EOG) and Noble Energy (NBL) is unjustified. Wells keeps an Outperform rating on Anadarko.
07:18 EDTPMU.S. FDA Chief says e-cigarette ruling coming 'very soon,' Reuters says
The U.S. Food and Drug Administration is "pushing very hard" to release a proposed rule that would establish its authority over e-cigarettes, according to Reuters, citing comments from FDA Commissioner Margaret Hamburg. Hamburg says that she expects the proposal to be ready for release "very soon." Publicly traded companies in the tobacco industry include Altria Group (MO), British American Tobacco (BTI), Lorillard (LO), Philip Morris (PM) and Reynolds American (RAI). Reference Link
06:57 EDTPMPhilip Morris shutting down production in Netherlands, WSJ reports
Phillip Morris will shut down its manufacturing in Bergen op Zoom, its largest production facility worldwide, the Wall Street Journal reports. The closure will result in 1,230 job losses, nearly 90% of its workforce there. Production will move to other factories in Europe. Reference Link
05:59 EDTSNIScripps Networks upgraded to Buy from Hold at Wunderlich
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April 3, 2014
12:20 EDTSGoogle considers wireless service in Fiber markets, The Information says
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09:37 EDTPMActive equity options trading on open
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09:01 EDTHOTStarwood Hotels says Aloft brand to debut in Greenville, SC
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07:52 EDTPMPlain packaging for cigarettes to be introduced in U.K., Guardian says
U.K. public health minister Jane Ellison told the House of Commons that she would be introducing draft regulations "so it is crystal clear what we intend" and would announce details shortly to introduce plain packaging for cigarettes, after a review concluded that fewer children may take up smoking if the packets are unbranded and less attractive, reported The Guardian. Publicly traded companies in the tobacco products space include Altria Group (MO), British American Tobacco (BTI), Lorillard (LO), Philip Morris (PM) and Reynolds American (RAI). Reference Link
April 2, 2014
10:00 EDTCTSHOn The Fly: Analyst Upgrade Summary
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08:41 EDTEXCWolfe Research to hold a conference
Power & Gas Deep Dive Conference is being held in Dallas, Texas on April 2.
08:37 EDTCTSHWells Fargo to hold a summit
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07:51 EDTSSeveral communications companies could be bought, says Oppenheimer
Oppenheimer says that the following communications companies could become takeover targets: T-Mobile (TMUS), DirecTV (DTV), DISH (DISH), Level 3 (LVLT), tw telecom(TWTC), and Rackspace (RAX). The firm calls T-Mobile "a prime target," and thinks the company has several potential suitors and is best positioned to benefit from current trends. Oppenheimer expects the major surviving companies in the space to be Comcast (CMCSA), AT&T (T), Verizon (VZ), and Sprint (S). It keeps Outperform ratings on T-Mobile, Rackspace, Comcast, and Verizon. It has Perform ratings on Level 3, tw telecom, and Sprint.
07:00 EDTPMPhilip Morris to close Australian cigarette plant, Bloomberg says
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06:22 EDTCTSHCognizant upgraded to Buy from Neutral at UBS
UBS upgraded Cognizant and said it is well positioned for the current demand environment as IT budgets are focused on cost optimization and believes discretionary project spending will be solid. The analyst expect Cognizant to announce a more formal capital return policy this year and views valuation as attractive. Price target raised to $58 from $50.
06:21 EDTSSprint volatility elevated at 60
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