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Stock Market & Financial Investment News

News Breaks
December 17, 2013
10:04 EDTDHI, SXC, KFN, SXCP, USPH, TWTR, SNTS, PAA, GSK, FST, CFNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CareFusion (CFN) downgraded to Sell from Neutral at Goldman...Forest Oil (FST) downgraded to Neutral from Outperform at RW Baird...GlaxoSmithKline (GSK) downgraded to Hold from Buy at Deutsche Bank...Plains All American (PAA) downgraded to Hold from Buy at Deutsche Bank...Santarus (SNTS) downgraded to Hold from Buy at Stifel...Twitter (TWTR) downgraded to Neutral from Overweight at Atlantic Equities...U.S. Physical Therapy (USPH) downgraded to Market Perform at JMP Securities...SunCoke Energy Partners (SXCP) downgraded to Neutral from Outperform at Credit Suisse...KKR Financial (KFN) downgraded to Market Perform from Outperform at Wells Fargo...SunCoke Energy (SXC) downgraded to Neutral from Outperform at Credit Suisse...D.R. Horton (DHI) downgraded to Neutral from Buy at Compass Point.
News For CFN;FST;GSK;PAA;SNTS;TWTR;USPH;SXCP;KFN;SXC;DHI From The Last 14 Days
Check below for free stories on CFN;FST;GSK;PAA;SNTS;TWTR;USPH;SXCP;KFN;SXC;DHI the last two weeks.
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April 10, 2014
11:42 EDTGSKReport claims Tamiflu, Relenza do little to prevent the spread of flu
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10:00 EDTTWTROn The Fly: Analyst Upgrade Summary
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06:33 EDTTWTRTwitter upgraded to Hold from Sell at Cantor
Cantor Fitzgerald upgraded its rating on Twitter (TWTR) shares to Hold from Sell citing the recent pullback in the stock as well as the upcoming launch of new ad formats which it believes should drive monetization. Cantor maintains a $45 price target for the stock and says it continues to prefer Facebook (FB). Shares of Twitter closed yesterday up 71c to $42.49.
April 9, 2014
16:00 EDTTWTROptions Update; April 9, 2014
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11:45 EDTTWTRTwitter May volatility elevated at 69
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April 8, 2014
11:03 EDTGSKPiper Jaffray's biopharm analyst holds an analyst/industry conference call
Biopharm Analyst Schimmer discusses PCSK9 Inhibitors and other atherosclerosis approaches on an Analyst/Industry conference call. Relevant companies AEGR, ALNY, AMGN, ARNA, AZN, BMY, CBST, LLY, ESPR, GSK, ICPT, ISIS, MNKD, MRK, OREX, PFE, REGN, RHHBY, SNY and VVUS may be included on the Analyst/Industry conference call to be held on April 10 at 3 pm.
10:03 EDTTWTROn The Fly: Analyst Initiation Summary
1st United Bancorp (FUBC) initiated with a Neutral at Macquarie... Avista (AVA) initiated with a Fair Value at CRT Capital... Castlight Health (CSLT) initiated with a Neutral at Goldman... Cempra (CEMP) initiated with an Equalweight at Barclays... Coca-Cola (KO) initiated with a Buy at BTIG... JinkoSolar (JKS) initiated with an Overweight at Barclays... Lumenis (LMNS) initiated with a Buy at Goldman... National Retail Properties (NNN) initiated with an Overweight at Morgan Stanley... PepsiCo (PEP) initiated with a Buy at BTIG... Realty Income (O) initiated with an Underweight at Morgan Stanley... Teekay (TK) initiated with an Outperform at Raymond James... Twitter (TWTR) initiated with a Buy at Janney Capital... Realogy (RLGY) initiated with an Outperform at RBC Capital... Bristow Group (BRS) initiated with an Outperform at Clarkson Capital... Era Group (ERA) initiated with an Outperform at Clarkson Capital... Endurance (EIGI) initiated with a Buy at Craig-Hallum... Tutor Perini (TPC) initiated with an Overweight at Stephens... MannKind (MNKD) initiated with an Outperform at Brinson Patrick... TriCo Bancshares (TCBK) initiated with an Outperform at Fig Partners... Achaogen (AKAO) initiated with an Outperform at Cowen.
09:16 EDTTWTRTwitter announces redesign of profile pages
Twitter announced on its blog a redesign of profile pages. Twitter says, "The new web profile lets you use a larger profile photo, customize your header, show off your best Tweets and more. Tweets that have received more engagement will appear slightly larger, so your best content is easy to find. Pin one of your Tweets to the top of your page, so itís easy for your followers to see what youíre all about. Now you can choose which timeline to view when checking out other profiles. Select from these options: Tweets, Tweets with photos/videos, or Tweets and replies." Reference Link
09:09 EDTTWTROn The Fly: Pre-market Movers
HIGHER: BioScrip (BIOS), up 6.7% after stock was named as a stock pick and a potential takeover target by Oscar Schafer while speaking on CNBC... Nokia (NOK), up 5% after deal to sell substantially all of its Devices & Services business to Microsoft (MSFT) receives regulatory approval in China... Ctrip.com (CTRP), up 4.6% after Bloomberg said, citing sources, that the company is in talks with Baidu-controlled (BIDU) Qunar (QUNR) about a partnership or a potential merger... Plug Power (PLUG), up 4.6% after CEO discusses plan to expand fuel cells to trucks in interview... FireEye (FEYE), up 2.5% following upgrade at Wedbush... Twitter (TWTR), up 2% following initiation of coverage with a Buy rating at at Janney Capital... Nike (NKE), up 1.75% after upgraded at Stifel. LOWER: Gigamon (GIMO), down 23% after lowering revenue outlook, shares downgraded at Pacific Crest... LivePerson (LPSN), down 3% after announcing resignation of EVP, Worldside Sales, shares downgraded at Benchmark... Cisco (CSCO), down 0.5% following downgrade to Hold from Buy at Wunderlich.
08:46 EDTGSKTeva announces first approval, launch of generic Lovaza capsules in the U.S.
Teva (TEVA) announces the approval of the generic equivalent to Lovaza in the United States. Teva believes it is first-to-file and thus far is the only company to receive an approval from FDA. Teva plans to commence shipping immediately. Lovaza Capsules, marketed by GlaxoSmithKline (GSK), had annual sales of approximately $1.1B in the United States, according to IMS data as of December 2013.
07:22 EDTGSKCaSA-ISPE to hold a conference
21st Annual Lilfe Sciences Technology Conference is being held in Raleigh, North Carolina on April 8.
06:19 EDTTWTRTwitter initiated with a Buy at Janney Capital
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April 7, 2014
14:18 EDTGSKGlaxoSmithKline reports 14.1% stake in Applied Genetic Technologies
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12:11 EDTTWTRTwitter acquires Cover, terms not disclosed
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10:50 EDTSXCHigh option volume stocks: HST SEAS SXC CMCSK MILL
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10:00 EDTDHIOn The Fly: Analyst Downgrade Summary
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07:51 EDTDHID.R. Horton downgraded to Underperform from Market Perform at Raymond James
Raymond James downgraded D.R. Horton to Underperform given exposure to first-time buyers access to mortgage financing and low rankings of communities vs. peers in terms of average school ratings.
06:49 EDTTWTRWeibo looking to raise over $380M in IPO, NY Times says
SINA's (SINA) Weibo hopes to raise more than $380M in its upcoming IPO and price its shares at $17-$19, Weibo said in its prospectus, according to The New York Times. Known as a "microblog," Weibo has been compared to Twitter (TWTR). Reference Link
06:04 EDTPAAPlains All American & Plains GP Holdings increases distribution
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April 6, 2014
16:23 EDTGSKGlaxoSmithKline investigates bribery allegations in Iraq, WSJ says
GlaxoSmithKline is investigating allegations of bribery by employees in Iraq, says the Wall Street Journal, citing emails reviewed by the publication. Reference Link
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