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Stock Market & Financial Investment News

News Breaks
June 24, 2014
10:00 EDTWEC, SRC, SO, OXLC, MU, MEOH, MTOR, INWK, IDXX, HTGC, CDE, CGGOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CGG SA (CGG) upgraded to Buy from Hold at Societe Generale... Coeur Mining (CDE) upgraded at BMO Capital... Hercules Technology (HTGC) upgraded to Outperform from Market Perform at Wells Fargo... IDEXX (IDXX) upgraded to Buy from Hold at Canaccord... InnerWorkings (INWK) upgraded to Buy from Hold at Craig-Hallum... Meritor (MTOR) upgraded to Buy from Fair Value at CRT Capital... Methanex (MEOH) upgraded at BMO Capital... Micron (MU) upgraded to Strong Buy with $50 price target at Needham... Oxford Lane (OXLC) upgraded to Buy from Neutral at Ladenburg... Southern Company (SO) upgraded to Buy from Hold at Argus... Spirit Realty (SRC) upgraded at BofA/Merrill... Wisconsin Energy (WEC) upgraded to Outperform from Market Perform at Wells Fargo.
News For CGG;CDE;HTGC;IDXX;INWK;MTOR;MEOH;MU;OXLC;SO;SRC;WEC From The Last 14 Days
Check below for free stories on CGG;CDE;HTGC;IDXX;INWK;MTOR;MEOH;MU;OXLC;SO;SRC;WEC the last two weeks.
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August 29, 2014
08:24 EDTMUMicron should be bought at current levels, says Jefferies
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August 28, 2014
07:15 EDTMUMicron, Hynix to respond to Samsung DRAM capacity ramp, DigiTimes says
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August 27, 2014
05:19 EDTMEOHMethanex anticipates lower Trinidad gas supply in 2H14
Methanex announced that it anticipates gas curtailments in Trinidad in the second half of 2014 to be higher than those experienced in the first half of the year. The National Gas Company, or NGC, has advised Methanex that it should expect higher curtailments in the second half of 2014 due to upstream platform maintenance and tie-in activities and the ongoing mismatch between upstream commitments to supply NGC and downstream demand from NGC's customers. Methanex now estimates curtailments to its two Trinidad facilities to be in the range of 20% for the second half of 2014. The company continues to work with the Trinidad government and other stakeholders with a view to resolving gas supply shortfalls to its Trinidad plants. However, the situation is dynamic and it is difficult to forecast the gas curtailments or when 100% gas supply can be expected to return to the company's Trinidad facilities.
August 21, 2014
10:17 EDTMUStocks with call strike movement; MU HTZ
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09:07 EDTMTORMeritor in discussions to sell inventory, assets of its Mascot business
Meritor completed its strategic review of certain remanufacturing product lines within the aftermarket business in North America, and the board of the Company concluded that the company should exit the Mascot business. Mascot is a remanufacturer and distributor of differentials, transmissions and steering gears primarily for certain original equipment manufacturers. The company is in discussions to sell substantially all of its inventory and other assets of its Mascot business. In the event the company is unable to successfully execute a sale transaction, it intends to wind down the Mascot business. The company expects to incur losses on the sale or liquidation of assets of the Mascot business of approximately $24M. The Company also expects to incur severance, other employee costs, and contract termination costs related thereto of an additional $5M. Of these charges, an estimated $5M are expected to result in cash expenditures. The Company is targeting the end of the fourth quarter of fiscal year 2014 for the completion of a sale transaction or a wind down of the Mascot business.
06:12 EDTMUDRAM prices making downward correction with oversupply concerns, DigiTimes says
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August 20, 2014
10:04 EDTIDXXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BHP Billiton (BHP) downgraded to Underperform from Neutral at Credit Suisse... GT Advanced (GTAT) downgraded to Underperform from Outperform at CLSA... Hertz (HTZ) downgraded to Hold from Buy at Deutsche Bank... IDEXX (IDXX) downgraded to Sell from Neutral at Northcoast... Prestige Brands (PBH) downgraded to Neutral from Buy at Sidoti... Real Goods Solar (RGSE) downgraded to Neutral from Buy at Roth Capital... Regal-Beloit (RBC) downgraded to Neutral from Buy at Longbow... SunCoke Energy (SXC) downgraded to Neutral from Outperform at Credit Suisse... Tidewater (TDW) downgraded to Market Perform from Outperform at Clarkson Capital.
09:34 EDTIDXXIDEXX downgraded to Sell from Neutral at Northcoast
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09:31 EDTIDXXIDEXX downgraded to Sell from Neutral at Northcoast

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