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Stock Market & Financial Investment News

News Breaks
October 23, 2012
10:00 EDTDUK, XL, NCMI, TOO, YHOO, RNR, PSA, CNL, POWI, CHKP, MNIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Check Point (CHKP) upgraded to Overweight from Neutral at JPMorgan... Cleco (CNL) upgraded to Buy from Neutral at Goldman... Cleco (CNL) upgraded to Outperform from Market Perform at Wells Fargo... McClatchy (MNI) upgraded to Buy from Neutral at Citigroup... Power Integrations (POWI) upgraded to Buy from Neutral at Sterne Agee... Public Storage (PSA) upgraded to Hold from Sell at Cantor.. RenaissanceRe (RNR) upgraded to Outperform from Market Perform at Keefe Bruyette... Teekay Offshore Partners (TOO) upgraded to Overweight from Neutral at JPMorgan... XL Group (XL) upgraded to Outperform from Market Perform at Keefe Bruyette... Yahoo! (YHOO) upgraded to Positive from Neutral at Susquehanna... National CineMedia (NCMI) upgraded to Buy from Hold at Stifel Nicolaus... Duke Energy (DUK) upgraded to Overweight from Underweight at JPMorgan.
News For CHKP;CNL;MNI;POWI;PSA;RNR;TOO;XL;YHOO;NCMI;DUK From The Last 14 Days
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August 27, 2015
06:33 EDTYHOOYahoo announces Tumblr sharing tools at Mobile Developer Conference
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August 25, 2015
06:32 EDTXLXL Group upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette upgraded XL Group and raised its price target to $44 from $42. The firm believes the selloff in shares has created an attractive entry point and provides limited exposure to global equity market weakness.
06:13 EDTYHOOThird Point, FTC settle over antitrust filings for 2011 Yahoo stake
Three affiliated hedge fund companies and their management company, Third Point LLC, have agreed to settle Federal Trade Commission charges that they violated premerger reporting laws in connection with their 2011 acquisitions of stock in Yahoo! Inc. The complaint alleges that Third Point Partners Qualified L.P., Third Point Ultra, LTD, and Third Point Offshore Fund, LTD failed to observe the filing and waiting requirements of the Hart-Scott-Rodino Act before purchasing shares in Yahoo. According to the complaint, the three defendant funds claimed that they were exempt from reporting to the U.S. antitrust authorities because the purchases were made solely for investment purposes. At the time of the stock purchases, however, defendant Third Point LLC, which made investment decisions on behalf of the funds, was taking actions inconsistent with an investment-only intent, such as communicating with third parties to determine their interest in becoming the CEO or a board candidate of Yahoo. Under the terms of the proposed stipulated five-year federal court order, the defendants are prohibited from relying on the investment-only exemption if they have contacted third parties to gauge their interest in joining the board of the target company, communicated with the target company about proposed candidates for its board, or engaged in other specified conduct in the four months prior to acquiring voting securities above the HSR Act threshold. In this case, the agencies determined not to seek civil penalties based on several factors, including that the violation was inadvertent and short-lived, and this was the defendants' first violation of the HSR Act.
August 24, 2015
14:21 EDTCHKPJMP Securities says pullback in Palo Alto a buying opportunity
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August 21, 2015
17:29 EDTDUKPJM releases results for 2018-2019 PJM Interconnection capacity auction
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August 20, 2015
10:01 EDTDUKDuke Energy seeks proposals for solar in South Carolina
Duke Energy issued a request for proposals for about 53 megawatts of utility-scale solar capacity to be in-service in its South Carolina service areas by the end of 2016. In a separate RFP, the company seeks up to 5 megawatts of solar capacity for its Shared Solar Program, an innovative offer that will allow multiple customers to subscribe to the output of a specific solar facility and share in the economic benefits of the power produced. Projects should be greater than 250 kilowatts and no more than 1 megawatt of capacity. The company anticipates the Shared Solar Program will be particularly attractive to customers who want to receive the benefits of renewable energy but may not be able to install solar on their premises, such as renters or those who live in multi-family housing.
August 19, 2015
17:46 EDTNCMINational CineMedia signs data licensing agreement with Movio
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09:02 EDTMNIMcClatchy receives notice from NYSE regarding non-compliance
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09:01 EDTMNIMcClatchy announces stock repurchase plan
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07:41 EDTYHOOYahoo price target lowered to $56 from $62 at Cantor
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06:59 EDTTOOTeekay Offshore Partners files to sell 10.44M common units for holders
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August 17, 2015
19:29 EDTYHOOFacebook tests expanded blog capabilities, CNET says
Facebook (FB) is testing an expanded version of its "notes" feature, allowing users to include large background photos in the blog-like service, reports CNET. The new look puts the service more in line with Yahoo's (YHOO) Tumblr blogging platform, said the report, and a Facebook spokesperson remarked that the test aims to "make it easier for people to create and read longer-form stories on Facebook." Reference Link
18:28 EDTDUKDuke Energy says constituents found in water samples occur naturally
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14:27 EDTCHKPIRS says cyber attack larger than originally thought, AP says
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13:34 EDTYHOOBuzzFeed and Yahoo Japan in JV, FT reports
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