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Stock Market & Financial Investment News

News Breaks
November 13, 2012
10:00 EDTTRNX, SYUT, LYB, BRFS, SCOR, RGP, LL, PACD, WLK, MCP, CJESOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: C&J Energy (CJES) downgraded to Neutral from Overweight at JPMorgan... Lumber Liquidators (LL) downgraded to Sell from Hold at Stifel Nicolaus... LyondellBasell (LYB) downgraded to Neutral from Buy at Goldman... Molycorp (MCP) downgraded to Equal Weight from Overweight at Morgan Stanley... Regency Energy Partners (RGP) downgraded to Equal Weight from Overweight at Barclays... Synutra (SYUT) downgraded to Perform from Outperform at Oppenheimer... Westlake Chemical (WLK) downgraded to Neutral from Conviction Buy at Goldman... comScore (SCOR) downgraded to Underperform from Market Perform at Raymond James... Tornier (TRNX) downgraded to Underperform from Market Perform at Northland Securities... Pacific Drilling (PACD) downgraded to Neutral from Buy at Guggenheim... BRF Brasil Foods (BRFS) downgraded to Hold from Buy at Miller Tabak.
News For CJES;LL;LYB;MCP;RGP;SYUT;WLK;SCOR;TRNX;PACD;BRFS From The Last 14 Days
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November 26, 2014
16:09 EDTCJESC&J Energy announces solicitation of alternative proposals
C&J Energy Services (CJES) announced that it has begun soliciting alternative proposals to purchase the company, or a controlling stake in the company, that are superior to its proposed combination with Nabors' (NBR)completion and production services business. The company has engaged Morgan Stanley to assist in the solicitation.
10:07 EDTCJESHigh option volume stocks
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08:27 EDTCJESGlobal Oil Services Drilling and Equipment sector upgraded at Morgan Stanley
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November 25, 2014
16:28 EDTCJESOn The Fly: Closing Wrap
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09:01 EDTPACDPacific Drilling investors approve share buyback program of up to 8M shares
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08:05 EDTCJESC&J Energy issues statement in response to ruling regarding Nabors transaction
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07:55 EDTCJESC&J Energy deal with Nabors put on hold, further sale process ordered, WSJ says
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November 24, 2014
10:00 EDTLLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aruba Networks (ARUN) upgraded to Outperform from Market Perform at Raymond James... Banco Bilbao (BBVA) upgraded to Neutral from Underperform at BofA/Merrill... Berry Plastics (BERY) upgraded to Outperform from Market Perform at BMO Capital... Denny's (DENN) upgraded to Buy from Neutral at Janney Capital... Hess Corp. (HES) upgraded to Outperform from Market Perform at Raymond James... Huaneng Power (HNP) upgraded to Buy from Neutral at BofA/Merrill... Infoblox (BLOX) upgraded to Buy from Hold at Needham... Kate Spade (KATE) upgraded at BofA/Merrill... Lumber Liquidators (LL) upgraded to Overweight from Equal Weight at Morgan Stanley... Occidental Petroleum (OXY) upgraded to Strong Buy from Outperform at Raymond James... PT Indosat (IIT) upgraded to Buy from Neutral at Nomura... Silvercorp Metals (SVM) upgraded to Outperform from Market Perform at Raymond James... Toro Company (TTC) upgraded to Buy from Neutral at Longbow... United Microelectronics (UMC) upgraded to Market Perform from Underperform at Bernstein.
09:23 EDTLLOn The Fly: Pre-market Movers
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06:15 EDTLLLumber Liquidators upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley upgraded Lumber Liquidators to Overweight with an $85 price target. The firm believes gross margin worries are overdone and 2014 comp declines should be a bottom. Morgan Stanley's checks indicate non-weather regions are healthy with mid single digit comp growth and weather impacted regions have improved since August.
06:03 EDTWLKWestlake Chemical announces new $250M share repurchase program
The board of Westlake Chemical on Friday, November 21, authorized the company to repurchase up to $250M in shares of its common stock under a new share repurchase program. This program is effective immediately.
November 19, 2014
09:19 EDTPACDPacific Drilling to host special shareholder meeting
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November 18, 2014
06:14 EDTCJESC&J Energy initiated with a Neutral at SunTrust
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05:35 EDTTRNXWright Medical upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Wright Medical (WMGI) to Overweight citing the recent underperformance of shares and its positive view of the Tornier (TRNX) acquisition. The firm raised its price target for shares to $37 from $36.
05:30 EDTWLKTechnip awarded contract by Westlake Chemical
Technip (TKPPY) was awarded a contract by Westlake Chemical (WLK) to provide detailed engineering and procurement services to expand the recovery section of Westlakeís Petro 1 ethylene plant at its complex in Sulphur, Louisiana. Technipís operating center in Houston, Texas, will execute the project, with support from the Groupís office in Mumbai, India.
November 17, 2014
14:01 EDTRGPTalisman in talks to sell Marcellus pipelines valued at over $1B, Bloomberg says
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08:05 EDTRGPEnergy Transfer Partners, Regency Energy Partners to construct NGL pipeline
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07:14 EDTSYUTGoldman to hold a conference
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