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Stock Market & Financial Investment News

News Breaks
February 26, 2013
05:55 EDTCLX, CLX, BEN, BEN, CACB, CACB, TYC, TYC, DLPH, DLPH, KFY, KFY, RCII, RCII, AVP, AVPCorporate Board Member to host a summit
2nd Annual West Coast Boardroom Summit is being held in Scottsdale, Arizona on February 26-27.
News For CLX;BEN;CACB;TYC;DLPH;KFY;RCII;AVP From The Last 14 Days
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September 23, 2014
10:02 EDTCLXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Analog Devices (ADI) downgraded to Neutral from Overweight at JPMorgan... Bed Bath & Beyond (BBBY) downgraded to Market Perform at William Blair... Cameco (CCJ) downgraded to Neutral from Buy at BofA/Merrill... Clorox (CLX) downgraded to Neutral from Buy at Citigroup... Concur (CNQR) downgraded to Neutral from Buy at Roth Capital... Del Frisco's (DFRG) downgraded at Sterne Agee... Dick's Sporting (DKS) downgraded to Market Perform from Outperform at William Blair... Dresser-Rand (DRC) downgraded to Hold from Buy at KeyBanc... Equinix (EQIX) downgraded to Market Perform from Outperform at Wells Fargo... Fluor (FLR) downgraded at Wells Fargo... Gordmans Stores (GMAN) downgraded at Canaccord... Jacobs Engineering (JEC) downgraded to Market Perform from Outperform at Wells Fargo... Nanometrics (NANO) downgraded to Hold from Buy at Canaccord... ON Semiconductor (ONNN) downgraded to Neutral from Overweight at JPMorgan... Siemens (SIEGY) downgraded to Equal Weight from Overweight at Barclays... Sigma-Aldrich (SIAL) downgraded to Hold from Buy at KeyBanc... Taminco (TAM) downgraded to Hold from Buy at Jefferies... Viasystems (VIAS) downgraded to Hold from Buy at Canaccord... Watsco (WSO) downgraded to Accumulate from Buy at Global Hunter.
08:34 EDTCLXClorox appoints Vlahos, Willoughby to EVP-COO roles
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06:58 EDTDLPHDelphi Automotive pullback a buying opportunity, says Citigroup
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06:12 EDTCLXClorox downgraded to Neutral from Buy at Citigroup
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06:03 EDTCLXClorox downgraded to Sell from Neutral at B. Riley
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September 22, 2014
16:18 EDTCLXOn The Fly: Closing Wrap
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12:58 EDTCLXClorox trades sharply higher on Venezuela exit, levels to watch
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12:33 EDTCLXClorox surges after Venezuela exit, reportedly rejecting takeover offer
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12:16 EDTCLXOn The Fly: Midday Wrap
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10:36 EDTCLXHigh option volume stocks:
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09:15 EDTCLXOn The Fly: Pre-market Movers
HIGHER: Sigma-Aldrich (SIAL), up 34% after Merck KGaA (MKGAY) to acquire the company for $17B... Viasystems (VIAS), up 44% after TTM Technologies (TTMI) acquires the company for $16.46 per share in cash and stock. TTM is up 15.5% after the deal... Clorox (CLX), up 5.4% after the New York Post said the company turned down offer to sell or merge with rival... EMC (EMC), up 2.5% after The Wall Street Journal said the company is considering options that could include merging with a rival and held on-and-off merger talks with Hewlett-Packard (HPQ) for almost a year, though the Journal added that those talks recently ended... Epiq Systems (EPIQ), up 9.9% after P2 Capital confirms 16.9% stake in Epiq and that the company turned down the shareholders' $20 per share takeover offer... Dresser-Rand (DRC), up 2.7% after the company sells to Siemens (SIEGY) for $83 per share or $7.6B... TAT Technologies (TATT), up 6.6% after a division of the company signed a maintenance agreement with Republic Airways (RJET). LOWER: Yahoo (YHOO), down 2.1% after stock was downgraded at Bank of America Merrill Lynch and at Bernstein... InvenSense (INVN), down 2.9% after downgraded at RW Baird... Threshold Pharmaceuticals (THLD), down 5.6% after TH-302 Phase 3 trial events to occur later than expected.
09:03 EDTDLPHDelphi Automotive acquires Antaya Technologies
Delphi Automotive signed a definitive agreement to acquire Antaya Technologies. The transaction is expected to close in 4Q14, subject to receipt of regulatory approvals. Terms of the transaction were not disclosed.
08:53 EDTCLXClorox up 3.4% after announces exit from Venezuela, confirms FY15 guidance
08:35 EDTCLXClorox announces exit from Venezuela
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08:32 EDTCLXClorox confirms FY15 EPS view of $4.35-$4.50, consensus $4.42
Continues to see FY15 revenue guidance flat.
September 20, 2014
22:05 EDTCLXClorox turned down offer to sell or merge with rival, NY Post says
In the last three to six months consumer packaged-goods company Clorox (CLX) turned down an offer from a rival interested in a sale or merger, says the NY Post, citing sources. The NY Post added that logical suitors for Clorox include Church & Dwight (CHD), Procter & Gamble (PG), Jarden (JAH) and Unilever (UN,UL). Reference Link
September 18, 2014
16:17 EDTCLXClorox promotes Benno Dorer to CEO, Don Knauss to continue as chairman
The board of Clorox announced, effective Nov. 20, Donald R. Knauss will continue serving as chairman and a member of the board, in a newly created executive chairman role, and Benno Dorer will be promoted to CEO and nominated to be elected to the company's board. Knauss has served as chairman and CEO of the company since October 2006. Since January 2013, Dorer, has served as executive vice president and COO - Cleaning, International and Corporate Strategy.
16:16 EDTCLXClorox promotes Benno Dorer to CEO, Don Knauss to continue as chairman
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06:24 EDTAVPCiti defends recent downgrade of Avon Products
Citigroup says that following investor pushback, it is defending its September 8 downgrade of Avon Products to Neutral. The firm says it is comfortable with below consensus estimates given the recent strengthening of the U.S. dollar relative to several currencies. Citi adds that it has less confidence in Avon's turnaround following the departure of CFO Ross. It keeps a Neutral rating on the stock with a $15 price target.
September 17, 2014
10:00 EDTTYCOn The Fly: Analyst Initiation Summary
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