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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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May 17, 2013
16:34 EDTCLXClorox board authorizes new $750M share repurchase, cancels old programs
Clorox disclosed in a regulatory filing that on May 13, the board of directors of the company terminated its previously announced May 13, 2008 and May 18, 2011 share repurchase authorizations and authorized an updated share repurchase program for an aggregate purchase amount of up to $750M. This reduces the total dollar value of shares that the company could repurchase under its open market share repurchase program from $821M to $750M. This $750M open market share repurchase program is in addition to the company’s previously announced evergreen repurchase program to reduce or eliminate dilution in connection with issuances of stock under the company’s stock incentive plans.
May 15, 2013
17:36 EDTDLPHPaulson gives quarterly update on stakes
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17:30 EDTTYCRelational Investors gives quarterly update on stakes
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17:26 EDTDLPHThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
17:09 EDTDLPHGreenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).
10:13 EDTCLXOn The Fly: Analyst Downgrade Summary
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07:49 EDTDLPHSenate Commerce Committee to hold a hearing
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07:37 EDTKFYMacquarie to host a conference
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06:31 EDTCLXClorox downgraded to Neutral from Outperform at Credit Suisse
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May 14, 2013
05:37 EDTCLXClorox raises quarterly dividend to 71c per share from 64c per share
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May 13, 2013
18:07 EDTCACBCascade Bancorp reports Q1 EPS 4c, consensus 3c
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10:09 EDTBENOn The Fly: Analyst Upgrade Summary
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06:44 EDTBENFranklin Resources upgraded to Buy from Neutral at UBS
UBS assumed coverage on Franklin Resources with a Buy rating from a Neutral rating. The analyst is positive on Franklin's diversified AUM base, global offerings, and equity franchise. Price target raised to $185 from $158.
05:44 EDTBENFranklin Resources upgraded to Buy from Neutral at Citigroup
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May 10, 2013
11:35 EDTBEN Franklin Resources reports 11.0% passive stake in Banro Corporation
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10:00 EDTRCIIOn The Fly: Analyst Downgrade Summary
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06:27 EDTRCIIRent-A-Center downgraded to Hold from Buy at Canaccord
Canaccord downgraded Rent-A-Center due to expectations for sustained sales declines in its core RTO business. Price target lowered to $37 from $42.
May 9, 2013
15:20 EDTRCIIRent-A-Center down over 1% after report of Sears starting lease-to-own program
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07:49 EDTBENFranklin Resources added to Select List at Stifel
Stifel added Franklin Resources to its Select List after the company's April AUM came in above expectations. The firm thinks the company's positive flow trend is sustainable and it raised its estimates for the company while keeping a Buy rating on the shares.
May 8, 2013
17:11 EDTBENFranklin Resources reports preliminary AUM $847.5B as of April 30
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