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Stock Market & Financial Investment News

News Breaks
January 20, 2013
14:12 EDTAA, CMI, DD, CAT, MMM, SCHNChina's declining pool of workers may hamper its recovery, Bloomberg says
China's continued growth trajectory may be hampered by a shortage of workers and resources, says Bloomberg, adding that the country's leaders may have to accept an expansion rate of half the peak of the last decade. Reference Link
News For CMI;SCHN;CAT;AA;MMM;DD From The Last 14 Days
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May 17, 2013
05:21 EDTCATCaterpillar, Mining Machinery resolve all outstanding issues
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May 16, 2013
19:01 EDTCATCaterpillar and Mining Machinery Limited announce settlement agreement
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11:18 EDTAAAlcoa postponing construction of new potline at its Baie-Comeau smelter
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May 14, 2013
07:23 EDTDDOppenheimer to host a summit
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06:12 EDTDDSyngenta and DuPont announce technology license agreement
Syngenta (SYT) and DuPont (DD) announced technology licensing agreements that will broaden each company's crop protection product portfolio and enable both to bring new products to market more efficiently. Syngenta has obtained a global license from DuPont to develop products containing DuPont's fungicide oxathiapiprolin. Under the agreements, Syngenta receives exclusive rights for foliar and soil uses on all crops in North America and for lawn and garden uses globally. Syngenta also secures rights on certain crops for seed treatment globally and for the development of foliar and soil uses on certain crops outside of North America. The agreement gives DuPont exclusive access to Syngenta's Solatenol for mixture with DuPont's picoxystrobin fungicide on soybean and other crops in Brazil. Solatenol is a new benz-pyrazole SDHI fungicide which brings a new mode of action with no cross-resistance to existing fungicides. It offers outstanding and long-lasting control of Asian rust in soybean.
May 10, 2013
10:15 EDTDDGevo confirms temporary dismissal of lawsuit against Butamax, DuPont
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07:41 EDTAAAlcoa price target lowered to $6 from $8 at CLSA
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06:30 EDTCATCaterpillar, Milwaukee workers' union talks suspended, Reuters says
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May 8, 2013
18:02 EDTDDDuPont, OCP announce joint venture
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11:43 EDTCATCaterpillar sees some 'encouraging signs' in China business
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May 7, 2013
18:58 EDTCATCaterpillar set to resume talks with union, WSJ says
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10:01 EDTMMM3M Unitek and Rocky Mountain Orthodontics settle patent infringement litigation
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07:25 EDTDDBarclays to host a conference
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May 6, 2013
11:58 EDTMMMHigh option volume stocks: NRGY RENN NSM MMM HRL
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11:19 EDTCATCaterpillar shares may offer good entry point, Barron's says
Shares of Caterpillar seem to be pricing in a lot of bad news and current levels could prove to be a good entry point for longer term investors, Barron's said over the weekend in its The Trader column.Reference Link
10:49 EDTAACliffs Natural rallies after analyst raises stock to Outperform
Mining company Cliffs Natural (CLF) is climbing after FBR Capital analyst Mitesh Thakkar upgraded the stock to Outperform from Market Perform in a note to investors earlier today. WHAT'S NEW: After meeting with Cliffs' management, Thakkar is more convinced that the company can use various methods to offset declines in iron ore prices. Specifically, Cliffs Natural can reduce its spending on various initiatives, and sell assets to raise cash if necessary, the analyst contended. In addition, there are signs that China's iron ore imports could increase, while Cliffs' stock has slumped 49% this year, making its valuation attractive, the analyst wrote. Thakkar kept a $28 price target on the shares. TODAY'S PRICE ACTION: In mid-morning trading, Cliffs gained 85c, or 4.3%, to $20.75. OTHERS TO WATCH: Other metal producers rose slightly, with Alcoa (AA) adding 0.75% to $8.70, BHP Billiton (BHP) gaining 0.4% to $67.80, and Freeport McMoRan (FCX) gaining 0.75% to $31.40.

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