New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 18, 2014
04:55 EDTCNHI, CNHI, CNHI, DE, DE, DEMacquarie to hold a field trip
U.S. Midwest Agri Field Trip travels throughout Chicago on August 18-20.
News For CNHI;DE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 3, 2016
18:33 EDTDEDeere urges ratification of Trans-Pacific Partnership
Deere & Company urged the U.S. Congress to ratify the Trans-Pacific Partnership, saying the trade agreement signed by 12 countries today is a much-needed step to boost the global economy. Samuel Allen, Deere & Company chairman and CEO said the global marketplace is important to Deere's employees as nearly 40% of the company's revenues already come from sales outside the U.S. and Canada. Exports at Deere's larger agricultural and construction equipment factories in Iowa and Illinois account for between one-third and one-fourth of all units manufactured at those facilities. Deere serves customers in the TPP participating countries and has facilities in seven of them. The agreement is expected to boost trade flows among all participants and strengthen global food security by improving efficiency in meeting food and feed needs as well as improving infrastructure across the Asia-Pacific region.
February 1, 2016
10:00 EDTCNHIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Air Products (APD) upgraded to Buy from Neutral at UBS... American Airlines (AAL) upgraded to Outperform from Market Perform at Cowen... Axiall (AXLL) upgraded to Overweight from Neutral at JPMorgan... BASF (BASFY) upgraded to Buy from Hold at Societe Generale... CNH Industrial (CNHI) upgraded to Neutral from Underperform at BofA/Merrill... CU Bancorp (CUNB) upgraded to Outperform from Market Perform at Fig Partners... CaixaBank (CAIXY) upgraded to Hold from Sell at Societe Generale... Chipotle (CMG) upgraded to Neutral from Underperform at BofA/Merrill... Concho Resources (CXO) upgraded to Buy from Neutral at SunTrust... Continental Building (CBPX) upgraded to Buy from Hold at BB&T... Eastman Chemical (EMN) upgraded to Buy from Outperform at CLSA... Extreme Networks (EXTR) upgraded to Buy from Hold at Needham... Glacier Bancorp (GBCI) upgraded to Outperform from Market Perform at Fig Partners... IBERIABANK (IBKC) upgraded to Strong Buy from Outperform at Raymond James... Infineon (IFNNY) upgraded to Buy from Neutral at UBS... Jarden (JAH) upgraded to Outperform from Market Perform at Raymond James... Joy Global (JOY) upgraded to Overweight from Equal Weight at Barclays... KT Corporation (KT) upgraded to Overweight from Neutral at JPMorgan... Kennametal (KMT) upgraded to Neutral from Underperform at BofA/Merrill... L-3 Communications (LLL) upgraded to Buy on valuation at BofA/Merrill... Maximus (MMS) upgraded to Outperform from Market Perform at Raymond James... Micron (MU) upgraded to Neutral from Sell at Goldman... Monster Beverage (MNST) upgraded to Outperform from Market Perform at Wells Fargo... Newell Rubbermaid (NWL) upgraded to Outperform from Market Perform at Raymond James... Northrop Grumman (NOC) upgraded to Buy from Neutral at BofA/Merrill... PTC (PTC) upgraded to Buy from Neutral at Sterne Agee CRT... Peoples Bancorp (PEBO) upgraded to Outperform from Neutral at Boenning & Scattergood... Praxair (PX) upgraded to Buy from Neutral at UBS... Proofpoint (PFPT) upgraded to Outperform from In-Line at Imperial Capital... Seagate (STX) upgraded to Hold from Sell at Benchmark... Siemens (SIEGY) upgraded to Buy from Neutral at Nomura... Superior Drilling (SDPI) upgraded to Buy from Hold at Wunderlich... Vertex (VRTX) upgraded to Buy from Hold at Jefferies... Werner (WERN) upgraded to Strong Buy from Outperform at Raymond James... ZAIS Financial (ZFC) upgraded to Overweight from Equal Weight at Barclays.
06:50 EDTCNHICNH Industrial upgraded to Neutral from Underperform at BofA/Merrill
Subscribe for More Information
January 29, 2016
16:19 EDTCNHICNH Industrial intends to launch $300M share buyback program
CNH Industrial advises its intention to launch a share buyback program.The Company anticipates that the Program will involve the repurchase from time to time of up to $300M in common shares. The Program is intended to optimize the capital structure of the Company.
08:22 EDTCNHICNH Industrial announces $300M repurchase program
Subscribe for More Information
08:22 EDTCNHICNH Industrial sees FY16 net sales of Industrial Activities $23B-$24B
Subscribe for More Information
08:19 EDTCNHICNH Industrial reports Q4 EPS 19c ex-items, consensus 17c
Subscribe for More Information
January 25, 2016
11:18 EDTDEGoldman says sell Caterpillar with more pain to come from commodity slump
The shares of Caterpillar (CAT) are dropping after Goldman Sachs downgraded the stock to Sell from Neutral. Demand for machinery will probably drop as commodity producers continue to lower their capital expenditures going forward, the firm believes. WHAT'S NEW: Commodity producers are likely to reduce their capital spending, including their expenditures on machinery, according to Goldman analyst Jerry Revich. These trends will be driven by the producers' "challenging returns" and weak balance sheets, he believes. The commodity producers' slump will affect Caterpillar in two ways, the analyst explained. Specifically, 30% of Caterpillar's revenue is derived from commodity producers, while it obtains 25% of its revenue from countries that export commodities, where overall demand for machinery will probably fall, explained Revich. Moreover, although analysts' consensus estimates indicate that they expect Caterpillar's profit to bottom this year, capital spending in Caterpillar's main end markets appears to be above average levels, said Revich, who expects the company's 2017 EPS to come in 15% below the consensus outlook. The analyst cut his price target on the shares to $51 from $67. PRICE ACTION: In morning trading, Caterpillar dropped 4% to $58.54. Other machinery makers also declined, with Deere (DE) falling 2.8% to $72.54, AGCO Corporation (AGCO) slumping 3.6% to $44.28 and Joy Global (JOY) giving back 3.2% to $8.73.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use