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Stock Market & Financial Investment News

News Breaks
September 10, 2013
08:02 EDTPDS, ECA, BTE, ERF, DVN, VET, CVE, CNQPeters & Co to host a conference
Limited Energy Conference is being held in Toronto, Canada on September 10-12 with webcasted company presentations to begin on September 10 at 8 am; not all company presentations may be webcasted. Webcast Link
News For CNQ;DVN;ECA;CVE;ERF;PDS;VET;BTE From The Last 14 Days
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March 27, 2015
10:03 EDTPDSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AEGON (AEG) downgraded to Neutral from Buy at Goldman... Alkermes (ALKS) downgraded to Neutral from Buy at Citigroup... American Eagle (AEO) downgraded to Sell from Neutral at Goldman... ArcelorMittal (MT) downgraded to Sell from Neutral at Citigroup... Black Diamond (BDE) downgraded to Sell from Hold at Feltl... Diodes (DIOD) downgraded to Outperform from Strong Buy at Raymond James... EMC (EMC) downgraded at Pacific Crest... Epizyme (EPZM) downgraded to Neutral from Buy at Citigroup... FutureFuel (FF) downgraded Neutral at Roth Capital... GameStop (GME) downgraded to Neutral from Buy at B. Riley... MSC Industrial (MSM) downgraded to Neutral from Outperform at RW Baird... Pioneer Energy (PES) downgraded to Hold from Buy at Deutsche Bank... Power Integrations (POWI) downgraded to Market Perform at Raymond James... Precision Drilling (PDS) downgraded to Hold from Buy at Deutsche Bank... SanDisk (SNDK) downgraded to Hold from Buy at Evercore ISI... Semtech (SMTC) downgraded to Outperform from Strong Buy at Raymond James... Swiss Re (SSREY) downgraded to Hold from Buy at Jefferies... Vantiv (VNTV) downgraded at SunTrust... Vivendi (VIVHY) downgraded to Underperform from Outperform at Exane BNP Paribas... WESCO (WCC) downgraded to Neutral from Outperform at RW Baird... World Acceptance (WRLD) downgraded to Underperform from Neutral at Macquarie... Zurich Insurance (ZURVY) downgraded to Neutral from Buy at Goldman.
09:34 EDTECAEncana initiated with an In-Line at Imperial Capital
Target $14.
07:29 EDTPDSPrecision Drilling downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Precision Drilling to Hold citing expectations for significant downward pressure on pricing and margins. The firm cut its price target for shares to C$6 from C$7.
March 23, 2015
18:08 EDTDVNEnLink Midstream to acquire Victoria Express assets from Devon Energy
EnLink Midstream Partners (ENLK) announced that it has entered into an agreement to acquire the Victoria Express Pipeline and related truck terminal and storage assets from Devon Energy Corporation (DVN). Total consideration for the transaction is approximately $210M-$220M, including approximately $171M in cash, approximately 338,000 of the Partnership’s common units and EnLink’s assumption of approximately $30M-$40M in certain construction costs to expand the system to full capacity, subject to adjustments. The transaction, which is expected to close on or about April 1, subject to the satisfaction of certain conditions, is expected to be immediately accretive to the Partnership.
March 18, 2015
10:00 EDTECAOn The Fly: Analyst Upgrade Summary
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07:04 EDTECAEncana upgraded to Buy from Hold at Desjardins

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