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Stock Market & Financial Investment News

News Breaks
December 31, 2012
08:08 EDTCOVCovidien raises FY13 Phamaceutical unit sales growth guidance to up 3%-6%
Covidien announced that as a result of the FDA approval of its generic version of CONCERTA and continued good operational performance, Covidien is increasing the fiscal 2013 net sales guidance for the Pharmaceuticals segment to 3%-6% above 2012 from the previous range of 1%-4% above 2012. There are no other changes to Covidienís previously announced 2013 guidance, the company said, adding that more details will be provided on January 25, 2013, when the company announces its first-quarter results. Covidien announced in December 2011 that it plans to spin off its Pharmaceuticals segment, Mallinckrodt, into a stand-alone company, a process expected to be completed in mid-2013.
News For COV From The Last 14 Days
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July 22, 2014
07:07 EDTCOVCovidien names Bryan Hanson as group president, effective October 1
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July 21, 2014
08:16 EDTCOVDeutsche Bank analysts hold an analyst/industry conference call
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July 18, 2014
12:51 EDTCOVKey GOP senator signals readiness for inversion deal, The Hill says
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11:34 EDTCOVOptions with increasing implied volatility
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July 17, 2014
11:23 EDTCOVOptions with increasing implied volatility
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10:00 EDTCOVOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Buy from Strong Buy at ISI Group... Charter (CHTR) downgraded to Hold from Buy at Jefferies... Covidien (COV) downgraded to Hold from Buy at Needham... Diageo (DEO) downgraded to Underweight from Neutral at JPMorgan... GNC Holdings (GNC) downgraded to Hold from Buy at Jefferies... International Game (IGT) downgraded to Market Perform from Outperform at BMO Capital... JAVELIN Mortgage (JMI) downgraded to Market Perform from Outperform at JMP Securities... Macquarie Group (MQBKY) downgraded to Underweight from Neutral at JPMorgan... PNC Financial (PNC) downgraded to Neutral from Buy at Compass Point... PetSmart (PETM) downgraded to Sector Perform from Outperform at RBC Capital... Rexam (REXMY) downgraded to Hold from Buy at Deutsche Bank.
06:41 EDTCOVCovidien downgraded to Hold from Buy at Needham
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July 16, 2014
10:36 EDTCOVTreasury calls on Congress to halt inversion deals
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07:59 EDTCOVTreasury Secretary urges Congress to take action on tax inversions
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July 14, 2014
10:00 EDTCOVOn The Fly: Analyst Downgrade Summary
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07:12 EDTCOVCovidien downgraded to Neutral from Overweight at Piper Jaffray
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06:31 EDTCOVCovidien downgraded to Neutral from Overweight at Piper Jaffray

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