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Stock Market & Financial Investment News

News Breaks
April 3, 2013
10:00 EDTCRR, EXAR, RDWR, IRDM, CIE, ASTX, SCMP, SIX, STNG, QCOM, ETN, FUN, NVDQOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: CARBO Ceramics (CRR) initiated with a Neutral at Goldman... Cedar Fair (FUN) initiated with a Neutral at Goldman... Eaton (ETN) initiated with an Equal Weight at Morgan Stanley... Qualcomm (QCOM) initiated with an Outperform at Northland Securities... Scorpio Tankers (STNG) initiated with a Neutral at Credit Suisse... Six Flags (SIX) initiated with a Conviction Buy at Goldman... Sucampo (SCMP) initiated with a Buy at Cantor... Astex Pharmaceuticals (ASTX) initiated with an Outperform at RBC Capital... Cobalt (CIE) initiated with an Overweight at Johnson Rice... Radware (RDWR) initiated with a Buy at Craig-Hallum... Iridium (IRDM) initiated with a Buy at Sidoti... Exar (EXAR) initiated with a Buy at Needham... Novadaq Technologies (NVDQ) initiated with a Buy at Stifel.
News For CRR;FUN;ETN;QCOM;STNG;SIX;SCMP;ASTX;CIE;IRDM;RDWR;EXAR;NVDQ From The Last 14 Days
Check below for free stories on CRR;FUN;ETN;QCOM;STNG;SIX;SCMP;ASTX;CIE;IRDM;RDWR;EXAR;NVDQ the last two weeks.
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September 16, 2014
16:18 EDTCRRCARBO Ceramics initiated with a Hold at KeyBanc
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07:49 EDTSTNGScorpio Tankers announces newbuilding vessel deliveries
Scorpio Tankers announced that it has recently taken delivery of seven newbuilding vessels. The deliveries are as follows: STI Madison and STI Park, LR2 product tankers, were delivered from Hyundai Samho Heavy Industries in September 2014. Upon delivery, each vessel began a voyage for 45 days at approximately $30,000 per day. STI Mythos, an MR product tanker, was delivered in August from Hyundai Mipo Dockyard of South Korea. Upon delivery, this vessel began a time charter for up to 120 days at approximately $17,000 per day. STI Regina, an MR product tanker, was delivered in September from SPP Shipbuilding of South Korea. Upon delivery, this vessel began a time charter for up to 120 days at approximately $17,000 per day. STI Benicia, an MR product tanker, was delivered in September from SPP. After delivery, this vessel began a one year time charter at a rate level consistent with current one year time charter contracts which includes a profit sharing mechanism whereby earnings in excess of the base time charter rate are split between the Company and charterer. STI Hackney and STI Acton, Handymax Ice Class 1A product tankers, were delivered from HMD in August and September, respectively. Upon delivery, each vessel began a time charter for up to 120 days at a rate level consistent with the current market.
07:19 EDTQCOMCompanies' share buybacks at fasttest clip since 2007, WSJ reports
Companies are buying back their own shares at its fastest pace since the financial crisis to fuel a stock rally, reports the Wall Street Journal. According to Birinyi Associates, companies have bought back $338.3B of stock in 1H14, the most since 2007. Citing an analysis by Barclays, companies with the largest buyback programs by dollar value have outperformed the broader market by 20% since 2008. Reference Link
07:00 EDTCIECobalt management to meet with Deutsche Bank
Meeting to be held in Geneva on September 16 hosted by Deutsche Bank.
06:41 EDTQCOMQualcomm accused of bribing Chinese official, WantChinaTimes says
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September 15, 2014
14:05 EDTETNEaton backs Q3 EPS view $1.20-$1.30, consensus $1.25
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14:04 EDTETNEaton backs FY14 EPS view $4.50-$4.70, consensus $4.60
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10:34 EDTQCOMQualcomm acquires image recognition start-up Euvision
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07:51 EDTCIECobalt management to meet with Deutsche Bank
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September 12, 2014
07:39 EDTEXARExar management to meet with B. Riley
Meeting to be held in Los Angeles on September 19 hosted by B. Riley.
September 11, 2014
05:53 EDTRDWRRadware management to meet with Needham
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September 10, 2014
14:06 EDTQCOMQualcomm could be hit with $1.6B fine, WantChinaTimes says
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September 9, 2014
11:37 EDTETNEaton initiated with a Hold at Societe Generale
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09:45 EDTQCOMBofA/Merrill wireless equipment analyst holds analyst/industry conference call
Wireless Equipment Analyst Liani discusses a recently published report, "Wireless Equipment: A Deep Dive into Qualcomm's Royalties, Semis and Cash" on an Analyst/Industry conference call to be held on September 9 at 11 am.
07:17 EDTQCOMThe Wireless Association to hold a conference
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07:11 EDTQCOMUBM Tech to hold a conference
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06:54 EDTQCOMChamber of Commerce says China antitrust efforts may be illegal, NY Times says
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September 8, 2014
19:25 EDTSIXSix Flags wooden roller coaster catches fire, portion collapses, LA Times says
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10:04 EDTQCOMAlcatel-Lucent sees commercial release of Enterprise Small Cells in early 2015
Alcatel-Lucent (ALU) has announced that it will introduce its new Enterprise Small Cell device at the beginning of 2015. In collaboration with Qualcomm Technologies, a subsidiary of Qualcomm (QCOM), Alcatel-Lucent is developing a small cell solution that will allow operators to extend superior 3G, 4G LTE and Wi-Fi connectivity and coverage into the office for in-building customers. The rapid development of the solution has led the company to extend its plans to include LTE and multi-standard residential cells, Alcatel said.
07:34 EDTQCOMU.S. claims China breaks commitments amid Qualcomm, Microsoft probes, WSJ says
As Microsoft (MSFT) and Qualcomm (QCOM) are being investigated for potential monopolistic activity by Chinese regulators and lawmakers there recently alleged price manipulation by foreign automakers including Toyota (TM), Honda (HMC) and Daimler (DDAIF), the U.S. Chamber of Commerce alleged that China's use of its antimonopoly law has been subjective and its implementation skewed to favor China's local companies, reported The Wall Street Journal. Reference Link
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