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Stock Market & Financial Investment News

News Breaks
September 27, 2012
10:18 EDTCTB, HON, YHOO, INFA, ONXX, LLTCOn The Fly: Analysts Initiation Summary
Today's noteworthy initiations include: Cooper Tire (CTB) initiated with a Neutral at Goldman...Honeywell (HON) reinstated with a Buy at BofA/Merrill...Yahoo! (YHOO) reinstated with a Buy at Goldman...Informatica (INFA) initiated with an Outperform at FBN Securities...Onyx Pharmaceuticals (ONXX) coverage assumed with a Buy at Brean Murray...Linear Technology (LLTC) reinstated with a Buy at BofA/Merrill.
News For CTB;HON;YHOO;INFA;ONXX;LLTC From The Last 14 Days
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May 19, 2013
14:33 EDTYHOOYahoo board give okay for $1.1B Tumblr purchase, WSJ says
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12:49 EDTYHOOYahoo board to meet Sunday to consider Tumblr acquisition, AllThingsD says
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May 17, 2013
15:04 EDTYHOOYahoo to hold product-related event Monday, CNBC says
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May 16, 2013
19:47 EDTYHOOYahoo in talks with Tumblr, AllThingsD reports
An AllThingsD report that cites sources close to the situation says Yahoo is in serious talks with Tumblr regarding a strategic alliance, or a potential outright buy of the company. The report cites sources that say this isn't the first time Yahoo CEO Marissa Mayer has been interested in Tumblr, saying that since taking over at Yahoo, Mayer has met with Tumblr executives, including founder David Karp. Reference Link
16:25 EDTYHOOYahoo! granted favorable ruling in Mexico City superior court
Yahoo! announced that the Superior Court of Justice for the Federal District in Mexico has granted the company’s appeal and reversed the ruling of the 49th Civil Court of Mexico, which had entered a non-final judgment of $2.75B against Yahoo! and Yahoo! Mexico on November 28, 2012. The appellate decision overturned all monetary awards against Yahoo! and reduced the monetary award against Yahoo! Mexico to $172,500. Yahoo! Mexico was awarded $2.6M in the original judgment, and this award was confirmed by the appellate decision.
12:12 EDTYHOOYahoo in pact to integrate Twitter content on newsfeed
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May 15, 2013
17:09 EDTYHOOGreenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).
16:08 EDTYHOOGoogle sites lead U.S. April searches with 66.5% of searches, comScore says
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May 14, 2013
17:48 EDTINFALone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
10:36 EDTYHOOYahoo CFO says 'would go beyond' existing share repurchase authorization
Comment made at the JP Morgan Global Technology, Media and Telecom Conference.
08:39 EDTYHOOYahoo price target raised to $30 from $27 at Goldman
Goldman raised Yahoo estimates to account for Alibaba, continued growth acceleration, and appreciation in Yahoo! Japan shares. The firm rates Yahoo1 Conviction Buy.
07:23 EDTHONOppenheimer to host a summit
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07:15 EDTYHOOYahoo price target raised to $30 from $26 at Cantor
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May 13, 2013
09:01 EDTHONHoneywell awarded $72.4M contract from U.S. Army
Honeywell has won a three-year, $72.4M maintenance and training contract from the U.S. Army for Total Package Fielding Army Modernization Training to provide mission-capable vehicles and requisite training to safely operate and maintain heavy tactical vehicles. The award is a component of the ongoing support that Honeywell Technology Solutions has been providing to the Heavy Tactical Wheeled Vehicles Program for over 18 years. Heavy Tactical is part of the U.S. Army Tank-automotive and Armaments Command Heavy Tactical Vehicles Program Manager under the TACOM Transportation Systems Program Executive Office.
May 11, 2013
14:18 EDTYHOOYahoo acquires mobile gaming company Loki Studios
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May 9, 2013
12:25 EDTYHOOYahoo acquires GoPollGo
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07:45 EDTCTBCooper Tire says continues to be cautious about Q2 volumes
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07:43 EDTCTBCooper Tire reports Q1 EPS 87c, consensus 66c
Reports Q1 revenue $861.7M, consensus $965.03M. The company said, "We previously guided to lower volumes for the first quarter anticipating the deployment of a major phase of our ERP system and inventory adjustments being made by certain key customers. On top of these two expected impacts, which were specific to Cooper, the global tire market was extremely soft and world economies continued to be weak, which constrained consumer spending. Even with these combined factors negatively impacting volumes, we struck a balance between pricing discipline and volumes to achieve record results on the bottom line."
May 8, 2013
08:52 EDTONXXOnyx Pharmaceuticals price target raised to $115 from $105 at Maxim
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08:25 EDTYHOOYahoo price target raised to $30 from $23 at Bernstein
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