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Stock Market & Financial Investment News

News Breaks
January 22, 2014
10:04 EDTUN, LINE, LNCO, JNPR, RDC, PNFP, SWN, WTI, WAG, UL, SIMO, CERN, DOW, KBR, NUVA, PRXL, QLIK, RHT, SNI, CVSOn the Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CVS Caremark (CVS) upgraded to Strong Buy from Buy at ISI Group... Cerner (CERN) upgraded to Strong Buy from Neutral at ISI Group... Dow Chemical (DOW) upgraded to Neutral from Reduce at SunTrust... KBR (KBR) upgraded to Overweight from Equal Weight at Barclays... NuVasive (NUVA) upgraded to Outperform from Market Perform at Leerink... PAREXEL (PRXL) upgraded to Strong Buy from Buy at ISI Group... Qlik Technologies (QLIK) upgraded to Hold from Sell at Drexel Hamilton... Red Hat (RHT) upgraded to Outperform from Perform at Oppenheimer.. Scripps Networks (SNI) upgraded to Neutral from Sell at Citigroup... Silicon Motion (SIMO) upgraded to Buy from Hold at Needham... Unilever (UL) upgraded to Sector Perform from Underperform at RBC Capital... Walgreens (WAG) upgraded to Neutral from Cautious at ISI Group... W&T Offshore (WTI) upgraded to Equalweight from Underweight at Capital One... LINN Energy (LINE) upgraded to Focus List from Outperform at Howard Weil... LinnCo (LNCO) upgraded to Focus List from Outperform at Howard Weil... Juniper (JNPR) upgraded to Market Perform from Underperform at FBR Capital... Rowan Companies (RDC) upgraded to Accumulate from Hold at Tudor Pickering... Pinnacle Financial (PNFP) upgraded to Buy from Neutral at Sterne Agee... Southwestern Energy (SWN) upgraded to Buy from Neutral at Sterne Agee... Unilever (UN) upgraded at RBC Capital.
News For CVS;CERN;DOW;KBR;NUVA;PRXL;QLIK;RHT;SNI;SIMO;UL;WAG;WTI;LINE;LNCO;JNPR;RDC;PNFP;SWN;UN From The Last 14 Days
Check below for free stories on CVS;CERN;DOW;KBR;NUVA;PRXL;QLIK;RHT;SNI;SIMO;UL;WAG;WTI;LINE;LNCO;JNPR;RDC;PNFP;SWN;UN the last two weeks.
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August 6, 2014
11:14 EDTRDCRowan says seeing continued erosion of deepwater day rates, Bloomberg reports
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10:00 EDTCERNOn The Fly: Analyst Upgrade Summary
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09:58 EDTWAGWalgreen shares defended at SunTrust
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09:19 EDTWAGShire, AstraZeneca, Smith & Nephew slump amid inversion fears, FT says
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09:13 EDTWAGOn The Fly: Pre-market Movers
HIGHER: Fox class A shares (FOXA), up 5.9% after withdrawing proposal to acquire Time Warner (TWX), announcing $6B share repurchase program, reporting quarterly results... MannKind (MNKD), up 1.6% after entering a supply agreement with Amphastar Pharmaceuticals (AMPH)... Criteo (CRTO), up 11.5% after upgraded at Goldman following its better than expected Q2 earnings report. LOWER: Time Warner (TWX), down 13% after earnings, maintaining guidance, bid dropped by Fox... Sprint (S), down 16.5% after naming Marcelo Claure as president and CEO, reportedly dropping pursuit of T-Mobile (TMUS). T-Mobile shares also down 8.5%... Groupon (GRPN), down 18%, downgraded at Wunderlich after the company reported lower than expected Q3 results... Walgreen (WAG), down 15.7% after exercises option to acquire remaining 55% of Alliance Boots, says it will not pursue inversion as part of deal... Shire (SHPG), down 6% after Walgreen announced it would stay located in Chicago and Bloomberg last night reported that the Treasury Department is exploring ways to bypass Congress in an attempt to curb corporate inversions... Cytori Therapeutics (CYTX), down 33% after announcing that it has placed enrollment in the ATHENA and ATHENA II trials on clinical hold. UP AFTER EARNINGS: Enphase Energy (ENPH), up 20%... AOL (AOL), up 5%. DOWN AFTER EARNINGS: Nu Skin (NUS), down 8.5%... Rocket Fuel (FUEL), down 27%... Cognizant (CTSH), down 13%... First Solar (FSLR), down 2.5%... Globus Medical (GMED), down 17%.
08:59 EDTCERNCerner management to meet with Deutsche Bank
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08:40 EDTWAGShire drops 5% with tax inversions in focus
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08:16 EDTRDCRowan Companies reports Q2 EPS excluding items 33c, consensus 25c
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07:47 EDTWAG, CVSRetailers pare store openings as shopper visits slide, WSJ says
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07:36 EDTCERNCerner M&A deal should be largely accretive, says UBS
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07:16 EDTWAGWalgreen news positive, says SunTrust
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06:44 EDTWAGWalgreen to hold a conference call
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06:21 EDTCERNPiper Jaffray to hold a summit
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06:11 EDTWAGWalgreens Boots Alliance holding company to be headquartered in Chicago area
The Walgreens Boots Alliance holding company will be headquartered in the Chicago area, while Walgreens operations will remain headquartered in Deerfield, Ill. Boots operations also will remain headquartered at its current location in Nottingham, U.K.
06:10 EDTWAGWalgreen said the decision to buy rest of Rival Boots will not be inversion
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06:09 EDTWAGWalgreen board authorizes $3B share repurchase program, raises dividend
The board of directors has approved a new capital allocation policy for the combined enterprise. Returning cash to shareholders by targeting a 30%-35% long-term dividend payout ratio and a new $3B share repurchase authorization through the end of fiscal 2016. In addition, the board of Walgreen ncreased the quarterly dividend to 33.75c per share, a 7.1% increase over the year-ago quarterly dividend of 31.5c per share. The increased dividend is payable Sept. 12 to shareholders of record Aug. 21, and raises the annual rate from $1.26 per share to $1.35 per share.
06:07 EDTWAGWalgreen sees FY16 EPS $4.25-$4.60; FY16 revenue $126B-$130B
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06:04 EDTWAGWalgreen exercises option to acquire remaining 55% of Alliance Boots
Walgreens said it has exercised its option to complete the second step of its strategic transaction with Alliance Boots GmbH ahead of the original option period, which was between February and August 2015. The transaction, subject to shareholder and various regulatory approvals, would fully combine the two companies to form the first global pharmacy-led, health and wellbeing enterprise. This action follows the launch of the companies’ long-term strategic partnership in June 2012, when Walgreens acquired a 45% equity ownership in Alliance Boots, with the option to proceed to a full combination by acquiring the remaining 55% of Alliance Boots in three years’ time. Walgreens expects to close the transaction in the first quarter of calendar 2015. A new holding company to be formed in connection with the transaction will be named Walgreens Boots Alliance, and will include four divisions: Walgreen Co.; Boots; Pharmaceutical Wholesale and International Retail; and Global Brands. In addition, the combined company is establishing a cross-divisional global pharmacy market access group. CEO and board member Greg Wasson will be president and CEO of Walgreens Boots Alliance, and Stefano Pessina, executive chairman of Alliance Boots, will be executive vice chairman of the combined company. Jim Skinner will serve as the non-executive chairman of the board of directors for the combined company.
06:02 EDTWAGWalgreen exercises option to acquire remaining 55% of Alliance Boots
05:49 EDTCERNCerner upgraded to Outperform from Market Perform at Wells Fargo
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