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Stock Market & Financial Investment News

News Breaks
December 17, 2013
10:04 EDTCWH, FINL, ADBE, FB, STX, WDC, SLXP, MDT, MMP, HPQ, HII, CW, BDNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CommonWealth REIT (CWH) upgraded to Hold from Sell at Stifel...Curtiss-Wright (CW) upgraded to Buy from Hold at Deutsche Bank...HP (HPQ) upgraded to Overweight from Neutral at JPMorgan...Huntington Ingalls (HII) upgraded to Buy from Hold at Deutsche Bank...Magellan Midstream (MMP) upgraded to Buy from Hold at Deutsche Bank...Medtronic (MDT) upgraded to Buy from Neutral at Goldman...Salix (SLXP) upgraded to Buy from Hold at Stifel...Western Digital (WDC) upgraded to Overweight from Neutral at JPMorgan...Facebook (FB) upgraded to Positive from Neutral at Susquehanna...Seagate (STX) upgraded to Neutral from Underweight at JPMorgan...Adobe (ADBE) upgraded to Buy from Hold at Argus...Finish Line (FINL) upgraded to Buy from Underperform at BofA/Merrill...Brandywine Realty (BDN) upgraded to Buy from Neutral at ISI Group.
News For CWH;CW;HII;HPQ;MMP;MDT;SLXP;WDC;STX;FB;ADBE;FINL;BDN From The Last 14 Days
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April 8, 2014
16:21 EDTFBOn The Fly: Closing Wrap
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09:00 EDTFBCLSA social media analysts hold an analyst/industry conference call
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08:08 EDTADBECost to Apple, Google, Intel, of 'no-poaching' deal may be high, DealBook says
Some of the of the biggest names in tech, including Apple (AAPL), Google (GOOG), Intel (INTC)and Adobe (ADBE), are at the center of a class-action suit that seeks $9B as compensation for employees who contend the tech giants colluded to prevent their employees from being hired at rivals, reported The New York Times' DealBook. Reference Link
07:42 EDTADBEAdobe pullback a buying opportunity, says Cowen
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07:28 EDTFBFour Internet stocks attractive after pullbacks, says Stifel
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07:28 EDTFBSecurity Innovation Network to hold a forum
IT Security Entrepreneurs Forum: ITSEF 2014 is being held in Mountain View, California on April 8-9.
07:26 EDTMDTElsevier Business Intelligence to hold a conference
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April 7, 2014
16:20 EDTHIIHuntington Ingalls unit gets $187M U.S. Navy contract
Huntington Ingalls announced that its AMSEC subsidiary has been awarded a contract to provide engineering, technical, repair and logistics support to the U.S. Navy's Carrier Engineering Maintenance Assist Team and Surface Ship Engineering Maintenance Assist Team programs. The indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee contract contains a one-year base period with four one-year option periods, which, if exercised, would bring the cumulative value of the contract to more than $187M. If all options are awarded, the work is expected to be completed by April 2019.
07:58 EDTMDTMedtronic data positive for C.R. Bard, says Barclays
Barclays said Medtronic's (MDT) better than expected drug coated balloon data could have a positive class effect that benefits C.R. Bard (BCR). The firm reiterates its Overweight rating C.R. Bard and raised its price target to $165 from $160. Note that BofA/Merrill downgraded C.R. Bard to Neutral from Buy following the Medtronic's news.
07:38 EDTMDTMedtronic data should lead to approval of drug-coated balloon, says Wells Fargo
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06:39 EDTHPQTwo HP executives arrested in Pakistan, WSJ reports
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April 5, 2014
11:24 EDTHPQHP could rise 20%, Barron's says
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April 4, 2014
17:12 EDTFBMarket finishes mixed as Nasdaq sells off into weekend
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16:30 EDTFBOn The Fly: Closing Wrap
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13:09 EDTMMPMagellan Midstream to host analyst meeting
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10:02 EDTFINLOn The Fly: Analyst Upgrade Summary
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09:36 EDTFBActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TSLA MU GNK AMZN FB GILD MA NFLX
08:02 EDTFBFacebook met with anonymous app maker Secret but didn't make offer, Re/code says
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06:20 EDTFINLFinish Line upgraded to Overweight from Equal Weight at Morgan Stanley
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06:12 EDTFBFacebook paid researchers $1.5M to fix software bugs
Facebook paid out more than $1.5M to security researchers who helped it find and fix software bugs and security vulnerabilities in its software code, the company said. The company says it has been working to grow its bug bounty program since 2011, and "We received 14,763 submissions in 2013, a 246% increase from 2012. Of these, 687 were valid and eligible to receive rewards. 6% of eligible bugs were categorized as high severity. We've paid over $2M since we got started in 2011, and in 2013 we paid out $1.5M to 330 researchers across the globe. 2014 is looking good so far. The volume of high-severity issues is down, and we're hearing from researchers that it's tougher to find good bugs." Reference Link
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