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Stock Market & Financial Investment News

News Breaks
May 14, 2014
10:11 EDTDCIX, TNK, SQM, SBGL, GOLD, NVO, NMR, NIHD, RDY, WAGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Diana Containerships (DCIX) downgraded to Neutral from Buy at Euro Pacific Capital... Dr. Reddy's Labs (RDY) downgraded to Underperform from Buy at BofA/Merrill... NII Holdings (NIHD) downgraded to Sell from Hold at Gabelli... Nomura (NMR) downgraded to Neutral from Outperform at Credit Suisse... Novo Nordisk (NVO) downgraded to Neutral from Buy at UBS... Randgold Resources (GOLD) downgraded to Neutral from Overweight at JPMorgan... Sibanye Gold (SBGL) downgraded to Neutral from Overweight at JPMorgan... Sociedad Quimica (SQM) downgraded to Underperform from Neutral at Credit Suisse... Teekay Tankers (TNK) downgraded at BofA/Merrill... Walgreens (WAG) downgraded to Market Perform from Outperform at Cowen.
News For DCIX;RDY;NIHD;NMR;NVO;GOLD;SBGL;SQM;TNK;WAG From The Last 14 Days
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October 22, 2014
07:35 EDTNVOCardiometabolic Health Congress to hold annual meeting
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06:06 EDTWAGWalgreen wants to seal part of defamation lawsuit, Crain's reports
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October 21, 2014
14:13 EDTWAGCtW Investment urges Walgreen board to form investigative panel, WSJ reports
CtW Investment is urging Walgreen's board to form an investigative panel to look into allegations raised by former CFO Wade Miquelon in a defamation lawsuit, The Wall Street Journal reports. Reference Link
10:29 EDTWAGWalgreen spikes higher, levels to watch
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10:22 EDTWAGWalgreen calls active on activist investor speculation
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10:15 EDTWAGRumor: Walgreen moves up on activist investor speculation
Shares of Walgreen are moving higher amid speculation Carl Icahn has taken a stake in the company.
08:03 EDTWAGCVS offering drug plan with higher co-pay at stores selling tobacco, WSJ says
CVS Health (CVS), which stopped selling tobacco products last month, is now offering a prescription-drug plan via its pharmacy benefits unit Caremark that charges patients copayments that are up to $15 higher on prescriptions filled where tobacco is sold, which includes at rival pharmacies operated by Walgreen (WAG) and Rite-Aid (RAD), reported The Wall Street Journal. Reference Link
October 20, 2014
11:06 EDTWAGWalgreen begins accepting Apple Pay in stores
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October 17, 2014
09:03 EDTWAGWalgreen venture investment head leaves after short time in post, Fortune says
Bill Wafford, who was named managing director of Walgreen’s venture capital and growth equity investment business Well Ventures just this this past January, has left the company, according to Fortune. Reference Link
08:14 EDTWAGWalgreen sued by former CFO for defamation, Reuters reports
Wade Miquelon, the former CFO of Walgreen, filed a lawsuit yesterday in state court in Chicago alleging that CEO Gregory Wasson and director Stefano Pessina, the company's biggest shareholder defamed him in news reports that blamed him for errors in its earnings forecast, Reuters reports. The Wall Street Journal reported in August that Miquelon lost his job following a $1B error in forecasting Walgreen's Medicare-related business, and later said Miquelon's error caused the company to cut its forecast in pharmacy unit earnings for the year ending August 2016. Reference Link
October 16, 2014
10:01 EDTSBGLOn The Fly: Analyst Upgrade Summary
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09:23 EDTSBGLOn The Fly: Pre-market Movers
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05:25 EDTSBGLSibanye Gold upgraded to Neutral from Sell at UBS
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October 14, 2014
11:23 EDTNVOBIND Therapeutics and The Conference Forum hold a conference
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06:03 EDTWAGWalgreen implied volatility of 27 at lower end of index mean range
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October 13, 2014
06:41 EDTWAGWalgreens to roll out Apple Pay on October 18, MacRumors reports
Walgreens (WAG) will begin rolling out Apple Pay (AAPL) on Saturday, October 18, according to a memo obtained by MacRumors. Reference Link
06:13 EDTWAGWalgreen implied volatility of 25 at lower end of index mean range
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05:23 EDTGOLDRandgold upgraded to Buy from Neutral at UBS
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October 10, 2014
08:15 EDTDCIXDiana Containerships announces delivery of m/v YM Great
Diana Containerships announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v "YM Great," a 2004-built Post-Panamax container vessel of 5,576 TEU capacity that the company entered into an agreement to purchase on August 7. As previously announced, the "YM Great" is chartered to Yang Ming, at a net charter rate of $12,000 per day. Based on the existing time charterparty and its addendum, the charterer has the option to redeliver the vessel at any time before, but not later than March 7, 2015.
06:04 EDTWAGWalgreen implied volatility of 24 at lower end of index mean range
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