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Stock Market & Financial Investment News

News Breaks
February 17, 2012
10:27 EDTSJM, VLO, HFC, RP, ITRI, MHS, UPL, AIMC, ARTC, JWN, ACOR, HSP, MXWL, DELLOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Dell (DELL) downgraded to Neutral from Outperform at RW Baird...Maxwell Tech (MXWL) downgraded to Neutral from Outperform at RW Baird...Hospira (HSP) downgraded to Sell from Neutral at Citigroup...Acorda Therapeutics (ACOR) downgraded to Neutral from Buy at Citigroup...Nordstrom (JWN) downgraded to Underperform from Buy at CLSA...ArthroCare (ARTC) downgraded to Hold from Buy at Jefferies...Altra Holdings (AIMC) downgraded to Hold from Buy at Jefferies...Ultra Petroleum (UPL) downgraded to Hold from Buy at Jefferies...Medco Health (MHS) downgraded to Equal Weight from Overweight at Morgan Stanley...Itron (ITRI) downgraded to Hold from Buy at KeyBanc...RealPage (RP) downgraded to Sector Perform from Outperform at Pacific Crest...HollyFrontier (HFC) downgraded to Neutral from Buy at UBS...Valero Energy (VLO) downgraded to Neutral from Buy at UBS...J.M. Smucker (SJM) downgraded to Buy from Conviction Buy at Goldman.
News For DELL;MXWL;HSP;ACOR;JWN;ARTC;AIMC;UPL;MHS;ITRI;RP;HFC;VLO;SJM From The Last 14 Days
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September 12, 2014
10:00 EDTMXWL, ITRIOn The Fly: Analyst Initiation Summary
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September 11, 2014
18:12 EDTITRIItron initiated with a Market Perform at Cowen
Target $43.
18:10 EDTMXWLMaxwell initiated with an Outperform at Cowen
Target $12.
September 10, 2014
17:11 EDTHFC, VLOVenezuela's PDVSA seeks Citgo bids in potential $10B deal, Reuters says
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16:20 EDTHFCHollyFrontier announces $500M share buyback program
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10:29 EDTITRIItron management to meet with Needham
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06:41 EDTVLO, HFCPDVSA aims for preliminary offers for Citgo by September-end, Reuters says
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September 9, 2014
12:15 EDTHSPHospira expects 2015 to be a turnaround year for pump business
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11:57 EDTHSPHospira says it has appealed court's adverse decision relating to Precedex
The argument for appeal has been set for October 27. Comments taken from Morgan Stanley Global Healthcare Conference.
September 8, 2014
12:40 EDTHSPPar Pharmaceutical resumes shipment of generic Precedex Injection
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12:10 EDTUPLDavis Selected Advisers reports 12.6% passive stake in Ultra Petroleum
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08:47 EDTITRIItron names W. Mark Schmitz as CFO, effective immediately
Itron announced that W. Mark Schmitz has been appointed executive vice president and CFO, effective immediately. Schmitz joins Itron with 40 years of experience in finance and executive leadership roles across the manufacturing, service, retail and technology industries. He most recently served as the CFO of Alghanim Industries. Schmitz succeeds Steven Helmbrecht as Itronís CFO. Helmbrecht joined the company in 2002 and was named CFO in 2005. On April 24, 2014, Itron announced Helmbrechtís departure from the company. He will remain with Itron through December 31, 2014 to facilitate a smooth transition.
08:33 EDTHSPHospira confirms FY14 EPS view $2.30-$2.50, consensus $2.41
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September 5, 2014
10:44 EDTITRIItron selected by ERDF for Linky smart grid program in France
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September 4, 2014
13:12 EDTHSPFDA posts approval of Hospira's Milrinone Lactate
Reference Link
09:01 EDTJWNNordstrom board authorizes $1B share repurchase program
Nordstrom announced that its board of directors has authorized a repurchase program of up to $1B of the companyís outstanding common stock, through March 1, 2016. The company intends to fund the repurchase program from existing cash on hand. The actual number and timing of share repurchases, if any, will be subject to market conditions and applicable Securities and Exchange Commission rules. This program is in addition to the companyís existing repurchase program that was approved by the board in February 2013. The existing repurchase program has $323Mn outstanding as of September 3, 2014, and will expire on March 1, 2015.
07:34 EDTSJMJ.M. Smucker acquires Sahale Snacks from Palladium Equity Partners
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September 3, 2014
11:54 EDTHSPHospira talks to acquire Danone nutrition unit stall, Reuters reports
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11:36 EDTHSPHospira talks to acquire Danone nutrition unit stall, Reuters reports
07:05 EDTJWNNordstrom in talks to be early merchant partner with Apple, Bank Innovation says
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