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Stock Market & Financial Investment News

News Breaks
January 29, 2013
10:02 EDTBMC, INXN, EQIX, NCR, ILMN, DLR, MGM, FTNTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Digital Realty (DLR) downgraded to Neutral from Buy at BofA/Merrill... Equinix (EQIX) downgraded to Neutral from Buy at Citigroup... Fortinet (FTNT) downgraded to Hold from Buy at Wunderlich... Illumina (ILMN) downgraded to Equal Weight from Overweight at First Analysis... InterXion (INXN) downgraded to Neutral from Buy at Citigroup... MGM Resorts (MGM) downgraded to Hold from Buy at Deutsche Bank... NCR Corp. (NCR) downgraded to Neutral from Buy at Compass Point... NYSE Euronext (NYX) downgraded to Underweight from Neutral at HSBC... Netgear (NTGR) downgraded to Sector Perform from Outperform at RBC Capital... PNC Financial (PNC) downgraded to Market Perform from Outperform at Wells Fargo... Ruby Tuesday (RT) downgraded to Neutral from Outperform at Credit Suisse... Seagate (STX) downgraded to Equal Weight from Overweight at Evercore... Unilever (UN) downgraded to Hold from Buy at Jefferies... VMware (VMW) downgraded to Buy from Conviction Buy at Goldman... Pandora (P) downgraded to Neutral from Outperform at Wedbush... BMC Software (BMC) downgraded to Neutral from Outperform at Cowen... NYSE Euronext (NYX) downgraded to Underweight from Neutral at HSBC... Stanley Black & Decker (SWK) downgraded to In-Line from Outperform at Imperial Capital... Sanofi (SNY) downgraded to Equal Weight from Overweight at Barclays.
News For DLR;EQIX;FTNT;ILMN;INXN;MGM;NCR;BMC From The Last 14 Days
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November 24, 2014
08:32 EDTDLRDigital Realty appoints A. William Stein as CEO effective immediately
Digital Realty announced that its board has appointed A. William Stein as CEO and to the board, effective immediately. Stein has been serving as interim CEO since March and has served as the company's Chief Financial Officer since July 2004, as well as its Chief Investment Officer from 2004 until April 2014.
November 20, 2014
11:05 EDTFTNTStephens hosts a conference call with Fortinet
Conference call with CEO Xie and CFO Del Matto is being held on November 21 at 2 pm.
07:19 EDTFTNTUBS to hold a conference
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November 19, 2014
13:34 EDTINXNInterXion weakness a buying opportunity, says Raymond James
Raymond Jams said InterXion is down on concerns limited partners of Baker Capitol funds will indiscriminately sell shares following today's distribution. The firm would use the weakness as a buying opportunity and said the impact of the distribution will be short lived and has been anticipated.
11:12 EDTINXNInterXion announces 2M share distribution by Baker Capital affiliates
InterXion announced that after the closing of the NYSE on November 18, Baker Capital affiliates Lamont Finance N.V. and Baker Communications Fund II L.P. requested that Interxion instruct its Transfer Agent to remove the restrictive legend on 1,998,697 Interxion shares that Lamont Finance N.V. holds and 1,303 Interxion shares that Baker Communications Fund II L.P. holds. Baker Capital has informed Interxion that it will make a pro rata distribution-in-kind of these shares to the partners of Baker Communications Fund II and to the partners of Baker Communications Fund II L.P. After this distribution, Baker Capital will hold 18,657,892 Interxion shares. Interxion stated that the distribution will not have any effect upon the total number of shares outstanding.
07:46 EDTEQIXEquinix price target raised to $240 from $225 at Oppenheimer
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06:10 EDTILMNIllumina, USAID and Broad Institute partner to combat ebola in West Africa
Illumina, the U.S. Agency for International Development and the Broad Institute of MIT and Harvard, have entered into a public-private partnership to help combat the Ebola epidemic in West Africa with aid for those on the ground who are fighting the spread of the virus. The partnership will train local and outbreak-deployed personnel to sequence viral genomes from the outbreak, and will extend surveillance operations, as well as equip facilities in West Africa with state-of-the-art genome sequencing technology.
November 18, 2014
09:34 EDTDLRDigital Realty downgraded to Equal Weight from Overweight at Morgan Stanley
07:29 EDTMGMDeutsche Bank to hold a conference
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November 17, 2014
08:01 EDTNCRNCR Corp. technology selected by Citymarket for Paraguay launch
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07:51 EDTEQIXEquinix files automatic mixed securities shelf
06:48 EDTFTNTState Department hacked, NY Times reports
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November 14, 2014
17:13 EDTMGMAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
November 13, 2014
14:05 EDTMGMNew Jersey reports Atlantic City gaming win down 4.4% to $207.23M
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08:56 EDTMGMMacau to ask for eased restrictions on RMB conversion, Macau Business Daily says
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November 12, 2014
07:22 EDTILMNAssociation of Molecular Pathology is holding annual meeting
2014 Annual Meeting of AMP is being held in National Harbor, Maryland on November 12-15.
November 11, 2014
10:00 EDTFTNTOn The Fly: Analyst Initiation Summary
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08:10 EDTEQIXEquinix and Datapipe to provide managed solutions to Amazon Web Services
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06:10 EDTFTNTFortinet initiated with a Neutral at Macquarie
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