News Breaks |
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| November 29, 2012 |
| 07:57 EDT |  | GE, MMM, DOW, AKZOY, MT, DD, TX, LYB, SI, EMN | EU groups warn on rising gap in energy costs with U.S. rivals, FT says
Two leading European business groups, Orgalime and Ceemet, say the EU’s focus on driving renewable energy use has led to sharp increases in energy costs in Europe, while the U.S. has benefited from the shale gas revolution, driving a growing gap in energy costs that endangers all EU industries, according to Financial Times. Reference Link |
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News For DOW;SI;DD;MMM;LYB;MT;GE;TX;AKZOY;EMN From The Last 14 Days Check below for free stories on DOW;SI;DD;MMM;LYB;MT;GE;TX;AKZOY;EMN the last two weeks. |
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| May 24, 2013 |
| 09:42 EDT |  | DOW | Dow Chemical deploying K-Dow award to reduce debt
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| 09:35 EDT |  | MT | Steel price increase unlikely to stick, says Credit Suisse
After steel companies AK Steel (AKS), US Steel (X) and ArcelorMittal (MT) announced price increases, Credit Suisse thinks the full price hike is unlikely to stick. The firm believes that the sector's fundamentals suggest that steel stocks are likely to remain range bound this summer. However, the firm predicts that stronger demand trends are likely to drive steel stocks higher in the early fall. |
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| 06:05 EDT | | SI | FDA targets IPhone urinalysis app, Bloomberg reports
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| May 23, 2013 |
| 10:17 EDT | | SI | Nokia Siemens Networks, Intel sign collaboration MoU
Nokia Siemens Networks (NOK, SI) and Intel (INTC) announced they signed a Memorandum of Understanding to collaborate around the development of Liquid Applications, an approach to accelerate the delivery of media-rich services and content directly from the base station. The intent of the collaboration is to accelerate development of an enhanced mobile broadband experience that gives operators new revenue and differentiation opportunities. Nokia Siemens Networks and Intel will collaborate in the creation of a mobile edge computing ecosystem, focusing on over-the-top content providers, independent software vendors and application service providers. The parties will also explore new business models between mobile operators and other ecosystem players, they said. |
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| 10:08 EDT |  | DD | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Blue Nile (NILE) downgraded to Sector Perform from Outperform at RBC Capital... Devon Energy (DVN) downgraded to Neutral from Overweight at JPMorgan... Fabrinet (FN) downgraded to Hold from Buy at Deutsche Bank... Flextronics (FLEX) downgraded to Hold from Buy at Deutsche Bank... Patterson-UTI Energy (PTEN) downgraded to Sell from Neutral at Goldman... Prosperity Bancshares (PB) downgraded to Market Perform at BMO Capital... Realty Income (O) downgraded to Sell from Neutral at Goldman... ReneSola (SOL) downgraded to Underperform from Neutral at Credit Suisse... Sanmina (SANM) downgraded to Sell from Hold at Deutsche Bank... Multiband (MBND) downgraded to Market Perform from Outperform at Northland Securities... DuPont (DD) downgraded to Sell from Hold at BGC Partners... Bank of the Ozarks (OZRK) downgraded to Neutral from Buy at Sterne Agee... Comerica (CMA) downgraded to Negative from Neutral at Susquehanna. |
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| 08:39 EDT | | DD | DuPont downgraded to Sell from Hold at BGC Partners
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| 06:07 EDT | | GE | Bank of Ayudhya denies report of Mitsubishi UFJ offer for GE stake, Reuters says
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| May 22, 2013 |
| 16:05 EDT | | LYB | LyondellBasell announces 10% share repurchase program, raises interim dividend
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| 14:48 EDT | | GE | General Electric considering IPO for some parts finance unit, Bloomberg says
General Electric CEO Jeffrey Immelt said the company is considering an IPO for some parts of its finance unit, reports Bloomberg, citing comments from Immelt. Reference Link |
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| 11:31 EDT | | GE | General Electric reaffirms 2013 operating framework
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| 10:26 EDT | | DOW | Dow CFO says priority for cash use is deleveraging, not M&A
Comment made at the Goldman Sachs Basic Materials Conference. |
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| 07:24 EDT |  | GE | Electrical Products Group to host a conference
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| May 21, 2013 |
| 10:33 EDT | | GE | Boeing confirms completion of 747-8 test flight
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| 08:44 EDT | | GE | Regulators to soon vote on non-banks, WSJ reports
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| 07:28 EDT | | LYB | Goldman to host a conference
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| 07:26 EDT | | LYB | Barclays to host a conference
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| May 20, 2013 |
| 08:04 EDT | | EMN, LYB, DOW, DD | BofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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| 07:32 EDT | | MMM | Society for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24. |
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| 07:05 EDT |  | GE | General Electric volatility flat into plans to return $18B to holders
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| 06:31 EDT | | GE | GE Capital board plans to pay $6.5B of dividends to parent GE in 2013
GE announced that the board of GE Capital Corporation, or GECC, had approved plans for GECC to pay $6.5Bin dividends in 2013 to GE. Earnings-dividend payments, which are subject to GECC Board and GE Board Risk Committee approvals, are planned at 30% of GECC's total 2013 earnings. GECC paid the first-quarter earnings-dividend of $447M to GE on April 19, 2013. In addition, GECC plans $4.5B in special dividends to GE in 2013, subject to the same approvals. Under its balanced capital allocation plan of investing for its long-term growth, maintaining an attractive dividend pay-out and repurchasing stock, GE plans to return $18B cash to its shareholders in 2013, including repurchase of $10B of stock. |
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