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Stock Market & Financial Investment News

News Breaks
December 5, 2012
10:00 EDTWM, PNC, DST, BOBE, PAY, DFT, TUP, AVAV, RSG, DLR, AIGOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DST Systems (DST) upgraded to Equal Weight from Underweight at Evercore... Digital Realty (DLR) upgraded to Hold from Sell at Cantor... DuPont Fabros (DFT) upgraded to Buy from Hold at Cantor... PNC Financial (PNC) upgraded to Buy from Neutral at Compass Point... Republic Services (RSG) upgraded to Conviction Buy from Buy at Goldman... VeriFone (PAY) upgraded to Buy from Neutral at UBS... Waste Management (WM) upgraded to Buy from Neutral at Goldman... AeroVironment (AVAV) upgraded to Neutral from Underperform at Sterne Agee... Bob Evans (BOBE) upgraded to Buy from Hold at KeyBanc... AIG (AIG) upgraded to Buy from Hold at Argus... Tupperware Brands (TUP) upgraded to Buy from Hold at Argus.
News For DST;DLR;DFT;PNC;RSG;PAY;WM;AVAV;BOBE;AIG;TUP From The Last 14 Days
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May 21, 2013
07:26 EDTPNCBarclays to host a conference
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07:21 EDTDSTBofA/Merrill to host a conference
2013 Services One-on-One Conference is being held in New York on May 21-22.
May 20, 2013
16:50 EDTTUPTupperware announces Americas group president resigns
Tupperware announced in a regulatory filing that effective May 18, the company's group president, Americas, Pablo Munoz, has resigned to pursue other opportunities.
13:07 EDTAIGAIG to own 9.9% of shares in PICC Property & Casualty
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07:45 EDTWM, RSGWunderlich Securities to hsot a summit
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07:38 EDTDLRStifel Nicolaus to host a conference
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07:02 EDTDLRDigital Realty contracts with uptime institute for tier III certifications
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May 17, 2013
09:33 EDTDSTAvondale Conviction List changes
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08:53 EDTAIGJPMorgan's life insurance analyst holds an analyst/industry conference call
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May 16, 2013
16:22 EDTAIGForest City, AIG form strategic equity partnership for project in Dallas
Forest City Enterprises (FCE.A, FCE.B) announced that it has closed a strategic capital partnership with AIG Global Real Estate (AIG) for the development of 3700M, a 381-unit apartment project in the West Village neighborhood of Dallas. Forest City and AIG will share ownership and fund the equity requirements for the project, which began construction in December 2012 and is expected to be completed in the third quarter of 2014.
08:33 EDTPNC, AIGBofA/Merrill's gobal financial analysts hold an analyst/industry conference call
Global Financial Institutions Analysts discuss their Global Financials Quarterly Best Ideas Report on an Analyst/Industry conference call. Relevant companies AIG, ALL, ASBC, BCH, BKU, BBT, BBD, C, CMA, EVER, FITB, FHN, FRC, FULT, HBAN, ING, KEY, MTB, PNC, RF, STI, SUSQ, SNV, HIG, USB, WFC, XL and ZION may be included on the Analyst/Industry conference call to be held on May 16 at 10 am.
May 15, 2013
17:26 EDTAIGThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
17:03 EDTAIGSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
May 14, 2013
07:31 EDTRSG, WMCredit Suisse to host a conference
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May 13, 2013
12:24 EDTDLR, DFTDuPont Fabros advances after Jefferies ups rating to Buy
Data center owner DuPont Fabros (DFT) is climbing after a Jefferies analyst upgraded the stock to Buy from Hold in a note to investors earlier today. WHAT'S NEW: DuPont Fabros' funds from operations, or FFO, should jump 22% in 2014, Jefferies analyst Omotayo Okusanya wrote. FFO is a measure of profitability used by companies that, like DuPont Fabros, are REITs, or real estate investment trusts. DuPont Fabros should benefit from two data centers that it's in the process of building, while the outlook for leases at two of its existing facilities are set to improve, Okusanya believes. Moreover, the company trades at a significantly lower valuation than its peers, even though its earnings growth is higher, reported the analyst, whose target on the stock rose to $32 from $27. TODAY'S PRICE ACTION: In early afternoon trading, DuPont Fabros rose 66c, or 2.5%, to $26.80. Another data center REIT, Digital Realty Trust (DLR), gained 1.4% to $66.40.
10:09 EDTDFT, AIGOn The Fly: Analyst Upgrade Summary
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07:19 EDTDLRJMP Securities to host a conference
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06:46 EDTDLRDigital Realty upgraded to Buy from Hold at MLV Equity
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06:23 EDTAIGAIG upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded AIG based on upside to its capital management story driven by buybacks and expanding ROE. Price target raised to $52 from $41.
05:53 EDTDFTDuPont Fabros upgraded to Buy from Hold at Jefferies
Jefferies upgraded DuPont Fabros citing valuation and raised its price target for shares to $32 from $27.
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