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Stock Market & Financial Investment News

News For DUK;GS;HRZN;SPRD;CTRP;YOKU;CUB;MEMP;CRZO From The Last 14 Days
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August 20, 2015
10:00 EDTYOKUOn The Fly: Analyst Upgrade Summary
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09:20 EDTYOKUOn The Fly: Pre-market Movers
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09:11 EDTYOKUYouku Tudou upgraded to Neutral following Q2 report at Mizuho
As previously reported, Mizuho upgraded Youku Tudou to Neutral from Underperform and maintained its $18 price target. The firm upgraded shares citing the Q2 beat and expects the consumer business to diversify and drive top line growth, and improve margin.
07:20 EDTCTRPCitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
06:07 EDTGSSamsung Bioepis picks Citi, Goldman as lead managers for IPO, Reuters says
Samsung Bioepis has selected Citigroup (C) and Goldman Sachs (GS) as the lead managers for its planned listening on Nasdaq next year, a source tells Reuters. Morgan Stanley (MS) and Credit Suisse (CS) will also take part in the listing for Samsung's (SSNLF) biosimilar drug development arm, the source says. Reference Link
06:05 EDTYOKUYouku Tudou upgraded to Neutral from Underperform at Mizuho
05:36 EDTMEMPLegacy Reserves downgraded to Neutral from Buy at UBS
UBS downgraded Legacy Reserve (LGCY) to Neutral after after stress testing upstream MLPs to reflect scenarios in which oil remains depressed and recovery is limited. The firm expects MLPs that are better capitalized, well hedged and less levered to crude oil to outperform. It lowered its price target for shares to $5.50 from $14. UBS coupled the downgrade with an upgrade of Mid-Con Energy (MCEP) to Buy. Other Buy-rated upstream MLPs at the firm are Vanguard Natural (VNR), Memorial Production (MEMP) and Eagle Rock Energy (EROC). Sell-rated names are LINN Energy (LINE) and LinnCo (LNCO).
August 19, 2015
18:05 EDTYOKUYouku Tudou sees Q3 revenue RMB 1.69B-RMB 1.78B
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18:04 EDTYOKUYouku Tudou reports Q2 EPS (RMB 1.76) vs. (RMB 0.76) last year
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14:42 EDTGSBanks cooperate on data company to lower costs, WSJ says
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14:25 EDTGSCoca-Cola has option for outright purchase of Suja, Bloomberg says
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