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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
Check below for free stories on DUK;GS;HRZN;SPRD;CTRP;YOKU;CUB;MEMP;CRZO the last two weeks.
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May 14, 2013
07:59 EDTGSGlass Lewis: Investors should oppose Goldman Sachs pay plan, Bloomberg reports
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07:28 EDTHRZNUBS to host a conference
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06:01 EDTGSGoldman looking to lessen reliance on Bloomberg, NY Post reports
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May 13, 2013
18:56 EDTCUBOn The Fly: After Hours Movers
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16:01 EDTCUBCubic files to sell 2.4M shares of common stock
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15:04 EDTGSFed says large banks must submit midyear stress tests on July 5
Eighteen large U.S. bank holding companies are required to submit the results of their company-run, midyear stress tests to the Federal Reserve on July 5, the Federal Reserve said. The Dodd-Frank Wall Street Reform and Consumer Protection Act required that large bank holding companies and non-bank financial institutions that are designated for Federal Reserve supervision by the Financial Stability Oversight Council conduct two stress tests each year. In the midyear test, which is being conducted for the first time in 2013, each firm develops its own baseline, adverse, and severely adverse scenarios to best reflect its individual operations and risks. Each firm in the midyear test is required to release the results produced under its severely adverse scenario, helping promote market discipline and understanding of the financial conditions and risks of individual firms, between September 15 and September 30, the Fed added.
10:09 EDTCTRPOn The Fly: Analyst Downgrade Summary
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07:39 EDTDUKDeutsche Bank to host a conference
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06:28 EDTYOKUYouku.com May volatility elevated at 112 into Q1
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06:00 EDTCTRPCtrip.com downgraded to Neutral from Buy at Goldman
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May 10, 2013
14:20 EDTYOKUYouku.com May volatility elevated at 88 into Q1
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May 9, 2013
11:36 EDTSPRDSpreadtrum management to meet with Oppenheimer
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10:08 EDTCTRPOn The Fly: Analyst Upgrade Summary
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09:54 EDTCTRPCtrip.com gaps up sharply following earnings beat, levels to watch
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09:00 EDTCTRPCtrip.com rises 17%
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08:37 EDTCTRPCtrip.com price target raised to $34 from $25 at Brean Capital
Brean Capital raised its price target on Ctrip.com following better than expected Q4 results. The firm believes it is an attractive name for investors looking to be involved in secular leisure and online travel growth in China. Shares are Buy rated.
08:14 EDTCTRPCtrip.com upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill upgraded Ctrip followign the better than expected Q1 report.
08:13 EDTCTRPCtrip.com upgraded to Overweight from Equal Weight at Morgan Stanley
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08:09 EDTGSJPMorgan, Bank of America had perfect trading records in Q1, Bloomberg reports
JPMorgan Chase (JPM) and Bank of America (BAC) had perfect trading records in the first quarter, making money every day of the period as Morgan Stanley (MS) posted losses in eight sessions and Goldman Sachs (GS) in two, reports Bloomberg. One daily gain at JPMorgan was over $200M as the bank recovered from last year’s London Whale derivatives loss, the company said in a regulatory filing. Reference Link
08:05 EDTCTRPCtrip.com upgraded to Buy from Outperform at CLSA
CLSA upgraded Ctrip.com due to the strong Q1 report, top line growth, and higher operating leverage. Price target is $31.
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