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Stock Market & Financial Investment News

News Breaks
June 30, 2014
10:17 EDTDVN, LINEDevon Energy asset sale price beat expectations, says Wells Fargo
Wells Fargo said Devon Energy's (DVN) sale of its remaining non-core U.S. assets to LINN Energy (LINE) for $1.8B after tax beat the firm's conservative $1.1B estimate and topped the Street view that the deal would fetch $1.2B-$1.4B. Wells, which adds that the deal should be completed sooner than expected as well, keeps its Outperform rating on Devon Energy.
News For DVN;LINE From The Last 14 Days
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September 18, 2014
17:08 EDTLINEExxon Mobil continues to increase Wolfcamp Position in Permian Basin
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17:04 EDTLINELINN Energy, LinnCo announce Permian-California trade with Exxon Mobil
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07:38 EDTDVNUBS to hold a conference
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September 8, 2014
10:06 EDTLINEOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AIG (AIG) initiated with a Buy at Citigroup... Agilent (A) initiated with an Equal Weight at Morgan Stanley... Altisource Residential (RESI) initiated with a Neutral at JPMorgan... AngloGold (AU) initiated with an Overweight at JPMorgan... Arista Networks (ANET) initiated with an Outperform at FBN Securities... C1 Financial (BNK) initiated with a Buy at Wunderlich... Cherokee (CHKE) initiated with a Buy at Roth Capital... ContraFect (CFRXU) initiated with a Buy at Maxim... DRDGOLD (DRD) initiated with an Underweight at JPMorgan... Enable Midstream (ENBL) initiated with an Equal Weight at Morgan Stanley... Enservco (ENSV) initiated with an Outperform at Northland... GoPro (GPRO) initiated with an Outperform at FBN Securities... Gold Fields (GFI) initiated with an Overweight at JPMorgan... Gulfport Energy (GPOR) initiated with an Equal Weight at Morgan Stanley... Harmony Gold (HMY) initiated with a Neutral at JPMorgan... Illumina (ILMN) initiated with an Equal Weight at Morgan Stanley... LINN Energy (LINE) reinstated with an Outperform at Credit Suisse... LinnCo (LNCO) reinstated with an Outperform at Credit Suisse... Randgold (GOLD) initiated with a Neutral at JPMorgan... Rentrak (RENT) initiated with a Buy at Needham... Rice Energy (RICE) initiated with an Accumulate at KLR Group... SanDisk (SNDK) initiated with an Outperform at FBN Securities... Seadrill (SDRL) initiated with a Sell at Canaccord... Tesla (TSLA) initiated with an Outperform at FBN Securities... Thermo Fisher (TMO) initiated with an Overweight at Morgan Stanley... Waters (WAT) initiated with an Underweight at Morgan Stanley... Whiting Petroleum (WLL) initiated with an Equal Weight at Morgan Stanley.
07:31 EDTLINELINN Energy reinstated with an Outperform at Credit Suisse
Target $35.

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