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Stock Market & Financial Investment News

News Breaks
March 22, 2013
10:44 EDTAVEO, EGO, SGI, STO, LAMRHigh option volume stocks: EGO LAMR SGI AVEO STO
News For EGO;LAMR;SGI;AVEO;STO From The Last 14 Days
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February 26, 2015
11:10 EDTLAMRLamar Advertising lowers dividend to 68c, keeps annual rate of $2.75
Lamar Advertising announces that its board has declared a quarterly cash dividend of 68c per share payable on March 31, to stockholders of record on March 17. Lamar expects aggregate quarterly distributions to stockholders in 2015 will total $2.75 per common share. The dividend is below the 84c the company paid last quarter. However, the annual rate of $2.75 is the same amount Lamar guided to in December 2014 for 2015.
10:00 EDTLAMROn The Fly: Analyst Downgrade SummaryStarz
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10:00 EDTEGOOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ASUR Airports (ASR) upgraded to Sector Perform from Underperform at Scotia Capital... AcelRx (ACRX) upgraded to Buy from Neutral at Mizuho... AllianceBernstein (AB) upgraded to Buy from Neutral at BofA/Merrill... American Express (AXP) upgraded to Buy from Hold at Deutsche Bank... Argus upgraded Sonoco (SON) on multiple positive catalysts... Columbia Property (CXP) upgraded to Neutral from Sell at Goldman... Deutsche sees American Express (AXP) as undervalued, upgrades to Buy... Eldorado Gold (EGO) upgraded to Neutral from Sell at Goldman... Genesee & Wyoming (GWR) upgraded to Buy from Neutral at BofA/Merrill... Gruma (GMK) upgraded to Overweight from Equal Weight at Barclays... Isle of Capri (ISLE) upgraded to Outperform from Neutral at Macquarie... JAKKS Pacific (JAKK) upgraded at B. Riley... QTS Realty Trust (QTS) upgraded to Buy from Hold at Deutsche Bank... Sonoco (SON) upgraded to Buy from Hold at Argus... T-Mobile (TMUS) upgraded to Buy from Neutral at Citigroup... Vulcan Materials (VMC) upgraded at RBC Capital.
07:54 EDTEGOEldorado Gold upgraded to Neutral from Sell at Goldman
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06:17 EDTLAMRLamar Advertising downgraded to Neutral from Buy at Citigroup
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February 25, 2015
06:14 EDTLAMRLamar Advertising sees FY15 adjusted FFO $4.34-$4.45
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06:14 EDTLAMRLamar Advertising reports Q4 EPS $2.18, adjusted FFO $1.23
Reports Q4 revenue $336.7M, consensus $325.83M.
February 24, 2015
07:19 EDTSGISusquehanna to hold a summit
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February 20, 2015
10:53 EDTSGISilicon Graphics management to meet with Needham
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07:31 EDTEGOEldorado Gold shares likely to outperform peers today, says RBC Capital
RBC Capital expects Eldorado's stock to outperform peers at the open today, as the firm believes that the guidance which the company provided for its Kisladag mine is likely to help ease investor concerns about the asset. The firm keeps an Outperform rating on the shares.
February 19, 2015
17:46 EDTEGOEldorado Gold reports Q4 EPS 2c, consensus 4c
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February 13, 2015
06:23 EDTSTOStatoil, partners to submit plans for Johan Sverdrup development
Statoil and its partners will submit the plan for development and operation for Johan Sverdrup, phase one, to the Norwegian Ministry of Petroleum and Energy. The capital expenditures for phase one are estimated at NOK 117B and the expected recoverable resources are projected at between 1.4-2.4 billion barrels of oil equivalent. For the full field development, capital expenditures are estimated at some NOK 170-220B with recoverable resources of between 1.7-3.0 billion barrels of oil equivalent. The Johan Sverdrup oil field is planned to be developed in several phases, Phase one consists of four bridge-linked platforms, in addition to three subsea water injection templates. The ambition is a recovery rate of 70%, with advanced technology for increased oil recovery in future phases taken into account. The development in phase one has a production capacity in the range of 315,000-380,000 barrels per day. First oil is planned for late 2019. The partnership, consisting of Statoil, Lundin Norway, Petoro, Det norske oljeselskap and Maersk Oil, has recommended Statoil as the operator for all phases of the field development and operation. The majority of the partnership has asked the Norwegian Ministry of Petroleum and Energy to determine the final allocation of resources in Johan Sverdrup, based on the following proposal: Statoil 40.0267%, Lundin Norway 22.12%, Petoro 17.84%, Det norske oljeselskap 11.8933% and Maersk Oil 8.12%. The majority’s proposal for the allocation of resources is valid until the Norwegian Ministry of Petroleum and Energy decides the final allocation. In addition to the PDO the project will also submit two plans for installation and operation for pipeline transportation and the development of power from shore solution.

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