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Stock Market & Financial Investment News

News Breaks
November 28, 2012
10:00 EDTVNO, GDP, PES, FTNT, NBR, ETR, IAG, PTEN, HEROOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Akamai (AKAM) upgraded to Overweight from Neutral at Piper Jaffray... Entergy (ETR) upgraded to Outperform from Neutral at Macquarie... Hercules Offshore (HERO) upgraded to Buy from Hold at Deutsche Bank... IAMGOLD (IAG) upgraded to Overweight from Neutral at HSBC... Nabors Industries (NBR) upgraded to Buy from Hold at Deutsche Bank... Patterson-UTI Energy (PTEN) upgraded to Buy from Hold at Deutsche Bank... Pioneer Energy (PES) upgraded to Buy from Hold at Deutsche Bank... Vornado (VNO) upgraded to Buy from Neutral at Citigroup... Fortinet (FTNT) upgraded to Outperform from Perform at Oppenheimer... Goodrich Petroleum (GDP) upgraded to Outperform from Sector Perform at Oberia.
News For ETR;HERO;IAG;NBR;PTEN;PES;VNO;FTNT;GDP From The Last 14 Days
Check below for free stories on ETR;HERO;IAG;NBR;PTEN;PES;VNO;FTNT;GDP the last two weeks.
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May 23, 2013
10:08 EDTPTENOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Blue Nile (NILE) downgraded to Sector Perform from Outperform at RBC Capital... Devon Energy (DVN) downgraded to Neutral from Overweight at JPMorgan... Fabrinet (FN) downgraded to Hold from Buy at Deutsche Bank... Flextronics (FLEX) downgraded to Hold from Buy at Deutsche Bank... Patterson-UTI Energy (PTEN) downgraded to Sell from Neutral at Goldman... Prosperity Bancshares (PB) downgraded to Market Perform at BMO Capital... Realty Income (O) downgraded to Sell from Neutral at Goldman... ReneSola (SOL) downgraded to Underperform from Neutral at Credit Suisse... Sanmina (SANM) downgraded to Sell from Hold at Deutsche Bank... Multiband (MBND) downgraded to Market Perform from Outperform at Northland Securities... DuPont (DD) downgraded to Sell from Hold at BGC Partners... Bank of the Ozarks (OZRK) downgraded to Neutral from Buy at Sterne Agee... Comerica (CMA) downgraded to Negative from Neutral at Susquehanna.
07:22 EDTGDPIberia Capital Partners to host a conference
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06:05 EDTPTENPatterson-UTI Energy downgraded to Sell from Neutral at Goldman
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May 21, 2013
07:36 EDTNBRUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
May 20, 2013
12:59 EDTETRRuling on PPL may have positive read-through for other utilities, Reuters says
The Supreme Court ruled PPL (PPL) can claim $39M in U.S. foreign tax credits against a 1997 British windfall tax and other utility companies, like Entergy (ETR) and American Electric Power (AEP), are in the same position, having been hit by the windfall tax after they acquired British utility companies that were later privatized, reported Reuters. Reference Link
08:18 EDTFTNTBofA/Merrill's tech analyst to hold an analyst/industry conference call
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07:41 EDTNBRMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
07:03 EDTHEROHercules Offshore to divest majority of inland fleet for $45M
Hercules Offshore announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold stacked rigs, and related assets for cash proceeds of approximately $45M. Excluded from the Inland Asset Package are the Hercules 27, for which the company has a separate agreement to sell the rig to a third party for $5M, the Hercules 52, and the Hercules 9. The company will also retain existing working capital within the Inland segment. Closing will be staggered based on the expiration dates of existing contracts on the three active rigs and is subject to the completion of certain customary closing conditions. The initial closing will include ten of the rigs and is expected in late second quarter, at which time the company will receive $35M, and closing on the final rig is expected in early third quarter 2013, at which time the company will receive the remaining balance of $10M. The company expects to record a non-cash impairment charge of approximately $40Mas a result of the sale in the second quarter 2013.
May 16, 2013
08:50 EDTIAGWorld Gold Council says gold jewelery demand up, total gold demand down in Q1
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May 15, 2013
17:18 EDTGDPBP Capital gives quarterly update on stakes
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May 14, 2013
10:45 EDTNBRGoldman's oil/energy analyst holds an analyst/industry conference call
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