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Stock Market & Financial Investment News

News Breaks
May 12, 2012
11:56 EDTFCX, DD, NEM, MOS, DOWChina announces cut in banks' reserve requirement ratio, Reuters says
China's central bank cut the amount of cash that banks must hold as reserves, banks' reserve requirement ratio, by 50 basis points, freeing up approximately $63.5B to help fend off a slowdown, says Reuters. Reference Link
News For FCX;DD;NEM;MOS;DOW From The Last 14 Days
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May 24, 2013
09:42 EDTDOWDow Chemical deploying K-Dow award to reduce debt
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May 23, 2013
10:08 EDTDDOn 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.
08:39 EDTDDDuPont downgraded to Sell from Hold at BGC Partners
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May 22, 2013
17:21 EDTFCXDomino's Pizza to replace Plains Exploration in S&P MidCap 400 as of May 30
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10:26 EDTDOWDow CFO says priority for cash use is deleveraging, not M&A
Comment made at the Goldman Sachs Basic Materials Conference.
May 21, 2013
08:28 EDTFCXPlains Exploration announces special $3.00 dividend
The dividend is payable to stockholders as of May 30. The dividend is conditioned upon and will be paid immediately prior to or upon the competition of PXP's merger with Freeport-McMoRan (FCX). The merger is expected to close on May 31, subject to the satisfaction of all conditions to closing.
07:55 EDTFCXFreeport McMoRan revised offer should secure merger vote, says Cowen
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07:00 EDTFCXFreeport McMoRan added to short-term buy list at Deutsche Bank
May 20, 2013
14:15 EDTFCXPlains shareholders approve Freeport-McMoRan acquisition
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09:42 EDTFCXPaulson & Co. issues statement regarding Freeport-Plains merger
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08:04 EDTDOW, DDBofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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07:41 EDTFCXFreeport says to declare $1.00/share supplemental dividend after Plains deal
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07:41 EDTFCXFreeport says plans $1.5B in assets sales after Plains, McMoRan transactions
07:40 EDTFCXFreeport says to declare $1.00/share supplemental dividend after Plains deal
07:35 EDTFCXPlains Exploration declares special $3.00 per share dividend
Plains Exploration (PXP) announced that it has received the approval of Freeport-McMoRan Copper & Gold (FCX) under the merger agreement between the companies for PXP's Board of Directors to declare a special one-time cash dividend of $3.00 per share. Upon receipt of bank waivers under a credit facility that will terminate in connection with the merger, PXP's Board of Directors intends to declare the dividend to PXP stockholders as of May 30, the expected dividend record date. The dividend will be conditioned upon and paid immediately prior to the completion of PXP's merger with Freeport-McMoRan Copper & Gold.
May 19, 2013
13:37 EDTFCXDeath toll mounts at Freeport's Grasberg mine, Bloomberg reports
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May 16, 2013
08:50 EDTNEMWorld Gold Council says gold jewelery demand up, total gold demand down in Q1
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08:12 EDTFCXFreeport, Plains Exploration announce preliminary results of merger election
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08:08 EDTDOWDow Chemical's Enlist Duo Herbicide approved for use in Canada
Dow Chemical's wholly owned subsidiary Dow AgroSciences announced that Health Canada’s Pest Management Regulatory Agency has approved Enlist Duo herbicide with Colex-D Technology for use in Canada. This approval, which makes Canada the first nation to authorize this herbicide, is a milestone for the company’s Enlist Weed Control System.
06:15 EDTDOWDow ordered to pay $1.2B in urethane price-fixing case, Bloomberg reports
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