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Stock Market & Financial Investment News

News Breaks
July 1, 2014
10:01 EDTFOXA, XRX, TGI, TWX, SYMC, SHO, BSBR, MPO, MNKD, HCCI, GS, GNRC, BEN, DECK, BNPQY, URBNOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Buy from Conviction Buy at Goldman... BNP Paribas (BNPQY) downgraded to Hold from Buy at Societe Generale... Deckers Outdoor (DECK) downgraded to Neutral from Outperform at Macquarie... Franklin Resources (BEN) downgraded to Neutral from Buy at UBS... Generac (GNRC) downgraded to Neutral from Buy at BofA/Merrill... Goldman Sachs (GS) downgraded at Bernstein... Heritage-Crystal Clean (HCCI) downgraded to Neutral from Outperform at RW Baird... MannKind (MNKD) downgraded to Hold from Buy at MLV & Co.... Midstates Petroleum (MPO) downgraded to Market Perform from Outperform at Northland... Santander Brasil (BSBR) downgraded to Neutral from Outperform at Credit Suisse... Sunstone Hotel (SHO) downgraded to Market Perform from Outperform at Wells Fargo... Symantec (SYMC) downgraded at BMO Capital... Time Warner (TWX) downgraded to Neutral from Buy at Goldman... Triumph Group (TGI) downgraded at RBC Capital... Urban Outfitters (URBN) downgraded at Wedbush... Xerox (XRX) downgraded to Neutral from Buy at Citigroup.
News For FOXA;BNPQY;DECK;BEN;GNRC;GS;HCCI;MNKD;MPO;BSBR;SHO;SYMC;TWX;TGI;XRX;URBN From The Last 14 Days
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October 13, 2014
06:44 EDTGSRegulators seeking banks' auto loan data, Reuters reports
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06:37 EDTGSBlackRock, Morgan Stanley to buy shares in Link Net, WSJ reports
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October 12, 2014
17:34 EDTSYMCJPMorgan to double spending on cybersecurity over next five years, WSJ says
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15:54 EDTFOXA21st Century Fox's 'Gone Girl' wins at box office with $26.8M, Bloomberg says
21st Century Fox's (FOX, FOXA) “Gone Girl” took first place at the box office this weekend taking in $26.8M, says Bloomberg. "Dracula Untold,” from Comcast's (CMCSA) Universal Pictures came in second this weekend taking in $23.5M, added Bloomberg. Reference Link
13:03 EDTGSBanks agree on derivatives procedures for future crisis scenario, WSJ says
Meeting at the Federal Reserve in Washington, top banking executives from 18 large U.S., European and Japanese banks agreed in principle to wait up to 48 hours before seeking to terminate derivatives contracts and collect associated payments from a troubled financial institution, says the Wall Street Journal. Publicly traded companies in the space include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
October 10, 2014
17:14 EDTSYMCMarket ends week lower amid global growth worries
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13:17 EDTFOXANielsen to restate some TV rating due to software glitch, Variety reports
Nielsen (NLSN) acknowledged it uncovered a software error on October 6 that had resulted in TV ratings being allocated incorrectly among broadcast and syndication programming since March 2 and that it would restate the ratings accordingly to fix the errors, reported Variety. The company said 98% to 99% of ratings would not be affected by more than .05 of a ratings point and a person familiar with the situation said some TV networks have an expectation that some of their new fall programming will see a very slight uplift due to the restatement, the report noted. The big four broadcast networks are operated by CBS (CBS), Comcast (CMCSA), Disney (DIS) and 21st Century Fox (FOXA). Reference Link
10:18 EDTBNPQYBNP Paribas management to meet with JPMorgan
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10:01 EDTSYMCOn The Fly: Analyst Upgrade Summary
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09:08 EDTSYMCSymantec upgraded at Raymond James
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08:17 EDTSYMCSymantec split unlikely to create shareholder value, says Pacific Crest
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08:05 EDTFOXA21st Century Fox, Apollo Global agree to form content joint venture
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08:03 EDTFOXA21st Century Fox, Apollo Global form content joint venture
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07:51 EDTSYMCSymantec may face heightened execution risk, says Wells Fargo
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07:42 EDTSYMCSymantec upgraded to Outperform from Market Perform at Raymond James
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07:21 EDTSYMCSymantec price target raised to $30 from $27 at JMP Securities
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07:04 EDTTWXAmazon in talks to join digital locker for movies. WSJ reports
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06:48 EDTSYMCSymantec volatility low into announcing plans to separate into two companies
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06:42 EDTTWX, FOXATime Warner CEO to be questioned on growth plans, NY Post reports
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05:18 EDTTWXTime Warner to host investor meeting
Investor meeting to be held on October 15 at 9:30 am. Webcast Link
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