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Stock Market & Financial Investment News

News Breaks
July 3, 2013
10:00 EDTFOXA, MMLP, MNK, ROL, RHI, ASGN, MAN, GMT, ECL, CTAS, CQP, CLDXOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 21st Century Fox (FOXA) initiated with a Buy at Needham... Cheniere Energy Partners (CQP) initiated with an Outperform at RBC Capital... Cintas (CTAS) initiated with an Outperform at RBC Capital... Ecolab (ECL) initiated with an Outperform at RBC Capital... GATX Corp. (GMT) initiated with an Equal Weight at Stephens... Manpower (MAN) initiated with a Sector Perform at RBC Capital... On Assignment (ASGN) initiated with an Outperform at RBC Capital... Robert Half (RHI) initiated with an Outperform at RBC Capital... Rollins (ROL) initiated with a Sector Perform at RBC Capital... Mallinckrodt (MNK) initiated with a Buy at BofA/Merrill... Martin Midstream Partners (MMLP) initiated with a Neutral at BofA/Merrill... Celldex (CLDX) initiated with a Buy at Guggenheim.
News For FOXA;CQP;CTAS;ECL;GMT;MAN;ASGN;RHI;ROL;MNK;MMLP;CLDX From The Last 14 Days
Check below for free stories on FOXA;CQP;CTAS;ECL;GMT;MAN;ASGN;RHI;ROL;MNK;MMLP;CLDX the last two weeks.
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September 2, 2014
07:47 EDTFOXA21st Century Fox risk/reward positive, says Bernstein
Bernstein believes that 21st Century Fox's stock can climb 30% if the company meets its EBITDA target of $8.1B. If the company misses the target by $300M, the stock may only drop 3%, estimated the firm, which keeps a $46 price target and Outperform rating on the shares.
August 31, 2014
13:50 EDTFOXANomura to hold a conference
Digital Media Conference 2014 to be held in New York on September 3-4.
August 29, 2014
15:46 EDTFOXADisney jv A&E in talks for Vice Media stake after Time Warner backs out, FT says
A&E Networks, a joint venture owned by Disney (DIS) and Hearst Corporation, is nearing a deal to pay $250M for 10% stake in Vice Media after the digital media company and Time Warner (TWX) failed to come to terms on a deal, said Financial Times. 21st Century Fox (FOXA) already owns a 5% stake in Vice. Reference Link
13:15 EDTFOXATime Warner ends talks to buy Vice Media stake, NYT says
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August 28, 2014
09:03 EDTMNKMallinckrodt to present data on MNK-155, XARTEMIS XR at PAINWeek
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August 26, 2014
09:35 EDTFOXANetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
August 25, 2014
14:51 EDTFOXAGray Television renews all Fox affiliation agreements
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14:50 EDTASGNOn Assignment management to meet with SunTrust
Meetings to be held on the West Coast on August 26-27 hosted by SunTrust.
10:40 EDTMNKBiotechs rise after InterMune acquired by Roche
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August 22, 2014
09:02 EDTMNKMallinckrodt names Furey Chief Compliance Officer
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August 21, 2014
15:16 EDTMNKDEA restricts painkiller drug prescriptions to curb abuse, WSJ reports
The Drug Enforcement Agency, or DEA, will reclassify hydrocodone combination painkiller drugs and place them in the category of medical substances that have the highest potential for harm in an attempt to curb the widespread abuse of the drugs, according to The Wall Street Journal. The rescheduling of the drugs will take effect in 45 days and result in people being able to obtain the drug for only 90 days without obtaining a new prescription. Major manufacturers of these drugs include Teva Pharmaceutical (TEVA), Mallinckrodt (MNK), AbbVie (ABBV), and Actavis (ACT). Reference Link
August 19, 2014
09:21 EDTMNKMallinckrodt now a component of the S&P 500 Index
The inclusion comes following the completion of Mallinckrodt’s acquisition of Questcor Pharmaceuticals last week. In addition to increasing the market capitalization of Mallinckrodt, the combination has significantly strengthened the company’s balance sheet, cash generation and leverage position.
07:50 EDTRHIRobert Half and Kforce weakness a buying opportunity, says Macquarie
Macquarie recommends using recent weakness in Robert Half (RHI) and Kforce (KFRC) related to global macro uncertainty as a buying opportunity.

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