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Stock Market & Financial Investment News

News Breaks
February 5, 2013
05:55 EDTWYN, WYN, TWX, TWX, MSG, MSG, RL, RL, MRO, MRO, ICE, ICE, CVS, CVS, CMI, CMI, CVH, CVH, GAS, GASCompanies reporting Before the Market Open on Wednesday, February 6
Notable companies reporting before the opening bell on Wednesday include AGL Resources (GAS), Coventry Health Care (CVH), Cummins (CMI), CVS Caremark (CVS), IntercontinentalExchange (ICE), Marathon Oil (MRO), Ralph Lauren (RL), Madison Square Garden (MSG), Time Warner (TWX), and Wyndham Worldwide (WYN).
News For GAS;CVH;CMI;CVS;ICE;MRO;RL;MSG;TWX;WYN From The Last 14 Days
Check below for free stories on GAS;CVH;CMI;CVS;ICE;MRO;RL;MSG;TWX;WYN the last two weeks.
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May 23, 2013
08:44 EDTMROMarathon Oil provides divestiture update
As previously announced, Marathon Oil had engaged in discussions with respect to a potential sale of a portion of the company's 20% outside-operated interest in the Athabasca Oil Sands Project, or AOSP, in Alberta, Canada. An agreement was not reached with the prospective purchaser and negotiations have been terminated. Marathon Oil is not engaged in further discussions with respect to a potential sale of these assets; however, the Company will continue to evaluate ways to optimize its portfolio for profitable growth and to deliver value to shareholders. As such, the Company's stated goal of divesting between $1.5B-$3B in assets over the period of 2011 through 2013 remains intact. As of May 22, Marathon Oil has agreed upon or closed on approximately $1.3B in divestitures.
08:08 EDTRLRalph Lauren sees Q1 revenue up low-single-digit percentage, consensus $1.73B
Sees Q1 consolidated net revenues to increase by a low-single-digit percentage, including a 150 basis point net negative impact from foreign currency translation. Wholesale sales are expected to grow slightly faster than retail sales due to the transition of certain formerly licensed merchandise categories to directly controlled operations. Operating margin for Q1 is expected to be approximately 200-250 basis points below the comparable prior year.
08:07 EDTRLRalph Lauren sees FY14 revenues up 4%-7%, consensus $7.63B
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08:03 EDTRLRalph Lauren reports Q4 EPS ex-items $1.41, consensus $1.30
Reports Q4 revenue $1.64B, consensus $1.7B. Says Consolidated comparable store sales rose 3% on a reported basis and were up 4% in constant currency during Q4.
06:47 EDTWYNWyndham initiated with a Buy at Stifel
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May 22, 2013
15:25 EDTRLNotable companies reporting before tomorrow's open
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08:21 EDTICEIntercontinentalExchange Futures Europe reaches daily volume of 9,075 contracts
IntercontinentalExchange announced that ICE Futures Europe reached a daily volume record of 9,075 contracts in ICE Coal options on May 21. The previous volume record was 7,200 contracts on December 4, 2012. Volume for ICE Coal futures and options also reached a combined record of 17,641 contracts on May 21, 2013, compared with the previous combined record of 15,590 on March 28.
May 21, 2013
19:57 EDTCMICummins shares still attractive, Barron's says
Cummins' engines account for 40% of the heavy-duty trucks produced in North America, and though shares of the company have gained 35% since Barron's first highlighted the company in 2011, at 12 times forward earnings, shares of Cummins still look attractive, says Barron's Inside Scoop. Reference Link
10:00 EDTICEOn The Fly: Analyst Upgrade Summary
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09:40 EDTICEHouse Agriculture Committee holds a hearing
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07:36 EDTMROUBS 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
07:08 EDTRLPolo Ralph Lauren volatility flat, shares at record high into Q4
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06:00 EDTICEIntercontinentalExchange upgraded to Outperform from Neutral at Macquarie
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May 20, 2013
07:41 EDTMROMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
07:40 EDTGASAGL Resources downgraded to Hold from Buy at Argus
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May 16, 2013
09:09 EDTTWXCC Media, CW announce broadcast agreement for iHeartRadio events
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07:24 EDTWYNSunTrust to host a conference
2013 Vacation Ownership & Exchange Conference is being held in New York on May 16.
May 15, 2013
17:47 EDTTWXWarner Bros. TV executive Rosenblum to leave, WSJ reports
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17:30 EDTCVSRelational Investors gives quarterly update on stakes
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17:18 EDTMROBP Capital gives quarterly update on stakes
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