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Stock Market & Financial Investment News

News Breaks
February 14, 2014
12:42 EDTGM, PCOM, RIG, MET, LEN, KKR, CZR, BSX, CIM, S, SD, ESRX, ETFC, TMUS, UAL, WY, EBAY, ATML, PENNLeon Cooperman gives quarterly update on stakes
NEW STAKES: General Motors (GM)... Atmel (ATML)... eBay (EBAY)... Weyerhaeuser (WY)... United Continental (UAL)... T-Mobile US (TMUS). INCREASED STAKES: E-Trade (ETFC)... Express Scripts (ESRX).. SandRidge Energy (SD)... Sprint (S)... Chimera Investment (CIM). DECREASED STAKES: Boston Scientific (BSX)... Caesars (CZR)... KKR & Co. (KKR)... Lennar (LEN)... Metlife (MET)... Transocean (RIG). LIQUIDATED STAKES: Polycom (PCOM)... Penn National (PENN).
News For GM;ATML;EBAY;WY;UAL;TMUS;ETFC;ESRX;SD;S;CIM;BSX;CZR;KKR;LEN;MET;RIG;PCOM;PENN From The Last 14 Days
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September 17, 2014
06:07 EDTLENLennar reports Q3 EPS 78c, consensus 67c
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05:22 EDTUALRepublic Airways acquires 50 new Embraer E175 aircraft
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05:20 EDTUALRepublic Airways to expand regional jet operations with United Airlines
Republic Airways (RJET) announced that it has reached an agreement to amend its existing Shuttle America E-Jet capacity purchase agreement, or CPA, with United Airlines (UAL) to add 50 new Embraer 76-seat E175 aircraft. The duration of each aircraft under the E-Jet CPA will be 12 years. As a part of the amendment, Shuttle and United have agreed to extend the duration of the term of the agreement for the existing 38 E170 aircraft, with new expiration dates ranging from September of 2019 through December of 2022. Republic also reached an agreement with United to amend its Q400 CPA allowing for a wind-down schedule beginning in January 2015 and ending in September 2016. Republic Airlines currently operates 31 Q400 aircraft under the Q400 CPA. Republic has entered into a sublease with Flybe Limited, a UK airline, for 24 Q400 aircraft, with deliveries to Flybe coordinated with the removal of the aircraft from United service. The remaining Q400 aircraft will be sold, leased or returned to the lessor after removing them from United service.
05:09 EDTBSXBoston Scientific receives CE Mark for Vercise DBS system
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September 16, 2014
15:14 EDTLENNotable companies reporting before tomorrow's open
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14:49 EDTLENLennar September 39 straddle priced for 4.3% move into Q3
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14:01 EDTUALUnited Airlines maintenance instructors ratify new joint labor agreement
United announced that the company's 48 maintenance instructors, represented by the International Association of Machinists & Aerospace Workers (have ratified a new joint labor agreement. United has now achieved joint collective bargaining agreements with a majority of its represented work force, including pilots, dispatchers, fleet service, passenger service, reservations and storekeeper work groups. The company is engaged in expedited negotiations with the AFA and is in mediation with the International Brotherhood of Teamsters (IBT), representing United's technicians.
13:09 EDTGMGeneral Motors to add third shift, 750 jobs at Wentzville Assembly plant
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12:19 EDTGMGM ups U.S. mid-sized pickup production, Reuters says
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08:46 EDTGMGeneral Motors concerns about Ford's new F-Series are overdone, says Goldman
Goldman believes concerns about Ford's new F-Series impact on General Motors is overdone. The analyst said investors are underestimating F-150 capacity constraints if the launch is successful, which will limit General Motors share loss.
07:58 EDTBSXBoston Scientific product still likely to get nod despite data, says Wells Fargo
Although new data presented at TCT showed that the confirmatory PREVAIL study of Boston Scientific's Watchman device missed both co-primary efficacy endpoints, Wells Fargo still thinks there is a 60%-70% chance of an FDA panel recommending approval of the device on October 8. Wells keeps an Outperform rating on the stock.
07:26 EDTGMUltima Media to hold a conference
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06:54 EDTGMGM's Opel realigns Russian operations
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06:43 EDTGMNHTSA exec knocks GM for distorted recall protocol, Reuters says
The acting administrator of the National Highway Traffic Safety Administration David Friedman said that GM placed its own reputation before customer safety when it did not quickly report and recall vehicles that are now connected to at least 19 deaths, according to Reuters, citing comments from Friedman. Friedman said that he has been meeting with top worldwide car manufactures to develop a "new normal" for safety recall protocol. Reference Link
06:42 EDTEBAYPayPal running ads against Apple Pay, Business Insider reports
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06:38 EDTGMGM Opel unit to reduce production in Russia, Reuters says
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06:37 EDTUALUnited Continental, flight attendants reach buyout agreement
United Airlines and the Association of Flight Attendants yesterday announced that United will offer its Flight Attendants an Enhanced Early Out Program, which allows participants a one-time opportunity to voluntarily separate from the company and receive a severance payment. United also announced that it is recalling all Flight Attendants who are on voluntary and involuntary furlough. United will offer lump sum payouts of up to $100,000 for Flight Attendants who apply for the early out and meet certain service and eligibility qualifications, and the company will award early outs in seniority order. United has more than 23,000 flight attendants.
06:32 EDTKKRKKR signs term sheet to provide $164.2M financing to Indian company
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06:30 EDTGMNHTSA chief calls for 'new normal' for recalls, Detroit News reports
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05:45 EDTKKRPioneer, KKR agree to Pioneer DJ share purchase
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