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Stock Market & Financial Investment News

News Breaks
February 14, 2014
12:42 EDTGM, PCOM, LEN, BSX, SD, TMUS, EBAY, RIG, KKR, CIM, ESRX, UAL, ATML, PENN, MET, CZR, S, ETFC, WYLeon 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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February 17, 2015
17:13 EDTGMPoint72 gives quarterly update on stakes
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17:06 EDTEBAYIcahn gives quarterly update on stakes, takes new stake in Manitowoc
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17:02 EDTUALSoros Fund Management gives quarterly update on stakes
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16:29 EDTBSX Boston Scientific announces settltement of merger agreement lawsuit
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16:28 EDTSDSandRidge Energy appoints Steve Turk as COO
SandRidge Energy announced the appointment of Steve Turk to the role of Executive Vice President and COO effective March 2. Turk comes to SandRidge with more than 30 years of experience in the exploration and production industry, at both private and publicly held companies, including having most recently served as COO at HighMount Exploration & Production.
16:22 EDTRIGOn The Fly: Closing Wrap
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16:00 EDTRIGOptions Update; February 17, 2015
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13:18 EDTS, UALOmega Advisors gives quarterly update on stakes
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12:50 EDTRIGOn The Fly: Midday Wrap
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10:06 EDTRIGTransocean falls after cutting dividend, CEO departure, levels to watch
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07:24 EDTUALExecutives' Club of Chicago to hold a breakfast meeting
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06:59 EDTRIGTransocean price target lowered to $6 from $16 at Deutsche Bank
Deutsche Bank lowered its price target for Transocean shares to $6 after the company announced an 80% dividend reduction and the departure of its CEO. Deutsche says reducing the dividend frees up about $800M per year and that the move will likely be viewed positively since an elimination was a potential outcome. The firm, however, expects the company's free cash flow to remain negative for the "foreseeable future" and reiterates a Sell rating on the stock. Shares of the offshore driller are trading up 55c to $19.60 in pre-market trading.
06:57 EDTGMGM in court Tuesday over bankruptcy shield, WSJ says
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06:15 EDTTMUSCiti sees three options for DISH, including sale to Verizon
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05:58 EDTGMGeneral Motors recalls 81,000 Malibus, Pontiacs due to power steering issue
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February 16, 2015
15:17 EDTRIGTransocean slashes dividend to 60c from $3.00, says CEO leaving
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14:25 EDTRIGTransocean to lower annual dividend to 60c per share
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12:50 EDTGMGM claims for ignition switch defects rises to 4,312, Reuters says
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10:29 EDTRIGTransocean announces departure of CEO Steven Newman
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February 15, 2015
14:18 EDTGMGM recalls 69,633 U.S. vehicles on concerns about their electric power steering
General Motors is recalling certain model year 2006-2007 Chevrolet Malibu and Malibu Maxx vehicles manufactured April 1, 2006, to June 30, 2006, and 2006-2007 Pontiac G6 vehicles manufactured April 18, 2006, to June 30, 2006. In the affected vehicles, there may be a sudden loss of electric power steering, EPS, assist that could occur at any time while driving. Reference Link
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