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Stock Market & Financial Investment News

News Breaks
June 23, 2014
11:46 EDTGRFSGrifols shares off lows, remain down over 2%
Shares of Barcelona-based healthcare company Grifols remain lower in midday trading, but are well off their lows of the day. The Foreign Corrupt Practices Act blog last Thursday wrote about the company's recent disclosure of ongoing corruption investigations across Europe and in South America and Asia. Grifols stated in an April 4 regulatory filing, "We are continuing an internal investigation into potential violations of the FCPA by Talecris relating to events prior to the Talecris acquisition. The FCPA investigation is being conducted by outside counsel under the direction of the Board. In July 2009, Talecris voluntarily contacted the DOJ to advise it that it was conducting an internal investigation into potential violations of the FCPA. The investigation into possible improper payments to individuals and entities made after Talecris’ formation initially focused on payments made in connection with sales in certain Eastern European and Middle Eastern countries, primarily Belarus, Russia and Iran, but we are also reviewing sales practices in Brazil, Bulgaria, China, Georgia, Libya, Poland, Turkey, Ukraine and other countries as deemed appropriate." Shares of Grifols are down $1.12, or 3%, to $43.70 in midday trading. Reference Link
News For GRFS From The Last 14 Days
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February 9, 2016
10:00 EDTGRFSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ArcelorMittal (MT) upgraded to Neutral from Sell at Goldman... Electronic Arts (EA) upgraded to Buy from Neutral at Hilliard Lyons... First Interstate (FIBK) upgraded to Outperform from Market Perform at Fig Partners... Flagstar Bancorp (FBC) upgraded to Buy from Hold at Sandler O'Neill... Frontline (FRO) upgraded to Buy from Neutral at Clarksons Platou... Grifols (GRFS) upgraded to Buy from Hold at Berenberg... Grupo Financiero (GGAL) upgraded to Neutral from Underweight at JPMorgan... Kinross Gold (KGC) upgraded to Outperform from Neutral at Credit Suisse... Luxottica (LUX) upgraded to Hold from Underperform at Jefferies... PrivateBancorp (PVTB) upgraded on growth outlook at SunTrust... SS&C (SSNC) upgraded to Outperform from Market Perform at Raymond James... Salesforce (CRM) upgraded to Hold from Underperform at Jefferies... TCF Financial (TCB) upgraded to Neutral from Sell at Compass Point... TreeHouse (THS) upgraded to Overweight from Neutral at JPMorgan... WPX Energy (WPX) upgraded to Overweight from Equalweight at Capital One... Yelp (YELP) upgraded to Neutral from Sell at B. Riley.
09:33 EDTGRFSGrifols upgraded to Buy from Hold at Berenberg
February 4, 2016
12:22 EDTGRFSZika opportunity could add 6c-12c to Hologic EPS, says Piper Jaffray
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