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Stock Market & Financial Investment News

News Breaks
November 13, 2012
05:55 EDTDOW, DOW, SEP, SEP, DNR, DNR, ECA, ECA, APOL, APOL, LNG, LNG, CS, CS, EC, EC, SLB, SLB, HAL, HALIHS Herold to host a conference
21st Annual Pacesetters Energy Conference is being held in Washington, D.C. on November 13-14.
News For HAL;SLB;EC;CS;LNG;APOL;ECA;DNR;SEP;DOW From The Last 14 Days
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May 24, 2013
10:22 EDTAPOLBoehner defends student loan bill, White House threatens veto, Politico says
GOP House Speaker John Boehner defended the student loan legislation that the House passed yesterday, according to Politico. The bill would tie student loan rates to Treasury note rates, and would cause an increase of less than two percentage points in student loan rates this year, the website stated. The White House has threatened to veto the bill, as it believes that the legislation would cause rates to jump when the economy improves, Politico stated. Student loan interest rates will double on July 1 if Congress doesn't take action.
09:42 EDTDOWDow Chemical deploying K-Dow award to reduce debt
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May 23, 2013
16:41 EDTSLBHelmerich & Payne to sell part of equity portfolio
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11:49 EDTAPOLStocks with call strike movement; NFLX APOL
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07:31 EDTHALSenate Energy & Natural Resources Committee to hold a forum
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07:28 EDTDNRUBS 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 23 at 9:05 am; not all company presentations may be webcasted. Webcast Link
06:29 EDTCSSoftware firm Luxoft files for IPO in New York, Bloomberg reports
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May 22, 2013
10:26 EDTDOWDow CFO says priority for cash use is deleveraging, not M&A
Comment made at the Goldman Sachs Basic Materials Conference.
08:14 EDTAPOLApollo Group's University of Phoenix and Cleantech Open form internship program
The Apollo Group, parent company of the University of Phoenix, and the Cleantech Open, the world’s largest cleantech accelerator, are launching a new internship program that provides University students and alumni the opportunity to work alongside senior management of the Cleantech Open to foster the next generation of entrepreneurs creating tomorrow’s clean and sustainable technologies. As the official education partner of the Cleantech Open, University of Phoenix provides clean-technology and business curriculum to semifinalists, finalists and alumni companies of the Cleantech Open.
May 21, 2013
09:33 EDTECABloomberg LINK to host a summit
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08:20 EDTLNGSenate Energy & Natural Resources Committee to hold a forum
The Committee holds a forum entitled, "Domestic Supply & Exports" which will examine estimates of domestic supply and the potential benefits or unintended consequences caused by expansion of natural gas exports. Participants include VP Vidas of ICF International (ICFI), SVP Simoes of Sempra Energy (SRE), VP Outtrim of Cheniere Energy (LNG) at the forum being held on May 21 at 10 am. Webcast Link
07:36 EDTHALUBS 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
07:12 EDTCSCredit Suisse now second largest Asia prime broker, Reuters reports
The Asian prime brokerage unit of Credit Suisse (CS) replaced Morgan Stanley (MS) as the second largest firm servicing the region's $148B hedge funds industry, according to a survey by AsiaHedge. Goldman Sachs (GS) remains Asia's top prime broker with 179 clients and total assets under management of $24.6B, reports Reuters.Reference Link
06:10 EDTCSOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: JPMorgan Chase (JPM) plans to shake-up of its board even if every director wins re-election at today’s shareholder meeting and James Dimon keeps his dual job as chairman and CEO, the Wall Street Journal reports...Mutual-fund firms are joining activist investors in getting more aggressive over demands for change in how board members are paid at U.S. companies. Activist investors have been experimenting more frequently with incentive pay packages for the board members they nominate in proxy fights, the Wall Street Journal reports...REUTERS: Specialty chemicals producer Rockwood Holdings’s (ROC) pigments businesses have attracted offers from buyout firms including Blackstone Group (BX) and Advent International, sources say, Reuters reports...The Asian prime brokerage unit of Credit Suisse (CS) replaced Morgan Stanley (MS) as the second largest firm servicing the region's $148B hedge funds industry, according to a survey by AsiaHedge. Goldman Sachs (GS) remains Asia's top prime broker with 179 clients and total assets under management of $24.6B, Reuters reports...BLOOMBERG: Bank managers in the U.S. are less likely to engage in mergers and acquisitions this year as regulators heighten scrutiny on potential deals and sellers wait for higher valuations, according to a KPMG survey, Bloomberg reports...PIMCO’s Bill Gross says the bull market for bonds may have ended last month. But investors are staying put. Four years into the biggest rally in U.S. stocks since 2000, bond mutual funds are attracting more money than their equity counterparts, Bloomberg reports.
May 20, 2013
19:32 EDTSLBSchlumberger CEO sells more than $4.67M of shares, Barron's says
Schlumberger CEO Paal Kibsgaard exercised options and sold more than 60,000 shares on May 16 for proceeds of more than $4.67M, leaving Kibsgaard with direct holdings of 40,000 shares, reports Barron's Inside Scoop. Reference Link
08:04 EDTDOWBofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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07:50 EDTCSGulf wealth funds raise private equity investments, Reuters reports
Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link
07:41 EDTLNG, HAL, SLBMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
07:37 EDTDNRBarclays to host a conference
High Yield and Syndicated Loan Conference is being held in Chicago on May 20-22.
06:56 EDTLNGCheniere Energy price target raised to $38 from $33 at Credit Suisse
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