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Stock Market & Financial Investment News

News Breaks
May 27, 2014
09:28 EDTHSH, JKS, FRO, ARO, SDRL, BCRX, PFE, AZN, PF, PPC, SPLSOn The Fly: Pre-market Movers
HIGHER: Pilgrim's Pride (PPC), up 5% after proposing to acquire Hillshire Brands (HSH) for $45.00 per share cash. Hillshire up 21% following the news, while Pinnacle Foods (PF), which has agreed to be acquired by Hillshire, is down 6.4%... BioCryst (BCRX), up 19% after announcing "positive" results from OPuS-1, a trial of BCX4161... Seadrill (SDRL), up 2.6% after signing investment and cooperation pact with Rosneft and North Atlantic... Aeropostale (ARO), up 11% after $150M financing transaction with Sycamore. LOWER: AstraZeneca (AZN), down 1.7% after downgraded at Societe Generale following Pfizer (PFE) confirming it won't bid for AstraZeneca after rejection of proposal. Pfizer shares are up 1% after the news... Staples (SPLS), down 1% after downgraded at Goldman... Frontline (FRO), down 7.4% after saying it sees weaker Q2 operational results... JinkoSolar (JKS), down 7.8% after reporting lower than expected Q1 earnings results.
News For HSH;PPC;PF;AZN;PFE;BCRX;SDRL;ARO;FRO;JKS;SPLS From The Last 14 Days
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October 20, 2014
07:46 EDTFROFrontline appoints Robert Hvide Macleod as CEO
The board of Frontline announces that Robert Hvide Macleod has been engaged as the new CEO for Frontline Management AS. Macleod is currently the managing director and owner of Highlander Tankers AS and will join Frontline on November 3. The current CEO of Frontline, Jens Martin Jensen has accepted a position where he will be in charge of the Sale & Purchase, Newbuilding and other maritime related projects of the Group.
07:22 EDTJKSSolar Energy Trade Shows to hold a conference
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07:19 EDTAZNIBC Life Sciences to hold a conference
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07:15 EDTPFEAmerican Academy of Child & Adolescent Psychiatry to hold annual meeting
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07:14 EDTAZNEuropean College of Neuropsychopharmacology to hold a conference
27th ECNP Congress is being held in Berlin, Germany on October 18-21.
07:12 EDTPFECongress of Neurological Surgeons to hold annual meeting
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07:11 EDTPFEAmerican Society for Reproductive Medicine to hold annual meeting
2014 Annual Meeting of ASRM is being held in Honolulu on October 18-22.
07:10 EDTPFEAmerican Society of Human Genetics to hold annual meeting
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05:24 EDTSDRLSeadrill downgraded to Neutral from Buy at Citigroup
October 19, 2014
16:44 EDTBCRXEbola drug discovery efforts intensify, WSJ says
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13:39 EDTBCRXCarnival cruise passenger tests negative for Ebola, Reuters says
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October 17, 2014
16:41 EDTPFEPfizer confirms FDA labeling approval for EMBEDA capsules
Pfizer announced that the FDA has approved an updated label for EMBEDA extended-release capsules, for oral use to include abuse-deterrence studies. The updated label states that EMBEDA has properties that are expected to reduce abuse via the oral and intranasal routes when crushed. However, abuse of EMBEDA by these routes is still possible. The updated label also includes data from a human abuse potential study of intravenous, or IV, morphine and naltrexone to simulate crushed EMBEDA. However, it is unknown whether the results with simulated crushed EMBEDA predict a reduction in abuse by the IV route until additional postmarketing data are available. EMBEDA is indicated for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. Pfizer expects EMBEDA will be available in the U.S. in early 2015.
16:30 EDTPFEFDA approves new labeling from Embeda extended-release capsules
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14:50 EDTBCRXBARDA asks labs to ramp up Zmapp production, Reuters says
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11:14 EDTPPCPilgrim's Pride recovers some lost ground, levels to watch
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10:43 EDTAROUrban Outfitters slumps after warning on continued retail sales weakness
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09:46 EDTBCRXSarepta soars after publication of Ebola drug candidate data
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09:07 EDTPPCProtein stock pullback on Sanderson comments overdone, says BMO Capital
BMO Capital views yesterday's decline in Sanderson Farms (SAFM), Pilgrim's Pride (PPC) and Tyson Foods (TSN) as an overreaction to Sanderson's comments regarding breast prices falling to year-ago levels for the next four months. BMO notes that breast prices always dip in the fall. Following Sanderson's investor day, BMO said it sees a greater probability of chicken margins remaining at near-record levels in 2015. It keeps an Outperform rating on the stock.
09:02 EDTJKSJinkoSolar supplied 34MW of solar modules to sPower for four projects
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07:39 EDTPPCChicken stock sell-off yesterday overdone, says JPMorgan
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