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Stock Market & Financial Investment News

News Breaks
March 6, 2013
07:08 EDTIBM, CAT, MMM, CVX, UTXDJIA rally boosted by five blue chips, WSJ reports
Five blue chip stocks have accounted for about a third of the rally in the Dow Jones Industrial Average since the financial crisis: IBM (IBM), Caterpillar (CAT), 3M (MMM), Chevron (CVX) and United Technologies (UTX) were the biggest drivers among the average's 30 components, reports the Wall Street Journal.Reference Link
News For IBM;CAT;MMM;CVX;UTX From The Last 14 Days
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August 27, 2014
09:03 EDTUTXUnited Technologies raises FY14 share repurchase view to $1.35B
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09:03 EDTUTXUnited Technologies backs FY14 EPS view $6.75-$6.85 , consensus $6.86
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08:01 EDTIBMIBM, Monitise form global go-to-market and resourcing alliance
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August 26, 2014
09:22 EDTMMM3M reaches group purchasing agreement with Premier, Inc
3M Critical & Chronic Care Solutions announces that it has reached a group purchasing agreement with health care alliance company Premier, Inc. for multiple catheter securement and stability products. In a move aimed at bringing greater economic efficiencies to Premier’s more than 100,000 health care provider members, the new agreement allows them to take advantage of special pricing and terms pre-negotiated by Premier. The purchasing contract covers products including Tegaderm CHG Chlorhexidine Gluconate I.V. Securement Dressings and Tegaderm I.V. Advanced Securement Dressings as well as the 3M PICC/ CVC Securement Device + Tegaderm I.V. Advanced Securement Dressing, a sutureless securement system.
09:07 EDTIBMIBM launches first SoftLayer data center in Australia
IBM announced that SoftLayer, an IBM company, plans to launch its first Australian data center in Melbourne in September. It will be the latest of 15 new data centers that IBM plans to open as part of a $1.2B dollar global investment to strengthen and extend its cloud services in Asia Pacific and around the world. .
08:12 EDTIBMIBM selected by Davich Optical to expand global business
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06:45 EDTCVXChevron aims for $1.5B in Canadian oil endeavor, Reuters says
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August 25, 2014
16:36 EDTCVXPacific Drilling gets firm contract extension for the Pacific Bora
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09:01 EDTMMM3M Company announces investment in Smart Energy Instruments
3M New Ventures – the corporate venture arm of 3M – announced an equity stake in Toronto-based Smart Energy Instruments, a move that will further accelerate SEI’s efforts in developing electronic chipsets with high-precision, real-time monitoring capabilities for smart grids, as well as give 3M a bigger presence in the energy sector. The investment from 3M New Ventures comes as several existing stakeholders also bolstered their equity in SEI, including Venturelink Funds, ArcTern Ventures and the Ontario Capital Growth Corp. Together, the financing round, led by 3M New Ventures, totaled $5M. Other details of the transaction were not disclosed.
August 22, 2014
07:08 EDTIBMIBM says China bank server business still alive, China Daily reports
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August 21, 2014
11:44 EDTIBMHP hits 52-week high after solid revenue growth, positive analyst commentary
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09:03 EDTIBMIBM cloud technology selected by Wespac
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09:02 EDTIBMIBM's private cloud resilence services selected by Ujjivan Financial
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09:01 EDTIBMIBM partners with Veda
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August 20, 2014
10:39 EDTCATCaterpillar data may be negative for shares in short-term, says Wells Fargo
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10:35 EDTCATCaterpillar reported world Machines sales down 9%
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08:04 EDTUTXUnited Technologies licenses technology to CGTech
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August 19, 2014
11:05 EDTIBMImperva seen as takeover candidate under new CEO
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09:09 EDTUTXUTC Aerospace Systems installs Cloud Cap Technology on Airbus Helicopters
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08:42 EDTIBMImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.
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