New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 6, 2013
07:08 EDTCVX, IBM, MMM, UTX, CATDJIA 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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
January 16, 2015
10:24 EDTCVXOptions point to oil falling to near $30 per barrel, Merrill Lynch says
Subscribe for More Information
07:23 EDTCATJim Chanos says long shares of Apple
Subscribe for More Information
07:16 EDTCATCaterpillar January weekly volatility elevated into Q4 and outlook
Subscribe for More Information
07:12 EDTCATChanos says two of three Caterpillar areas 'highly troubled'
Subscribe for More Information
06:49 EDTCVXOil prices climb after IEA says production falling, Reuters reports
Oil prices rebounded today after the International Energy Agency, or IEA, said it saw signs that oil production was falling in some areas, including North America, according to Reuters. "A price recovery...may not be imminent, but signs are mounting that the tide will turn," Reuters quoted the IEA as saying. Oil prices could rebound in the second half of the year, the IEA indicated, the news service reported. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
January 15, 2015
17:06 EDTUTXUnited Technologies announce changes to aerospace leadership
United Technologies announced it will streamline its aerospace organization and leadership structure to provide greater focus on serving customers. Alain Bellemare, president and CEO of UTC Propulsion & Aerospace Systems, or PAS, has elected to leave the company at the end of the month. He will continue to serve as a consultant to UTC. As a result of Bellemare's decision and the successful integration of Goodrich Corporation, UTC is streamlining its aerospace operations by eliminating the PAS organization. Pratt & Whitney and UTC Aerospace Systems, both formerly under the PAS structure, will continue as stand-alone business units. As a result of this organizational change, Pratt & Whitney president Paul Adams will report directly to United Technologies CEO Gregory Hayes, as will Dave Gitlin, who has been promoted to president of UTC Aerospace Systems, from his former position as leader of that company's Aircraft Systems segment.
10:29 EDTUTXRockwell Collins outlook assumes zero for Learjet 85, says Wells Fargo
After Bombardier (BDRBF) announced it will 'pause' development of its all-composite Learjet-85 business jet due to weak demand, Wells Fargo points out that Rockwell Collins (COL) supplies the Learjet 85's avionics. Wells finds it unclear if Bombardier's decision will trigger any impairment for Rockwell, but notes the company already stated its FY15 revenue guidance assumes zero for Learjet 85. The firm adds United Technologies unit Pratt & Whitney Canada supplies the Learjet 85's engines while LMI Aerospace (LMIA) takes part in the plane's engineering. Wells estimates about 3% of LMI's recent sales have been tied to Learjet 85 development.
08:58 EDTIBMIBM January weekly volatility elevated at 39 into Q4 and outlook
Subscribe for More Information
January 14, 2015
08:34 EDTIBMIBM estimates lowered at BofA/Merrill
Subscribe for More Information
06:54 EDTCVXEnergy Department says oil production to rise this year, NY Times says
Subscribe for More Information
January 13, 2015
17:55 EDTIBMIBM launches the z13 mainframe after $1B investment
IBM announced the z13 mainframe system, capable of processing 2.5B transactions per day and it is the first system to make real-time encryption of all mobile transactions at any scale. z13 speeds real-time encryption of mobile transactions to help protect the transaction data and ensure response times consistent with a positive customer experience. The system includes 500 new patents including cryptographic encryption technologies that enable more security features for mobile initiated transactions. The system culminates a $1B investment and five years of development.
07:40 EDTUTXCommercial aircraft demand outlook still positive, says Bernstein
Bernstein continues to have a positive outlook on commercial aircraft demand for 2015, as the firm does not see $50 Brent oil as a negative for the sector unless the price stays below that level for the long-term. Bernstein thinks the general demand outlook for the sector is positive, and it identifies Boeing (BA) and United Technologies (UTX) as two of its favorite names in the space.
07:04 EDTIBMFederal court confirms halt to sales of chips used by SanDisk, IBM, others
Subscribe for More Information
06:33 EDTIBMTeradata set to acquire Appoxee for about $20M, WSJ reports
Teradata (TDC) will buy Appoxee, a Tel Aviv-based mobile-marketing-automation startup, for around $20M, The Wall Street Journal reports, citing two sources. Teradata rival IBM (IBM) acquired Xtify, a mobile-marketing company, in 2013. Reference Link
06:30 EDTIBMCourt order bars sales of chips used by SanDisk and IBM, WSJ reports
Subscribe for More Information
January 12, 2015
14:51 EDTCVXSaudi Prince Alwaleed says oil won't hit $100 again, USA Today reports
Oil will never reach a price of $100 per barrel again, Saudi billionaire businessman Prince Alwaleed bin Talal said, according to USA Today. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
11:51 EDTIBMIBM results seen being hurt by continued dollar strength
Subscribe for More Information
07:52 EDTIBMIBM to undertake biggest re-organization in company history, Register says
Subscribe for More Information
07:52 EDTIBMIBM price target lowered to $130 from $144 at Jefferies
Jefferies lowered its price target for IBM shares to $130 after cutting its estimates to reflect the strengthening of the dollar against almost every other major currency worldwide since the tech giant reported Q3 results. Jefferies believes consensus estimates for IBM need to come down as the company deals with enterprises increasingly allocating investments away from traditional Software and IT Outsourcing toward investments in Cloud, Mobile and and Social initiatives. The firm reiterates an Underperform rating on IBM.
07:35 EDTIBMNational Retail Federation to hold a trade show
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use