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Stock Market & Financial Investment News

News Breaks
July 7, 2014
10:29 EDTINFA, UBS, SIMO, URS, SNX, TWO, BRFS, MTL, CBSO, FTNTHigh option volume stocks:
High option volume stocks: INFA CBSO MTL BRFS TWO SNX URS SIMO UBS FTNT
News For INFA;CBSO;MTL;BRFS;TWO;SNX;URS;SIMO;UBS;FTNT From The Last 14 Days
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September 29, 2014
15:11 EDTSNXNotable companies reporting after market close
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10:46 EDTUBSUBS CFO says new group structure to prompt higher returns, Reuters says
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07:25 EDTINFAOracle to hold a conference
Open World 2014 to be held in San Francisco on September 28-October 2.
06:23 EDTUBSCitigroup, JPMorgan meet with FCA to settle forex rigging probe, WSJ reports
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06:08 EDTUBSUBS launches share-for-share exchange offer to establish group holding company
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September 26, 2014
06:39 EDTFTNTMost connected devices have security flaw, NY Times says
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September 24, 2014
09:59 EDTSNXOn The Fly: Analyst Upgrade Summary
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08:04 EDTSNXSYNNEX upgraded at Raymond James
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06:19 EDTSNXSYNNEX upgraded to Outperform from Market Perform at Raymond James
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05:45 EDTUBSMorgan Stanley downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded its rating on Morgan Stanley (MS) to Neutral saying shares look expensive and that it does not see the bank meeting its 10% return on equity target. JPMorgan sees better value in other investment banks, specifically UBS (UBS), and keeps a $34 price target for Morgan Stanley shares. The stock closed yesterday down 16c to $35.02.
September 23, 2014
08:14 EDTUBSCFA Society of Chicago to hold a meeting
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September 22, 2014
12:16 EDTMTLMost likely scenario for Mechel is bankruptcy, Reuters reports
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09:38 EDTMTLActive equity options trading on open
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09:24 EDTUBSAppeals court upholds UBS must deposit EUR1.1B over tax charges, Reuters says
A French appeals court upheld a prior ruling and ordered UBS to deposit EUR1.1B as a guarantee for the fine the court believes the bank may need to pay if it is found guilty of assisting its wealthy French customers to avoid paying taxes, reported Reuters. Reference Link
09:04 EDTUBSFrench court rules UBS must deposit $1.4B, Bloomberg reports
September 18, 2014
10:34 EDTINFAHigh option volume stocks
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07:52 EDTUBSUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTUBSEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
September 17, 2014
16:02 EDTSNXSYNNEX enters three-year sponsorship with PGA Tour player Bill Haas
SYNNEX announced a three-year sponsorship agreement with PGA Tour standout Bill Haas. In addition to the SYNNEX logo appearing on Haas' apparel at PGA Tour events, SYNNEX continues as the presenting sponsor of the Bill Haas Charity Classic, Haas' annual Pro-Am tournament in Greenville that benefits local charitable organizations.
09:55 EDTSIMOSilicon Motion upgraded to Buy from Hold at Standpoint Research
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