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Stock Market & Financial Investment News

News Breaks
February 14, 2013
10:03 EDTINN, TSCO, CL, PGOn the Fly: Analyst Initiation Summary
Todayís noteworthy initiations include: Summit Hotel Properties (INN) initiated with a Buy at Cantor... Tractor Supply (TSCO) initiated with a Buy at UBS... Colgate-Palmolive (CL) initiated with a Sell at Canaccord... Procter & Gamble (PG) initiated with a Buy at Canaccord.
News For INN;TSCO;CL;PG From The Last 14 Days
Check below for free stories on INN;TSCO;CL;PG the last two weeks.
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September 20, 2014
22:05 EDTPGClorox turned down offer to sell or merge with rival, NY Post says
In the last three to six months consumer packaged-goods company Clorox (CLX) turned down an offer from a rival interested in a sale or merger, says the NY Post, citing sources. The NY Post added that logical suitors for Clorox include Church & Dwight (CHD), Procter & Gamble (PG), Jarden (JAH) and Unilever (UN,UL). Reference Link
September 16, 2014
05:46 EDTPGStocks with implied volatility movement; BP PG
Stocks with implied volatility movement; BP (BP) 18, Procter & Gamble (PG) 12 according to iVolatility.
September 15, 2014
16:03 EDTINNSummit Hotel Properties acquires Hampton Inn & Suites in Austin, Texas
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14:18 EDTPGPulteGroup names Manish Shrivastava as Chief Marketing Officer
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07:37 EDTCLColgate-Palmolive price target lowered to $73 from $77 at UBS
UBS lowered its price target on Colgate-Palmolive to $73 from $77 to reflect less robust growth expectations, lowered company guidance, and a lack of good news out of key markets. The firm maintains its Buy rating, citing the company's history of delivering strongly on revised expectations and a belief that the revisions may have been priced into the stock already.
September 11, 2014
16:08 EDTINNSummit Hotel Properties names Greg Dowell as executive VP, CFO
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September 10, 2014
10:16 EDTTSCOTractor Supply rated Strong Sell at Off Wall Street Research
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08:47 EDTINNSummit Hotel Properties acquires Houston Hilton Garden Inn for $36M
Summit Hotel Properties announced the acquisition of the Hilton Garden Inn located in the Energy Corridor of Houston, Tex. and the disposition of the Hampton Inn located in Fort Smith, Ark. The company acquired the 190-guestroom Hilton Garden Inn on August 15 for a total purchase price of $36.0M and entered into a management agreement with American Liberty Hospitality. The company anticipates spending approximately $3.2M in capital improvements over the next twelve months. The company anticipates an estimated post-renovation next twelve month capitalization rate in the range of 8.0%-8.5% based on managementís current estimate of future net operating income. The company expects the hotel to generate approximately $1.1M of adjusted earnings before interest, taxes, depreciation and amortization in 2014.

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