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Stock Market & Financial Investment News

News Breaks
February 27, 2013
04:55 EDTIPI, IPI, POT, POT, MOS, MOS, AGU, AGU, CF, CF, FMC, FMC, DD, DD, ADM, ADM, DOW, DOW, BAC, BACBofA/Merrill to host a conference
2013 Global Agriculture Conference is being held in Miami on February 27-28.
News For IPI;DOW;ADM;DD;FMC;CF;AGU;MOS;POT;BAC From The Last 14 Days
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May 21, 2013
07:28 EDTFMCGoldman to host a conference
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07:13 EDTBACU.S. bank mergers less likely this year, Bloomberg reports
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May 20, 2013
10:11 EDTBAC, CFOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel.
08:33 EDTCFCF Industries downgraded to Hold from Buy at Miller Tabak
Miller Tabak downgraded CF Industries due to valuation. Price target remains $220.
08:04 EDTPOT, DOW, DD, AGU, CFBofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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05:39 EDTBACBank of America downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette downgraded Bank of America with a $13.50 price target citing valuation.
May 17, 2013
16:00 EDTBACOptions Update; May 17, 2013
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10:20 EDTBACBank of America rises, levels to watch
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May 16, 2013
09:17 EDTPOTPotash upgraded to Buy from Hold at BGC Partners
Price target raised to $49.
08:08 EDTDOWDow Chemical's Enlist Duo Herbicide approved for use in Canada
Dow Chemical's wholly owned subsidiary Dow AgroSciences announced that Health Canada’s Pest Management Regulatory Agency has approved Enlist Duo herbicide with Colex-D Technology for use in Canada. This approval, which makes Canada the first nation to authorize this herbicide, is a milestone for the company’s Enlist Weed Control System.
07:18 EDTBACInvestors bet on banks hit by credit crisis, Bloomberg reports
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06:41 EDTBACBig banks to benefit from U.S. concession on derivatives, NY Times says
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06:15 EDTDOWDow ordered to pay $1.2B in urethane price-fixing case, Bloomberg reports
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May 15, 2013
17:21 EDTPOTPotash increases quarterly dividend 25% to 35c per share
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17:03 EDTCFSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
16:55 EDTADMBerkshire Hathaway gives quarterly update on stakes
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14:57 EDTADMArcher Daniels says added $200M cost savings expected by end 2014
Operational improvements are expected to enable Archer Daniels Midland to realize $200M in additional cost savings by the end of 2014, and to free up an additional $1B in cash by the end of 2013, the company said in advance of its presentation at the BMO Capital Markets 2013 Farm to Market Conference. The additional $200M is expected to come from reducing energy and water use; implementing a companywide maintenance-management system; standardizing processes, procedures and inventory controls; and leveraging the company’s scale in the area of procurement. The additional $1B in working cash improvements would bring the total the company has unlocked since mid-2012 to $2B, through better inventory-management; monetization of underutilized assets as part of an ongoing portfolio management effort; extracting cash from various joint ventures; and improved processes for managing payables and receivables.
10:13 EDTBACBank of America reports April card write-offs 4.55% vs. 4.33% last month
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07:33 EDTDOWNational Association of Business Economics to hos a conference
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07:31 EDTCF, ADM, AGU, MOSBMO Capital to host a conference
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