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Stock Market & Financial Investment News

News Breaks
June 9, 2014
11:04 EDTKKD, PVH, MW, NAV, HSH, PPH, PAY, FIVE, CIEN, SANOptions with decreasing implied volatility
Options with decreasing implied volatility: KKD CIEN FIVE PAY PPH HSH NAV MW PVH SAN
News For KKD;CIEN;FIVE;PAY;PPH;HSH;NAV;MW;PVH;SAN From The Last 14 Days
Check below for free stories on KKD;CIEN;FIVE;PAY;PPH;HSH;NAV;MW;PVH;SAN the last two weeks.
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July 23, 2014
10:02 EDTMWOn The Fly: Analyst Initiation Summary
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08:53 EDTMWMen's Wearhouse reinstated with a Buy at Goldman
Target $72.
July 22, 2014
10:00 EDTFIVEOn The Fly: Analyst Upgrade Summary
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06:15 EDTSANBanco Bilbao wins auction to buy Catalunya Banc for EUR1.19B
The Management Commission of the Banking Restructuring Fund has accepted BBVA´s bid in the competitive auction for the acquisition of Catalunya Banc S.A. As a consequence, BBVA has executed a sale and purchase agreement with FROB, by virtue of which FROB will sell up to 100% of the shares of Catalunya Banc to BBVA for the price of up to EUR1.19B. Closing of the sale and purchase transaction will be subject, among others, to the obtaining of the relevant administrative authorizations and approvals and to the effective closing of the transaction announced by Catalunya Banc to the market on July 17 whereby Catalunya Banc will transfer to an asset securitization fund a loan portfolio with a nominal value of EUR.6.4B.
05:29 EDTFIVEFive Below upgraded to Outperform from Market Perform at Wells Fargo
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July 17, 2014
10:00 EDTNAVOn The Fly: Analyst Initiation Summary
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July 16, 2014
17:38 EDTNAVNavistar initiated with an Overweight at Piper Jaffray
Target $46.
17:23 EDTHSHTyson Foods commences tender offer for Hillshire Brands for $63 per share cash
Tyson Foods (TSN) announced that it has commenced a cash tender offer for all outstanding shares of common stock of Hillshire Brands (HSH) at a price of $63.00 per share. The tender offer is being made pursuant to the previously announced merger agreement dated July 1, among the two companies and HMB Holdings, a wholly owned subsidiary of Tyson Foods. The tender offer period will expire at 12:00 midnight at the end of the day on August 12, unless the offer is extended. Tyson Foods has filed a tender offer statement on Schedule TO with the United States SEC. HMB Holdings is the acquirer in the tender offer. The Offer to Purchase contained within the Schedule TO sets out the terms and conditions of the tender offer. Hillshire Brands has also filed a Solicitation/Recommendation Statement with the SEC, which includes the recommendation of the Hillshire board of directors that Hillshire Brands stockholders tender their shares in the tender offer. Following successful completion of the tender offer, any shares not acquired in the tender offer will be acquired in a second-step merger at the same $63 per share cash price.
July 15, 2014
10:48 EDTHSHOptions with increasing implied volatility: GLUU KORS RVBD HSH
July 11, 2014
11:31 EDTSANOptions with increasing implied volatility
Options with increasing implied volatility: INO AEGR UBNT INVN WTW OREX GNC CREE SD SAN
July 10, 2014
07:08 EDTSANECB keeps tight grip on banks with health check results, Reuters says
The European Central Bank is targeting to keep a tight grip banks in the final phase of a balance sheet health check in October, giving them only 48 hours to review the test results before publishing them, according to Reuters, citing two people familiar with the matter. The assessment will look into banks’ balance sheets and measure their ability to handle shock and stress. 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).
06:00 EDTPAYeBay repatriated cash likely to be used for M&A, says Piper Jaffray
Piper Jaffray believes a large part of the $9B in cash eBay expects to repatriate to the U.S. will be used for acquisitions in the payments space. The cash, equating to $6B net of taxes, could help eBay take advantage of the shift to mobile payments, the firm says. Piper lists Square, VeriFone (PAY), iZettle and Corduro as companies in the payment space that are within acquisition range for eBay. The firm has an Overweight rating on eBay with a $63 price target.

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