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Stock Market & Financial Investment News

News Breaks
November 29, 2012
10:00 EDTGOOG, MCRS, AVB, ESS, CPT, AIV, RIMM, PSA, PLT, PNR, NRF, NKE, MCEP, IACI, GES, EOG, KMXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CarMax (KMX) upgraded to Buy from Neutral at Goldman... EOG Resources (EOG) upgraded to Outperform from Neutral at Macquarie... Guess (GES) upgraded to Overweight from Neutral at Piper Jaffray... InterActiveCorp (IACI) upgraded to Outperform from Market Perform at Wells Fargo... Mid-Con Energy (MCEP) upgraded to Outperform from Neutral at RW Baird... Nike (NKE) upgraded to Overweight from Neutral at HSBC... Northstar Realty (NRF) upgraded to Outperform from Market Perform at FBR Capital... Pentair (PNR) upgraded to Outperform from Market Perform at Bernstein... Plantronics (PLT) upgraded to Overweight from Neutral at JPMorgan... Public Storage (PSA) upgraded to Hold from Underweight at KeyBanc... Research in Motion (RIMM) upgraded to Buy from Neutral at Goldman... Aimco (AIV) upgraded to Outperform from Market Perform at BMO Capital... Camden Property (CPT) upgraded to Outperform from Market Perform at BMO Capital... Essex Property Trust (ESS) upgraded to Outperform from Market Perform at BMO Capital... AvalonBay (AVB) upgraded to Market Perform from Underperform at BMO Capital... Google (GOOG) upgraded to Buy from Hold at Oracle Research... MICROS Systems (MCRS) upgraded to Buy from Neutral at Compass Point.
News For KMX;EOG;GES;IACI;MCEP;NKE;NRF;PNR;PLT;PSA;RIMM;AIV;CPT;ESS;AVB;MCRS;GOOG From The Last 14 Days
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September 19, 2014
10:06 EDTGESOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Eagle (AEO) upgraded to Buy from Neutral at Goldman... Concur (CNQR) upgraded to Neutral from Sell at Goldman... Continental Resources (CLR) upgraded to Buy from Neutral at Global Hunter... Deutsche Telekom (DTEGY) upgraded to Buy from Neutral at Citigroup... DuPont (DD) upgraded to Buy from Hold at BGC Financial... First Horizon (FHN) upgraded to Outperform from Market Perform at Raymond James... Francesca's (FRAN) upgraded to Buy from Neutral at Buckingham... Guess (GES) upgraded to Neutral from Underperform at Buckingham... National CineMedia (NCMI) upgraded to Outperform from Market Perform at FBR Capital... Patterson-UTI Energy (PTEN) upgraded to Overweight from Equalweight at Capital One... SABMiller (SBMRY) upgraded to Neutral from Reduce at Nomura... Synovus (SNV) upgraded to Strong Buy from Outperform at Raymond James... Texas Capital (TCBI) upgraded to Buy from Hold at Wunderlich... VF Corp. (VFC) upgraded to Buy from Hold at KeyBanc... Zions Bancorp (ZION) upgraded to Strong Buy from Outperform at Raymond James.
07:26 EDTGESGuess upgraded to Neutral from Underperform at Buckingham
06:48 EDTNKENike investors convey sponsorship worries amid suspensions, WSJ says
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06:43 EDTGOOGYouTube spending more money on original content, Re/code reports
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06:22 EDTGOOGGoogle planning to encrypt phone data in Android, Washington Post reports
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06:04 EDTNKENike marketing exec Eric Toda departs for Snapchat, Re/code reports
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September 18, 2014
15:47 EDTGOOGHimax may be back in with Google, buy shares, says Northland
Northland said Google (GOOG) has finished testing the Samsung OLED displays and have determined they are not bright enough. The analyst believes Google will go back to Himax (HIMX). Google has the option to invest in HIMX by October 21, which the firm believes they will do if they go back to them for displays. Norhtland recommends buying shares aggressively into an expected strong September quarter.
15:44 EDTGOOGHimax may be back in with Google, says Northland
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13:57 EDTGOOGGoogle mulls new R&D unit focused on longer term projects, The Information says
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10:58 EDTKMXCarmax October volatility elevated into Q2 and revenue outlook
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10:57 EDTGESU.S. ITC to investigate 17 denim jean companies for patent infringement
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09:33 EDTNKENike mentioned positively at OTR Global
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09:22 EDTNKEBack to school season healthy for footwear, says Sterne Agee
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08:58 EDTGOOGGoogle October volatility flat on tight three-month price range
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08:17 EDTNRFNorthstar Realty and Chatham Lodging to acquire $1.1B hotel portfolio
NorthStar Realty (NRF) has entered into a definitive agreement to acquire a $1.1B hotel portfolio from Inland American Real Estate Trust. The Portfolio is comprised of 52 upscale extended stay and select service hotels with approximately 7,000 rooms. NorthStar Realty is acquiring the Portfolio in a joint venture with Chatham Lodging (CLDT) where NorthStar Realty will have an approximate 90% ownership interest in the Portfolio and Chatham will own an approximate 10% minority interest. NorthStar Realty expects to obtain non-recourse financing for approximately 70-75% of the purchase price and earn an initial mid-teens cash-on-cash yield, based on estimated year-one NOI. The Portfolio is geographically diverse and located across 21 states.
08:06 EDTNRFChatham Lodging announces multiple hotel investments
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07:43 EDTPNRPentair weakness creates buying opportunity, says Bernstein
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07:38 EDTEOGUBS to hold a conference
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07:26 EDTNKE, GOOGGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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07:18 EDTGOOGSupply chains expect component orders from Motorola through 2014, DigiTimes says
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