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Stock Market & Financial Investment News

News Breaks
January 2, 2013
10:02 EDTSXL, SKUL, HOT, TGT, TLYS, WLP, JWN, KSS, H, ROST, NTLS, ANN, ASNA, BF.B, NOV, IDA, LNKD, MR, AEO, LNTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Alliant Energy (LNT) downgraded to Market Perform from Outperform at Wells Fargo... American Eagle (AEO) downgraded to Hold from Buy at Jefferies... Ann Inc. (ANN) downgraded to Hold from Buy at Jefferies... Ascena Retail (ASNA) downgraded to Neutral from Buy at Citigroup... Brown Forman (BF.B) downgraded to Underweight from Equal Weight at Morgan Stanley... Hovnanian (HOV) downgraded to Neutral from Buy at UBS... IDACORP (IDA) downgraded to Market Perform from Outperform at Wells Fargo... LinkedIn (LNKD) downgraded to Equal Weight from Overweight at Barclays... Mindray Medical (MR) downgraded to Neutral from Outperform at Credit Suisse... NTELOS (NTLS) downgraded to Neutral from Overweight at JPMorgan... Ross Stores (ROST) downgraded to Neutral from Buy at Citigroup... Skullcandy (SKUL) downgraded to Underperform from Buy at Jefferies... Starwood Hotels (HOT) downgraded to Neutral from Buy at SunTrust... Target (TGT) downgraded to Hold from Buy at Jefferies... Tilly's (TLYS) downgraded to Neutral from Overweight at Piper Jaffray... Wellpoint (WLP) downgraded to Neutral from Outperform at Credit Suisse... Nordstrom (JWN) downgraded to Neutral from Buy at Buckingham... Kohl's (KSS) downgraded to Neutral from Buy at Buckingham... Sunoco Logistics (SXL) downgraded to Hold from Accumulate at Tudor Pickering... Hyatt Hotels (H)downgraded to Neutral from Buy at ISI Group.
News For B;NOV;IDA;LNKD;MR;NTLS;ROST;SKUL;HOT;TGT;TLYS;WLP;JWN;KSS;H;SXL From The Last 14 Days
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October 14, 2014
16:57 EDTSXLSunoco Logistics announces binding open season for Delaware Basin extension
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October 13, 2014
16:04 EDTSKULSkullcandy announces two ASTRO headsets compatible with Xbox One
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11:31 EDTHHyatt Hotels plans First Hyatt House Hotel in New Orleans
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10:26 EDTSKULSkullcandy management to meet with Roth Capital
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10:06 EDTKSSJ.C. Penney rises after selecting Home Depot executive as next CEO
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07:37 EDTMRAmerican Society of Anesthesiologists to hold annual meeting
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07:15 EDTTGTNational Association of Corporate Directors to hold a conference
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06:15 EDTKSSJ.C. Penney downgraded to Sell from Neutral at UBS
UBS downgraded its rating on J.C. Penney (JCP) shares to Sell saying the company's 2017 EBITDA target of $1.2B is overly optimistic as it assumes years of market share gains against strong competitors like Macy's (M) and Kohl's (KSS). UBS halved its price target for Penney shares to $5 from $10. The retailer's stock closed Friday down 52c to $7.12.
October 9, 2014
09:41 EDTTGT, ROSTBofA/Merrill retail analysts hold an analyst/industry conference call
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08:03 EDTWLPWellPoint named top Managed Care pick at Jefferies
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08:01 EDTTGTTarget CEO hands-on with Canadian turnaround, Globe and Mail says
Brian Cornell, the new CEO of Target, told The Globe and Mail in an interview that he is taking a hands-on approach to repairing the company’s Canadian business and that he will travel north on a “regular” basis to oversee the turnaround. Reference Link
06:33 EDTROSTCourt considers whether to pay Amazon workers for security checks, WSJ says
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October 8, 2014
13:43 EDTKSS, JWNDepartment stores fall after J.C. Penney cuts view due to difficult environment
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11:16 EDTKSSKohl’s October volatility elevated
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10:00 EDTNOVOn The Fly: Analyst Downgrade Summary
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05:57 EDTNOVNational Oilwell downgraded to Neutral from Overweight at HSBC
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October 6, 2014
17:23 EDTTGTContainer Store plummets after cutting fiscal 2014 outlook
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10:17 EDTHHyatt Residential Group acquires full interest in Key West Resorts
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07:13 EDTTGTMobile Marketing & Technology Magazine to hold a conference
Mobile Payments Conference is being held in Chicago on October 6-8.
06:45 EDTLNKDLinkedIn avoiding problems in China, NY Times reports
LinkedIn has avoided difficulties in China by compromising on freedom of speech issues and enabling two well-connected local venture capital firms to take a 7% stake in its Chinese business, according to The New York Times. Reference Link
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