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Stock Market & Financial Investment News

News Breaks
January 28, 2013
09:01 EDTLXK, BUDLexmark, AB InBev expand MPS agreement to include Europe
Lexmark (LXK) announced it has signed a five-year agreement with Anheuser-Busch InBev (BUD) that extends its services into Europe to drive improved productivity and cost savings for the leading global brewer. The multi-country services contract calls for world-class managed print services, a standardized fleet of innovative printers and smart multifunction products and improved business processes to be provided to Anheuser-Busch InBev. The scope of services includes corporate offices in addition to breweries.
News For LXK;BUD From The Last 14 Days
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May 16, 2013
05:51 EDTBUDNBCUniversal says winter Olympic Games ad sales strong, WSJ reports
Comcast's (CMCSA) NBCUniversal unit is projecting advertising sales over $800M for the Olympic Games next year in Russia, which would be a record for the Winter Games, despite the decision by Anheuser-Busch InBev (BUD) and Hilton Worldwide not to advertise on the event in Sochi, reports the Wall Street Journal. The company said it has sold 75%-80% of its TV inventory.Reference Link
May 14, 2013
07:20 EDTLXKJPMorgan to host a conference
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06:08 EDTLXKLexmark re-initiated with a Sell at Goldman
Target $23.
May 13, 2013
08:01 EDTBUDAB InBev U.S., Brazil performance has likely bottomed, says RBC Capital
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07:29 EDTLXKSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
May 7, 2013
11:13 EDTLXKLexmark hits new 52-week high, falls after update
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10:31 EDTLXKLexmark sees FY13 EPS $3.90-$4.10, consensus $3.81
Sees FY13 revenue down 8%-10%, consensus $3.49B. Sees 2H13 EPS $2.27. Sees FY13 tax rate 25%, free cash flow about 80%-90% of net income, CapEx about $185M. Sees long-term revenue growth at or above market. Sees long-term operating income margin 11%-13%, free cash flow about 90%-100% of net income. Comments from slides that will be presented at the company's investor meeting.

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