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Stock Market & Financial Investment News

News Breaks
April 15, 2014
10:00 EDTHALO, DF, WBMD, TSLX, RGEN, PAG, GPI, BRDR, WWE, STO, RSPP, MMYT, DXLG, VSAR, CODE, RPM, AN, AMBR, BRGYY, MDRXOn The Fly: Analyst Initiation Summary
Allscripts (MDRX) reinstated with an Outperform at Raymond James... Amber Road (AMBR) initiated with a Buy at Canaccord... Autonation (AN) coverage assumed with a Market Perform at Wells Fargo... BG Group (BRGYY) initiated with an Outperform at BMO Capital... Borderfree (BRDR) initiated with a Buy at Canaccord... Dean Foods (DF) initiated with a Buy at BB&T... Destination XL (DXLG) initiated with a Buy at Ascendiant... Group 1 Automotive (GPI) coverage assumed with a Market Perform at Wells Fargo... Halozyme (HALO) initiated with a Buy at Citigroup... MakeMyTrip (MMYT) initiated with a Neutral at Goldman... Penske Automotive (PAG) coverage assumed with a Market Perform at Wells Fargo... RPM (RPM) initiated with an Outperform at Wells Fargo... RSP Permian (RSPP) initiated with a Buy at KLR Group... Repligen (RGEN) initiated with a Buy at Jefferies... Spansion (CODE) initiated with a Buy at Sterne Agee... Statoil (STO) initiated with a Market Perform at BMO Capital... TPG Specialty Lending (TSLX) initiated with a Buy at BofA/Merrill... Versartis (VSAR) initiated with a Buy at Citigroup... WWE (WWE) initiated with a Buy at Needham... WebMD (WBMD) reinstated with a Strong Buy at Raymond James.
News For MDRX;AMBR;AN;BRGYY;BRDR;DF;DXLG;GPI;HALO;MMYT;PAG;RPM;RSPP;RGEN;CODE;STO;TSLX;VSAR;WWE;WBMD From The Last 14 Days
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August 31, 2015
18:20 EDTTSLXForever 21 seeks $150M loan, WSJ says
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16:23 EDTMDRXGlenhill Advisors reports 5.3% stake in Allscripts
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06:24 EDTMMYTCCI charges Google with abusing market dominance, Economic Times reports
The Competition Commission of India is charging Google (GOOG) with abusing its dominant market position by rigging search results, a claim corroborated by Flipkart, Facebook (FB), Nokia's (NOK) maps division, MakeMy-Trip.com (MMYT), and several other companies, the Economic Times reports. The case marks the first globally where an antitrust body is formally raising such charges against Google, the report says. CCI might impose a fine of up to 10% of Google's income, the report says. Reference Link
August 27, 2015
07:57 EDTSTOPlatts to hold a conference
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07:10 EDTDXLGDestination XL backs FY15 adjusted EPS view (12c)-(14c), consensus (14c)
Backs FY15 capex view $30M-$32M.
07:09 EDTDXLGDestination XL reports Q2 adjusted EPS (1c), four estimates (5c)
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August 26, 2015
12:47 EDTBRGYYOn The Fly: Top stock stories at midday
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10:57 EDTBRGYYEuropean oilfield service names boosted by M&A speculation, says JPMorgan
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August 25, 2015
16:03 EDTMDRXCookeville Medical Center selects Allscripts for CCM program
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08:38 EDTRSPPRSP Permian completes bolt-on Midland Basin acquisitions
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August 24, 2015
09:45 EDTMDRXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
08:31 EDTHALOHalozyme names Michael LaBarre chief scientific officer
Halozyme named Michael J. LaBarre, Ph.D. as chief scientific officer, succeeding Dr. Michael Shepard, who was appointed a Research Fellow for the company. "Mike has deep experience characterizing early stage assets, making him an ideal leader for our research organization as we invest further in our promising pipeline," said Dr. Helen Torley, president and chief executive officer. "We have a full agenda for the second half of 2015 as we broaden the study of our investigational new drug PEGPH20 in multiple tumor types and prepare for our pivotal phase 3 study in pancreatic cancer patients. I am pleased to have a proven leader of Mike's caliber to guide our research efforts as we invest for future growth."
08:17 EDTMDRXAllscripts upgraded on new order growth, valuation at Argus
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07:37 EDTMDRXAllscripts upgraded to Buy from Hold at Argus
August 20, 2015
10:00 EDTVSAROn The Fly: Analyst Initiation Summary
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09:52 EDTAMBRAmber Road tool selected by Amway
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06:25 EDTVSARVersartisinitiated with a Neutral at Credit Suisse
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August 19, 2015
16:02 EDTMDRXAllscripts announces partnership with CoverMyMeds
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August 18, 2015
08:12 EDTSTOGlobal Big Oil sector upgraded at Citi
Citi analysts Alastair Syme and Michael Alsford upgraded their rating on the Global Big Oil space and now recommend investors position "at least a benchmark-weight" in the group. The analysts, who had been multi-year cautious on the space, prefer Total (TOT), ConocoPhillips (COP) and Statoil (STO), which they call "self-helpers." The sector price-to-book ratio of 1.2 times is now below the Q1 of 2009 and Q4 of 1998 troughs, Syme and Alsford write. Cost-cutting and better capital allocation are key to restoring the industry's profitability, they believe.
08:04 EDTANAutoNation to acquire sixteen stores from Carl Gregory and Valley Motors
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