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Stock Market & Financial Investment News

News Breaks
April 22, 2014
10:32 EDTELX, MNK, TRGP, SWKHigh option volume stocks: MNK SWK TRGP ELX
News For MNK;SWK;TRGP;ELX From The Last 14 Days
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April 27, 2015
06:19 EDTMNKPharmceutical companies buy drugs and raises prices, WSJ reports
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April 24, 2015
08:11 EDTSWKStanley Black & Decker price target raised to $120 from $108 at Wunderlich
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April 23, 2015
06:15 EDTSWKStanley Black & Decker backs FY15 EPS view of $5.65-$5.85, consensus $5.73
Donald Allan Jr., senior vice president and CFO, commented, "We are maintaining our FY15 EPS outlook of $5.65-$5.85 on a GAAP basis, including $50M or 25c EPS, in restructuring charges, and our free cash flow outlook of at least $1B. Our current 2015 EPS outlook reflects the strong Q1 performance and improved organic growth outlook, which combined with an acceleration of planned share repurchases, are expected to offset the impact of the significant weakening of various foreign currencies versus the U.S. dollar. Specific to shares, since the beginning of the 4Q14 we have reduced our share count by the equivalent of approximately $900M of shares utilizing $326M of cash as well as equity derivatives, putting us well on our way to completing our share repurchase plan announced in late 2013. We are clearly encouraged by our Q1 performance despite difficult currency conditions and remain confident that 2015 will be another step forward in achieving our long-term financial objectives."
06:13 EDTSWKStanley Black & Decker reports Q1 EPS $1.07, consensus 95c
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April 22, 2015
15:50 EDTSWKNotable companies reporting before tomorrow's open
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09:33 EDTTRGPTarga Resources downgraded to Equalweight from Overweight at Capital One
April 21, 2015
18:37 EDTTRGPTarga Resources raises quarterly dividend to 83c per share
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18:32 EDTTRGPTarga Resources expects FY15 effective cash tax rate of 5%-10%
TRC expects FY15 dividend growth of 25%+ over 2014, resulting in about 1.0 times dividend coverage. Sees FY15 effective cash tax rate of 5%-10% and in the near term beyond 2015, an annual effective cash tax rate less than 15%.
April 15, 2015
11:25 EDTMNKMallinckrodt management to meet with Jefferies
Meetings to be held in Boston/New York on April 21-22 hosted by Jefferies.
07:41 EDTMNKEBD Group to hold a forum
ChinaBio Partnering Forum 2015 is being held in Shanghai, China on April 15-16.
April 13, 2015
17:32 EDTMNKMallinckrodt says Questcor to pay $38M in proposed settlement
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