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Stock Market & Financial Investment News

News Breaks
June 27, 2014
10:11 EDTMPEL, BDSI, JAH, KING, NKE, CCK, OKSHigh option volume stocks:
High option volume stocks: MPEL BDSI JAH KING NKE CCK OKS
News For MPEL;BDSI;JAH;KING;NKE;CCK;OKS From The Last 14 Days
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October 23, 2014
09:07 EDTMPELMelco Crown downgraded to Neutral from Buy at Nomura
08:53 EDTJAHJarden expects margin improvement in Q4
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08:52 EDTJAHJarden backs FY14 EPS guidance of 'in-line with street estimates'
The company sees foreign exchange rate, excluding Venezuela, impacting FY14 revenue by $60M-$90M. The company expects to generate $650M in cash flow from operations in FY14. Management stated that the company is mindful of movements in the Euro. Currency was a mild headwind in FY14 and could have a significant impact on FY15. Comments provided during Q3 earnings conference call.
07:46 EDTJAHJarden anounces 3-for-2 stock split
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07:23 EDTJAHJarden reports Q3 adjusted EPS $1.17, consensus $1.16
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07:17 EDTOKSONEOK Partners downgraded to Neutral from Buy at BofA/Merrill
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October 22, 2014
16:21 EDTOKSONEOK Partners increases quarterly distribution 1.5c to 77.5c
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13:54 EDTNKENike expects womens business to reach $7B in revenue by FY17
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October 20, 2014
12:03 EDTKINGKing Digital launches Candy Crush Soda Saga worldwide on Facebook
Earlier today, King Digital Entertainment (KING) announced that Candy Crush Soda Saga, the sister title to hit game Candy Crush Saga, has launched worldwide on Facebook (FB). Candy Crush Soda Saga is the next iteration in the Candy Crush franchise, set in the world of the Candy Kingdom. Fans of the original hit can now switch and match their way through new dimensions of gameplay with exciting new graphics and features including game modes, candy combinations, gameplay mechanics and more. Candy Crush Soda Saga is set to launch on mobile in the coming weeks.
October 17, 2014
09:39 EDTCCKCrown Holdings says on an 'upward trajectory'
Sees acquisitions adding to cash flow. Crown Holdings shares are up nearly 5% in early morning trading.
09:10 EDTCCKCrown Holdings sees FY15 EPS 10%-15% higher than FY14
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09:09 EDTCCKCrown Holdings sees Q4 comparable EPS 41c-51c, consensus 54c
Raises FY14 comparable EPS view to $3.37-$3.43 from $3.20-$3.35, consensus $3.33.
09:05 EDTCCKCrown Holdings sees FY15 sales about $10B, consensus $9.66B
Comment made on the Q3 earnings conference call.
October 16, 2014
17:05 EDTCCKCrown Holdings reports Q3 ex-items EPS $1.36, consensus $1.21
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15:26 EDTCCKNotable companies reporting after market close
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October 15, 2014
10:02 EDTNKEOn The Fly: Analyst Upgrade Summary
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08:28 EDTNKENike upgraded to Conviction Buy from Buy at Goldman
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06:12 EDTNKENike's Converse sues rivals over 'copycat' design, NY Post reports
Converse, a unit of Nike (NKE), is suing rivals including Ralph Lauren (RL) and Tory Burch, alleging that shoemakers and retailers are copying its iconic design, the New York Post reports. Lawyers for Converse say "We welcome fair competition, but we do not believe companies have a right to copy the trademarked look." The lawsuit seeks unspecified damages and injunctions that would bar the production of the rival shoe models. Reference Link
October 14, 2014
09:54 EDTKINGKing Digital falls, levels to watch
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October 13, 2014
06:32 EDTMPELMelco Crown shares could rally $10 on Osaka win, says Citigroup
Citigroup estimates shares of Melco Crown could rally up to $10 should the company win a gaming license in Osaka, Japan. Citi expects the gaming bill in Japan to be passed in November, and notes Melco is a major candidate in Osaka. The firm believes the upcoming opening of City of Dreams Manila will be a "game changer" to the Philippines gaming market. It lowered its price target for shares to $43 from $46 and keeps a Buy rating on the name.
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