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Stock Market & Financial Investment News

News Breaks
May 3, 2013
17:48 EDTMTOR, UNPMeritor names Ivor Evans as interim CEO, effective May 3
The Board of Directors of Meritor (MTOR) announced that it has made a change in the position of Chairman of the Board, CEO and President. Effective May 3, Ivor Evans was named Executive Chairman of the Board and Interim CEO and President. Evans, who has been a member of the Board of Directors since 2005, succeeds Charles G. McClure, Jr. who is departing from the company. Evans served as President and COO of Union Pacific Railroad from 1998 until 2004 and as Vice Chairman of Union Pacific (UNP) from January 2004 until his retirement in March 2005.
News For MTOR;UNP From The Last 14 Days
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July 28, 2014
09:26 EDTUNPUnion Pacific price target raised to $120 from $104 at Argus
Argus raised its price target on Union Pacific after the company reported higher than expected EPS and an improved operating ratio. The firm thinks the company's operating ratio has reached very healthy levels. It keeps a Buy rating on the stock.
July 24, 2014
08:04 EDTUNPUnion Pacific says optimistic about second half of year
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08:03 EDTUNPUnion Pacific reports Q2 EPS $1.43, consensus $1.43
Reports Q2 revenue $6.0B, consensus $6.0B. Reports Q2 operating ratio of 63.5%, improved 2.2 points. The company said, "We were pleased to see strong volume growth which, combined with solid core pricing, drove more than a two-point improvement in our Operating Ratio to a record 63.5% for the quarter."
July 23, 2014
15:30 EDTUNPNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Ford (F), consensus 36c; General Motors (GM), consensus 58c; Potash (POT), consensus 46c; Caterpillar (CAT), consensus $1.52; 3M (MMM), consensus $1.91; Union Pacific (UNP), consensus $1.43; Bristol-Myers Squibb (BMY), consensus 44c; Eli Lilly (LLY), consensus 65c; Celgene (CELG), consensus 89c; Precision Castparts (PCP), consensus $3.35; Raytheon (RTN), consensus $1.59; Noble Energy (NBL), consensus 79c; Hershey (HSY), consensus 76c; Southwest Airlines (LUV), consensus 61c; Boston Scientific (BSX), consensus 19c; JetBlue (JBLU), consensus 19c.
July 17, 2014
10:00 EDTMTOROn The Fly: Analyst Initiation Summary
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July 16, 2014
17:04 EDTMTORMeritor initiated with an Overweight at Piper Jaffray
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