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Stock Market & Financial Investment News

News Breaks
February 11, 2014
06:27 EDTNCFT, MAS, FBHSNorcraft recent pullback a buying opportunity, says Citigroup
Citigroup recommends buying shares of Norcraft (NCFT) aggressively following the recent pullback. The firm believes Q4 results from Masco (MAS) and Fortune Brands (FBHS) suggest Norcraft's results will be better than expected, providing a near-term catalyst for the stock. Citi has a Buy rating on Norcraft with a $21 price target.
News For NCFT;MAS;FBHS From The Last 14 Days
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October 1, 2014
10:00 EDTMASOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Allergan (AGN) upgraded to Buy from Hold at Stifel... Angie's List (ANGI) upgraded to Market Perform from Underperform at Northland... DeVry (DV) upgraded to Buy from Hold at Deutsche Bank... Dynegy (DYN) upgraded to Buy from Hold at ISI Group... Exelon (EXC) upgraded to Buy from Hold at ISI Group... Fluor (FLR) upgraded to Buy from Neutral at DA Davidson... Genworth (GNW) upgraded to Outperform from Neutral at Macquarie... Hecla Mining (HL) upgraded to Buy from Hold at BB&T... InvenSense (INVN) upgraded to Strong Buy from Buy at Needham... Janus Capital (JNS) upgraded to Buy from Hold at Jefferies... Masco (MAS) upgraded to Overweight from Neutral at JPMorgan... NRG Energy (NRG) upgraded to Strong Buy from Buy at ISI Group... Orbitz (OWW) upgraded to Outperform from Perform at Oppenheimer... Panera Bread (PNRA) upgraded to Buy from Hold at Wunderlich... Suncor (SU) upgraded to Buy from Neutral at Citigroup... Susquehanna (SUSQ) upgraded to Outperform from Neutral at Boenning & Scattergood... TPG Specialty Lending (TSLX) upgraded to Outperform from Market Perform at Wells Fargo... Tyson Foods (TSN) upgraded to Neutral from Underperform at Credit Suisse.
05:53 EDTMASMasco upgraded to Overweight from Neutral at JPMorgan
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September 30, 2014
16:05 EDTFBHSFortune Brands approves $250M shares repurchase program
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08:04 EDTMASMasco to spin-off Installation & Services business, initiate repurchase program
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September 25, 2014
16:16 EDTNCFTNorcraft announces plant expansion at Winnipeg facility
Norcraft announced it has started an expansion of its manufacturing facility in Winnipeg, Canada. Norcraft will invest approximately $7.1M to add 78,000 square feet to the company’s existing 56,700 square foot facility. The expansion will be focused on expanding the current manufacturing operations, reducing offsite warehousing and bringing back offsite shipping activities to the plant. The company expects the new capacity to be operational in mid-2015.
September 22, 2014
08:05 EDTFBHSFortune Brands completes sale of Simonton Windows to Ply Gem
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