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Stock Market & Financial Investment News

News Breaks
December 12, 2012
18:06 EDTNDZNordion announces postponement of Q412 results, cites credit facility amendment
Nordion announced it is postponing the release of its Q4 and FY12 financial results and conference call scheduled for December 18 and 19, respectively. Nordion has initiated discussions to amend the terms of the companyís credit facility. The discussions are in relation to the potential impact of expected accruals associated with ongoing litigation matters and the treatment of certain non-cash items. In combination, these items may impact certain terms and conditions of Nordionís credit facility. Nordion had entered into its $75M three-year credit facility in June 2011. The credit facility has been used primarily to fund letters of credit associated with the companyís pension plan and regulatory decommissioning obligations.
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April 2, 2014
10:00 EDTNDZOn The Fly: Analyst Downgrade Summary
ArcelorMittal (MT) downgraded to Neutral from Outperform at Credit Suisse... Essex Property Trust (ESS) downgraded to Neutral from Buy at Goldman... Healthstream (HSTM) downgraded to Market Perform from Outperform at Northland... Imperial Oil (IMO) downgraded to Underperform from Neutral at BofA/Merrill... Nordion (NDZ) downgraded to Hold from Buy at Canaccord... The Medicines Co. (MDCO) downgraded to Neutral from Overweight at Piper Jaffray... U.S. Bancorp (USB) downgraded to Hold from Buy at Sandler O'Neill... Old National Bancorp (ONB) downgraded to Hold from Buy at Sandler O'Neill... Edison International (EIX) downgraded to Hold from Buy at Argus.
06:52 EDTNDZNordion downgraded to Hold from Buy at Canaccord
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