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Stock Market & Financial Investment News

News Breaks
June 14, 2012
10:31 EDTADBE, NMR, BBVA, PGH, HGSI, NOKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Adobe (ADBE) downgraded to Hold from Buy at Jefferies... Banco Bilbao (BBVA) downgraded to Sell from Neutral at UBS... Human Genome (HGSI) downgraded to Market Perform from Outperform at JMP Securities... Nomura Holdings (NMR) downgraded to Hold from Buy at Jefferies... Pengrowth Energy (PGH) downgraded to Market Perform from Outperform at BMO Capital... Nokia (NOK) downgraded to Underperform from Neutral at RW Baird.
News For NOK;PGH;NMR;HGSI;BBVA;ADBE From The Last 14 Days
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May 27, 2015
11:46 EDTNOKRaymond James doubts Ericsson will buy Juniper or Ciena
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07:55 EDTNOKEricsson willing to respond to rivals' merger with deal, Bloomberg reports
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06:54 EDTNOKNokia Networks to acquire Eden Rock
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May 22, 2015
08:57 EDTNOKNokia CEO says good bids received but no rush on selling HERE, Retuers reports
Nokia (NOK) CEO Rajeev Suri said the company has received high quality bids for its HERE maps unit, while declining to comment on bidders, but added that the company is in no hurry to sell, reported Reuters, citing comments made in an interview with trade magazine European Communications. Prior reports have indicated that Daimler's (DDAIF) Mercedes-Benz, Volkswagen's (VLKAY) Audi and BMW (BAMXY) are partnering with private equity firm General Atlantic in their pursuit of the unit, while Uber is said to be teaming up with Baidu (BIDU) and Apax Partners to also pursue a bid. Reference Link
07:57 EDTNOKNokia seeing rising competitive pressures, says Oppenheimer
Oppenheimer is becoming more worried about aggressive pricing behavior by Nokia's competitors in the wireless infrastructure market. Consequently, the firm thinks the operating margin of the company's Networks unit could miss expectations. It recommends that investors stay long the stock but avoid adding new positions around the time of the company's earnings, which Oppenheimer believes could disappoint.
May 21, 2015
09:15 EDTNOKGerman automakers partnering with PE firm on bid for Nokia unit, Reuters says
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May 20, 2015
07:36 EDTADBEJPMorgan to hold a conference
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May 18, 2015
13:37 EDTNOKBaidu, Uber teaming up to pursue Nokia's maps unit, Bloomberg reports
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May 17, 2015
17:06 EDTNMRNomura, RBS ordered to pay $806M to Fannie, Freddie, Reuters says
U.S. District Judge Denise Cote has ordered Nomura (NMR) and RBS (RBS) to pay a total of $806M for allegedly misleading Fannie Mae (FNMA) and Freddie Mac (FMCC), Reuters reported Friday, citing court proceedings and a person familiar with the matter. Reuters notes that Fannie is set to receive $26.6M from the ruling, while Freddie will receive $779.4M. Reference Link
May 15, 2015
12:15 EDTADBEAdobe management to meet with Jefferies
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10:01 EDTADBEOn The Fly: Analyst Initiation Summary
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05:38 EDTADBEAdobe initiated with an Overweight at JPMorgan
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