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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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January 22, 2015
05:45 EDTNOKNokia reinstated with a Buy at Goldman
05:13 EDTPGHPengrowth Energy sees FY15 production 74,000 boe/d
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05:11 EDTPGHPengrowth Energy lowers monthly dividend by 50% to 2c per share
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05:10 EDTPGHPengrowth Energy reports preliminary FY14 production at top end of 71K-73K boe/d
Pengrowth Energy announced significant accomplishments in 2014 including: Production performance exceeding the top end of production guidance of 71,000-73,000 barrels of oil equivalent per day, or boe/d, even with mature asset sales of 1,400 boe/d. In light of the rapid decline in commodity prices, Pengrowth is announcing extensive and proactive measures for 2015 designed to ensure the company's financial health and sustainability in a low commodity price environment. These steps include: A significantly reduced capital program for 2015 of $200M, representing a 74% reduction from 2014, with no decrease in expected production compared to 2014. A revised two phase development plan for Lindbergh that is expected to deliver total production of 40,000-50,000 barrels per day, or bbl/d, with $800M less in capital spending, which also incorporates the deferral of Lindbergh Phase II by one year.
January 21, 2015
11:22 EDTPGHPengrowth Energy to host investor day
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10:01 EDTPGHOn The Fly: Analyst Downgrade Summary
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09:11 EDTPGHPengrowth Energy downgraded to Market Perform from Outperform at Raymond James
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January 20, 2015
05:57 EDTBBVABanco Bilbao upgraded to Buy from Neutral at Citigroup
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January 14, 2015
18:18 EDTADBEOn The Fly: After Hours Movers
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16:26 EDTADBEAdobe announces $2.0B stock repurchase plan through FY17
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06:29 EDTADBECompanies reach new deal on worker hiring issue, Reuters says
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January 13, 2015
07:47 EDTADBEUBS to hold investor trip
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January 12, 2015
12:36 EDTPGH1832 Asset reports 8.72% passive stake in Pengrowth Energy
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07:35 EDTADBENational Retail Federation to hold a trade show
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