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Stock Market & Financial Investment News

News Breaks
June 14, 2012
10:31 EDTNOK, ADBE, NMR, BBVA, PGH, HGSIOn 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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March 2, 2015
09:14 EDTADBEApple, Google employees asking for $415M poaching settlement, Reuters says
Silicon Valley workers alleging that Apple (APPL), Google (GOOG), Intel (INTC), and Adobe (ADBE) colluded to limit poaching will attempt on Monday to win court approval for a $415M claim, reports Reuters. A judge had rejected the previous settlement offer of $324.5M as too low, saying the settlement would need to reach at least $380M. Reference Link
07:33 EDTNMRSiFi label for Nomura discussed by U.S. regulators, Bloomberg says
U.S. officials discussed recently whether the Financial Stability Oversight Council should begin reviewing Nomura as systemically important to the U.S. financial system, which would subject the bank to stricter capital requirements, Bloomberg reported late Friday, citing a person with knowledge of the matter. The report noted that a decision to evaluate is the start of a process that can take months or years. Reference Link
07:22 EDTNOKNokia plans 5G trials with NTT DoCoMo, may expand launch of N1 tablet, WSJ says
Nokia (NOK) will continue its shift into telecom networking with a new focus on 5G, reports the Wall Street Journal's Digits blog, citing statements by CEO Rajeev Suri at the Mobile World Congress 2015. The company sees 5G network standardization starting in 2016, trials starting in 2018, and full launch in 2020, with Nokia currently planning trials with NTT DoCoMo (DCM). Suri also announced a predictive marketing solution that may enable network operators to better target ads. Regarding the company's goal to keep itself alive as a consumer brand, the CEO said "We’re now monitoring the experience of the people who bought [the N1 tablet in China] . Once that’s all good, we’ll start moving to other countries as well." Reference Link
March 1, 2015
18:05 EDTNOKNokia CEO says 'business as usual,' no change to outlook, Reuters says
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February 26, 2015
17:30 EDTPGHPengrowth Energy sees FY15 average production 73K-75K BOE/day
Pengrowth's Board of Directors approved a $200M capital budget for 2015, down 78% from its 2014 actual CapEx of $904.0M. Sees royalties 12%-15% of ales. Sees FY15 operating costs $15.50-$16.50 per BOE.
17:27 EDTPGHPengrowth Energy reports Q4 adjusted EPS ($1.61), may not compare to estimate 1c
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February 23, 2015
08:00 EDTADBEAdobe shares recommended at Rosenblatt
Rosenblatt believes Adobe continues to execute and will report Q1 earnings and revenues slightly ahead of consensus estimates of 40c/1.09B and for new sub adds and Marketing Cloud billing to be above expectations.
February 18, 2015
08:21 EDTNOKBofa European telecom equipment analysts hold analyst/industry conference call
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February 17, 2015
10:00 EDTBBVAOn The Fly: Analyst Upgrade Summary
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06:24 EDTBBVABanco Bilbao upgraded to Outperform from Underperform at Exane BNP Paribas
04:43 EDTBBVABanco Bilbao upgraded to Outperform from Underperform at Exane BNP Paribas
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