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16:22 EDTEFXEquifax introduces 'credit score alternative' for auto insurance
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16:18 EDTICLIsrael Chemicals to close FR-1210 DECA flame retardant production line
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16:13 EDTMWEMarkWest Energy CCO Nickerson to depart early 2016, Floerke appointed CCO
MarkWest Energy announced that Randy Nickerson, EVP and Chief Commercial Officer, will be retiring in early 2016. Until his retirement, Nickerson will continue to develop strategic NGL downstream projects in the Northeast and, following his retirement, Nickerson will continue to provide consulting services to MarkWest. Effective June 1, Greg Floerke, currently SVP of Northeast Operations, will be promoted to EVP and Chief Commercial Officer, reporting to the company's CEO. As a result of these changes, the responsibilities of Nancy Buese, EVP and CFO, will be expanded to include M&A and JV management. The responsibilities of John Mollenkopf, EVP and COO, will also be expanded to include the NGL and gas marketing functions.
16:08 EDTALGTCourt blocks Allegiant pilot strike
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16:04 EDTXLRN, CELGAcceleron reports luspatercept data, says increases hemoglobin levels
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15:55 EDTEIX, TSLA, CNKEdison partners with Tesla, Cinemark on battery storage projects
Edison International (EIX) announced Friday that it has established commercial agreements with Tesla (TSLA). Southern California Edison, the regulated utility subsidiary of Edison, and SoCore Energy, an Edison subsidiary that provides rooftop solar systems, are implementing energy storage projects that feature Tesla Powerpacks. SCE is working with Tesla on two demonstration projects that will test communication capabilities and explore rebates to customers who allow SCE to manage their battery charging in order to increase the use of renewable energy while ensuring continued grid reliability. The first demonstration project targets homeowners who have solar panels already installed with battery storage capability. The second demonstration project focuses on commercial and industrial customers who require a larger energy storage capacity. These two projects are expected to be operational in 2015. Separately, SoCore Energy is working with Cinemark Holdings (CNK) to design and install Tesla batteries at two of their theatre properties in Southern California. Cinemark and SoCore Energy are also looking at additional locations for potential battery installations.
15:24 EDTTACOLevy Acquistion could rise 30% to $19, Barron's says
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15:04 EDTONON Semiconductor sees Q2 revenue $876M-$916M, consensus $896.33M
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15:02 EDTONON Semiconductor reports Q1 EPS 20c, consensus 18c
Reports Q1 revenue $870.80M, consensus $860.82M. "Our order momentum is accelerating and visibility into near to mid-term outlook has improved significantly, driven by strong customer interest in our product offerings," said the company.
14:59 EDTTWTR, LNKD, YELP, FB, GOOG, RUBI, FUELTwitter, LinkedIn, Yelp likely falling further, Barron's says
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14:42 EDTCXCEMEX stock could rise 25%, Barron's says
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14:22 EDTEMREmerson shares could approach $75-$80 in coming years, Barron's says
Shares of Emerson may approach $75-$80 in the next few years, Barron's contends in its "The Trader" column, citing Capital Advisors. Barron's argues that fears of oil volatility overexposure are overblown, while global economic headwinds and the effects of foreign exchange seem to be improving in Emerson's favor. Reference Link
13:58 EDTAKAMAkamai shares could see 10% upside this year, Barron's says
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13:49 EDTCSTShares of CST Brands appear overvalued, Barron's says
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13:44 EDTCVACovanta shares looks undervalued at $20, Barron's says
Shares of Covanta look undervalued after recently falling to near $20, Barron's contends in its "Sizing up Small Caps" column. Competition in the waste-to-energy market remains low due to harsh regulations, and Barron's notes that the company recently secured a 20-year contract with New York City and hinted at potential expansion into Asia and Europe. Reference Link
13:31 EDTMTB, HCBKM&T Bank stock may return at least 20% in next twelve months, Barron's says
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13:17 EDTTSNTyson stock may see 20% upside in coming year, Barron's says
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13:06 EDTBXBlackstone shares may return 20% over coming year, Barron's says
Blackstone stock could rise to $47 from $41 in the next 12 months and could "easily" return 20% after dividends, Barron's contends in a feature article. Barron's argues that the stock looks underpriced at just 10 times earnings, and CEO Stephen Schwarzman is confident the firm can handle heavy influxes of capital. Reference Link
12:52 EDTAAL, UAL, TRN, PPC, NAVI, KKRAmerican Airlines, United among companies that may reward traders, Barron's says
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12:29 EDTBIDU, JKS, JMEIBaidu, JinkoSolar, Jumei shares look attractive long term, Barron's says
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