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News For SCCO;NVS;MOS;ADM;IP From The Last 14 Days Check below for free stories on SCCO;NVS;MOS;ADM;IP the last two weeks. |
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| May 20, 2013 |
| 07:29 EDT |  | NVS | Deutsche Bank to host a conference
dbAccess Asia Conference 2013 is being held in Singapore on May 20-22. |
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| May 17, 2013 |
| 16:20 EDT |  | NVS | Novartis drug Afinitor extended time without disease progression in women
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| 07:33 EDT |  | IP | Paper & Packaging names likely to return cash to holders, says Jefferies
Jefferies expects names in the Paper & Packaging space to start returning cash to shareholders at a greater rate due to strong balance sheets and record free cash flow. The firm names International Paper (IP), RockTenn (RKT) and Owens-Illinois (OI) as best positioned to see higher share prices from more aggressive cash returns to shareholders. Jefferies says Crown Holdings (CCK), Graphic Packaging (GPK) and Owens-Illinois are likely to issue dividends. |
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| May 16, 2013 |
| 08:11 EDT | | NVS | Novartis says no intention of pursuing Actavis, Bloomberg reports
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| May 15, 2013 |
| 19:37 EDT |  | NVS | Novartis weighing Actavis bid, WSJ reports
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| 18:17 EDT | | NVS | Novartis weighs possible bid for Actavis, DJ reports
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| 17:26 EDT | | IP | Third Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN). |
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| 16:55 EDT | | ADM | Berkshire Hathaway gives quarterly update on stakes
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| 14:57 EDT | | ADM | Archer Daniels says added $200M cost savings expected by end 2014
Operational improvements are expected to enable Archer Daniels Midland to realize $200M in additional cost savings by the end of 2014, and to free up an additional $1B in cash by the end of 2013, the company said in advance of its presentation at the BMO Capital Markets 2013 Farm to Market Conference. The additional $200M is expected to come from reducing energy and water use; implementing a companywide maintenance-management system; standardizing processes, procedures and inventory controls; and leveraging the company’s scale in the area of procurement. The additional $1B in working cash improvements would bring the total the company has unlocked since mid-2012 to $2B, through better inventory-management; monetization of underutilized assets as part of an ongoing portfolio management effort; extracting cash from various joint ventures; and improved processes for managing payables and receivables. |
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| 13:15 EDT | | IP | International Paper price target raised to $53 from $48 at Argus
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| 07:31 EDT | | ADM, MOS | BMO Capital to host a conference
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| May 14, 2013 |
| 13:10 EDT | | MOS | Mosaic would resume potash expansion if BHP cancels Jansen project, Reuters says
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| May 13, 2013 |
| 14:45 EDT | | MOS | Mosaic shares defended at Citigroup
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| 13:28 EDT | | MOS | Mosaic lower after deferring potash expansion
Mosaic, which produces and markets phosphate and potash crop nutrients for the agriculture industry, is trading lower after saying it is scaling back its potash expansion on a company conference call. WHAT'S NOTABLE: Mosaic CFO Larry Stranghoener said the company is deferring a project to add 2M metric tons a year of potash production capacity. Stranghoener added that the company will reassess market conditions within the next 12 to 24 months and "make a determination at that time whether those projects are warranted." PRICE ACTION: Mosaic shares are trading down $2.23 or 3.52% to $61.05 in afternoon trading. |
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| May 10, 2013 |
| 17:07 EDT |  | ADM | Archer Daniels files automatic mixed securities shelf
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| 05:42 EDT | | NVS | Novartis drug Ilaris approved by FDA
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| May 9, 2013 |
| 12:04 EDT | | MOS | Mosaic to host conference call
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