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Stock Market & Financial Investment News

News Breaks
February 4, 2014
04:55 EDTBLK, BLK, BLK, BAH, BAH, BAH, TGT, TGT, TGT, CS, CS, CS, GM, GM, GM, UNH, UNH, UNH, HLT, HLT, HLT, ATVI, ATVI, ATVI, VZ, VZ, VZ, CTSH, CTSH, CTSH, M, M, M, DELL, DELL, DELL, ORCL, ORCL, ORCLOracle to hold a conference
Oracle HCM World is being held in Las Vegas on February 4-6.
News For ORCL;DELL;M;CTSH;VZ;ATVI;HLT;UNH;GM;CS;TGT;BAH;BLK From The Last 14 Days
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October 13, 2014
06:15 EDTMJ.C. Penney downgraded to Sell from Neutral at UBS
UBS downgraded its rating on J.C. Penney (JCP) shares to Sell saying the company's 2017 EBITDA target of $1.2B is overly optimistic as it assumes years of market share gains against strong competitors like Macy's (M) and Kohl's (KSS). UBS halved its price target for Penney shares to $5 from $10. The retailer's stock closed Friday down 52c to $7.12.
October 12, 2014
17:21 EDTGMTesla ahead of other car makers on semiautonomous driving system, WSJ says
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October 10, 2014
09:13 EDTCSEBA says EU stress test results to be published October 26
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06:12 EDTGMGeneral Motors reports September China sales up 15.2% to 319,936
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October 9, 2014
16:49 EDTORCLOracle hires former director of engineering from Google, Re/code reports
Oracle (ORCL) hired Peter Magnusson, former director of engineering at Google (GOOG) and VP of engineering at Snapchat, two weeks ago in a move to improve its cloud computing business, Re/code reports, citing sources familiar with the move. Reference Link
10:00 EDTHLTOn The Fly: Analyst Initiation Summary
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09:41 EDTTGT, MBofA/Merrill retail analysts hold an analyst/industry conference call
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09:33 EDTVZGE, Verizon announce alliance
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09:17 EDTGMOmix Ada recalls floor mats used in Chevrolet, GMC trucks, SUVs
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08:21 EDTCSGoldman, Credit Suisse invest in digital surveillance start-up, Bloomberg says
A group of banks, led by Goldman Sachs (GS) and Credit Suisse (CS), invested $24M in Digital Reasoning, a data analytics start-up whose CEO, Tim Estes, said the banks want a way to surveil millions of e-mails, instant messages, and transcripts of calls to spot suspicious behavior "when it happens, not in an investigation three years later.” Reference Link
08:06 EDTATVIActivision Blizzard files response to Noriega lawsuit
Activision Blizzard, filed a response to Manuel Noriega’s opposition in the lawsuit brought by the former dictator and convicted murderer. Rudy Giuliani, former New York City Mayor and named partner of Bracewell & Giuliani, will argue as co-counsel beside Munger, Tolles & Olson at the October 16 hearing in Los Angeles Superior Court in support of Activision Blizzard’s motion. Activision Blizzard is moving to strike Noriega’s lawsuit on the grounds that the minor inclusion of a Noriega character in Call of Duty: Black Ops II is protected free speech. The motion to strike was filed in Los Angeles Superior Court on September 22. The legal action seeks to dismiss Manuel Noriega’s complaint at the outset under California’s anti-SLAPP statute. Lawyers for Manuel Noriega filed a response to the anti-SLAPP motion on October 2. The Superior Court will consider the matter at a hearing on October 16.
08:01 EDTTGTTarget CEO hands-on with Canadian turnaround, Globe and Mail says
Brian Cornell, the new CEO of Target, told The Globe and Mail in an interview that he is taking a hands-on approach to repairing the company’s Canadian business and that he will travel north on a “regular” basis to oversee the turnaround. Reference Link
06:33 EDTUNHMaximus appoints Kelly Clark as new Chief Information Officer
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06:28 EDTHLTHilton initiated with an Outperform at JMP Securities
Target $30.
October 8, 2014
13:43 EDTMDepartment stores fall after J.C. Penney cuts view due to difficult environment
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11:13 EDTMMacy's October volatility increases as shares pull back
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09:38 EDTVZActive equity options trading on open
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09:23 EDTMCitigroup to hold a tour
Athletic Footwear Mall Tour travels to Roosevelt Field Mall, Garden City, New York on October 8.
08:00 EDTBLKBlackRock volatility increases into Q3 and guidance
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07:13 EDTCSBank dealers agree to revised derivatives rules, FT reports
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