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Stock Market & Financial Investment News

News Breaks
December 20, 2012
10:11 EDTRE, FLIR, FCX, AWAY, LHO, PPG, STN, TKC, DRQOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Everest Re (RE) upgraded to Overweight from Neutral at JPMorgan... Flir Systems (FLIR) upgraded to Buy from Neutral at Sterne Agee... Freeport McMoRan (FCX) upgraded to Buy from Hold at Deutsche Bank... HomeAway (AWAY) upgraded to Overweight from Equal Weight at Barclays... LaSalle Hotel (LHO) upgraded to Outperform from Neutral at Cowen... PPG Industries (PPG) upgraded to Outperform from Sector Perform at RBC Capital... Stantec (STN) upgraded to Outperform from Sector Perform at RBC Capital... Turkcell (TKC) upgraded to Buy from Neutral at BofA/Merrill... Dril-Quip (DRQ) upgraded to Buy from Accumulate at Tudor Pickering.
News For RE;FLIR;FCX;AWAY;LHO;PPG;STN;TKC;DRQ From The Last 14 Days
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October 23, 2014
07:02 EDTLHOLaSalle Hote shares poised to outperform, says Stifel
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October 22, 2014
16:17 EDTLHOLaSalle Hotel raises FY14 adjusted FFO view to $2.56-$2.60 from $2.44-$2.54
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16:16 EDTLHOLaSalle Hotel sees Q4 adjusted FFO 57c-61c, consensus 58c
Sees Q4 RevPAR to increase 7%-9% and hotel EBITDA margins to range from an increase of 175 to 250 basis points relative to the same prior year period.
16:15 EDTLHOLaSalle Hotel reports Q3 RevPAR up 11.5% to $212.98
Room revenue per available room, or RevPAR, for the quarter increased 11.5% to $212.98, as a result of a 10.2% increase in average daily rate to $242.25 and a 1.1% improvement in occupancy to 87.9%.
16:14 EDTLHOLaSalle Hotel reports Q3 adjustecd FFO 85c, consensus 79c
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16:14 EDTREEverest Re reports Q3 EPS $6.00, consensus $4.79
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15:30 EDTRENotable companies reporting after market close
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11:21 EDTPPGPPG Aerospace supplying production, spare windows for Embraer KC-390
PPG Industries’ (PPG) aerospace transparencies group is designing windshields for the KC-390 military transport aircraft. PPG is under contract with Embraer (ERJ) Defense and Security to design and manufacture production and spare windshields, side cockpit windows and fuselage windows for the KC-390 aircraft. Embraer expects the aircraft to enter service in 2016.
10:09 EDTLHOOn The Fly: Analyst Initiation Summary
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08:50 EDTLHOLaSalle Hotel initiated with a Buy at Ladenburg
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07:00 EDTPPGPPG Industries management to meet with Deutsche Bank
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October 21, 2014
07:45 EDTPPGPPG Industries management to meet with Deutsche Bank
Meeting to be held in Frankfurt on October 21 hosted by Deutsche Bank.
October 20, 2014
11:24 EDTPPGPPG acquires Westmoreland Supply, terms not disclosed
PPG Industries announced that its North American architectural coatings business has reached a definitive agreement to acquire Westmoreland Supply. The transaction is expected to close in Q4, subject to customary closing conditions. Financial terms were not disclosed. The acquisition of Westmoreland Supply will expand PPG’s North American company-owned stores footprint. Following completion of the acquisition, the locations will operate as part of PPG’s network of more than 900 company-owned stores in North America, and will be rebranded under the company’s new PPG Paints store brand.
07:11 EDTPPGPPG Industries upgraded to Buy from Neutral at SunTrust
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06:20 EDTFCXFreeport McMoRan upgraded to Neutral from Sell at Citigroup
Citigroup upgraded Freeport McMoRan to Neutral citing the recent pullback in shares. Citi keeps a $31 price target for the stock.
05:41 EDTPPGPPG Industries expands sealants capabilities at ASC in Germany
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October 17, 2014
10:16 EDTDRQHigh option volume stocks
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October 16, 2014
14:59 EDTPPGPPG Industries says anticipating normal seasonal trends for Q4
Says Q4 is typically the company's slowest. Says recent drop in oil prices not an immediate benefit. Says seeing modest raw material increases. Says not envisioning any re-pricing of pending Comex acquisition due to recent stock market drop. Says will continue share buybacks in Q4 at a "higher level." Says expects to raise buybacks if deals less than expected. Says deadline for Mexico Comex decision is mid-December. Comments from company's Q3 earnings conference call.
08:13 EDTPPGPPG Industries still sees closing Comex deal in Q4
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08:12 EDTPPGPPG Industries reports Q3 adjusted EPS $2.82, consensus $2.75
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