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Stock Market & Financial Investment News

News Breaks
July 1, 2014
10:43 EDTDRI, RIO, FOLD, LB, COO, ELX, ALR, STAA, CBSO, SIMOHigh option volume stocks
High option volume stocks: SIMO CBSO STAA ALR ELX COO LB FOLD RIO DRI
News For SIMO;CBSO;STAA;ALR;ELX;COO;LB;FOLD;RIO;DRI From The Last 14 Days
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July 28, 2014
16:39 EDTDRIDarden to nominate 9 of 12 independent director candidates
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16:36 EDTDRIDarden chairman, CEO Otis to step down, board to separate roles
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10:47 EDTDRIDarden completes sale of Red Lobster to Golden Gate Capital
Darden Restaurants and Golden Gate Capital announced that Golden Gate has completed the acquisition of the Red Lobster business and certain other related assets and assumed liabilities for approximately $2.1B in cash. As previously announced, approximately $1.0B of the net cash proceeds are expected to be used to retire outstanding debt. The remaining net proceeds of approximately $500M-$600M are expected to be deployed for a new share repurchase program of up to $700M in fiscal 2015. "In addition to strengthening Darden's credit profile, with the lower debt levels and reduced outstanding share count, Darden expects to maintain its current quarterly dividend of 55c per share, or $2.20 annually...The completion of this transaction marks an important milestone in the actions we are taking to improve our operations, reduce costs, and focus on opportunities with the highest value-creating potential. While we still have work to do, we are making progress in our efforts to enhance performance and shareholder value," the company said.
09:14 EDTCBSOCBS Outdoor appoints Punter Chief Revenue Officer
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July 24, 2014
13:45 EDTDRIStarboard files complaint to inspect Darden books
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July 23, 2014
17:45 EDTCBSOCBS Outdoor COO Kelly departs
CBS Outdoor Americas has announced that Wally Kelly, president and COO since 2013, will be leaving the organization. He will stay at the company for an advisory period until the end of this year.
11:38 EDTDRIBrinker retreats after analyst downgrades on industry concerns
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11:08 EDTFOLDHigh option volume stocks
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11:06 EDTFOLDSummer Street chief scientific officer holds an analyst/industry conference call
Chief Scientific Officer Classen discusses Amicus Therapeutics' Migalastat for Fabry's disease on an Analyst/Industry conference call to be held on July 23 at 2 pm.
06:13 EDTRIORio Tinto says Chinese demand for iron ore 'strong,' Daily Telegraph says
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July 21, 2014
07:04 EDTCBSOCBS Outdoor acquires outdoor assets from Van Wagner Communications
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July 16, 2014
18:26 EDTDRIOn The Fly: After Hours Movers
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16:34 EDTCBSOCBS Outdoor completes separation from CBS and REIT conversion
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10:35 EDTCBSOOptions with decreasing implied volatility
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05:15 EDTRIORio Tinto raises FY14 thermal coal production outlook to 17.5M tonnes
The company's previous thermal coal production guidance was 16.7M tons. This follows a change in the production profile to produce additional higher margin thermal coal from a processing plant by-product stream at Hail Creek. As a result of this change and lower than expected production during the ramp up at Kestrel, Australian hard coking coal production has decreased to 7.4M tonnes, previously 8.2M tonnes. Semi-soft coking coal production guidance remains unchanged at 3M tonnes.Rio Tinto’s share of uranium production across Rössing and ERA in 2014 is expected to be between 4.3M-5.1M pounds. This follows operational changes at Rössing in response to current market conditions. Progression to full processing capacity at ERA is anticipated in Q3. Reference Link
05:11 EDTRIORio Tinto reports Q2 global iron ore production up 11% to 73.1M tons
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July 15, 2014
20:05 EDTRIORio Tinto iron ore output rose 10% in first half of year, WSJ reports
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13:20 EDTDRIStarboard sends letter to Darden board seeking new leadership
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10:37 EDTCBSOOptions with decreasing implied volatility
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08:03 EDTCBSOCBS reports results of CBS Outdoor exchange offer
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