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Stock Market & Financial Investment News

News Breaks
December 31, 2012
06:52 EDTSINA, SOHU, BIDU, YUM, COH, SBUXChinese PMI reaches highest level since May 2011, Reuters reports
HSBC's Chinese Purchasing Managers' Index reached 51.5 this month, the highest level since May 2011, according to Reuters. The index came in at 50.5 in November, the news service added. Reference Link
News For SINA;SOHU;BIDU;YUM;COH;SBUX From The Last 14 Days
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September 18, 2014
07:52 EDTYUMPizza Hut testing 30% lower calorie pie, USA Today reports
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07:35 EDTBIDUBaidu volatility low into Alibaba IPO
Baidu September call option implied volatility is at 28, September weekly is at 28, October is at 32, December is at 33; compared to its 26-week average of 38 according to Track Data, suggesting decreasing price movement.
September 17, 2014
12:01 EDTBIDUSeagate signs strategic agreement with Baidu
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September 16, 2014
13:19 EDTSBUXMcDonald's Canada to offer coffee in grocery stores, Reuters says
McDonald's (MCD) is poised to start offering its McCafe ground coffee throughout Canadian grocery stores this month in an effort to gain more customers in a country whose java market has been lead by competitors such as Tim Hortons (THI) and Starbucks (SBUX), according to Reuters, citing comments from McDonald's Canada CEO John Betts. Reference Link
September 15, 2014
17:35 EDTYUMChurchill Downs, Yum! Brands extend five-year Kentucky Derby agreement
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06:40 EDTBIDUNew Apple products blasted by Baidu, WantChinaTimes says
Apple's (AAPL) new iPhones are low quality products with high breakdown rates, and the devices will not generate strong sales in China, Chinese search engine Baidu (BIDU) said in a blog on Saturday, according to WantChinaTimes. Another blog from Baidu stated that Apple is not innovating and is not taking its smart watch seriously enough, WantChinaTimes reported. Reference Link
06:11 EDTYUMYum! Brands looking beyond pizza, tacos to Banh concept, USA Today reports
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September 14, 2014
13:35 EDTSBUXStarbucks shares could fall, Barron's says
Starbucks shares could fall and were placed on Hedgeye Risk Management analyst Howard Penney's best-ideas list as a short, Barron's argues in its 'The Trader' column. Reference Link
September 12, 2014
08:17 EDTSBUXStarbucks 6.2M share Block Trade priced at $75.15
BofA/Merrill acted as sole book running manager for the offering.
September 11, 2014
06:36 EDTSBUXStarbucks to sell single-origin coffees in supermarkets, WSJ reports
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September 10, 2014
16:15 EDTYUMYum! Brands increases quarterly dividend 11% to 41c from 37c
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10:00 EDTCOHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: African Barrick Gold (ABGLY) upgraded to Neutral from Sell at Goldman... ArcelorMittal (MT) upgraded to Overweight from Underweight at Barclays... CRH Plc. (CRH) upgraded to Outperform from Underperform at Raymond James... Callon Petroleum (CPE) upgraded to Buy from Neutral at SunTrust... Coach (COH) upgraded to Overweight from Neutral at Atlantic Equities... Hartford Financial (HIG) upgraded to Outperform from Market Perform at FBR Capital... Huntsman (HUN) upgraded to Buy from Neutral at Citigroup... Imperva (IMPV) upgraded to Outperform from Perform at Oppenheimer... L Brands (LB) upgraded at Credit Suisse... Marcus (MCS) upgraded to Buy from Neutral at B. Riley... Noodles & Company (NDLS) upgraded to Buy from Neutral at UBS... Sunoco Logistics (SXL) upgraded to Overweight from Equal Weight at Barclays... Triangle Petroleum (TPLM) upgraded to Buy from Accumulate at KLR Group... Twitter (TWTR) upgraded to Buy from Neutral at UBS.
08:34 EDTBIDUCtrip.com confirms removal of hotel listings from Qunar, Marbridge Daily says
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07:47 EDTCOHCoach upgraded to Overweight from Neutral at Atlantic Equities
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06:01 EDTCOHCoach upgraded to Overweight from Neutral at Atlantic Equities
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September 9, 2014
13:58 EDTSBUXStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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09:06 EDTCOHJimmy Choo near London IPO with $1B valuation, Bloomberg says
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07:02 EDTCOHCoach names Gebhard Rainer as president and COO, effective September 29
Coach (COH) announced the appointment of Gebhard Rainer, as President and COO, effective September 29. Rainer joins Coach from Hyatt Hotels Corporation (H), where he most recently held the position of Executive Vice President and CFO. Rainer is filling a position that has been vacant since September 2013.
September 8, 2014
10:00 EDTSINAFacebook may soon enter China, DoNews reports
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06:37 EDTBIDUBaidu hires Microsoft's Zhang Yaqin, WSJ reports
Baidu (BIDU) has hired Zhang Yaqin, a top Microsoft (MSFT) executive in China, to become its president for new business,t he Wall Street Journal reports. Zhang was Microsoft's VP and chairman of its Asian-Pacific research and development group. Reference Link
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