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Stock Market & Financial Investment News

News Breaks
March 21, 2013
08:46 EDTSO, DUK, AEP, GE, HON, ED, ENOCBernstein to host a conference
Electrical Equipment & U.S. Utilities Long View Conference is being held in Bernstein's New York offices on March 21.
News For SO;DUK;AEP;GE;HON;ED;ENOC From The Last 14 Days
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August 20, 2014
08:11 EDTGEGE Healthcare Life Sciences announces new U.S. headquarters in MA
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07:10 EDTAEPAmerican Electric total return outlook compelling, says Wells Fargo
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August 19, 2014
19:08 EDTDUKDuke Energy takes responsibility of oil spill, makes progress cleaning up river
Duke Energy made progress cleaning up an overnight spill of approximately 3,000 to 5,000 gallons of fuel oil into the Ohio River at W.C. Beckjord Station, 20 miles southeast of Cincinnati, according to the company. The company will continue cleanup operations tonight and around-the-clock. The company is working closely, on-site, with the U.S. Environmental Protection Agency, U.S. Coast Guard, Ohio Environmental Protection Agency, Kentucky Department for Environmental Protection and local agencies in response to the spill. The incident occurred shortly after 11 p.m. Monday during a fuel oil transfer at the plant on the banks of the Ohio River in New Richmond, Ohio. The company Monday night and early today quickly mobilized internal and external resources to respond to the spill, including three vessels on the river that have deployed approximately 2,000 feet of oil-containment booms to contain and help collect the oil. "We're working around the clock to rapidly and fully restore the affected section of the Ohio River and coordinating closely with local officials to make sure that drinking water continues to remain safe," said Lynn Good, president and CEO of Duke Energy. "We take responsibility for the cleanup and the well being of the communities we serve."
17:31 EDTGEGE plans to invest $3.5B in aircraft engine unit, Nikkei says
General Electric plans to invest $3.5B in its aircraft engine business over the five years to 2017, as it looks to boost production, says Nikkei. Reference Link
09:07 EDTHONHoneywell company UOP selected by BW Offshore
UOP, a Honeywell company, announced that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading, or FPSO, vessel off the coast of Scotland. The vessel, which will be leased to Premier Oil, will include a UOP Separex Membrane System to remove carbon dioxide.
08:57 EDTDUKDuke Energy reports fuel oil spill into Ohio River
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08:36 EDTENOCEnerNOC announces investment in WeSpire
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06:22 EDTGEGeneral Electric in talks with Electrolux to sell appliance business, WSJ says
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August 18, 2014
07:22 EDTAEPSilver Spring Network outlook has improved, says Stifel
After meeting with Silver Spring's (SSNI) management, Stifel is more upbeat on the company's positioning for additional international and domestic opportunities, and on its execution. The firm is not concerned about the impact of possible delays of the company's deployment in conjunction with American Electric (AEP). Stifel expects Silver Spring's EPS to reach 92c in 2016, and it keeps a $16 price target and Buy rating on Silver Spring.
07:07 EDTGEGeneral Electric reinstated with an Outperform at Credit Suisse
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August 14, 2014
13:26 EDTGEGE evaluating 'wide range' of options for appliances unit, Bloomberg reports
General Electric (GE) says it is evaluating a "wide range" of options for its home appliance business, Bloomberg reports. According to a GE spokesperson, the company is holding discussions with Electrolux (ELUXY) and other parties. Consumer development startup Quirky is also said to be interested in the GE unit. Reference Link
12:58 EDTHONHoneywell management to meet with Jefferies
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12:25 EDTGEGE says evaluating 'range' of options for Appliances, Bloomberg reports
General Electric confirmed in an interview that its in talks with Electrolux AB (ELUXY) regarding the potential sale of its Appliances unit, Bloomberg reports. GE added its evaluating a "wide range of strategic options" for its Appliances unit.
11:22 EDTGEElectrolux confirms in talks to acquire GE Appliances
Electrolux (ELUXY) confirmed that it is in discussions regarding a possible acquisition of the appliances business of GE (GE). "No agreement has been reached, and there can be no assurances that an agreement will be reached. Any further announcements will be made in due course," Electrolux stated.
08:37 EDTENOCEnerNOC signs contract with BKW
EnerNOC announced that it has entered into an EnerNOC Demand Manager contract with BKW Energy through 2019. BKW will deploy EnerNOC's software and services to deliver demand response to BKW's customers throughout Switzerland.
08:11 EDTGEGE Healthcare to use RTI Connext Middleware
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August 13, 2014
20:04 EDTGEGE appliance unit drawing interest from Electrolux, Quirky, Bloomberg says
General Electric's home appliance unit has drawn interest from Electrolux and Quirky, according to Bloomberg, citing two people with knowledge of the matter. General Electric's appliance unit is said to be worth about $2B, the sources added. Reference Link
19:35 EDTGEGE appliance unit drawing interest from Electrolux, Quirky, Bloomberg says
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10:01 EDTSOOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CSR (CSRE) downgraded to Hold from Buy at Jefferies... Celadon Group (CGI) downgraded to Equal Weight from Overweight at Stephens... Cree (CREE) downgraded to Hold from Buy at Summit Research... Crestwood Equity (CEQP) downgraded to Underweight from Equal Weight at Barclays... Intrepid Potash (IPI) downgraded to Sell from Hold at BGC Financial... JDSU (JDSU) downgraded to Neutral from Buy at B. Riley... King Digital (KING) downgraded to Equal Weight from Overweight at Barclays... Marin Software (MRIN) downgraded to Neutral from Buy at Goldman... Mosaic (MOS) downgraded to Sell from Hold at BGC Financial... Potash (POT) downgraded to Sell from Hold at BGC Financial... Regado Biosciences (RGDO) downgraded to Market Perform from Outperform at Cowen... Southern Company (SO) downgraded to Underweight from Equal Weight at Morgan Stanley... StarTek (SRT) downgraded to Equal Weight from Overweight at First Analysis... Tuniu (TOUR) downgraded to Neutral from Outperform at Credit Suisse.
05:51 EDTSOSouthern Company downgraded to Underweight from Equal Weight at Morgan Stanley
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