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Stock Market & Financial Investment News

News Breaks
February 1, 2013
09:54 EDTUPS, FDX, SODASodaStream says DOT rules stop FedEx, UPS from accepting used carbonators
SodaStream (SODA) said on its corporate website that based on feedback from the United States Department of Transportation, the company will no longer offer exchange carbonators online, effective February 1. DOT regulations prevents UPS (UPS) or FedEx (FDX) from accepting used carbonators from residential customers and customers can no longer bring used carbonators to a UPS or FedEx store or drop-off location for return to SodaStream. The company said, "We continue to work collaboratively with the DOT, UPS and FedEx to evaluate alternative solutions for residential returns and will provide an update on any developments as soon as they become available."
News For SODA;FDX;UPS From The Last 14 Days
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October 6, 2015
10:00 EDTFDXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Communications Sales & Leasing (CSAL) upgraded to Overweight at Morgan Stanley... FedEx (FDX) upgraded on upcoming positive catalysts at Stifel... Mediaset (MDIUY) upgraded to Buy from Hold at HSBC... Melco Crown (MPEL) upgraded to Hold from Sell at Deutsche Bank... NuVasive (NUVA) upgraded to Buy at Canaccord... SJM Holdings (SJMHY) upgraded to Hold from Sell at Deutsche Bank... Select Medical (SEM) upgraded on expected EBITDA jump at Wells Fargo... Smart & Final Stores (SFS) upgraded to Overweight from Equal Weight at Barclays... Springleaf (LEAF) upgraded to Outperform from Market Perform at Keefe Bruyette... Tanger Factory (SKT) upgraded to Neutral from Underperform at BofA/Merrill.
07:08 EDTFDXFedEx upgraded on upcoming positive catalysts at Stifel
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06:17 EDTUPS, FDXFedEx, UPS raise surcharges amid fuel price drop, WSJ reports
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06:13 EDTFDXFedEx upgraded to Buy from Hold at Stifel
October 5, 2015
07:00 EDTFDXFedEx responds to TNT Express shareholders adopting all resolutions
FedEx (FDX) has taken note of TNT Express' (TNTEY) press release in relation to the Extraordinary General Meeting that took place today confirming that the shareholders of TNT Express approved all of the resolutions on the agenda. This release is made in connection with the recommended public offer by FedEx Acquisition for all of the issued and outstanding ordinary shares in the capital of TNT Express, including all ordinary shares represented by American depositary shares, as more fully described in the Offer Document. The Asset Sale and Liquidation Resolutions, the Conversion Resolution and the Governance Resolutions are conditional on the Offer being declared unconditional and the Settlement thereof. The Asset Sale and Liquidation Resolutions are also conditional upon the number of Shares tendered under the Offer, together with those Shares held by or committed to the Offeror or its affiliates and the Shares to which the Offeror or its affiliates are entitled, being less than 95% but at least 80% of TNT Express' aggregate issued and outstanding ordinary share capital. As a result of the Asset Sale and Liquidation Resolutions and the Conversion Resolution having been adopted, under the terms and subject to the conditions of the Offer, the minimum acceptance condition of the Offer will be 80% of TNT's aggregate issued and outstanding ordinary share capital, on a fully diluted basis, as of the time and date on which the Offer expires.
October 2, 2015
12:23 EDTUPSSupply chain issues impact Pratt & Whitney production this summer, WSJ says
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08:03 EDTUPSConcerns about XPO Logistics 'rather overblown,' says Stifel
After meeting with XPO's (XPO) senior management and attending a Q&A session held by its CEO, Stifel says that the Con-way deal will enable the company to compete in new markets and should create "a lot more value over time" than the UPS (UPS)-Coyote deal. The firm is very upbeat on XPO's management team. It keeps a $62 price target and Buy rating on the shares.
07:35 EDTFDX, UPSUPS lobbies EU against FedEx-TNT merger, Bloomberg says
UPS (UPS) is lobbying to the EU against FedEx's (FDX) offer to acquire TNT Express (TNTEY), Bloomberg reports, citing people familiar with the EU's investigation of the proposed FedEx-TNT tie-up. UPS' proposal to acquire TNT Express was blocked by the EU two years ago, the report says. Reference Link
06:20 EDTFDX, UPSEU may demand concessions in FedEx, TNT merger, WSJ reports
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October 1, 2015
06:10 EDTUPSUPS to take minority stake in tech startup Ally Commerce, WSJ reports
UPS is investing in Ally Commerce, a tech startup that bypasses middlemen and allows brand manufacturers to set up websites and sell directly to consumers, The Wall Street Journal reports. UPS is set to take a minority stake in the startup, though exact terms of the investment have not been disclosed. Reference Link
September 29, 2015
09:34 EDTUPSDetroit Economic Club to hold a luncheon meeting
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September 28, 2015
06:39 EDTFDXCSX added to US 1 List; FedEx and Whirlpool removed at BofA/Merrill
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