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Stock Market & Financial Investment News

News Breaks
May 28, 2014
04:55 EDTSTKL, STKL, BUD, BUD, JCP, JCP, AZO, AZO, THO, THO, MDLZ, MDLZ, SPLS, SPLS, BG, BG, CRI, CRI, ICON, ICONCitigroup to hold a conference
Global Consumer Conference to be held in New York on May 28-29.
News For STKL;CRI;BG;SPLS;MDLZ;THO;AZO;JCP;BUD;ICON From The Last 14 Days
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March 25, 2015
10:00 EDTBUDOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AB InBev (BUD) downgraded to Reduce from Overweight at HSBC... BreitBurn Energy (BBEP) downgraded to Sell from Neutral at UBS... DiamondRock (DRH) downgraded to Reduce from Neutral at SunTrust... Ethan Allen (ETH) downgraded to Hold from Buy at Gabelli... Felcor Lodging (FCH) downgraded to Neutral from Buy at SunTrust... Finish Line (FINL) downgraded to Neutral from Buy at B. Riley... Hannover Re (HVRRY) downgraded to Sell from Hold at Deutsche Bank... Hersha Hospitality (HT) downgraded to Reduce from Neutral at SunTrust... Host Hotels (HST) downgraded to Reduce from Neutral at SunTrust... ING Groep (ING) downgraded to Neutral from Buy at Goldman... Informatica (INFA) downgraded to Neutral from Buy at Mizuho... Kofax (KFX) downgraded to Hold from Buy at Canaccord... LRR Energy (LRE) downgraded to Sell from Neutral at UBS... LaSalle Hotel (LHO) downgraded to Reduce from Neutral at SunTrust... Munich Re (MURGY) downgraded to Sell from Hold at Deutsche Bank... Orbital ATK (OA) downgraded to Market Perform from Outperform at Wells Fargo... PCTEL, Inc. (PCTI) downgraded to Neutral from Buy at B. Riley... Quest Diagnostics (DGX) downgraded to Hold from Buy at Deutsche Bank... SJW Corp. (SJW) downgraded to Neutral from Outperform at RW Baird... Selective Insurance (SIGI) downgraded to Neutral from Buy at BofA/Merrill... Sonus (SONS) downgraded to Hold from Buy at Wunderlich... Starwood (HOT) downgraded to Neutral from Buy at SunTrust... Synchrony Financial (SYF) downgraded to Neutral from Buy at BofA/Merrill... Tesla (TSLA) downgraded to Underperform from Outperform at CLSA... Twitter (TWTR) downgraded to Hold from Buy at Pivotal Research... ZAGG (ZAGG) downgraded to Market Perform from Outperform at Northland... iDreamSky (DSKY) downgraded to Neutral from Overweight at JPMorgan.
09:31 EDTMDLZCarnival names Julia Brown Chief Procurement Officer
Carnival (CCL; CUK) named Julia Brown to the newly created role of Chief Procurement Officer overseeing strategic sourcing and supplier relationship management. Brown most recently served as CPO on the global management team at Mondelez (MDLZ).
08:25 EDTMDLZMondelez volatility flat into H.J. Heinz Company and Kraft Foods merger
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08:22 EDTMDLZBuffett says has looked at 'all the companies' in Kraft's space
Buffett was answering a question posed by CNBC's Becky Quick regarding whether Campbell Soup (CPB), Mondelez (MDLZ) or others could be targets for Berkshire (BRK.A) following its Heinz and Kraft (KRFT) deals.
08:13 EDTMDLZKraft brands have a lot of potential to expand internationally, Buffett says
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07:28 EDTMDLZOptions expected to be active
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06:28 EDTBUDAB InBev downgraded to Reduce from Overweight at HSBC
HSBC downgraded AB InBev two notches to Reduce from Overweight due to recent share strength. Price target is $111.
March 24, 2015
16:13 EDTAZOAutoZone authorized additional $750M for ongoing share repurchase program
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07:28 EDTSPLSStaples management to meet with UBS
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06:15 EDTCRICarter's price target raised to $107 from $100 at Citigroup
Citigroup raised its price target for shares of Carter's to $107 saying expansion in North America, margin improvement and share repurchases should drive double-digit earnings per share growth in each of the next three years. It calls Carter's a "standout" in the "intensely-competitive and highly-promotional" children’s apparel space. Citi reiterates a Buy rating on the name.
March 23, 2015
12:18 EDTTHOThor Industries management to meet with Sidoti
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10:00 EDTSPLSOn The Fly: Analyst Upgrade Summary
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06:37 EDTSPLSStaples upgraded to Buy from Neutral at UBS
UBS upgraded Staples (SPLS) to Buy based on favorable risk/reward and potential synergies and earnings growth from the Office Depot (ODP) acquisition. Price target raised to $20 from $18.
March 20, 2015
09:01 EDTJCPJ.C. Penney says general counsel Janet Dhillon to leave company
J.C. Penney said in a filing that effective March 20, Janet Dhillon, Executive Vice President, General Counsel and Secretary, is leaving J. C. Penney Company.
March 18, 2015
13:30 EDTJCPJ.C. Penney trades lower after news of executive departures
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10:18 EDTAZOEvercore ISI to hold a summit and tour
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March 17, 2015
15:41 EDTJCPJ.C. Penney General Counsel Janet Dhillon leaving, Bloomberg says
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10:29 EDTBUDAB InBev downgraded to Underperform from Neutral at Tigress Financial
06:57 EDTJCPJ.C. Penney CMO leaves company, effective immediately, AdAge reports
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March 16, 2015
08:08 EDTICONIconix Brand acquires full ownership of Iconix China
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