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Stock Market & Financial Investment News

News Breaks
January 9, 2014
07:51 EDTSTOAs Norway loosens control, Statoil looks abroad for deals, Businessweek reports
Statoil, the state oil producer controlled which accounts for about 20% of Norway's benchmark index, may soon be looking abroad for deals, reports Bloomberg Businessweek. Encouraged by a newly elected conservative government thatís considering reducing the stateís 67% stake, Statoil is studying overseas acquisitions, sources say. The plan would be to diversify away from Norway while diluting the stateís $51B shareholding, sources added. Reference Link
News For STO From The Last 14 Days
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April 15, 2014
10:00 EDTSTOOn The Fly: Analyst Initiation Summary
Allscripts (MDRX) reinstated with an Outperform at Raymond James... Amber Road (AMBR) initiated with a Buy at Canaccord... Autonation (AN) coverage assumed with a Market Perform at Wells Fargo... BG Group (BRGYY) initiated with an Outperform at BMO Capital... Borderfree (BRDR) initiated with a Buy at Canaccord... Dean Foods (DF) initiated with a Buy at BB&T... Destination XL (DXLG) initiated with a Buy at Ascendiant... Group 1 Automotive (GPI) coverage assumed with a Market Perform at Wells Fargo... Halozyme (HALO) initiated with a Buy at Citigroup... MakeMyTrip (MMYT) initiated with a Neutral at Goldman... Penske Automotive (PAG) coverage assumed with a Market Perform at Wells Fargo... RPM (RPM) initiated with an Outperform at Wells Fargo... RSP Permian (RSPP) initiated with a Buy at KLR Group... Repligen (RGEN) initiated with a Buy at Jefferies... Spansion (CODE) initiated with a Buy at Sterne Agee... Statoil (STO) initiated with a Market Perform at BMO Capital... TPG Specialty Lending (TSLX) initiated with a Buy at BofA/Merrill... Versartis (VSAR) initiated with a Buy at Citigroup... WWE (WWE) initiated with a Buy at Needham... WebMD (WBMD) reinstated with a Strong Buy at Raymond James.
08:01 EDTSTOStatoil initiated with a Market Perform at BMO Capital
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April 10, 2014
10:00 EDTSTOOn The Fly: Analyst Downgrade Summary
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09:11 EDTSTOStatoil downgraded to Underperform from Neutral at Exane BNP Paribas
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April 8, 2014
05:26 EDTSTOStatoil downgraded to Hold from Buy at Societe Generale
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April 7, 2014
10:00 EDTSTOOn The Fly: Analyst Downgrade Summary
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05:43 EDTSTOStatoil downgraded to Sell from Neutral at Goldman

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