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Stock Market & Financial Investment News

News Breaks
March 29, 2012
10:20 EDTMTL, HFC, AXP, WFM, MGA, ONE, MDRX, VZ, JNS, BKI, UA, TOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AT&T (T) downgraded to Neutral from Outperform at RW Baird...Allscripts (MDRX) downgraded to Hold from Buy at Auriga...American Express (AXP) downgraded to Market Perform from Outperform at Wells Fargo...Buckeye Technologies (BKI) downgraded to Sector Perform from Outperform at RBC Capital...Higher One (ONE) downgraded to Neutral from Buy at Goldman...HollyFrontier (HFC) downgraded to Neutral from Outperform at Credit Suisse...Janus Capital (JNS) downgraded to Hold from Buy at Jefferies...Magna (MGA) downgraded to Sell from Neutral at Citigroup...Mechel (MTL) downgraded to Neutral from Buy at UBS...Verizon (VZ) downgraded to Neutral from Outperform at RW Baird...Whole Foods (WFM) downgraded to Neutral from Buy at Goldman...Under Armour (UA) downgraded to Neutral from Buy at Longbow.
News For T;MDRX;AXP;BKI;ONE;HFC;JNS;MGA;MTL;VZ;WFM;UA From The Last 14 Days
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April 16, 2014
09:03 EDTMDRXAllscripts should see core business stability, says RW Baird
Baird said recent restructuring actions and strong bookings at Allscripts will lead to predictable P&L performance and help narrow its valuation discount to its peers. The firm maintains an Outperform rating and $23 price target on Allscripts.
April 15, 2014
14:48 EDTAXPEarnings Preview: American Express to report results amid positive card trends
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13:49 EDTVZEarnings Preview: Analysts optimistic on Intel ahead of Q1 report
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12:03 EDTAXPAmerican Express reports March write-off rate 1.8% vs. 1.7% last month
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10:00 EDTMDRXOn 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.
06:53 EDTAXPAmazon.com rejects bitcoin, doesn't rule out payment network, Re/code says
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06:43 EDTAXPFormer AmEx Singapore employee fined for client data misuse, Bloomberg says
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April 14, 2014
16:51 EDTMDRXAllscripts reinstated with an Outperform at Raymond James
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10:02 EDTWFMOn The Fly: Analyst Downgrade Summary
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09:54 EDTWFMWhole Foods price cuts in Boston predicted to weigh on profits
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09:10 EDTT, VZT-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTVZ, TT-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
07:06 EDTVZU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
06:31 EDTWFMWhole Foods downgraded to Hold from Buy at BB&T
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April 11, 2014
09:19 EDTVZANADIGICS ships AWC6383 dual-band ProVantage PA to Samsung
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07:40 EDTMGAMagna price target raised to $110 from $93 at Morgan Stanley
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07:26 EDTVZ, TTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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April 10, 2014
06:29 EDTTAT&T in talks to bring ultrafast internet to North Carolina, WSJ reports
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06:25 EDTWFMCompetition, overexpansion hurting Whole Foods competitors, WSJ reports
Sales growth at specialty-grocery chains like Fairway (FWM), Sprouts (SFM) and Fresh Market (TFM), which feature natural and organic foods, has been hurt by competition and mistakes like overexpansion, the Wall Street Journal reports. These companies compete with Whole Foods (WFM). Reference Link
06:14 EDTMTLMechel reports joint project with Russia's Federal Labor and Employment Service
Mechel announces the launch of a pilot project on stepping up the efficiency of measures for improvement of labor conditions at the Group's enterprises. The project will be implemented jointly with Russia's Federal Labor and Employment Service as part of that agency's new activity model Open Labor Inspection, which is due to be set up in the Russian Federation by 2018. As part of the project, a monitoring will be held in 2014, analyzing work conditions and labor safety systems in 21 of Mechel's facilities. As a result, a comprehensive plan for improving work conditions will be designed, taking into account the newest amendments to Russian labor law.
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