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Stock Market & Financial Investment News

News Breaks
March 29, 2012
10:20 EDTUA, WFM, VZ, MTL, MGA, JNS, HFC, ONE, BKI, AXP, MDRX, 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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September 23, 2014
12:19 EDTTAT&T, Vodafone 'laying groundwork' for deal, BSN reports
Vodafone (VOD) and AT&T (T) are "laying the groundwork" for a possible acquisition, merger or partnership deal, according to Bright Side of News, citing sources close to both companies. Shares of Vodafone have moved out of negative territory and are up 0.5% following the report. Reference Link
10:02 EDTHFCOn The Fly: Analyst Initiation Summary
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09:40 EDTWFMWhole Foods checks indicate stabilizing trends, says Detwiler Fenton
07:54 EDTMDRXLeerink to hold a conference
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06:05 EDTHFCHollyFrontier initiated with a Neutral at JPMorgan
Target $53.
05:26 EDTMGAMagna expands in India
Magna International announces the establishment of two new facilities in the Sanand region of the state of Gujarat, India, as the company continues to expand its global engineering and manufacturing footprint. While the new plants reflect business awards for vehicle programs built off global-platforms, they also help position Magna for further growth in India as vehicle production expands.
September 22, 2014
12:16 EDTMTLMost likely scenario for Mechel is bankruptcy, Reuters reports
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11:00 EDTUAUnder Armour management to meet with SunTrust
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10:01 EDTTGernin Group and AT&T's Otter Media to acquire majority stake in Fullscreen
Otter Media, a venture between The Chernin Group and AT&T, agreed to purchase a majority stake in Fullscreen, a global online media company. As part of the deal, Fullscreen CEO and Founder George Strompolos will continue as CEO and maintain a material ownership stake in the company. Otter Media was established by AT&T and The Chernin Group to invest in, acquire and launch over-the-top video services. Fullscreen's management team will all continue in their roles in the company. The transaction is expected to close within the next month, subject to regulatory approval. WPP, which had invested in Fullscreen in a round of Series A funding led by The Chernin Group in 2013, will continue as a strategic shareholder in the company.
09:38 EDTMTLActive equity options trading on open
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07:14 EDTT, VZGSM Association to hold a conference
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September 19, 2014
05:21 EDTMGAMagna announces cooperation regarding regulatory investigation
Magna International announced that the CADE, Brazil's competition authority, has attended at the offices of a subsidiary in Brazil, in connection with an ongoing antitrust investigation. Magna's policy is to comply with all applicable laws, including antitrust and competition laws, and we intend to cooperate with CADE in this investigation.
September 18, 2014
14:31 EDTAXPCapital One said to bump Amex as Costco Canada card issuer, Bloomberg says
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14:14 EDTAXPCapital One said to replace American Express as Costco Canada card issuer
MasterCard said to be processor for new Costco Canada cards. Reported by Bloomberg.
12:23 EDTTAT&T ex-partners look to FCC to hinder DirecTV offer, Reuters says
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11:53 EDTAXPCostco to stop accepting Amex cards in Canada on Jan 1, 2015 Globe and Mail says
Costco (COST) said it will not renew its credit card relationship with American Express (AXP) when it expires on December 31 of this year. Therefore, it will not accept Amex cards in Canada beginning January 1, 2015, The Globe and Mail reports. Reference Link
09:46 EDTJNSJanus Capital initiated with a Strong Sell at Off Wall Street Research at undefined
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09:36 EDTWFMActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL YHOO TWTR VVUS RAD PWE WFM TSLA PIR SHLD
09:34 EDTTAT&T extends NetBond security services to IBM SoftLayer platform
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09:22 EDTUABack to school season healthy for footwear, says Sterne Agee
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