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Stock Market & Financial Investment News

News Breaks
March 29, 2012
10:20 EDTJNS, BKI, UA, MTL, HFC, AXP, WFM, MGA, ONE, MDRX, VZ, 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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June 19, 2013
07:13 EDTT, VZTelecom industry looks to grow through acquisition, Bloomberg reports
Global telecommunications companies are chasing after deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006, reports Bloomberg. Over $80B in telecommunications and cable transactions have already been announced or completed this year Reference Link
June 18, 2013
13:51 EDTTBlackBerry's Q10 to be available at AT&T June 21, Cnet says
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12:21 EDTMTLOn The Fly: Midday Wrap
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10:00 EDTMTLMechel rises 9.5%
Mechel is up 9.5%, or 27c, to $3.11
09:54 EDTMTLMechel announces buyback program
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07:51 EDTBKIGeorgia-Pacific extends tender offer for all shares of Buckeye Technologies
Georgia-Pacific announced that an entity controlled by Georgia-Pacific, GP Cellulose Group, has extended the expiration of its previously announced tender offer for all of the outstanding shares of common stock of Buckeye Technologies at $37.50 per share, net to the holder in cash, to June 25, unless further extended. The depositary for the tender offer has advised Georgia-Pacific that approximately 32,956,603 shares have been validly tendered and not properly withdrawn in the offer. This represents approximately 82 percent of the 40,127,758 shares of Buckeye Technologies' common stock issued and outstanding, on a fully-diluted basis, as of June 17.
07:42 EDTTO'Reilly Media to hold a conference
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06:14 EDTVZVerizon eyes Canada's Wind Mobile, Bloomberg reports
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June 17, 2013
12:04 EDTAXPAmerican Express reports May net write-off rate 1.9% vs. 2.1% last month
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11:18 EDTVZ, TSamsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link
11:10 EDTTSierra Wireless is likely beneficiary General Motors vehicle connectivity, says Avondale
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09:55 EDTT, VZVerizon considering move into Canada, Globe and Mail says
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07:13 EDTTTelefonica denies it received $93B offer from AT&T, Reuters reports
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06:14 EDTTOn the Fly: Periodicals Wrap-Up
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June 14, 2013
10:10 EDTAXPOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Express (AXP) downgraded to Equal Weight from Overweight at Barclays... AngloGold (AU) downgraded to Sell from Neutral at UBS... DuPont (DD) downgraded to Neutral from Buy at BofA/Merrill... Myriad Genetics (MYGN) downgraded to Neutral from Buy at BofA/Merrill... Progress Software (PRGS) downgraded to Hold from Buy at Needham... Rubicon (RBCN) downgraded to Sell from Neutral at Goldman... Southern Company (SO) downgraded to Hold from Buy at Jefferies... SunTrust (STI) downgraded to Neutral from Buy at UBS... Wells Fargo (WFC) downgraded to Neutral from Buy at Sterne Agee... FIS (FIS) downgraded to Neutral from Outperform at RW Baird... SM Energy (SM) downgraded to Hold from Buy at Societe Generale..Wells Fargo (WFC) downgraded at Sterne Agee.
07:21 EDTTClinton Global Initiative to host to host a meeting
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07:15 EDTVZ, TNSA data not collected directly from Verizon Wireless, T-Mobile, WSJ says
Because of their foreign ownership ties, Verizon Wireless (VZ, VOD) and T-Mobile USA (TMUS, DTEGY) do not have data on their calls collected directly by the National Security Agency, according to The Wall Street Journal, citing people familiar with the matter. The Journal's sources said the other two nationwide carriers, AT&T (T) and Sprint (S), have long cooperated with the government and officials believe they can still capture information on 99% of U.S. phone traffic because nearly all calls eventually travel over the networks owned by other cooperating companies. Reference Link
06:14 EDTAXPAmerican Express downgraded to Equal Weight from Overweight at Barclays
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June 13, 2013
16:50 EDTMDRXOnePartner extends partnership with Allscripts
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10:05 EDTAXPOn The Fly: Analyst Initiation Summary
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