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Stock Market & Financial Investment News

News Breaks
January 7, 2013
18:47 EDTTISI, URRE, CCJ, AXAS, YUM, KND, PLXS, CLMTOn The Fly: After Hours Movers
UP AFTER EARNINGS: Team (TISI), up 5%... ALSO HIGHER: Uranium Resources (URRE), up 13.9% after announcing an extension of a joint venture with Cameco (CCJ)... Wet Seal (WTSLA), up 3.7% after naming John Goodman CEO... Abraxas Petroleum (AXAS), up 3.2% after its CEO said the company expects a 2013 production boost from its Eagle Ford and Bakken sites... DOWN AFTER GUIDANCE: Yum! Brands (YUM), down 5.2% after lowering its China SSS guidance to down 6% from down 4%... Kindred Healthcare (KND), down 2.4% after lowering its FY13 EPS view... Plexus (PLXS), down 3.2% after cutting its Q1 EPS and revenue view... ALSO LOWER: Calumet Specialty Products (CLMT), down 4.5% after the company announced a 5M-unit public offering of common units.
News For TISI;URRE;CCJ;AXAS;YUM;KND;PLXS;CLMT From The Last 14 Days
Check below for free stories on TISI;URRE;CCJ;AXAS;YUM;KND;PLXS;CLMT the last two weeks.
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September 18, 2014
13:47 EDTYUMPizza Hut opens first restaurant in Africa, plans to open dozens more
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07:52 EDTYUMPizza Hut testing 30% lower calorie pie, USA Today reports
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September 17, 2014
07:35 EDTAXASImperial Capital to hold a conference
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September 15, 2014
17:35 EDTYUMChurchill Downs, Yum! Brands extend five-year Kentucky Derby agreement
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16:17 EDTAXASAbraxas Petroleum provides operations update for Williston Basin, Eagle Ford
Williston Basin: At Abraxas’ North Fork prospect, in McKenzie County, North Dakota, the Ravin 5H, 6H and 7H, which are testing 660 foot spacing in the Middle Bakken, are flowing back at very encouraging rates. Henceforth, Abraxas will provide average per well rates across a group of pad drilled wells in the same formation, opposed to providing individual well results in the Bakken. As an example, the Ravin 5H, 6H and 7H have been on production an average of 27 days and on average produced 1,269 boepd per well over that period. The Ravin 4H, which was impacted by a mechanical issue, has been remediated and is scheduled to be fracture stimulated in late September. In the Stenehjem unit, Abraxas recently set production casing in the lateral of the 2H, is currently drilling the lateral section of the Stenehjem 3H at 16,289 feet MD and will drill the lateral of the 4H immediately thereafter. After full title review, Abraxas owns a working interest of approximately 53% and 73% in the Ravin and Stenehjem wells, respectively. Eagle Ford: At Abraxas’ Jourdanton prospect in Atascosa County, Texas, the Ribeye 1H was recently placed on pump and is producing to sales at reasonable rates. The Ribeye 2H was recently placed on pump and is producing to sales at encouraging rates. 30 day rates will be provided when available. Abraxas owns a 100% working interest across the Jourdanton prospect. At Abraxas’ Cave prospect, in McMullen County, Texas, the Company successfully drilled and cased the Dutch 3H. The Company recently reached TD on Dutch 4H at 19,078 feet MD. The two wells are scheduled to be fracture stimulated in late September. Abraxas holds a 100% working interest in the Dutch 3H and 4H. At Abraxas’ Dilworth East prospect, in McMullen County, Texas, the Company recently leased 500 incremental net acres. The prospect now consists of a combined 940 net contiguous acres and can accommodate up to ten 5,000 foot laterals.
16:15 EDTAXASAbraxas Petroleum raises Q3 production view to 6,900-7,000 boepd
Prior view was 6,500-6,700 boepd.
09:59 EDTTISIOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Realty (ARCP) initiated with an Overweight at JPMorgan... Athlon Energy (ATHL) initiated with a Buy at KLR Group... Capital Product (CPLP) initiated with a Buy at Jefferies... Continental Resources (CLR) initiated with a Buy at Canaccord... Costco (COST) initiated with a Buy at Citigroup... Infinera (INFN) initiated with an Outperform at Barrington... NRG Yield (NYLD) initiated with an Outperform at RBC Capital... PTC Therapeutics (PTCT) initiated with a Buy at Deutsche Bank... Power Solutions (PSIX) initiated with an Outperform at Northland... ServiceNow (NOW) initiated with an Outperform at William Blair... Target (TGT) initiated with a Neutral at Citigroup... Team (TISI) initiated with a Neutral at Sidoti... VeriFone (PAY) initiated with a Buy at Monness Crespi... Wal-Mart (WMT) initiated with a Neutral at Citigroup... Whiting Petroleum (WLL) initiated with a Buy at Canaccord... Winnebago (WGO) initiated with an Outperform at BMO Capital.
08:59 EDTTISITeam initiated with a Neutral at Sidoti
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06:11 EDTYUMYum! Brands looking beyond pizza, tacos to Banh concept, USA Today reports
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September 12, 2014
14:06 EDTCCJCameco says tentative collective agreement reached with USL 8914
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September 10, 2014
16:15 EDTYUMYum! Brands increases quarterly dividend 11% to 41c from 37c
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September 9, 2014
07:12 EDTAXASEuro Pacific to hold a conference
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September 8, 2014
16:13 EDTURREUranium Resources unit to acquire certain uranium assets from Rio Grande
Uranium Resources entered into an Asset Exchange Agreement with Rio Grande Resources Corporation, whereby a wholly owned subsidiary of URRE will acquire from Rio Grande Resources certain uranium properties located in South Texas near URRE’s processing facilities. These properties cover approximately 8,834 acres and include the Alta Mesa Este, Sejita Dome and Butler Ranch projects, which are mid-term, in-situ recovery uranium projects located within approximately 75 miles of either URRE’s Rosita processing plant or Kingsville Dome processing plant. There is no cash nor common stock consideration to effect this land swap agreement. In exchange for the South Texas properties, the company will transfer to Rio Grande Resources two parcels of fee-owned mineral rights and a royalty interest in the Roca Honda area of west-central New Mexico. URRE is retaining certain prospective leases, mining claims and fee-owned mineral interests on separate parcels in the Roca Honda area totaling 3,068 acres, including interests on Sections 8 and 17 as well as the Endy claims over several sections north and east of Energy Fuels Inc.’s Roca Honda uranium deposit. The exchange is subject to satisfaction of customary closing conditions and is expected to close in the fourth quarter of 2014.
11:16 EDTAXASAbraxas Petroleum sees Q3 total production 6,500-6,700 boepd
Sees FY14 total production 5,800-6,000 boepd. Sees Q3 CapEx $56M, FY14 CapEx $190M. Comments from slides that will be presented at the EuroPac conference.

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