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Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:36 EDTTXNTexas Instruments upgraded to Buy from Neutral at ISI Group
ISI Group upgraded Texas Instruments based on improving macro indicators, a favorable inventory backdrop, a sizeable distribution business, and outsized margin leverage. Price target raised to $37 from $27.
News For TXN From The Last 14 Days
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June 14, 2013
14:25 EDTTXNMoody's revises Texas Instruments outlook to positive from stable
Moody's Investors Service revised the rating outlook for Texas Industries to positive from stable and affirmed its existing ratings, including its Caa1 corporate family rating and Caa1-PD probability of default rating. Moody's also assigned a first time speculative grade liquidity rating of SGL-3. Reference Link
June 11, 2013
09:16 EDTTXNOn The Fly: Pre-market Movers
HIGHER: Dole Food (DOLE), up 21.9% after CEO offers buyout at $12 per share... Questcor (QCOR), up 32% after buying rights to develop Synacthen and Synacthen Depot in the U.S. from Novartis (NVS), upgrade to Buy at CRT Capital... CardioNet (BEAT), up 44% after announcing a three-year national provider agreement with UnitedHealthcare Insurance (UNH)... Catamaran (CTRX), up 13.2% after announcing a ten-year strategic pharmacy benefits deal with Cigna (CI)... Sprint (S), up 2% after Softbank (SFTBF) increases buyout offer terms. Clearwire (CLWR) up 1.2%. LOWER: lululemon (LULU), down 14.9% after reporting earnings, CEO announces plans to step down, stock downgraded at Sterne Agee and UBS... Texas Instruments (TXN), down 2% after narrowing second quarter revenue, earnings forecast ranges... Corinthian Colleges (COCO), down 15.4% after disclosing the receipt of a subpoena from the SEC. Corinthian peer Career Education (CECO) 5.5%... Kinross Gold (KGC), down 5.5% after canceling development project in Ecuador, taking $720M charge, stock downgraded at Canaccord. DOWN AFTER EARNINGS: LDK Solar (LDK), down 8.5%.
June 10, 2013
17:44 EDTTXNTexas Instruments says Q2 tracking consistent with expectations, orders strong
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16:34 EDTTXNTexas Instruments narrows Q2 revenue view to $2.99B-$3.11B from $2.93B-$3.17B
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16:33 EDTTXNTexas Instruments narrows Q2 EPS view to 39c-43c from 37c-45c, consensus 42c

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