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Stock Market & Financial Investment News

News Breaks
January 10, 2013
19:18 EDTAXP, CVX, UPIP, KBR, LEG, BA, XRTX, ERICOn The Fly: After Hours Movers
HIGHER: Unwired Planet (UPIP), up 24% after announcing a patent agreement with Ericcson (ERIC)... Leggett & Platt (LEG), up 3.6% after raising its FY12 EPS view... Chevron (CVX), up 0.75% after saying Q4 earnings would be notably higher than Q3... DOWN AFTER EARNINGS: Xyratex (XRTX), down 5.75%... KBR (KBR), down 8.7% after lowering its FY12 EPS view... ALSO LOWER: American Express (AXP), down 0.5% after announcing preliminary Q4 results that beat Street estimates and said it was cutting 5,400 jobs by the end of the year... Boeing (BA), down 0.4% after a Bloomberg report said the FAA would review the 787 Dreamliner's power system.
News For UPIP;ERIC;LEG;CVX;XRTX;KBR;AXP;BA From The Last 14 Days
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May 21, 2013
16:10 EDTKBRKBR awarded FEED contract for world-scale LNG project in British Columbia
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14:26 EDTBABoeing volatility low into investor day
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10:33 EDTBABoeing confirms completion of 747-8 test flight
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09:16 EDTERICEricsson to close down telecom cable manufacturing
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07:43 EDTERICFierceWireless to host a breakfast meeting
Pre-Conference Breakfast at CTIA 2013 is being held in Las Vegas on May 21 at 10:30 am.
07:09 EDTBABoeing's Dreamliner returns to service in U.S. ,NY Times reportd
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May 20, 2013
11:25 EDTBABoeing volatility at low end of historic range as shares at record high
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09:58 EDTAXPAmerican Express management to meet with Buckingham
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08:08 EDTCVXEU to review fracking concerns, Reuters reports
Environmental concerns over the practice of hydraulic fracturing to get at shale gas will be on the EU's agenda this year, EU Energy Commissioner Guenther Oettinger told the German newspaper Die Welt, reports Reuters. Reference Link
07:20 EDTBABoeing price target raised to $105 from $98 at JPMorgan
JPMorgan raised its price target for Boeing citing expectations for higher 787 profitability and keeps an Overweight rating on the stock.
07:16 EDTBABoeing price target raised to $115 from $100 at Stifel
Stifel increased its price target on Boeing, citing several factors including resumption of 787 deliveries and production work on 787-9, improved margins, and better than expected results from its defense business. The firm keeps a Buy rating on the stock.
05:46 EDTBABoeing look to improve more Dreamliner systems, WSJ reports
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05:40 EDTCVXU.S. oil futures rally as many commodities decline, WSJ reports
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May 17, 2013
10:09 EDTBABoeing to host investor meeting
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May 16, 2013
11:08 EDTBABoeing announces 115 new 737 orders in weekly update
Boeing on its website announced 115 new orders in its weekly update consisting of 35 737s for Southwest Airlines, 70 737s for Turkish Airlines, and 10 737s for WestJet. In the changes category, Boeing reduced 737 net orders by 30.
06:20 EDTBABoeing price target raised to $112 from $105 at Citigroup
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06:03 EDTCVXYPF, Chevron agree to terms of Argentina shale investment, Reuters reports
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May 15, 2013
18:31 EDTCVXEcopetrol submits highest bids for three exploratory blocks in Brazil
Ecopetrol (EC) announces that it submitted the highest bids for three exploratory blocks in the 11th bidding round carried out yesterday by the ANP of Brazil in Rio de Janeiro. Ecopetrol has a 100% interest in the highest bids for the POT-M-567 and FZA-M-320 blocks and a 50% interest in the highest bid for the CE-M-715 block, which it submitted with Chevron (CVX) Brasil Ventures. The three blocks comprise an area of approximately 1,862 sq kilometers in the Potiguar, Foz de Amazonas and Ceara offshore basins.
17:30 EDTBAGE, Boeing warn of defective engine parts, WSJ reports
General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link
12:05 EDTAXPAmerican Express reports April net write-off rate 2.1% vs. 2.0% last month
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