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Stock Market & Financial Investment News

News Breaks
February 27, 2013
05:55 EDTURS, URSURS Corporation management to meet with Sterne Agee
Meeting to be held in Boston on March 6 hosted by Sterne Agee.
News For URS From The Last 14 Days
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July 15, 2014
10:46 EDTURSURS Corporation downgraded to Hold from Buy at Standpoint Research
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July 14, 2014
12:21 EDTURSOn The Fly: Midday Wrap
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10:00 EDTURSOn The Fly: Analyst Downgrade Summary
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09:27 EDTURSAECOM Technology acquisition terms represent fair value, says RW Baird
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09:16 EDTURSOn The Fly: Pre-market Movers
HIGHER: Citigroup (C), up 3.6% after reporting better than expected Q2 results, announcing $7B settlement with DOJ and FDIC... Apple (AAPL), up 0.7% after Barclays upgrades stock to Overweight, Morgan Stanley raises Apple estimates above consensus... Shire (SHPG), up 1.6% after receiving revised proposal from AbbVie (ABBV) of GPB 53.20 per share, which it says it would be willing to recommend to Shire shareholders. AbbVie is down 2.8% after the news... Mylan (MYL), up 4% after acquiring Abbott's (ABT) non-U.S. developed markets specialty and branded generics business in all-stock transaction valued at about $5.3B. Abbott up 1.6% after the news... Progenics (PGNX), up 13% after FDA says RELISTOR can be approved on data submitted in sNDA... Exelixis (EXEL), up 13% after announcing coBRIM Phase 3 trial met primary endpoint... URS (URS) up 8% after acquired by AECOM Technology (ACM) for $56.31 per share. AECOM shares alos up 2% after deal announcement... Whiting Petroleum (WLL), up 4.5% after agreeing to acquire Kodiak Oil & Gas (KOG) in a $6B transaction. Kodiak Oil & Gas up 3%... Kandi Technologies (KNDI), up 11% after announcing JV's sale of 4,114 EVs in Q2. LOWER: Riverbed (RVBD), down 4.5% after saying it sees its Q2 adjusted EPS at low end of 26c-28c range... Harmonic (HLIT), down 13% after reporting preliminary Q2 earnings results.. EBay (EBAY), down 0.5% after downgraded at Pacific Crest, confirming partnership plans with Sotheby's (BID).
08:59 EDTURSJana Partners reports 9.8% passive stake in URS Corporation
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08:33 EDTURSAECOM Technology expects to return to lower debt levels by 2017
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08:19 EDTURSURS Corporation downgraded to Neutral from Buy at DA Davidson
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08:01 EDTURSAECOM Technology to host conference call
Conference call to discuss the acquisition of URS Corporation will be held on July 14 at 8 am. Webcast Link
07:38 EDTURSURS volatility expected to move on AECOM Technology acquiring for $4B
URS (URS) option implied volatility is expected to move on AECOM Technology (ACM) acquiring all outstanding shares of URS for a combination of cash and stock valued at approximately $4B or $56.31 per URS share. Overall option implied volatility of 49 is above its 26-week average of 29 according to Track Data, suggesting large near term price movement.

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