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Stock Market & Financial Investment News

News Breaks
June 30, 2014
10:18 EDTVECO, PHGVeeco has positive read through from Philips spinoff effort, says Wedbush
After Philips (PHG) said it would look to spin off its LED unit, Wedbush thinks Philips' announcement suggests that it expects LED makers to have large capex in 2015-2016. Wedbush, however, keeps a $35 price target and Neutral rating on Veeco.
News For VECO;PHG From The Last 14 Days
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October 21, 2014
15:25 EDTVECOEarnings Preview: Cree reports after pre-announcing Q1 miss
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10:00 EDTPHGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AbbVie (ABBV) downgraded to Neutral from Buy at Guggenheim... BHP Billiton (BHP) downgraded to Hold from Buy at Jefferies... Bank of Marin (BMRC) downgraded to Market Perform from Outperform at Keefe Bruyette... Cobalt (CIE) downgraded to Speculative Buy from Buy at Global Hunter... Consolidated Edison (ED) downgraded to Underweight at Morgan Stanley... Deutsche Post (DPSGY) downgraded to Hold from Buy at Deutsche Bank... HCP (HCP) downgraded to Hold from Buy at Jefferies... IBM (IBM) downgraded to Hold from Buy at Evercore... Inland Real Estate (IRC) downgraded to Underperform from Neutral at BofA/Merrill... PerkinElmer (PKI) downgraded to Neutral from Buy at Janney Capital... Philips (PHG) downgraded to Neutral at UBS... QEP Midstream Partners (QEPM) downgraded to Market Perform at Wells Fargo... Rent-A-Center (RCII) downgraded to Market Perform from Outperform at Raymond James... Rhino Resources (RNO) downgraded to Underperform from Market Perform at Raymond James... Universal Forest (UFPI) downgraded to Neutral from Buy at Sterne Agee.
08:18 EDTPHGPhilips downgraded to Neutral at UBS
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08:01 EDTPHGPhilips downgraded to Neutral from Buy at UBS
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October 20, 2014
05:46 EDTPHGPhilips says remains committed to 2016 financial targets
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05:44 EDTPHGPhilips reports Q3 net income EUR (103M) vs. EUR 281M last year
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