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Stock Market & Financial Investment News

News Breaks
March 14, 2012
07:48 EDTUPS, ODFL, JBHT, PCP, WERN, ESL, TGH, CAP, CNW, BOX, BA, TAL, TDGJP Morgan to host a conference
Aviation, Transportation & Defense Conference is being held in New York on March 13-15 with webcasted company presentations to begin on March 14 at 8 am; not all company presentations may be webcasted. Webcast Link
News For WERN;TDG;CNW;PCP;TAL;CAP;JBHT;BA;TGH;ODFL;BOX;ESL;UPS From The Last 14 Days
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August 21, 2015
17:46 EDTBABoeing on schedule to meet 737 MAX production targets, Reuters says
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06:07 EDTBABoeing, GKN grapple to produce critical component for 737 Max, WSJ reports
Boeing (BA) and GKN PLC (GKNLY), a key supplier, are grappling to produce a critical component for the updated version of its 737 jet, The Wall Street Journal reports. Boeing has plans to quickly boost production of the 737 Max, but difficulty consistently manufacturing part of the engine thrust reverser, industry executives and engineers are concerned that a shortage of the part could derail Boeing's ambitious plans, the report says. Reference Link
August 20, 2015
17:52 EDTUPSUPS pilots President issues statement on FedEx/ALPA tentative agreement
The following statement is from Captain Robert Travis, President of the Independent Pilots Association regarding the tentative pilot labor agreement between FedEx (FDX) and ALPA: "We congratulate our pilot peers and FedEx on reaching a new tentative collective bargaining agreement. While we have not seen the details, the IPA will refrain from commenting on the merits of the tentative agreement until the ALPA ratification process has been completed. If approved, however, the FedEx pilot contract will bring labor peace to our largest competitor. In sharp contrast, UPS (UPS) management has created a bitter standoff with its pilot employees, unnecessarily dragging out contract talks for four years. UPS must not allow itself to be left behind by FedEx. The IPA calls on UPS management to work with its pilots to expeditiously achieve an agreement."
12:05 EDTBABoeing reports eight new orders in weekly update
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08:18 EDTUPSUPS management to meet with UBS
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05:47 EDTBABoeing says Qantas intends to purchase eight 787-9 Dreamliners
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August 19, 2015
16:34 EDTBAAir Lease delivers one Boeing 737-800 to American Airlines
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13:15 EDTBOXBox to open NYC headquarters, hires Adam Ross to lead financial services team
Earlier today, Box (BOX) announced it is opening a full-scale office in New York City to expand its global presence and better serve its fast-growing enterprise customer base. The company also announced that Adam Ross has joined Box to lead the company's financial services team as a part of the Box for Industries initiative. Mr. Ross, who will be based in New York City, will be responsible for driving Box's strategy in the financial services industry, speeding adoption of Box's secure content collaboration platform with banks, insurance companies, and investment and advisory firms globally. "Now more than ever, the most highly regulated industries - from financial services to healthcare - require modern digital technologies that accelerate business and deal with outdated compliance procedures, new regulations, and cybersecurity threats," said Aaron Levie, CEO and co-founder, Box. "We're thrilled to be building out a presence on the East Coast where we'll continue hiring the best talent to bring our secure enterprise cloud platform to customers with the most strict technology needs and requirements." Ross brings more than 20 years of financial services industry experience to Box. Most recently, Ross was VP of Global Corporate Solutions at NASDAQ (NDAQ), where he helped lead the development and delivery of a state-of-the-art, cloud-based suite of products and services to thousands of global customers.
09:50 EDTPCPPrecision Castparts downgraded to Neutral from Buy at Citi
Citi last night downgraded Precision Castparts (PCP) to Neutral saying it does not see another potential buyer emerging to compete with Berkshire Hathaway (BRK.A). Berkshire's offer is likely a "good enough" outcome for Precision Castparts, CIti stated. It lowered its price target for shares to $235 from $246.
09:33 EDTBAActive equity options trading on open
Active equity options trading on open: AAPL BAC FB BA TWTR NFLX WMT BABA
August 18, 2015
17:44 EDTCNWCon-way initiated with a Buy at Evercore ISI
Target $44.
14:01 EDTUPSUPS completes Coyote Logistics acquisition
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10:19 EDTPCPOptions with increasing implied volatility
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10:00 EDTPCPOn The Fly: Analyst Downgrade Summary
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06:39 EDTUPSUSPS boosts same-day delivery to compete with FedEx, UPS, Amazon, WSJ says
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06:12 EDTPCPPrecision Castparts downgraded to Neutral from Buy at UBS
UBS analyst David Strauss downgraded Precision Castparts (PCP) to Neutral saying a higher competing takeover bid to Berkshire Hathaway's (BRK.A) is unlikely to emerge. The analyst lowered his price target for Precision Castparts to $235 from $244.
06:03 EDTBABoeing's test flight of aerial refueling tanker to be delayed, WSJ reports
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August 17, 2015
18:16 EDTWERNWerner increases quarterly dividend 20%
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10:55 EDTPCPOptions with increasing implied volatility
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07:34 EDTBOXLeerink to hold a bus tour
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