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Stock Market & Financial Investment News

News Breaks
February 12, 2014
07:16 EDTWM, CVE, MS, DUK, NRG, SLB, IBMInternational Business Forum to hold a summit
Cleantech Innovation Summit is being held in Newport Beach, CA on February 12.
News For WM;CVE;MS;DUK;NRG;SLB;IBM From The Last 14 Days
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August 17, 2014
17:42 EDTSLBSchlumberger should see profits increase, Barron's says
Schlumberger should see profits increase as the company focuses on its North American business, Barron's contends in its cover article. Reference Link
August 15, 2014
16:10 EDTIBMIBM issues statement on U.S. regulatory approval of x86 server sale to Lenovo
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06:48 EDTMSMorgan Stanley settles overtime pay suit with $4.2M, Reuters says
Morgan Stanley and sales assistants in the firm's wealth management division system who alleged that they were owed overtime compensation finally agreed to settle the matter with $4.2M, according to Reuters, citing comments from a company spokeswoman in an e-mail. The spokeswoman said, “Morgan Stanley maintains robust policies to ensure that non-exempt employees are paid for all time worked. However, with this settlement we will put an end to protracted and expensive litigation that is a distraction from our business.” Reference Link
August 14, 2014
07:06 EDTNRGNRG Energy to acquire Goal Zero, terms not disclosed
NRG Energy and Goal Zero have reached an agreement that will bring the rapidly growing consumer products company into the NRG family of companies. The acquisition aligns with NRG’s mission to lead the market in offering cleaner, smarter choices and sustainable lifestyle solutions to end-use energy consumers across the country. Financial terms of the transaction were not disclosed. The transaction is subject to customary closing conditions, including regulatory clearances, and is expected to be finalized in the third quarter.
August 13, 2014
06:19 EDTMSBanks pressing Federal Reserve to delay rule on investments, WSJ says
Banks are pushing U.S. policy makers for a delay of a rule that requires them to sell investments in private-equity and venture-capital funds, reports the Wall Street Journal. According to people familiar with the effort, bank officials, trade groups and lawmakers are lobbying the Federal Reserve to delay the rule for up to seven years that limits banks' investments. Reference Link
August 12, 2014
08:03 EDTSLBSchlumberger sees Q3 Russian sanctions impact of up to 3c per share
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07:48 EDTMSBanks posted second-highest profit in 23 years in second quarter, WSJ says
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August 11, 2014
16:14 EDTSLBOneSubsea, Helix, Schlumberger to form subsea well intervention alliance
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14:29 EDTNRGNRG Energy reports 6.6% FuelCell stake after financing agreements
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08:33 EDTIBMIBM acquires Lighthouse Security Group
IBM announced it has acquired the business operations of Lighthouse Security Group, LLC, a cloud security services provider. Lighthouse Security Group's Gateway platform protects identity and data. Lighthouse Security Group is a subsidiary of Lighthouse Computer Services, Inc. Financial terms were not disclosed.
August 8, 2014
10:34 EDTNRGNRG Energy initiated with a Neutral at Tigress Financial
07:18 EDTMSRegulators direct banks to steer mortgage aid to hard-hit areas, FT says
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06:44 EDTIBMNew IBM chip identifies patterns, NY Times says
IBM has developed a new type of computer chip that tries to imitate the pattern identifying powers of human brains, according to The New York Times. The chip could eventually perform calculations that today's supercomputers are not capable of, the newspaper added. Reference Link
August 7, 2014
18:03 EDTIBMCSC, IBM expand alliance to accelerate customers transition to the cloud
Leading technology companies CSC (CSC) and IBM (IBM) announced they are building on their existing alliance with new ways to help global customers accelerate their transition to the cloud. Both companies will collaborate on consulting, apps modernization tools, big data and analytics, cloud and mobile capabilities, and security to create a single, consumable services framework.
12:02 EDTIBMIBM selected by Shanghai Wind Information
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09:03 EDTDUKDuke Energy Florida to auction tools and equipment from retired nuclear plant
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07:29 EDTNRGNRG Energy reaffirms FY14 adjusted EBITDA view $3.2B-$3.4B
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07:28 EDTNRGNRG Energy reports Q2 EPS (30c), may not comapre to consensus 15c
Reports Q2 revenue $3.62B, consensus $2.5B.
07:03 EDTDUKDuke Energy raises FY14 adjusted EPS view to $4.50-$4.65 from $4.45-$4.60
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07:02 EDTDUKDuke Energy reports Q2 adjusted EPS $1.11, consensus 98c
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