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Stock Market & Financial Investment News

News Breaks
August 13, 2014
20:25 EDTWMT, WMT, PRGO, PRGO, KSS, KSS, AAP, AAP, HMHC, HMHC, RRGB, RRGB, BGG, BGGNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Wal-Mart (WMT), consensus $1.21; Perrigo (PRGO), consensus $1.55; Kohl's (KSS), consensus $1.07; Advance Auto Parts (AAP), consensus $2.01; Houghton Mifflin (HMHC), consensus 14c; Red Robin (RRGB), consensus 90c; and Briggs & Stratton (BGG), consensus 36c.
News For WMT;PRGO;KSS;AAP;HMHC;RRGB;BGG From The Last 14 Days
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January 21, 2015
17:35 EDTBGGBriggs & Stratton raises low-end of FY15 EPS view to $1.20-$1.35
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17:31 EDTBGGBriggs & Stratton reports Q2 adjusted EPS 26c, consensus 14c
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13:38 EDTWMTEarnings Preview: eBay shares rise over 5.5% since last earnings report
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10:01 EDTWMT, HMHCOn The Fly: Analyst Downgrade Summary
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08:57 EDTHMHCHoughton Mifflin downgraded at Morgan Stanley
As previously reported, Morgan Stanley downgraded Houghton Mifflin to Equal Weight from Overweight. The firm expects reduced 2016 revenue growth as tailwinds from new Common Core teaching standards slow, a reduction in state budgets, and said digital adoption is years away. Price target lowered to $18.
06:52 EDTWMTWal-Mart downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley downgraded Wal-Mart to Equal Weight citing balanced risk/reward and lack of margin growth due to potential re-investments.
06:27 EDTHMHCHoughton Mifflin downgraded to Equal Weight from Overweight at Morgan Stanley
January 20, 2015
13:01 EDTWMTWal-Mart launches cash pickup option for tax refunds
As Americans begin to file their tax returns, Walmart (WMT) announced the launch of a first-of-its-kind service that allows consumers to “skip the check” and pick up their tax refunds in cash. Walmart Direct2Cash is available nationwide starting today and will help customers save time and money when compared to traditional tax refund options. Walmart is working with Tax Products Group, a Green Dot Company (GDOT), and Republic Bank & Trust Company, member FDIC, two providers of tax-related financial products and services, to provide Walmart Direct2Cash as an option to millions of customers. The more than 25,000 tax preparation locations using software with the Walmart Direct2Cash option may provide this service for no additional fee or charge a maximum of $7 at the time of filing. Walmart does not charge customers a fee when refunds are claimed in a store.
11:16 EDTPRGOPerrigo management to meet with B. Riley
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09:44 EDTWMTSupreme Court denies appeal of 'swipe fee' ruling, Reuters reports
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January 16, 2015
10:12 EDTWMTSprint unit Virgin Mobile to offer no contract data sharing plans
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January 15, 2015
09:24 EDTWMTEpiq Systems to hold a webinar
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January 14, 2015
16:00 EDTWMTOptions Update; January 14, 2015
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January 12, 2015
09:35 EDTPRGOTeva may need to jump back into M&A after quiet 2014, Bloomberg says
Teva (TEVA), one of few leading pharmaceutical makers that did not make a sizable acquisition in 2014, may need to catch up with peers in that regard, with Perrigo (PRGO) and Sweden’s Meda AB mentioned by analysts as potentially suitable targets, said Bloomberg's "Real M&A" column. Reference Link
08:29 EDTPRGOPerrigo launches AB therapeutic equivalent testosterone gel 1.0%
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08:26 EDTPRGOPerrigo partners with Ferrara Candy to enter gummy vitamins and dietary market
Perrigo and Ferrara Candy announced that Perrigo's Nutritionals division has signed a supply agreement with Ferrara to manufacture store brand gummy vitamins and dietary supplements to be sold at leading retailers across the United States. The five-year supply agreement gives Perrigo exclusivity on a full line of store brand gummy vitamin, mineral, and supplement products using Ferrara's gummy technology and manufacturing capabilities. Perrigo's extensive expertise in vitamin and dietary supplement formulation, quality assurance, and safety testing will be combined with Ferrara's manufacturing capabilities and non-stick gummy technology, which excels in gummy taste, texture and packaging. In addition to being suitable for vitamins and dietary supplements, Ferrara's gummy technology has the potential for other over-the-counter products as well.
08:25 EDTPRGOPerrigo launches generic version of Clobex spray
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07:35 EDTWMTNational Retail Federation to hold a trade show
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06:35 EDTKSSObama to press for law requiring disclosure of hacking, NY Times says
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