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Stock Market & Financial Investment News

News Breaks
March 25, 2014
09:35 EDTPACR, XPOXPO Logistics announces $415M commitment for amended credit facility
XPO Logistics (XPO) announced that it has obtained bank commitments to amend its revolving loan credit facility to increase the amount of financing capacity from $125M to $415M. The ABL facility is subject to customary conditions and the completion of the company's previously announced acquisition of Pacer International (PACR). The company expects to close on the ABL facility on or near April 1.
News For XPO;PACR From The Last 14 Days
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July 30, 2015
10:00 EDTPACROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Altria Group (MO) downgraded to Outperform from Buy at CLSA... Baxter (BAX) downgraded to Market Perform from Outperform at Leerink... Changyou.com (CYOU) downgraded to Hold from Buy at Summit Research... Depomed (DEPO) downgraded to Neutral from Buy at Janney Capital... Euronet (EEFT) downgraded to Neutral from Buy at Monness Crespi... Foundation Medicine (FMI) downgraded to Market Perform at JMP Securities... Garmin (GRMN) downgraded to Underweight from Neutral at JPMorgan... Golden Star Resources (GSS) downgraded to Hold at Canaccord... Grainger (GWW) downgraded on negative catalysts at RBC Capital... Henry Schein (HSIC) downgraded to Hold from Buy at Evercore ISI... LINN Energy (LINE) downgraded to Market Perform from Outperform at Raymond James... LifeLock (LOCK) downgraded to Neutral from Buy at BofA/Merrill... LinnCo (LNCO) downgraded to Market Perform from Outperform at Raymond James... Manitowoc (MTW) downgraded to Hold from Buy at BB&T... PACCAR (PCAR) downgraded to Equal Weight on peak cycle concerns at Morgan Stanley... PG&E (PCG) downgraded to Neutral from Outperform at Credit Suisse... Pacer (PACR) downgraded to Equal Weight from Overweight at Morgan Stanley... Penn Virginia (PVA) downgraded to Sector Perform from Outperform at Scotia... Shutterfly (SFLY) downgraded to Market Perform at Raymond James... Terex (TEX) downgraded to Hold from Buy at BB&T... Total System (TSS) downgraded to Neutral at Baird... Whiting Petroleum (WLL) downgraded to Equal Weight from Overweight at Stephens... Whole Foods (WFM) downgraded to Equal Weight from Overweight at Morgan Stanley.
06:29 EDTPACRPacer downgraded to Equal Weight from Overweight at Morgan Stanley
July 29, 2015
20:01 EDTXPOFrench court rejects Elliott injunction of XPO Logistics merger, Reuters says
A French court has rejected Elliott Capital's requested injunction of XPO's post-purchase integration with Norbert Dentressangle, reports Reuters. "We will ... continue to use all of the legal options open to us," Elliott remarked, according to Reuters. Reference Link

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