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Stock Market & Financial Investment News

News Breaks
June 7, 2013
10:11 EDTVRA, DTEGY, KKPNY, MAIN, PNM, SCSC, TSN, UAL, VALE, KOF, BIP, BAYRY, LULU, BRCM, BRCD, ANF, SJM, KR, DNB, BT, YUMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Abercrombie & Fitch (ANF) upgraded to Buy from Neutral at BofA/Merrill... BT Group (BT) upgraded to Overweight from Equal Weight at Barclays... Bayer (BAYRY) upgraded to Outperform from Neutral at Exane BNP Paribas... Broadcom (BRCM) upgraded to Outperform from Neutral at Macquarie... Brocade (BRCD) upgraded to Buy from Neutral at ISI Group... Brookfield Infrastructure (BIP) upgraded to Buy from Hold at TD Securities... Coca-Cola Femsa (KOF) upgraded to Neutral from Sell at Citigroup... Deutsche Telekom (DTEGY) upgraded to Buy from Hold at Jefferies... Dun & Bradstreet (DNB) upgraded to Neutral from Underweight at JPMorgan... J.M. Smucker (SJM) upgraded to Buy from Hold at Gabelli... KPN (KKPNY) upgraded to Outperform from Market Perform at Bernstein... Kroger (KR) upgraded to Buy from Neutral at Cleveland Research... Main Street (MAIN) upgraded to Outperform from Market Perform at Raymond James... PNM Resources (PNM) upgraded to Buy from Neutral at Ladenburg... Scansource (SCSC) upgraded to Buy from Neutral at Northcoast... Tyson Foods (TSN) upgraded to Overweight from Equal Weight at Stephens... United Continental (UAL) upgraded to Neutral from Sell at Goldman... Vale (VALE) upgraded to Outperform from Underperform at Bernstein... Vera Bradley (VRA) upgraded to Neutral from Underperform at Sterne Agee... Yum! Brands (YUM) upgraded to Buy from Neutral at UBS... lululemon (LULU) upgraded to Underperform from Sell at CLSA.
News For YUM;LULU;BRCM;BRCD;ANF;SJM;KR;DNB;BT;BAYRY;BIP;KOF;DTEGY;KKPNY;MAIN;PNM;SCSC;TSN;UAL;VALE;VRA From The Last 14 Days
Check below for free stories on YUM;LULU;BRCM;BRCD;ANF;SJM;KR;DNB;BT;BAYRY;BIP;KOF;DTEGY;KKPNY;MAIN;PNM;SCSC;TSN;UAL;VALE;VRA the last two weeks.
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April 10, 2014
10:00 EDTBTOn The Fly: Analyst Upgrade Summary
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07:26 EDTVALECommittee recommends Vale be stripped of Simandou license, WSJ says
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07:24 EDTBAYRYInternational Society for Heart & Lung Transplantation to hold annual meeting
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05:51 EDTBTBT Group upgraded to Neutral from Sell at UBS
UBS upgraded BT Group to Neutral citing the recent pullback in shares. The firm removed the stock from its Least Preferred List.
April 9, 2014
16:34 EDTANFAbercrombie & Fitch names Joanne Crevoiserat CFO
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12:16 EDTDTEGYDeutsche Telekom mulls bid for Telekom Slovenije, Bloomberg reports
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12:07 EDTTSNU.S. red meat, poultry production forecast lowered
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09:20 EDTANFBofA/Merrill's retail analysts hold an analyst/industry conference call
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07:09 EDTBAYRYReckitt Benckiser may be frontrunner for Merck unit, Bloomberg reports
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06:59 EDTBTBT Group downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded BT Group based on valuation.
April 8, 2014
17:22 EDTUALUnited Continental reports March consolidated load factor down 1.6 points
United Airlines reported March operational results. UAL's March consolidated traffic, or revenue passenger miles, increased 0.7% and consolidated capacity, or available seat miles, increased 2.7% versus March 2013. UAL's March consolidated load factor decreased 1.6 points compared to March 2013.
09:05 EDTMAINMain Street 4M share Spot Secondary priced at $31.50
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07:54 EDTYUMYum! Brands testing new Super Chix concept, AdAge reports
Yum Brands will start testing Super Chix, a new concept restaurant, AdAge reports. This week, Super Chix will launch in Arlington, Texas, with a limited menu including chicken sandwiches, chicken tenders, fries, salads and custards. A spokesperson for Yum says the concept "may in the future be considered for international purposes." Reference Link
April 7, 2014
20:02 EDTBRCMRadiSys announces small cell software for Broadcom SoC solutions
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13:10 EDTLULUlululemon weekly volatility elevated into Analyst Day
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10:32 EDTUALAirline stocks rally after Goldman ups sector rating
Airline stocks are rising in a down market after Goldman Sachs raised its rating on the sector to Attractive from Neutral. WHAT'S NEW: Although airline stocks have already outperformed the market, it's not too late for investors to get involved in the sector, Goldman wrote in a note to investors earlier today. Not yet priced into the stock are higher ticket prices, more crowded planes, and a recovering U.S. consumer, according to the firm. It initiated coverage of American Airlines (AAL) with a Buy rating and upgraded its rating on JetBlue (JBLU) to Neutral from Sell. Goldman kept Buy ratings on Delta (DAL) and United Continental (UAL). PRICE ACTION: In mid-morning trading, American Airlines rose 1.25% to $37, JetBlue added 0.6% to $8.80, Delta gained 2% to $35.30, and United Continental lost 0.5% to $44.65.
07:38 EDTLULUlululemon reiterated as a Buy ahead of Analyst Day at Topeka
Topeka expects lululemon's April 17 Analyst Day to be a "very positive" event and reiterates its Buy rating and $70 price target ahead of the event. The analyst said the new CEO is on a marketing offensive as the store base expands worldwide and new heads of merchandising and sourcing are working to maintain a high quality, innovative product.
07:09 EDTUALAirline quality study shows customer complaint improvement, Reuters says
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06:14 EDTUALAirlines sector upgraded to Attractive from Neutral at Goldman
Goldman upgraded the Airlines sector to Attractive from Neutral based on a more bullish views on the cycle and improving demand. The analyst believes consensus estimates underestimate pricing, which will boost multiples. As part of the sector change, the firm initiated American Airlines (AAL) with a Buy rating and upgraded JetBlue (JBLU) to Neutral from Sell.
06:08 EDTKRKroger price target raised to $50 from $46 at Deutsche Bank
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