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Stock Market & Financial Investment News

News Breaks
May 13, 2014
04:55 EDTZION, ZION, BWA, BWA, MCO, MCO, EFX, EFX, FLR, FLR, FITB, FITB, FHN, FHN, TCB, TCB, LYB, LYB, AGNC, AGNCBarclays to hold a conference
Americas Select Conference to be held in London on May 13-14.
News For ZION;LYB;TCB;FHN;FITB;FLR;EFX;MCO;BWA;AGNC From The Last 14 Days
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August 28, 2015
09:13 EDTFHNFirst Horizon management to meet with JPMorgan
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08:58 EDTBWABorgWarner downgraded to Neutral at Baird
As reported previously, Baird downgraded BorgWarner to Neutral from Outperform citing China headwinds, execution concerns and a lack of any near-term catalysts. Baird lowered its price target to $50 from $61 on BorgWarner shares.
08:46 EDTEFXEquifax weakness creates buying opportunity, says SunTrust
SunTrust raised its estimates for Equifax as the firm is more confident in the company's business momentum and is particularly more upbeat on the company's Workforce Solutions unit. The firm is pleased by what it sees as the company's innovative new methods of monetizing its data. SunTrust expects the company's margins to rise due to its improving mix. The firm keeps a $125 price target and Buy rating on the shares.
06:47 EDTBWABorgWarner downgraded to Neutral from Outperform at Baird
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August 27, 2015
08:18 EDTBWABorgWarner price target lowered to $56 from $66 at Susquehanna
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August 26, 2015
10:00 EDTFITB, ZIONOn The Fly: Analyst Upgrade Summary
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07:35 EDTZIONZions Bancorp upgraded to Outperform from Market Perform at Bernstein
Bernstein upgraded Zions based on valuation and its belief that the bank could distribute excess capital. Target to $32 from $30.
07:32 EDTFITBFifth Third upgraded to Outperform from Market Perform at Bernstein
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07:00 EDTFITBFifth Third upgraded to Outperform from Market Perform at Bernstein
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August 24, 2015
07:59 EDTTCBTCF Financial to host investor day
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August 20, 2015
10:00 EDTFITBOn The Fly: Analyst Initiation Summary
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08:09 EDTFLRFluor, COOEC form new fabrication JV
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August 19, 2015
17:05 EDTFITBFifth Third initiated with a Buy at Sterne Agee CRT
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August 18, 2015
12:45 EDTBWAAuto parts suppliers upgraded as UBS sees China concerns exaggerated
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10:44 EDTEFXEquifax management to meet with SunTrust
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10:00 EDTZIONOn The Fly: Analyst Upgrade Summary
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09:02 EDTLYBLyondellBasell announces sale of Argentina-based Petroken
LyondellBasell announced that YPF S.A. and Grupo Inversor Petroquimica S.L. have accepted an offer to purchase LyondellBasell's Argentina-based, wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. The sale is expected to close in late 2015 following Brazilian antitrust authority approval. The transaction is valued at $145M on a debt and cash free basis. Based on working capital estimates as of June 30, 2015, expected cash proceeds are $162M. Petroken operates a 180 kiloton polypropylene plant in Ensenada and is a leading polypropylene producer in Argentina.
06:06 EDTBWALear upgraded to Buy from Neutral at UBS
UBS analyst Colin Langan upgraded Lear Corporation to Buy citing the recent pullback in shares. The company's "strong" free cash flow limits the downside risk of shares, Langan tells investors in a research note. The stock is down 11% from the June peak despite Lear's raised margin outlook for 2015, the analyst points out. He views selloff in the U.S. Auto Parts sector as buying opportunity for investors and also upgraded BorgWarner (BWA) this morning to Buy. Langan raised his price target for Lear shares to $124 from $115.
06:01 EDTBWABorgWarner upgraded to Buy from Neutral at UBS
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05:35 EDTZIONZions Bancorp upgraded to Overweight from Equal Weight at Barclays
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