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Stock Market & Financial Investment News

News Breaks
February 21, 2013
11:49 EDTTAL, ZTS, BLL, UIS, ODPHigh option volume stocks: ZTS ODP BLL TAL UIS
News For ZTS;ODP;BLL;TAL;UIS From The Last 14 Days
Check below for free stories on ZTS;ODP;BLL;TAL;UIS the last two weeks.
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June 19, 2013
17:52 EDTZTSPfizer announces final exchange ratio for Zoetis exchange offer
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10:01 EDTBLLOn The Fly: Analyst Upgrade Summary
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07:51 EDTZTSEC fines Ranbaxy, others for blocking cheaper drugs, Economic Times reports
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07:41 EDTZTSPfizer holders should consider Zoetis exchange, says BMO Capital
BMO Capital thinks Pfizer (PFE) investors should consider participating in the Zoetis (ZTS) exchange as they have the opportunity to own Zoetis at around $29.40-$29.70 per share, which is 15% below BMO's valuation of $34 per share. Further, BMO thinks there is strong support for Zoetis below $30, which the firm feels lowers downside risk. BMO recommends that Pfizer investors tender around 20% of their shares into the exchange, noting that with the offer likely being oversubscribed, not all tendered shares will be converted to Zoetis.
06:24 EDTBLLBall Corp. upgraded to Outperform from Neutral at RW Baird
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June 18, 2013
08:36 EDTZTSElan shares could be worh $19 in a buyout, says Jefferies
Jefferies raised its price target for shares of Elan (ELN) to $19 from $14, reflecting what it sees as the value of the company in a takeout scenario. The firm says Elan management suggested they would be open to sale in the $15-$20 per share range. Jefferies believes a high taxpaying suitor could pay the upper end of that range, and lists Allergan (AGN), Regeneron (REGN), Vertex (VRTX), Alexion (ALXN), Zoetis (ZTS), Mylan (MYL) and Perrigo (PRGO) as potential acquirers for Elan. Shares of Elan are up 13c to $13.62 in pre-market trading after Royalty Pharma announced that its buyout proposal for the company has expired.
08:05 EDTUISUnisys awarded task order for cloud hosting services by Interior Department
Unisys announced that it was competitively selected for the first task order awarded under the Department of the Interior Foundation Cloud Hosting Services indefinite delivery-indefinite quantity contracts. Under the task order, Unisys will move DOI's Financial and Business Management System to the cloud. The time and materials task order has a two-year base period and two three-year option periods, exercisable at the discretion of the government. The base period has an estimated value of $9.6M; the first option period has an estimated value of $18.3M and the second option period has an estimated value of $16M value of approximately $44M over eight years.
07:19 EDTODPEyefortransport to hold a summit
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June 14, 2013
17:22 EDTZTSZoetis to be added to S&P 500; First Horizon deleted as of 6/21 close
09:15 EDTODPStarboard files complaint asking Office Depot to hold meeting
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06:45 EDTZTSZoetis volatility elevated into Pfizer split-off
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06:23 EDTZTSZoetis implied volatility at upper end of index mean range
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06:02 EDTODPStarboard Value sues Office Depot for no annual meeting, Reuters reports
Starboard Value LP, a major Office Depot investor, is suing the company for failing to hold an annual shareholder meeting to elect directors, an unusual step just before a merger, reports Reuters. Reference Link
June 13, 2013
13:08 EDTTALTAL International management to meet with Sterne Agee
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June 11, 2013
08:07 EDTODPOfficeMax and Office Depot hires Korn/Ferry for CEO search
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08:03 EDTODPOfficeMax and Office Depot select Korn/Ferry to assist CEO selection
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06:07 EDTZTSZoetis implied volatility at upper end of index mean range
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June 10, 2013
09:04 EDTBLLBeverage Digest to host a conference
Wall Street Smarts is being held in New York on June 10.
08:10 EDTODPOffice Depot sets July 10 as date for meeting on OfficeMax proposed merger
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June 7, 2013
15:35 EDTTALTAL International management to meet with JPMorgan
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