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07:01 EDTTRVNTrevena enters into $35M tranched term loan credit facility
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06:59 EDTSHLDSears failed to get 'acceptable' bids for Sears Canada unit, NY Post reports
Sears failed to get any acceptable bids for its Sears Canada unit after potential bidders examined the company’s books, the New York Post reports. Sears was forced last week to take out a $400M loan from CEO Eddie Lampert's hedge fund. Reference Link
06:58 EDTILIAF, TMUS, DTEGYIliad enacts mid-October cut-off date for T-Mobile offer, Reuters says
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06:57 EDTTRSTriMas trading halted, pending news
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06:57 EDTVIASViasystems trading halted, pending news
06:55 EDTMANManpower removed from short-term buy list at Deutsche Bank
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06:54 EDTCICigna removed from short-term buy list at Deutsche Bank
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06:53 EDTYHOOYahoo downgraded to Market Perform from Outperform at Bernstein
06:53 EDTYHOOYahoo downgraded to Neutral from Buy at BofA/Merrill
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06:52 EDTEADSYReport says Germany urging Airbus for A400M cost reductions, Reuters says
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06:52 EDTGM, NSANY, F, TSLACalifornia to add additional incentives for electric cars, NY Times says
California Governor Jerry Brown signed several bills that are supposed to make electric cars more affordable for low income residents of the state, according to The New York Times. The bills, among other things, will boost rebates that low income earners receive when buying an electric car, and install charging stations in apartment buildings in low income areas, the newspaper stated. GM (GM), Nissan (NSANY) Ford (F) and Tesla (TSLA) are among the companies that make electric cars. Reference Link
06:52 EDTSIAL, MKGAYSigma-Aldrich volatility expected to move on Merck KGaA acquiring for $17B
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06:51 EDTMRKMerck to host conference call
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06:51 EDTSTJSt. Jude Medical recent weakness a buying opportunity, says Barclays
Barclays said St. Jude Medical weakness is a buying opportunity. The analyst said CardioMEMS is underappreciated by the Street and valuation compelling given sequential revenue growth. Shares are Overweight rated.
06:50 EDTPHYProspect agrees to acquire 3 Class A office buildings in Tampa
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06:49 EDTPKYParkway Properties files to sell 10M shares of common stock
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06:48 EDTENTGlobal Eagle initiated with a Market Perform at Wells Fargo
Price target range $13-$14.
06:47 EDTHYMLFHyundai directors hid scale of $10B land offer, Reuters says
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06:46 EDTERFEnerplus upgraded at RBC Capital
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06:45 EDTDRC, SIEGYDresser-Rand volatility expected to move on Siemens acquiring for $7.6B
Dresser-Rand (DRC) volatility is expected to move on Siemens (SIEGY) acquiring for $83 per share in cash. Overall option implied volatility of 31 compares to its 26-week average of 31 according to Track Data, suggesting non-directional price movement.
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