Corvex Management has disclosed a $1B (nearly 4%) stake in Crown Castle CCI<\/p>\n
Commodities now: Crude -1.1% to $84.80. Gold +0.3% to $1,233.70<\/p>\n
Bank of America Merrill Lynch downgrades Wynn Resorts WYNN to a Neutral rating from Buy<\/p>\n
U.K. inflation falls to five-year low<\/p>\n
Twitter TWTR ends up selling $1.8B worth – $900M maturing in five years, and another $900M in seven.<\/p>\n
Jive Software JIVE chairman\/CEO Tony Zingale discloses he bought 100K shares yesterday at $7.55<\/p>\n
RBC downgraded BA shares to Sector Perform from Outperform<\/p>\n
GoPro’s (GPRO) price range implies a valuation range of $2.59B-$2.95B<\/p>\n
ECB is scheduled to announce its latest monetary policy decision at 7:45 am ET<\/p>\n
Advantage Oil and Gas AAV is upgraded to Outperform from Sector Perform with an $8.50 price target, up from $7, at RBC<\/p>\n
Germany’s PMI fell to a 7-month low of 52.3.<\/p>\n
US Consumer Spending just hit a 6-year high, according to Gallup<\/p>\n
Palo Alto Networks (PANW) has upgraded to Buy by Nomura<\/p>\n
AIG TARP warrants advance to a new all-time high of $24.03<\/p>\n
J.P. Morgan names Rio Tinto RIO top pick in the global mining sector.<\/p>\n
Macquarie has upgraded Iridium (IRDM) to Outperform, and lifted its PT to $8.50<\/p>\n
Needham has upgraded Nimble Storage NMBL to Strong Buy<\/p>\n
Kandi Tech KNDI : Q1 adj. Net income of $1.3M<\/p>\n
Italian 10-year yield slips below 3%<\/p>\n
Nu Skin (NUS): Q1 EPS of $1.05 beats by $0.11<\/p>\n
DIRECTV beats by $0.15, misses on revenue<\/p>\n
Microvision (MVIS): Q1 EPS of -$0.23 misses by $0.11.<\/p>\n
EOG Resources (EOG) Q1 earnings rose 34% Y\/Y and revenues beat analyst estimates<\/p>\n
Twitter TWTR sinks 10% following quarterly results<\/p>\n
Phillips 66 PSX Q1 EPS of $1.47 beats by $0.12<\/p>\n
April Chicago PMI: 63.0 vs. 56.9 consensus, 55.9 prior<\/p>\n
Credit Suisse has slashed its 2014 Chinese solar installation forecast by 500MW to 11.5GW, soundly below the government’s 14GW target<\/p>\n
Nokia completes sale of devices and services business to Microsoft<\/p>\n
Colgate-Palmolive CL Q1 earnings met estimates but were hurt by a one-time $174M charge related to the fall of the Venezuelan bolivar<\/p>\n
Xerox XRX price target raised to $15 from $13 at Brean Capital<\/p>\n
Agnico Eagle Mines AEM is upgraded to Outperform from Sector Perform with a $43 price target at RBC Capital<\/p>\n
Credit Suisse cuts its rating on Tata Motors TTM to a Neutral rating from Outperform<\/p>\n
Papa Murphy’s FRSH prices its IPO at $11 to $13 p<\/p>\n
JMP Group beats by $0.13, beats on revenues<\/p>\n
Amphenol APH beats by $0.03, beats on revenue<\/p>\n
SUPERVALU SVU beats by $0.03, beats on revenue<\/p>\n
Capital GSVC has been started at Buy by Roth<\/p>\n
Valero Energy VLO is downgraded to Neutral from Buy with a $63 price target at BofA\/Merrill<\/p>\n
Novartis NVS has agreed to exchange certain assets with GlaxoSmithKline GSK and it is selling its animal-health division to Eli Lilly LLY for around $5.4B.<\/p>\n
Diageo DEO will partner with David Beckham to launch a new Scotch whisky line.<\/p>\n
Catalyst Pharmaceutical Partners CPRX closes its public offering of common stock. It sold 13,023,750 shares at $2.21\/share including the underwriters over-allotment of 1,698,750 shares.<\/p>\n
A Florida jury has ruled BlackBerry’s BBRY hardware doesn’t infringe three NXPI patents, and that the asserted patents are invalid<\/p>\n
H-P (HPQ) is settling a class-action suit accusing ex-CEO Leo Apotheker and his management team of defrauding investors by abandoning the business model they had previously touted.<\/p>\n
GrubHub’s (GRUB) price range has been raised to $23-$25 from a prior $20-$22. The online food delivery\/take-out service is now aiming for a market cap of $1.8B-$1.96B.<\/p>\n
Body Central (BODY): Q4 EPS of -$0.74 misses by $0.41.<\/p>\n
EXFO Electro – Optical Engineering (EXFO): FQ2 EPS of -$0.02 misses by 0.02. Revenue of $51.17M (-18.2% Y\/Y) misses by $4.56M.<\/p>\n
Willdan Group, Inc. (WLDN): Q4 EPS of $0.09 beats by $0.05. Revenue of $22.5M (-2.0% Y\/Y) beats by $1.26M.<\/p>\n
Grubhub GRUB sets its IPO price range at $20 to $22. The online food company expects to raise close to $178M from the IPO<\/p>\n
Herbalife (HLF) nominates three Carl Icahn supporters to the Board of Directors<\/p>\n
China’s State Administration for Industry & Commerce (SAIC) has fined NU Skin Enterprises NUS $540,000 for illegal product sales and misleading local consumers<\/p>\n
Goldman Sachs takes its Conviction Buy list tag off of Tiffany TIF<\/p>\n
RBC Capital Markets upgrades Ross Stores ROST to an Outperform rating from Sector Perform<\/p>\n
Blackstone BX selling another 15M shares of SeaWorld SEAS<\/p>\n
Beginning June 22, futures action in the VIX will be available nearly around the clock, with trading beginning on Sunday evenings and not shutting down until Miller Time on Fridays<\/p>\n
Blackstone BX is teaming with Deutsche Bank DB, Lone Star Capital with JPMorgan JPM, and Apollo Global APO with Banco Santander SAN to win Commerzbank’s so-called Project Octopus portfolio of Spanish real estate loans, with bids reportedly topping \u20ac3B (face value of loans is over \u20ac4B).<\/p>\n
Tesla Motors TSLA gets a long-term price target of $478 from Goldman Sachs<\/p>\n
Facebook FB is in talks to buy Titan Aerospace, a maker of solar-powered drones that can fly for five years without having to land<\/p>\n
GT Advanced GTAT has been started at Buy by Goldman<\/p>\n
Fortinet FTNT has been started at Outperform by Wedbush<\/p>\n
Taking the benchmark deposit rate to negative territory “is something we are considering very seriously,” says ECB board member Benoit Coeure, quickly adding not to expect too much effect on the economy from the move.<\/p>\n
Bank of England raised UK economic growth forecast to 3.4%, from previous forecasts for 2.8% growth<\/p>\n
Eurozone industrial production fell 0.8% year-over-year in 2013. And it fell 0.7% month-over-month in December.<\/p>\n
Corvex Management has disclosed a $1B (nearly 4%) stake in Crown Castle CCI Commodities now: Crude -1.1% to $84.80. Gold +0.3% to $1,233.70 Bank of America Merrill Lynch downgrades Wynn Resorts WYNN to a Neutral […]<\/p>\n","protected":false},"author":6,"featured_media":1663,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[14,22],"tags":[412],"class_list":["post-1662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","category-wall-street","tag-markets-live-stream"],"yoast_head":"\n