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UPDATE: Targa Resources Partners LP, Targa Resources Corp. Announce Purchase of Atlas Pipeline Partners LP, Atlas Energy LP for $7.7B
2014 Oct 13, 7:48amTarga Resources Partners LP (NYSE: NGLS) ("Targa Resources Partners", "TRP" or the "Partnership") and Targa Resources Corp. (NYSE: TRGP) ("Targa Resources", "TRC" or the "Company") announced today they have entered into agreements to acquire Atlas Pipeline Partners, L.P. (NYSE: APL) ("Atlas...
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New York FED Dudley's Comments In Troy, New York: Strong Dollar Probably Reflects Confidence In The US
2014 Oct 07, 3:07pmPotential For Strong Dollar, Weak Foreign Growth To Dampen Prices
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New York FED Dudley's Comments In Troy, New York: Says Rake Hike Could Be Slower Than Expected
2014 Oct 07, 3:06pm2015 Rate Hike Would Be "Good News" Inflation Could Grow Slower Than Forecasts Predict
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New York FED Dudley's Comments In Troy, New York: Sees "Significant Underutilization" In Job Market
2014 Oct 07, 3:04pmSays Forecasts For Mid-2015 Rate Rise Are A "Reasonable View"
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Bill Gross Issues Statement on Joining of Janus
2014 Sep 26, 9:28am"For most of my career, I have been privileged to be associated with one of the most successful investment management firms ever -- Pacific Investment Management Company (PIMCO). Today, with a mixture of excitement and sadness, I am announcing that I have decided to join Janus Capital Group and...
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Nomura Cautious On Netflix, Inc. Estimates
2014 Sep 18, 4:06pmAnalysts at Nomura lowered their fiscal year 2015 and 2016 EPS estimates for Netflix, Inc. (NASDAQ: NFLX) due to greater-than-expected international expansion costs. Analysts at the firm feel that Netflix may struggle to gain market share in Europe due to the well-positioned competition of its...
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Rumor: Google Inc To Buy 40% Stake In EBay Inc At $68/Share
2014 Sep 12, 10:43am
UPDATES: 11:50 am: Google Declines Comment on Rumored Stake in Ebay 11:49 am: Analysts React To Google-eBay $85 Billion Merger Rumor 11:35 am: Ebay Says Has Had No Conversations with Google About Acquiring Ebay Stake -Reuters 11:23 am: Ebay Declines Comment on Rumor of Potential Stake by Google...
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Bankers Avoid The August Vacation, Generate Highest August M&A Announced Deal Volume Since 2000
2014 Aug 28, 4:45pmAugust is a typically slow month on Wall Street, as traders and investors take time away from their desk to enjoy the final days of summer. It would be difficult to make the case that bankers took the month of August off, given that merger and acquistion activity over the month came out at $155...
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MKM Partners Comments On Alibaba F-1 Filing And The Impact To Yahoo!
2014 Aug 28, 4:31pmAlibaba is slated to IPO in September on a rumored date of the 16. Ahead of the IPO, MKM Partners, which is not participating in the IPO nor initiating coverage, released a list of observations surround Alibaba’s business metrics. On August 27, Alibaba filed an amended F-1 with revenues of...
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Image Sensing Surging In The #PreMarket
2014 Aug 27, 8:16amShares of Image Sensing Systems (NASDAQ: ISNS) are up another 42 percent, adding on to Tuesday's 43 percent gain. Image Sensing develops and markets radar and video processing for use by security and police, and the recent unrest in Ferguson, Missouri has brought its products to the...
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Smith & Wesson Guidance Misses The Target, Shares Tank
2014 Aug 26, 5:42pmThe stocks of gun makers are seeing prices tank after hours Tuesday as Smith & Wesson (NASDAQ: SWHC) reported inline earnings but gave guidance which was very concerning. Smith & Wesson revenues registered $131.90 million in sales which missed estimates of $133.93M. Second quarter...
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Yen Selloff Amid Janet Yellen Speech Pushes Toyota Down
2014 Aug 22, 11:54amThe auto industry has been under pressure lately as the First Trust NASDAQ Global Auto Index Fund (NASDAQ: CARZ) has sold off roughly five percent since the early July highs of $41.60. Friday's heavy morning selling in auto majors may be profit-taking, coupled with a strong sell off in...
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Tekmira Up 4% On Positive Ebola-Related Drug Study
2014 Aug 21, 12:42pmTekmira Pharmaceuticals (NASDAQ: TKMR) shares gained more than four percent after it was reported that one of its drugs showed promising results in animal studies directed at treating Ebola virus disease. A peer-reviewed study published Wednesday found that Tekmira's lipid nanoparticle...
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Kindred Bio Goes To The Dogs; Lead Drug Candidate Washes Out
2014 Aug 21, 9:07amKindred Biosciences (NASDAQ: KIN) shares plunged more than 30 percent in Thursday's pre-market action after one of its three lead veterinary drug candidates washed out in a pivotal test. The treatment for canine osteoarthritis, CereKin, failed to meet the study's goal of controlling...
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UPDATE: Family Dollar Has Rejected Bid from Dollar General
2014 Aug 21, 8:02amFamily Dollar Stores, Inc. (NYSE: FDO) announced today that its Board of Directors has unanimously rejected the non-binding proposal made by Dollar General Corporation (NYSE: DG) on the basis of antitrust regulatory considerations. In addition, the Family Dollar Board unanimously reaffirmed its...
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