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Societe Generale Upgrades Mondelez International To Buy
Wednesday, September 17, 2014 - 6:57am | 58Read More...Analysts at Societe Generale upgraded Mondelez International (NASDAQ: MDLZ) from Hold to Buy. The target price for Mondelez International has been raised from $40 to $43. Mondelez shares have gained 8.59% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period....
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Hill International Falls On Share Dilution
Monday, July 28, 2014 - 4:21pm | 167Read More...Hill International (NYSE: HIL) was hit with heavy selling following the announcement of preliminary earnings and follow-on offering. Hill International closed Monday’s session at $5.47, down 5.36 percent. The company reported preliminary earnings per share of $0.04 for Q2 2014; analysts...
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British American Tobacco Looks At Possible M&A Deals With Reynolds, Lorillard
Monday, May 12, 2014 - 2:37pm | 744Read More...The Times of London on Monday reported that British American Tobacco (NYSE: BTI), Britain's largest tobacco group, asked Deutsche Bank to work with UBS regarding possible financial deals in the United States. The article stated that British American Tobacco hired the banker to advise the...
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Shares of BlackBerry Respond to Societe Generale's Downgrade
Thursday, March 27, 2014 - 1:27pm | 163Read More...Shares of BlackBerry (NASDAQ: BBRY) fell as much as 4.447 percent following Societe Generale analyst Andy Perkins downgrade from Hold to Sell. Amidst recent gains in shareholder value, Perkins reported that BlackBerry is worth only $6.00 in a sum-of-the-parts valuation. The analyst breaks down the...
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FDIC Sues Big Banks For Rigging Interest Rates
Monday, March 17, 2014 - 1:44pm | 607Read More...Sixteen of the world’s largest banks were sued Friday by the Federal Deposit Insurance Corporation (FDIC) for fixing the London interbank interest rate (Libor). According to the FDIC, the move cost smaller, failed American banks such as Washington Mutual, IndyMac and Colonial money. Bloomberg...
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London Gold Price 'Fix' May Be Fixed, Say Researchers
Tuesday, March 4, 2014 - 11:32am | 643Read More...The benchmark used to set the price of gold in London, known as the gold fix, may have been manipulated for 10 years by banks, according to Bloomberg. Professor Rosa Abrantes-Metz of New York University’s Stern School of Business and Albert Metz, managing director at Moody’s, said in a draft...
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UPDATE: Societe Generale Resumes Coverage on Constellium NV as Auto and Aero Growth Opportunities Remain Abundant
Monday, November 25, 2013 - 9:53am | 262Read More...In a report published Monday, Societe Generale analyst Alasdair Leslie resumed coverage on Constellium NV (NYSE: CSTM) with a Buy rating and $25.00 price target, up from $23.00. In the report, Societe Generale noted, “Following the recent secondary offering we resume coverage with a Buy rating and...
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UPDATE: Societe Generale Upgrades BlackBerry as Sell-Off Plans are Abandoned
Tuesday, November 5, 2013 - 11:32am | 192Read More...In a report published Tuesday, Societe Generale analyst Andy Perkins upgraded the rating on BlackBerry (NASDAQ: BBRY) from Sell to Hold, and reiterated the $7.00 price target. In the report, Societe Generale noted, “Blackberry announced yesterday that it has abandoned plans to sell itself to an...
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UPDATE: Societe Generale Downgrades Cameron International Corporation as Timing of Material Margin Recovery is Now Uncertain
Monday, October 28, 2013 - 11:12am | 146Read More...In a report published Monday, Societe Generale analyst Edward Muztafago downgraded the rating on <,strong>Cameron International Corporation (NYSE: CAM) from Buy to Hold, and lowered the price target from $81.00 to $61.00. In the report, Societe Generale noted, “CAM's $0.81 3Q'13 eps fell...
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Societe Generale Report Sends Apple Shares Higher Monday
Tuesday, October 22, 2013 - 7:04am | 453Read More...Shares of Apple (NASDAQ: AAPL) were up 2.45 percent Monday after a bullish analyst upgrade that found strength in Apple’s supply chain and possible weakness in the Android market. Societe Generale upgraded the stock to a “Buy” and raised its price target from $500 to $575. Apple is due to...
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UPDATE: Societe Generale Upgrades Apple Ahead of Q4 FY13 Results Announcement
Monday, October 21, 2013 - 9:31am | 99Read More...In a report published Monday, Societe Generale analyst Andy Perkins upgraded the rating on Apple (NASDAQ: AAPL) from Hold to Buy, and raised the price target from $500.00 to $575.00. In the report, Societe Generale noted, “Apple is to announce its Q4 FY13 results on 28 October. We are expecting...
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US Stock Futures Flat Ahead Of Existing Home Sales Data, Earnings
Monday, October 21, 2013 - 7:20am | 444Read More...Pre-open movers US stock futures were mostly flat in early pre-market trade, ahead of earnings from major companies. The Chicago Fed National Activity Index will be released at 8:30 a.m. ET, while existing home sales data for September will be released at 10:00 a.m. ET. Futures for the Dow Jones...
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ISI Group Raises PT on Hess Corporation After Optimistic Meeting With CEO
Thursday, October 3, 2013 - 4:00pm | 105Read More...ISI Group analyst Doug Terreson raised Hess Corp.'s (NYSE: HES) PT from $80 to $92. After a “positive” meeting with CEO John Hess, Terreson noted that surplus funds are substantial in 2013-2015 and are expected to rise to $6-7B. The analyst is confident in major operating, strategic, and...
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UPDATE: Societe Generale Downgrades Forest Oil on Concerns Over Debt Leverage, Drilling Inventory
Tuesday, October 1, 2013 - 12:42pm | 156Read More...In a report published Tuesday, Societe Generale analyst John Herrlin downgraded the rating on Forest Oil Corporation (NYSE: FST) from Buy to Hold, and lowered the price target from $9.00 to $7.00. In the report, Societe Generale noted, “As part of our 3Q E&P sector preview note published today...
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UPDATE: Societe Generale Downgrades EOG Resources on Unlikely Shareholder Distributions from Free Cash Flow
Tuesday, October 1, 2013 - 12:03pm | 204Read More...In a report published Tuesday, Societe Generale analyst John Herrlin downgraded the rating on EOG Resources (NYSE: EOG) from Hold to Sell, but raised the price target from $144.00 to $160.00. In the report, Societe Generale noted, “As part of our 3Q E&P sector preview note published today, we...
