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Berenberg Bank Initiates Coverage on Pendragon PLC
2014-11-09 15:33:55| Auto Dealers - Topix.net
The firm set a "buy" rating and a GBX 40 price target on the stock. Berenberg Bank's target price suggests a potential upside of 26.98% from the stock's previous close.
Tags: bank
coverage
plc
initiates
General Mills downgraded to Hold from Buy at Deutsche Bank
2014-11-08 17:10:25| Agriculture - Topix.net
On The Fly: Pre-market Movers HIGHER: Sears , up 22.5% after reporting Q3 same-store sales were flat with prior year, saying company is actively exploring a REIT transaction involving 200-300 owned properties through a rights offering... Gap , up 2.9% after reporting October same-store sales fell 3%, giving Q3 EPS guidance that beat estimates... Zynga , up 9%, upgraded at Needham following the company's Q3 earnings report... King Digital , up 8.6% after Q3 results top expectations, company announces $150M share repurchase program... ChannelAdvisor , up 30% after earnings, guidance, announcing acquisition of U.K. based E-Tale Holdings... Rockwell Medical , up 25% after FDA committee recommends Triferic to treat iron loss in certain patients with chronic kidney disease... Repros Therapeutics , up 23% following meeting with FDA regarding Androxal NDA filing.
Bank of America sets aside $400m
2014-11-06 23:43:53| BBC News | Business | UK Edition
Bank of America sets aside $400m due to rising litigation costs associated with a probe into currency rigging at the bank.
Commonwealth Bank of Australia profit rises 14%
2014-11-05 05:58:30| Automakers - Topix.net
Commonwealth Bank of Australia, the country's largest lender by market value, reported a 14% jump in first-quarter earnings as bad debt charges continued to fall and record-low interest rates spurred demand for home loans. Net profit was roughly 2.4 billion Australian dollars in the three months through September, the Sydney-based bank said Wednesday.
Tags: australia
bank
profit
commonwealth
Former Royal Bank CEO Gordon Nixon named to BCE board of directors
2014-11-04 21:43:26| Wireless - Topix.net
BCE Inc. says former Royal Bank chief executive Gordon Nixon has been appointed to the board of directors at the telecommunications company and its Bell Canada subsidiary. In addition to its telecommunications business, BCE also owns Bell Media, which includes radio, television and digital media operations as well as outdoor advertising.
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