UBS could lose some European assets from stricter taxing Reuters says

MercadoLibre (MELI) should continue to enjoy its well-earned success, but investors may liighten up on their investments in the stock once the "ginormous" Amazon.com (AMZN) enters Latin America ...

Heinz (HNZ) isn't sitting back and waiting for the global economy to recover. It's boosting spending on marketing and efforts to expand sales in emerging markets, which could account for one-quarter of ...

Gafisaannounced the election and appointment by the Company’s Board of Directors of Odair Garcia Senra to succeed Caio Racy Mattar as chairman of the board, effective immediately. Mr. Senra is one of the ...

Standley will succeed Mary Sammons, who has served as chairman since June, 2007, and whose term of service as chairman, concludes as of the June annual meeting.

On The Fly: Closing Wrap

16:01 EDT Carl Icahn reports 7.56% stake in Chesapeake

Senate Banking Committee Chairman Tim Johnson said J.P. Morgan's (JPM) CEO Jamie Dimon has been invited to appear before a panel on June 7 and Johnson expects Dimon "to come prepared to provide the ...

Broadway Financial reports receipt of Nasdaq deficiency letter

Baker Hughes said the U.S. rig count is down 3 rigs from last week at 1983, with oil rigs up 1 at 1383 and gas rigs down 6 at 594. U.S. rig count is up 136 rigs from last year at 1847, with oil rigs up ...

In a State of the Business report, President and COO Jim Robo said FPL plans to deploy approximately $15B in capital between 2010 and 2014, including more than $6B of major generation and advanced metering ...

Spain may control as much as 90% of Bankia with EUR 19B investment, FT says

Stocks on Wall Street were mixed at midday, with the S&P the only index in positive territory in spite of a better than expected reading on consumer confidence. U.S. equity futures ended the premarket ...

Apple (AAPL) is introducing a "free app of the week" offer, Engadget reports. Amazon (AMZN) has been offering a free app of the day, but that offer is good for Android (GOOG) users only.

Elan rallies 7.6%, or $1.00, to $14.19

Yesterday's update of the Google+ Android app from Google (GOOG) contained hidden references to features called "Events" and "Local," according to The Verge, which cited an unnamed ...

VeriFone (PAY) is slumping after the company last night reported stronger than expected Q2 results, but provided weaker than expected Q3 guidance and reiterated its outlook for FY12. VeriFone said that ...

Silicon Motion to benefit from ramp in LTE in-house solutions, says Craig-Hallum

Today's noteworthy initiations include: Acquity Group (AQ) initiated with a Buy at Citigroup... Acquity Group initiated with an Outperform at William Blair... Callidus Software (CALD) initiated with an ...

Today's noteworthy downgrades include: Heinz (HNZ) downgraded to Hold from Buy at Jefferies... Heinz downgraded to Neutral from Overweight at JPMorgan... Lululemon (LULU) downgraded to Hold from Buy at ...

On The Fly: Analyst Upgrade Summary

General Motors disclosed in a regulatory filing that it has recently learned about a related party transaction in 2011 not included in the proxy statement. Pernilla Ammann, the wife of GM's CFO Dan Ammann, ...

This morning, Talbots (TLB) said Sycamore Partners, which had been in exclusive talks to acquire it, was not prepared to execute a transaction at this time. Shares of Talbots are down 88c, or 34.38, to ...

Albany International raises quarterly dividend to 14c from 13c per share

Leading software-as-a-service provider Salesforce.com (CRM) is climbing after Oppenheimer issued a positive note on the sector this morning, and upgraded shares of Salesforce.com to Outperform from Market ...

Says the semiconductor industry transition to the 28 nanometer family of technologies is a "much larger transition than we've experienced" in recent history. Comments made on the Q1 earnings ...

Tempur-Pedic, Select Comfort rally after mattress sales rise in April

Target $9.

Majestic Research said data indicates Google's gross revenue are in the $10.7B-$10.86B range, below consensus of $11.02B.

Riverbed initiated with a Buy at Gabelli

Cowen and Wedbush acted as joint book running managers for the offering.

ImmunoCellular Therapeutics announced that its common stock has been approved for listing on the NYSE: MKT. Trading is expected to commence on the NYSE: MKT on Wednesday, May 30th, 2012 under the ticker ...

Cree recent pullback a buying opportunity, says Maxim

Piper Jaffray recommends avoiding Teva shares despite the pullback in recent weeks ahead of management's tempered guidance expectations yesterday. The firm sees limited visibility for the company's generics ...

White Mountains Insurance Group announced that its Board of Directors authorised the Company to repurchase up to an additional 1,000,000 common shares, from time to time, subject to market conditions. ...

Hudson Valley Bank, the wholly-owned subsidiary of Hudson Valley Holding Corp. (HVB), announced that it will not re-engage Moody's Investors Service (MCO) for its rating services. "Our expectation ...

AU Optronics shipping AMOLED panels to Sony, HTC in June, DigiTimes says

VeriFone guidance comments contradict older statements, says Wedbush

Royal Caribbean Cruises (RCL) will launch the Mariner of the Seas, which carries over 3,000 guests, in China next year to meet growing demand from Chinese tourists and will increase its voyages year-round ...

Sony's (SNE) Computer Entertainment division has begun Chinese-language translation of console games developed in Taiwan, according DigiTimes, citing industry sources.

Target $51.

Target $30.

Williams weakness creates buying opportunity, says BMO Capital

JPMorgan pays high price to keep NYC branch in long time home, NY Post says

Target $64.

Herb Kohl, the chairman of the Senate antitrust subcommittee, is urging the careful scrutinization of plans by Verizon Wireless (VZ, VOD) to acquire valuable wireless spectrum from a consortium of U.S. ...

After meeting with Air Methods' management, Oppenheimer believes that the company has significant top line and bottom line catalysts. The firm continues to recommend buying the stock.

Tokyo 2020, a Bid Committee for Olympic and Paralympic Summer Games, confirmed Weber Shandwick as its global public relations agency to support its overall communications strategy. The firm recently supported ...