Education Management discloses receipt of subpoena from SEC

Charles Nugent, senior executive VP and CFO of Fulton Financial has informed the corporation of his plan to retire, effective December 31. Fulton Financial has engaged an executive search firm to identify ...

On The Fly: Closing Wrap

Focus on Verizon Wireless stake ahead of Vodafone earnings, Reuters says

Puma Biotechnology declines to comment on stock move

Raymond James likens the recent rally in shares of SolarCity to a possible bubble and notes a 180-day IPO lockup expiration looms on June 10. The firm does not advise investors to short the stock, as it ...

Market set to finish week with gains after Cisco results, comments

Transocean announced that the board's capital allocation strategy received support from shareholders. Excluding the Icahn group's shares, more than 75% of the total votes cast in favor of a dividend at ...

Tesoro (TSO) and Tesoro Logistics (TLLP) have reached an agreement for TLLP to acquire a portion of the Carson logistics assets from Tesoro for an expected transaction value of approximately $640M. Closing ...

Tesoro and Tesoro Logistics have reached an agreement for TLLP to acquire a portion of the Carson logistics assets from Tesoro for an expected transaction value of approximately $640M. Closing of the logistics ...

Tesoro receives FTC clearance for purchase of BP refining, marketing business

Allstate Insurance is seeking to recover $3.8M against six physicians and five medical professional corporations in its third insurance fraud lawsuit of the year. The complaint alleges the defendants routinely ...

Norden A/S, a shipping company headquartered in Copenhagen, Denmark, has extended its agreement with Harris CapRock Communications, a unit of Harris, to provide broadband communications to Norden’s fleet ...

On The Fly: Midday Wrap

11:55 EDT Marketo IPO opens at $20.00 per share

Marketo IPO indicated to open at $16.00

11:32 EDT Pembina Pipeline downgraded to Hold from Buy at Canaccord

Apple mobile devices, including iPhone and iPad, running a version of the company's iOS 6 mobile platform have been approved by the Defense Department for use on U.S. military networks, reports Bloomberg....

The board of United States Cellular (USM) has declared a special cash dividend of $5.75 per common share for an aggregate amount of approximately $481M. Payment will be made on June 25 to shareholders ...

J.C. Penney drops after results miss expectations

GM jumps above IPO level after CLSA boosts rating

The 8.2M share IPO priced at $31.00

Microsoft continues its quiet stealth rally, levels to watch

On The Fly: Analyst Initiation Summary

On The Fly: Analyst Downgrade Summary

On The Fly: Analyst Upgrade Summary

S&P 500 moves higher after sentiment data, levels to watch

10:00 EDT Greenwoods Asset Management reports 5.1% passive stake in Noah Holdings

09:57 EDT Apple devices approved for use by Pentagon, Bloomberg reports

Tableau Software indicated to open at $42-$42.50 on 1.5M shares

Southwest upgraded to Outperform from Market Perform at Avondale

Tractor Supply initiated with an Outperform at Avondale

PPG Industries (PPG) announced that the United States Bankruptcy Court for the Western District of Pennsylvania issued an opinion and interim order confirming the current Pittsburgh Corning plan of reorganization. ...

Maxim downgraded Pandora based on valuation.

CMS Energy announced that on May 15, the Michigan Public Service Commission approved a partial settlement agreement in Consumers Energy Company’s electric rate case, increasing Consumers Energy Company's ...

After Aruba sold off on weaker than expected Q3 results, Pacific Crest notes that the stock has dropped more than 40% since the end of March. The firm views this decline as overdone and keeps an Outperform ...

09:06 EDT Ambow Education trading halted, pending news

Keating Capital (KIPO) announced that it sold the remaining 147,927 shares it held in Solazyme (SYZM) during May 2013. The sale generated net proceeds of $1.55M, or $10.51 per share, and a net realized ...

Perficient acquires Clear Task for $7.9M in cash, stock

Pinnacle Entertainment' Ameristar Casinos acquisition receives Nevada approval

Magna price target raised to $79 from $67 at KeyBanc

Orbit International announced that its Electronics Group, through its Orbit Instrument Division, received an order valued at approximately $665,000 for keyboards to be utilized by the FAA for its air traffic ...

Impax (IPXL) announced that its generics division, Global Pharmaceuticals, commenced shipment of authorized generic Zomig tablets, as part of an agreement with AstraZeneca (AZN). Zomig is indicated for ...

The deal size was increased to 12M shares from 10M shares. Johnson Rice and Canaccord acted as joint book running managers for the offering.

In New York, Canadian Prime Minister Harper lobbied the U.S. for approval of the Keystone XL pipeline, and spoke about Canada's environmental credentials, saying the arguments for the project are "overwhelmingly ...

Thomson Reuters outlook improving, says BMO Capital

After conducting checks, BMO Capital believes that data points for Qlik and the business intelligence 2.0 sector remain positive. The firm thinks the company will benefit from several big trends, and it ...

The former CEO of Tuesday Morning has filed a discrimination lawsuit under provisions of the Texas Commission on Human Rights Act after she was fired last year within months of revealing her battle with ...