Stock Movers

Starwood Property Trust to Offer 17.8 Mln Shares in Public Offering

Starwood Property Trust, a commercial mortgage real estate investment trust, is offering 17.8 million shares of its common stock in an underwritten public offering. Shares fell as much as 4% in extending trading on Monday. The underwriters will have a 30-day option from the date of the offering to purchaseRead More

Amazon’s AWS and Salesforce Broaden Strategic Alliance

Amazon.com’s Amazon Web Services and Salesforce (CRM) said pre-market Friday they broadened their global strategic alliance to deliver five new service integrations which are aimed at helping customers capture, analyze and take action on their data. Under the expanded strategic alliance, the companies said they will connect the Salesforce platformRead More

Diamondback Energy Upgraded By Moody’s

Diamondback Energy’s corporate family rating has been upgraded to Ba3 from B1 by Moody’s based on the rating agency’s expectation the company will deliver “significant growth” in 2017 while keeping a healthy balance sheet even if oil and natural gas prices remain at current levels. “Management has exhibited good operatingRead More

MTS Systems Down 3.5%

MTS Systems is down 3.5% after the company said it has initiated an internal investigation into apparent violations of the company’s code of conduct involving certain employees in its China operations and the investigation will delay issuance of its Q4 and full year earnings and the filing of the company’sRead More

Stocks Turn Lower in US Intraday as FBI Reignites Probe on Clinton

Stocks in the US were heading lower on Friday afternoon, poised to end the week on a lower note after a period of heavy earnings and before next week’s meeting of the Federal Open Market Committee. The equity measures turned lower amid several media reports that the Federal Bureau ofRead More

United Parcel Service Meets Street Forecasts on Q3 EPS, Beats on Revenues; Reaffirms Outlook

Package delivery company United Parcel Service (UPS) reported Q3 earnings per share of $1.44, up from $1.39 in the same period last year, and matching the Capital IQ consensus forecast. UPS was lower 1% recently. Revenues for the quarter were $14.93 billion, up from $14.24 billion in the year-ago period,Read More