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NSU

Nevsun Resources

$2.76

-0.05 (-1.78%)

17:20
10/06/16
10/06
17:20
10/06/16
17:20

Nevsun: B.C. court decision 'addresses only preliminary legal challenges'

Nevsun Resources advises that the British Columbia Supreme Court has refused to permit a claim against Nevsun to proceed as a common law class action. The court did permit the lawsuit by the three named plaintiffs to continue. "Today's court decision addresses only preliminary legal challenges to the action raised by Nevsun," the company said in a statement. "The judgment makes no findings with respect to the plaintiffs' allegations, including whether any of them were in fact at the Bisha Mine. The judge also emphasized that the case raises novel and complex legal questions, including on international law, which have never before been considered in Canada." Nevsun is studying the court's decision and considering an appeal of the decision that the action can proceed at all. The company said it remains confident that its indirect 60%-owned Eritrean subsidiary, Bisha Mining Share Company, operates the Bisha Mine according to international standards of governance, workplace conditions, health, safety and human rights.

NSU Nevsun Resources
$2.76

-0.05 (-1.78%)

12/04/15
RAJA
12/04/15
DOWNGRADE
RAJA
Market Perform
Nevsun Resources downgraded to Market Perform from Outperform at Raymond James
12/04/15
12/04/15
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Residential Properties (ARPI) downgraded to Market Perform at FBR Capital... Analog Devices (ADI) downgraded to Equal Weight from Overweight at Barclays... CSX (CSX) downgraded to Neutral from Buy at BofA/Merrill... ChinaCache (CCIH) downgraded to Neutral from Buy at Rosenblatt... Cooper Companies (COO) downgraded to Neutral from Overweight at JPMorgan... Genesee & Wyoming (GWR) downgraded to Underperform from Neutral at BofA/Merrill... GoPro (GPRO) downgraded to Neutral from Outperform at Baird... Heartland Express (HTLD) downgraded to Neutral from Buy at Longbow... Immunomedics (IMMU) downgraded to Market Perform from Outperform at Wells Fargo... Kansas City Southern (KSU) downgraded to Underperform from Neutral at BofA/Merrill... Knight Transportation (KNX) downgraded to Neutral from Buy at Longbow... Macy's (M) downgraded to Neutral from Buy at Goldman... Nevsun Resources (NSU) downgraded to Market Perform from Outperform at Raymond James... Orexigen (OREX) downgraded to Market Perform from Outperform at Wells Fargo... Polaris Industries (PII) downgraded to Underperform following checks at Longbow... Sandvik AB (SDVKY) downgraded to Underweight from Neutral at JPMorgan... Swift Transport (SWFT) downgraded to Neutral from Buy at Longbow... Symantec (SYMC) downgraded to Hold from Buy at Argus... Toro Company (TTC) downgraded to Neutral from Buy at Longbow... Union Pacific (UNP) downgraded to Neutral from Buy at BofA/Merrill.
02/29/16
SCOT
02/29/16
DOWNGRADE
SCOT
Sector Perform
Nevsun Resources downgraded to Sector Perform from Outperform at Scotiabank
Scotiabank downgraded Nevsun Resources to Sector Perform due share price appreciation.
04/27/16
RBCM
04/27/16
UPGRADE
RBCM
Outperform
Nevsun Resources upgraded to Outperform from Sector Perform at RBC Capital

TODAY'S FREE FLY STORIES

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General news
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RBS

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$8.46

-0.02 (-0.24%)

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TROX

Tronox

$21.88

0.07 (0.32%)

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UBNK

United Financial

$17.92

-0.03 (-0.17%)

18:00
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United Financial reports Q4 provision for loan losses $2.3M »

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UBNK

United Financial

$17.92

-0.03 (-0.17%)

17:59
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Earnings
United Financial reports Q4 EPS with items 19c, consensus 30c »

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SPY

SPDR S&P 500 ETF Trust

$283.29

0.6 (0.21%)

, SPX

S&P 500

17:55
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General news
Breaking General news story on SPDR S&P 500 ETF Trust, S&P 500 »

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SPY

SPDR S&P 500 ETF Trust

$283.29

0.6 (0.21%)

SPX

S&P 500

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17:55
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Conference/Events
Federal Reserve Bank of Chicago President participates in a discussion »

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HESM

Hess Midstream Partners

$21.75

0.45 (2.11%)

17:46
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Hess Midstream Partners raises quarterly dividend 3.6% to 32.2c per unit »

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GWB

Great Western

$44.29

0.53 (1.21%)

17:33
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Great Western announces financial impact resulting from Tax Cuts and Jobs Act »

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  • 25

    Jan

ARAY

Accuray

$5.20

0.05 (0.97%)

, TSS

TSYS

$83.92

0.17 (0.20%)

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On The Fly: After Hours Movers »

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ARAY

Accuray

$5.20

0.05 (0.97%)

TSS

TSYS

$83.92

0.17 (0.20%)

CERS

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$4.33

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NTIP

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$2.60

0.1 (4.00%)

GOOG

Alphabet

$1,169.97

14.16 (1.23%)

GOOGL

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$1,176.17

12.01 (1.03%)

QGEN

Qiagen

$33.55

0.5 (1.51%)

SIRI

SiriusXM

$5.68

0.03 (0.53%)

VLO

Valero

$98.69

-0.26 (-0.26%)

UAL

United Continental

$77.97

1.1 (1.43%)

NAVI

Navient

$13.44

-0.08 (-0.59%)

CREE

Cree

$35.02

-1.67 (-4.55%)

COF

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$105.71

0.22 (0.21%)

TXN

Texas Instruments

$119.89

0.45 (0.38%)

PBYI

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$90.90

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SIGM

Sigma Designs

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FPRX

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$22.43

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RCKT

Rocket Pharmaceuticals

$15.19

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TK

Teekay Corp.

$10.74

0.05 (0.47%)

SBBP

Strongbridge Biopharma

$8.70

0.25 (2.96%)

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UAL

United Continental

$77.97

1.11 (1.44%)

17:25
01/23/18
01/23
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17:25
Earnings
United Continental sees FY18 EPS $6.50-$8.50, consensus $6.97 »

Sees FY18 CapEx…

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  • 23

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17:25
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Conference/Events
The Chicago Council on Global Affairs to hold a panel discussion »

The Chicago Council on…

MULE

MuleSoft

$25.08

-0.31 (-1.22%)

17:21
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MuleSoft initiated  »

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  • 15

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MDB

MongoDB

$28.83

0.02 (0.07%)

17:19
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Initiation
MongoDB initiated  »

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UAL

United Continental

$77.97

1.1 (1.43%)

17:19
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Hot Stocks
Breaking Hot Stocks news story on United Continental »

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UAL

United Continental

$77.97

1.1 (1.43%)

17:18
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Hot Stocks
Breaking Hot Stocks news story on United Continental »

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APTI

Apptio

$24.39

0.02 (0.08%)

17:17
01/23/18
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Initiation
Apptio initiated  »

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  • 05

    Feb

VMW

VMware

$137.96

1.27 (0.93%)

17:16
01/23/18
01/23
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17:16
Initiation
VMware initiated  »

Nomura starts VMware with…

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UAL

United Continental

$77.97

1.1 (1.43%)

17:13
01/23/18
01/23
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17:13
Hot Stocks
United: Strategic initiatives expected to moderate impact of high PRASM growth »

Says United Premium Pass…

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  • 23

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MSFT

Microsoft

$91.90

0.29 (0.32%)

17:13
01/23/18
01/23
17:13
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17:13
Initiation
Microsoft initiated  »

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  • 31

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  • 07

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GDS

GDS Holdings

$26.75

-0.22 (-0.82%)

17:13
01/23/18
01/23
17:13
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17:13
Syndicate
GDS Holdings files to sell 8M American Depositary Shares »

GDS Holdings announced…

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ORCL

Oracle

$51.12

0.41 (0.81%)

17:12
01/23/18
01/23
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17:12
Initiation
Oracle initiated  »

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RHT

Red Hat

$128.15

0.14 (0.11%)

17:10
01/23/18
01/23
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17:10
Initiation
Red Hat initiated  »

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  • 23

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BA

Boeing

$335.59

-2.41 (-0.71%)

17:10
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Hot Stocks
Boeing awarded $150M U.S. Air Force contract »

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  • 31

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UCBI

United Community Banks

$31.56

0.34 (1.09%)

17:08
01/23/18
01/23
17:08
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17:08
Earnings
United Community Banks reports Q4 operating EPS 42c, consensus 41c »

Reports Q4 revenue…

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  • 24

    Jan

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