Cooper Industries plc

Deutsche Bank made a number of updates in a research report published today. Deutsche Bank initiated coverage of FXCM (NASDAQ: FXCM) with a Hold rating and a price target of $11. In a research report published today, Deutsche Bank states, "We are initiating coverage on FXCM, a leading provider of...

According to Citi, Cooper Industries (NYSE: CBE) $960 million bid for Laird was rejected. Citi said that it was disclosed on June 16 that UK-based electrical components maker Laird has rejected a $960 mil takeover bid by Cooper Industries. “Although the offer is a healthy 35% above the prior day...

Citi has downgraded its rating on Cooper Industries plc (NYSE: CBE) from Buy to Hold and has decreased its PT from $74 to $70 based upon media reports of an upcoming take-out. In the report, Citi writes, “In our view, the shares no longer have compelling near-term upside beyond a take-out scenario...