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Wall Street Breakfast: Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), Weatherford International Ltd (NYSE:WFT), Rexahn Pharmaceuticals, Inc. (NYSEMKT:RNN)

Boston, MA 03/04/2014 (wallstreetpr) – Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) which has announced ordering machinery equipment that is worth approximately $17.80 million, will have its executives at the upcoming technology conference in Taiwan. The company announced that it will hold one-on-one meeting sessions with interested investors during the Bank of America Corp. (NYSE:BAC) conference dates. Participation in the said conference will be by invitation only and through registration. The fabless maker of display and semiconductor products said it will be at the BAC Technology & Beyond Conference from March 17 to 21. Shares of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) changed hands at $18.3 by bell time, after losing 0.22 of their market value.

Weatherford International Ltd (NYSE:WFT) shares lost 2.46 percent in Monday trading to change hands at $16.26 by bell time. That loss happened just when the company had its stock rating boosted by investment analysts at UBS. The rating firm issued a note to investors that upgraded WFT to a “buy” recommendation, up from “neutral” in the previous sentiment. UBS also assigned a new price target on the stock at $19, an improvement from $15. The latest price target on the stock of WFT signals a significant upside potential from the stock’s prevailing price. The analysts cited their reason for rating upgrade on WFT stock as debt reduction, growing FCF, new management team and asset sales. Weatherford International Ltd (NYSE:WFT) is a player in the oil and gas industry where it provides equipment and services.

Rexahn Pharmaceuticals, Inc. (NYSEMKT:RNN) has announced Mark P. Carthy its latest director. The company issued a press release Monday that Mr. Carthy was joining its board of directors. RNN management hailed Mr. Carthy for his extensive financial and business experience which will be very important towards attaining the company’s aspirations. Mr. is a co-founder and managing partner at Orion Equity Partner. Shares of Rexahn Pharmaceuticals, Inc. (NYSEMKT:RNN) surged5.19 percent to end the last trading session at $1.42.

Published by Van Bettauer

Van Bettauer is a financial aficionado from Vancouver, British Columbia. He currently studies at UBC, pursuing a Bachelors of Science degree. Van has been freelance writing for many years, specializing in copywriting, report writing and article writing. The combination of his scientific studies and writing experience brings a new and fresh perspective to the financial world. Visit Bettauer's Google+ page at the following address: https://plus.google.com/100770875710593766367/posts



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