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Calls Purchased on Dana Holding Corp. (DAN)
Tuesday, April 5, 2011 - 1:20pm | 95Shares of Dana Holding Corp. (NYSE: DAN) are higher on the session by 3.95%, currently trading at $18.17. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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Heckmann Corporation Teams Up with Encana Natural Gas Inc., Westport Innovations Inc. and Peterbilt Motors Company to Employ the Largest Transport Fleet of Liquefied Natural Gas Powered Trucks in North America
Tuesday, April 5, 2011 - 1:12pm | 124Westport Innovations (NASDAQ: WPRT) today announced that Heckmann Corporation, a water solutions company focused on water issues worldwide and, in particular, oil and natural gas exploration and production, is teaming up with Encana Natural Gas Inc., a subsidiary of Encana Corporation, Westport and...
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Westport Innovations Halted For News (WPRT)
Tuesday, April 5, 2011 - 1:01pm | 15Westport Innovations Halted For News (NASDAQ: WPRT)
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Deutsche Bank Highlights Class 8 Orders As Surprising Upside
Tuesday, April 5, 2011 - 8:30am | 133Class 8 orders in March totaled 29.200 units, above the expectations in the mid 20,000 range, according to Deutsche Bank. In its report, Deutsche Bank writes, “The strong order numbers support the bullish comments we heard from company managements at the Mid America Truck Show last week. Order...
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Options Brief: Westport Innovations (WPRT)
Monday, April 4, 2011 - 10:52am | 83Shares of Westport Innovations (NASDAQ: WPRT) are higher on the session by 9.46%, trading at $26.27. Overall put volume is now running at 3.70x the daily average, with 20% of all puts traded being purchases on the offer. 3,756 contracts have traded on the session so far. Westport Innovations Inc...
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Benzinga's Volume Movers (EPIC, WIRE, OPTR, WPRT)
Monday, April 4, 2011 - 10:38am | 171Epicor Software Corporation (NASDAQ: EPIC) shares moved up 10.81% to $12.45 at 10:35 am. The volume of EPIC shares traded was 7675% higher than normal. Apax Partners agreed to acquire EPIC and Activant Solutions Inc for about $2 billion. Encore Wire Corporation (NASDAQ: WIRE) shares rose 5.12% to...
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Options Brief: Magna International (MGA)
Friday, April 1, 2011 - 12:21pm | 90Shares of Magna International (NYSE: MGA) are higher on the session by 0.98%, trading at $48.38. Overall put volume is now running at 3.91x the daily average, with 46% of all puts traded being purchases on the offer. 1,165 contracts have traded on the session so far. Magna International Inc. is...
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Exide Technologies Reaches Settlement With United States
Friday, April 1, 2011 - 9:36am | 151Exide Technologies (Nasdaq: XIDE) and the United States government have reached an agreement, contingent on federal bankruptcy court approval, to settle the U.S. government's proofs of claim filed on behalf of the Environmental Protection Agency and the National Oceanic and Atmospheric...
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Deutsche Bank Maintains Buy on Dana Corporation (DAN)
Friday, April 1, 2011 - 8:42am | 106Deutsche Bank is out with its report today on Dana Corporation (NYSE: DAN), maintaining Buy. In a note to clients, Deutsche Bank writes, "We believe Dana is the most compelling way to gain exposure to an improving commercial vehicle market Dana currently trades at 4.6x our conservative 2012...
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S&P Raises Rating On Lear Corp To 'BB' (LEA)
Thursday, March 31, 2011 - 10:17am | 22S&P raises its credit rating on Lear Corp (NYSE: LEA) today to 'BB'.
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Options Brief: Westport Innovations Inc. (WPRT)
Wednesday, March 30, 2011 - 10:50am | 84Shares of Westport Innovations Inc. (NASDAQ: WPRT) are higher on the session by 9.33%, trading at $21.09. Overall call volume is now running at 2.05x the daily average, with 47% of all calls traded being purchases on the offer. 1,019 contracts have traded on the session so far. Westport...
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Benzinga's Volume Movers (CEPH, SHPGY, CLNE, WPRT)
Wednesday, March 30, 2011 - 10:26am | 173Cephalon Inc (NASDAQ: CEPH) shares moved up 28.02% to $75.21 at 10:25 am. The volume of CEPH shares traded was 4404% higher than normal. Valeant Pharmaceuticals International (NYSE: VRX) made an unsolicited $5.7 billion offer to purchase Cephalon. Shire plc (NASDAQ: SHPGY) shares rose 1.01% to $87...
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Maxim Downgrades SORL To Hold
Wednesday, March 30, 2011 - 8:38am | 20Maxim has downgraded SORL Auto Parts (NASDAQ: SORL) from Buy to Hold.
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Gentex Announces New Rear Camera Display Mirror Program With Nissan
Wednesday, March 30, 2011 - 8:36am | 52Gentex Corporation (NASDAQ: GNTX) has announced that it is shipping auto-dimming rearview mirrors with its Rear Camera Display (RCD) feature for the 2011 X-Trail, Nissan's (NSANY) compact crossover sport utility vehicle.
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Dana Names Roger J. Wood Its New CEO
Wednesday, March 30, 2011 - 8:31am | 56Dana Holding Corporation (NYSE: DAN) today announced the appointment of a new chief executive officer and president, Roger J. Wood, effective April 18. Wood is a long-time employee of BorgWarner Inc., where he has been an executive vice president, and group president and general manager of its...