-
J.P. Morgan comments on Improved CV Mgn Visibility For Tenneco Automotive
Wednesday, March 16, 2011 - 8:29am | 134In a report published by J.P. Morgan, Tenneco Automotive (NYSE: TEN) saw improved CV Mgn visibility. J.P. Morgan said that nothing it heard dramatically altered its view though it did walk away a bit more confident on margin potential, hence its modest upward tweaks to estimates (bringing us up to...
-
Superior Industries Reports Q4 EPS of $0.82
Wednesday, March 16, 2011 - 8:20am | 61Superior Industries (NYSE: SUP) reported its Q4 EPS at $0.82, versus the consensus of $0.34. SUP reported its Q4 revenue at $191 million, versus the consensus of $175.05 million. SUP shares fell 0.88% to close at $19.18 yesterday. Read more from Benzinga's Company news.
-
JP Morgan Raises PT On Tenneco Automotive To $54
Wednesday, March 16, 2011 - 7:29am | 29JP Morgan has raised the price target on Tenneco Automotive (NYSE: TEN) from $50 to $54 and maintains its Neutral rating.
-
Options Brief: Westport Innovations (WPRT)
Tuesday, March 15, 2011 - 12:59pm | 90Shares of Westport Innovations (NASDAQ: WPRT) are lower on the session by 0.57%, trading at $16.70. Overall call volume is now running at 2.25x the daily average, with 61% of all calls traded being purchases on the offer. 1,265 contracts have traded on the session so far. Westport Innovations...
-
Quarterly Changes to the NASDAQ Q-50 Index
Monday, March 14, 2011 - 11:33am | 283The NASDAQ OMX Group, Inc. (Nasdaq: NDAQ) announced today the results of the quarterly re-ranking of the NASDAQ Q-50 Index (Nasdaq:NXTQ), which will become effective prior to market open on Monday, March 21, 2011. The following eight securities will be added to the Index: Charter Communications,...
-
Canaccord Ups MGA To Buy
Monday, March 14, 2011 - 6:59am | 47Analysts at Canaccord upgrade Magna International Inc (NYSE: MGA) from “hold” to “buy.” MGA shares dropped 0.62% to close at $49.80 on Friday. More Analyst Ratings here
-
Calls Purchased on Fuel Systems Solutions, Inc. (FSYS)
Friday, March 11, 2011 - 11:22am | 158Shares of Fuel Systems Solutions, Inc. (NASDAQ: FSYS) are lower on the session by 0.63%, currently trading at $23.72. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name...
-
Unconfirmed Rumors Circulate That (AXL) has hired an Investment Banking Firm To explore Strategic Alternatives or Sale of the Company in $23.00/$25.00 range.
Thursday, March 10, 2011 - 1:08pm | 31Unconfirmed Rumors Circulate That (AXL) has hired an Investment Banking Firm To explore Strategic Alternatives or Sale of the Company in $23.00/$25.00 Range..
-
Benzinga's Top Upgrades (TSCO, TSN, JCI, DX)
Wednesday, March 9, 2011 - 9:20am | 149Tractor Supply Company (NASDAQ: TSCO) was upgraded by RW Baird from "neutral" to "outperform." TSCO's shares closed at $54.23 yesterday. Tractor Supply's PEG ratio is 1.27. Deutsche Bank upgraded Tyson Foods Inc (NYSE: TSN) from “hold” to “buy.” TSN's shares closed at $18.80 yesterday. Tyson Foods...
-
Carl Icahn Potentially Selling Federal-Mogul Shares- Reuters
Monday, March 7, 2011 - 4:27pm | 22Carl Icahn is potentially selling his Federal-Mogul (NASDAQ: FDML) shares, Reuters reports.
-
Mad Money Lightning Round OT: Cramer Would Sell FSYS (IMAX, GPC, FSYS)
Sunday, March 6, 2011 - 3:58pm | 218On CNBC's Mad Money Lightning Round OT, Jim Cramer said that if oil goes so high that gasoline goes to $4, people are going to start selling IMAX Corporation (USA) (NYSE: IMAX). He advised his viewers to sell a half of their position in this stock. IMAX Corporation (USA) (IMAX) fell 0.39% on Friday...
-
Goldman Sachs Raises SMP Target From $14 To $15
Friday, March 4, 2011 - 10:12am | 35Goldman Sachs is raising its PT on shares of Standard Motor Products, Inc. (NYSE: SMP) from $14 to $15. Standard Motor Products closed Thursday at $12.56.
-
Citi Reiterates Buy Rating On MGA
Friday, March 4, 2011 - 10:09am | 124Citi is reiterating its Buy rating on shares of Magna International Inc. (NYSE: MGA). “With regard to Europe, management reiterated that the region's difficulties are well-understood and addressable over time through footprint optimization, efficiencies and roll-off of unprofitable contracts,” Citi...
-
Finkelstein Thompson LLP Announces Investigation of EnergyConnect Group, Inc.
Thursday, March 3, 2011 - 5:37pm | 69Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of EnergyConnect Group, Inc. (“EnergyConnect” or the “Company”) (OTC: ECNG) concerning the definitive merger agreement under which EnergyConnect would be acquired by Johnson Controls, Inc. (NYSE: JCI) (“Johnson...
-
EnergyConnect to Be Acquired by Johnson Controls for $0.2253 Per Share
Thursday, March 3, 2011 - 10:02am | 119EnergyConnect Group, Inc. (ECNG) signed a merger agreement with Johnson Controls, Inc. (NYSE: JCI) to acquire EnergyConnect for a total cash consideration of approximately $32.3 million. Under the terms of the definitive agreement, which has been approved by EnergyConnect’s...