-
Stocks To Watch For July 7
Wednesday, July 6, 2011 - 11:28pm | 259Some of the stocks that may grab investor focus today are: Wall Street expects WD-40 Company (NASDAQ: WDFC) to report its FQ3 EPS at $0.53 on revenue of $87.55 million. WDFC shares gained 0.89% to close at $40.85 yesterday. Zumiez Inc (NASDAQ: ZUMZ) reported a 9.8% rise in its June sales at...
-
US Stock Futures Up Ahead Of Factory-Orders Data
Tuesday, July 5, 2011 - 5:15am | 316US stock futures are higher this morning, as investors are awaiting factory-orders data. Futures on the Dow Jones Industrial Average surged 31 points to 12,545.00 and futures on the S&P 500 stock index rose 1.70 points to 1,336.50. Nasdaq 100 futures gained 10.00 points to 2,365.25. US stocks...
-
Stocks To Watch For July 5
Tuesday, July 5, 2011 - 3:05am | 181Some of the stocks that may grab investor focus today are: The New York Times Company (NYSE: NYT) sold more than half of its minority ownership in the Boston Red Sox. NYT shares dropped 0.11% to close at $8.71 on Friday. Whirlpool Corp (NYSE: WHR) said that the United States District Court of...
-
Stocks to Watch for 07/1/11: Fresh 52 Week Highs and Lows
Friday, July 1, 2011 - 3:16am | 2869Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Walter Investment Company (NYSE: WAC): Shares of Walter Investment hit a 52-week...
-
Stocks to Watch for 6/29/11: Fresh 52 Week Highs and Lows
Wednesday, June 29, 2011 - 3:11am | 2861Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session: 1) CIGNA (NYSE: CI): Shares of CIGNA hit a 52-week high of $51.16 in Tuesday's...
-
Companies Presenting Today at Oppenheimers Consumer Conference
Tuesday, June 28, 2011 - 7:40am | 384Today in Boston, several companies will be presenting at Oppenheimer's 11th Annual Consumer Conference at the Four Seasons Hotel. Below is a schedule of publicly-traded companies and their presentation times: 9:30am: Six Flags (NYSE: SIX) TJX Companies (NYSE: TJX) 10:05am: Pool Corp (NYSE: POOL)...
-
Stanley Black & Decker Holds Onto Slight Gains As Company Bids On Niscayah
Monday, June 27, 2011 - 1:11pm | 126Stanley Black & Decker, Inc. (NYSE: SWK) shares are holding onto slight gains after the company announced this morning that it intended to buy Niscayah for $1.2 billion. The company announced it was buying the Swedish security technology solutions company for SEK18 a share, making the deal...
-
UPDATE: Stanley Black & Decker Announces Acquisition of Niscayah Shares
Monday, June 27, 2011 - 1:06pm | 75Stanley Black & Decker (NYSE: SWK) announced that its wholly owned Swedish subsidiary acquired earlier today in Europe, through purchases made outside its pending tender offer to acquire all the outstanding shares and warrants of Niscayah Group AB, 21,010,494 class B shares of Niscayah,...
-
Market Roundup
Monday, June 27, 2011 - 10:59am | 329Shares of MetLife Inc (NYSE: MET) gained about 0.8% after Franco-Belgian financial services group Dexia SA (OTC: DXBGF) agreed to sell its Turkish life insurance business to MetLife for 162 million euros ($229.3 million). The transaction is likely to close by the end of 2011. MetLife will buy Dexia...
-
UPDATE: Fitch Affirms A- Rating on Stanley Black & Decker After Niscayah Acquisition Proposal
Monday, June 27, 2011 - 8:49am | 41Fitch Ratings has affirmed its ratings for Stanley Black & Decker (NYSE: SWK), including the company's Issuer Default Rating at 'A-' following the announcement that it has offered to acquire Niscayah for about $1.2 billion.
-
Benchmark Reiterates Buy on iRobot Corporation
Monday, June 27, 2011 - 8:27am | 39Benchmark reiterated its Buy rating on iRobot Corporation (NASDAQ: IRBT). At the moment, Benchmark has a price target of $40 placed on the company's stock. On Friday, iRobot ended the week at $32.80.
-
News Summary for June 27, 2011
Monday, June 27, 2011 - 7:01am | 321This is your Benzinga news summary and traders' outlook for Monday, June 27, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading slightly higher with the U.S. dollar trading slightly flat on the session...
-
Deutsche Bank Discusses Stanley, Black & Decker Acquisition
Monday, June 27, 2011 - 6:33am | 167Deutsche Bank has a Buy rating and a $90 price target on shares of Stanley Black & Decker, Inc. (NYSE: SWK) after it was reported this morning that Stanley Black & Decker had made a bid for Niscayah. In a note to clients, Deutsche Bank writes, "Stanley is projecting EPS accretion of 20c in...
-
Deutsche Bank Updates 6/27
Monday, June 27, 2011 - 5:42am | 237Deutsche Bank made a number of updates in a research report published today. PGT Inc (NASDAQ: PGTI) had its rating maintained at Buy and its price target reiterated at $3.50. On Friday, PGT added 7.18% to its value to finish the week at $1.94. Cliffs (NYSE: CLF) had its rating maintained at Buy...
-
US Stock Futures Up Ahead Of Consumer Spending Data; All Eyes On Greek Crisis
Monday, June 27, 2011 - 5:07am | 271US stock futures are higher this morning, as investors are awaiting data on consumer spending. Futures on the Dow Jones Industrial Average surged 34 points to 11,915.00 and futures on the S&P 500 stock index rose 4.90 points to 1,267.90. Nasdaq 100 futures jumped 9.25 points to 2,217.00. US...