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Mad Money Lightning Round: Cramer Likes National Grid
Monday, June 27, 2011 - 12:05am | 220On CNBC's Mad Money, Jim Cramer said during the Lightning Round that National Grid (NYSE: NGG) is a “high-yielding utility and I want to stick with it." Cramer said that he “likes Macy's (NYSE: M) but the stock has had a big run and the market's been choppy. I'll give it a thumbs up but the market...
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Premier Exhibitions Announces Preliminary Results for the First Quarter of Fiscal 2012; EBITDA to be $2M for Q1 2012
Thursday, June 23, 2011 - 9:06am | 347Premier Exhibitions, Inc. (Nasdaq: PRXI) disclosed preliminary financial results for the first quarter of fiscal 2012. The Company also announced preliminary financial data for the first quarter of fiscal 2012, which ended May 31, 2011. Overall, quarterly financial performance improved, as the...
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Premier Exhibitions Announces the Appointment of Michael Little to the Position of Chief Financial Officer
Thursday, June 23, 2011 - 9:04am | 224Premier Exhibition (Nasdaq: PRXI) today announced the appointment of Michael Little as Chief Financial Officer of the Company. In addition, the Company disclosed preliminary financial results for the first quarter of fiscal 2012. Michael Little will assume the position of Chief Financial Officer...
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Cedar Fair Names Former Disney Exec. Matthew A. Ouimet President of the Company
Monday, June 20, 2011 - 8:58am | 63Cedar Fair Entertainment Company (NYSE: FUN) today announced that Matthew A. Ouimet has been named president of the Company, effective immediately. Ouimet, 53, will succeed Dick Kinzel, 70, as chief executive officer, who will retire upon the expiration of his contract on January 3, 2012. Today's...
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Q Investments Responds to Cedar Fair's Claim That Its Latest Action is a Waste of Unitholders' Resources
Friday, June 17, 2011 - 12:37pm | 215Q Funding III, L.P. and Q4 Funding, L.P. today responded to Cedar Fair's (NYSE: FUN) press release claiming that Q Investments' latest action is a costly waste of unitholders' resources. To set the record straight, Q Investments would like to highlight to its fellow unitholders the actions of...
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8 Stocks With Significant Insider Buying
Friday, June 10, 2011 - 12:07pm | 556Insider Monkey provides free insider trading and hedge fund holdings data. We believe insiders have an edge over other investors because insiders know more about their companies than do outsiders. That's why insiders aren't allowed to trade based on material non-public information. Most insiders...
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Jefferies Reiterates Buy on Vail Resorts
Friday, June 10, 2011 - 8:56am | 106Jefferies is out with its report today on Vail Resorts (NYSE: MTN), reiterating Buy. In a note to clients, Jefferies writes, "MTN reported a solid quarter as pricing power returns and ancillary revenue continues to improve. The results and the capital return through a dividend are confirmation...
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KBW Has Outperform On Vail Resorts
Friday, June 10, 2011 - 7:46am | 104KBW has an Outperform rating and a $58 price target on shares of Vail Resorts, Inc. (NYSE: MTN). In a note to clients, KBW writes, "MTN reported 3Q11 operating EPS $0.14 better than our outlook, with upside to our forecast driven by better ticket pricing. MTN's initiation of a $0.15 quarterly...
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Peter J. Crage to Resign as Cedar Fair's Chief Financial Officer
Thursday, June 9, 2011 - 4:40pm | 196Cedar Fair Entertainment Company (NYSE: FUN) today announced that Peter J. Crage has submitted his letter of resignation as the Company's chief financial officer, effective June 22, 2011. Crage, 49, who has served in this position since 2005, is leaving the Company to pursue a new professional...
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Rodman & Renshaw Maintain Vail Resorts Market Perform
Thursday, June 9, 2011 - 4:37pm | 116Rodman & Renshaw maintained their Vail Resorts (NYSE: MTN) Market Perform rating in a research report published today. In the report, Rodman & Renshaw states, "Skier visits increased 11% to 3.6 million due to the integration of the Northstar at Tahoe resort, and meaningful improvements at...
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Earnings Roundup For June 9
Thursday, June 9, 2011 - 9:08am | 506J.M. Smucker Co (NYSE: SJM) reported better-than-expected fourth-quarter results on Thursday. Smucker reported its quarterly profit at $94.9 million, or $0.82 per share, versus $120.6 million, or $1.01 per share, in the year-ago period. Excluding one-time items, Smucker's earnings came in at $1.00...
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Cedar Fair to Acquire Land Adjacent to Dorney Park & Wildwater Kingdom to Facilitate Expansion for $2.75M
Thursday, June 9, 2011 - 9:05am | 92Cedar Fair Entertainment Company (NYSE: FUN) today announced that Lehigh County has accepted its $2.75 million bid to purchase 6.75 acres of land adjacent to Dorney Park & Wildwater Kingdom in Allentown, Pennsylvania. Pending approval from the Lehigh County Commissioners, this land...
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UPDATE: Vail Resorts Reports Q3 Net Income of $76.9M, Initiates Quarterly Cash Dividend
Thursday, June 9, 2011 - 9:03am | 197Vail Resorts Inc (NYSE: MTN) released its results for the third quarter and announced its plans to initiate a quarterly cash dividend on its common stock for the first time in the Company's history. Vail Resorts reported its net income at $76.9 million, or $2.08 per share, up from $72.8 million,...
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US Stock Futures Up As Investors Await Trade, Jobless Claims Data
Thursday, June 9, 2011 - 6:19am | 517US stock futures are higher this morning, as investors are awaiting trade and jobless claims data. Futures on the Dow Jones Industrial Average gained 28 points to 12,058.00 and futures on the S&P 500 stock index rose 3.70 points to 1,280.70. Nasdaq 100 futures surged 5.00 points to 2,253.00....
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Earnings Preview for Vail Resorts
Wednesday, June 8, 2011 - 10:01am | 343Vail Resorts (NYSE: MTN) is set to report third-quarter fiscal 2011 results Thursday, June 9, after the markets close. In the past four quarters the stock saw a bump of about 3% following earnings; will the streak continue? Analysts are looking for the resorts operator to report that earnings grew...