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Morgan Stanley Updates 7/6
Wednesday, July 6, 2011 - 6:19am | 197Morgan Stanley made a number of updates in a research report published today. Intuit (NASDAQ: INTU) had its rating lowered from Overweight to Equal-weight. At the same time, the rating agency removed its price target on the company's stock. On Tuesday, Intuit added 0.23% to its value to end the...
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Valassis Completes Exchange Offer for 6-5/8% Senior Notes due 2021
Tuesday, July 5, 2011 - 4:01pm | 109Valassis (NYSE: VCI) announced today that it has completed its exchange offer to exchange up to $260,000,000 aggregate principal amount of its new 6-5/8% Senior Notes due 2021 and the related guarantees of its subsidiary guarantors, in each case, which have been registered under the Securities Act...
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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...
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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...
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Robinsons Land Corporation (RLC) Target Price
Monday, July 4, 2011 - 8:00pm | 450Robinsons Land Corporation (RLC) Consensus Target Price: PHP 15.80 Firm Analyst Target Price Date Released Kim Eng Securities Nerecina 12.71 6/15/2011 JPMorgan Lopez 16.52 5/19/2011 citisecOnline Laneda 16.65 5/19/2011 Phil. Equity Partners Velasco 15.50 5/13/2011 CLSA...
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Top 4 Small-Cap Stocks In The Internet Information Providers Industry With The Highest Cash
Thursday, June 30, 2011 - 11:25pm | 132Below are the top small-cap internet information providers stocks on the NYSE and the NASDAQ in terms of cash. InterXion Holding NV (NYSE: INXN) had $325.31 million in total cash and $367.82 million in total debt for the latest quarter. SouFun Holdings Limited (NYSE: SFUN) had $264.24 million in...
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Piper Jaffray Reiterates Overweight and PT of $49 on McGraw-Hill Companies
Thursday, June 30, 2011 - 6:58am | 47Piper Jaffray reiterated its Overweight rating on McGraw-Hill Companies (NYSE: MHP). At the same time, Piper Jaffray left its price target on the company's stock unchanged at $49. On Wednesday, McGraw-Hill added 1.82% to its value to end the day at $41.30.
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Martha Stewart Living Omnimedia and Clarkson Potter Announce Extended Partnership
Wednesday, June 29, 2011 - 8:28am | 82Martha Stewart Living Omnimedia Inc. (NYSE: MSO) and Clarkson Potter/Publishers, an imprint of the Crown Publishing Group at Random House, Inc., today announced an extension of their long-time collaboration with a new agreement to publish 12 books through 2016. All titles are expected to be...
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McGraw-Hill Board Authorizes New 50M Share Repurchase Program
Wednesday, June 29, 2011 - 8:04am | 69The McGraw-Hill Companies (NYSE: MHP) today announced that its Board of Directors has authorized a new stock repurchase program for up to 50 million shares, or approximately 17% of the Company's outstanding shares. The new share repurchase authorization follows a 45 million share repurchase...
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McClatchy Announces Final Results of Debt Tender Offer
Monday, June 27, 2011 - 3:06pm | 103The McClatchy Company (NYSE: MNI) announced today the final results of its offer to purchase for cash $65 million of its 2017 senior secured notes. Based on the count provided by the trustee for the notes, none of the 2017 senior secured notes were tendered prior to the offer's expiration at 11:59...
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Options Brief: The New York Times Company
Monday, June 27, 2011 - 11:35am | 76Shares of The New York Times Company (NYSE: NYT) are higher on the session by 3.51%, trading at $8.26. Overall call volume is now running at 1,312x the daily average, with 50% of all calls traded being purchases on the offer. 1,312 contracts have traded on the session so far. The New York Times...
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Stocks to Watch for 6/24/11: Fresh 52 Week Highs and Lows
Friday, June 24, 2011 - 3:30am | 2005Stocks 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) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...
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Benchmark Revises Earnings Estimates on Gannett
Thursday, June 23, 2011 - 6:01am | 141Benchmark revised its earnings estimates on Gannett (NYSE: GCI). In a research report published today, Benchmark stressed weak newspaper advertising as the reason for its decision. In the report, Benchmark states, "We are revising our FY11 estimates in view of the continued weakness in...
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Benchmark Reiterates Hold on the McClatchy Company
Thursday, June 23, 2011 - 5:51am | 126Benchmark reiterated its Hold rating on the McClatchy Company (NYSE: MNI). In a research report published today, Benchmark stressed it believes the company to return to positive growth this year. In the report, Benchmark states, "We do not see a return to positive growth this year, though...
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Wednesday's S&P Sector Recap 6/22/11
Wednesday, June 22, 2011 - 4:44pm | 1502The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...