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Journal Communications Subsidiary Announces Sale of its Pelican Press Businesses
Thursday, June 9, 2011 - 7:35am | 56Journal Community Publishing Group, Inc., a subsidiary of Journal Communications, Inc. (NYSE: JRN) today announced the sale of the Pelican Press and PelicanPress Marketplace businesses to The Observer Group, Inc., a Florida Corporation. The Pelican Press businesses operate in Sarasota, Florida....
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Stocks to Watch: Fresh 52-Week Highs and Lows
Thursday, June 9, 2011 - 3:33am | 823The following stocks hit new 52-week highs in Wednesday's trading session: 1) 8x8 (NASDAQ: EGHT): Shares of 8x8 hit a 52-week high of $3.97 in Wednesday's session. The stock was heavily sold into, however, finishing 7.7% lower on the day at $3.48. The year-to-date performance of 8x8 is a gain of...
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Mad Money Lightning Round OT: Cramer Is Bearish On SLW (SLW, SSP, UNIS)
Wednesday, June 8, 2011 - 6:34pm | 195Jim Cramer said on CNBC's Mad Money Lightning Round OT that silver stocks are broken, and Silver Wheaton Corp. (USA) (NYSE: SLW) deserves to trade lower. He is a seller of this stock. Silver Wheaton Corp. (USA) (SLW) fell 3.95% today, and it closed at $32.37. There is not a lot of risk in The E.W...
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Morning Market Movers
Wednesday, June 8, 2011 - 8:50am | 123FiberTower Corporation (NASDAQ: FTWR) shares advanced 23.53% to $1.47 at 9:45 am. FTWR shares have dropped 65.20% over the past 52 weeks, while the S&P 500 index has gained 20.99% in the same period.. Pharmasset Inc (NASDAQ: VRUS) shares surged 19.34% to $129.24. VRUS expanded its study of...
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Ayala Land, Inc. (ALI) Target Price
Tuesday, June 7, 2011 - 10:02pm | 445Ayala Land, Inc. (ALI) Consensus Target Price: PHP 19.70 Firm Analyst Target Price Date Released Deutsche Bank Sy 17.82 5/30/2011 Kim Eng Securities Nerecina 18.71 5/16/2011 Credit Suisse Narvaez 20.32 5/13/2011 Phil. Equity Partners Velasco 18.08 5/12/2011...
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Morning Market Movers
Tuesday, June 7, 2011 - 8:49am | 125Temple-Inland Inc (NYSE: TIN) shares advanced 41.22% to $29.67 at 9:45 am. Temple-Inland adopted the stockholder rights plan. TIN rejected a $3.3 billion unsolicited takeover bid from International Paper Co (NYSE: IP). Alto Palermo SA (NASDAQ: APSA) shares surged 23.76% to $25.00. APSA's trailing-...
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National Bank Provides Color on Thomson Reuters, Outperform
Tuesday, June 7, 2011 - 7:06am | 143National Bank provided color on Thomson Reuters (NYSE: TRI) after the company announced its plans to sell its Healthcare division by the end of this year. In a research report published today, National Bank states "TRI has indicated that its guidance for 2011 ex-FX is unchanged as it continues to...
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Citi Provides Color on Thomson Reuters, Hold
Tuesday, June 7, 2011 - 6:43am | 125Citi provided color on Thomson Reuters (NYSE: TRI) as the company announced its plans to sell its Healthcare business by the end of this year. In a research report published today, Citi states, "Thomson Reuters announced that it intends to divest its Healthcare business from its "Health &...
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Alliance Global Group, Inc. (AGI) Target Price
Monday, June 6, 2011 - 7:49pm | 498Alliance Global Group, Inc. (AGI) Consensus Target Price: PHP 13.72 Firm Analyst Target Price Date Released Macquarie Ilagan 12.00 5/31/2011 Credit Suisse Tinga 13.69 5/23/2011 CLSA Venezuela 12.94 5/23/2011 CitisecOnline Lu 17.25 5/20/2011 Wealth Securities Avinante 14...
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Piper Jaffray Maintains Moody's, McGraw-Hill Estimates
Monday, June 6, 2011 - 6:39am | 99Piper Jaffray is maintaining its estimates on shares of Moody's Corp. (NYSE: MCO) and The McGraw-Hill Companies, Inc. (NYSE: MHP). “Based on the strength in May issuance, we see a positive bias to estimate revisions going into the 2Q reporting period,” Piper Jaffray writes. “However, given a more...
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Top 4 Small-Cap Stocks In The Marketing Services Industry With The Highest ROE
Sunday, June 5, 2011 - 11:52pm | 134Below are the top small-cap marketing services stocks on the NYSE, the NASDAQ and the AMEX in terms of return on equity. The trailing-twelve-month return on equity at Arbitron Inc (NYSE: ARB) is 68.07%. ARB's PEG ratio is 1.16. The trailing-twelve-month return on equity at Valassis Communications...
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Market Turning Points Newsletter
Sunday, June 5, 2011 - 6:14pm | 824June 5, 2011 Market Turning Points By Andre Gratian Precision timing for all time frames through a 3-dimensional approach to technical analysis: Cycles - Breadth - P&F and Fibonacci price projections “By the Law of Periodical Repetition, everything which has happened once must happen again...
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Valassis Commences Exchange Offer for its 6 5/8% Senior Notes due 2021
Friday, June 3, 2011 - 9:35am | 252Valassis (NYSE: VCI) announced today that it has commenced an offer to exchange up to $260,000,000 aggregate principal amount of its new 6 5/8% Senior Notes due 2021and the guarantees of Valassis' subsidiary guarantors, in each case, which have been registered under the Securities Act of 1933, as...
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Options Brief: The New York Times Company
Friday, June 3, 2011 - 9:19am | 89Shares of The New York Times Company (NYSE: NYT) are higher on the session by 5.28%, trading at $7.97. Overall call volume is now running at 5.07x the daily average, with 56% of all calls traded being purchases on the offer. 2,644 contracts have traded on the session so far. The New York Times...
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Cebu Air, Inc. (CEB) Target Price
Thursday, June 2, 2011 - 7:42pm | 505Cebu Air, Inc. (CEB) Consensus Target Price: PHP 113.33 Firm Name Analyst Target Price Date Released CitisecOnline Lu 107.40 5/20/2011 Kim Eng Securities Nerecina 130.00 5/6/2011 Deutsche Bank Foong 102.00 4/12/2011 CLSA Venezuela 122.09 3/30/2011...