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Ford to Begin Windsor Production - Analyst Blog
Wednesday, December 30, 2009 - 11:50am | 373Ford Motor (F) has decided to begin production of the V-8 engine at its Essex Engine plant in Windsor, Ontario, which was shut down in 2007. The engine will be used in Ford’s 2011 Mustang GT. According to a contract talk with Canadian Auto Workers (CAW) in October, Ford will employ 200 workers...
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Top 5 Small-Cap NASDAQ Stocks In The Consumer Goods Sector With The Highest Dividend Yield (COBR, WSCI, UG, SGC, TBAC)
Tuesday, December 29, 2009 - 9:19am | 183Below are the top 5 small-cap Consumer Goods stocks on the NASDAQ in terms of dividend yield. The dividend yield at Cobra Electronics Corp (NASDAQ: COBR) is 10.32%. COBR’s market capitalization is $10.03 million. COBR’s shares have declined by 3.13% over the past three months. The dividend yield at...
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Benzinga’s Volume Movers (OSIS, GPRE, CALM, ASEI, CSKI)
Monday, December 28, 2009 - 2:24pm | 214OSI Systems Inc (NASDAQ: OSIS) shares rose by 12.22% to $24.71. The volume of OSIS shares traded was 655% higher than normal. OSIS designs, manufactures and sells specialized electronic systems and components to be used in homeland security applications, healthcare and the defense and aerospace...
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New 52-Week High Stocks (CAMT, PCX, MRM, FSII, CSKI)
Thursday, December 24, 2009 - 9:52am | 202Camtek LTD. (NASDAQ: CAMT) hits a new 52-week high at $2.40 in today’s morning trade. Currently, CAMT is trading at $2.40, up 17.65%. So far in the current year, Camtek gained over 590%. Patriot Coal Corporation (NYSE: PCX) has soared 2.11% to $16.44 in the morning trading hours. Today PCX has...
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Top 5 Small-Cap NASDAQ Stocks with Highest ROE (BARE, NRGP, SOLR, STAN, OSIP)
Thursday, December 24, 2009 - 7:23am | 196Below are the top 5 large-cap stocks on the NASDAQ in terms of highest return on equity. The return on equity for Bare Escentuals Inc (NASDAQ: BARE) is 408.27%. BARE’s market capitalization is $1.14 billion. Piper Jaffray upgraded BARE from “neutral” to “overweight.” The ROE for Inergy Holdings LP...
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Benzinga’s Top Pre- Market Gainers (CHTT, QUIX, AUTH, VITC, UTSI, NVMI)
Tuesday, December 22, 2009 - 9:39am | 224Chattem Inc (NASDAQ: CHTT) has jumped 32.60% to $92.79 following the news of the company’s acquisition by French drug maker Sonofi Aventis. CHTT’s 52-week trading range is $50.10-$93.21. Quixote Corporation (NASDAQ: QUIX) shares have surged 17.89% to $2.24. QUIX has sold off its Inform unit in a $...
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Benzinga’s Top Pre- Market Gainers (CHTT, QUIX, AUTH, VITC, UTSI, NVMI)
Tuesday, December 22, 2009 - 9:39am | 224Chattem Inc (NASDAQ: CHTT) has jumped 32.60% to $92.79 following the news of the company’s acquisition by French drug maker Sonofi Aventis. CHTT’s 52-week trading range is $50.10-$93.21. Quixote Corporation (NASDAQ: QUIX) shares have surged 17.89% to $2.24. QUIX has sold off its Inform unit in a $...
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Benzinga’s Top Downgrades (XTO, WRC, NRGP, GIGM, IMAX, CHTT)
Tuesday, December 22, 2009 - 9:25am | 284XTO Energy Inc. (NYSE: XTO) has increased 0.04% to $47.01 despite XTO being downgraded by KeyBanc Capital Markets to Hold from Buy. The 52-week trading range for XTO is $28.64 - $49.10. In the previous trading session, XTO closed at $46.99. The Warnaco Group, Inc. (NYSE: WRC) was today downgraded...
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Stock Market News for December 22, 2009 - Market News
Tuesday, December 22, 2009 - 9:18am | 497A series of corporate deal announcements and analyst upgrades of two Dow components returned to boost confidence on the Street and sent stocks sharply higher even as a controversial legislation to revamp the U.S. healthcare system inched closer toward finalization. The mergers and acquisition...
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Chattem Inc (CHTT) Downgraded To Neutral After Acquisition
Tuesday, December 22, 2009 - 8:38am | 112Analysts at SunTrust Robinson Humphrey downgraded shares of Chattem Inc (NASDAQ: CHTT) from buy to neutral. The downgrade followed Monday’s announcement by Sanofi-Aventis (ADR) (NYSE: SNY) of the acquisition of Chattem Inc for $93.50 a share. Analysts at SunTrust Robinson Humphrey feel that the...
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Health Brings Wealth To The Street (PFE, MRK, AET, UNH, SNY, CHTT)
Monday, December 21, 2009 - 2:23pm | 158The health-care sector led the surge in U.S. stock market on Monday. The key triggers were a crucial Senate vote and a merger activity. The U.S. Senate voted to advance healthcare legislation. David Resler of Nomura Securities, speaking to the Wall Street Journal, stated that the legislation ‘...
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Benzinga’s Volume Movers (CHTT, CTCM, CSKI, BUCY, TCBI)
Monday, December 21, 2009 - 1:58pm | 269Some of the stocks that saw extraordinary trading this morning are: Chattem Inc (NASDAQ: CHTT) shares surged 32.80% to $92.93. The volume of CHTT shares traded was 7,101% higher than normal. CHTT is being bought by French drug-maker Sanofi-Aventis SA in a deal valued at $1.9 billion. CTC Media Inc...
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Holiday Gift To Chattem (CHTT) Holders From Sanofi (SNY)
Monday, December 21, 2009 - 1:44pm | 131Sanofi-Aventis’ (NYSE: SNY) all-cash tender offer of $93.50 per share to Chattem (NASDAQ: CHTT) shareholders is a great deal as it represents 34% premium to the last closing price of around $70. The definitive agreement was announced by Chattem today and is expected to create the fifth-largest...
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Top Gainers in NASDAQ (CHTT, BUCY, INCY, SBLK, MAIL)
Monday, December 21, 2009 - 12:54pm | 194The top gainers in the NASDAQ Composite Index are: Chattem Inc (NASDAQ: CHTT) shares have jumped 32.68% to $92.85. CHTT is being bought by French drug-maker Sanofi-Aventis SA in a deal valued at $1.9 billion. Bucyrus International Inc (NASDAQ: BUCY) shares have risen by 9.44% to $55.64. BUCY is...
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Chattem Inc. (CHTT) Spikes With High Volumes On Buyout By French Company
Monday, December 21, 2009 - 12:33pm | 100French company Sanofi-Aventis has finalized a deal to buy U.S. consumer healthcare group Chattem Inc. (Nasdaq: CHTT) for around $1.9 billion to gain OTC presence in United States market. Sanofi said it would start a tender offer for all of Chattem's (CHTT) shares at $93.50 per share, a premium of...