-
Benzinga’s Top Upgrades (ATML, MXB, MDTH, SU, RGC)
Tuesday, March 2, 2010 - 2:53pm | 250Atmel Corporation (NASDAQ: ATML) was upgraded by Broadpoint AmTech Research from “neutral” to “buy.” ATML’s shares gained 8.35% to $5.06 at 9:53 a.m. ATML’s 52-week trading range is $3.00-$5.40. ATML is expected to achieve 106.25% EPS growth in 2010. Read more about this company here. UBS upgraded...
-
MXB Benefits From Acquisition Of RISK
Tuesday, March 2, 2010 - 9:56am | 69Analysts at Keefe Bruyette upgrade MSCI Inc (NYSE: MXB) from "market perform" to "outperform." The target price for MXB is set to $36. According to Keefe Bruyette, the upgrade in the rating is based on valuation, following the sell-off after the RiskMetrics acquisition. MXB’s shares dipped 4.64% to...
-
MSCI Acquires RiskMetrics (MXB, RISK)
Monday, March 1, 2010 - 7:00pm | 140MSCI Inc. (NYSE: MXB) plans to buy RiskMetrics Group (NYSE:RISK) for $1.55 billion. MSCI Inc. (MXB) is a leading provider of investment decision support tools, whereas RiskMetrics (RISK) provides risk management and corporate governance services and products. The deal will be funded with cash and...
-
KKR Financial Holdings (KFN) Swings To Profit
Monday, March 1, 2010 - 6:19pm | 77KKR Financial Holdings LLC (NYSE: KFN) announced late on Monday that the company had swung to a 4th quarter profit. KKR Financial Holdings reported net income of $2.12 million, or 1 cent per share, compared to a loss of $1.18 billion, or $7.85 per share, during the same quarter a year earlier. KKR...
-
M&A Activity Drives Stocks Up On Wall Street
Monday, March 1, 2010 - 4:32pm | 175Sudden M&A activities moved U.S. stocks higher on Monday morning, helped along by stronger-than-expected consumer spending and signs that a Greek bail-out may be imminent. American International Group Inc. (NYSE: AIG) rose 9.3% to $27.07 after Prudential (NYSE: PRU) agreed to buy its Asian...
-
MSCI (MXB) To Acquire Riskmetrics Group (RISK) For $1.55 Billion
Monday, March 1, 2010 - 4:19pm | 71Being downgraded by Maxim Group from a Buy to a Hold rating didn't hurt the share price of Riskmetrics Group Inc (NYSE: RISK) after the company agreed to be acquired by MSCI Inc (NYSE: MXB). Riskmetrics Group agreed to be acquired for $1.55 billion, or $21.75 a share, of cash and stock by MSCI Inc...
-
Stocks That Created New 52-Week Highs (IPXL, LCAPA, NEWS, NEWT, NXTM)
Thursday, February 25, 2010 - 2:24pm | 277Impax Laboratories Inc (NASDAQ: IPXL) shares climbed to $15.24 to create a new 52-week high before slipping to $15.08. IPXL has reported its strongest Q4 and FY09 results in its history due to record sales from its global products sales channel. Read more about this company here. Liberty Media...
-
Benzinga’s Top Upgrades (CME, ES, FARO, SOL, STP)
Thursday, February 25, 2010 - 2:19pm | 266CME Group Inc (NASDAQ: CME) was upgraded by Deutsche Bank from “hold” to “buy”. CME has a 52-week trading range of $169.03-$353.03. CME’s quarterly earnings growth is 227.70% y/y. Read more about this company here. FBR Capital upgraded EnergySolutions Inc (NYSE: ES) from “underperform“ to “market...
-
CME Upgraded To Buy At Deutsche Bank (CME)
Thursday, February 25, 2010 - 1:12pm | 153Shares of CME Group (NASDAQ: CME) were upgraded from Hold to Buy today at Deutsche Bank. The price target was also raised from $320 to $325. The analyst said that the recent pullback in the stock on regulatory concerns might provide a good entry point, as core trends at CME are driving earnings...
-
Berkshire Hathaway (BRK.A) Credit Risk Drops To 17-Month Low Despite Downgrades
Tuesday, February 23, 2010 - 1:28pm | 293Bloomberg has reported that despite the downgrades to Berkshire Hathaway, Inc. (NYSE: BRK.A), investors showed their faith, and pushed the price of default protection on the firm. Berkshire credit-default swaps fell to their lowest level in 17 months, ending at 128.1 basis points yesterday in New...
-
Charles Schwab (SCHW) Moving To New York Stock Exchange
Monday, February 22, 2010 - 7:15pm | 80The Charles Schwab Corporation (Nasdaq: SCHW) announced that it would move its stock listing from the Nasdaq OMX Group Inc. (Nasdaq: NDAQ) Nasdaq stock exchange to the NYSE Euronext (NYSE: NYX) New York Stock Exchange. Charles Schwab Corporation will make the transition on March 5 and the financial...
-
Benzinga's Unusual Volume (PCLN, CLW, NIHD)
Thursday, February 18, 2010 - 11:35am | 215Unusual volume is a great opportunity to watch the true economics of investing as supply and demand change stock prices. The following stocks give a great list of what is moving in the market and why. Stocks rising on unusual volume: - Priceline.com (NASDAQ: PCLN) up 8.93%, 1,677% volume change due...
-
CME Group CEO Interviewed on Fox Business
Wednesday, February 17, 2010 - 4:43pm | 209CME Group (NYSE: CME) CEO Terry Duffy was interviewed on Fox Business. Mr. Duffy said he was excited that they were able to buy 90% of Dow Jones Index from News Corp. (NASDAQ: NWSA). He believes that the CME Group is in a position to deliver value to its shareholders, regardless if it’s during a...
-
Benzinga’s Top Pre-Market Losers (GSIC, PRAA, SQNM, OC, CTXS)
Wednesday, February 17, 2010 - 9:46am | 287GSI Commerce, Inc. (NASDAQ: GSIC) decreased 3.23% to $24.55 in the pre-market session. GSI Commerce announced yesterday that QK Holdings Inc., a subsidiary of QVC Inc., which is a subsidiary of Liberty Media Corporation attributed to its Interactive Group (Nasdaq: LINTA), has agreed to sell 9,248,...
-
Benzinga’s Volume Movers (DGIT, PRAA, SMCI, FOSL, NIHD)
Tuesday, February 16, 2010 - 3:50pm | 208DG FastChannel, Inc (NASDAQ: DGIT) shares jumped 11.51% to $32.51. The volume of DGIT shares traded was 509% higher than normal. DGIT posted an 81% jump in Q4 earnings. Portfolio Recovery Associates, Inc (NASDAQ: PRAA) shares climbed 4.78% to $55.05. The volume of PRAA shares traded was 341% higher...