-
Making Money on Miners, Part IV
Wednesday, April 6, 2011 - 12:35pm | 856In dividing-up the “evolution” of a mining project into seven specific phases, these individual phases are not equal increments – in terms of either the amount of time required, or the amount of money spent. Rather, they mark milestones in the development of a mining project which tend to lead to...
-
Seattle Genetics Reports Brentuximab Vedotin Data at EBMT Annual Meeting
Wednesday, April 6, 2011 - 8:05am | 228Seattle Genetics, Inc. (Nasdaq: SGEN) today announced that data from a case series of Hodgkin lymphoma patients receiving brentuximab vedotin following allogeneic stem cell transplant were presented in an oral session at the European Group for Blood and Marrow TransplantationAnnual Meeting in Paris...
-
The Japanese Economy Is In Much Bigger Trouble Than Most People Think
Wednesday, April 6, 2011 - 1:00am | 1568Now that nearly a month has gone by since the horrific tsunami in Japan on March 11th, it is starting to become clear just how much economic damage has been done. The truth is that the Japanese economy is in much bigger trouble than most people think. This is almost certainly...
-
KBW Maintains $4.50 Target On FFKY
Tuesday, April 5, 2011 - 7:39am | 66KBW is maintaining its $4.50 PT on shares of First Financial Service Corp. (NASDAQ: FFKY). “FFKY's fourth quarter results fell far short of both the Street and our estimate, largely due to a ($0.94)/shr write down of its DTA and elevated credit costs,” KBW writes. “TCE fell 120 bps to 3.91% and...
-
Kearny Financial President & COO Assumed Role as CEO (KRNY)
Monday, April 4, 2011 - 11:05am | 18Kearny Financial (NASDAQ: KRNY) President & COO Assumed Role as CEO.
-
Keefe Bruyette & Woods Gives Company Update On First Defiance Financial Corp.
Monday, April 4, 2011 - 8:35am | 110First Defiance Financial Corp. (NASDAQ: FDEF) recently announced it raised approximately $19.6 million at $13.25 per share, or 80% of pro forma TBV/share. In addition to significantly improving liquidity at the holding company, Keefe Bruyette & Woods believes the capital raise improves the...
-
Merger Arbitrage Mondays – April 04, 2011
Monday, April 4, 2011 - 3:38am | 4862Merger activity increased last week with six new deals announced and four deals closing. I received an email over the weekend from someone who was new to the Merger Arbitrage strategy and wanted to learn more about it. I pointed him to my article on the Pfizer – Wyeth deal, which provides an...
-
Rome Bancorp Halted; NASDAQ Requesting Additional Information (ROME)
Friday, April 1, 2011 - 8:07am | 17Rome Bancorp Halted; NASDAQ Requesting Additional Information (NASDAQ: ROME)
-
Mad Money Lightning Round: Cramer Advises Investors To Buy Consolidated Edison (ED, AKAM, KMX, MHS, ESRX, MEE, BTU, AEM, GG, POT, DE, OKE, FNFG)
Friday, April 1, 2011 - 1:33am | 308On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Consolidated Edison (NYSE: ED) is “one of the best in show. I reiterate my buy." He believes that Akamai Technologies (NASDAQ: AKAM) is “just OK. It doesn't have a catalyst." For Carmax (NYSE: KMX), he said, "People did not like...
-
Dahlman Rose Reiterates Buy Rating on Seabridge Gold (SA)
Thursday, March 31, 2011 - 1:06pm | 181Dahlman Rose is out with a research report this afternoon, where it reiterates its Buy rating on Seabridge Gold (AMEX: SA); it has a $129.60 price target on the stock. The DR analysts cited the company's recent announcement that it is investing $7.3MM in exploration at its 100% owned Courageous...
-
Calls Purchased on People's United Financial (PBCT)
Thursday, March 31, 2011 - 12:47pm | 139Shares of People's United Financial (NASDAQ: PBCT) are higher on the session by 0.32%, currently trading at $12.61. The stock has been moving largely lower over the past three months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name...
-
NASDAQ Stocks Hitting 52-Week Highs (GSLA, MINI, MIND, SSRI)
Thursday, March 31, 2011 - 10:01am | 141GS Financial Corp (NASDAQ: GSLA) shares jumped 16.35% to create a new 52-week high of $20.35. Home Bancorp Inc (NASDAQ: HBCP) announced its plans to buy GSLA for $26.2 million. Mobile Mini Inc (NASDAQ: MINI) shares gained 0.80% to touch a new 52-week high of $23.89. MINI's PEG ratio is 1.08....
-
Morning Market Movers (SYMX, AMIE, TSLA, GSLA)
Thursday, March 31, 2011 - 9:47am | 145Synthesis Energy Systems Inc (NASDAQ: SYMX) climbed 43.90% to $2.95 at 9:45 am. SYMX reported $83.8 million investment by China Energy Industry Holding Group. Ambassadors International Inc (NASDAQ: AMIE) shares surged 33.48% to $3.11. AMIE shares have dropped 43.99% over the past 52 weeks, while...
-
Home Bancorp Acquiring GS Financial (HBCP, GSLA)
Thursday, March 31, 2011 - 8:20am | 52Home Bancorp (NASDAQ: HBCP) is acquiring GS Financial (NASDAQ: GSLA) for $26.2 million. Home Bancorp will pay $21 for each share of GS Financial which is about a 20 percent premium over GS Financial's closing price of $17.49 on Wednesday.
-
GS Financial Halted (GSLA)
Wednesday, March 30, 2011 - 5:12pm | 15GS Financial (NASDAQ: GSLA) halted for trading.