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Earnings Scheduled For July 19
Thursday, July 19, 2012 - 1:56am | 613Alliance Data Systems (NYSE: ADS) is expected to report its Q2 earnings at $1.91 per share on revenue of $834.09 million. Google (NASDAQ: GOOG) is projected to post its Q2 earnings at $10.05 per share on revenue of $8.41 billion. Morgan Stanley (NYSE: MS) is estimated to report its Q2 EPS at $0....
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US Stock Futures Down Ahead Of Citigroup Earnings
Monday, July 16, 2012 - 5:27am | 361US stock futures are lower this morning, as investors are awaiting earnings from Citigroup (NYSE: C). Futures for the Dow Jones Industrial Average declined 35 points to 12,677.00 and S&P 500 index futures fell 3.70 points to 1,348.00. Nasdaq 100 futures dropped 6.75 points to 2,570.25. US...
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Earnings Scheduled For July 16
Monday, July 16, 2012 - 1:20am | 325JB Hunt Transport Services (NASDAQ: JBHT) is projected to post its Q2 earnings at $0.67 per share on revenue of $1.30 billion. Gannett Co (NYSE: GCI) is expected to report its Q2 earnings at $0.52 per share on revenue of $1.32 billion. ICU Medical (NASDAQ: ICUI) is estimated to post its Q2...
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Stocks Hitting 52-Week Highs
Monday, July 2, 2012 - 12:26pm | 115Lincare Holdings (NASDAQ: LNCR) shares jumped 21.46% to create a new 52-week high of $41.32. Linde AG (OTC: LNAGF) agreed to buy Lincare Holdings for $4.6 billion. Courier (NASDAQ: CRRC) shares gained 1.66% to touch a new 52-week high of $13.47. Courier has a dividend yield of 6.30%. Denny's (...
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Lincare up 21% on $4.6B Acquisition by Linde
Monday, July 2, 2012 - 11:18am | 109Lincare Holdings (NASDAQ: LNCR) is trading hihger on the session following the announcement of an acquisition by Linde. Under the terms of the agreement, Linde will pay $41.50 per share totaling $4.6 billion. John P. Byrnes, CEO of Lincare, stated: "We are very pleased to make this announcement....
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UPDATE: Goldman Sachs Upgrades Laboratory Corp of America Holdings to Neutral on Stability, Defensiveness
Monday, July 2, 2012 - 9:38am | 128Goldman Sachs raises its rating on Laboratory Corp of America Holdings (NYSE: LH) from Sell to Neutral and raises its price target from $79 to $86. Goldman Sachs comments, "We upgrade shares of LH to Neutral from Sell and our 6-month $86 price target now implies 7.1% downside. Our upgrade is...
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Top Narrow Based Indexes For July 2
Monday, July 2, 2012 - 9:05am | 207By 10:05 am, the Dow Jones Industrial Average was down 62.93 points, or 0.49%, to 12,817.16, while the broader Standard & Poor's 500 index had dropped 4.01 points, or 0.29%. The NASDAQ composite index fell 6.24 points, or 0.21%. Some of the narrow based indexes that are supporting the markets...
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Morning Market Movers
Monday, July 2, 2012 - 8:46am | 139BrightPoint (NASDAQ: CELL) shares advanced 63.77% to $8.86 at 9:45 am. BrightPoint agreed to be bought by Ingram Micro (NYSE: IM) for $650 million or $9 per share in cash. Tegal (NASDAQ: TGAL) climbed 44.17% to $5.19. Tegal announced its plans to to acquire CollabRx Inc, a privately held...
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Benzinga's Top Pre-Market Gainers
Monday, July 2, 2012 - 7:06am | 147BrightPoint (NASDAQ: CELL) surged 63.03% to $8.82 in the pre-market session. BrightPoint agreed to be bought by Ingram Micro (NYSE: IM) for $650 million or $9 per share in cash. Lincare Holdings (NASDAQ: LNCR) added 20.96% to $41.15 in the pre-market session. German Linde AG (OTC: LNAGF) agreed...
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US Stock Futures Mixed; Dollar Rises Against Euro
Monday, July 2, 2012 - 5:33am | 310US stock futures are mixed this morning. Futures for the Dow Jones Industrial Average surged 7 points to 12,815.00 and S&P 500 index futures rose 1.40 points to 1,357.80. Nasdaq 100 futures dropped 0.50 points to 2,609.25. US stocks closed higher on Friday, with the Dow Jones Industrial...
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Linde To Acquire Lincare For $4.6B
Monday, July 2, 2012 - 2:32am | 64German Linde AG (OTC: LNAGF) agreed to buy Lincare Holdings (NASDAQ: LNCR) for $4.6 billion. Linde will offer $41.50 per share, representing a 22% premium to Lincare shares closing price of $34.02 on Friday. The deal is likely to close in the third quarter of fiscal 2012. Lincare shares closed...
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UPDATE: Jefferies Upgrades Lincare Holdings; Risk-Reward Has Improved with Potential Takeout
Friday, June 29, 2012 - 7:41am | 111Jefferies raises its rating on Lincare Holdings (NASDAQ: LNCR) from Hold to Buy and raises its price target form $27 to $38. Jefferies comments, "Raising our rating on LNCR given our view that the company is now in play, whether or not the FT article -- which noted an ongoing sale process --...
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Benzinga's Top Upgrades
Friday, June 29, 2012 - 6:59am | 122Analysts at Wells Fargo upgraded Greif (NYSE: GEF) from “market perform” to “outperform.” Greif's shares closed at $38.92 yesterday. Greif's trailing-twelve-month ROE is 10.30%. Analysts at RBC Capital upgraded Oracle (NASDAQ: ORCL) from “sector perform” to “outperform.” Oracle's stock closed at $...
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Top 4 Mid-Cap Stocks In The Medical Laboratories & Research Industry With The Highest ROA
Friday, June 29, 2012 - 1:05am | 134Below are the top mid-cap medical laboratories & research stocks on the NYSE and the NASDAQ in terms of return on assets. The trailing-twelve-month return on assets at Laboratory Corp. of America Holdings (NYSE: LH) is 10.96%. Laboratory Corp. of America's operating margin for the same period...
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UPDATE: Lincare Holdings Rises 20% on Takeover Chatter
Wednesday, June 27, 2012 - 11:16am | 60Lincare Holdings (NASDAQ: LNCR) rose 20% Wednesday to $30.24 on a report from the Financial Times Germany's Linde could offer $40 or more for the Clearwater, FL medical equipment company. A spokesperson for Linde was aware of the FT report, but would not comment.