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Company News for December 15, 2010 - Corporate Summary
Wednesday, December 15, 2010 - 11:10am | 638• Joy Global (NASDAQ:JOYG) reported fiscal fourth quarter earnings of $1.39, ahead of the Zacks Consensus Estimate of $1.16, on revenues of $1.05 billion that topped the Zacks Consensus Estimate of $925.0 million. The firm provided upside 2011 guidance of $5.00-$5.30, above the Zacks Consensus...
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Oppenheimer Initiating Coverage On Endologix (ELGX)
Wednesday, December 15, 2010 - 10:01am | 161Oppenheimer is initiating coverage on Endologix, Inc. (NASDAQ: ELGX) with an Outperform rating and a $10 price target on shares. In a note sent to clients, Oppenheimer writes, "We are initiating coverage of ELGX with an Outperform rating and $10 PT. ELGX is an emerging player in the device...
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A Peek Into The Market Before The Trading Starts
Wednesday, December 15, 2010 - 8:48am | 498Pre-open movers US stock futures are lower this morning as investors are awaiting inflation and manufacturing data. Futures on the Dow Jones Industrial Average dropped 34 points to 11,387 and S&P 500 futures lost 2.60 points to 1,234. Nasdaq 100 futures dipped 7 points to 2,207. A Peek Into...
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Novartis Completes Takeover Of Alcon
Wednesday, December 15, 2010 - 8:35am | 202Novartis AG (NYSE: NVS) completed the $51 billion takeover of Alcon Inc (NYSE: ACL) by reaching a deal to purchase the remaining stake in ACL. Novartis will be acquiring the 23% of the remaining minority stake in Alcon for $12.9 billion. NVS will pay $168 per outstanding Alcon share, consisting of...
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Oppenheimer Initiates Endologix At Outperform
Wednesday, December 15, 2010 - 8:17am | 21Oppenheimer has initiated coverage on Endologix, Inc. (NASDAQ: ELGX) with an Outperform rating.
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US Stock Futures Down As Investors Await Economic Data
Wednesday, December 15, 2010 - 7:56am | 273US stock futures are lower this morning as investors are awaiting inflation and manufacturing data. Futures on the Dow Jones Industrial Average dropped 43 points to 11,378.00 and S&P 500 futures lost 5.50 points to 1,231.30. Nasdaq 100 futures dipped 9.50 points to 2,204.50. US stocks closed...
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Synergetics Announces First Quarter EPS of $.03
Tuesday, December 14, 2010 - 5:59pm | 39Synergetics USA, Inc. (NASDAQ: SURG) today reported its results for the first quarter ended October 31, 2010. The Company reported first quarter 2011 sales of $12.1 million and net income of $633,000, or $0.03 per diluted share.
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Novartis Presents Positive Data - Analyst Blog
Tuesday, December 14, 2010 - 1:30pm | 550Recently, Novartis AG (NVS) presented data from a phase II study of its drug Afinitor at the annual Antonio Breast Cancer Symposium. The study was testing Afinitor plus hormonal therapy tamoxifen in patients with advanced metastatic breast cancer who have been previously treated with an aromatase...
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Novartis Presents Positive Data - Analyst Blog
Tuesday, December 14, 2010 - 12:30pm | 550Recently, Novartis AG (NVS) presented data from a phase II study of its drug Afinitor at the annual Antonio Breast Cancer Symposium. The study was testing Afinitor plus hormonal therapy tamoxifen in patients with advanced metastatic breast cancer who have been previously treated with an aromatase...
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DENTSPLY Ties Up with Korean Firm - Analyst Blog
Friday, December 10, 2010 - 2:30pm | 523Leading dental products maker DENTSPLY International (XRAY) has collaborated with South-Korean dental implant devices maker DIO Corporation. The companies will focus on dental implant production across Asia and Europe leveraging their top-notch manufacturing capabilities. Busan-based DIO...
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DENTSPLY Ties Up with Korean Firm - Analyst Blog
Friday, December 10, 2010 - 1:47pm | 523Leading dental products maker DENTSPLY International (XRAY) has collaborated with South-Korean dental implant devices maker DIO Corporation. The companies will focus on dental implant production across Asia and Europe leveraging their top-notch manufacturing capabilities. Busan-based DIO...
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, December 9, 2010 - 9:18am | 341Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Allianz SE (AZSEY) Baidu.com, Inc. (BIDU) The Cooper Companies, Inc. (COO) Crawford & Co (CRD.B) EnerSys (ENS) View the entire Zacks #1 Rank List. ALLIANZ AG-ADR (AZSEY): Free Stock Analysis Report BAIDU INC (BIDU): Free...
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, December 9, 2010 - 9:14am | 348Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Allianz SE (AZSEY) Baidu.com, Inc. (BIDU) The Cooper Companies, Inc. (COO) Crawford & Co (CRD.B) EnerSys (ENS) View the entire Zacks #1 Rank List. ALLIANZ AG-ADR (AZSEY): Free Stock Analysis Report BAIDU INC (BIDU): Free...
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Cooper Outperforms, Profit Zooms - Analyst Blog
Thursday, December 9, 2010 - 7:03am | 844Eye-care and surgical products maker Cooper Companies Inc. (COO) reported healthy fourth-quarter fiscal 2010 (ended October 31) results with adjusted earnings per share of $1.09 outdoing the Zacks Consensus Estimate of 86 cents and the year-ago earnings of 67 cents. For fiscal 2010, adjusted...
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Uroplasty Addsof Robert Kill to its Board of Directors
Wednesday, December 8, 2010 - 5:15pm | 37Uroplasty, Inc. (Nasdaq: UPI) today announced the appointment of Mr. Robert (Rob) Kill to its Board of Directors. Mr. Kill's appointment increases the membership on the Board to seven.