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MFC Industrial and Compton Announce Take-Up of 94% of Compton Shares
Thursday, September 6, 2012 - 8:29pm | 208MFC Industrial Ltd. (NYSE: MIL) and Compton Petroleum Corporation (OTC: CMZPF), today announced that all of the conditions under MFC's offer (the "Offer") for all of the outstanding common shares (the "Compton Shares") of Compton have been satisfied and that MFC has, through its subsidiary taken-up...
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Benzinga's Top Upgrades
Tuesday, July 31, 2012 - 7:16am | 119Piper Jaffray upgraded Luminex (NASDAQ: LMNX) from “underweight” to “neutral.” Luminex's shares closed at $17.77 yesterday. Luminex's trailing-twelve-month operating margin is 13.99%. Bernstein upgraded Facebook (NASDAQ: FB) from “underperform” to “market perform.” Facebook's stock closed at $23....
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Luminex Corporation Announces Agreement to Acquire GenturaDx
Monday, July 9, 2012 - 8:45am | 157Luminex Corporation (NASDAQ: LMNX) today announced a definitive agreement to acquire privately-held, GenturaDx, a molecular diagnostics company focused on making nucleic acid testing both affordable and practical for any laboratory. GenturaDx is in late stage development of a fully integrated,...
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MFC Industrial Expands Its Commodities Platform, Announces Agreement To Acquire Compton Petroleum Corporation for $33M
Monday, July 9, 2012 - 7:35am | 315MFC Industrial Ltd. (NYSE: MIL) announces that it has entered into a support agreement (the "Support Agreement") with Compton Petroleum Corporation ("Compton") to acquire all of the issued and outstanding common shares of Compton (the "Compton Shares") by way of a take-over bid (the "Offer"), for...
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MFC Industrial Extends Odd-Lot Share Repurchase Program
Tuesday, May 22, 2012 - 7:57am | 42MFC Industrial Ltd. (NYSE: MIL) today announced that it will be extending its previously announced odd-lot share repurchase program, such that the repurchase program will now expire at the close of business on July 2, 2012.
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MFC Industrial Ltd. Extends Odd-Lot Share Repurchase Program
Tuesday, May 22, 2012 - 7:30am | 43MFC Industrial Ltd. ("MFC") (NYSE: MIL) today announced that it will be extending its previously announced odd-lot share repurchase program, such that the repurchase program will now expire at the close of business on July 2, 2012.
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Luminex Corporation Receives CE Mark for Revolutionary Newborn Screening Platform
Thursday, April 26, 2012 - 4:07pm | 54Luminex Corporation (NASDAQ: LMNX) announced today that it has received CE marking of both the xMAP NeoPlex4 Assay and NeoPlex® System. This unique system revolutionizes the way newborn screening is performed, providing four assays from one blood spot punch, reducing sample requirements and...
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Morning Social Media Outlook for Wednesday April 4 (CELG, LMNX, SNDK, LTD)
Wednesday, April 4, 2012 - 10:47am | 416In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis. Provided by Social Market Analytics, here is the morning social...
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Bio-Rad Laboratories up 12.7% After Announcing Agreement with Luminex
Tuesday, April 3, 2012 - 10:39am | 150Bio-Rad Laboratories (NYSE: BIO) is trading higher on the session after the company announced Luminex (NASDAQ: LMNX) and Bio-Rad are extending the global sales and distribution agreement until 2023. According to the company's news release, Bio-Rad will now offer the full range of Luminex's xMAP®...
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Earnings Scheduled For March 30
Friday, March 30, 2012 - 5:14am | 312Feihe International Inc (NYSE: ADY) is estimated to report its Q4 EPS at $0.23 on revenue of $71.29 million. Finish Line (NASDAQ: FINL) is projected to report its FQ4 earnings at $0.81 per share on revenue of 432.6 million. Kid Brands Inc (NYSE: KID) is expected to report its Q4 EPS at $0.14 on...
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Piper Jaffray Remains Underweight on Luminex Shares
Tuesday, February 7, 2012 - 10:02am | 144In a recent research report, Piper Jaffray explained why it will maintain its Underweight rating on Luminex Corporation (NASDAQ: LMNX) after the company saw 16.2% yoy revenue growth. “Management anticipates little 2012 impact from the initiatives underway to curb code stacking for molecular...
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MFC Industrial Increases 2012 Dividend by 10% to $0.22
Tuesday, January 17, 2012 - 8:30am | 136MFC Industrial Ltd. (NYSE: MIL) announces that its Board of Directors has declared an annual cash dividend for 2012 of US$0.22 per common share. The dividend is 10% higher than the dividend paid in 2011, and, based on the closing price of $7.01 for the Company's common shares on December 31, 2011...
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UPDATE: JP Morgan Downgrades Luminex to Underweight
Wednesday, January 4, 2012 - 11:42am | 139JP Morgan has downgraded Luminex (NASDAQ: LMNX) from Neutral to Underweight and maintains its $18 price target in a research report published today. In the report, JP Morgan writies, "Given management 3Q commentary for more modest consumable growth in 2012, which was a significant source of top...
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MFC Industrial Acquires Distressed Iron Ore Mine
Wednesday, January 4, 2012 - 8:34am | 57MFC Industrial Ltd. (NYSE: MIL) today announces that it has acquired, together with its partner in the project, the troubled Pea Ridge Iron Ore Mine located in Sullivan, Missouri, USA. There were numerous contractual disputes and lawsuits with the previous owners of the mine, which have now been...
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JP Morgan Downgrades Luminex to Underweight
Wednesday, January 4, 2012 - 7:50am | 24JP Morgan has downgraded Luminex (NASDAQ: LMNX) from Neutral to Underweight and maintains its $18 price target.