-
Citi Maintains Buy on Owens Corning
Friday, July 8, 2011 - 8:05am | 104Citi is out with its report today on Owens Corning (NYSE: OC), maintaining Buy. In a note to clients, Citi writes, "We rate OC a Buy/High Risk. Our analysis suggests that the market is valuing OC's profitable segments at a moderate discount to fair value and is effectively assigning no value to...
-
Hottest and Coldest Sectors for Thursday 7/7/2011
Thursday, July 7, 2011 - 7:35pm | 1705The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...
-
OCZ Technology Group Soaring 12% On Earnings
Thursday, July 7, 2011 - 12:58pm | 252OCZ Technology Group Inc. (NASDAQ: OCZ) shares are one of the best performing names on the NASDAQ today, gaining more than 12% after the solid-state-drive (SSD) company beat Wall Street analyst expectations last night. The company reported first quarter 2012 earnings of 1 cent per share on $73.8...
-
Bull & Bear: Masco
Wednesday, July 6, 2011 - 2:57pm | 215Shares of Masco Corporation (NYSE: MAS) are trading lower on the session by 0.66%, at $12.12. With the recent slide in shares, you have to wonder where they could head next… Bulls: Bulls will note that Masco Corporation is currently sitting on the $12.00 historical support level; a rally from this...
-
Earnings Preview: OCZ Technology Group & How To Trade It
Wednesday, July 6, 2011 - 12:37pm | 429OCZ Technology Group Inc. (NASDAQ: OCZ) is set to report earnings tonight after the bell, and Wall Street will be looking forward to hearing about the solid state drive (SSD) industry, and how the company is competing with Fusion-IO (NYSE: FIO) in the space, as well as any potential quality issues...
-
Market Roundup
Tuesday, July 5, 2011 - 10:58am | 217Shares of Ameron International Corp (NYSE: AMN) gained about 27% after National-Oilwell Varco Inc (NYSE: NOV) announced its plans to pay $85 per share in cash to acquire Ameron in a deal valued at $772 million. The purchase price values AMN at 28% premium over its closing price of $66.27 per share...
-
Fusion-IO Back To Soaring
Tuesday, July 5, 2011 - 10:24am | 67Fusion-IO, Inc. (NYSE: FIO) shares are back to their soaring ways, gaining another 9% in early Tuesday trading. At last check, shares of the solid state drive (SSD) maker were up $2.91 to $34.10, a gain of 9.33% on 220,000 shares. Fusion-io, Inc. focuses on the development, marketing, and sale...
-
Morning Market Movers
Tuesday, July 5, 2011 - 9:52am | 123Immucor Inc (NASDAQ: BLUD) climbed 30.44% to $27.04 at 9:50 am. BLUD agreed to be bought by TPG Capital in a deal worth $1.97 billion or $27 per share in cash. Ameron International Corp (NYSE: AMN) shares gained 27.87% to $84.74. National-Oilwell Varco Inc (NYSE: NOV) announced its plans to pay $...
-
Ameron International Trading over 27% Higher after M&A Deal for $85/Share
Tuesday, July 5, 2011 - 9:50am | 75National-Oilwell Varco Inc (NYSE: NOV) announced its plans to pay $85 per share in cash to acquire Ameron International Corp (NYSE: AMN) in a deal valued at $772 million. The purchase price values AMN at 28% premium over its closing price of $66.27 per share on Friday. Read more here.
-
National-Oilwell To Acquire Ameron For $772M
Tuesday, July 5, 2011 - 9:32am | 174National-Oilwell Varco Inc (NYSE: NOV) announced its plans to pay $85 per share in cash to acquire Ameron International Corp (NYSE: AMN) in a deal valued at $772 million. The purchase price values AMN at 28% premium over its closing price of $66.27 per share on Friday. James S. Marlen, Chairman...
-
Ameron International Soaring On Merger With National Oilwell Varco
Tuesday, July 5, 2011 - 9:11am | 252Shares of Ameron International Corporation (NYSE: AMN) are surging this morning, gaining more than 27% after the company agreed to a merger with National Oilwell Varco (NYSE: NOV) for $85 per share in cash. James S. Marlen, Chairman, President and Chief Executive Officer of Ameron International...
-
National Oilwell Varco and Ameron International Corporation Announce Merger Agreement at $85.00 per Share in Cash
Tuesday, July 5, 2011 - 9:06am | 341National Oilwell Varco, Inc. (NYSE: NOV) and Ameron International Corporation, (NYSE: AMN) have entered into an agreement under which NOV will acquire Ameron in an all cash transaction that values Ameron at approximately $772 million. Under the agreement, Ameron's stockholders would receive $85.00...
-
Top 4 Small-Cap Stocks In The General Building Materials Industry With The Lowest PEG Ratio
Friday, July 1, 2011 - 12:23am | 119Below are the top small-cap general building materials stocks on the NYSE and the NASDAQ in terms of PEG ratio LSB Industries Inc (NYSE: LXU) has a PEG ratio of 1.19. LXU's trailing-twelve-month ROE is 25.88%. Amcol International Corporation (NYSE: ACO) has a PEG ratio of 1.38. ACO's trailing-...
-
Universal Forest Products Down 10% As Company
Monday, June 27, 2011 - 3:24pm | 122Universal Forest Products Inc. (NASDAQ: UFPI) shares are plunging today, down more than 10% after the company said that weaker than expected sales are forcing it to lay off workers and take other cost cutting moves. The wood-products holding company said the measures would save $10 million per...
-
Deutsche Bank Updates 6/27
Monday, June 27, 2011 - 6:42am | 237Deutsche Bank made a number of updates in a research report published today. PGT Inc (NASDAQ: PGTI) had its rating maintained at Buy and its price target reiterated at $3.50. On Friday, PGT added 7.18% to its value to finish the week at $1.94. Cliffs (NYSE: CLF) had its rating maintained at Buy...