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Highfields Capital Comments on End of CoreLogic's Strategic Review
Tuesday, February 28, 2012 - 7:31am | 563Highfields Capital Management LP, the largest shareholder of CoreLogic, Inc. (NYSE: CLGX), today made the following statement in response to CoreLogic's announcement ending its strategic review process. Jonathon S. Jacobson, Founder, CEO and Chief Investment Officer, said, “We are very...
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National Technical Systems Acquires Lightning Technologies for $6M
Friday, September 2, 2011 - 5:58am | 53National Technical Systems, Inc. (NASDAQ: NTSC) announced today the acquisition of the business and assets of Lightning Technologies, Inc. for $6 million in cash, plus an earn-out of up to an additional $1 million based on meeting certain performance targets within the first 48 months following the...
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Delcath Announces Top-Line Results From Metastatic Colorectal Cohort in Phase II Trial of Chemosaturation System
Thursday, September 1, 2011 - 5:41am | 247Delcath Systems, Inc. (NASDAQ: DCTH) reported top-line results from the metastatic colorectal (adenocarcinoma) cohort of the Phase II clinical trial of the Delcath chemosaturation system with melphalan in the treatment of patients with unresectable liver cancer. The Company also confirmed plans to...
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Morning Market Movers
Wednesday, August 31, 2011 - 8:50am | 112D. Medical Industries Ltd (NASDAQ: DMED) shares surged 23.89% to $3.06 at 9:45 am. DMED reported its Q2 sales of NIS 523 thousand (US$ 153 thousand). ADA-ES Inc (NASDAQ: ADES) shares advanced 21.83% to $16.74. ADA-ES agreed to pay $33 million to settle Norit International dispute. Cell...
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A Peek Into The Market Before The Trading Starts
Wednesday, August 31, 2011 - 6:29am | 389Pre-open movers US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average jumped 86 points to 11,578.00 and S&P 500 index futures rose 10 points to 1,214.80. Nasdaq 100 futures gained 18.50 points to 2,245.50. A Peek Into...
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Salesforce.com and Dun & Bradstreet Form Alliance
Wednesday, August 31, 2011 - 6:10am | 70Salesforce.com (NYSE: CRM) and D&B (NYSE: DNB) today announced an alliance to make D&B the exclusive provider of company information on 200 million global businesses for Data.com. Data.com will seamlessly integrate D&B's company information with Jigsaw's complete contact information to...
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Charles River May Buyback Up to $7.5M of Shares
Tuesday, August 30, 2011 - 4:30pm | 85Charles River Associates (NASDAQ: CRAI) today announced that its Board of Directors has authorized an expanded share repurchase program of up to $7.5 million of its common stock, in addition to its currently existing share repurchase program. In July 2010, the Company announced that its Board of...
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Hill International Subsidiary Receives Contract to Provide Project Management Services for Two Office Buildings in Brazil
Tuesday, August 30, 2011 - 10:34am | 72Hill International (NYSE: HIL), announced today that its subsidiary Engineering S.A. has received a contract from Multiplan, a leading Brazilian real estate developer with 13 shopping centers currently under construction, to provide project management services in connection with the construction of...
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Acacia Subsidiary Enters into Settlement Agreement with Siemens
Tuesday, August 30, 2011 - 5:56am | 75Acacia Research Corporation (Nasdaq: ACTG) announced today that its subsidiary, Kellstrom Integration Solutions LLC, has settled with Siemens Product Lifecycle Management Software Inc. concerning patents that apply to systems and methods for transferring assembly data. This settlement agreement...
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Financial Breakfast for August 29, 2011
Monday, August 29, 2011 - 6:31am | 445This is your Benzinga news summary and traders' outlook for Monday, August 29, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading higher. At last check, Dow futures are up about 100 points and the U.S....
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The Corporate Executive Board Announces New $50M Stock Repurchase Program
Monday, August 29, 2011 - 6:00am | 60The Corporate Executive Board Company (NYSE: EXBD) today announced that its Board of Directors has approved a new $50 million stock repurchase program, which is authorized through Dec. 31, 2012. During the third quarter of 2011, CEB also utilized the remaining amount available under its previous...
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G&K Services Increases Quarterly Dividend by 37% to $0.13
Friday, August 26, 2011 - 6:30am | 42G&K Services, Inc. (NASDAQ: GKSR) announced today that its Board of Directors has declared a quarterly dividend of $0.13 per share, an increase of approximately 37 percent from its previous quarterly dividend of $0.095 per share.
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A Peek Into The Market Before The Trading Starts
Thursday, August 25, 2011 - 6:32am | 427Pre-open movers US stock futures are mixed this morning, as investors are awaiting jobless claims data. Shares of Apple Inc (NASDAQ: AAPL) dropped about 2.6% in pre-market trading following the resignation of Chief Executive Officer Steve Jobs. Futures for the Dow Jones Industrial Average gained 23...
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Acacia Subsidiary Enters into License Agreement with Force 10 Networks, Inc.
Thursday, August 25, 2011 - 5:45am | 65Acacia Research Corporation (Nasdaq: ACTG) announced today that its Chalameau Power Systems LLC subsidiary has entered into a license agreement with Force 10 Networks, Inc. covering patents generally relating to Power Over Ethernet technology. The agreement resolves litigation that was pending in...
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Barrington Research Comments on G&K Services
Wednesday, August 24, 2011 - 4:24pm | 121Barrington Research provided color on G&K Services (NASDAQ: GKSR) in a research report published today. Barrington Research has previously given G&K Services an Outperform rating and $38 price target. In the report, Barrington Research states, "G&K Services' fourth quarter and fiscal...