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UPDATE: Stifel Nicolaus Initiates Cintas at Hold (CTAS)
Tuesday, May 17, 2011 - 7:39am | 123Stifel Nicolaus is out with its report today on Cintas (NASDAQ: CTAS), initiating CTAS at Hold. In a note to clients, Stifel Nicolaus writes, "We are initiating coverage of Cintas Corporation with a Hold, or neutral, rating on the shares. Cintas is a market leading provider of uniform rentals and...
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Top 4 Small-Cap Stocks In The Processing Systems & Products Industry With The Highest Revenue (PLT, SGK, TKLC, RVSN)
Monday, May 16, 2011 - 11:26pm | 124Below are the top small-cap processing systems & products stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Plantronics Inc (NYSE: PLT) is $683.60 million. PLT's PEG ratio is 1.07. The trailing-twelve-month revenue at Schawk Inc (NYSE: SGK) is $456.15...
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Options Brief: Corrections Corporation of America (CXW)
Monday, May 16, 2011 - 1:27pm | 76Shares of Corrections Corporation of America (NYSE: CXW) are lower on the session by 11.43%, trading at $23.02. Overall put volume is now running at 198x the daily average, with 52% of all puts traded being purchases on the offer. 1,980 contracts have traded on the session so far. Corrections...
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Top Percentage Gainers and Losers as of 2:15pm 5/16/2011 (VITA, SYK, CISG, TISA, ENOC, TSTC, SPMD, KNDI, ABIO, KONG, OXGN, VRML, PSTR, FXCM, ATRN, SYMX, GSL)
Monday, May 16, 2011 - 1:15pm | 627Best 1) Orthovita (NASDAQ: VITA): Trading up 40.1% from Friday's close to $3.82. Orthovita is set to be acquired by Stryker (NYSE: SYK) for $3.85 per share in cash. The deal is valued at $316 million. 2) CNinsure (NASDAQ: CISG): Trading up 30.3% from Friday's close to $17.15. CNinsure received an...
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Trade Alert: ENOC Breaking Out
Monday, May 16, 2011 - 10:31am | 157By Jeff, of Hedge Fund Live - EnerNOC (ENOC), the company that develops and provides clean and intelligent power solutions to commercial, institutional and industrial customers is up 22% today after being upgraded by Credit Suisse. Looking at the chart above you can see the name is really...
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Benzinga's Volume Movers (CISG, SIGA, NDAQ, ENOC)
Monday, May 16, 2011 - 9:32am | 190CNinsure Inc (NASDAQ: CISG) shares moved up 29.94% to $17.10 at 10:30 am. The volume of CISG shares traded was 1031% higher than normal. CISG's Board of Directors received a preliminary non-binding going private proposal. SIGA Technologies Inc (NASDAQ: SIGA) shares rose 5.00% to $14.90. The volume...
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News Summary
Monday, May 16, 2011 - 8:38am | 215Shares of Rowan Companies Inc (NYSE: RDC) gained about 3.6% after Joy Global Inc (NASDAQ: JOYG) agreed to acquire LeTourneau Technologies Inc from Rowan Companies for $1.1 billion in cash. The deal has been approved by boards of directors of both the companies. Joy Global expects the deal to...
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Stocks to watch on 5/16/11- VITA, LOW, NDAQ, ICE, NYX, PRM, JCP, JOYG, IRM, TCG, DISH, RDC, NFLX, SYK…
Monday, May 16, 2011 - 8:15am | 1372Orthovita Inc. (VITA) agreed to be acquired by Stryker Corp. (SYK) for a $3.85 a share in cash in a deal valued at $316 million. Lowe's Cos. (LOW) estimated that for the fiscal second quarter ending July 29, it would earn 65 cents to 69 cents a share on 4% higher total sales and 2% higher same-...
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CCA Announces $100 Million Increase in Share Repurchase Program
Monday, May 16, 2011 - 7:34am | 97CCA (NYSE: CXW) announced today its Board of Directors has authorized an increase in the aggregate amount the Company may repurchase under its previously announced share repurchase program from $250.0 million to $350.0 million. The Company's Board also authorized the extension of the share...
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Benzinga's Top Pre-Market NASDAQ Gainers (CISG, TSTC, CNTF, ENOC)
Monday, May 16, 2011 - 7:21am | 155CNinsure Inc (NASDAQ: CISG) shares surged 24.16% to $16.34 in the pre-market session. CISG's Board of Directors received a preliminary non-binding going private proposal. Telestone Technologies Corp (NASDAQ: TSTC) shares advanced 18.53% to $8.25 in the pre-market session. TSTC reported a 30.0%...
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FTI Consulting Announces New Collaboration With Media Measurement and Research Firm Rentrak Corporation
Monday, May 16, 2011 - 6:18am | 143FTI Consulting (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its Communications, Media and Entertainment specialty practice has entered into a strategic agreement with Rentrak Corporation (Nasdaq:...
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Iron Mountain To Sell Its Assets To Autonomy For $380 million
Monday, May 16, 2011 - 4:23am | 117Iron Mountain Inc (NYSE: IRM) agreed to sell its online backup & recovery, digital archiving and eDiscovery solutions to Autonomy Corp (OTC: AUTNF) for $380 million cash. The deal is likely to close within 45 to 60 days. “This transaction is another significant step in delivering on the...
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Stocks Going Ex Dividend the Fourth Week of May
Friday, May 13, 2011 - 11:43pm | 731Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Independent Proxy Advisory Firms Recommend Stockholders Support Mac-Gray's Director Nominees
Friday, May 13, 2011 - 1:00pm | 53Mac-Gray Corporation (NYSE: TUC) today announced that Glass Lewis & Co., LLC and Egan-Jones Proxy Services have recommended that its clients support Mac-Gray's incumbent director nominees. The two firms have advised that shareholders vote for Chairman Thomas Bullock and Directors William...
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CEOWORLD Top Computer Services Stocks on 5/13/11- ZANE, MCHX, DTLK, GKNT, QIHU, CASS, MAIL, HSTM, REDF, INTX, ONSM…
Friday, May 13, 2011 - 6:16am | 1628Zanett Inc. (ZANE) is trading at a price of $1.07 , a dramatic change of 0.06 with % change of 5.95 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 9.91M Marchex Inc. (MCHX) is trading at a price of...