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Huron Consulting Group Appoints C. Mark Hussey as Chief Financial Officer
Tuesday, July 19, 2011 - 6:55am | 58Huron Consulting Group Inc. (NASDAQ: HURN) today announced the appointment of C. Mark Hussey as executive vice president, chief financial officer, and treasurer. Hussey succeeds James K. Rojas, who was appointed Huron's chief operating officer on March 31, 2011 and continued to serve as CFO and...
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Acacia Subsidiary Enters into Settlement Agreement with NetIQ
Tuesday, July 19, 2011 - 6:16am | 53Acacia Research Corporation (Nasdaq: ACTG) announced earlier today that its Data Detection Systems LLC subsidiary has entered into a settlement agreement with NetIQ Corporation regarding a patent for monitoring computer applications. The settlement agreement resolves litigation that was pending...
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Fortress International Group Selected as Design Builder for 399,000 Square Foot Mission-Critical Facility in Atlanta
Tuesday, July 19, 2011 - 6:12am | 281Fortress International Group, Inc. (OTC: FIGI) today announced that its wholly-owned subsidiary, Total Site Solutions, has been selected to provide design and construction management services for the redevelopment of a 399,000 square foot mission-critical facility located in Atlanta, GA. This 21-...
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JP Morgan Raises PT On Acacia Research To $44.50
Tuesday, July 19, 2011 - 6:05am | 28JP Morgan has raised the price target on Acacia Research Corporation (NASDAQ: ACTG) from $41 to $44.50 and maintains its Overweight rating.
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Earnings Scheduled For July 19
Tuesday, July 19, 2011 - 2:20am | 474Harley-Davidson Inc (NYSE: HOG) is projected to report its Q2 EPS at $0.71 on revenue of $1.26 billion. Yahoo! Inc (NASDAQ: YHOO) is projected to report its Q2 earnings at $0.18 per share on revenue of $1.11 billion. Bank of America Corporation (NYSE: BAC) is expected to post a Q2 loss at $0.90...
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Puts Purchased on Cintas
Monday, July 18, 2011 - 10:09am | 109Shares of Cintas (NASDAQ: CTAS) are lower on the session by 1.74%, currently trading at $30.52. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago the...
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Pointer Telocation Ltd. Announces the Appointment of Arnoldo Meiselmann to CEO of Mexico Operations
Monday, July 18, 2011 - 7:38am | 107Pointer Telocation Ltd. (Nasdaq: PNTR) announced today the appointment of Mr. Arnoldo Meiselmann as Chief Executive Officer of Pointer Recuperacion de Mexico SA de CV, the company's subsidiary in Mexico. Mr. Meiselmann commenced his office as Chief Executive Officer, in charge of the company's...
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News Summary for July 15, 2011
Friday, July 15, 2011 - 6:53am | 571This is your Benzinga news summary and traders' outlook for Friday, July 15, 2011, covering headlines from overnight and Friday pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading slightly higher despite a U.S. debt downgrade warning by the S&P. The U.S....
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NASDAQ Stocks Hitting 52-Week Lows
Thursday, July 14, 2011 - 9:27am | 143Cogo Group Inc (NASDAQ: COGO) shares fell 2.78% to create a new 52-week low of $4.55. COGO is scheduled to report its Q2 results on August 4. Commonwealth Bankshares Inc (NASDAQ: CWBS) shares dropped 11.22% to create a new 52-week low of $0.37. CWBS shares have dropped 78.68% over the past 52...
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The GEO Group Announces $100M Stock Repurchase Program
Thursday, July 14, 2011 - 7:20am | 94The GEO Group (NYSE: GEO) announced today that its Board of Directors has approved a stock repurchase program of up to $100.0 million of GEO's common stock effective through December 31, 2012. The stock repurchase program will be funded primarily with cash on hand, free cash flow, and borrowings...
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Stocks to Watch for Thursday 7/14/2011: Fresh 52 Week Highs and Lows
Thursday, July 14, 2011 - 1:29am | 1820Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Wednesday's trading session (listed from highest total volume to lowest): 1) SPDR Gold Shares (NYSE: GLD):...
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Options Brief: Iron Mountain
Wednesday, July 13, 2011 - 10:24am | 83Shares of Iron Mountain (NYSE: IRM) are higher on the session by 1.21%, trading at $35.64. Overall put volume is now running at 4.33x the daily average, with 59% of all puts traded being purchases on the offer. 2,114 contracts have traded on the session so far. Iron Mountain Incorporated is an...
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Market Update
Wednesday, July 13, 2011 - 9:03am | 151Shares of Carriage Services (NYSE: CSV) gained about 1.4% after the company declared a quarterly dividend of $0.025 per share. Shares of Healthcare Services Group Inc (NASDAQ: HCSG) dropped about 4.2% after the group reported a 13% rise in its second-quarter net income. HCSG reported its quarterly...
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Morgan Keegan Slightly Lowers Estimates On Healthcare Services Group
Wednesday, July 13, 2011 - 6:59am | 73According to Morgan Keegan, Healthcare Services (NASDAQ: HCSG) estimates are slightly lowered. Morgan Keegan said that Healthcare Services Group reported second quarter EPS of $0.15, matching the estimate. “Due to lower-than-expected margins, we are lowering our 2011 and 2012 EPS estimates...
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Morgan Keegan Lowers PT On Healthcare Services To $19
Wednesday, July 13, 2011 - 5:08am | 28Morgan Keegan has lowered the price target on Healthcare Services Group (NASDAQ: HCSG) from $19.25 to $19 and maintains its Outperform rating.