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Benzinga's Top Pre-Market NASDAQ Losers
Tuesday, July 12, 2011 - 7:13am | 110Microchip Technology Inc (NASDAQ: MCHP) dipped 9.82% to $33.80 in the pre-market session. MCHP lowered its fiscal first-quarter sales forecast. American Superconductor Corp (NASDAQ: AMSC) dropped 8.91% to $7.77 in the pre-market trading. AMSC will restate its results for the second and third...
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Jefferies Lowers PT On American Superconductor To $6
Tuesday, July 12, 2011 - 6:10am | 28Jefferies & Company has lowered the price target on American Superconductor Corporation (NASDAQ: AMSC) from $16 to $6 and maintains its Underperform rating.
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Guha Named Chairman Emeritus of United Solar
Monday, July 11, 2011 - 3:12pm | 34Energy Conversion Devices, Inc. (Nasdaq: ENER) today announced that Dr. Subhendu Guha has been named Chairman Emeritus of United Solar, ECD's wholly owned subsidiary, effective July 15, 2011.
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American Superconductor to Restate Financial Statements for Second and Third Quarters of Fiscal 2010
Monday, July 11, 2011 - 3:05pm | 152American Superconductor Corporation (NASDAQ: AMSC) today announced that its financial statements included in the Quarterly Reports on Form 10-Q for the fiscal quarters ended September 30, 2010 and December 31, 2010 should no longer be relied upon. AMSC has determined that revenues associated with...
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Polypore Names David A. Roberts to Board of Directors and Appoints Robert B. Toth as Chairman of the Board
Monday, July 11, 2011 - 3:01pm | 49Polypore International, Inc. (NYSE: PPO) today announced that David A. Roberts has joined the Board of Directors, replacing David A. Barr from Warburg Pincus LLC. Mr. Roberts will serve on the Company's Compensation Committee and its Nominating and Corporate Governance Committee.
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Top 4 Small-Cap Stocks In The Scientific & Technical Instruments Industry With The Highest ROE
Monday, July 11, 2011 - 10:42am | 118Below are the top small-cap scientific & technical instruments stocks on the NYSE, the NASDAQ and the AMEX in terms of return on equity. The trailing-twelve-month return on equity at eMagin Corporation (AMEX: EMAN) is 69.62%. EMAN's profit margin for the same period is 45.66%. The trailing-...
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Cooper Industries Update Regarding Possible Offer for Laird; Continues to Believe There Would Be Strategic Merit in it Acquiring Laird
Monday, July 11, 2011 - 9:17am | 568Following the recent upward movement in the Laird share price, Cooper Industries plc (NYSE: CBE) is updating the market on the current status of its interest. On June 16, 2011, Cooper announced its interest in acquiring Laird for 185 pence* per share in cash, a 35% premium to the share price the...
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Top Performing Industries For July 11
Monday, July 11, 2011 - 9:13am | 152At 10:05 am, the Dow fell 1.04% to 12,525.44, the broader Standard & Poor's 500 index moved down 1.29% to 1,326.46 and the NASDAQ composite index dropped 1.04% to 2,829.95. The industries that are still afloat in the market today are: Semiconductor - Broad Line: This industry jumped 1.89% by...
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Benzinga's Top Pre-Market NASDAQ Losers
Monday, July 11, 2011 - 7:52am | 117ASM International NV (NASDAQ: ASMI) dipped 7.07% to $35.76 in the pre-market session. ASMI's trailing-twelve-month profit margin is 10.21%. Aixtron SE (NASDAQ: AIXG) dropped 4.45% to $29.19 in the pre-market trading. AIXG's PEG ratio is 6.92. Gulfport Energy Corporation (NASDAQ: GPOR) moved down...
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The LGL Group Announces New Credit Facilities
Monday, July 11, 2011 - 7:36am | 66The LGL Group, Inc. (NYSE: LGL) announced that on June 30, 2011, the Company's wholly-owned subsidiaries M-tron Industries, Inc. and Piezo Technology Inc. closed on new credit facilities with J.P. Morgan Chase Bank, N.A., providing for aggregate borrowing availability of up to approximately $6.5...
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Jefferies' PT Changes 7/8
Friday, July 8, 2011 - 7:51am | 129Jefferies & Company has changed price targets on the following companies: Cigna (NYSE: CI) Buy, from $62 to $64 Edison International (NYSE: EIX) Buy, from $44.50 to $44 Franklin Resources (NYSE: BEN) Hold, from $130 to $135 GrafTech International (NYSE: GTI) Buy, from $30 to $28 Metals USA...
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CTDC Announces Board and Management Changes and Conducts Non-Deal Roadshow
Friday, July 8, 2011 - 7:02am | 131China Technology Development Group Corporation (Nasdaq: CTDC) announced today that the Company has made a number of changes to its board and key management positions: The Board resolved to remove Ju Zhang from the office as Executive Director effective July 7th. The Company has no disagreement...
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Jefferies Assumes Coverage Of GTI
Friday, July 8, 2011 - 6:42am | 104Jefferies has assumed coverage of GrafTech International (NYSE: GTI) with a Buy rating and a price target set at $28 from its previous $30. In the report, Jefferies writes, “We're assuming coverage on GTI with a BUY rating and $28 price target. With utilizations expected to exceed 90% for its...
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Jefferies Lowers PT On GrafTech International To $28
Friday, July 8, 2011 - 6:12am | 27Jefferies & Company has lowered the price target on GrafTech International (NYSE: GTI) from $30 to $28 and maintains its Buy rating.
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Bank of America Raises PT On SOLR To $18.50
Thursday, July 7, 2011 - 7:11am | 155Bank of America, citing positive long-term growth prospects, is raising its price target from $14 to $18.50 on GT Solar (NASDAQ: SOLR). In the report, Bank of America writes, “Our new CY12 rev/EPS is $1.25B/$2.05 Vs prior forecast of $1.17B/$1.90. Due to the improved visibility on the LED side, we...