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Benzinga's M&A Chatter for Wednesday September 19, 2012
Wednesday, September 19, 2012 - 4:41pm | 352The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday September 19, 2012: Cypress Semiconductor to Acquire Ramtron for $3.10/Share The Deal:Cypress Semiconductor (NASDAQ: CY) and Ramtron International (NASDAQ: RMTR) have entered into a definitive merger...
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Learning Tree Receives $5.25 per Share Offer
Wednesday, September 19, 2012 - 8:12am | 222Learning Tree International (NASDAQ: LTRE) today announced that its Board of Directors has received a non-binding proposal from David C. Collins, the Chairman of the Board and Chief Executive Officer of Learning Tree, and his wife, Mary C. Collins, to acquire all of the outstanding shares of...
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Earnings Scheduled For July 20
Friday, July 20, 2012 - 2:05am | 344American Electric Power Co (NYSE: AEP) is estimated to report its Q2 earnings at $0.71 per share on revenue of $3.57 billion. General Electric Company (NYSE: GE) is projected to report its Q2 EPS at $0.37 on revenue of $36.80 billion. Baker Hughes (NYSE: BHI) is expected to report its Q2 earnings...
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ManpowerGroup Announces Pricing of Six-Year euro 350M Notes
Wednesday, June 13, 2012 - 3:12pm | 50ManpowerGroup (NYSE: MAN) today announced that it has successfully priced its offering of euro 350 million senior notes. The notes, which will be due June 22, 2018, carry a 4.5% annual coupon, and were priced at 99.974% to yield 4.505%. The offering is expected to settle on June 22, 2012.
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UPDATE: Bank of America Reduces PO to $40 on Manpower on European Concerns
Monday, June 4, 2012 - 6:14am | 105Bank of America reiterates its Neutral rating on Manpower (NYSE: MAN) and cuts its price objective from $44 to $40. Bank of America says, "We remain Neutral on economic uncertainty and concerns about risks to 2013 consensus, offset by a relatively undemanding valuation. We are lowering our price...
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Learning Tree International Announces Additional Share Repurchase Authorization
Tuesday, May 8, 2012 - 3:11pm | 84The Board of Directors of Learning Tree International, Inc. (NASDAQ: LTRE) today announced it has amended the Company's share repurchase program to increase the authorized dollar amount for repurchase of the Company's common stock, par value $0.0001 per share, to a total of $35,000,000. To date...
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ManpowerGroup Boosts Dividend from $0.40 to $0.43
Wednesday, May 2, 2012 - 5:02pm | 44The Board of Directors of ManpowerGroup (NYSE: MAN) has approved an increase in the semi-annual dividend to 43 cents per share, from 40 cents per share. The dividend is payable on June 15, 2012 to shareholders of record on June 1, 2012.
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UPDATE: Morgan Stanley Raises PT to $43 on Manpower; Strong Q1 Execution
Monday, April 23, 2012 - 7:47am | 90Morgan Stanley says in a recent note that it raises its price target on Manpower (NYSE: MAN) from $40 to $43 and reiterates its rating at Equal-weight. Morgan Stanley notes, "MAN's 1Q shows that execution can still lead to outperformance in Staffing despite macro pressure. Although minimal chg in...
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UPDATE: Deutsche Bank Raises PT to $55 on Manpower; Q1 Beat Estimates
Monday, April 23, 2012 - 6:39am | 123Deutsche Bank says in a recent report it raises its price target on Manpower (NYSE: MAN) from $52 to $55 and reiterates its Buy rating on shares. Deutsche Bank notes, "Exactly opposite of how we expected it, but MAN's 1Q results beat none the less. We like the stock here and now as we think there...
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Manpower Up 15% After Reporting Positive Earnings
Wednesday, February 1, 2012 - 10:28am | 132Shares of Manpower (NYSE: MAN) are up nearly 15% today after the company reported positive earnings this morning. The company today reported net earnings of 78 cents per diluted share for the three months ended December 31, 2011 compared to a net loss of $4.29 per share in the prior period. The...
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Learning Tree Appoints Max Shevitz as President
Thursday, January 26, 2012 - 4:30pm | 42Learning Tree International, Inc. (NASDAQ: LTRE) announced today that Max Shevitz has joined Learning Tree International, Inc. as its President effective January 26, 2012. Mr. Shevitz will report to Dr. David C. Collins, Learning Tree CEO.
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Learning Tree Announces Leadership Changes; Appoints David Collins as CEO
Tuesday, January 17, 2012 - 4:30pm | 54Learning Tree International, Inc. (NASDAQ: LTRE) announced today that Dr. David C. Collins has replaced Nick Schacht as its Chief Executive Officer. Dr. Collins also has been appointed Chairman of the Board, and Eric Garen has filled the position of Vice Chairman which Dr. Collins vacated.
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UPDATE: Deutsche Bank Maintains Buy, Lowers PT to $52 on ManpowerGroup
Tuesday, January 10, 2012 - 8:17am | 90Deutsche Bank reiterates its Buy rating on ManpowerGroup (NYSE: MAN) and lowers its price target to $52 from $59 to reflect staffing deceleration in Europe. Deutsche Bank says, "On average, major European staffing markets have shown decelerating revenue growth for most of 2011 while contracting...
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ManpowerGroup Launches New Three-Year Partnership with Vietnamese Government
Wednesday, December 21, 2011 - 6:58am | 54ManpowerGroup (NYSE: MAN) has announced that it has entered into a new three-year partnership with Vietnam's Ministry of Labour, Invalids and Social Affairs to continue developing the local labor market, ensure competitiveness and respond to new, in-demand skills needs in order to address Vietnam'...
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Financial Breakfast: Morning News Summary for December 20, 2011
Tuesday, December 20, 2011 - 7:27am | 1062Tuesday, December 20, 2011 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. • 500% - The amount the stock market grew between 1982 and 1993 in terms of capitalization. Benzinga's Top News General Mills (NYSE: GIS) reports...