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GE Healthcare Medical Diagnostics Relaunches Optison Contrast Agent in Europe
Wednesday, August 31, 2011 - 9:28am | 153GE Healthcare's (NYSE: GE) Medical Diagnostics division announced the market reintroduction of Optison™ (Perflutren Protein-Type A Microspheres Injectable Suspension, USP), a diagnostic ultrasound contrast agent for use in select echocardiograms, in Europe. The product is currently available in...
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Shell Awards Enterprise Framework Agreement to Tyco International
Wednesday, August 31, 2011 - 8:01am | 65Tyco International Ltd. (NYSE: TYC) announced today that its flow control unit has been selected by Shell (NYSE: RDS.A) to provide butterfly valves to Shell globally. The five-year Enterprise Framework Agreement covers more than 2,500 of Tyco's Vanessa, Winn, NeoTecha and Sapag brand highly...
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New trend in rare earth elements
Tuesday, August 30, 2011 - 1:13pm | 143China's manipulation of the rare earth element market has led to yet a new chapter in the industry. Two of the world's largest end-users of rare earth elements are fighting back against the Chinese by entering agreements with two of the largest miners outside of China. Siemens AG (NYSE: SI)...
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Notable Put Options Activity in Textron
Tuesday, August 30, 2011 - 10:20am | 101Shares of Textron (NYSE: TXT) are higher on the session by 1.22%, currently trading at $16.65. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the January...
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Exelon Nuclear and GE Hitachi Nuclear Energy Sign Services Contract
Monday, August 29, 2011 - 10:01am | 162GE Hitachi Nuclear Energy today announced it has been awarded a nearly $150 million integrated outage contract by Illinois-based Exelon Nuclear to help ensure the continued, safe performance of the utility's entire fleet of boiling water reactor nuclear power plants in Illinois, Pennsylvania and...
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Notable Put Options Activity in Siemens
Thursday, August 25, 2011 - 12:55pm | 96Shares of Siemens (NYSE: SI) are lower on the session by 2.61%, currently trading at $100.55. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the September...
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Doug Kass Buying Financial Names
Tuesday, August 23, 2011 - 11:59am | 85Doug Kass tweeted that he is buying a bevy of financial names. He said that his new buys are General Electric (NYSE: GE), KKR Financial Holdings LLC (NYSE: KFN), SLM Corp (NYSE: SLM) and American Express (NYSE: AXP). Kass is a notorious bear, and is contributor to CNBC, as well as TheStreet.com.
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Bank of America Looks Ahead on Textron
Tuesday, August 23, 2011 - 5:57am | 118Bank of America has published a research report on Textron (NYSE: TXT) after sitting down to lunch with management at the company. In the report, Bank of America wrote, "On Monday 22 August Textron hosted a group of buy side and sell side analysts at lunch with Scott Donnelly, CEO, and Frank...
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Top 4 Stocks In The Conglomerates Sector With The Highest Dividend Yield
Monday, August 22, 2011 - 2:54am | 121Below are the top conglomerates stocks on the NYSE and the NASDAQ in terms of dividend yield. 3M Company (NYSE: MMM) has a dividend yield of 2.90%. MMM's shares closed at $76.87 on Friday. Rayonier Inc (NYSE: RYN) has a dividend yield of 2.80%. RYN's shares closed at $57.77 on Friday. United...
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GE Acquires Commtest
Friday, August 19, 2011 - 8:00am | 90Today, GE (NYSE: GE) announced the acquisition of Commtest, a provider and designer of machinery health information systems. GE Energy's Bently Nevada product line will incorporate Commtest products into its portfolio and enhance an already robust lineup. Bently Nevada provides machinery protection...
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Benzinga's Top Pre-Market Gainers
Thursday, August 18, 2011 - 6:59am | 145Perry Ellis International Inc (NASDAQ: PERY) soared 6.38% to $18.83 in the pre-market trading. PERY swung to a fiscal second-quarter profit and raised its earnings forecast for the year. CONSOL Energy Inc (NYSE: CNX) moved up 6.08% to $45.00 in the pre-market session. CNX agreed to sell a 50%...
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Five Stocks Elvis Might Have Enjoyed
Tuesday, August 16, 2011 - 10:00am | 482Today marks the 34th anniversary of the death of the King, Elvis Presley. Like many pop culture icons, he died with a mix of drugs in a system (14 were active in his bloodstream at time of death, including 10 in significant quantities) and a hole in his heart (more or less metaphoric, although he...
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GE Healthcare to Acquire PAA Laboratories GmbH, Broadening Capabilities in Growing Biopharmaceutical Manufacture Segment; Terms Not Disclosed
Tuesday, August 16, 2011 - 7:12am | 224GE Healthcare, a unit of General Electric Company (NYSE: GE), today announced it has reached an agreement to acquire PAA Laboratories, a developer and supplier of cell culture media for biomedical research and the fast-growing biopharmaceutical and vaccine manufacturing industry. The acquisition of...
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Monday's Mid-Day Options Volume Leaders
Monday, August 15, 2011 - 11:25am | 82Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 163,749 contracts, 52.3% calls, 47.7% puts 2. Apple Inc. (NASDAQ: AAPL) 145,726 contracts, 58.2% calls, 41.8% puts 3. Motorola Mobility (NYSE: MMI) 77,098 contracts, 79.5% calls, 20.5% puts 4. General Electric (NYSE:...
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UPDATE: Bank Of America Upgrades Tyco To Buy
Monday, August 15, 2011 - 7:04am | 64According to Bank of America, Tyco International (NYSE: TYC) is upgraded to Buy. Bank of America said that it is upgrading TYC shares to Buy from Neutral. “We consider Tyco's business model to be relatively more defensive vs. industrial peers due to the company's rich mix of stable, recurring...