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Premier Signs New Three-Year Agreement with Teleflex Incorporated for Laryngoscopes
Monday, June 27, 2011 - 7:04am | 95Teleflex Incorporated (NYSE: TFX) has announced a new three-year agreement with Premier Purchasing Partners, L.P., the group purchasing unit of the Premier healthcare alliance. The new agreement covers Teleflex's Rusch laryngoscope products. It begins August 1, 2011 and extends through July 31,...
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McDermott International Spikes on Rumors of a Subsea Installation Contract
Friday, June 24, 2011 - 11:19am | 68Hearing rumors circulating that a $600M+ contract might be close for McDermott International (NYSE: MDR). This article may include mentions of rumors, chatter, or unconfirmed information. Readers should beware that while unconfirmed information may be correlated with increased volatility in...
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Options Brief: McDermott International
Friday, June 24, 2011 - 10:24am | 75Shares of McDermott International (NYSE: MDR) are lower on the session by 0.11%, trading at $18.90. Overall put volume is now running at 4.20x the daily average, with 12% of all puts traded being purchases on the offer. 1,362 contracts have traded on the session so far. McDermott International,...
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Options Brief: Siemens AG
Friday, June 24, 2011 - 10:17am | 96Shares of Siemens AG (NYSE: SI) are higher on the session by 0.11%, trading at $131.93. Overall call volume is now running at 2.45x the daily average, with 55% of all calls traded being purchases on the offer. 1,074 contracts have traded on the session so far. Siemens AG is engaged in...
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Citi Comments On Takeout Buzz On Tyco
Friday, June 24, 2011 - 7:54am | 120According to Citi, Tyco International (NYSE: TYC) is hearing takeout buzz. Citi said that, in a transaction that has positive implications for valuing Tyco's ADT security business and one that is likely to spark further Tyco takeover speculation/upside, private equity firms Bain and Hellman &...
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Top 4 Mid-Cap Stocks In The Meat Products Industry With The Highest Operating Margin
Friday, June 24, 2011 - 12:56am | 133Below are the top mid-cap meat products stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin. The trailing-twelve-month operating margin at Hormel Foods Corporation (NYSE: HRL) is 9.41%. HRL's ROE for the same period is 19.14%. The trailing-twelve-month operating margin at...
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Two New RAFI Fundamental Pure Style ETFs From PowerShares
Thursday, June 23, 2011 - 3:59pm | 673Last week (6/16/11), PowerShares rebranded seven of the nine ETFs in its suite of “Dynamic” style box ETFs as “Fundamental Pure” style box ETFs. For some reason, the PowerShares Dynamic Large Cap Growth Portfolio (PWB) and PowerShares Dynamic Large Cap Value Portfolio (PWV) were excluded from this...
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What Investors Need to Know About Wind Stocks
Thursday, June 23, 2011 - 3:00pm | 1284Point Roberts, WA - June 23, 2011 - Investorideas.com, a leader in cleantech stock research, issues a wind stocks trading alert June 23. The markets in general are down today, with the Dow off over 200 points on economic concerns. Big investors like Citi (NYSE: C) and Google (NasdaqGS: GOOG)...
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GE's
Wednesday, June 22, 2011 - 7:19pm | 45GE's (GE) jet-engine joint venture with France's Safran Group, CFM, received a $2 bil contract to supply Republic Airways (RJET) with engines for the Airbus A320neo aircraft it's buying. GE fell 1.3%.
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Getting A Legend For Nothing
Wednesday, June 22, 2011 - 11:40am | 330At the Ira Sohn conference, Carl Ichan gave a stock pick: himself. Icahn is the chairman of Icahn Enterprises, L.P. (NYSE: IEP), which is a holding company similar to Berkshire Hathaway (NYSE: BRK-A). The company, through its subsidiaries, engages in the investment management, automotive,...
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News Summary
Wednesday, June 22, 2011 - 9:39am | 217Shares of FedEx Corp (NYSE: FDX) rose about 3% after the company reported a 33% rise in its fiscal fourth-quarter profit. FedEx reported its quarterly profit at $558 million, or $1.75 per share, up from $419 million, or $1.33 per share, in the year-earlier period. Its total revenue climbed 12% to $...
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Philips Electronics Trading Over 13% Lower After Profit Warning
Wednesday, June 22, 2011 - 9:16am | 68Koninklijke Philips Electronics (NYSE: PHG) warned of sharply lower profits on Wednesday. For the lighting unit, Philips projects Q2 earnings before interest, taxes and amortization of about 85 million euros ($122 million), down from €193 million in the first quarter and €210 million in the second...
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Dahlman Rose Provides Color on Coal Sector
Wednesday, June 22, 2011 - 8:27am | 233Dahlman Rose provided color on the coal sector. In a research report published today, Dahlman Rose stressed its optimism about the sector's long term performance. In the report, Dahlman Rose states, "We believe the recent sector pullback provides attractive entry points for our favorite names....
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Sterne Agee Reiterates Buy Rating on General Electric
Wednesday, June 22, 2011 - 8:11am | 92General Electric Co. (NYSE: GE) hosted an analyst day event at the Paris Air Show to provide a detailed insight into the near- and long-term outlook in the Aviation segment, Sterne Agee reports. “Higher fuel prices are boosting demand for next gen engines with proven ~15 % lower fuel burn,” Sterne...
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News Summary for June 22, 2011
Wednesday, June 22, 2011 - 8:00am | 385This is your Benzinga news summary and traders' outlook for Wednesday, June 22, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as the U.S. dollar is slightly higher this morning as investors...