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Shares Of Brink`s Home Security Holdings, Inc Rose Despite Legal Investigation, (CFL, TYC)
Wednesday, January 20, 2010 - 1:22pm | 108The Law Offices of Howard G. Smith announced that it is investigating potential claims against the board of directors of Brink`s Home Security Holdings, Inc. (NYSE: CFL) related to the Company's agreement to be acquired by Tyco International Ltd. (NYSE: TYC). The cash-and-stock transaction is...
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Textron Inc. (TXT) Price Target Raised
Tuesday, January 19, 2010 - 2:45pm | 101Analysts at Morgan Stanley (NYSE: MS) have raised the price target for Textron Inc. (NYSE: TXT) to $30. With the focus on Cessna and TFC analysts believe that the Bell franchise remains underappreciated. Analysts expect the US DoD to recapitalize its helo fleet and commercial helo demand in Asia...
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Company News for January 19, 2010 - Corporate Summary
Tuesday, January 19, 2010 - 10:07am | 305• After months of wrangling over price, Kraft (NYSE:KFT) raised its bid to $19.5 billion and Cadbury’s (NYSE:CBY) board recommended its acceptance • Tyco (NYSE:TYC) plans to buy Brink's Home Security (NYSE:CFL) for $2 billion, with Tyco paying $42.50 in cash and stock • Tyco (NYSE:TYC) yesterday...
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Stock Market News for January 19, 2010 - Market News
Tuesday, January 19, 2010 - 10:01am | 543A day after closing at their multi-month peak, U.S. stocks registered their worst one-day decline of the year on Friday as concerns ranging from China’s move to curb bank lending to JP Morgan’s rising loan losses had investors selling shares. An unsatisfying reading on consumer sentiment also...
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TYC Folds In CFL, Raises Guidance
Tuesday, January 19, 2010 - 7:18am | 200Swiss-based Tyco International Ltd (NYSE: TYC) announced yesterday that it is acquiring Brink's Home Security Holdings Inc (NYSE: CFL), also known as Broadview Security, in a deal worth roughly $2 billion. As per the cash and stock deal, TYC will be paying $42.50 for each share of CFL. After the...
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January 19, 2010: A Conglomeration of Conglomerates
Monday, January 18, 2010 - 4:56pm | 677There used to be lots of conglomerates. Back in the "go-go" days of the early 1960s, conglomerates as a species were the equivalent of tech stocks in the 1990s. Just about every investment guru had their favorites to recommend. All good things must come to and end, and almost all conglomerates fell...
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Isis Expands Pipeline - Analyst Blog
Monday, January 18, 2010 - 1:21pm | 463Isis Pharmaceuticals, Inc. (ISIS) is working on expanding its cardiovascular pipeline. The company recently announced that it has added a new drug, ISIS-APOCIIIRx, to its development pipeline. The candidate is being studied for the treatment of hypertriglyceridemia, or high levels of triglycerides...
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O'Brien And NBC Close To An Exit Deal
Saturday, January 16, 2010 - 5:14pm | 210NBC (NYSE: GE) and Conan O'Brien may settle their differences and pave the way for his exit as early as this weekend. Both the Associated Press and entertainment-industry news magazine Variety have quoted anonymous sources saying that NBC may pay O'Brien more than $30 million to leave "The Tonight...
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Bill Miller Says Stocks Undervalued
Wednesday, January 13, 2010 - 4:58pm | 175Legg Mason Value Trust Manager, Bill Miller said in a CNBC interview yesterday that the 10 largest S&P 500 companies are undervalued. These stocks are trading at an average multiple of twelve times earnings and Miller believes that they should be trading at a 14 to 18 earnings multiple. "I...
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Super Bowl Ad Rates Down
Wednesday, January 13, 2010 - 4:33pm | 201The lingering effects of the financial crisis and recession have claimed another victim: Super Bowl ad rates. For only the second time in Super Bowl history, prices for the coveted Super Bowl ad spots have gone down. TNS Media Intelligence reports that 30 second ads to be aired on CBS (NYSE: CBS)...
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Short Selling Bets Increased Against Citigroup (C), Apple (AAPL)
Wednesday, January 13, 2010 - 11:04am | 254Short sellers sharply increased their bets against two of America’s most widely followed stocks. Shares sold short in Citigroup (NYSE: C) rose 36% to 381 million. The short interest in Apple (NASDAQ: AAPL) soared 34% to 15.6 million. Among Nasdaq stocks, other significant changes included a 13%...
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Top 5 Small-Cap Stocks In The Consumer Goods Sector With The Highest Dividend (SEB, PCH, UVV, VGR, PII)
Wednesday, January 13, 2010 - 7:19am | 178Below are the top 5 small-cap consumer goods stocks on the NASDAQ and the NYSE in terms of dividend. Seaboard Corp (NYSE: SEB) offers a per share dividend of $3. SEB’s market capitalization is $1.68 billion. SEB’s quarterly earnings growth is 11.60% y/y. Potlatch Corporation (NYSE: PCH) offers a...
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Bill Miller Favors JPMorgan (JPM), IBM
Tuesday, January 12, 2010 - 5:05pm | 159Bill Miller, renowned investor and CEO of Legg Mason Capital Management, shared his investment outlook with CNBC. Bill Miller has the distinction of beating S&P 500 for 15 straight years. He said that even in the current economic scenario, ‘there are bargains in plain sight’. He favored IBM (...
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Legg Mason's Bill Miller Names Names (note he's beat the S&P 500 consistently for years)
Tuesday, January 12, 2010 - 1:55pm | 146Want to know what Bill Miller, chairman, chief investment officer and portfolio manager at Legg Mason Capital Management, likes right now? Would it change anything if you knew he had managed to beat the S&P 500 for 15 years running with his fund? It should. Miller's Recommendations: IBM (NYSE:...
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Siemens (SI) Plays It Cautious
Tuesday, January 12, 2010 - 7:59am | 104Due to pricing pressure, Siemens AG (NYSE: SI) is expecting its sales to decline by 5% during the current fiscal year to $106 billion. Despite the decline in sales, it is likely to report a profit of $8.7 billion. Talking with CNBC, Siemens Chief Financial Officer Joe Kaesar stated that dynamic...