-
Company News for November 24, 2009 - Corporate Summary
Tuesday, November 24, 2009 - 10:36am | 288• Hewlett Packard (NYSE:HPQ) reported strong results after Monday's close, helped by robust sales in China and improved margins on its service operations. The firm also increased share repurchases to $12 billion and projected fiscal 2010 earnings of $4.25 to $4.35 a share on revenues of $118...
-
Stock Market News for November 24, 2009 - Market News
Tuesday, November 24, 2009 - 10:32am | 410U.S. stocks closed broadly higher Monday, ending a three-day losing run, as a strong housing report reassured investors’ faith in the economy. A weak dollar helped lift gold to another record high and sent shares of commodity-related companies higher. Calls for central banks around the world to...
-
Liberty (LMDIA) Looking For Buyers For DirecTV (DTV)
Friday, November 20, 2009 - 8:56am | 265Appointment of a new CEO at DirecTV Group Inc (NASDAQ: DTV) could be a signal for its possible takeover. Michael White, who was earlier with PepsiCo (NYSE: PEP), has no experience in pay TV, and is apparently a "baby-sitter" for the company until a possible takeover. Both Verizon Communications Inc...
-
Freeport McMoran Copper & Gold (FCX) Potential Breakout Candidate; Cleveland Natural Resources (CLF) and Various Coal Plays (MEE, WLT) also Hot
Wednesday, November 18, 2009 - 9:56am | 844I see a lot of extended charts out there as we move into what seems like day 82 of consecutive upside, along with some bond fide breakouts. While we should only be so lucky to catch another Potash (POT), one chart that caught my eye last night was Freeport McMoran Copper & Gold (FCX). Much...
-
Most Active Stock Options November 17, 2009 & Trading Activity
Tuesday, November 17, 2009 - 5:01pm | 342As of today the top ten option contracts traded were: HSBC (HBC) January 35 Call Options Avon (AVP) January 22.50 Call Options United Technologies (UTX) November 65 Call Options S&P 500 SPDR (SPY) November 110 Call Options Target (TGT) January 30 Call Options United Technologies November 60...
-
5 Small-Cap Stocks with Highest Cash Per Share (IBKR, FRE, SEB, MF, PNSN)
Tuesday, November 17, 2009 - 8:37am | 167Below are interesting small-cap stocks on the NYSE and NASDAQ that have highest cash per share. Interactive Brokers Group Inc (NASDAQ: IBKR) has the cash per share of $567.33 and a market capitalization of $717.5 million. IBKR shares are trading at a price short of their 52-week high of $20.99....
-
The Ensign Group (ENSG) Secures $40M Loan From GE Capital (GE)
Monday, November 16, 2009 - 6:58am | 122The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign(TM) group of skilled nursing, rehabilitative care services, hospice care and assisted living companies, announced that a group of its real estate holding subsidiaries has placed mortgages on six of the Company's 27 unencumbered...
-
Ciena Takes NT's Ethernet Business - Analyst Blog
Thursday, November 12, 2009 - 1:00pm | 601The telecommunication and network specialist, Ciena Corporation (CIEN) announced that it has received regulatory approval for the proposed acquisition of substantially all of Nortel Network Corp.'s (NT) optical and Ethernet division. The company has been granted termination of the waiting period...
-
Company News for November 12, 2009 - Corporate Summary
Thursday, November 12, 2009 - 10:26am | 395• Wal-Mart (NYSE:WMT) reported estimate-topping results of 84 cents a share, three cents above Zacks estimates of 81 cents, on revenues of $98.67 billion, slightly below estimates of $99.50 billion. Comparable sales eased 0.4% from last year. The firm raised fourth quarter and full-year guidance to...
-
United Technologies Acquires GE's Security Business for $1.82B
Thursday, November 12, 2009 - 8:20am | 61General Electric (NYSE: GE) announced today that it has signed a definitive agreement with United Technologies Corp. (NYSE: UTX) for UTC to acquire GE’s Security business for $1.82B. The transaction has been approved by the Boards of both companies, and will be subject to customary closing...
-
Company News for November 11, 2009 - Corporate Summary
Wednesday, November 11, 2009 - 9:50am | 317• Goldman Sachs (NYSE:GS) added Cytec Industries (NYSE:CYT) to its Conviction Sell List, with a target of $31. The analyst warned of the bleak outlook for the late-cycle aerospace industry, and economic uncertainties in Europe, which represents 40% of sales • JP Morgan (NYSE:JPM) plans to...
-
Stocks Slip Slightly As Effects OF G20 Meeting Settle Down (DFT, BA, MMM, GLD, GDX)
Tuesday, November 10, 2009 - 11:57am | 199After Monday’s rally of stocks which took the Dow Jones Industrial Average to a 13 month high, US Stock opened slightly lower as investors sell shares in order to realize gains. Monday’s Surge was due to the G20’s decision to continue the stimulus plans in place while the world economy recovers....
-
Benzinga’s Earnings Roundup (IHG, GOLD, BCS, TYC)
Tuesday, November 10, 2009 - 11:16am | 273InterContinental Hotels Group PLC (ADR) (NYSE: IHG) third-quarter net profit fell to $67 million as compared to $91 million same period last year and revenues in the latest quarter were $401 million versus $496 million a year ago. InterContinental expects the occupancy rates to stabilize and...
-
Company News for November 10, 2009 - Corporate Summary
Tuesday, November 10, 2009 - 10:31am | 375• Priceline.com (NASDAQ:PCLN) reported adjusted third quarter earnings of $3.45 a share, 55 cents above consensus estimates, on better-than-expected revenues of $730.7 million, ahead of estimates of $$693.97 million on strong summer season travel. The firm provided fourth quarter guidance at about...
-
Stock Market News for November 10, 2009 - Market News
Tuesday, November 10, 2009 - 10:27am | 421U.S. stocks surged Monday, with the Dow Jones industrial average storming to its highest level in more than 13 months as finance ministers from the Group of 20 industrialized nations pledged to continue economic stimulus measures to help the global economy. The Dow Jones industrial average, which...