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Ottertail Ticks Higher After Intraday Ratings Upgrade (OTTR)
Friday, April 15, 2011 - 11:00am | 17Ottertail Ticks Higher After Intraday Ratings Upgrade (NASDAQ: OTTR)
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Tyco's are breaking out all over
Friday, April 15, 2011 - 12:22am | 811While the spotlight has been on Tyco International (TYC) and the Wall Street Journal's report of a takeover bid by France's Schneider Electric, a company with a similar name has been quietly working on a reversal. Formerly known as Tyco Electric, the company now called TE Connectivity (TEL) is in...
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Early Dip Puts Market on Notice 04-14-2011
Thursday, April 14, 2011 - 3:18pm | 1004Cusick's Corner The market is holding and this is where I want to see the bid come in with some conviction in an attempt to buck the recent trend of weak finishes. Tech and Financials are starting to become more volatile, plus Financials are under pressure with some trading volume as well. Some of...
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Benzinga's Top Downgrades (AN, TXT, DB, INTC)
Thursday, April 14, 2011 - 8:14am | 131AutoNation Inc (NYSE: AN) was downgraded by Goldman from "neutral" to "sell." AN's shares closed at $33.00 yesterday. AutoNation's trailing-twelve-month profit margin is 1.82%. Deutsche Bank downgraded Textron Inc (NYSE: TXT) from “buy” to “hold.” TXT's stock closed at $26.60 yesterday. Textron's...
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Textron Marine & Land Systems Awarded Contract Option Armored Vehicles
Thursday, April 14, 2011 - 8:06am | 85Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, today announced a firm-fixed-price contract award from the U.S. Army Tank-automotive and Armaments Command for 88 M1117 Armored Security Vehicles and M1200 Armored Knight vehicles. The...
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Textron Marine & Land Systems Awarded Contract Option Armored Vehicles
Thursday, April 14, 2011 - 8:06am | 85Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, today announced a firm-fixed-price contract award from the U.S. Army Tank-automotive and Armaments Command for 88 M1117 Armored Security Vehicles and M1200 Armored Knight vehicles. The...
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Deutsche Bank Downgrades Textron To Hold
Thursday, April 14, 2011 - 7:43am | 102According to Deutsche Bank, Textron (NYSE: TXT) is lowered to Hold from Buy. Deutsche Bank reported that, following a sizeable move over the past 4 months and with business jet traffic data losing momentum and order activity still uncertain, it is lowering its rating to Hold from Buy. “The...
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Mike Khouw's Tyco International Ltd. (TYC) Trade
Wednesday, April 13, 2011 - 7:43pm | 126On CNBC's Options Action, Mike Khouw said that there was a lot of activity in Tyco International Ltd. (NYSE: TYC) options today. People are speculating that a takeover might take place. Mike Khouw believes that it would be a little bit risky to buy calls in this name, and therefore he wants to...
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Market Waits for Obama's Speech on Deficit 04-13-2011
Wednesday, April 13, 2011 - 2:52pm | 913Cusick's Corner In action overnight -- the Nikkei was very strong, plus earnings solid -- JPM beats. This supports the bulls at this stage but the market is waiting to hear the President's outline for the budget. One thing that the markets will be listening for is tax code changes, specifically...
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Hearing Chatter Schneider Is Serious About Tyco, Tapping Into Lenders For Financing (TYC)
Wednesday, April 13, 2011 - 12:55pm | 67Hearing Chatter Schneider Is Serious About Tyco, Tapping Into Lenders For Financing (NYSE: TYC) 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 securities,...
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CNBC's Faber Says Schneider/Tyco Buyout Less Likely (TYC)
Wednesday, April 13, 2011 - 10:42am | 19CNBC's Faber Says The Schneider/Tyco (NYSE: TYC) Buyout Less Likely.
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The Great White Hoax: GE's Tax Payment Not True (GE)
Wednesday, April 13, 2011 - 10:12am | 73Despite reports out of the AP that General Electric (NYSE: GE) would be paying the Treasury $3.2 billion in taxes, the company came out and refuted these claims, calling the report a hoax. It's not known yet how the AP could report inaccurate information, and the report is currently being...
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J.P. Morgan Comments On TYC / Schneider Merger
Wednesday, April 13, 2011 - 8:38am | 131J.P. Morgan is commenting on the prospective merger between Tyco International Ltd. (NYSE: TYC) and Schneider. “While we continue to believe that Tyco is an attractive value based on long term, late cycle fundamentals, maintaining discipline around valuation, the risk/reward at ~$53 (our standing...
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David Faber Saying Schneider Not In Talks With Tyco (TYC)
Wednesday, April 13, 2011 - 7:27am | 27David Faber Saying Schneider Not In Talks With Tyco (NYSE: TYC), According To CNBC. http://www.cnbc.com/id/42547681
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Catalysts Bulls May Look For
Tuesday, April 12, 2011 - 7:27pm | 731Cusick's Corner Uncertainty -- the market is trading with little conviction and is below the 50-Day Moving Average, which means trading below mid-term support and looking a little uncertain. JPM is reporting earnings tomorrow and they could give a potential boost to the lagging Financials. Tech...