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Options Brief: Walter Energy, Inc. (WLT)
Wednesday, April 6, 2011 - 12:32pm | 85Shares of Walter Energy, Inc. (NYSE: WLT) are lower on the session by 2.54%, trading at $137.19. Overall put volume is now running at 3.72x the daily average, with 27% of all puts traded being purchases on the offer. 18,706 contracts have traded on the session so far. Walter Energy, Inc. is a...
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Philips to Take Orders for the Ingenia MRI System in the United States
Wednesday, April 6, 2011 - 9:59am | 80Royal Philips Electronics (NYSE: PHG) today announced the United States availability of the Ingenia MRI system, the first-ever digital broadband magnetic resonance imaging solution. Previously available in Europe, Canada and Japan, the system has received 510(k) clearance from the U.S. Food and...
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Deutsche Bank Maintains Rating, PT On Walter Energy Inc.
Wednesday, April 6, 2011 - 8:29am | 56Deutsche Bank, after attending a informal meeting of analysts hosted by Walter Energy Inc. (NYSE: WLT) maintains its Buy rating and its price target of $160. Says Deutsche Bank of the meeting, “ Topics included key focus areas, integration, CEO's management style, and s-t action items.” WLT...
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Siemens Receives $83M Light Rail Vehicle Order From Houston METRO
Wednesday, April 6, 2011 - 8:07am | 54Houston METRO awarded Siemens Industry, Inc. (NYSE: SI) a contract worth $83 million to build and deliver nineteen S70 light rail vehicles including spare parts, training and manuals, marking Siemens' second order from Houston METRO, which will bring the total number of Siemens vehicles in Houston...
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Brean Murray Carret & Co Comments On Walter Energy Sell-Side Event
Wednesday, April 6, 2011 - 7:26am | 66According to Brean Murray Carret & Co, Walter Energy (NYSE: WLT) hosted a sell-side event in New York yesterday to introduce the new management team. Brean Murray Carret & Co reported that new CEO Keith Calder was extremely optimistic about Walter's prospects. “We remain bullish on Walter...
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Goldman Sachs Comments On Walter Energy Management Meeting
Wednesday, April 6, 2011 - 7:12am | 203According to Goldman Sachs, Walter Energy (NYSE: WLT) held a management meeting. Goldman Sachs reported that it met WLT management in New York on April 5 as part of a company presentation to sell-side analysts. “Key takeaways follow. (1) A challenging 1Q11 should be the trough for Alabama...
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Grind Continues 04-05-2011
Tuesday, April 5, 2011 - 6:46pm | 849Cusick's Corner The grind continued into the close. Overnight markets will be watched closely, especially in China and then early morning the EU. In China there is growing speculation that the tightening has slowed growth and now there is potential evidence in inventory builds, most notably...
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Tech Rebalanced 04-05-2011
Tuesday, April 5, 2011 - 4:47pm | 1052Cusick's Corner This is one of those markets -- what you think you see is really not real at all, most notably is the news that the NASDAQ has decided to reweight AAPL in the index, which can explain why AAPL has had such a persistent seller. Also, in the Semis, SMH (mentioned last night) -- TXN...
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General Electric's CEO, Cambpell, Sees Upswing In Housing In 'Coming Years' -Bloomberg (GE)
Tuesday, April 5, 2011 - 2:57pm | 38General Electric's (NYSE: GE) CEO, Cambpell, sees an upswing in housing in the`coming years' . Bloomberg also reports, GE Appliances is now investing to prepare for the upswing in housing.
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Tyco Takeover Speculation Seems Suspect, Citi Analysts Say - Bloomberg (TYC)
Tuesday, April 5, 2011 - 12:55pm | 39Citi's Deane Dray calls Tyco (NYSE: TYC) speculation “sketchy” as the market is not at a stage yet for such a big deal, nor is TYC's sum-of- the-parts compelling at discount.
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Calls Purchased on Tyco International Ltd. (TYC)
Tuesday, April 5, 2011 - 11:04am | 157Shares of Tyco International Ltd. (NYSE: TYC) are higher on the session by 2.40%, currently trading at $47.28. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today...
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U.S. Army Selects AAI's Man-Portable Aircraft Survivability Trainer; Contract Has a Potential Value of $43M
Tuesday, April 5, 2011 - 10:02am | 101AAI Test & Training, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that its Man-Portable Aircraft Survivability Trainer (MAST) has been selected by the U.S. Army Program Executive Office for Simulation, Training and Instrumentation, or PEO STRI, under...
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Tyco International Pops 2.69%; Touches New 52-Week High (TYC)
Tuesday, April 5, 2011 - 9:53am | 114Shares of Tyco International (NYSE: TYC) are on the rise this morning, touching a fresh 52-week high of $47.73. Currently, shares are trading higher by 2.69%, at $47.41. Tyco International recently retraced its rally back to the 50-day moving average, which it held and has since rallied from....
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Dmitri Stockton Named President and CEO of GE Asset Management
Tuesday, April 5, 2011 - 9:05am | 59GE (NYSE: GE) announced today that Dmitri Stockton has been named President and CEO of GE Asset Management Incorporated, a global investment manager with $119 billion in assets under management (as of December 31, 2010). He succeeds Jay Ireland, who is assuming a newly-created position within GE...
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Amin Announces Phase 3 MARINE Trial Data to be Presented in May at the National Lipid Association 2011 Annual Scientific Sessions
Tuesday, April 5, 2011 - 8:05am | 168Amarin Corporation plc (Nasdaq: AMRN) today announced that data from the MARINE trial, a pivotal Phase 3 study investigating AMR101 as a treatment for very high triglycerides, will be presented at the National Lipid Association 2011 Annual Scientific Sessions at the Sheraton New York Hotel and...