-
GE Energy to Acquire Converteam for $3.2B
Tuesday, March 29, 2011 - 7:01am | 138GE (NYSE: GE) announced today that its Energy business has entered into an agreement to acquire approximately 90 percent of Converteam from a controlling shareholder group that includes management, Barclays Private Equity and LBO France, for approximately $3.2 billion. The transaction, endorsed...
-
Mad Money Lightning Round: Cramer Likes Gentex, Micron Technology (AES, CHS, ASNA, BTU, WLT, LLY, LYG, GNTX, MSFT, INTC, CSCO, MU)
Tuesday, March 29, 2011 - 1:22am | 315On CNBC's Mad Money, Jim Cramer said during the Lightning Round that AES Corp (NYSE: AES) is a “great play on the growth of electricity. That's an inexpensive stock." He likes Chico's (NYSE: CHS). He added, “That's a nice turn over there. It reminds me of Ascena Retail Group (NASDAQ: ASNA)."...
-
Morgan Stanley Removes TYC From Best Ideas List
Monday, March 28, 2011 - 7:47am | 115Morgan Stanley has issued a report in which it removes Tyco International Ltd. (NYSE: TYC) from the Morgan Stanley Best Ideas List. According to Morgan Stanley, "TYC is being removed from the MS Best Ideas List in conjunction with the addition to the list of HON. TYC has been on the Best Ideas...
-
Morgan Stanley Removes Tyco From Best Ideas List; Shares Remain Attractively Valued
Monday, March 28, 2011 - 7:43am | 196Tyco International (NYSE: TYC) is being removed from the MS Best Ideas List in conjunction with the addition to the list of Honeywell (NYSE: HON). TYC has been on the Best Ideas List since August 2010. Morgan Stanley still views TYC as one of its top picks in the industrials space and thinks shares...
-
March Market Madness: 3M Co. (MMM)
Friday, March 25, 2011 - 2:34pm | 274As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. . Next up 3M (MMM) Over the last few weeks we4 have started with a discussion of some of the more important features of our “OneSheet” stock overviews. Now we are going to present the [...]
-
NYT: G.E.'s (GE) Strategies Let it Avoid Taxes Altogether
Friday, March 25, 2011 - 9:13am | 1640Lost in the current political fuss about lowering the corporate tax from "35%" is the fact that corporate profits as a % of GDP are at record lows in the U.S. With armies of accountants (many former government officials) and tax havens across the globe our largest corporate citizens play games of...
-
UPDATE: Deutsche Bank Raises PT on Walter Energy to $160 (WLT)
Friday, March 25, 2011 - 7:21am | 134Deutsche Bank is out with its report today on Walter Energy (NYSE: WLT), raising its PT from $155 to $160. In a note to clients, Deutsche Bank writes, "WLT is set to close its acq'n of Western Coal in coming weeks and we are upping our ests to reflect our + views on these assets, deal benefits and...
-
Deutsche Bank Raises PT On Walter Energy To $160
Friday, March 25, 2011 - 6:52am | 27Deutsche Bank has raised the price target on Walter Energy (NYSE: WLT) from $155 to $160 and maintains its Buy rating.
-
Citi Publishes GE Update
Thursday, March 24, 2011 - 7:38am | 122Citi has published an update on General Electric (NYSE: GE) and the effects of Japan's earthquake on its nuclear industry. Citi writes, "The core of GE's Energy segment (20% of sales) is gas turbine power gen equipment, where GE is No. 1 globally with nearly 50% of the installed base. GE is also...
-
J.P. Morgan Maintains Overweight on Tyco International (TYC)
Thursday, March 24, 2011 - 7:35am | 113J.P. Morgan is out with its report today on Tyco International (NYSE: TYC), maintaining Overweight. In a note to clients, J.P. Morgan writes, "Speculation that Tyco is weighing a big deal (which some believe would suppress stock buyback ambitions/break-up potential) represents a continuum of noise...
-
Top 4 Small-Cap Stocks In The Utilities Sector With The Lowest PEG Ratio (CHNG, APWR, CWCO, OTTR)
Thursday, March 24, 2011 - 1:19am | 124Below are the top small-cap utilities stocks on the NYSE and the NASDAQ in terms of PEG ratio China Natural Gas Inc (NASDAQ: CHNG) has a PEG ratio of 0.70. CHNG's trailing-twelve-month operating margin is 23.43%. A-Power Energy Generation Systems Ltd (NASDAQ: APWR) has a PEG ratio of 0.94. APWR's...
-
Top 4 NYSE Stocks In The Rubber & Plastics Industry With The Highest EPS Estimates (CSL, ROG, CTB, STRI)
Thursday, March 24, 2011 - 1:16am | 138Below are the top rubber & plastics stocks on the NYSE in terms of earnings estimate for the next quarter. The earnings estimate for Carlisle Companies Incorporated (NYSE: CSL) for the June quarter is $0.85 per share. CSL's trailing-twelve-month revenue is $2.53 billion. Rogers Corporation (...
-
GE Becomes Official Marketing Partner of the PGA TOUR
Wednesday, March 23, 2011 - 4:15pm | 46GE (NYSE: GE) and the PGA TOUR today announced a new three-year Official Marketing Partnership. Healthymagination innovations will be showcased at eight PGA TOUR events in 2011 – on the course through on-site exhibition and for audiences watching at home.
-
Options Brief: Textron Inc. (TXT)
Wednesday, March 23, 2011 - 1:51pm | 76Shares of Textron Inc. (NYSE: TXT) are higher on the session by 4.10%, trading at $27.45. Overall call volume is now running at 4.92x the daily average, with 65% of all calls traded being purchases on the offer. 4,335 contracts have traded on the session so far. Textron Inc. is a multi-industry...
-
Ten Clean Energy Companies to Watch
Wednesday, March 23, 2011 - 11:55am | 1075By Diane Bullock Japan's natural disaster turned potential nuclear disaster, as its Fukushima Daiichi plant continues to spew radiation, has the U.S. public demanding comprehensive safety reviews of our own 104 nuclear power plants. On Monday, New York state officials and the U.S. Nuclear...