-
Company News for January 12, 2011 - Corporate Summary
Wednesday, January 12, 2011 - 10:09am | 778• JP Morgan (NYSE:JPM) has downgraded Goldman Sachs (NYSE:GS) from "overweight" to "neutral" rating because of valuation concerns, setting a target price of $175 • AIG (NYSE:AIG) has planned to sell off its Taiwan life insurance unit for $2.16 billion • Cliffs Natural Resources (NYSE:CLF) has...
-
Mindray's Prelim Results Impress - Analyst Blog
Tuesday, January 11, 2011 - 6:32pm | 604Leading Chinese medical devices maker Mindray Medical International Limited (MR) has announced selected preliminary results for fiscal 2010. The Shenzhen-based company expects its revenues for the year to grow 10% year over year to roughly $703 million. Moreover, the company estimates adjusted net...
-
Mindray's Prelim Results Impress - Analyst Blog
Tuesday, January 11, 2011 - 6:09pm | 604Leading Chinese medical devices maker Mindray Medical International Limited (MR) has announced selected preliminary results for fiscal 2010. The Shenzhen-based company expects its revenues for the year to grow 10% year over year to roughly $703 million. Moreover, the company estimates adjusted net...
-
GE Invests in Wind Farm - Analyst Blog
Tuesday, January 11, 2011 - 6:01pm | 465GE Energy Financial Services, a division of General Electric Co. (GE), and Bankers Commercial Corporation have jointly purchased the 150 MW Alta Wind I wind farm in Tehachapi, in Kern County, California. The wind farm has 100 GE 1.5-megawatt SLE turbines. The Alta Wind I farm is the initial...
-
GE Invests in Wind Farm - Analyst Blog
Tuesday, January 11, 2011 - 5:24pm | 465GE Energy Financial Services, a division of General Electric Co. (GE), and Bankers Commercial Corporation have jointly purchased the 150 MW Alta Wind I wind farm in Tehachapi, in Kern County, California. The wind farm has 100 GE 1.5-megawatt SLE turbines. The Alta Wind I farm is the initial...
-
The Daily Long and Short Setup
Tuesday, January 11, 2011 - 5:08pm | 113I actually got into 3M (MMM) today on the breakout at 87.91, with the 'back-and-forth" we have seen throughout much of today, the stock has yet to really see a significant move upwards. However, I do remain optimistic on its chances of further price appreciation in the coming days. LONG: 3M Co...
-
Deutsche Bank Initiates PCX And WLT At Buy; Downgrades ACI To Hold
Tuesday, January 11, 2011 - 12:42pm | 122Deutsche Bank is initiating coverage of Patriot Coal Corporation (NYSE: PCX) and Walter Energy, Inc. (NYSE: WLT) at Buy, and is downgrading Arch Coal, Inc. (NYSE: ACI) to Hold from Buy on valuation & DBe vs. consensus. “Overall, we favor NA coal companies with exposures to the metallurgical (...
-
GE Acquires Remote Energy Monitoring
Tuesday, January 11, 2011 - 10:56am | 62GE (NYSE: GE) has acquired Remote Energy Monitoring, Ltd. with operations in the United Kingdom and Australia. This acquisition enhances GE's ability to address the European Union's goals for a lower-emission, higher efficiency energy infrastructure. Remote Energy Monitoring's software and...
-
GE Gets $576 Million Contract - Analyst Blog
Monday, January 10, 2011 - 7:01pm | 386General Electric Co (GE) has won a $576 million U.S. Navy contract to replace, repair and support components of the engine used on F/A-18 and EA-18G aircraft. The contract has a duration of three years and will be executed at Jacksonville, Florida. GE has one of the best infrastructure...
-
GE Gets $576 Million Contract - Analyst Blog
Monday, January 10, 2011 - 6:11pm | 386General Electric Co (GE) has won a $576 million U.S. Navy contract to replace, repair and support components of the engine used on F/A-18 and EA-18G aircraft. The contract has a duration of three years and will be executed at Jacksonville, Florida. GE has one of the best infrastructure...
-
25 Defensive Stock Plays
Monday, January 10, 2011 - 3:37pm | 207If you're looking for some nice defensive stocks to go along with the rest of your long positions in the portfolio, then take a look at the list of stocks below that are more defensive than growth oriented. They are stocks that shouldn't see a lot of volatility and won't fall through the floor,...
-
Teleflex Acquires VasoNova
Monday, January 10, 2011 - 11:57am | 28Teleflex Incorporated (NYSE: TFX) today announced it has acquired privately-held VasoNova Inc. in a transaction valued at up to $55 million.
-
Company News for January 10, 2011 - Corporate Summary
Monday, January 10, 2011 - 10:31am | 762• DuPont (NYSE:DD) reported plans to purchase Danish firm Danisco for $5.8 billion in cash, which is expected to cut 2011 earnings of $3.30-$3.60 by a range of $0.30-$0.45 per share • Playboy Enterprises (NYSE:PLA) is reportedly going private at $6.15 per share • Duke Energy (NYSE:DUK) announced...
-
Textron Marine & Land Systems Achieves CMMI Level 3
Monday, January 10, 2011 - 10:24am | 111Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced today that it has been appraised at a Capability Maturity Model Integration Maturity Level 3. CMMI Maturity Level 3 Certification is an internationally recognized process...
-
Company News for January 10, 2011 - Corporate Summary
Monday, January 10, 2011 - 10:19am | 762• DuPont (NYSE:DD) reported plans to purchase Danish firm Danisco for $5.8 billion in cash, which is expected to cut 2011 earnings of $3.30-$3.60 by a range of $0.30-$0.45 per share • Playboy Enterprises (NYSE:PLA) is reportedly going private at $6.15 per share • Duke Energy (NYSE:DUK) announced...