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GE Wins Saudi Contract - Analyst Blog
Wednesday, December 15, 2010 - 3:33pm | 585Saudi Aramco has chosen General Electric Co. (GE) as the supplier of a collection of extensive equipments and services for expansion of the Shaybah gas-oil processing facilities. The contract is valued at about $500 million. The upgradation of the Shaybah facility will develop the oil...
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GE Wins Saudi Contract - Analyst Blog
Wednesday, December 15, 2010 - 2:47pm | 585Saudi Aramco has chosen General Electric Co. (GE) as the supplier of a collection of extensive equipments and services for expansion of the Shaybah gas-oil processing facilities. The contract is valued at about $500 million. The upgradation of the Shaybah facility will develop the oil...
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Wednesday's Mid-Day Options Volume Leaders (C, AAPL, LVS, BAC, GE)
Wednesday, December 15, 2010 - 12:17pm | 104The market continues to hover at recent levels; currently, the S&P 500 (CBOE: SPX) is trading at $1,242.14, higher by 0.44 points. Here are your mid-day options volume leaders… 1. Citigroup (NYSE: C) 185,035 contracts, 80.5% calls, 19.5% puts 2. Apple Inc. (NASDAQ: AAPL) 98,701 contracts, 69.1...
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Stocks Shake Off Spain Fears
Wednesday, December 15, 2010 - 12:12pm | 214After opening amid tentatively, Wall Street ticked higher Wednesday morning as the bulls look to wave off concerns about Spain's credit rating and instead focus on improving economic indicators. Today's Markets As of 10:35 a.m. ET, the Dow Jones Industrial Average rose 25.77 points, or 0.22%, to...
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Pre-Market Movers (COCO, FHN, SI)
Wednesday, December 15, 2010 - 9:37am | 87Corinthian Colleges, Inc. (NASDAQ: COCO) is up 3.4% in pre-market trading after the name was added to the short-term buy list at Deutsche Bank. First Horizon National Corporation (NYSE: FHN) is up 1.9% after the stock was upgraded to Outperform at Morgan Keegan. Siemens AG (ADR) (NYSE: SI) is up 1....
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Benzinga's Top Upgrades (HCP, SI, HTZ, BT)
Wednesday, December 15, 2010 - 9:22am | 134HCP Inc (NYSE: HCP) was upgraded by RW Baird from "neutral" to "outperform." HCP's shares closed at $32.96 yesterday. HCP's trailing-twelve-month operating margin is 50.83%. Societe Generale upgrade Siemens AG (NYSE: SI) from "hold" to "buy." SI's shares closed at $121.89 yesterday. Siemens' PEG...
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Societe Generale Upgrades SI To Buy
Wednesday, December 15, 2010 - 9:00am | 40Analysts at Societe Generale upgrade Siemens AG (NYSE: SI) from "hold" to "buy." SI's shares gained 0.04% to close at $121.89 yesterday More Analyst Ratings here
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Dynegy to Be Acquired by Icahn Enterprises LP for $5.50 Per Share
Wednesday, December 15, 2010 - 8:29am | 72Dynegy Inc. (NYSE: DYN) earlier today announced that its Board of Directors has unanimously approved a definitive agreement to be acquired by Icahn Enterprises LP (NYSE: IEP) in a tender offer followed by a merger for $5.50 per share in cash, or approximately $665 million in the aggregate. Dynegy...
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Goodrich Gets Arabian Contract - Analyst Blog
Tuesday, December 14, 2010 - 8:03pm | 588Goodrich Corporation(GR) has been selected by Air Arabia for support of nacelles and thrust reversers for the airline's fleet of more than 50 Airbus A320 aircraft powered by CFM56-5B engines. The 10 year contract will be managed by Goodrich's Dubai facility in the United Arab Emirates (UAE). Air...
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Goodrich Gets Arabian Contract - Analyst Blog
Tuesday, December 14, 2010 - 7:27pm | 588Goodrich Corporation(GR) has been selected by Air Arabia for support of nacelles and thrust reversers for the airline's fleet of more than 50 Airbus A320 aircraft powered by CFM56-5B engines. The 10 year contract will be managed by Goodrich's Dubai facility in the United Arab Emirates (UAE). Air...
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Mindray, iMDsoft Join Forces - Analyst Blog
Tuesday, December 14, 2010 - 7:03pm | 572Leading Chinese medical devices maker Mindray Medical International Limited (MR) has inked a distribution pact with Massachusetts-based leading clinical information systems provider iMDsoft. Under the pact, Mindray will be the exclusive distributor of iMDsoft's MetaVision clinical information...
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Mindray, iMDsoft Join Forces - Analyst Blog
Tuesday, December 14, 2010 - 6:40pm | 572Leading Chinese medical devices maker Mindray Medical International Limited (MR) has inked a distribution pact with Massachusetts-based leading clinical information systems provider iMDsoft. Under the pact, Mindray will be the exclusive distributor of iMDsoft's MetaVision clinical information...
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McDermott to Construct GoM Platform - Analyst Blog
Tuesday, December 14, 2010 - 6:33pm | 383Energy-focused engineering and construction firm McDermott International (MDR) announced that one of its units has received a subsea infrastructure contract from Norway's Arena Offshore LP. The transaction, whose value was not disclosed, calls for McDermott to build and install a platform for...
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McDermott to Construct GoM Platform - Analyst Blog
Tuesday, December 14, 2010 - 6:04pm | 383Energy-focused engineering and construction firm McDermott International (MDR) announced that one of its units has received a subsea infrastructure contract from Norway's Arena Offshore LP. The transaction, whose value was not disclosed, calls for McDermott to build and install a platform for...
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Zings Of The Day (GE)
Tuesday, December 14, 2010 - 5:06pm | 91General Electric (NYSE: GE) announced it will buy back the shares that Warren Buffett owns that were part of the financial crisis of 2008. Jeff Immelt did not see whether it would buy back the awful GEICO commercials on NBC ad space. Hedge funds raked in $13 billion in November in inflows. Shhh...