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Fast Money Picks For November 24th (STD, ABT, WLT, MSFT)
Tuesday, November 23, 2010 - 8:26pm | 186CNBC Fast Money's Tim Seymour said on the show that Banco Santander, S.A. (ADR) (NYSE: STD) is a well capitalized bank. He believes that investors should buy this stock tomorrow, and he is not worried about potential problems in Spain. Banco Santander (STD) fell 6.26%, and closed at $10.48. Karen...
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Carlisle Companies and Hawk Announce Early Termination of HSR Waiting Period
Tuesday, November 23, 2010 - 5:36pm | 132Carlisle Companies Incorporated (NYSE: CSL), and Hawk Corporation (NYSE: HWK), today jointly announced that their request for early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to Carlisle's acquisition of Hawk has been...
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Comcast's Slow Climb Continues
Tuesday, November 23, 2010 - 4:41pm | 129Cable/communications giant Comcast Corporation (NASDAQ: CMCSA) took the long way home, to quote Supertramp, to get to $20, but it's arrived. Comcast, which I first wrote about on April 22, 2009 at a price of $14.05 will likely post a 2010 revenue increase of 5-7%, with a similar increase in 2011,...
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Novell to be Acquired by Attachmate - Analyst Blog
Tuesday, November 23, 2010 - 3:30pm | 1339Acquisition Details Enterprise software developer, Novell Inc. (NOVL) announced that it will be acquired by Attachmate Corporation, a software company supported by private equity firms such as Golden Gate Capital, Francisco Partners and Thoma Bravo. Novell expects the deal to close in the first...
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GE Gas Turbines for Nigeria - Analyst Blog
Tuesday, November 23, 2010 - 3:01pm | 422General Electric Company (GE) will supply four gas turbines for the Omotosho Phase 2 Power Plant, located in southwestern Nigeria. This will help the country reduce its power shortages and blackouts. GE will provide four Frame 9E gas turbines, generators, accessories, technical assistance and...
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Raven Outperforms EPS Estimate - Analyst Blog
Tuesday, November 23, 2010 - 1:30pm | 898Raven Industries Inc. (RAVN) reported its earnings per share of 65 cents in the third quarter, outperforming the Zacks Consensus Estimate of 43 cents and 40 cents in the prior year quarter. Revenue increased 43% year over year to $85.8 million in the reported quarter, driven by its Engineered...
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New Top 5 Sectors - Screen of the Week
Tuesday, November 23, 2010 - 1:00pm | 233Kevin Matras goes over the new Top Sectors and how to use them in your own trading. Highlighted stocks include CTB, CSL, BG, CBRL and UNS. BUNGE LTD (BG): Free Stock Analysis Report CRACKER BARREL (CBRL): Free Stock Analysis Report CARLISLE COS IN (CSL): Free Stock Analysis Report COOPER TIRE (CTB...
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Motorola & Kopin Join Forces - Analyst Blog
Tuesday, November 23, 2010 - 12:30pm | 779Motorola Solutions, a business unit of Motorola Inc. (MOT), tied up Kopin Corporation (KOPN) to manufacture a hands-free computer and communications headset. Based on Kopin's advanced system and micro-display technologies, this head worn device will support simulation software, streaming video on...
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Company News for November 23, 2010 - Corporate Summary
Tuesday, November 23, 2010 - 11:18am | 702• Hewlett-Packard (NYSE: HPQ) reported earnings of $1.33 per share, up from estimates of $1.27 per share, on an 8.1% revenue gain to $33.2 billion above estimates of $32.8 billion. The firm's new-year estimate was set at a 13-15% rise to $5.16-$5.26 • Campbell Soup (NYSE: CPB) reported its fiscal...
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Novell to be Acquired by Attachmate - Analyst Blog
Tuesday, November 23, 2010 - 9:43am | 1339Acquisition Details Enterprise software developer, Novell Inc. (NOVL) announced that it will be acquired by Attachmate Corporation, a software company supported by private equity firms such as Golden Gate Capital, Francisco Partners and Thoma Bravo. Novell expects the deal to close in the first...
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GE Gas Turbines for Nigeria - Analyst Blog
Tuesday, November 23, 2010 - 9:29am | 422General Electric Company (GE) will supply four gas turbines for the Omotosho Phase 2 Power Plant, located in southwestern Nigeria. This will help the country reduce its power shortages and blackouts. GE will provide four Frame 9E gas turbines, generators, accessories, technical assistance and...
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Raven Outperforms EPS Estimate - Analyst Blog
Tuesday, November 23, 2010 - 8:08am | 898Raven Industries Inc. (RAVN) reported its earnings per share of 65 cents in the third quarter, outperforming the Zacks Consensus Estimate of 43 cents and 40 cents in the prior year quarter. Revenue increased 43% year over year to $85.8 million in the reported quarter, driven by its Engineered...
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Motorola & Kopin Join Forces - Analyst Blog
Tuesday, November 23, 2010 - 7:16am | 779Motorola Solutions, a business unit of Motorola Inc. (MOT), tied up Kopin Corporation (KOPN) to manufacture a hands-free computer and communications headset. Based on Kopin's advanced system and micro-display technologies, this head worn device will support simulation software, streaming video on...
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Company News for November 23, 2010 - Corporate Summary
Tuesday, November 23, 2010 - 5:28am | 702• Hewlett-Packard (NYSE: HPQ) reported earnings of $1.33 per share, up from estimates of $1.27 per share, on an 8.1% revenue gain to $33.2 billion above estimates of $32.8 billion. The firm's new-year estimate was set at a 13-15% rise to $5.16-$5.26 • Campbell Soup (NYSE: CPB) reported its fiscal...
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GE Wins China Aviation Deals - Analyst Blog
Tuesday, November 23, 2010 - 2:03am | 441CFM International, a 50/50 joint venture between General Electric Co (GE) and French company Snecma, has obtained contracts worth $2.1 billion for supply of engines and services to Air China, China Eastern Airlines and the HNA Group. The supply will include 20 CFM56-5B engines for Air China, 30...