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Zacks Analyst Blog Highlights: Motorola, Nokia, Siemens, Google, and Adobe Systems Incorporated - Press Releases
Wednesday, November 17, 2010 - 11:33am | 1108For Immediate Release Chicago, IL – November 17, 2010 – Zacks.com Analyst Blog features: Motorola Inc. (MOT), Nokia Corp. (NOK), Siemens AG (SI), Google Inc. (GOOG) and Adobe Systems Incorporated (ADBE). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...
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GE Energy Financial Services Invests $8M in CoolPlanetBiofuels
Wednesday, November 17, 2010 - 9:31am | 45GE Energy Financial Services, a unit of GE (NYSE: GE), has joined an $8 million funding round for CoolPlanetBioFuels, a start-up company developing a technology that converts low-grade biomass into high-grade fuel and carbon that can be sequestered.
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D.R. Horton Signs Exclusive Appliance Deal with GE
Wednesday, November 17, 2010 - 9:03am | 62D.R. Horton has selected GE (NYSE: GE) as its exclusive supplier of major household appliances in a four-year agreement. Building homes in the east, midwest, southeast, south central and west regions of the country, D.R. Horton has chosen GE for its ability to adapt to the ever-changing dynamics in...
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China Breaks Airbus-Boeing Monopoly - Analyst Blog
Wednesday, November 17, 2010 - 8:20am | 583Commercial Aircraft Corp. of China (Comac) has secured its first 100 C919 passenger-aircraft orders, breaking the near monopoly enjoyed by Airbus S.A.S. and The Boeing Co. (BA). General Electric Co's (GE) leasing arm and China's three largest domestic airlines by fleet size were amongst the...
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St. Jude & ZONARE in Imaging Tie-up - Analyst Blog
Wednesday, November 17, 2010 - 7:48am | 678Medical devices major St. Jude Medical (STJ) has struck a development and marketing pact with leading ultrasound system provider ZONARE Medical Systems. The financial terms of the deal have not been divulged by the entities. The agreement will mark the integration of St. Jude's echocardiography...
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Zacks Analyst Blog Highlights: Motorola, Nokia, Siemens, Google, and Adobe Systems Incorporated - Press Releases
Wednesday, November 17, 2010 - 6:01am | 1108For Immediate Release Chicago, IL – November 17, 2010 – Zacks.com Analyst Blog features: Motorola Inc. (MOT), Nokia Corp. (NOK), Siemens AG (SI), Google Inc. (GOOG) and Adobe Systems Incorporated (ADBE). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...
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Illinois Tool Provides 4Q Guidance - Analyst Blog
Tuesday, November 16, 2010 - 4:33pm | 532Illinois Tool Works Inc. (ITW) reported a 13% year-over-year rise in its operating revenues for the three months ended October 31, 2010. The increase records a 10% growth attributable to a hike in base revenue and 4% to acquisitions. Currency translation had a negative 1.0% impact on the...
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Motorola Splits in January 2011 - Analyst Blog
Tuesday, November 16, 2010 - 11:03am | 857Struggling mobile phone manufacturer Motorola Inc. (MOT) will split itself into two separate entities in January 2011. Previously, Motorola expected the split to be completed in the first quarter of 2011. Motorola's spin-off has been in progress since early 2008. The company decided to split...
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GE and Venture Capital Partners to Invest $55 Million in New Technology
Tuesday, November 16, 2010 - 11:01am | 76GE (NYSE: GE) and its venture capital partners today announced a collective investment of $55 million in leading power grid technology companies as part of the $200 million “GE ecomagination Challenge." This is the first of several rounds of innovation funding planned by GE and its venture capital...
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CSC Signs $387M IT Services Contract Extension with Textron
Tuesday, November 16, 2010 - 9:02am | 65CSC (NYSE: CSC) today announced a three-year extension to its global information technology (IT) outsourcing agreement with Textron Inc. (NYSE: TXT). The extension, which was awarded during CSC's fiscal 2011 second quarter, is valued at $387 million and extends the original agreement through...
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Business Is All About the Team
Tuesday, November 16, 2010 - 8:50am | 341When looking at business opportunities, investors nearly always put their money on a team, not an individual or an idea. It's true that when you think of great businesses, it's usually a charismatic leader that stands out. Think of GE (NYSE: GE) and you think of Jack Welch; think of Microsoft (...
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Summit Brands and GE Appliances Renew Partnership
Monday, November 15, 2010 - 12:53pm | 56Summit Brands today announced their renewed partnership with appliance industry leader GE Appliances (NYSE: GE). This partnership allows Summit Brands the opportunity to educate new and current GE Appliances consumers on how to properly clean and care for their water softener with the help of...
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Bally Technologies Implements 3M Multi-Touch Technology
Monday, November 15, 2010 - 9:14am | 1003M Touch Systems Inc., a wholly-owned subsidiary of 3M (NYSE: MMM), today announced that 3M Projective Capacitive Technology is featured in Bally Technologies' (NYSE: BYI) new iDeck™ solution for the gaming technology company's new ALPHA 2™ Pro Series™ gaming cabinets. Bally Technologies' iDeck is...
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Siemens Underperforms EPS Estimate - Analyst Blog
Friday, November 12, 2010 - 4:03pm | 819Siemens AG (SI) reported loss per share from continuing operations of €0.47 (61 cents) for the fourth quarter of fiscal 2010 compared with a loss per share of €1.21 in the year-ago quarter. The Zacks Consensus Estimate for the quarter was earnings per share of $1.78. Revenue The company...
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Icahn Enterprises Announces Closing of $500 Million Senior Notes Offering
Friday, November 12, 2010 - 1:41pm | 111Icahn Enterprises L.P. (NYSE: IEP), together with Icahn Enterprises Finance Corp., announced today that they have consummated their offering of $500 million in aggregate principal amount of 7-3/4% Senior Notes due 2016 and 8% Senior Notes due 2018. The proceeds from the offering will be used for...