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Geron Corporation Posts Mixed Results; Receives First Milestone Payment (GERN)
Thursday, October 28, 2010 - 4:58pm | 148Geron Corporation (NASDAQ: GERN) reports Q3 earnings loss of $0.19 versus consensus of $0.20 loss. Geron Corporation reports revenues of $546,000 versus consensus of $930,000. In Q3, GE Healthcare (NYSE: GE) launched the first human cellular assay product, human cardiomyocytes or heart muscle cells...
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3M Beats Estimates - Analyst Blog
Thursday, October 28, 2010 - 2:03pm | 5583M Co. (MMM) released its earnings results for third quarter of 2010, reporting earnings per share of $1.53, beating the Zacks Consensus Estimate of $1.51. With a 13% increase in its earnings, the company's sales improved in all its business and geographic regions. 3M continues to deliver...
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3M Company Support Levels
Thursday, October 28, 2010 - 12:59pm | 1113M Company (NYSE: MMM) reported earnings this morning, beating Wall Street estimates but lowering their guidance going forward. The stock is getting pounded today, trading at $84.21, -6.16 (-6.82%). While this drop is drastic, it is nearing key support levels that may give traders a chance to play...
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Dahlman Rose Decreases Price Target on Walter Energy (WLT)
Thursday, October 28, 2010 - 12:44pm | 159Dahlman Rose & Co. is out with a research report this afternoon, where it reiterates its Buy rating on Walter Energy (NYSE: WLT); it decreased its price target on the name from $118.00 to $110.00. The Dahlman analysts noted that Walter maintained its full-year sales outlook but introduced...
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Brean Murray, Carret & Co. Raises WLT And MEE Price Targets
Thursday, October 28, 2010 - 12:36pm | 41Brean Murray, Carret & Co. is changing the price targets of the following companies: Walter Energy, Inc. (NYSE: WLT) $103 to $107 Massey Energy Company (NYSE: MEE) $39 to $55
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Stock Market News for October 28, 2010 - Market News
Thursday, October 28, 2010 - 10:03am | 1066After swinging back and forth for much of the session, stocks closed mostly in the red Wednesday amid concerns that the Fed's planned purchase of Treasury bonds would not be as heavy and swift as earlier anticipated. Traders are eagerly awaiting a Federal Reserve move to inject more money into the...
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GE Capital, Franchise Finance Provides $8.7 Million to Four M Capital, LLC., Buffalo Wild Wings, Inc., Franchisee
Thursday, October 28, 2010 - 8:15am | 75GE Capital (NYSE: GE), Franchise Finance provided $8.7 million in financing to Buffalo Wild Wings® International, Inc. franchisee, Four M Capital, LLC. The funds are being used for development of three Buffalo Wild Wings Bar and Grill restaurants in the greater New York metro and Connecticut areas...
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Futures Rise Ahead of 3M, Exxon Results on Busy Earnings Day
Thursday, October 28, 2010 - 7:45am | 252Stock futures were up modestly Thursday ahead of busy earnings day that includes the likes of Exxon Mobil (NYSE: XOM), 3M (NYSE: MMM) and others, along with key economic data on jobs. As of 7:30 a.m., in New York, the Dow Jones Industrial Average futures rose 17 points to 11089, the S&P 500...
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3M Achieves Record Sales of $6.9 Billion; EPS $1.53
Thursday, October 28, 2010 - 7:33am | 673M (NYSE: MMM) today reported record third-quarter earnings of $1.53 per share on sales of $6.9 billion. Sales and per-share earnings increased 11 percent and 13.3 percent, respectively, versus the third quarter of 2009. Operating income was a third quarter record $1.576 billion and operating...
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US Stock Futures Point Higher Start On Wall Street, Earnings In Focus
Thursday, October 28, 2010 - 7:00am | 280US stock futures moved up as investors are awaiting earnings reports from several companies. Futures for the Dow Jones Industrial Average gained 18 points to 11,090.00, while those for the S&P 500 index moved up 2.40 points to 1,181.20. Nasdaq 100 futures rose 3.75 points to 2,127.50. US stocks...
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Earnings Scheduled For October 28 (DUK, MSFT, XOM, MOT, MMM, MFE, DOW, FO, EXPE, CL, BMC, MXIM, MET, KLAC, VRSN, DBD, GNW, CAH)
Thursday, October 28, 2010 - 3:58am | 401Duke Energy Corp (NYSE: DUK) is likely to report its Q3 profit at $0.42 per share. Microsoft Corp (NASDAQ: MSFT) is projected to post its FQ1 EPS at $0.55. ExxonMobil (NYSE: XOM) is estimated to post its Q3 earnings of $1.38 per share. Motorola (NYSE: MOT) is forecast to post its Q3 profit at $0...
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Standex Raises Quarterly Cash Dividend 20% to $0.06 Per Share
Wednesday, October 27, 2010 - 4:50pm | 71Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share, which is payable November 24, 2010 to shareholders of record November 8, 2010. The Company's previous quarterly cash dividend was $0.05 per share. The...
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Oil & Gas Industry Outlook - Oct. 2010 - Industry Outlook
Wednesday, October 27, 2010 - 4:33pm | 2391Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, had been the main driver of the oil rally that saw the commodity zoom past the $85 per barrel level earlier this year. However, growing doubts about the strength of the U.S. economy this summer and host of other...
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Walter Energy Misses Estimates - Analyst Blog
Wednesday, October 27, 2010 - 3:33pm | 802Premium metallurgical coal producer and exporter Walter Energy Inc. (WLT) announced its operating earnings for the third-quarter 2010 of $2.57 per share, slightly below the Zacks Consensus Estimate of $2.59. However, the company's results were better than 45 cents earned in the year-ago quarter...
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Textron Declares Quarterly Dividend of $.02
Wednesday, October 27, 2010 - 10:55am | 48The Board of Directors of Textron Inc. (NYSE: TXT) today declared a quarterly dividend of $0.02 per share on the company's Common Stock. All dividends will be paid on January 1, 2011, to holders of record at the close of business on December 10, 2010.