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Xerox (NYSE: XRX) Options Traders Make a Post-Earnings Move
Monday, October 25, 2010 - 9:11am | 1517With earnings now out of the way for another few months, Xerox (NYSE:XRX) investors are evidently feeling empowered to sell straddles. The short straddle strategy, as George briefly discussed on Friday, is typically used by investors who expect range-bound trading and/or limited volatility in the...
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Standex Acquires Tri-Star Brand
Monday, October 25, 2010 - 8:47am | 106Standex International Corporation (NYSE: SXI) today announced that it has broadened its cooking solutions product offerings with the acquisition of the Tri-Star line of primary cooking product offerings, including ranges, fryers, griddles, convection ovens, salamanders, char broilers and hot plates...
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3M Extends Offering Period for Shares of Cogent, Inc.
Monday, October 25, 2010 - 8:34am | 1053M (NYSE: MMM) today announced that its direct wholly-owned subsidiary, Ventura Acquisition Corporation, has extended its cash tender offer for Cogent, Inc. (NASDAQ: COGT). The expiration date of the subsequent offering period has been extended to 5:00 PM, New York City time, on October 26, 2010....
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Top Narrow Based Indexes For October 22 (CLRT, RVBD, VICR)
Friday, October 22, 2010 - 10:28am | 214By 10:23 am, the Dow Jones Industrial Average was down 17.79 points, or 0.16%, to 11,128.78, while the broader Standard & Poor's 500 index had gained 0.80 points, or 0.07%. The NASDAQ composite index rose 5.57 points, or 0.23%. Some of the narrow based indexes that are supporting the market are...
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Top Narrow Based Indexes For October 22 (CLRT, RVBD, VICR)
Friday, October 22, 2010 - 10:28am | 214By 10:23 am, the Dow Jones Industrial Average was down 17.79 points, or 0.16%, to 11,128.78, while the broader Standard & Poor's 500 index had gained 0.80 points, or 0.07%. The NASDAQ composite index rose 5.57 points, or 0.23%. Some of the narrow based indexes that are supporting the market are...
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The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of Clarient, Inc. in Connection with the Sale of the Company to GE Healthcare
Friday, October 22, 2010 - 10:21am | 114Levi & Korsinsky is investigating the Board of Directors of Clarient, Inc. (NasdaqCM: CLRT) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to GE Healthcare, a unit of General Electric Company (NYSE: GE). Under the...
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Mid-Day Market Movers (RITT, MTSL, CLRT, SERV)
Friday, October 22, 2010 - 10:10am | 126RIT Technologies Ltd (NASDAQ: RITT) jumped 113.79% to $3.72 at 10:08 am. RITT's quarterly earnings surged 63.66% y/y. MER Telemanagement Solutions Ltd (NASDAQ: MTSL) shares surged 86.27% to $2.35. MTSL's quarterly earnings jumped 111.35% y/y. Clarient Inc (NASDAQ: CLRT) climbed 32.89% to $4.97....
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GE Healthcare to Acquire Clarient Inc. at $5 per Common Share
Friday, October 22, 2010 - 8:06am | 79GE Healthcare, a unit of General Electric Company (NYSE: GE), and Clarient, Inc. (Nasdaq: CLRT) announced today that they have entered into a definitive agreement for GE Healthcare to acquire Clarient. A subsidiary of GE will commence a tender offer for all outstanding common and preferred shares...
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GE Scientists Employ Jet Engine Technology in Prototype LED Bulb
Thursday, October 21, 2010 - 11:38am | 70Scientists from GE Global Research, the technology development arm for the General Electric Company (NYSE: GE), GE Lighting, and the University of Maryland—as part of a two-year solid-state lighting program with the U.S. Department of Energy—have announced the successful demonstration of a 1,500-...
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2 ETFs for Google and GE
Thursday, October 21, 2010 - 9:56am | 194(TheStreet) -- Given the company's massive pile of cash and numerous acquisitions throughout 2010, a growing crowd of market commentators are looking to Google (NASDAQ: GOOG) as the General Electric (NYSE: GE) of the 21st century. Using exchange-traded funds, it is possible to gain ample exposure...
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Coal Industry Outlook - Oct. 2010 - Zacks Analyst Interviews
Wednesday, October 20, 2010 - 7:09pm | 2482The outlook for the coal industry has revived materially from the weakness experienced in 2008 and 2009, driven by several powerful trends in the U.S. and Asia. Various recent economic indicators suggest that the U.S. economy regaining its stability, bringing about a rebound in various industries...
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Coal Industry Outlook - Oct. 2010 - Industry Outlook
Wednesday, October 20, 2010 - 7:09pm | 2482The outlook for the coal industry has revived materially from the weakness experienced in 2008 and 2009, driven by several powerful trends in the U.S. and Asia. Various recent economic indicators suggest that the U.S. economy regaining its stability, bringing about a rebound in various industries...
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Zacks Analyst Blog Highlights: STT,PHG,GE,PC,SNE - Press Releases
Wednesday, October 20, 2010 - 6:54pm | 1677For Immediate Release Chicago, IL – October 20, 2010 – Zacks.com Analyst Blog features:State Street Corporation (STT), Koninklijke Philips Electronics NV (PHG), General Electric Co. (GE), Panasonic Corporation (PC) and Sony Corporation (SNE). Get the most recent insight from Zacks Equity Research...
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Mixed Results from Textron - Analyst Blog
Wednesday, October 20, 2010 - 6:54pm | 709Textron Inc. (TXT) announced third quarter 2010 operating earnings of 13 cents per share versus 12 cents in the year-ago quarter, reflecting growth of 8.4%. The third quarter results easily surpassed the Zacks Consensus Estimate of 8 cents. Textron reported a GAAP loss for the third quarter of...
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Coal Industry Outlook - Oct. 2010 - Industry Outlook
Wednesday, October 20, 2010 - 6:54pm | 2482The outlook for the coal industry has revived materially from the weakness experienced in 2008 and 2009, driven by several powerful trends in the U.S. and Asia. Various recent economic indicators suggest that the U.S. economy regaining its stability, bringing about a rebound in various industries...