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Rockwell Bullish About Future - Analyst Blog
Friday, September 17, 2010 - 7:03pm | 1325Rockwell Collins Inc. (COL), a supplier of avionics and military equipment, expects strong prospects for its commercial systems business with signs of recovery in the cyclical commercial aerospace industry. In July 2010, passenger traffic worldwide grew 13.8% year over year in the premium segment...
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How To Initiate Long-Term Positions in a Volatile Market (MET, MSFT, GE)
Friday, September 17, 2010 - 3:50pm | 1072Whether you are a day trader, steelworker, rock star, or sales manager there has and always will be the need to construct a portfolio of longer-term holdings. This portfolio can be made up of mutual funds, ETFs, bonds, individual stocks, or any number of assets really. The fact of the matter is...
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Natural Gas — The ‘American Idol' Of Energy
Friday, September 17, 2010 - 8:45am | 194U.S. utilities, which are under pressure to use more environmentally friendly fuel sources, are increasingly betting their future of natural gas at the expense of coal. As Bloomberg News notes, the U.S. Department of Energy estimates that gas-fired electricity will climb 31 percent of U.S. power...
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Pete Najarian Recommends Siemens AG (SI) As A Buy
Thursday, September 16, 2010 - 7:26pm | 122CNBC Fast Money's Pete Najarian suggested investors to buy Siemens AG (ADR) (NYSE: SI). He explained that this stock is like a German version of General Electric Company (NYSE: GE). He is encouraged with the progress Siemens (SI) has made in India. Pete Najarian also likes forward P/E, and the...
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Company News for September 16, 2010 - Corporate Summary
Thursday, September 16, 2010 - 10:15am | 461• FedEx (NYSE: FDX) posted fiscal first quarter earnings one cent below consensus expectations, coming in at $1.20 on a revenue gain of 18.1% to $9.46 billion, above projections of $9.39 billion. The company raised its fiscal 2011 guidance to $4.80-$5.25 • Microsoft (NASDAQ: MSFT) launched its new...
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GE Capital to Provide Financing for Dell's Channel Partners
Thursday, September 16, 2010 - 9:29am | 60GE Capital (NYSE: GE) announced today that it has been chosen by Dell Inc. (NASDAQ: DELL) and Dell Financial Services to support a new end-user financing program. This program applies to sales of technology solutions generated through Dell's 20,000+ channel partners in the U.S.
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Buffett and Roubini on Either Side of the Market Debate … Who do you Believe?
Thursday, September 16, 2010 - 9:27am | 1712I found it interesting that Warren Buffet was recently quoted as saying: “I am a huge bull on this country. We are not going to have a double-dip recession at all…I see our businesses coming back across the board.” At the same conference, Jeff Immelt, CEO of General Electric (NYSE:GE), said that...
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Company News for September 15, 2010 - Corporate Summary
Thursday, September 16, 2010 - 7:33am | 656• MasterCard's (NYSE: MA) board approved repurchase of up to $1 billion of its Class A common shares • Needham & Co. maintained its "buy" rating on Varian Semiconductor (NASDAQ: VSEA), but lowered the price target to $32 from $35 • Citigroup (NYSE: C) initiated coverage of General Electric (...
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Detroit Edison Going Green - Analyst Blog
Wednesday, September 15, 2010 - 8:03pm | 1024Detroit Edison, the utility subsidiary of DTE Energy Company (DTE) received regulatory approval for a 20-year renewable energy purchase contract. The Michigan Public Service Commission ("MPSC") gave approval for the company to purchase 200 megawatts (MW) of wind energy from Invenergy Wind. ...
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Futures Decline Following Japan's Yen Intervention
Wednesday, September 15, 2010 - 9:37am | 218Stock futures edged lower Wednesday after the Japanese Government intervened regarding the yen overnight - pushing the dollar sharply higher against the yen. As of 8:40 a.m. in New York the Dow Jones Industrial Average futures lost 36 points, or 0.34%, to 10494, the S&P 500 index futures were...
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Zacks Bull and Bear of the Day Highlights: Hain Celestial, McDermott, Sprint Nextel, Clearwire and Verizon Communications - Press Releases
Wednesday, September 15, 2010 - 8:33am | 1552For Immediate Release Chicago, IL –September 15, 2010 – Zacks Equity Research highlights: Hain Celestial (HAIN) as the Bull of the Day and McDermott International (MDR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Sprint Nextel (S), Clearwire Corp. (CLWR) and...
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McDermott International (MDR) - Bear of the Day
Wednesday, September 15, 2010 - 2:03am | 155We are downgrading McDermott International (MDR) shares to Underperform from Neutral due to the tentative commodity price scenario and the company's clouded post-split outlook. Near-term bookings remain lumpy at McDermott, as the current uncertain environment has adversely affected the economics...
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Tyco International Announces Filing of Form for Planned Spin-Off
Tuesday, September 14, 2010 - 4:35pm | 78Tyco International Ltd. (NYSE: TYC) today announced the filing of an initial Form 10 Registration Statement with the U.S. Securities & Exchange Commission (SEC) in connection with the company's previously-announced plan to pursue a spin-off of its Electrical & Metal Products business. The...
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Alcoa Joins Forces with Textron - Analyst Blog
Tuesday, September 14, 2010 - 2:33pm | 816Textron Marine & Land Systems, an operating unit of Textron Systems, a subsidiary of Textron Inc. (TXT), in a smart move added Alcoa Defense, a business unit of Alcoa Inc. (AA) to its Ship-to-Shore Connector (SSC) program bidding team. Textron along with its partner in SSC team, L-3...
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ITW Acquires Panreac Group - Analyst Blog
Tuesday, September 14, 2010 - 1:45pm | 616Illinois Tool Works Inc. (ITW) recently acquired Europe-based chemical company, Panreac Group. The terms of the transaction were not disclosed. Panreac Group serves particularly the laboratory, pharmaceutical, cosmetic and food industries. The acquired company, founded in 1941, employs roughly...