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Tyco International Declares Quarterly Dividend of $.23 CHF
Thursday, September 9, 2010 - 10:30am | 141The Board of Directors of Tyco International Ltd. (NYSE: TYC) today declared a quarterly dividend of 0.23 Swiss Francs (CHF) per share, payable on November 23, 2010 to shareholders of record at the close of business on October 29, 2010, subject to a required filing with the Swiss Commercial...
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Stock Market News for September 9, 2010 - Market News
Thursday, September 9, 2010 - 10:03am | 969Stocks advanced modestly on Wednesday as easing worries about European finances helped investors set aside concerns resulting from the Federal Reserve’s latest Beige Book report. The beige book report on regional economic activity noted widespread signs of deceleration, causing some initial...
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3M to Acquire Arizant Inc. for $810 Million
Thursday, September 9, 2010 - 8:35am | 973M (NYSE: MMM) announced today it has entered into a definitive agreement to acquire Arizant Inc. for a purchase price of $810 million in cash. Based in Eden Prairie, Minn., Arizant is a leading manufacturer of patient warming solutions designed to prevent hypothermia in surgical settings. On a...
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Daktronics, Inc. (DAKT) - Zacks #1 Rank Top Performers
Thursday, September 9, 2010 - 8:12am | 884Large screen video displays and electronic scoreboards are not exactly in great demand during difficult economic times – let alone during a "Great Recession". However, Daktronics, Inc. (DAKT), the world's largest supplier of such products, believes that it may be through the worst of the downturn,...
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Quality Systems Stays Neutral - Analyst Blog
Wednesday, September 8, 2010 - 5:48pm | 586We reiterate our Neutral recommendation on Quality Systems (QSII) taking into account its well-recognized brand name as a provider of Electronic Health Record (EHR). At the same time, the ambulatory space, which is of concern to the company, is becoming more crowded, especially at the low-end of...
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Illinois Tool Acquires Elro Group - Analyst Blog
Wednesday, September 8, 2010 - 2:03pm | 606Illinois Tool Works Inc. (ITW) recently acquired Bremergarten-based developer and manufacturer of high quality thermal food service equipment, Elro Group. The terms of the transaction were not disclosed. The acquired company, founded in 1934, employs roughly 200 employees and will operate as a...
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Afternoon Market Update (NAV, TYC, JASO)
Wednesday, September 8, 2010 - 12:19pm | 150Navistar International Corp (NYSE: NAV) shares fell about 3.74%, after the company reduced its revenue projections for 2010. The company lowered its outlook as the military truck orders were postponed. NAV is now projecting its 2010 revenue at around $12 billion. However, the analysts expected the...
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Next Telecom Big Push from India - Analyst Blog
Wednesday, September 8, 2010 - 10:21am | 893India, the second largest emerging market in the world, is likely to turnout as a “Treasure Island” for the global telecom equipment manufacturing giants. According to recent news in The Economic Times, the first phase of 3G networks deployment in India may provide a business opportunity of...
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Stock Market News for September 8, 2010 - Market News
Wednesday, September 8, 2010 - 9:39am | 920Investors sold off stocks Tuesday amid fresh concerns about Europe’s debt problems. Gold prices reached a new peak as investors shunned riskier bets and turned to safe-haven assets. Government bonds and the dollar also advanced. After last week’s solid advance, U.S. equities appeared reluctant to...
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Walter Energy to See Limited Growth Through 2016
Wednesday, September 8, 2010 - 9:31am | 107Walter Energy, Inc. (NYSE: WLT) is having coverage initiated with a Neutral rating due to its marginal upside following Outperformance, visible growth and reinvestment options, and fewer NT-company specific catalysts vs Buy-rated peers, Goldman Sachs reports. Walter Energy has expanded met coal...
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GE Announces Phase 2 Flutemetamol Results
Wednesday, September 8, 2010 - 9:17am | 167GE (NYSE: GE) Healthcare announced today that results from its multicenter phase 2 study of flutemetamol were published in the September issue of Annals of Neurology. Flutemetamol is an investigational positron emission tomography imaging agent being developed by GE Healthcare, in the field of...
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Zacks Bull and Bear of the Day Highlights: Ryder System, McDermott International, JPMorgan Chase, Wells Fargo & Company and Bank of America - Press Releases
Wednesday, September 8, 2010 - 8:03am | 1962For Immediate Release Chicago, IL – September 8, 2010 – Zacks Equity Research highlights Ryder System (R) as the Bull of the Day and McDermott International (MDR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on JPMorgan Chase & Co. (JPM), Wells Fargo &...
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McDermott International (MDR) - Bear of the Day
Wednesday, September 8, 2010 - 7:03am | 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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Seaboard Corporation Declares Dividend of $.75
Tuesday, September 7, 2010 - 4:34pm | 60Seaboard Corporation (NYSE: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, today announced that the Board of Directors of the Corporation has declared a dividend of seventy-five cents ($0.75) per share on the common stock of the Corporation payable September 30, 2010 to...
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Looking for Stocks to Trade in September? … Just add Water
Tuesday, September 7, 2010 - 3:51pm | 1233September 7 2010 (Investorideas.com water stocks newswire) Investorideas.com and its leading water investor portal www.Water-Stocks.com update the global water stocks directory for September 2010. The directory now features over 300 publicly traded water companies. Investors can also track...