-
10-18-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Monday, October 18, 2010 - 12:04pm | 4053Stephen Bernard, AP Business Writer Stocks climb after Citigroup tops forecasts Stocks climb after Citigroup's 3rd-quarter results give financial stocks a lift NEW YORK (AP) — An upbeat start to a busy week of earnings pushed stocks higher Monday. Citigroup Inc.'s better-than-expected results...
-
Hudson Securities Maintains $80 Target On Valmont Industries (VMI)
Monday, October 18, 2010 - 11:25am | 147Hudson Securities is out with a research report on Valmont Industries, Inc. (NYSE: VMI), after the company reported earnings last week. It is maintainig its Buy rating, and $80 price target. In a note to clients, Hudson writes, "While we believe Irrigation will have a strong year in 2011, one...
-
Mid-Day Market Movers (AGAM, HIHO, CTIB, RBPAA)
Monday, October 18, 2010 - 10:11am | 142AGA Medical Holdings Inc (NASDAQ: AGAM) climbed 40.62% to $20.68 at 10:08 am. St Jude Medical Inc (NYSE: STJ) has agreed to acquire AGAM for $1.3 billion or $20.80 per share, representing a 32% premium to AGAM's 6-month average price. Highway Holdings Limited (NASDAQ: HIHO) jumped 32.60% to $2.77...
-
Sterne Agee Reiterates Buy Rating on Badger Meter (BMI)
Monday, October 18, 2010 - 9:49am | 155Sterne Agee is out with a research report this morning, where it reiterates its Buy rating on Badger Meter Inc. (NYSE: BMI); it has a $47.00 price target on the stock. The SA analysts said that they are looking for revenue and EPS to come in above the Street consensus and that they expect strong...
-
RBC Capital Reiterates Ratings On AME, MIDD, OIS, GPC, GDI, FTR, FHN, AGN
Monday, October 18, 2010 - 9:37am | 155RBC Capital Markets has reiterated its ratings on the following companies: Ametek (NYSE: AME) Outperform, price target raised from $50 to $55 Middleby (NASDAQ: MIDD) Sector Perform, price target raised from $64 to $70 Oil States (NYSE: OIS) Outperform, price target raised from $56 to $58 Genuine...
-
Upon PG&E Settlement Agreement, Deutsche Bank Increases Estimates
Monday, October 18, 2010 - 8:35am | 157The settlement reached in Pacific Gas & Electric Co.'s (NYSE: PCG) 2011 General Rate Case (GRC) was more favorable than expectations, Deutsche Bank reports. “We reiterate our Buy on PCG based on a favorable risk/reward outlook on this GRC settlement, the November election outcome (California...
-
BB&T Capital Downs MWA To Hold
Monday, October 18, 2010 - 6:17am | 45Analysts at BB&T Capital Markets downgrade Mueller Water Products Inc (NYSE: MWA) from "buy" to "hold." MWA's shares lost 0.32% to close at $3.12 on Friday. More Analyst Ratings here
-
Merger Arbitrage Mondays – October 18, 2010
Monday, October 18, 2010 - 3:02am | 4828Activity on the merger front continued to remain steady with seven new deals announced and two closing. Deal Statistics: Total Number of Deals Closed in 2010 87 Total Number of Deals That Did Not Complete in 2010 5 Total Number of Pending Deals Cash Deals 55 Stock Deals 13 Stock...
-
THE SUBPRIME DEBACLE: ACT 2
Sunday, October 17, 2010 - 12:27am | 5198By John Mauldin Trouble, oh we got trouble, Right here in River City! With a capital “T” That rhymes with “P” And that stands for Pool, That stands for pool. We've surely got trouble! Right here in River City, Right here! Gotta figger out a way To keep the young ones moral after school! Trouble...
-
10-15-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, October 15, 2010 - 11:35am | 4677Stephen Bernard, AP Business Writer Banking concerns, GE results drag stocks lower Stocks erase early morning gains as traders worry about banks, GE results disappoint NEW YORK (AP) — Concerns about the financial sector and a disappointing drop in revenue at General Electric halted a market rally...
-
10-14-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, October 14, 2010 - 11:29am | 4305Stephen Bernard, AP Business Writer Stocks slip after jobs, inflation reports Stocks edge lower after jobs, inflation reports; Dollar tumbles again NEW YORK (AP) — Stocks edged lower Thursday after another disappointing report on jobs. But losses were limited because traders expect the Federal...
-
Eaton Collaborates With Cochran Marine to Provide Clean Marine Shore Power
Thursday, October 14, 2010 - 10:05am | 100Eaton Corporation (NYSE: ETN) today announced it is collaborating with Cochran Marine to reduce cruise ship emissions and provide cleaner air quality in ports around the world. With this agreement, Eaton is the exclusive manufacturer of Cochran's automated shore power system for cruise ship...
-
3D Systems Teams Up With netfabb
Thursday, October 14, 2010 - 8:41am | 863D Systems (Nasdaq: TDSC) announced today that it has entered into an agreement with netfabb GmbH to resell netfabb's entire product portfolio of Studio and Cloud Solutions software with its 3D Production Systems, 3Dproparts™ and 3D Printers world-wide. Under this agreement, 3D Systems plans to...
-
Pentair Declares Quarterly Cash Dividend Of $0.19
Thursday, October 14, 2010 - 8:08am | 37Directors of Pentair, Inc. (NYSE: PNR) declared a regular quarterly cash dividend of 19 cents per share payable November 12, 2010 to shareholders of record at the close of business on October 29, 2010.
-
ITT Names Johan Grön Chief Technology Officer
Thursday, October 14, 2010 - 8:00am | 110ITT Corporation (NYSE: ITT) today announced the appointment of Dr. Johan Grön to the newly created position of Chief Technology Officer of its $4.6 billion global Fluid and Motion Control group. He joins ITT from Kemira Oyj in Helsinki, Finland, where he has been executive vice president, research...