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Highway Holdings Appoints New CFO
Thursday, October 7, 2010 - 8:21am | 44Highway Holdings Limited (Nasdaq: HIHO) today announced the appointment of Alan Chan as the company's chief financial officer, succeeding Po Fong who decided to retire from her position upon expiration of her employment agreement on September 30, 2010.
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NN Inc. - Value
Thursday, October 7, 2010 - 4:39am | 575NN Inc. (NNBR) is expected to post triple digit earnings growth in 2010 after 2009 earnings were crushed by the global recession. NN manufactures high precision bearing components, industrial plastic and rubber products and precision metal components. The Tennessee-based company has 11...
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U.S. Army Selects ITT for $1.4 Billion Kuwait Facilities Contract
Wednesday, October 6, 2010 - 2:11pm | 133ITT Corporation (NYSE: ITT) has been awarded a contract by the U.S. Army Rock Island Contracting Center to provide comprehensive support services for all U.S. Army facilities in Kuwait. The award is for one year with four one-year options and is worth an estimated $1.4 billion with all options...
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Benzinga's Volume Movers (TTES, AMSC, TISI, HTHT)
Wednesday, October 6, 2010 - 12:00pm | 172T-3 Energy Services Inc (NASDAQ: TTES) shares moved up 15.10% to $31.25 at 11:25 am. The volume of TTES shares traded was 2961% higher than normal. TTES has agreed to be purchased for $422 million or $31 per share by Robbins & Myers Inc (NYSE: RBN). American Superconductor Corporation (NASDAQ:...
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10-6-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, October 6, 2010 - 11:58am | 4685Stephen Bernard, AP Business Writer Stocks mixed, Treasury yields drop after jobs data Stocks waver, investors opt for Treasurys after disappointing jobs report from ADP NEW YORK (AP) — Stocks traded in a tight range Wednesday after a disappointing report on the jobs market renewed concern about...
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Robbins & Myers Reports Better-Than-Expected Q4 Results
Wednesday, October 6, 2010 - 9:35am | 55Robbins & Myers Inc (NYSE: RBN) reports its Q4 EPS at $0.45, beating the consensus of $0.40. RBN reports its Q4 revenue at $178.4 million, versus the consensus of $164.06 million. RBN shares gained 1.76% to $27.15 at 9:32 am. Read more from Benzinga's Company news.
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Jefferies Initiates Coverage On SIRO, XRAY, CALP, DENX, DHR, PKI
Wednesday, October 6, 2010 - 9:23am | 91Jefferies & Co. has initiated coverage for the following companies: Sirona Dental Systems (NASDAQ: SIRO) Hold Dentsply (NASDAQ: XRAY) Buy, $40 price target Caliper Life Sciences (NASDAQ: CALP) Buy, $6 price target Dionex (NASDAQ: DNEX) Hold Danaher (NYSE: DHR) Buy, $52 price target PerkinElmer...
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Robbins & Myers Inc (NYSE: RBN) To Acquire TTES
Wednesday, October 6, 2010 - 9:16am | 42Robbins & Myers Inc (NYSE: RBN) annocned today they are looking to purchase T-3 Energy Services Inc. (NASDAQ: TTES) for $31 a share. TTES is up 17% Premarket at $31.70
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Robbins & Myers To Acquire T-3 Energy Services Inc.
Wednesday, October 6, 2010 - 9:14am | 42Robbins & Myers Inc (NYSE: RBN) annocned today they are looking to purchase T-3 Energy Services Inc. (NASDAQ: TTES) for $31 a share. TTES is up 17% Premarket at $31.70
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Robbins & Myers Announces Fourth Quarter and Full Year Results; EPS $.45
Wednesday, October 6, 2010 - 8:39am | 161Robbins & Myers, Inc. (NYSE: RBN) today reported diluted net earnings per share of $0.45 for its fiscal fourth quarter ended August 31, 2010 and $1.01 for the full fiscal year, or $0.53 and $1.09, respectively, before fourth quarter restructuring charges. The Company reported DEPS of $0.39 in...
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Bernstein Initiates IR With Outperform
Wednesday, October 6, 2010 - 6:48am | 50Analysts at Bernstein initiate coverage of Ingersoll-Rand Plc (NYSE: IR) with an "outperform" rating. The target price for IR is set to $50. Shares of IR gained 3.05% to close at $37.16 yesterday. More Analyst Ratings here
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Earnings Scheduled For October 6 (MAR, COST, STZ, MON, BLUD, AYI, RT, CAMP, RPM, HELE, RBN, RELL)
Wednesday, October 6, 2010 - 4:51am | 273Marriott International Inc (NYSE: MAR) is likely to post its Q3 earnings at $0.23 per share. Costco Wholesale Corp (NASDAQ: COST) may report its Q4 EPS at $0.95. Constellation Brands Inc (NYSE: STZ) is expected to post its earnings at $0.49 per share in the second-quarter. Monsanto Co (NYSE: MON)...
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10-5-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Tuesday, October 5, 2010 - 11:43am | 4302Associated Press Gain in services sector lifts stocks; Dow up 100 US stocks get a lift from services sector gains; Japanese rate cut lifts world markets NEW YORK (AP) — Stocks rose Tuesday following news that activity expanded in the U.S. services sector last month. World markets also rose after...
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Nordson Corporation to Acquire Micromedics, Inc.
Tuesday, October 5, 2010 - 11:25am | 92Nordson Corporation (Nasdaq: NDSN) today announced it has entered into a definitive agreement to acquire St. Paul, Minnesota-based Micromedics Inc.. Terms of the deal, which is expected to close within approximately 30 days, were not disclosed. The acquired business will be integrated into...
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Thermadyne Holdings Corporation Agrees to Be Acquired by Irving Place Capital for $422M
Tuesday, October 5, 2010 - 9:22am | 106Thermadyne Holdings Corporation (Nasdaq: THMD) today announced that it has entered into a definitive agreement to be acquired by affiliates of Irving Place Capital, a middle-market private equity firm, in a transaction valued at approximately $422 million, excluding fees and expenses. Under the...