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Merger Arbitrage Mondays – September 20, 2010
Monday, September 20, 2010 - 4:00am | 4986Merger activity increased last week with five new deals announced and two deals closing. Deal Statistics: Total Number of Deals Closed in 2010 69 Total Number of Deals That Did Not Complete in 2010 5 Total Number of Pending Deals Cash Deals 47 Stock Deals 10 Stock & Cash Deals 13...
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CLARCOR Inc. - Growth & Income
Monday, September 20, 2010 - 2:09am | 546CLARCOR Inc (CLC) was recently upgraded to a Zacks #2 rank (buy) after reporting solid third quarter results on September 15. The company beat the Zacks Consensus Estimate by 10%. CLARCOR makes filter products for the industrial, mobile, and consumer markets. It was founded in 1904 and is...
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ITT to Acquire O.I. Corp - Analyst Blog
Friday, September 17, 2010 - 1:03pm | 657ITT Corporation (ITT) has entered into an agreement to acquire all outstanding shares of O.I. Corporation (OICO), based in College Station, Texas. The transaction, worth approximately $29 million, is expected to close by the end of 2010, subject to shareholders' approval. The acquisition of O.I...
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9-17-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, September 17, 2010 - 11:41am | 4330Stephen Bernard, AP Business Writer Stocks pull back after drop in consumer sentiment September stock rally halted after surprise drop in consumer sentiment NEW YORK (AP) — Stocks pulled back modestly Friday after a discouraging report on consumer sentiment tempered recent signs of economic growth...
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ITW Issues Earnings Projection
Friday, September 17, 2010 - 8:30am | 83Illinois Tool Works Inc (NYSE: ITW) has issued its guidance for the third quarter and for 2010. ITW has projected its Q3 operating income at $0.72-$0.84 per share. The company has forecasted earnings of $2.82-$3.08 per share for 2010. The Wall Street analysts had expected Q3 earnings at $0.81 per...
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Great American Gary Aguirre “Cross Examines” in re: SEC's FOIA Exemption
Friday, September 17, 2010 - 8:03am | 1525I truly believe this could be the single most important and enlightening commentary ever put forth at Sense on Cents. Although it is a little lengthy and has some legalese, if you care about truth, transparency, and integrity in our nation, take the time to read and review. You will be better for...
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Benzinga's Top Upgrades (CTL, EOG, DCI, OSK)
Friday, September 17, 2010 - 8:01am | 140CenturyLink Inc (NYSE: CTL) was upgraded by Goldman from “neutral” to "buy." CTL's shares closed at $38.08 yesterday. CenturyLink's quarterly revenue gained 179.29% y/y. Credit Suisse upgraded EOG Resources Inc (NYSE: EOG) from "underperform" to "neutral.” EOG's shares closed at $91.00 yesterday....
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Zacks Analyst Blog Highlights: International Business Machines, AT&T, Duke Energy, H&R Block and Vodafone Group - Press Releases
Friday, September 17, 2010 - 7:36am | 1243For Immediate Release Chicago, IL – September 17, 2010 – Zacks.com Analyst Blog features: International Business Machines (IBM), AT&T Inc. (T), Duke Energy Corp. (DUK), H&R Block Inc. (HRB) and Vodafone Group Plc (VOD). Get the most recent insight from Zacks Equity Research with the free...
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IBM Acquires OpenPages - Analyst Blog
Thursday, September 16, 2010 - 5:39pm | 1299International Business Machines Corp. (IBM) continued its acquisition spree, with the latest candidate being privately held software company OpenPages. Terms of the deal were not disclosed. Based in Waltham, Massachusetts, OpenPages develops risk and compliance management software. According to...
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9-16-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, September 16, 2010 - 11:46am | 4092Stephen Bernard, AP Business Writer Stocks slip even as unemployment claims drop Stocks fall modestly even as new economic reports indicate economy continues slow growth NEW YORK (AP) — Investors snapped a recent trend Thursday when they sold stocks after the latest signs on the economy continued...
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CLARCOR Inc. Beats on Top and Bottom Lines (CLC)
Wednesday, September 15, 2010 - 4:22pm | 260CLARCOR Inc. (NYSE: CLC) reports earnings of $0.55 versus consensus of $0.50. CLARCOR Inc. reports revenues of $262.8 million versus consensus of $261.29 million. Norm Johnson, CLARCOR's Chairman and Chief Executive Officer, said, "Our 2010 operating results continue to be strong. Third quarter...
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CLARCOR Reports Fiscal Third QuarterResults
Wednesday, September 15, 2010 - 4:21pm | 70CLARCOR Inc. (NYSE: CLC) reported its financial results for the third quarter ended August 28, 2010. Operating profit increased 30% and net earnings increased 33% from the third quarter of 2009. Diluted earnings per share increased 31% to $0.55 from $0.42 in the third quarter of 2009. Changes in...
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Zacks.com featured expert Kevin Matras highlights: JAKKS Pacific, Inc., PolyOne Corp., Eaton Corp., CSX Corp. and Blount International Inc. - Press Releases
Wednesday, September 15, 2010 - 12:15pm | 1227Chicago, IL – September 15, 2010 - Stocks in this week's article include JAKKS Pacific, Inc. (NASDAQ: JAKK), PolyOne Corp. (NYSE: POL), Eaton Corp. (NYSE: ETN), CSX Corp. (NYSE: CSX) and Blount International Inc. (NYSE: BLT). Kevin Matras talks about the Price to Sales ratio and why it's one of his...
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9-15-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, September 15, 2010 - 12:05pm | 4361Stephen Bernard, AP Business Writer Stocks waffle after mixed news on manufacturing Stocks drift as a September rally weakens; Mixed signals on manufacturing NEW YORK (AP) — Stocks are mixed as a rally that drove the market sharply higher in September appears to be running out of gas. Major indexes...
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Earnings Scheduled For September 15 (APOG, DBRN, AIR, CLC)
Wednesday, September 15, 2010 - 5:23am | 112Apogee Enterprises Inc (NASDAQ: APOG) may report a Q2 loss of $0.10 per share on revenue of $145.38 million. Dress Barn Inc (NASDAQ: DBRN) may post its FQ4 EPS of $0.49 on $679.23 million in revenue. AAR Corp (NYSE: AIR) is expected to post its earnings of $0.29 per share on revenue of $381.51...