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Top 4 Stocks In The Textile Industrial Industry With The Highest Cash (MHK, AIN, IFSIA, UFI)
Tuesday, June 15, 2010 - 5:58am | 135Below are the top 4 textile industrial stocks on the NASDAQ and the NYSE in terms of cash. Mohawk Industries Inc (NYSE: MHK) had $452.33 million of cash in the latest quarter, while its debt liabilities stood at $1.87 billion. Albany International Corp (NYSE: AIN) had $101.76 million of cash and $...
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Celgene Presents Revlimid Data - Analyst Blog
Monday, June 14, 2010 - 3:15pm | 487Recently, Celgene Corp. (CELG) announced positive results from the planned second interim analysis of a late-stage study (n=459) of continuous Revlimid (lenalidomide) for treating patients, aged 65 or more, suffering from newly diagnosed multiple myeloma. The data, presented during the European...
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6-14-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Monday, June 14, 2010 - 11:49am | 2253Stocks are higher amid strong European economic data Stocks rose on Monday, boosted by technology and industrial shares after strong euro zone industrial data reassured investors the global economic rebound is on track. European shares hit a four-week high after April euro zone industrial output...
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Truckonomics: Truck Sales Shift Into High Gear
Monday, June 14, 2010 - 8:56am | 415The retail sales report for May was generally considered to be a disappointing sign that the economic recovery was stalling, as consumers unexpectedly "ratcheted back spending on everything from cars to clothing in May," according to the WSJ. But on both a year-to-year basis, and year-to-date...
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JP Morgan Raises Estimates for Pall (PLL)
Monday, June 14, 2010 - 8:45am | 123JP Morgan raised Pall Corporation's (NYSE: PLL) F2010 EPS forecast from $2.00 to $2.05. F2011 and 2012 estimates were reduced from $2.35 to $2.20 and $2.85 to $2.55 respectively due to the weakness of the Euro versus the dollar. JP Morgan said, "We rate Pall Corp. Neutral for year-ahead performance...
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6-11-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, June 11, 2010 - 2:29pm | 2196Stocks are mixed after a weak retail sales report Stocks are mixed in early trading after an unexpected drop in retail sales renewed concerns about the pace of the economic recovery. The Commerce Department said retail sales fell 1.2 percent in May. It was the first drop in sales in eight months...
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6-10-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, June 10, 2010 - 11:33am | 1933Stocks are sharply higher on China export data and stronger euro Stocks are sharply higher on Thursday, boosted by confirmation of strong China export data and a climb in the euro, while jobless claims data offered no surprises. China confirmed that exports jumped 50 percent in May, reassuring...
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Company News for June 10, 2010 - Corporate Summary
Thursday, June 10, 2010 - 10:04am | 188• Reports say another federal probe into Goldman Sachs' (NYSE:GS) handling of CDO is in the works, regarding a $2 billion Hudson Mezzanine offering sold in 2006 • Old Republic (NYSE:ORI) announced plans to merge with PMA Capital (NASDAQ:PMACA), in a $365 million deal • Citigroup (NYSE:C) upgraded...
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Upside Sold on Pall Corp. (PLL)
Wednesday, June 9, 2010 - 11:31am | 181Shares of Pall Corp (NYSE: PLL) are markedly higher on the session by 12.13%, currently trading $36.14. The stock has been drifting lower for the past seven weeks and was trading at yearly lows before today’s pop. Options traders are taking the opportunity of increased premiums to sell the upside...
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FTSE 250 (MIDD) Defending 910 support
Wednesday, June 9, 2010 - 5:23am | 1031Once again, bulls make a stand at 910 support for the FTSE 250 (MIDD). Declining resistance, currently at 970, will likely see a test by the end of the week. While this triangle trades towards an apex the FTSE 250 remains in an uneasy limbo. One can only assume there are a slew of stops below 910...
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Goldman Sachs Still Wants You to Sell Mueller Water Products
Tuesday, June 8, 2010 - 10:11am | 109Goldman Sachs analysts Jerry Revich and Terry Darling reiterated their sector relative Sell rating for Mueller Water Products, Inc. (NYSE: MWA) Despite taking MWA off its Americas Conviction Sell List, Goldman Sachs still thinks MWA is underperforming relative to its industry peers. According to...
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Company News for June 8, 2010 - Corporate Summary
Tuesday, June 8, 2010 - 9:37am | 141• Apple (NASDAQ:AAPL) introduced its latest iPhone, iPhone4, slated for June 24 release. The new model, a thinner version, offers over 100 features including video-chatting capabilities • Talbots (NYSE:TLB) reported first quarter earnings of 38 cents a share, versus Zacks expectations of 17 cents,...
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Goldman Upgrades MWA To Sell
Tuesday, June 8, 2010 - 6:27am | 52Analysts at Goldman Sachs upgrade Mueller Water Products Inc (NYSE: MWA) from "conviction sell" to "sell." The target price for MWA is set to $3.80. MWA’s shares tumbled 9.16% to close at $3.57 yesterday. More Analyst Ratings here
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Transdel Pharma Worth a Look - Analyst Blog
Monday, June 7, 2010 - 2:09pm | 881Initiating Coverage We are initiating coverage of Transdel Pharmaceuticals (TDLP) with an Outperform rating and price target of $2.50 per share. We believe that TDLP-110, currently known as Ketotransdel, has the potential to be a meaning share gainer in the treatment of acute soft tissue pain....
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Downside Sold on Kennametal (KMT)
Friday, June 4, 2010 - 12:49pm | 97Shares of Kennametal Inc. (NYSE: KMT) are lower on the session by 4.10%, currently trading $27.37. The stock has been falling as of late and is now in jeopardy of breaking through the 200-day moving average. Options traders are betting that the level is held, though. The December $25 put was sold...