-
Stock Market News for January 19, 2010 - Market News
Tuesday, January 19, 2010 - 10:01am | 543A day after closing at their multi-month peak, U.S. stocks registered their worst one-day decline of the year on Friday as concerns ranging from China’s move to curb bank lending to JP Morgan’s rising loan losses had investors selling shares. An unsatisfying reading on consumer sentiment also...
-
Markets in Everything: L.A. Gang Tours for $65
Saturday, January 16, 2010 - 6:31pm | 306LOS ANGELES (AP) - "Only miles from the scenic vistas and celebrity mansions that draw sightseers from around the globe - but a world away from the glitz and glamour - a bus tour is rolling through the dark side of the city's gang turf. Passengers paying $65 a head Saturday signed waivers...
-
$2.5k to $8k: Regulations Will Cost More Than Car
Friday, January 15, 2010 - 5:45pm | 188DETROIT (AP) -- The world's cheapest car ($2,500) is being readied for sale in the U.S., but by the time India's Tata Nano is retrofitted to meet emissions and safety standards, it won't be that cheap. Tata Motors already has made a European version of the four-seat car that will cost about $8,...
-
Clarcor Inc (CLC) Sees Improvement In Some End Markets And Geographies
Friday, January 15, 2010 - 12:51pm | 92William Blair & Company views Clarcor Inc. (NYSE: CLC) as a leader in the relatively resilient filtration industry. The firm believes that the shares are fully valued, and hence maintained a Market Perform rating. The firm opined that although the environment remains challenging, the company...
-
Briggs & Stratton Corporation To Book EPS of 6 Cents per Share in Q2 (BGG)
Thursday, January 14, 2010 - 10:49am | 95Briggs & Stratton Corporation (NYSE: BGG) announced its Q2 earnings. It was as per the expectation of $0.06 per share. Briggs had estimated revenues worth $429.29 million while it actually earned revenues worth $393 million. In Q4, Briggs ex-items was EPS was $0.24. However in FY2010, the...
-
Flanders Corporation (FLDR) Announces Intent To Delist And Deregister Its Common Stock
Wednesday, January 13, 2010 - 1:58pm | 167Flanders Corporation (NASDAQ: FLDR) has announced that it has submitted a written notice to The NASADQ Stock Market of its intention to voluntarily delist Flanders’ common stock from the NASDAQ Global Select Market. Flanders Corporation intends to file a Form 25 with the SEC on January 22, 2010 to...
-
AMGN Has Strong Product Pipeline
Wednesday, January 13, 2010 - 12:59pm | 166Analysts at Wells Fargo Securities maintain their "outperform" rating on Amgen Inc (NASDAQ: AMGN), while reducing their estimates for the company. Amgen has announced that it expects its 2009 EPS to come in at the low end of the guidance, with revenues at the mid range of the guidance. AMGN’s pre-...
-
HI Signs $426 Million Acquisition Deal With KTII
Monday, January 11, 2010 - 3:27pm | 99Funeral products maker Hillenbrand Inc (NYSE: HI) has agreed to acquire K-Tron International Inc (NASDAQ: KTII) in a $150 a share cash deal. KTII is a maker of manufacturing process equipment. HI-KTII deal is worth about $426 million and reflects a 32.1% premium to K-Tron International's Friday...
-
Analysts Positive On Ratings And Targets of CVX, DHR, DOV, ETN, EMR
Monday, January 11, 2010 - 11:08am | 547Analysts at leading banks have posted mostly positive ratings and price targets for stocks across sectors. Citigroup (NYSE: C) raised Chevron’s (NYSE: CBX) rating to Buy, based on the changed long term price assumption of $80 per barrel. Other upgrades include Petrobras (NYSE: PZE) and BP (NYSE: BP...
-
Company News for January 11, 2010 - Corporate Summary
Monday, January 11, 2010 - 10:16am | 197• Heineken plans a $7.7 billion all-stock purchase of the beer division of Fomento Economico Mexicano • Goldman Sachs (NYSE:GS) cut its rating on Northern Trust (NASDAQ:NTRS) from "buy" to "neutral." The price target was $54 on the shares • Deutsche Bank (NYSE:DB) reiterated its "buy" rating on...
-
Stocks That Created New 52 Week Highs (TDSC, ARMH, ARUN, BBBY, DXCM)
Thursday, January 7, 2010 - 2:26pm | 2033D Systems Corporation (NASDAQ: TDSC) shares hit a new 52-week high of $12.06 before slipping slightly to $12.04, reflecting a 2.38% rise. TDSC has expanded its 3Dproparts(TM) service to Europe. ARM Holdings plc (NASDAQ: ARMH) shares gained 4.93% to $9.57, creating a new 52-week high. ARMH is...
-
EMC Buys Archer Technologies - Analyst Blog
Wednesday, January 6, 2010 - 3:45pm | 493EMC Corp. (EMC), a leading information infrastructure solutions provider and data storage company announced the acquisition of Kansas-based Archer Technologies, a privately-held governance, risk and compliance (GRC) software provider. Financial terms of the deal were not disclosed. Archer's...
-
S&P Lowers Manulife Ratings - Analyst Blog
Tuesday, January 5, 2010 - 4:22pm | 482Manulife Financial Corporation’s (MFC) long-term counterparty credit ratings were lowered by Standard & Poor's Ratings Services to 'A+' from 'AA-'. The outlook assigned is negative. The company has also been removed from the CreditWatch listing. The rating action reflects the rating agency’s...
-
Company News for December 31, 2009 - Corporate Summary
Thursday, December 31, 2009 - 9:59am | 216• A spat between the Fox division of News Corp. (NASDAQ:NWSA) and Time Warner Cable (NYSE:TWC) threatens to cause a midnight blackout of Fox programming, as Fox seeks $1/month/subscriber and Time Warner is willing to pay 20 cents. • Piper Jaffray (NYSE:PJC) maintains an "overweight" rating on...
-
Top 5 Small-Cap NASDAQ Stocks In The Consumer Goods Sector With The Highest Dividend Yield (COBR, WSCI, UG, SGC, TBAC)
Tuesday, December 29, 2009 - 10:19am | 183Below are the top 5 small-cap Consumer Goods stocks on the NASDAQ in terms of dividend yield. The dividend yield at Cobra Electronics Corp (NASDAQ: COBR) is 10.32%. COBR’s market capitalization is $10.03 million. COBR’s shares have declined by 3.13% over the past three months. The dividend yield at...