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Danaher Corp. (DHR) Rated Buy With Medium Risk (2M)
Monday, December 28, 2009 - 8:29am | 100Citigroup Global Markets believes Danaher Corp. (NYSE: DHR) is one of the elite companies in the U.S. Multi-Industry universe, and hence should trade at a premium to the market. The firm said that Danaher's five-year historical incremental Return On Invested Capital (IROIC) illustrates that its...
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Crane Co. (CR) to Acquire Merrimac Industries
Thursday, December 24, 2009 - 7:11am | 166Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, and Merrimac Industries, Inc. (AMEX: MRM), a leader in the design and manufacture of RF Microwave components, assemblies and micro-multifunction modules (MMFM®), announced that they have signed a definitive...
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12 Energy And Infrastructure Stocks To Watch In 2010 (CVX, RDS, XOM, DIG, DVN)
Wednesday, December 23, 2009 - 9:26am | 347David Fessler has picked 12 stocks that are set to profit from the energy and infrastructure sector in 2010. Fessler expects oil to trade in the range of $70 - $100 in 2010, supported by a strong demand from the emerging economies led by China. His picks are oil behemoths Chevron Corporation (NYSE...
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ITT Defense Margins Under Pressure
Monday, December 21, 2009 - 2:46pm | 129Analysts at Macquarie Capital Markets maintain their "underperform" rating on ITT Corporation (NYSE: ITT), while raising their estimates for the company. The target price for ITT is set to $48. ITT, in its initial 2010 guidance, suggested contracting defense margins and nominal growth in its Fluid...
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Barclays Launches Leveraged Exchange Traded Notes (ETN) (BDD, BCS)
Monday, December 21, 2009 - 1:22pm | 167Barclays Capital, a unit of British banking behemoth Barclays (NYSE: BCS), announced the launch of five Exchange Traded Notes (ETN). These instruments provide investors both long and short exposure to the S&P 500 index. Exchange Traded Notes are like ETFs (Exchange Traded Funds) with a slight...
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Mercer Hit by $2.8 Billion Lawsuit - Analyst Blog
Monday, December 21, 2009 - 11:32am | 366On Dec 17, 2009, Mercer (US) Inc., a unit of Marsh & McLennan Companies Inc. (MMC) was sued by the Alaska Retirement Management Board (state agency) for making significant errors while estimating its liabilities for pension plans. Mercer is a human resource consulting firm, also doubling as an...
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Long Run Outlook Bright For Pall (PLL)
Friday, December 18, 2009 - 4:52pm | 107Pall Corporation’s (NYSE: PLL) management has laid out a detailed plan of action to improve margins and accelerate top-line. This has given analysts greater confidence in Pall’s ability to deliver in the long run, though actual execution is the ultimate determinant. Barclays (NYSE: BCS) has...
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ABT Seeks Simcor Label Expansion - Analyst Blog
Friday, December 18, 2009 - 2:20pm | 454Abbott (ABT) recently submitted a supplemental new drug application (sNDA) with the U.S. Food and Drug Administration (FDA) seeking approval for two new dosage strengths of Simcor, a cholesterol medication. Simcor is a fixed-dose combination of Niaspan (niacin extended-release) and Merck’s (MRK)...
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Benzinga’s News Roundup (DEER, NPO, AMGN, ITT)
Friday, December 18, 2009 - 9:25am | 256Deer Consumer Products, Inc. (NASDAQ: DEER) today raised its net income guidance for the year to $11.5 million from $10.5 million. Deer Consumer expects sales of $81 million for the year. DEER is trading at $11.75, up 11.80% in the pre-market session. The 52-week trading range for DEER is $0.46 - $...
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Nordson (NDSN) Posts Q4, Full-year Losses on Write-down
Thursday, December 17, 2009 - 8:01am | 61Nordson Corp. (NASDAQ: NDSN) posted a loss for the Q4 as it booked $243m worth of charges to write down the value of assets. Revenue fell 20% to $237.4m from $297.7m. Nordson Corporation (NDSN) is a global manufacturer of equipment used for precision material dispensing, testing and inspection,...
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Stocks That Formed New 52-Week Highs (GOOG, ANAT, NEU, KTII, EQIX)
Wednesday, December 16, 2009 - 3:13pm | 226Google (NASDAQ: GOOG) shares broke the old 52-week barrier of $597.31 to create a new high of $600.37. GOOG witnessed impressive growth in its display advertising business from the commencement of the year until Q3. American National Insurance Co (NASDAQ: ANAT) shares broke their 52-week old...
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Top 5 Mid-Cap Stocks with Highest 5-Y Earnings Growth (SPR, MELI, UDR, FLS, DISCA)
Tuesday, December 15, 2009 - 9:03am | 177Below are the top 5 mid-cap stocks on the NYSE and the NASDAQ in terms of highest earnings growth. The five-year earnings growth for Spirit AeroSystems Holdings Inc (NYSE: SPR) is 256.84%. SPR’s market capitalization is $2.87 billion. SPR posted its earnings for the September quarter significantly...
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Fast Money Picks For December 14th (CHD, LLL, BSX, DHR)
Friday, December 11, 2009 - 9:25pm | 113CNBC's Fast Money Joe Terranova thinks that investors who own Church & Dwight Co. (NYSE: CHD) should sell some on Monday. Church & Dwight Co. (CHD) fell 0.38% to $60.18. Guy Adami would buy L3 Communications (NYSE: LLL), which gained 1.99% and closed at $83.64. L3 Communications (LLL) had a...
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Geron's GRNVAC1 Shows Promise - Analyst Blog
Friday, December 11, 2009 - 12:32pm | 374Biotech company Geron (GERN) recently presented encouraging interim data on its pipeline candidate, GRNVAC1, at the annual meeting of the American Society of Hematology (ASH). GRNVAC1 is a vaccine, which is being developed to help extend the remission of acute myelogenous leukemia (AML). Data from...
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Illinois Tool Works (ITW) Raises Q4 Profit Outlook
Friday, December 11, 2009 - 9:01am | 142Illinois Tool Works Inc. (NYSE: ITW)(FREE stock trend analysis) said its revenue fell 13% in the Q4 but it raised its earnings forecast for the period due to a $75m gain from a tax audit settlement in Germany. The company said it expects to report earnings from continuing operations between 69...