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Albany International Increases Quarterly Dividend from $0.12 to $0.13
Friday, May 27, 2011 - 8:44am | 55The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.13 per share on the Class A and Class B Common Stock, payable on July 8, 2011, to shareholders of record on June 7, 2011. This represents an increase of $0.01 from the most recent quarterly...
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Earnings Roundup For May 27
Friday, May 27, 2011 - 8:38am | 340Graham Corporation (AMEX: GHM) reported upbeat Q4 results on Friday. Graham reported its quarterly net income at $2.7 million, or $0.27 per, up from $0.6 million, or $0.06 per share, in the year-ago period. Its net sales surged 88% to $25.9 million from $13.8 million. However, analysts were...
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UPDATE: Graham Reports Upbeat Q4 Results
Friday, May 27, 2011 - 7:44am | 92Graham Corporation (AMEX: GHM) reported upbeat Q4 results on Friday. Graham reported its quarterly net income at $2.7 million, or $0.27 per, up from $0.6 million, or $0.06 per share, in the year-ago period. Its net sales surged 88% to $25.9 million from $13.8 million. However, analysts were...
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Fast Money Picks For May 27th (MOS, IBM, FLS, MAKO)
Thursday, May 26, 2011 - 7:35pm | 173CNBC Fast Money's Tim Seymour said on the show that Mosaic Co. (NYSE: MOS) is a buy. Mosaic (MOS) gained 1.72% today, and it closed at $69.15. Joe Terranova likes International Business Machines Corp. (NYSE: IBM), and he thinks that investors should watch closely this stock. International Business...
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How America's Unemployment Crisis Saved the Rich (Guest Post)
Thursday, May 26, 2011 - 10:15am | 2189By Mark Provost Christina Romer, former member of President Obama's Council of Economic Advisors, accuses the administration of “shamefully ignoring” the unemployed. Paul Krugman echoes her concerns, observing that Washington has lost interest in “the forgotten millions.” America's unemployed...
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Earnings Roundup For May 26
Thursday, May 26, 2011 - 8:40am | 1113H.J. Heinz Co (NYSE: HNZ) reported its fourth-quarter profit at $223.9 million, or $0.70 per share, up from $192.4 million, or $0.61 per share, in the year-earlier period. Its income from continuing operations climbed to $0.69 per share from $0.60 per share. Breaking out closing costs of $0.02 per...
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Earnings Scheduled For May 26
Thursday, May 26, 2011 - 12:45am | 491Big Lots Inc (NYSE: BIG) is projected to report its Q1 earnings at $0.69 per share on revenue of $1.23 billion. Fred's Inc (NASDAQ: FRED) is expected to post its Q1 EPS at $0.24 on revenue of $485.05 million. Tiffany & Co (NYSE: TIF) is projected to report its Q1 EPS at $0.57 on revenue of $...
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Guest post: Mark Provost Why the Rich Love High Unemployment
Wednesday, May 25, 2011 - 9:35am | 1945Guest post by Mark Provost Why the Rich Love High Unemploymentvia Truthout Christina Romer, former member of President Obama's Council of Economic Advisors, accuses the administration of "shamefully ignoring" the unemployed. Paul Krugman echoes her concerns, observing that Washington has lost...
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Mad Money Lightning Round: Cramer Likes Berkshire Hathaway
Wednesday, May 25, 2011 - 1:21am | 237On CNBC's Mad Money, Jim Cramer said during the Lightning Round that VirnetX (AMEX: VHC) has been a “great performing stock. It's too hot for me. I say cha-ching." For Agnico-Eagle Mines (NYSE: AEM), Jim said, "I like their CEO, but if you want to own a gold stock, you want Goldcorp (GG). I think...
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Five Stocks for Bob Dylan's 70th Birthday
Tuesday, May 24, 2011 - 5:07pm | 866So Bob Dylan turned 70 years old today. But he's still going strong, still staying in the limelight. As widely reported in the past few days, in a previously unreleased interview from 1966, he admitted kicking a heroin habit. This iconic musician also has an upcoming show in Israel with Rickie Lee...
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Resistance is Former Support Level 05-24-2011
Tuesday, May 24, 2011 - 2:51pm | 931Cusick's Corner Some readers have asked me what sparked my skepticism last week. Answer: Europe -- specifically the PIIGS. While Greece is that ugly sore that just won't go away, the revelations that Italy may be in trouble has rocked the market since Italy has had the best performing market in...
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Donaldson Company Increases Quarterly Dividend by 15% to $0.15
Tuesday, May 24, 2011 - 2:00pm | 56Donaldson Company, Inc. (NYSE: DCI), announced today that its Board of Directors has increased the quarterly common stock cash dividend by 15 percent, from 13 cents per share to 15 cents per share. Donaldson had previously increased its dividend in November, bringing the total increase so far in...
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JBT Corporation Announces $5.9M AGV System Contract From Ford
Tuesday, May 24, 2011 - 9:04am | 64JBT Corporation (NYSE: JBT) today announced it received a $5.9 million order from Ford Motor Company (NYSE: F) for automated material handling equipment. The equipment includes nearly 100 new and upgraded automatic guided vehicles to provide safe, efficient, and cost effective movement of...
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Piper Jaffray Reiterates Overweight and PT of $70 on Chart Industries
Tuesday, May 24, 2011 - 8:56am | 186Piper Jaffray reiterated its Overweight rating on Chart Industries (NASDAQ: GTLS). At the same time, Piper Jaffray left its price target unchanged at $70. In a research report published today, Piper Jaffray stressed good prospects following U.S. DOE's approval to use Sabine Pass as an export base...
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Credit Suisse Reinstates Coverage on CYH, THC, MOS and SAP
Tuesday, May 24, 2011 - 6:36am | 528In a research report published today, Credit Suisse reinstated coverage on a number of stocks. Community Health Systems (NYSE: CYH) was reinstated with an Outperform and a target price of $35. In the report, Credit Suisse states, "We are reinstating coverage on shares of Community Health Systems...