-
Harsco Begins Industrial Grating Production in Brazil Under New JV
Monday, April 4, 2011 - 3:30pm | 51Worldwide industrial services and engineered products company Harsco Corporation (NYSE: HSC) announced today its formation of a new joint venture enterprise in Brazil to produce and market industrial grating products throughout the growing infrastructure and commercial development sectors of Brazil...
-
Water Stocks; Pentair (NYSE:PNR) to Acquire Norit's Clean Process Technologies, Accelerating Growth in Filtration Systems and Solutions
Monday, April 4, 2011 - 9:00am | 47MINNEAPOLIS - April 4, 2011 (Investorideas.com Water Stocks Newswire) - Pentair, Inc. (NYSE:PNR) announced today that it has entered into a definitive agreement to acquire the Clean Process Technologies (CPT) division, a global leader in innovative membrane technology and ultrafiltration, from...
-
Water Stocks; Pentair (NYSE:PNR) to Acquire Norit's Clean Process Technologies, Accelerating Growth in Filtration Systems and Solutions
Monday, April 4, 2011 - 9:00am | 47MINNEAPOLIS - April 4, 2011 (Investorideas.com Water Stocks Newswire) - Pentair, Inc. (NYSE:PNR) announced today that it has entered into a definitive agreement to acquire the Clean Process Technologies (CPT) division, a global leader in innovative membrane technology and ultrafiltration, from...
-
Sanofi Gets Control On Genzyme, CVR's Starting To Trade (SNY, GENZ)
Monday, April 4, 2011 - 8:16am | 275Sanofi-Aventis (NYSE: SNY) said it now has Genzyme (NASDAQ: GENZ) under its control, and the contingent value rights (CVR) are going to start trading today under the "GENZ" ticker. Genzyme and Sanofi-Aventis have been the subject of much press over the recent months as Sanofi-Aventis had bid for...
-
UBS Downs CFX To Neutral
Monday, April 4, 2011 - 6:31am | 50Analysts at UBS downgrade Colfax Corporation (NYSE: CFX) from “buy” to “neutral.” The target price for CFX has been raised from $22 to $25. CFX shares gained 2.22% to close at $23.46 on Friday. More Analyst Ratings here
-
Merger Arbitrage Mondays – April 04, 2011
Monday, April 4, 2011 - 3:38am | 4862Merger activity increased last week with six new deals announced and four deals closing. I received an email over the weekend from someone who was new to the Merger Arbitrage strategy and wanted to learn more about it. I pointed him to my article on the Pfizer – Wyeth deal, which provides an...
-
Stock Trade Ideas for the Week of April 4
Friday, April 1, 2011 - 5:46pm | 1618( click to enlarge ) Starting with Avalon Rare Metals (AMEX:AVL), on the daily charts, the present uptrend is getting confirmed as the days go on. Right now, I'm in a Long trade that I entered around $7.12. AVL has made an awesome move today breaking out of a consolidation area and resistance...
-
Watts Water Technologies Announces Agreement to Acquire Danfoss Socla
Friday, April 1, 2011 - 4:15pm | 103Watts Water Technologies, Inc. (NYSE: WTS) announced today the signing of a definitive agreement to acquire Danfoss Socla S.A.S, and the related water controls business of certain other entities controlled by Danfoss A/S, in a share and asset purchase transaction. The purchase agreement also...
-
3D Systems Up 12% (TDSC)
Friday, April 1, 2011 - 2:31pm | 713D Systems Corp. (NASDAQ: TDSC) shares are soaring today after the company did an equity offering, and the underwriters announced they would be exercising their entire over-allotment of shares. There are an additional 306,000 shares to be purchased, when the offering closes on April 5. Barclays...
-
Calls Purchased on ITT Corporation (ITT)
Friday, April 1, 2011 - 12:47pm | 126Shares of ITT Corporation (NYSE: ITT) are higher on the session by 0.65%, currently trading at $60.44. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
-
Robbins & Myers Announces New Credit Facility
Friday, April 1, 2011 - 8:44am | 100Robbins & Myers, Inc. (NYSE: RBN) today reported that it entered into a new five-year senior unsecured credit facility, replacing its previous credit facility that was scheduled to expire in December 2011. The new credit facility provides for $150 million of revolving borrowing capacity and...
-
Benzinga's Top Upgrades (AGN, HBAN, CMCO, ALEX)
Friday, April 1, 2011 - 8:17am | 137Allergan Inc (NYSE: AGN) was upgraded by Leerink from "market perform" to "outperform." AGN's shares closed at $71.02 yesterday. Allergan's trailing-twelve-month operating margin is 25.41%. Jefferies upgraded Huntington Bancshares Incorporated (NASDAQ: HBAN) from “hold” to “buy.” HBAN's shares...
-
Top 4 Stocks In The Basic Materials Wholesale Industry With The Highest Cash (FSTR, ANW, CAS, AE)
Friday, April 1, 2011 - 3:10am | 140Below are the top basic materials wholesale stocks on the NYSE, the NASDAQ and the AMEX in terms of cash. LB Foster Company (NASDAQ: FSTR) had $144.18 million in total cash and $16.40 million in total debt for the latest quarter. Aegean Marine Petroleum Network Inc (NYSE: ANW) had $86.50 million...
-
Best Quarter since the 90's
Thursday, March 31, 2011 - 6:04pm | 878Cusick's Corner Best Quarter since the 90's, but the After Hours was still quite. While volume has been light, the small caps were active, a positive for potential upside momentum, and was the Cherry on top of today's ice cream after we did see a decent end in today volume for the first time all...
-
Wuhan General Announces Delay of Form 10-K Filing
Thursday, March 31, 2011 - 4:32pm | 99Wuhan General Group (China), Inc. (Nasdaq: WUHN) today announced that it will file Form 12b-25 with the Securities and Exchange Commission on April 1, 2011 to extend the filing of the Company's Form 10-K for the year ended December 31, 2010 for up to an additional fifteen calendar days. The...