-
Fast Money Picks For January 13th (TAN, ITW, PVH)
Wednesday, January 12, 2011 - 7:58pm | 183On CNBC's Fast Money, Brian Kelly said that he wants to buy Claymore/MAC Global Solar Index (ETF) (NYSE: TAN) tomorrow. Claymore/MAC Global Solar Index (ETF) (TAN) jumped 2.19% today, and it closed at $7.93. Guy Adami thinks that Illinois Tool Works Inc. (NYSE: ITW) is a buy. Illinois Tool Works...
-
EnPro Industries Announces CFO Transition
Wednesday, January 12, 2011 - 5:31pm | 78EnPro Industries (NYSE: NPO) today announced that William Dries, senior vice president and chief financial officer, will retire from the company upon reaching age 60 on September 11, 2011. Alexander W. Pease, currently a partner with McKinsey & Co., has been named as his successor. Pease will...
-
Ingersoll Rand Names New CIO
Wednesday, January 12, 2011 - 4:38pm | 51Ingersoll-Rand plc (NYSE: IR) is pleased to announce the appointment of Archana Deskus as vice president and chief information officer, effective January 17. Deskus joins Ingersoll Rand from Timex Group where she served as senior vice president and CIO for the past four years.
-
ITT Up 13.9% On News Of Company Split (ITT)
Wednesday, January 12, 2011 - 2:14pm | 239Shares of ITT Corporation (NYSE: ITT) are trading up 13.9% at $60.10 per share during the Wednesday afternoon trading session. The company announced on Wednesday before the market opened that it plans to split into three separate, publicly traded companies. Chairman, president and chief executive...
-
Morning Market Movers (SDIX, ZLC, GFN, ITT)
Wednesday, January 12, 2011 - 11:20am | 158Strategic Diagnostics Inc (NASDAQ: SDIX) jumped 46.77% to $2.73 at 10:15 am. SDIX's RapidChek SELECT Salmonella Enteritidis (SE) test system has been considered by US Food and Drug Administration (FDA) as equivalent to its standard test. Zale Corporation (NYSE: ZLC) shares surged 34.24% to $5.41....
-
Short Interest Slides on Healthcare Names (DNEX, BEC, PLL)
Wednesday, January 12, 2011 - 10:38am | 224Jefferies & Company is out with a research report this morning, where it notes that median short interest for Diagnostic and Research Supplies stocks fell 1% and 7%, respectively, in the second half of December. This compares to a 5% absolute decline for both the NYSE and NASDAQ. Short interest...
-
Company News for January 12, 2011 - Corporate Summary
Wednesday, January 12, 2011 - 10:31am | 778• JP Morgan (NYSE:JPM) has downgraded Goldman Sachs (NYSE:GS) from "overweight" to "neutral" rating because of valuation concerns, setting a target price of $175 • AIG (NYSE:AIG) has planned to sell off its Taiwan life insurance unit for $2.16 billion • Cliffs Natural Resources (NYSE:CLF) has...
-
Company News for January 12, 2011 - Corporate Summary
Wednesday, January 12, 2011 - 10:09am | 778• JP Morgan (NYSE:JPM) has downgraded Goldman Sachs (NYSE:GS) from "overweight" to "neutral" rating because of valuation concerns, setting a target price of $175 • AIG (NYSE:AIG) has planned to sell off its Taiwan life insurance unit for $2.16 billion • Cliffs Natural Resources (NYSE:CLF) has...
-
ITT To Spin Off Divisions- Again
Wednesday, January 12, 2011 - 9:56am | 131While some companies are new to spinning off divisions, others are known for their serial spinoffs. Few however, can match the fecundity of ITT(ITT)(nee International Telephone & Telegraph). ITT was born out of the Puerto Rico Telephone Company in 1920. Over the next half century, ITT was the...
-
ITT Corporation Announces Plan To Divide Into Three Independent Publicly Traded Companies
Wednesday, January 12, 2011 - 7:54am | 319ITT Corporation (NYSE: ITT) today announced that its board of directors has unanimously approved a plan to separate the company's businesses into three distinct, publicly traded companies. Under the plan, ITT would execute tax-free spinoffs to shareholders of its water-related businesses and its...
-
Stocks To Watch For January 12 (CLC, ZLC, DRWI, LULU, CLF)
Wednesday, January 12, 2011 - 7:31am | 223Some of the stocks that may grab investor focus today are: Wall Street expects CLARCOR Inc (NYSE: CLC) to report its Q4 EPS at $0.56 on revenue of $269.04 million. CLC shares gained 0.99% to close at $43.81 yesterday. Zale Corp (NYSE: ZLC) reported 8.5% surge in its comparable-store sales during...
-
Top 4 Stocks In The Auto Manufacturers-Major Industry With The Highest ROE (HMC, TM, GM, CVR)
Wednesday, January 12, 2011 - 7:11am | 137Below are the top auto manufacturers-major stocks on the NYSE, the NASDAQ and the AMEX in terms of return on equity. The trailing-twelve-month return on equity at Honda Motor Company Ltd (NYSE: HMC) is 14.63%. HMC's PEG ratio is 0.33. The trailing-twelve-month return on equity at Toyota Motor...
-
Broker Triple Play - Screen of the Week
Tuesday, January 11, 2011 - 2:31pm | 229Kevin Matras looks at the top broker rated Sectors and their favorite picks within them. Highlighted stocks include BEAV, DHR, KNL, SSCC and SON. BE AEROSPACE (BEAV): Free Stock Analysis Report DANAHER CORP (DHR): Free Stock Analysis Report KNOLL INC (KNL): Free Stock Analysis Report SONOCO...
-
1-11-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Tuesday, January 11, 2011 - 1:06pm | 4324David K. Randall, AP Business Writer Stronger earnings reports push stocks higher Stocks rise as Alcoa, Sears and Tiffany predict better results; Europe jumps NEW YORK (AP) — New signs of surging corporate profits led to early gains in the stock market Tuesday. Alcoa Inc. kicked off the fourth...
-
Deutsche Bank Raises PT On Danaher
Tuesday, January 11, 2011 - 8:48am | 26Deutsche Bank has raised the price target on Danaher Corporation (NYSE: DHR) to $54 and maintains its Buy rating.