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PG&E Corporation Revises Rates - Analyst Blog
Tuesday, January 4, 2011 - 12:15pm | 460Pacific Gas and Electric Company, a unit of PG&E Corporation (PCG), lowered its average system-wide bundled electric rate by 0.8% from January 2011. The decline in rates was due to lower energy purchase prices, which offset the higher operating costs of the company. The rate decline will...
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Puts Purchased on Eaton Corporation (ETN)
Tuesday, January 4, 2011 - 11:22am | 164Shares of Eaton Corporation (NYSE: ETN) are lower on the session by 0.47%, currently trading at $103.17. 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 puts on the name today. A...
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Chart Industries Up 8.9% After Hitting 52-Week High (GTLS)
Monday, January 3, 2011 - 4:17pm | 162Shares of Chart Industries, Inc. (Nasdaq: GTLS) are currently up 8.9% at $36.80 per share during Monday afternoon trading. The stock was included in a Friday article at seekingalpha.com about stocks that could double in 2011. Today's trading range for shares of Chart Industries, Inc has been...
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1-3-11 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Monday, January 3, 2011 - 1:02pm | 3932David K. Randall, AP Business Writer Stocks start 2011 with a lift Stock indexes rise to start 2011 after strong manufacturing reports in US, Europe NEW YORK (AP) — Stocks started 2011 with a lift Monday thanks to better news on the economy. Manufacturing activity and construction spending both...
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Market Update (CLX, DOV, AA)
Monday, January 3, 2011 - 12:04pm | 218Shares of The Clorox Co (NYSE: CLX) dropped about 3% after the company projected its Q2 adjusted earnings in a range of $0.57 to $0.63 per share, after excluding the goodwill impairment charge. However, analysts were expecting earnings of $0.74 per share. Clorox projects its Q2 sales to drop 3% to...
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Merger Arbitrage Mondays – January 3, 2011
Monday, January 3, 2011 - 6:50am | 4842Merger activity decreased last week with two new deals announced and four deals closing. You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2010 144 Total Number of Deals...
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Something Else to Watch in 2011: ND Oil Boom; Running Out of Superlatives As Estimates Double
Sunday, January 2, 2011 - 6:28pm | 453BISMARCK, N.D. (AP) -- "Government and industry officials believe North Dakota's oil patch contains more than twice the amount of oil previously estimated and that the state's already record crude production will double within the decade. If the forecast is correct, North Dakota could leapfrog...
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Being Nimble & Disciplined Will Be Key in 2011 12-31-2010
Friday, December 31, 2010 - 6:32pm | 739Cusick's Corner The market did as expected into the After Hours -- nothing. As we look towards 2011, this new year might shape up to be a trading year. Being nimble and disciplined are going to be the keys to trading in 2011 (the market will probably be one in which you will have to reassess your...
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Final Trading Hours of 2010 12-31-2010
Friday, December 31, 2010 - 3:20pm | 751Cusick's Corner The key today is do no damage. It's been an incredible month and the market is very quiet, so try not to over analyze the data and headlines today. Also don't interpret any market pullbacks (most likely due to some tax selling) as the beginning of the end or the time to really...
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Friday's Put/Call Ratio Leaders (FITB, ETN, UTX, JDSU, COH)
Friday, December 31, 2010 - 1:07pm | 92Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Fifth Third Bancorp (NASDAQ: FITB) 12,713 puts, 292 calls 2. Eaton Corp (NYSE: ETN) 3,009 puts, 108 calls 3. United Technologies (NYSE: UTX) 2,873 puts, 393 calls 4. JDS Uniphase Corp...
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Top 4 Large-Cap Stocks In Industrial Electrical Equipment Industry With The Highest Cash (ABB, NJ, ETN, ROK)
Friday, December 31, 2010 - 3:21am | 147Below are the top large-cap industrial electrical equipment stocks on the NYSE and the NASDAQ in terms of cash. ABB Ltd (NYSE: ABB) had $7.62 billion in total cash and $2.33 billion in total debt for the latest quarter. Nidec Corporation (NYSE: NJ) had $1.05 billion in total cash for the latest...
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12-30-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, December 30, 2010 - 1:12pm | 4147Pallavi Gogoi, AP Business Writer Stocks down as investors worry over mortgage rates Stocks edge lower as investors worry over mortgage rates, brush aside positive jobs data NEW YORK (AP) — U.S. stocks edged lower Thursday morning, brushing aside some positive economic news. Reports on Midwest...
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Triumph Continues Triumphant - Analyst Blog
Wednesday, December 29, 2010 - 6:00pm | 497The Circuit Court of the First Judicial District of Hinds County, Mississippi dismissed a suit filed by Eaton Corporation (ETN) against Triumph Group Inc. (TGI). Moreover, in the last few months, the company has been benefiting from the Vought acquisition. The Vought acquisition has been...
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Triumph Continues Triumphant - Analyst Blog
Wednesday, December 29, 2010 - 5:38pm | 497The Circuit Court of the First Judicial District of Hinds County, Mississippi dismissed a suit filed by Eaton Corporation (ETN) against Triumph Group Inc. (TGI). Moreover, in the last few months, the company has been benefiting from the Vought acquisition. The Vought acquisition has been...
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L.B. Foster Completes Merger of Foster Thomas Company
Wednesday, December 29, 2010 - 4:50pm | 47L.B. Foster Company (Nasdaq: FSTR) today announced that the merger of Foster Thomas Company with and into Portec Rail Products, Inc. has been effected as of December 27, 2010. Portec is now a wholly owned subsidiary of L.B. Foster.