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Dover Buys Sound Solution Biz. - Analyst Blog
Thursday, December 23, 2010 - 2:00pm | 727Dover Corp. (DOV) has signed a definitive agreement to acquire Vienna, Austria-based Sound Solutions business line of NXP Semiconductors NV (NXPI) for $855 million. The acquisition is expected to close around the end of the first quarter of 2011 and will be slightly accretive to Dover's earnings...
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12-23-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, December 23, 2010 - 12:20pm | 4201David K. Randall, AP Business Writer Stocks flat after mixed economic reports Stocks open flat after consumer spending report disappoints, unemployment claims steady NEW YORK (AP) — A batch of mixed economic reports led to a flat opening for Wall Street Thursday. The Commerce Department said that...
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L.B. Foster and Portec Announce Completion of Asset Sale to Koppers for $22M
Thursday, December 23, 2010 - 12:00pm | 85L.B. Foster Company (Nasdaq: FSTR) and Portec Rail Products, Inc. (Nasdaq: PRPX) today announced the closing of an Asset Purchase Agreement with Koppers, Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP). Koppers will purchase the assets of Portec's rail joint business...
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, December 23, 2010 - 9:33am | 305Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Alps Electric Co (APELY) Banco de Chile (BCH) Billiton plc (BBL) Black Box Corp (BBOX) Blount Intl Inc (BLT) View the entire Zacks #1 Rank List. BILLITON ADR (BBL): Free Stock Analysis Report BLACK BOX CORP (BBOX): Free...
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Rent-A-Center To Acquire The Rental Store, Inc. For $75.5M
Thursday, December 23, 2010 - 9:20am | 187Sterne Agee has published a research report on Rent-A-Center (NASDAQ: RCII) after the company announced its acquisition of The Rental Store, Inc. In the report, Sterne Agee writes "RCII announced the acquisition of privately held The Rental Store, Inc. (TRS) for $75.5M in cash. TRS currently...
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, December 23, 2010 - 9:14am | 305Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Alps Electric Co (APELY) Banco de Chile (BCH) Billiton plc (BBL) Black Box Corp (BBOX) Blount Intl Inc (BLT) View the entire Zacks #1 Rank List. BILLITON ADR (BBL): Free Stock Analysis Report BLACK BOX CORP (BBOX): Free...
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12-22-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, December 22, 2010 - 7:22pm | 4137David K. Randall and Matthew Craft, AP Business Writers Stocks edge up after GDP growth revised higher Stocks close higher after 3rd quarter economic growth is revised up NEW YORK (AP) — Major stock indexes edged up to two-year highs on Wednesday after a report showed that the U.S. economy grew...
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NXP Semiconductors Ends Day Up 5.2% (NXPI)
Wednesday, December 22, 2010 - 5:41pm | 150Shares of NXP Semiconductors N.V. (Nasdaq: NXPI) ended Wednesday trading up 5.2% at $20.25 per share. It was announced early on Wednesday morning that Dover Corporation (NYSE: DOV) had signed a definitive agreement to acquire the Sound Solutions business unit from NXP Semiconductors N.V. for $855...
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BOOM Exploding A Little Here (BOOM)
Wednesday, December 22, 2010 - 2:54pm | 95Dynamic Materials Corporation (NASDAQ: BOOM) is dropping sharply on higher than normal volume. At last check, shares of BOOM were off 66 cents to $22.99, a drop of nearly 3%. This is interesting, as it comes on much higher than normal volume. The average daily volume in the name is around 130,000...
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Market Roundup
Wednesday, December 22, 2010 - 1:31pm | 335Shares of NXP Semiconductors NV (NASDAQ: NXPI) surged about 7% after Dover Corp (NYSE: DOV) agreed to purchase the Sound Solutions business line of NXPI for $855 million. The companies are expecting the deal to close in the first quarter of 2011. Shares of Navistar International Corp (NYSE: NAV)...
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Benzinga's Volume Movers (WTNY, PRGS, NXPI, ARMH)
Wednesday, December 22, 2010 - 11:56am | 217Whitney Holding Corporation (NASDAQ: WTNY) shares moved up 29.44% to $14.07 at 10:40 am. The volume of WTNY shares traded was 1174% higher than normal. Hancock Holding Co (NASDAQ: HBHC) agreed to purchase WTNY for $1.5 billion, or $15.48 per share, representing a 42% premium over WTNY's closing...
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NASDAQ Stocks Hitting 52-Week Highs (TESO, ARMH, LECO, PRGS)
Wednesday, December 22, 2010 - 11:33am | 172Tesco Corporation (NASDAQ: TESO) shares reached $16.22 to create a new 52-week high, before falling to $16.16, representing a 0.94% gain. TESO had $42.02 million in total cash and no debt for the recent quarter. ARM Holdings plc (NASDAQ: ARMH) shares rose 5.16% to touch a new 52-week high of $20.80...
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Dover Acquires the Sound Solutions Business Line of NXP
Wednesday, December 22, 2010 - 10:02am | 78Dover Corporation (NYSE: DOV) announced today it has signed a definitive agreement to acquire the Sound Solutions business line of NXP Semiconductors N.V. (Nasdaq: NXPI). The purchase price is $855 million, subject to normal closing adjustments. Dover expects the transaction to be slightly...
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Top 4 Stocks In The Pollution & Treatment Controls Industry With The Highest Profit Margin (DGW, DCI, CCC, FTEK)
Wednesday, December 22, 2010 - 4:42am | 129Below are the top pollution & treatment control stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Duoyuan Global Water Inc (NYSE: DGW) is 23.46%. DGW's PEG ratio is 0.51. The trailing-twelve-month profit margin at Donaldson Company Inc (NYSE...
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Nordson Cost Reductions Leading to Higher Q1 Results (NDSN)
Tuesday, December 21, 2010 - 3:22pm | 68Cost reductions Nordson Cor. (NASDAQ: NDSN) achieved in the last couple of years combined with growing capital spending by companies in many world markets will produce sharply higher Q1 sales and earnings for the specialized capital goods producer, said Michael F. Hilton, President and Chief...