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Options Brief: Valmont Industries (VMI)
Monday, December 20, 2010 - 11:10am | 77Shares of Valmont Industries (NYSE: VMI) are higher on the session by 0.33%, trading at $85.80. Overall put volume is now running at 9.84x the daily average, with 45% of all puts traded being purchases on the offer. 1,053 contracts have traded on the session so far. Valmont Industries, Inc. is a...
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Company News for December 20, 2010 - Corporate Summary
Monday, December 20, 2010 - 11:09am | 686• AT&T (NYSE:T) plans a $1.925 billion purchase of Qualcomm's (NASDAQ:QCOM) wireless spectrum • Sasol (NYSE:SSL) offered $1.04 billion for 50% stake in Talisman Energy's (NYSE:TLM) share gas assets • Raytheon (NYSE:RTN) has offered shareholders $38 per share for Applied Signal Technology (...
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Company News for December 20, 2010 - Corporate Summary
Monday, December 20, 2010 - 10:29am | 686• AT&T (NYSE:T) plans a $1.925 billion purchase of Qualcomm's (NASDAQ:QCOM) wireless spectrum • Sasol (NYSE:SSL) offered $1.04 billion for 50% stake in Talisman Energy's (NYSE:TLM) share gas assets • Raytheon (NYSE:RTN) has offered shareholders $38 per share for Applied Signal Technology (...
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Brean Murray Downgrades Met-Pro Corp. to Hold
Monday, December 20, 2010 - 10:26am | 19Brean Murray downgrades Met-Pro Corp. (NYSE: MPR) from Buy to Hold.
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Brean Murray Downgrades MPR From Buy To Hold
Monday, December 20, 2010 - 9:50am | 132Brean Murray, Carret & Co. has downgraded shares of Met-Pro Corporation (NYSE: MPR) to from Buy to Hold. “The shares of MPR have reached our target price, and we are downgrading our rating to hold from Buy based on valuation,” Brean Murray writes. “With the shares trading at 30x trailing P/E...
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Colfax Delivers Euro 1.7 M Pump Order to Chinese Plant
Monday, December 20, 2010 - 9:38am | 46Colfax Corporation (NYSE: CFX) announced its Allweiler business delivered 168 centrifugal pumps valued at euro 1.7 million to a polyester plant undergoing an expansion in Wujiang, China. The pumps will be used for moving liquid polyester, glycol and thermal oil.
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Sterne Agee Raises SPX Target From $76 To $79
Monday, December 20, 2010 - 9:36am | 186Sterne Agee has raised its price target on shares of SPX Corp. (NYSE: SPW) to $79 (up from $76). “It is based on our 2011E EPS of $4.70 (N/C) and assumes that SPW trades at a 30% P/E premium to FactSet's S&P 500 2011E P/E of 13.0X (up from 12.5X previously) based on their forecast of S&P...
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ITT Wins Contract - Analyst Blog
Monday, December 20, 2010 - 9:33am | 558ITT Corporation(ITT) has won a contract for development of next generation counter-IED system. ITT is the only recipient of the order which is valued at $29 million. The contract was awarded by The U.S. Naval Sea Systems Command. The U.S. Naval Sea Systems Command has contracted for an...
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ITT Wins Contract - Analyst Blog
Monday, December 20, 2010 - 9:15am | 558ITT Corporation(ITT) has won a contract for development of next generation counter-IED system. ITT is the only recipient of the order which is valued at $29 million. The contract was awarded by The U.S. Naval Sea Systems Command. The U.S. Naval Sea Systems Command has contracted for an...
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Brean Murray Downgrades MPR To Hold
Monday, December 20, 2010 - 8:07am | 41Analysts at Brean Murray downgrade Met-Pro Corporation (NYSE: MPR) from “buy” to “hold.” MPR shares gained 4.25% to close at $12.50 on Friday. More Analyst Ratings here
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KICKING THE CAN
Sunday, December 19, 2010 - 3:03am | 4992By John Mauldin How often did we as young kids go down the street kicking a can? “Kicking the can down the road” is a universally understood metaphor that has come to mean not dealing with the problem but putting a band-aid on it, knowing we will have to deal with something maybe even worse in...
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BOOM Parabolic (BOOM)
Friday, December 17, 2010 - 3:23pm | 30Breaking 52-week highs in intraday trading, Dynamic Materials Corporation (NASDAQ: BOOM) has gone parabolic. BOOM is currently up 11% in intraday trading alone.
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Eaton to Buy Tuthill Unit - Analyst Blog
Friday, December 17, 2010 - 1:33pm | 548Electric equipment maker Eaton Corporation (ETN) said it will acquire Tuthill Coupling Group with a view to strengthen its fluid conveyance business. Eaton expects the Tuthill acquisition to provide its customers with a more complete fluid conveyance coupling product portfolio. The company...
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Eaton to Buy Tuthill Unit - Analyst Blog
Friday, December 17, 2010 - 1:15pm | 548Electric equipment maker Eaton Corporation (ETN) said it will acquire Tuthill Coupling Group with a view to strengthen its fluid conveyance business. Eaton expects the Tuthill acquisition to provide its customers with a more complete fluid conveyance coupling product portfolio. The company...
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12-17-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, December 17, 2010 - 12:31pm | 4390David K. Randall, AP Business Writer Stocks drift down a day after hitting 2-year highs Stocks slip after hitting two-year highs; House passes $850 billion tax package NEW YORK (AP) — Stock trading opened quietly Friday, a day after major indexes hit two-year highs. In a sign the economy is...