-
IDEX Corporation - Growth & Income
Wednesday, December 15, 2010 - 1:00am | 451IDEX Corporation (IEX) recently delivered its sixth consecutive positive earnings surprise on strong sales growth and an expanding operating margin. The company continues to see strength across each business segment as the global economic recovery gains traction. Management also revised its...
-
Flowserve Completes $1B Credit Facility
Tuesday, December 14, 2010 - 5:30pm | 71Flowserve Corp. (NYSE: FLS) announced today that it has completed a new $1 billion, five-year credit facility, which includes a $500 million term loan and a $500 million revolver that the company can increase, subject to certain conditions, by up to $200 million. The new facility was led by Bank...
-
Graham Corporation Acquires Nuclear-Accredited Supplier Energy Steel & Supply (GHM)
Tuesday, December 14, 2010 - 5:17pm | 686Graham Corporation (AMEX: GHM) today announced that it has acquired privately-held Energy Steel & Supply Co. (“Energy Steel”), a leading code fabrication and specialty machining company dedicated exclusively to the nuclear power industry. Graham acquired all of the stock of Energy Steel for...
-
L.B. Foster Company and Portec Rail Products, Inc. Announce Agreement with DoJ
Tuesday, December 14, 2010 - 4:12pm | 109L.B. Foster Company (Nasdaq: FSTR) and Portec Rail Products, Inc. (Nasdaq: PRPX) today announced that the Department of Justice has issued their final approval of and entered into an agreement with L.B. Foster and Portec relating to L.B. Foster's acquisition of Portec and the sale of certain...
-
FSTR PRPX Merger May Be Blocked (FSTR, PRPX)
Tuesday, December 14, 2010 - 3:34pm | 83Hearing chatter currently that the merger negotiations between Portec Rail Products (NASDAQ: PRPX) and L.B. Foster Company (NASDAQ: FSTR) may be blocked. Specifically, hearing that L.B. Foster Company must divest to proceed with the merger. Justice Department confirms that it requires divestiture...
-
ITT to Produce Submarine-Based Surveillance Systems for Norway
Tuesday, December 14, 2010 - 2:14pm | 64ITT Corporation (NYSE: ITT) has won a contract from the Norwegian Defense Logistics Organization to provide six tactical radar Electronic Support Measures and surveillance systems for its Ula Class submarines. Work will be performed by ITT's Radar, Reconnaissance and Acoustic Systems business area...
-
Benzinga's Volume Movers (GXDX, AMGN, LIWA, BOOM)
Tuesday, December 14, 2010 - 1:14pm | 169Genoptix Inc (NASDAQ: GXDX) shares moved up 15.96% to $20.85 at 12.11 pm. The volume of GXDX shares traded was 1497% higher than normal. According to sources, GXDX hired Barclays to help find potential buyers for itself. Amgen Inc (NASDAQ: AMGN) shares rose 3.29% to $55.89. The volume of AMGN...
-
12-14-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Tuesday, December 14, 2010 - 12:38pm | 3898Associated Press Stocks move higher on stronger retail sales report Stocks rise on stronger retail sales numbers and expectations of Senate vote on tax cuts NEW YORK (AP) — An upbeat report on retail sales is giving stocks a boost. All three major indexes moved higher Tuesday after the Commerce...
-
J.P. Morgan Reiterates Neutral Rating on Pall Corporation (PLL)
Tuesday, December 14, 2010 - 10:39am | 154J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on Pall Corporation (NYSE: PLL); it has a $46.00 price target on the stock, up from $40.00. The JPM analysts said that they are raising estimates on the name as the company's results generally reflected...
-
Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, December 14, 2010 - 9:33am | 343Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Blount Intl Inc (BLT) Buckeye Tech Inc (BKI) eBay Inc (EBAY) Encore Cap Group Inc (ECPG) Empresa Nacional de Electricidad (EOC) View the entire Zacks #1 Rank List. BUCKEYE TECH (BKI): Free Stock Analysis Report BLOUNT INTL (...
-
Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, December 14, 2010 - 9:14am | 343Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Blount Intl Inc (BLT) Buckeye Tech Inc (BKI) eBay Inc (EBAY) Encore Cap Group Inc (ECPG) Empresa Nacional de Electricidad (EOC) View the entire Zacks #1 Rank List. BUCKEYE TECH (BKI): Free Stock Analysis Report BLOUNT INTL (...
-
JP Morgan Raises PT On Pall Corp.
Tuesday, December 14, 2010 - 9:10am | 22JP Morgan has raised the price target on Pall Corporation (NYSE: PLL) from $40 to $46.
-
China Fire & Security (CFSG) - Bear of the Day
Tuesday, December 14, 2010 - 3:00am | 162China Fire & Security (CFSG) has been recognized as the largest player in the design and installation of fire safety systems in China. Its leading position in the industry has enabled the company to win 60-70% of bids in the iron and steel industry. However, its dependence on the iron and...
-
China Fire & Security (CFSG) - Bear of the Day
Tuesday, December 14, 2010 - 1:00am | 162China Fire & Security (CFSG) has been recognized as the largest player in the design and installation of fire safety systems in China. Its leading position in the industry has enabled the company to win 60-70% of bids in the iron and steel industry. However, its dependence on the iron and...
-
12-13-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Monday, December 13, 2010 - 12:43pm | 4192David K. Randall, AP Business Writer Stocks rise, bonds fall ahead of Senate tax vote Stocks open higher as Senate prepares for vote to extend tax cuts; bonds fall early NEW YORK (AP) — Expectations that the Senate will vote to extend tax cuts helped fuel early gains in the stock market Monday....