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Citi Lifts Target On Ingersoll-Rand (IR)
Monday, October 25, 2010 - 8:06am | 140Read More...Citi Investment Research bumped up its price target on Ingersoll-Rand plc (NYSE: IR) to $34 from $33 after the company slightly beat earnings. It has a Sell rating on shares. In a note to clients, Citi writes, "We consider Sell-rated IR's 3Q results to be mostly uneventful with a slight pickup in...
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Merger Arbitrage Mondays – October 25, 2010
Monday, October 25, 2010 - 4:33am | 4808Read More...Merger activity remained steady last week with six new deals announced and four closing. Deal Statistics: Total Number of Deals Closed in 2010 92 Total Number of Deals That Did Not Complete in 2010 6 Total Number of Pending Deals Cash Deals 55 Stock Deals 14 Stock & Cash Deals 13...
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Celgene Nets Abraxis Bio - Analyst Blog
Friday, October 22, 2010 - 6:33pm | 406Read More...The spate of acquisitions in the pharmaceutical industry continued with Celgene Corporation (CELG) completing the purchase of Abraxis BioScience Inc. for $2.9 billion in cash and stock. Celgene aims to bolster its cancer portfolio through this acquisition. The deal, which is expected to...
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Crowell Weedon Raises Price Target On Apple (AAPL)
Friday, October 22, 2010 - 3:57pm | 141Read More...Crowell Weedon is reiterating its Buy rating and raising its price target to $375 on Apple Inc. (NASDAQ: AAPL). In a note to clients, Crowell writes, "On the strength of new products (iPhone 4 and iPad) Apple's Q4 was a record quarter, highlighted by revenue of $20.3 billion (B) and EPS of $4.64,...
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Strong Third Quarter for Dover - Analyst Blog
Friday, October 22, 2010 - 1:00pm | 765Read More...Dover Corp. (DOV) reported third-quarter 2010 adjusted earnings per share (EPS) of 98 cents, beating the Zacks Consensus Estimate of 90 cents. Results recorded a 69% climb over the prior-year quarter's EPS of 58 cents driven by solid performance across all of its segments. EPS in the reported...
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Company News for October 22, 2010 - Corporate Summary
Friday, October 22, 2010 - 10:00am | 644Read More...• American Express (NYSE: AXP) posted after-the-close interims of $0.90 for the third quarter, a 5 cents, on a 16.9% revenue jump to $7 billion, above Zacks estimates of $6.8 billion • Baidu.com (NASDAQ: BIDU) reported third quarter earnings of $0.46, a 4-cent beat on revenues of $337.2 million...
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Ryder 3Q Earnings Beat Estimates
Friday, October 22, 2010 - 8:14am | 155Read More...Piper Jaffray has published a research report on Ryder System, Inc. (NYSE: R) following 3Q earnings that were reported above Piper and Consensus estimates. In the report, Piper Jaffray writes "R 3Q10 continuing EPS of $0.72 (41.7% y-o-y growth) was above our $0.67 estimate and Consensus of $0.66....
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Danaher's "High-Quality" 3Q Report
Friday, October 22, 2010 - 8:07am | 132Read More...JP Morgan has published a research report on Danaher Corporation (NYSE: DHR) after the company reported high-quality earnings in its 3Q, expecting growth to continue in the coming months. In the report, JP Morgan writes "DHR returned to form in 3Q, with a "no questions asked," high-quality beat,...
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BB&T Capital Markets Upgrades GGG To Buy
Friday, October 22, 2010 - 7:53am | 50Read More...Analysts at BB&T Capital Markets upgrade Graco Inc (NYSE: GGG) from "hold" to "buy." The target price for GGG is set to $43. GGG's shares gained 0.56% to close at $34.42 yesterday. More Analyst Ratings here
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Dover Q3 Results Top Consensus
Friday, October 22, 2010 - 7:33am | 56Read More...Dover Corp (NYSE: DOV) reports its Q3 adjusted EPS at $0.98, beating the consensus of $0.90. DOV reports its Q3 revenue at $1.9 billion, versus the estimates of $1.78 billion. DOV shares rose 0.38% to $55.00 in pre-market trading. Read more from Benzinga's Company news.
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Top 4 Stocks In The Metal Fabrication Industry With The Highest ROE (PCP, MATW, VMI, PKOH)
Friday, October 22, 2010 - 5:51am | 133Read More...Below are the top metal fabrication stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Precision Castparts Corporation (NYSE: PCP) is 16.16%. PCP's operating margin for the same period is 25.23%. The trailing-twelve-month return on equity...
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Earnings Scheduled For October 22 (HON, TROW, VZ, KEY, PAG, IR, SLB)
Friday, October 22, 2010 - 5:15am | 165Read More...Honeywell International (NYSE: HON) may post its Q3 earnings at $0.62 per share on revenue of $8.23 billion. T. Rowe Price Inc (NASDAQ: TROW) is projected to report its Q3 earnings at $0.60 per share. Verizon Communications (NYSE: VZ) is expected to post its Q3 EPS at $0.54 on $26.35 billion in...
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Middleby Goes Parabolic (MIDD, MCD, YUM)
Thursday, October 21, 2010 - 6:25pm | 208Read More...The Middleby Corporation (NASDAQ: MIDD) is a small-cap stock that makes commercial foodservice and food processing equipment. The company manufactures cooking equipment for restaurants and institutional kitchens. The company sells its products to commercial foodservice establishments like McDonald'...
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Gardner Denver Posts Solid Earnings (GDI)
Thursday, October 21, 2010 - 5:03pm | 225Read More...Gardner Denver Inc. (GDI) reports Q3 earnings of $0.88 versus consensus of $0.73. Gardner Denver Inc. reports revenues of $493.4 million versus consensus of $452.59 million. GDI is projecting the fourth quarter 2010 DEPS to be in a range of $0.94 to $0.99, with the full-year 2010 DEPS to be in a...
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Timken to Increase Prices on Special Bar Quality Products
Thursday, October 21, 2010 - 12:33pm | 46Read More...The Timken Company (NYSE: TKR) today announced it will increase base prices on all special bar quality (SBQ) products by $30 per ton. These price increases are effective with shipments beginning on Dec. 1, 2010, and apply only to non-contract pricing.


