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Top Performing Industries For January 3 (NCFT, MIPS, SBUX, ABD)
Monday, January 3, 2011 - 10:34am | 184At 10:30 am, the Dow gained 0.94% to 11,686.38, the broader Standard & Poor's 500 index moved up 1.18% to 1,272.53 and the NASDAQ composite index rose 1.69% to 2,697.78. The industries that are driving the market today are: Regional - Mid-Atlantic Banks: This industry jumped 4.11% by 10:30 am....
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3M Loses Lawsuit; Jefferies Expects Negligible Impact
Thursday, December 23, 2010 - 9:07am | 80Jefferies reports that the US District Court denied 3M's request for a preliminary injunction in a patent infringement lawsuit against Avery Dennison Corporation (NYSE: AVY), ruling that 3M Company (NYSE: MMM) failed to demonstrate irreparable harm. “We view this ruling as a headline risk but...
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Judge Rules in Favor of Avery Dennison
Wednesday, December 22, 2010 - 1:40pm | 57Avery Dennison Corporation (NYSE: AVY) announced today that Chief Judge Michael J. Davis of the United States District Court in Minnesota has denied 3M's request for a preliminary injunction in Case 0:10-cv-02630-MJD-FLN that attempted to block Avery Dennison's OmniCube product from competing in...
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Oppenheimer On November's ABI
Wednesday, December 22, 2010 - 8:26am | 215Oppenheimer has published a research report on November's Architecture Billings Index after witnessing a strong rebound after September and October low points. In the report, Oppenheimer writes "The November 2010 Architecture Inquiries Index (AII) remained quite elevated at 61.4, following 61.7 in...
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Interface Inc. Vice President Sells 30,000 Shares of IFSIA
Tuesday, December 21, 2010 - 4:22pm | 51In a Form 4 filed earlier today, Interface Inc. (NASDAQ: IFSIA) Vice President, Ken Parnell, reported that he sold 30,000 shares of IFSIA on December 20th for an average price of $16.78. The transaction totaled $503,361. Mr. Parnell owns 26,670 direct shares of IFSIA. Source: The Washington Service
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Top 4 Small-Cap Stocks In the Textile Industrial Industry With The Highest Revenue (IFSIA, AIN, UFI, CFI)
Tuesday, December 21, 2010 - 3:22am | 123Below are the top small-cap textile industrial stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Interface Inc (NASDAQ: IFSIA) is $927.42 million. IFSIA's ROE for the same period is 11.16%. The trailing-twelve-month revenue at Albany International...
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P. Cody Phipps to Become CEO of United Stationers
Monday, December 20, 2010 - 9:03am | 62United Stationers Inc. (NASDAQ: USTR) today announced that P. Cody Phipps, president and chief operating officer, will become president and chief executive officer when Richard W. Gochnauer, the company's current chief executive officer, retires at the annual shareholders' meeting in May 2011. Mr...
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United Stationers Elects Aiken to Its Board
Friday, December 17, 2010 - 3:05pm | 47United Stationers Inc. (Nasdaq: USTR) announced on December 15, 2010 that Robert B. Aiken, Jr. has joined its board of directors. His election to the board brings the total number of members to ten, with nine of those being independent directors.
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Steelcase Beats Estimates (SCS)
Thursday, December 16, 2010 - 4:33pm | 208Steelcase Inc. (NYSE: SCS) reports Q2 earnings of $0.14 versus estimate of $0.14 estimate. Steelcase Inc. reports Q2 revenue of $672.6 million versus estimate of $644.27 million. "Our strong recovery continues to be fueled by the improving stability of the economies around the world coupled with...
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Herman Miller Beats Estimates, Hits 52-Week High (MLHR)
Thursday, December 16, 2010 - 3:23pm | 206Shares of Herman Miller, Inc. (Nasdaq: MLHR) are currently up 8% at $24.99 per share during Thursday afternoon trading. Herman Miller, Inc reported adjusted earnings of 29 cents per share on Thursday morning, which beat the consensus analyst estimate of 28 cents per share. Chief executive officer...
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Benzinga's Volume Movers (CFFN, MLHR, MOTR, NDAQ)
Thursday, December 16, 2010 - 1:06pm | 172Capitol Federal Financial (NASDAQ: CFFN) shares moved up 3.72% to $25.11 at 12.34 pm. The volume of CFFN shares traded was 2959% higher than normal. CFFN announced approval by stockholders of the plan to convert, reorganize and complete the syndicated offering. Herman Miller Inc (NASDAQ: MLHR)...
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NASDAQ Stocks Hitting 52-Week Highs (MLHR, LUFK, CTGX, BSQR)
Thursday, December 16, 2010 - 12:30pm | 131Herman Miller Inc (NASDAQ: MLHR) shares gained 7.43% to create a new 52-week high of $24.86. MLHR reported better-than-expected 2Q earnings. Lufkin Industries Inc (NASDAQ: LUFK) shares jumped 1.04% to touch a new 52-week high of $59.52. LUFK's trailing-twelve-month revenue per share is $19.38....
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Bullish MACD for Interface Inc - Tale of the Tape
Monday, December 13, 2010 - 11:03am | 118Interface, Inc.'s (IFSIA) MACD indicator has moved into bullish territory with a reading of 0.2662. The Zacks #2 Rank (“Buy”) stock increased more than 4% to $16.16 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending 2010 has increased by a cent over the...
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Bullish MACD for Interface Inc - Tale of the Tape
Monday, December 13, 2010 - 10:44am | 118Interface, Inc.'s (IFSIA) MACD indicator has moved into bullish territory with a reading of 0.2662. The Zacks #2 Rank (“Buy”) stock increased more than 4% to $16.16 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending 2010 has increased by a cent over the...
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Zacks #5 Rank Additions for Friday - Tale of the Tape
Friday, December 10, 2010 - 8:18am | 353Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alliance HealthCare Services (AIQ) American Reprographics (ARP) Credit Suisse Group AG. (CS) Enzon Pharmaceuticals (ENZN) Grupo Aeroportuario del Pacifico (PAC) View the entire Zacks #5 Rank List. ALLIANCE HEALTH (AIQ):...