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Cantor Fitzgerald Downgrades Itron To Hold, Lowers PT To $44
Thursday, September 1, 2011 - 7:43am | 26Cantor Fitzgerald has downgraded Itron (NASDAQ: ITRI) from Buy to Hold and has lowered the price target to $44.
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Itron Appoints LeRoy Nosbaum as President and Chief Executive Officer
Wednesday, August 31, 2011 - 4:46pm | 373Itron (NASDAQ: ITRI) announced today that LeRoy D. Nosbaum, 65, has been appointed president and chief executive officer, effective immediately. Mr. Nosbaum has also been appointed to the company's board of directors. Mr. Nosbaum previously served as Itron's chairman and chief executive officer and...
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Benzinga's Top Downgrades
Wednesday, August 31, 2011 - 7:32am | 111Piper Jaffray downgraded Cognex Corporation (NASDAQ: CGNX) from “overweight” to “neutral.” CGNX's shares closed at $35.75 yesterday. Cognex's trailing-twelve-month ROA is 10.24%. Steel Dynamics Inc (NASDAQ: STLD) was downgraded by Goldman Sachs from "buy" to "neutral." STLD's shares closed at $12....
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Piper Jaffray Downgrading Cognex
Wednesday, August 31, 2011 - 6:41am | 169Piper Jaffray is out with a research report on Cognex Corp. (NASDAQ: CGNX) and is downgrading shares to Neutral from Overweight on valuation. It has a $36.50 price target on shares. In a note to clients, Piper Jaffray writes, "We are downgrading Cognex to Neutral based on valuation. CGNX is...
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Piper Jaffray Downgrades Cognex To Neutral, $36.50 PT
Wednesday, August 31, 2011 - 5:21am | 25Piper Jaffray has downgraded Cognex Corporation (NASDAQ: CGNX) from Overweight to Neutral and maintains its $36.50 price target.
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FLIR Systems Awarded U.S. Navy Contract Valued at up to $52.1M to Support Persistent Ground Surveillance
Tuesday, August 30, 2011 - 3:05pm | 117FLIR Systems, Inc. (NASDAQ: FLIR) today announced that it has been awarded a contract from the Naval Air Warfare Center Aircraft Division valued at up to $52.1 million for its Star SAFIRE® HD family of digital, high-definition, full-spectrum imaging systems. Under the terms of the three year,...
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Barrington Research Maintains Perceptron Outperform
Tuesday, August 30, 2011 - 2:36pm | 66Barrington Research maintained its Perceptron (NASDAQ: PRCP) Outperform rating in a research report published today. In the report, Barrington Research states, "We are maintaining our OUTPERFORM rating with a price target range of $8-10 based on continued stabilization in the automotive sector."...
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New trend in rare earth elements
Tuesday, August 30, 2011 - 1:13pm | 143China's manipulation of the rare earth element market has led to yet a new chapter in the industry. Two of the world's largest end-users of rare earth elements are fighting back against the Chinese by entering agreements with two of the largest miners outside of China. Siemens AG (NYSE: SI)...
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Market Update
Tuesday, August 30, 2011 - 8:33am | 144Shares of Ninetowns Internet Technology Group Limited (NASDAQ: NINE) gained about 0.7% after the company's Board of Directors authorized a share repurchase program, effective immediately. Shares of DryShips Inc (NASDAQ: DRYS) fell about 1% as the company is all set to report its quarterly earnings...
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Pre-Market Movers
Tuesday, August 30, 2011 - 7:53am | 105Dole Foods (NASDAQ: DOLE) trades over 8% higher in pre-market trading. Universal Display Corp (NASDAQ: PANL) trades over 5% higher after the company said it has entered into a technology license agreement with Panasonic Idemitsu OLED Lighting Co. Central European Distribution Corp (NASDAQ: CEDC)...
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Oppenheimer Maintains Perform on Universal Display
Tuesday, August 30, 2011 - 7:13am | 76Oppenheimer is out with its report today on Universal Display (NASDAQ: PANL), maintaining Perform. In its report, Oppenheimer writes, "Yes, PANL is signing up customers for its PHOLED technology. However, what is missing is additional detailed information, which is necessary for the stock to hold...
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Benzinga's Top Pre-Market Gainers
Tuesday, August 30, 2011 - 6:39am | 151Limelight Networks Inc (NASDAQ: LLNW) surged 18.15% to $2.93 in the pre-market session. DG FastChannel Inc (NASDAQ: DGIT) announced its plans to to acquire LLNW's EyeWonder video and rich media advertising unit for around $66 million in cash. Family Dollar Stores Inc (NYSE: FDO) soared 14.90% to $...
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US Stock Futures Down; Fed Minutes, Economic Data In Focus
Tuesday, August 30, 2011 - 4:57am | 372US stock futures are lower this morning, as investors are awaiting consumer confidence data and the minutes of the recent Federal Open Market Committee. Futures for the Dow Jones Industrial Average dipped 59 points to 11,458.00 and S&P 500 index futures fell 7.70 points to 1,200.40. Nasdaq 100...
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Stocks To Watch For August 30
Tuesday, August 30, 2011 - 2:33am | 235Some of the stocks that may grab investor focus today are: Wall Street expects Dollar General Corporation (NYSE: DG) to report its Q2 EPS at $0.48 on sales of $3.54 billion. DG shares surged 2.93% to $34.78 in after-hours trading. Winn-Dixie Stores Inc (NASDAQ: WINN) reported a 48% decline in its...
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Universal Display Announces Agreement with Panasonic Idemitsu OLED Lighting for OLED Lighting Products
Monday, August 29, 2011 - 3:01pm | 73Universal Display Corporation (NASDAQ: PANL) today announced that it has entered into a technology license agreement with Panasonic Idemitsu OLED Lighting Co., Ltd., a joint venture between Panasonic Electric Works Co., Ltd. and Idemitsu Kosan Co., Ltd. Under the new agreement, Panasonic Idemitsu...