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Gerber Scientific Shareholders Approve Acquisition by Vector Capital
Thursday, August 18, 2011 - 3:35pm | 170Gerber Scientific, Inc. (NYSE: GRB) today announced that at a special meeting of shareholders held earlier today, shareholders voted to approve the previously announced merger agreement with Vector Knife Holdings (Cayman), Ltd. and Knife Merger Sub, Inc., controlled affiliates of Vector Capital....
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Vishay Intertechnology Expands Color Binning and Ordering Options for VLMW41XX Series of Sapphire-Based, Cool White SMD LEDs
Thursday, August 18, 2011 - 10:01am | 168To meet the need for color homogeneity in a wide variety of lighting applications, Vishay Intertechnology, Inc. (NYSE: VSH) today announced that it has expanded the color binning and ordering options for its VLMW41XX series of sapphire-based, cool white SMD LEDs in the PLCC-2 package. The devices...
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When Paying it Forward Pays: Image Microsystems' CSR Case Study
Thursday, August 18, 2011 - 4:01am | 58By Ian Edwards For companies committed to corporate social responsibility (CSR), there is a belief that all those good deeds will be rewarded with new business, but there is scant hard evidence. Image Microsystems (IM), of Austin, Texas, stands as one of the few companies that can ascribe new...
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Mad Money Lightning Round: Cramer Likes Crocs, Alcoa
Thursday, August 18, 2011 - 3:16am | 332On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Crocs (NASDAQ: CROX) is a “great story. If it goes back down, I'm going to recommend it." For Covidien (NYSE: COV), he said, "You hold on and buy more. That is a great company that is a buy, buy, buy." Cramer said that Alcoa (...
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Vishay Announces Resignation of CFO Lior Yahalomi; Appoints Lori Lipcaman
Wednesday, August 17, 2011 - 3:05pm | 50Vishay Intertechnology, Inc. (NYSE: VSH) announced the resignation of Dr. Lior Yahalomi as Executive Vice President and Chief Financial Officer, effective August 31, 2011. Lori Lipcaman, currently Vishay's Executive Vice President Finance and Chief Accounting Officer, will assume the role of Chief...
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Top 4 Mid-Cap Stocks In The Diversified Electronics Industry With The Highest ROE
Wednesday, August 17, 2011 - 3:18am | 122Below are the top mid-cap diversified electronics stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Amphenol Corporation (NYSE: APH) is 25.59%. APH's operating margin for the same period is 19.78%. The trailing-twelve-month return on...
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Standard & Poor's Announces Changes to S&P SmallCap 600 Index
Tuesday, August 16, 2011 - 5:29pm | 140S&P will make the following changes to the S&P SmallCap 600 Index: iRobot Corp. (NASDAQ: IRBT) will replace EMS Technologies Inc. (NASDAQ: ELMG) after the close of trading on Friday, August 19. S&P 500 constituent Honeywell International (NYSE: HON) is acquiring EMS Technologies in a...
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FLIR Systems Announces $250M Notes Offering
Tuesday, August 16, 2011 - 3:17pm | 95FLIR Systems, Inc. (NASDAQ: FLIR) today announced it has priced a public offering of $250 million aggregate principal amount of 3.75% notes due September 1, 2016. FLIR expects to receive net proceeds of approximately $248 million, after deducting underwriting discounts and estimated offering...
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Top Performing Industries For August 16
Tuesday, August 16, 2011 - 9:09am | 176At 10:05 am, the Dow fell 1.00% to 11,368.17, the broader Standard & Poor's 500 index moved down 1.27% to 1,189.25 and the NASDAQ composite index dropped 1.46% to 2,517.99. The industries that are still afloat in the market today are: Major Airlines: This industry jumped 0.95% by 10:05 am....
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KYOCERA Forms Group to Maximize North American Revenue Growth with Licensing and Acquisitions
Tuesday, August 16, 2011 - 7:02am | 109Kyocera Corporation (NYSE: KYO): Kyocera International, Inc. announced today that it has established a North American Business Development Services and Planning function. The group will be led by Mr. Thomas H. Bliss, Jr., who joined the company in May, bringing over 20 years and $25 billion in...
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Earnings Scheduled For August 16
Tuesday, August 16, 2011 - 3:19am | 481TJX Companies Inc (The) (NYSE: TJX) is expected to report its Q2 EPS at $0.89 on revenue of $5.44 billion. Home Depot Inc (The) (NYSE: HD) is projected to report its Q2 EPS at $0.83 on revenue of $19.96 billion. Saks Incorporated (NYSE: SKS) is estimated to post a Q2 loss at $0.09 per share on...
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Benzinga's Volume Movers
Monday, August 15, 2011 - 9:26am | 156Impax Laboratories Inc (NASDAQ: IPXL) shares surged 11.79% to $18.78 at 10:24 am. The volume of IPXL shares traded was 203% higher than normal. IPXL and GlaxoSmithKline (NYSE: GSK) announced positive top-line results of the ASCEND-PD Phase III clinical study of IPX066 in patients with advanced...
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Stocks Hitting 52-Week Highs
Monday, August 15, 2011 - 9:18am | 158Motorola Mobility Holdings Inc (NYSE: MMI) shares rose 57.13% to create a new 52-week high of $38.45. Google Inc (NASDAQ: GOOG) announced its plans to buy Motorola Mobility for $12.5 billion in cash. Micronetics Inc (NASDAQ: NOIZ) shares gained 2.74% to create a new 52-week high of $6.37. NOIZ...
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IntriCon Amends $12M Credit Facilities
Monday, August 15, 2011 - 8:42am | 100IntriCon Corporation (NASDAQ: IIN) today announced it has amended its credit facilities with The PrivateBank and Trust Company. Terms of the amendment included, among other things: Extending the term of the $8.0 million revolving credit facility, with a subfacility for letters of credit, to...
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Earnings Scheduled For August 15
Monday, August 15, 2011 - 12:05am | 509Sysco Corporation (NYSE: SYY) is projected to report its Q4 EPS at $0.57 on revenue of $10.36 billion. Estee Lauder Companies Inc (The) (NYSE: EL) is estimated to report its Q4 EPS at $0.24 on revenue of $2.03 billion. 3SBio Inc (NASDAQ: SSRX) is expected to post its Q2 EPS at $0.20 on revenue of...