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How to Lose Money: Buy Stocks With "China" In the Name
Friday, July 8, 2011 - 3:12pm | 274The recent collapse in the share price of Chinese reverse mergers is at this point widely known. But, what if investors had simply purchased a basket of companies with the name "China" somewhere in the security? Here are the performances of securities on the NYSE, containing the word "China,"...
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Benchmark Maintains Hold on FLIR Systems
Friday, July 8, 2011 - 6:32am | 115Benchmark is out with its report today on FLIR Systems (NASDAQ: FLIR), maintaining Hold. In a note to clients, Benchmark writes, "FLIR needs a strong Government ramp in 2H to meet its full-year guidance; we maintain our HOLD. We lower our Q2 sales and EPS estimates to $411 million and $0.39 from $...
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Dole's New CSR Portal Goes Bananas for Sustainability
Friday, July 8, 2011 - 4:00am | 27This week Dole, based in Westlake Village, CA, launched a sustainability portal to give its side of the story on issues related to corporate social responsibility (CSR).
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Biggest Pre-Market Winners and Losers
Thursday, July 7, 2011 - 8:24am | 219Winners: Target (NYSE: TGT) is up over 6.50%, trading near $51.60 after reporting positive June sales results. Amphenol (NYSE: APH) is up over 5.50%, trading near $57.40. Kohl's (NYSE: KSS) is up over 5%, trading near $54.80 after reporting positive June sales results. Apollo Group (NASDAQ:...
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Morgan Keegan Raises Price Target On OSI Systems To $45
Thursday, July 7, 2011 - 7:32am | 99According to Morgan Keegan, OSI Systems (NASDAQ: OSIS) price target is raised to $45. Morgan Keegan said that it is very optimistic about the outlook for OSI in both the near and long term. “We have decided to raise our price target to $45 from $43 and maintain our Outperform rating on shares of...
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Morgan Keegan Raises PT On OSI Systems To $45
Thursday, July 7, 2011 - 7:17am | 27Morgan Keegan has raised the price target on OSI Systems (NASDAQ: OSIS) from $43 to $45 and maintains its Outperform rating.
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Top 4 Small-Cap Stocks In The Industrial Electrical Equipment Industry With The Highest Dividend Yield
Thursday, July 7, 2011 - 2:05am | 122Below are the top small-cap industrial electrical equipment stocks on the NYSE, the NASDAQ and the AMEX in terms of dividend yield. AZZ Incorporated (NYSE: AZZ) has a dividend yield of 1.90%. AZZ's shares closed at $52.23 yesterday. Servotronics Inc (AMEX: SVT) has a dividend yield of 1.70%. SVT'...
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LeCroy Corporation Partners has Acquired Bogatin Enterprises
Wednesday, July 6, 2011 - 3:38pm | 172LeCroy Corporation (NASDAQ: LCRY) has acquired Bogatin Enterprises, a leading provider of training and publications that help engineers transform complex signal integrity problems into practical design solutions. Bogatin Enterprises' methodology is based on identifying the root cause of problems...
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Options Brief: Cerner Corporation
Wednesday, July 6, 2011 - 10:30am | 81Shares of Cerner Corporation (NASDAQ: CERN) are higher on the session by 0.67%, trading at $63.42. Overall put volume is now running at 18.64x the daily average, with 15% of all puts traded being purchases on the offer. 4,176 contracts have traded on the session so far. Cerner Corporation is a...
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Stifel Nicolaus Raises PT on FARO Technologies to $62
Wednesday, July 6, 2011 - 7:43am | 105Stifel Nicolaus is out with its report today on FARO Technologies (NASDAQ: FARO), raising its PT from $60 to $62. In a note to clients, Stifel Nicolaus writes, "We are raising our 2Q11 sales and EPS estimates from $57.0 million and $0.25 to $59.0mn and $0.30. We are raising our 2011 sales and EPS...
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Goldman Sachs Reiterates Neutral on Flir Systems
Tuesday, July 5, 2011 - 8:24am | 40Goldman Sachs reiterated its Neutral rating on Flir Systems (NASDAQ: FLIR). At the moment, Goldman has a price target of $32 placed on the company's stock. On Friday, Flir ended the day at $34.20.
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Piper Jaffray Raises Estimates On Rofin-Sinar
Tuesday, July 5, 2011 - 6:32am | 70According to Piper Jaffray, Rofin-Sinar (NASDAQ: RSTI) estimates are raised. Piper Jaffray said that it is adjusting estimates upward for both FY11 and FY12 as industrial laser system sales appear poised to return to near CY08's peak levels sooner than expected. “We continue to view Rofin as an...
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Port of Boston Selects Intellicheck Mobilisa TWIC Readers for Pilot Project
Friday, July 1, 2011 - 6:31am | 55Intellicheck Mobilisa, Inc. (NYSE: IDN) announced today that the Massachusetts Port Authority (Massport) began an official pilot test using the Company's IM2700 TWIC devices. Massport owns and operates Boston Logan International Airport, two other airports, and the public container and cruise...
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Stocks to Watch for 07/1/11: Fresh 52 Week Highs and Lows
Friday, July 1, 2011 - 3:16am | 2869Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Walter Investment Company (NYSE: WAC): Shares of Walter Investment hit a 52-week...
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OSI Systems Receives $248M Contract from US Army
Thursday, June 30, 2011 - 7:02am | 75OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division, Rapiscan Systems, has been awarded a three-year Indefinite Delivery, Indefinite Quantity contract valued at up to $248 million from the U.S. Army for Entry Control Point Non-Intrusive Inspection systems. Under the...