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Ford to Upgrade I.D. Systems' Wireless Industrial Vehicle Management Technology Throughout North America
Wednesday, June 1, 2011 - 8:54am | 187I.D. Systems, Inc. (Nasdaq: IDSY) has finalized an agreement with Ford Motor Company (NYSE: F) to upgrade its wireless industrial vehicle management systems currently deployed on fleets of material handling equipment at Ford plants across North America. I.D. Systems has received purchase orders...
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Earnings Roundup For June 1
Wednesday, June 1, 2011 - 7:34am | 475Dollar General Corp (NYSE: DG) reported a 15% rise in its fiscal first-quarter profit on Wednesday. Dollar General reported its quarterly earnings at $157 million, or $0.45 per share, up from $136 million, or $0.39 per share, in the year-earlier period. Its adjusted net income surged to $0.48 per...
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Collins Stewart Provides Color on Semiconductor Sector
Wednesday, June 1, 2011 - 7:21am | 523Collins Stewart provided color on semiconductor sector ahead of Computex in Taiwan. In a research report published today, Collins Stewart states, "We are attending Computex this week in Taiwan. Following several days of meetings, we believe PC unit shipments continue to be on track for a ~10% q/q...
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Benzinga's Top Pre-Market NASDAQ Gainers
Wednesday, June 1, 2011 - 7:10am | 117Telvent GIT SA (NASDAQ: TLVT) shares advanced 15.21% to $39.69 in the pre-market session. TLVT agreed to be bought for $2 billion by Schneider Electric SA (OTC: SBGSY). Golar LNG Limited (NASDAQ: GLNG) shares advanced 6.09% to $33.80 in the pre-market session. GLNG's PEG ratio is 0.50. Daktronics...
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UPDATE: Daktronics Reports Better-Than-Expected FQ4 Earnings
Wednesday, June 1, 2011 - 6:49am | 114Daktronics Inc (NASDAQ: DAKT) released its results for the fiscal 2011 fourth quarter on Wednesday. Daktronics reported its FQ4 net income at $3.0 million, or $0.07 per share, versus a net loss of $4.9 million, or $0.12 per share, in the year-ago period. Its net sales came in at $114.4 million, up...
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Earnings Scheduled For June 1
Wednesday, June 1, 2011 - 12:16am | 232ATA Inc (NASDAQ: ATAI) is expected to post its FQ4 EPS at $0.08 on revenue of $6.13 million. Dollar General Corporation (NYSE: DG) is projected to report its Q1 EPS at $0.50 on revenue of $3.42 billion. Coldwater Creek Inc (NASDAQ: CWTR) is projected to post a Q1 loss at $0.30 per share on...
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Options Brief: L-1 Identity Solutions
Tuesday, May 31, 2011 - 10:34am | 93Shares of L-1 Identity Solutions (NYSE: ID) are lower on the session by 0.62%, trading at $11.18. Overall put volume is now running at 3.41x the daily average, with 27% of all puts traded being purchases on the offer. 10,916 contracts have traded on the session so far. L-1 Identity Solutions,...
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Morning Market Movers
Tuesday, May 31, 2011 - 8:51am | 143Yongye International Inc (NASDAQ: YONG) shares advanced 52.00% to $5.70 at 9:50 am. YONG'S Chairman and Chief Executive Officer Mr. Zishen Wu intends to purchase up to $3.0 million worth of shares of the Company's Common Stock in open market transactions. Central Vermont Public Service Corp (NYSE...
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Bank of America Provides Color on Western Digital, Buy
Tuesday, May 31, 2011 - 8:35am | 159Bank of America provided color on Western Digital's (NYSE: WDC) acquisition of Hitachi Global Storage Technologies from Hitachi (NYSE: HIT). In a research report published today, Bank of America states, "Western Digital announced that the European Commission (EC) was entering a Phase II review...
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Magal Signed a $35.5M Contract to Suply an Integrated Security System for the 2012 African Cup of Nations
Tuesday, May 31, 2011 - 7:14am | 53Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced that it has signed a $35.5 million contract for a turnkey project, to provide a fully integrated security system, covering multiple sites, for the African Cup of Nations Football Championship to be held in January 2012 in West Africa.
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Brean Murray Lowers PT On Itron To $67, Assumes Coverage At Buy
Tuesday, May 31, 2011 - 7:00am | 31Brean Murray Carret & Company has lowered the price target on Itron (NASDAQ: ITRI) from $84 to $67 and has assumed coverage with a Buy rating.
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NCI Awarded $58 Million NETCOM G5 IDIQ Contract
Tuesday, May 31, 2011 - 6:45am | 181NCI, Inc. (NASDAQ: NCIT) announced today that it has been awarded a competitive contract for the U.S. Army's Network Enterprise Technology Command/9th Signal Command Army office of Plans and Engineering (G5) (NETCOM/9th SC (A)/G5) to provide Global Enterprise Network Planning and Engineering...
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Puts Purchased on Itron, Inc.
Friday, May 27, 2011 - 10:05am | 129Shares of Itron, Inc. (NASDAQ: ITRI) are lower on the session by 5.95%, currently trading at $50.24. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...
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Wedbush Maintains Outperform on Itron
Friday, May 27, 2011 - 7:52am | 137Wedbush is out with its report today on Itron (NASDAQ: ITRI), maintaining Outperform. In a note to clients, Wedbush writes, "We maintain our OUTPERFORM and our $80 target. Our target is based on a 20x multiple on 2012 EPS estimates, as we expect Itron's valuation to normalize with modest...
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Benzinga's Top Downgrades
Friday, May 27, 2011 - 7:24am | 138Analysts at Robert W. Baird downgraded Itron Inc (NASDAQ: ITRI) from “neutral” to “underperform.” ITRI's shares closed at $53.42 yesterday. Itron's trailing-twelve-month profit margin is 4.59%. Analysts at Ardour Capital downgraded Gushan Environmental Energy Limited (NYSE: GU) from “accumulate”...