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Benzinga's Volume Movers (SLGN, RVBD, LFUS, VMED)
Wednesday, April 13, 2011 - 9:27am | 163Silgan Holdings Inc (NASDAQ: SLGN) shares moved up 10.45% to $40.68 at 10:25 am. The volume of SLGN shares traded was 4034% higher than normal. SLGN agreed to purchase Graham Packaging Co Inc (NYSE: GRM) for about $4.1 billion, including debt. Riverbed Technology Inc (NASDAQ: RVBD) shares rose 15....
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Piper Jaffray Maintains Neutral on DTS (DTSI)
Wednesday, April 13, 2011 - 8:16am | 82Piper Jaffray is out with its report today on DTS (NASDAQ: DTSI), maintaining Neutral. In a note to clients, Piper Jaffray writes, "We are maintaining our Neutral rating and $46 target, which is now based on 25x CY12E PF EPS of $1.80 (previously 35x CY12E GAAP EPS of $1.33). We believe a lower...
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DA Davidson Downgrades ROG, CCMP To Neutral
Wednesday, April 13, 2011 - 7:59am | 42DA Davidson has downgraded the following companies: Rogers Corporation (NYSE: ROG) Buy to Neutral, PT lowered from $54 to $45 Cabot Microelectronics (NASDAQ: CCMP) Buy to Neutral, PT: $53
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Iteris Awarded $1.3 Million Contract to Provide Traffic Engineering and Planning Manuals (ITI)
Wednesday, April 13, 2011 - 7:31am | 45Iteris (NYSE: ITI), has been selected to help develop uniform and standardized engineering and planning manuals, guidelines, and procedures for use by the Abu Dhabi Department of Transport. Work on the project is expected to begin immediately.
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Littelfuse Sees Q1 GAAP EPS of $0.96 to $0.98
Wednesday, April 13, 2011 - 6:46am | 108Littelfuse, Inc. (NASDAQ: LFUS) earlier today announced revised guidance for the first quarter of 2011 as follows: Sales for the first quarter of 2011 are now expected to be approximately $167 million compared to previous guidance of $156 to $165 million. On a GAAP basis, the company now...
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Perceptron Announces Rothenberger's Release of Two New Products at the March 2011 ISH Trade Fair in Germany
Tuesday, April 12, 2011 - 3:13pm | 106Perceptron (NASDAQ: PRCP) announced today that its customer, Rothenberger Werkzeuge GmbH of Kelkheim, Germany , launched two new products that utilize the modular Roscope1000™ handheld inspection device at the 2011 ISH Trade Fair in Frankfurt Germany. The first is a "new" 16 meter Imager Reel 25/16...
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Schmitt Industries Announces Q3 EPS of $(0.07)
Tuesday, April 12, 2011 - 3:07pm | 125Schmitt Industries, Inc. (Nasdaq: SMIT) today announced its operating results for the third quarter and the first nine months of its fiscal year 2011. Sales for the three months ended February 28, 2011 increased 89.3% to $2,920,121 compared to $1,542,312 for the same period last year. Net loss for...
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Universal Display Falls More Than 8% (PANL)
Tuesday, April 12, 2011 - 11:21am | 79Universal Display Corporation (NASDAQ: PANL) has lost 8.35% during Tuesday's trading session. The stock is up more than 45% over the last 3 months. Volume has been heavy during the session with more than 868,000 PANL shares trading hands compared to a 3-month daily average of 724,000. Universal...
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Comverge Hits 52-Week Low (COMV)
Tuesday, April 12, 2011 - 9:37am | 32Comverge (NASDAQ: COMV) has hit a 52-week low in today's trading. At last check the year-to-date performance of Comverge has been a loss of 41.6%.
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LightPath Technologies Reports Q3 Preliminary Revenue of $2.34M
Tuesday, April 12, 2011 - 8:33am | 87LightPath Technologies, Inc. (NASDAQ: LPTH) announced today its preliminary financial results for the third quarter ended March 31, 2011. The Company reported preliminary revenue of $2.43 million for the third quarter of fiscal 2011, a decrease of 9%, as compared to $2.66 million for the same...
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BC Hydro Selects Itron as Supplier of Smart Metering System and Meter Data Management System
Monday, April 11, 2011 - 7:48am | 97British Columbia's electricity system is one more major step closer to modernization today with the confirmation of Itron, Inc. (NASDAQ: ITRI) as BC Hydro's metering system provider to supply approximately two million new electric meters over the next two years as part of its Smart Metering Program...
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Magal Security Systems Reports Q4 EPS of $(0.14) vs. $0.16 Year Ago
Monday, April 11, 2011 - 7:16am | 83Magal S3 Ltd. (NASDAQ: MAGS) today announced its financial results for the three month period ended December 31, 2010. Revenues for the fourth quarter of 2010 totaled $15.1 million, an increase of 1% compared to the $15.0 million reported in the fourth quarter of 2009, and an increase of 13%...
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OSI Systems Receives $1.5M Order for Patient Monitoring Solutions
Monday, April 11, 2011 - 7:10am | 69OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare, has received a $1.5 million order from a Missouri hospital, nationally recognized for its patient safety. Under the terms of the agreement, Spacelabs Healthcare will provide Ultraview SL patient...
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Jefferies Reports On Lagging Construction Industry
Friday, April 8, 2011 - 6:48am | 91Jefferies has issued a report regarding the state of the construction industry. According to Jefferies, “While the US economy appears to be improving over the last few months, the construction industry faces several obstacles including uncertainty and a lack of funding, higher costs, and...
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Image Sensing Systems Names Mike Doyle to Board of Directors
Thursday, April 7, 2011 - 3:00pm | 64Image Sensing Systems, Inc. (Nasdaq: ISNS), announced today it has appointed Michael C. Doyle to its Board of Directors. The board intends to nominate Mr. Doyle for election by the shareholders at the upcoming Annual Meeting of Shareholders to be held in May. The addition of Mr. Doyle brings the...