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News Summary
Monday, March 7, 2011 - 9:45am | 242Shares of Ciena Corp (NASDAQ: CIEN) dropped about 5.5% after the company reported a Q1 loss at $79.1 million, or $0.84 per share, versus a loss of $53.3 million, or $0.58 per share, in the year-earlier period. Ciena's adjusted loss came in at $0.14 per share. The company's revenue increased to $433...
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OSI Systems Receives FDA Clearance for Enhanced Flow Meter Used in Anesthesia Delivery
Monday, March 7, 2011 - 8:03am | 93OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare, has received FDA 510k clearance for Enhanced Flow Meter (EFM) Visualization which will be utilized on the BleaseSirius Anesthesia System. EFM's unique visualization feature provides the “touch and...
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Western Digital to Acquire Hitachi Global Storage Technologies for $4.3B
Monday, March 7, 2011 - 7:23am | 130Western Digital (NYSE: WDC) and Hitachi, Ltd. (NYSE: HIT) announced today that they have entered into a definitive agreement whereby WD will acquire Hitachi Global Storage Technologies, a wholly-owned subsidiary of Hitachi, Ltd., in a cash and stock transaction valued at approximately $4.3 billion...
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Benzinga's Top Performing Industries, March 4th (NFLX, AXU, SCOK, MVG, HLS, DVA, A, WAT)
Friday, March 4, 2011 - 7:13pm | 251The music & video stores industry led the gainers today with an increase of 3.54%. In the space, Netflix, Inc. (NASDAQ: NFLX) gained 3.61%, and closed the session at $3.61. In the after hours, NFLX gained additional 0.84%. The nonmetallic mineral mining industry gained 2.91% as Alexco Resource...
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Goldman Sachs Neutral On Agilent Technologies (A)
Friday, March 4, 2011 - 7:37am | 122Goldman Sachs has a Neutral rating and a $45 price target on shares of Agilent Technologies (NYSE: A). In a note to clients, Goldman writes, "Agilent hosted its annual investor meeting on 3 March during which management reiterated a bullish outlook on end markets and the company's long-term...
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Spectrum Control to Release First Quarter Results and Host Conference Call on March 31, 2011
Thursday, March 3, 2011 - 4:28pm | 68Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of custom electronic products and systems, announced today that it will release its first quarter results on Thursday, March 31, 2011, after the close of the market. Following the release, Spectrum Control will host a...
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Superconductor Technologies Trading Significantly Higher Today (SCON)
Thursday, March 3, 2011 - 10:56am | 31Superconductor Technologies (NASDAQ: SCON) is trading higher today. At the time of posting, shares of SCON were trading at $3.68, up 24.75% from Wednesday's close.
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A Peek Into The Market Before The Trading Starts
Thursday, March 3, 2011 - 7:27am | 676<b>Pre-open movers</b> US stock futures are higher this morning, as investors are awaiting data on jobless claims and the non-manufacturing sector. Futures on the Dow Jones Industrial Average surged 93 points to 12,139.00 and futures on the S&P 500 stock index climbed 12.50...
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Piper Jaffray Upgrading Cognex Corp. (CGNX)
Thursday, March 3, 2011 - 7:14am | 180Piper Jaffray is upgrading shares of Cognex Corp. (NASDAQ: CGNX) to Overweight from Neutral, and is raising its price target to $34. In a note to clients, Piper Jaffray writes, "CGNX has pulled back 24% since it reported on February 11th. We had been concerned that the...
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Piper Jaffray Upgrades Cognex Corporation To Overweight, PT To $34
Thursday, March 3, 2011 - 7:05am | 30Piper Jaffray has upgraded Cognex Corporation (NASDAQ: CGNX) from Neutral to Overweight and has raised the price target from $31 to $34.
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Piper Jaffray Ups CGNX To Overweight
Thursday, March 3, 2011 - 5:59am | 74Analysts at Piper Jaffray upgrade Cognex Corporation (NASDAQ: CGNX) from “neutral” to “overweight.” The target price for CGNX has been raised from $31 to $34. CGNX shares rose 0.04% to close at $26.81 yesterday. <a href="http://www...
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Richard Wenham Appointed as CEO of Image Sensing Systems Europe
Wednesday, March 2, 2011 - 2:08pm | 50Image Sensing Systems, Inc. (Nasdaq: ISNS) announced today that Richard Wenham has been appointed as the CEO of the company's subsidiary Image Sensing Systems Europe Limited headquartered in the United Kingdom. Mr. Wenham will report to Ken Aubrey, company president and CEO.
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J.P. Morgan Expects Agilent Analyst Meeting To Be A Positive Catalyst Owing To Updates On New Product Traction
Wednesday, March 2, 2011 - 10:13am | 138In a report published by J.P. Morgan, Agilent's (NYSE: A) analyst meeting should be a positive catalyst owing to updates on new product traction. J.P. Morgan reported that the Overweight-rated Agilent is set to host its analyst meeting in New York on March 3. “We expect the investor meeting to be a...
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Benzinga's Volume Movers (ARGN, DTSI, EBIX, TECD)
Tuesday, March 1, 2011 - 10:46am | 148Amerigon Incorporated (NASDAQ: ARGN) shares moved up 8.14% to $14.75 at 10:45 am. The volume of ARGN shares traded was 486% higher than normal. ARGN agreed to acquire a majority interest in W.E.T. Automotive Systems. DTS Inc (NASDAQ: DTSI) shares rose 10.92% to $50.30. The volume of DTSI shares...
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Agilent Technologies Acquires BIOCIUS Life Sciences
Tuesday, March 1, 2011 - 9:03am | 43Agilent Technologies Inc. (NYSE: A) today announced it has acquired BIOCIUS Life Sciences, Inc., developer of the unique RapidFire™ high-throughput mass spectrometry drug-screening platform for the pharmaceutical and biopharmaceutical markets. Financial details were not disclosed.