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Benzinga's Volume Movers (WFMI, IPGP, ARTC, DIOD)
Thursday, February 10, 2011 - 10:28am | 159Whole Foods Market Inc (NASDAQ: WFMI) shares moved up 11.37% to $59.86 at 10:25 am. The volume of WFMI shares traded was 579% higher than normal. WFMI raised its 2011 projections for profit and sales. IPG Photonics Corporation (NASDAQ: IPGP) shares rose 25.53% to $43.62. The volume of IPGP shares...
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NASDAQ Stocks Hitting 52-Week Highs (WFMI, ARRS, IPGP, SBGI)
Thursday, February 10, 2011 - 10:22am | 137Whole Foods Market Inc (NASDAQ: WFMI) shares gained 11.07% to create a new 52-week high of $59.70. WFMI raised its 2011 projections for profit and sales. Arris Group Inc (NASDAQ: ARRS) shares gained 4.70% to create a new 52-week high of $13.81. ARRS reported upbeat Q4 earnings. IPG Photonics...
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Morning Market Movers (MCZ, IPGP, ALU, UNB)
Thursday, February 10, 2011 - 10:07am | 111Mad Catz Interactive Inc (AMEX: MCZ) jumped 22.31% to $1.48 at 10:00 am. MCZ reported 90.6% y/y jump in its FQ3 net sales. IPG Photonics Corporation (NASDAQ: IPGP) shares advanced 19.14% to $41.40. IPGP lifted its earnings and revenue projections for the fourth quarter. Alcatel-Lucent (NYSE: ALU)...
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IPG Photonics Expects to Exceed Q4 Guidance; Sees EPS of $0.53 to $0.56
Thursday, February 10, 2011 - 8:17am | 80IPG Photonics Corporation (NASDAQ: IPGP) today announced preliminary financial results for the fourth quarter ended December 31, 2010. The Company expects sales for the fourth quarter of 2010 to be approximately $100 million compared with the previously guided range of $80 to $86 million, and...
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NASDAQ Stocks Hitting 52-Week Highs (SBGI, RFIL, LULU, TTWO)
Wednesday, February 9, 2011 - 10:13am | 133Sinclair Broadcast Group Inc (NASDAQ: SBGI) shares gained 6.23% to create a new 52-week high of $10.57. SBGI reported upbeat Q4 results. RF Industries Ltd (NASDAQ: RFIL) shares rose 6.62% to touch a new 52-week high of $7.89. RFIL had $9.31 million in total cash and no debt for the recent quarter....
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eSolar Selects Flextronics as Partner
Monday, February 7, 2011 - 11:00am | 54eSolar announced today that it has entered into an agreement with Flextronics (Nasdaq: FLEX) for design services relating to next generation heliostats and solar collector systems. Flextronics plans to provide electromechanical design services from its location in Plano, Texas to support the future...
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Jefferies Reiterates Hold on Echelon (ELON)
Monday, February 7, 2011 - 8:04am | 118Jefferies is out with its report today on Echelon (NASDAQ: ELON), reiterating Hold and a $7 PT. In a note to clients, Jefferies writes, "The company is moving into full deployment mode with Fortum in Finland and we believe the Duke Ohio deployment is at ~30%. These two projects will be drivers of...
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J.P. Morgan Raises Trimble Navigation Pt To $47 (TRMB)
Friday, February 4, 2011 - 9:16am | 135J.P. Morgan raised its Trimble Navigation (NASDAQ: TRMB) price target to $47 from $44.50 in a research report published today. In the report, J.P. Morgan states, "TRMB reported 4Q results and issued 1Q11 guidance above expectations partially aided by a lower than expected tax rate. Heavy/highway...
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Morgan Keegan Raises PT On Trimble Navigation To $45
Friday, February 4, 2011 - 8:53am | 29Morgan Keegan has raised the price target on Trimble Navigation Limited (NASDAQ: TRMB) from $39 to $45 and maintains its Market Perform rating.
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JP Morgan Raises PT On Trimble Navigation To $47
Friday, February 4, 2011 - 8:23am | 28JP Morgan has raised the price target on Trimble Navigation Limited (NASDAQ: TRMB) from $44.50 to $47 and maintains its Neutral rating.
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Trimble Reports Q4 EPS of $0.46 vs. $0.31
Thursday, February 3, 2011 - 4:48pm | 117Trimble (Nasdaq: TRMB) today announced fourth quarter and fiscal 2010 financial results. Fourth quarter 2010 revenue of $323.3 million was up 17 percent as compared to the fourth quarter of 2009. Fourth quarter 2010 net income was $36.6 million, up 283 percent as compared to the fourth...
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MFLEX Reports Q1 EPS of $0.67 vs. $0.54
Thursday, February 3, 2011 - 4:32pm | 130Multi-Fineline Electronix, Inc. (Nasdaq: MFLX) today reported financial results for the fiscal 2011 first quarter ended December 31, 2010. Net sales in the first quarter of fiscal 2011 were $241.2 million, a record quarterly amount for the Company and a 5.1 percent increase from net sales of $229...
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Gordon B. Hunter Joins CTS Board
Thursday, February 3, 2011 - 2:08pm | 70CTS Corporation (NYSE: CTS) announced that effective today Gordon B. Hunter has been elected to its Board of Directors. Mr. Hunter is the Chairman, President and Chief Executive Officer of Littelfuse, Inc. (NASDAQ: LFUS) and currently sits on the Board of Veeco Instruments Inc. (NASDAQ: VECO).
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Benzinga's Top Pre-Market NASDAQ Gainers (NLST, SFLY, GMCR, SOLR)
Thursday, February 3, 2011 - 8:17am | 131Netlist Inc (NASDAQ: NLST) rose 22.22% to $2.64 in the pre-market session. NLST shares have dipped 41.94% over the past 52 weeks, while the S&P 500 index has gained 18.84% in the same period. Shutterfly Inc (NASDAQ: SFLY) added 20.14% to $41.22 in the pre-market session. SFLY reported upbeat...
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Benchmark Electronics Beats Estimates (BHE)
Thursday, February 3, 2011 - 8:01am | 182Angleton, Texas-based Benchmark Electronics, Inc. (NYSE: BHE) on Thursday morning released financial results that beat Wall Street expectations. Benchmark Electronics, Inc reported that its 4th quarter net income rose to $19.0 million, or 31 cents per share, up from $16.7 million, or 26 cents per...