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Zygo Receives Order in Excess of $2 Million From Major Medical Device Company for High Precision Lens Assemblies
Tuesday, June 28, 2011 - 9:57am | 152Zygo Corporation (NASDAQ: ZIGO) today announced that its Optical Systems Division has been awarded a multi-million dollar order from a major medical device manufacturer to produce high precision objective lens assemblies used in ophthalmic laser surgery. The order is part of a new customer program...
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KeyBanc Capital Markets Initiates Acuity Brands, Cree, Echelon, EnerNOC, ESCO, Itron, Elster Coverage
Monday, June 27, 2011 - 3:51pm | 158KeyBanc Capital Markets initiated coverage on the below companies in a research report published today. KeyBanc Capital Markets initiated coverage on Acuity Brands (NYSE: AYI) with a Hold rating. KeyBanc Capital Markets initiated coverage on Cree (NASDAQ: CREE) with a Buy rating. KeyBanc Capital...
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Puts Purchased on Trimble Navigation Limited
Monday, June 27, 2011 - 12:14pm | 128Shares of Trimble Navigation Limited (NASDAQ: TRMB) are lower on the session by 0.84%, currently trading at $36.75. The stock has been moving largely lower over the past three months and is currently trading below the 200-day moving average. Options traders are buying puts on the name today. A...
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Puts Purchased on TTM Technologies, Inc.
Monday, June 27, 2011 - 9:48am | 115Shares of TTM Technologies, Inc. (NASDAQ: TTMI) are higher on the session by 0.60%, currently trading at $15.14. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short...
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Benzingas Top Downgrades
Monday, June 27, 2011 - 7:23am | 137Analysts at Nomura downgraded Koninklijke Philips Electronics NV (NYSE: PHG) from “buy” to “neutral.” PHG 's shares closed at $23.76 on Friday. PHG's trailing-twelve-month profit margin is 5.38%. Analysts at Ticonderoga downgraded Molex Incorporated (NASDAQ: MOLX) from “neutral” to “sell.” Molex's...
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Ticonderoga Downgrades Molex To Neutral
Monday, June 27, 2011 - 7:09am | 18Ticonderoga has downgraded Molex (NASDAQ: MOLX) from Buy to Neutral.
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Earnings Scheduled For June 27
Sunday, June 26, 2011 - 11:09pm | 76Nike Inc (NYSE: NKE) is projected to report its FQ4 EPS at $1.16 on revenue of $5.54 billion. Park Electrochemical Corporation (NYSE: PKE) is estimated to post its Q1 earnings at $0.41 per share on revenue of $52.11 million. Standard Microsystems Corporation (NASDAQ: SMSC) is expected to post its...
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Stocks To Watch For June 27
Sunday, June 26, 2011 - 11:04pm | 188Some of the stocks that may grab investor focus today are: Wall Street expects Nike Inc (NYSE: NKE) to report its FQ4 EPS at $1.16 on revenue of $5.54 billion. Nike shares fell 1.23% to close at $81.18 on Friday. Analysts are expecting Park Electrochemical Corporation (NYSE: PKE) to have earned $...
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Measurement Specialties Awarded R&D Technology Center Certification and Receives R&D Funding From Shenzhen Government
Friday, June 24, 2011 - 11:31am | 58Measurement Specialties, Inc. (Nasdaq: MEAS) announced today that on June 23, 2011 it was awarded the R&D Technology Certification along with three million RMB of funding from the Shenzhen government to be used by Measurement Specialties (China), Ltd. on capital investments for research and...
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Fast Money Pops & Drops, June 22nd (KMX, ADBE, AVAV, LO, JBL, LNG)
Wednesday, June 22, 2011 - 5:54pm | 243CNBC Fast Money's Guy Adami said that CarMax, Inc (NYSE: KMX) had a monster quarter. He explained that KMX will probably have one more day on the upside, but then it will fade around $34. CarMax, Inc (KMX) spiked 7.01% on Wednesday, and it closed at $32.66. Adobe Systems Incorporated (NASDAQ: ADBE...
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Wednesday's S&P Sector Recap 6/22/11
Wednesday, June 22, 2011 - 4:44pm | 1502The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...
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Fed Unched. 06-22-2011
Wednesday, June 22, 2011 - 12:41pm | 948Cusick's Corner I am writing this into today's Fed number so I will be brief. Unless there is a major shift in policy language or lack of unanimous agreement, the market looks ready to challenge to the upside. In other words, I will be watching to see if dips are being bought or if we just run to...
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Top Performing Industries For June 22
Wednesday, June 22, 2011 - 9:14am | 183At 10:10 am, the Dow fell 0.14% to 12,173.47, the broader Standard & Poor's 500 index moved down 0.02% to 1,295.20 and the NASDAQ composite index dropped 0.14% to 2,683.38. The industries that are still afloat in the market today are: Auto Dealerships: This industry jumped 2.27% by 10:10 am....
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Jabil Circuit Up 5% On Earnings Report
Wednesday, June 22, 2011 - 8:46am | 142Jabil Circuit, Inc. (NYSE: JBL) shares are jumping more than 5% this morning after the company reported earnings last night that beat Wall Street estimates. The St. Petersburg-based company reported earnings of 47 cents per share on $4.23 billion, jumping 22% from last year. Excluding items,...
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Jabil Circuit Up Over 5.5% After JPM Upgrade
Wednesday, June 22, 2011 - 8:46am | 54J.P. Morgan Chase & Co. is raising its price target on shares of Jabil Circuit (NYSE: JBL) to $24 from $23.50, and it is reiterating its Overweight rating on shares following earnings. Read more here.