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US Stock Futures Down As Investors Await Jobs Data
Friday, June 3, 2011 - 6:06am | 418US stock futures are lower this morning, as investors are awaiting payrolls figures. Futures on the Dow Jones Industrial Average dropped 30 points to 12,208.00 and futures on the S&P 500 stock index fell 3.50 points to 1,308.90. Nasdaq 100 futures declined 6.75 points to 2,319.25. US stocks...
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Stocks To Watch For June 3
Friday, June 3, 2011 - 12:19am | 344Some of the stocks that may grab investor focus today are: Diamond Foods Inc (NASDAQ: DMND) swung to a Q3 profit and lifted its projections for the year. DMND reported its quarterly profit at $7.7 million, or $0.34 per share, versus a loss of $4.3 million, or $0.22 per share, in the year-earlier...
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SAIC, Inc. Bid Lower Following Its Q1 Results
Thursday, June 2, 2011 - 4:37pm | 229Shares of SAIC, Inc. (NYSE: SAI) are trading lower in the after-hours following the release of the company's Q1 earnings results. Currently, shares are down by 0.35%, trading at $17.15; they closed the regular session lower by 0.35%, at $17.21. SAIC, Inc. said that Q1 EPS was $0.36 on revenues of...
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Tonight's Notable Events
Thursday, June 2, 2011 - 4:30pm | 273Today's Syndicate Pricing: : ANTH 6.6mm @ $7.50 Citi....TSLA 5mm @ $28.76 GSCO...ACI 48mm @ $27 MGS.... After the bell: Slow overall Anthera Pharmaceuticals, Inc. (ANTH) Secondary offering Verifone Systems (PAY) Inline #'s Beat this qtr - beat top and bottom line - raising guidance to streets...
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Benzinga's Top Downgrades
Thursday, June 2, 2011 - 8:42am | 142Analysts at Janney Montgomery Scott downgraded Zumiez Inc (NASDAQ: ZUMZ) from “buy” to “neutral.” ZUMZ's shares closed at $29.40 yesterday. Zumiez's trailing-twelve-month profit margin is 5.65%. Analysts at Bank of America Merrill Lynch downgraded Cracker Barrel Old Country Store Inc (NASDAQ: CBRL...
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US Stock Futures Up As Investors Await Jobless Claims, Retail Sales Data
Thursday, June 2, 2011 - 6:24am | 458US stock futures are higher this morning, as investors are awaiting data on jobless claims and sales data from retailers. Futures on the Dow Jones Industrial Average gained 28 points to 12,302.00 and futures on the S&P 500 stock index rose 4.10 points to 1,316.20. Nasdaq 100 futures surged 10....
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Earnings Scheduled For June 2
Thursday, June 2, 2011 - 12:59am | 420Cascade Corporation (NYSE: CASC) is estimated to report its Q1 EPS at $0.82 on revenue of $113.33 million. SAIC Inc (NYSE: SAI) is projected to report its Q1 EPS at $0.33 on revenue of $2.71 billion. The Descartes Systems Group Inc (NASDAQ: DSGX) is projected to report its Q1 EPS at $0.12 on...
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Stocks To Watch For June 2
Thursday, June 2, 2011 - 12:41am | 209Some of the stocks that may grab investor focus today are: Wall Street expects Joy Global Inc (NASDAQ: JOYG) to report its FQ2 EPS at $1.35 on revenue of $1.03 billion. JOYG shares gained 0.79% to $86.74 in after-hours trading. Zumiez Inc (NASDAQ: ZUMZ) reported a 7.8% rise in its May same-store...
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Telvent Trading over 15% Higher after Acquisition by Schneider Electric
Wednesday, June 1, 2011 - 11:33am | 87Telvent (NASDAQ: TLVT) agreed to be bought for $2 billion by Schneider Electric SA (OTC: SBGSY). The cash offer by Schneider Electric values the shares of Telvent at $40 each, representing a 36% premium to Telvent's average share price over the past three months. Abengoa (OTC: ABGOF), the Spanish...
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Benzinga's Volume Movers
Wednesday, June 1, 2011 - 10:26am | 145Telvent GIT SA (NASDAQ: TLVT) shares surged 15.27% to $39.71 at 10:25 am. The volume of TLVT shares traded was 8458% higher than normal. TLVT agreed to be bought for $2 billion by Schneider Electric SA (OTC: SBGSY). Daktronics Inc (NASDAQ: DAKT) shares moved up 5.95% to $11.39. The volume of DAKT...
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NASDAQ Stocks Hitting 52-Week Highs
Wednesday, June 1, 2011 - 10:20am | 127Telvent GIT SA (NASDAQ: TLVT) shares gained 15.36% to create a new 52-week high of $39.74. TLVT agreed to be bought for $2 billion by Schneider Electric SA (OTC: SBGSY). Golar LNG Limited (NASDAQ: GLNG) shares jumped 7.78% to create a new 52-week high of $34.34. GLNG's PEG ratio is 0.50. FARO...
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Options Brief: Telvent GIT
Wednesday, June 1, 2011 - 10:19am | 81Shares of Telvent GIT (NASDAQ: TLVT) are higher on the session by 15.24%, trading at $39.70. Overall call volume is now running at 5.66x the daily average, with 36% of all calls traded being purchases on the offer. 2,498 contracts have traded on the session so far. Telvent GIT, S.A. is an...
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News Summary
Wednesday, June 1, 2011 - 9:59am | 239Shares of Telvent GIT SA (NASDAQ: TLVT) surged about 15% after the company agreed to be bought for $2 billion by Schneider Electric SA (OTC: SBGSY). The cash offer by Schneider Electric values the shares of Telvent at $40 each, representing a 36% premium to Telvent's average share price over the...
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Morning Market Movers
Wednesday, June 1, 2011 - 9:57am | 123Orexigen Therapeutics Inc (NASDAQ: OREX) shares advanced 19.43% to $3.38 at 9:49 am. OREX is scheduled to announce a regulatory update on Contrave NDA on June 3, 2011 before the opening bell. Telvent GIT SA (NASDAQ: TLVT) climbed 15.36% to $39.74. TLVT agreed to be bought for $2 billion by...
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BGB Reiterates Hold on TeleTech Holdings
Wednesday, June 1, 2011 - 8:37am | 66BGB is out with its report today on TeleTech Holdings (NASDAQ: TTEC), reiterating Hold. In a note to clients, BGB writes, "We are reiterating our Hold rating and $20 price target after TTEC closed its purchase of eLoyalty's (NASDAQ: ELOY) Interactive Contact Solutions business unit." Shares of...