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Mad Money Lightning Round: Cramer Advises Investors To Buy Alcoa (TTWO, BBY, MOTR, AA, NG, FGP, NRGY)
Thursday, December 16, 2010 - 5:05am | 235On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Take-Two Interactive (NASDAQ: TTWO) is a “bad stock and I'm a seller. Best Buy (NYSE: BBY) said that video games were bad. I want you to sell it." For Motricity (NASDAQ: MOTR), he said, "I've been holding off waiting for a...
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Ellen Ruff to Retire from Duke Energy
Wednesday, December 15, 2010 - 4:38pm | 28Ellen Ruff, president, office of nuclear development, will retire from Duke Energy (NYSE: DUK) at the end of the year.
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Market Roundup
Wednesday, December 15, 2010 - 1:25pm | 285US tech stocks rose, with the Nasdaq Composite Index gaining about 0.28%. The gainers in the list included Apple Inc (NASDAQ: AAPL) and Cisco Systems Inc (NASDAQ: CSCO). Shares of Broadcom Corp. (NASDAQ: BRCM) declined about 2% after the company gave a mixed Q4 outlook. Shares of Cypress Bioscience...
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NRG Energy Acquires Solar Unit - Analyst Blog
Wednesday, December 15, 2010 - 1:00pm | 517Energy generation company NRG Energy Inc. (NRG) announced that its unit NRG Solar has acquired a 290 megawatt (MW) solar project from First Solar Inc. (FSLR). This acquisition cements NRG Energy's alliance with First Solar, as the latter has recently agreed to assist NRG Energy to develop...
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Bearish MACD for MDU - Tale of the Tape
Wednesday, December 15, 2010 - 12:33pm | 116MDU Resources Group, Inc.'s (MDU) MACD indicator has moved into bearish territory with a reading of -0.0475. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $20.22 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending 2010 has decreased by 2...
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NRG Energy Acquires Solar Unit - Analyst Blog
Wednesday, December 15, 2010 - 12:30pm | 517Energy generation company NRG Energy Inc. (NRG) announced that its unit NRG Solar has acquired a 290 megawatt (MW) solar project from First Solar Inc. (FSLR). This acquisition cements NRG Energy's alliance with First Solar, as the latter has recently agreed to assist NRG Energy to develop...
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Company News for December 15, 2010 - Corporate Summary
Wednesday, December 15, 2010 - 11:33am | 638• Joy Global (NASDAQ:JOYG) reported fiscal fourth quarter earnings of $1.39, ahead of the Zacks Consensus Estimate of $1.16, on revenues of $1.05 billion that topped the Zacks Consensus Estimate of $925.0 million. The firm provided upside 2011 guidance of $5.00-$5.30, above the Zacks Consensus...
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Company News for December 15, 2010 - Corporate Summary
Wednesday, December 15, 2010 - 11:10am | 638• Joy Global (NASDAQ:JOYG) reported fiscal fourth quarter earnings of $1.39, ahead of the Zacks Consensus Estimate of $1.16, on revenues of $1.05 billion that topped the Zacks Consensus Estimate of $925.0 million. The firm provided upside 2011 guidance of $5.00-$5.30, above the Zacks Consensus...
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Bearish MACD for MDU - Tale of the Tape
Wednesday, December 15, 2010 - 11:04am | 116MDU Resources Group, Inc.'s (MDU) MACD indicator has moved into bearish territory with a reading of -0.0475. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $20.22 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending 2010 has decreased by 2...
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Credit Suisse's U.S. Alert
Wednesday, December 15, 2010 - 10:19am | 236Credit Suisse is out with its U.S. Alert on the following companies: Coverage Initiations: TJX Companies (NYSE: TJX) with a Neutral rating and $50 price target. Coach, Inc. (NYSE: COH) with an Outperform rating and $70 price target. Gap (NYSE: GPS) with an Outperform rating and $26 price target....
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Wunderlich Maintains Buy On NRG Energy (NRG)
Wednesday, December 15, 2010 - 8:49am | 145Wunderlich Securities is maintaining its Buy rating and $24 price target on shares of NRG Energy, Inc. (NYSE: NRG). In a note sent to clients Wunderlich writes, "Late yesterday, NRG Energy announced a contingent agreement with First Solar (FSLR-$137.04, Sell) to acquire a 290-megawatt (MW) solar...
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Dynegy to Be Acquired by Icahn Enterprises LP for $5.50 Per Share
Wednesday, December 15, 2010 - 8:29am | 72Dynegy Inc. (NYSE: DYN) earlier today announced that its Board of Directors has unanimously approved a definitive agreement to be acquired by Icahn Enterprises LP (NYSE: IEP) in a tender offer followed by a merger for $5.50 per share in cash, or approximately $665 million in the aggregate. Dynegy...
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NRG to Acquire Solar Project from First Solar
Tuesday, December 14, 2010 - 5:29pm | 88NRG Energy, Inc. (NYSE: NRG) and First Solar, Inc. (Nasdaq: FSLR) today announced that NRG, through its wholly owned subsidiary, NRG Solar, has agreed to acquire the 290-megawatt Agua Caliente solar project from First Solar. The project is scheduled to be completed by 2014 and has a 25-year power...
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PNM Resources Board Declares Dividend of 12.5 Cents
Tuesday, December 14, 2010 - 3:59pm | 76The Board of Directors of PNM Resources (NYSE: PNM) today declared the regular quarterly dividends of $0.125 per share on its common stock and $1.25 per share on its convertible preferred Series A stock, of which each share is convertible into 10 shares of common stock. The indicated annual rate...
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PG&E to Hold News Conference on NTSB Report
Tuesday, December 14, 2010 - 3:45pm | 39Pacific Gas and Electric Company (NYSE: PCG) will hold an audio news conference to discuss the National Transportation Safety Board's report released today on the tragic pipeline accident in San Bruno.