(JEF) Jefferies Group, Inc. – Momentum – Zacks Rank Buy
Jefferies Group, Inc. (JEF) pre-released very impressive second-quarter results on June 24 that are far ahead of analyst expectations. Company Description Jefferies Group, Inc., with its subsidiaries,...
View Article(ZION) Zions Prices $125 Million in Preferred Stock
On Friday, Zions Bancorp. (ZION) announced that it has priced 5 million preferred shares worth $125 million at an initial public offering price of $25 per depositary share. The offering is priced at an...
View Article(VRX) Biovail and Valeant Pharmaceuticals International to Merge
Recently, Valeant Pharmaceuticals International (VRX) and Canadian drugmaker Biovail Corp. (BVF) announced that they have agreed to merge, thereby creating a new company that will operate under the...
View Article(BAC) Company News for August 25, 2010 – Corporate Summary
• Big Lots (NYSE:BIG) reported second quarter earnings one cent better than Zacks expectations at 48 cents per share, as revenues rose 5.2% to $1.14 billion, slightly below Zacks expectations of $1.5...
View Article(APD) Company News for September 7, 2010 – Corporate Summary
• Air Products & Chemicals (NYSE:APD) raised its offer for Airgas (NYSE:ARG) to $65.50 from $63.50 per share, equalling $5.5 billion • Oracle (NASDAQ:ORCL) announced the appointment of former...
View Article(APD) Company News for September 7, 2010 – Corporate Summary
• Air Products & Chemicals (NYSE:APD) raised its offer for Airgas (NYSE:ARG) to $65.50 from $63.50 per share, equalling $5.5 billion • Oracle (NASDAQ:ORCL) announced the appointment of former...
View Article(AAPL) Company News for September 10, 2010 – Corporate Summary
• National Semiconductor (NYSE:NSM) posted fiscal first quarter results of 36 cents a share, one cent below estimates, on revenues of $412 million, below consensus projections of $415 million. The...
View Article(PBM) Catalyst Health Solutions Acquires FutureScripts
Expanding its pharmacy benefit management (PBM) solutions, on Monday, Catalyst Health Solutions Inc. (CHSI) announced the purchase of all the PBM units of Independence Blue Cross (IBC) ? FutureScripts...
View Article(BHP) Company News for September 17, 2010 – Corporate Summary
• Johnson & Johnson (NYSE:JNJ) is reportedly planning to buy its remaining stake in Dutch biopharmaceutical firm Crucell (NASDAQ:CRXL), in a deal valued at $2.29 billion • Goldman Sachs (NYSE:GS)...
View Article(ADBE) Company News for September 22, 2010
• Adobe Systems (NASDAQ:ADBE) reported fiscal third-quarter earnings of 54 cents a share, a nickel higher than anticipated, on revenues, up 42% to $990 million, versus estimates of $985 million. For...
View Article(AAPL) Company News for September 24, 2010 – Corporate Summary
• Nike (NYSE:NKE) shares ran higher after the close following its report of fiscal first quarter earnings that topped estimates by 13 cents, posting at $1.14 on revenues of $5.2 billion, up 8% from...
View Article(AAPL) Company News for November 11, 2010 – Corporate Summary
• Wal-Mart (NYSE:WMT) said it will offer free shipping on its website through December 20 • Research In Motion (NASDAQ:RIMM) said it will offer its BlackBerry PlayBook tablet computer for less than...
View Article(AMSC) American Superconductor to Offer 4.6 Million Shares
Power technologies company, American Superconductor Corporation (AMSC) has recently announced plans to offer 4.6 million common shares to raise funds for capital expansion programs. The company will...
View Article(BMS) Company News for November 24, 2010 – Corporate Summary
• Eli Lilly (NYSE:LLY) received FDA approval for its topical solution drug Axiron, for testosterone replacement therapy in men • Tiffany (NYSE:TIF) reported estimate-beating third quarter earnings of...
View Article(BAC) Company News for December 1, 2010 – Corporate Summary
• State Street (NYSE:STT) said it will lay off 1,400 jobs, or 5% of its workforce • RLI (NYSE:RLI) said it will pay a $7.00 per share special dividend • Bank of America (NYSE:BAC) initiated coverage of...
View Article(ABB) Company News for November 30, 2010 – Corporate Summary
• Zurich-based ABB (NYSE:ABB) said it agreed to buy Baldor Electric (NYSE:BEZ) for $4.2 billion, or $63.50 per share • Google (NASDAQ:GOOG) is rumored to be in talks with online discounter Groupon, in...
View Article(ANF) Company News for December 6, 2010 – Corporate Summary
• Rio Tinto (NYSE:RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining • Barron’s wrote favorably on Big Lots (NYSE:BIG) on valuation merits...
View Article(AAPL) Company News For December 14, 2010 – Corporate Summary
• Pfizer (NYSE:PFE) announced a quarterly dividend increase of 11% to $0.20 • Sanderson Farms (NASDAQ:SAFM) reported fiscal fourth quarter earnings of $2.08, beating Zacks Consensus Estimate of $1.69,...
View Article(AAPL) Company News for December 21, 2010 – Corporate Summary
• Toronto-Dominion (NYSE:TD) announced plans to acquire Chrysler Financial for $6.3 billion • Royal DSM said it would acquire Martek Biosciences (NASDAQ:MATK) for $1.09 billion, or $31.50 per share •...
View Article(AAPL) Company News for December 21, 2010 – Corporate Summary
• Toronto-Dominion (NYSE:TD) announced plans to acquire Chrysler Financial for $6.3 billion • Royal DSM said it would acquire Martek Biosciences (NASDAQ:MATK) for $1.09 billion, or $31.50 per share •...
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