DailyMarkets.com - Not Buying It
DailyMarkets.com - Not Buying It |
- Not Buying It
- 2 More States Report Sept. Tax Increases Vs. 2009
- Salix Drug Approval Date Pushed Out
- AEP To Buy Solar Power
- Shell’s Prelude Approval Deferred
- Southern Company Boosts Solar Energy
- Good News For ZOLL’s LifeVest
- Orphan Status For PBTH Drug
- Senior Notes From CB Richard Ellis
- Patterson-UTI Rig Count Grows
- Patterson-UTI Rig Count Grows
- Costco Earnings Rise
- BMC Acquires Software Unit
- Arrow Buys Richardson RFPD
- General Dynamics Wins Navy Contract
- Steve Eisman Named As The Defendants’ Co-Conspirator In Lawsuit
- FTI Consulting Upgraded
- WPP Upgraded To Outperform
- Digital River Looks At Solid Growth
- Joel Greenblatt’s Reading List
- BJ’s 2010 Expansion Almost Complete
- Praxair Completes Altamira Complex
| Posted: 06 Oct 2010 04:28 PM PDT According to one retail industry trade group, things are looking up in the months ahead: |
| 2 More States Report Sept. Tax Increases Vs. 2009 Posted: 06 Oct 2010 03:10 PM PDT 1. Texas collected sales tax revenue totalling $1.57 billion in September, up by 6.8 percent from September 2009. “This increase is significantly larger than recent monthly gains which have been in the 0 to 2 percent range," said Texas Comptroller Susan Combs. "Sales tax increases were posted across almost all sectors, including oil and gas, construction, manufacturing, wholesale trade, retail trade and restaurants." 2. Indiana collected $1.16 billion in September–$28.9 … [visit site to read more] |
| Salix Drug Approval Date Pushed Out Posted: 06 Oct 2010 03:05 PM PDT The US Food and Drug Administration (FDA) recently extended its action date for Salix Pharmaceuticals, Ltd.'s (NASDAQ:SLXP) New Drug Application for Xifaxan (rifaximin) 550 mg. Salix is looking to get Xifaxan 550 mg approved for the treatment of non-constipation irritable bowel syndrome (IBS) and IBS-related bloating. |
| Posted: 06 Oct 2010 02:35 PM PDT AEP Ohio, a unit of American Electric Power (NYSE:AEP), will buy solar energy from the 49.9 megawatt (MW) solar generating facility to be developed by Turning Point Solar, a joint venture of Agile Energy Inc. and New Harvest Power, in Southeastern Ohio. |
| Shell’s Prelude Approval Deferred Posted: 06 Oct 2010 02:00 PM PDT The Australian government has deferred a decision on energy major Royal Dutch Shell Plc’s (RDS.A) proposed Prelude floating liquefied natural gas (LNG) project for a fourth time. The environmental review for the development – located in the Browse basin off northwestern Western Australia – was expected on the first of October but was pushed back as new Environment Minister Tony Burke evaluates the venture. The government approval to the $5.7 billion project will pave the way for a final … [visit site to read more] |
| Southern Company Boosts Solar Energy Posted: 06 Oct 2010 02:00 PM PDT Georgia Power, the largest subsidiary of Southern Company (SO), received permission from the state regultors for a new tariff, which will help the utility company to nearly double its purchases of solar energy. The latest tariff plan will be effective from January 1, 2011. |
| Posted: 06 Oct 2010 02:00 PM PDT Resuscitation devices maker ZOLL Medical's (NASDAQ:ZOLL) LifeVest Wearable Defibrillator has been reportedly prescribed to more than 30,000 patients at high risk of sudden cardiac arrest (SCA) by their physicians, representing another major milestone for the company. |
| Posted: 06 Oct 2010 02:00 PM PDT Prolor Biotech, Inc. (PBTH) recently announced that its longer-acting version of the human growth hormone, hGH-CTP, has been granted orphan drug status by the US Food and Drug Administration (FDA). |
| Senior Notes From CB Richard Ellis Posted: 06 Oct 2010 02:00 PM PDT CB Richard Ellis Group Inc. (NYSE:CBG), the world's largest commercial real estate services firm (on the basis of 2009 revenues), has recently announced an offer to sell 6.63% senior notes due 2020 worth $350 million. BofA Merrill Lynch, the investment banking and wealth management division of Bank of America Corporation (NYSE:BAC); Credit Suisse Group (NYSE:CS); HSBC Holdings plc (NYSE:HBC); and Barclays plc (NYSE:BCS) are acting as joint book-running managers for the offering. |
| Posted: 06 Oct 2010 01:35 PM PDT Onshore contract driller Patterson-UTI Energy Inc. (PTEN) declared its September 2010 drill rig count to average at 184, up from 180 in the previous month. The company operated 175 rigs in the U.S. and 9 in Canada in September, compared with 171 rigs in the U.S. and 9 rigs in Canada during August. |
| Posted: 06 Oct 2010 01:35 PM PDT Onshore contract driller Patterson-UTI Energy Inc. (PTEN) declared its September 2010 drill rig count to average at 184, up from 180 in the previous month. The company operated 175 rigs in the U.S. and 9 in Canada in September, compared with 171 rigs in the U.S. and 9 rigs in Canada during August. |
| Posted: 06 Oct 2010 01:35 PM PDT Costco Wholesale Corporation (COST), one of the leading U.S. warehouse club operators, recently posted better-than-expected fourth-quarter 2010 results. The quarterly earnings of 97 cents pershare topped the Zacks Consensus Estimate of 95 cents, and rose 14.1% from 85 cents earned in the prior-year quarter. |
| Posted: 06 Oct 2010 01:35 PM PDT Milan-based Neptuny Software is the leading provider of Information Technology (IT) Performance Optimization, as well as Capacity and Virtualization Planning solutions. Neptuny's Caplan solution, which is basically a Capacity Planning solution for large data centers and networks, facilitates organizations in planning their capacity needs for business processes. Caplan has been successfully adopted by major customers such as Vodafone Group plc (VOD), Unicredit Group, Expedia Inc. (EXPE), … [visit site to read more] |
| Posted: 06 Oct 2010 01:05 PM PDT Electronic parts distributor Arrow Electronics, Inc. (NYSE:ARW) recently announced that it will acquire all of the assets and operations of the RF, Wireless and Power Division of Richardson Electronics, Ltd. (NASDAQ:RELL) for $210 million. |
| General Dynamics Wins Navy Contract Posted: 06 Oct 2010 01:05 PM PDT Aerospace and defense company General Dynamics Corporation (GD) announced that its subsidiary Bath Iron Works has received a contract worth $33.7 million from the U.S. Navy. The new contract is a continuation of the initial contract awarded in November 2005. The company will provide lead yard services for the Navy's DDG 51 Arleigh Burke-class AEGIS destroyer program. |
| Steve Eisman Named As The Defendants’ Co-Conspirator In Lawsuit Posted: 06 Oct 2010 12:45 PM PDT Steve Eisman I got passed an interesting tip yesterday that Steve Eisman is currently being named as the Defendants' Co-Conspirators in a lawsuit between two colleges. |
| Posted: 06 Oct 2010 12:35 PM PDT FTI Consulting Inc. (NYSE:FCN), the global business advisory firm, has been upgraded to Neutral from Underperform. The company provides specialized consulting services across 35 U.S. cities and 21 foreign countries. |
| Posted: 06 Oct 2010 12:35 PM PDT We have upgraded our rating for WPP Group Plc (NASDAQ:WPPGY) from Neutral to Outperform based on a positive outlook for the second half of 2010. |
| Digital River Looks At Solid Growth Posted: 06 Oct 2010 12:35 PM PDT In a recent filing with the Securities and Exchange Commission (SEC), Digital River Inc. (NASDAQ:DRIV) stated that it expects revenue growth to reach approximately 20% in 2011. |
| Joel Greenblatt’s Reading List Posted: 06 Oct 2010 12:20 PM PDT I am proud to announce that a new page has been added to Value Walk. The new page can be found on the top menu bar under the books tab. Joel Greenblatt in addition to being a great investor is also a professor at Columbia's Business School. He teaches a class titled "Value and Special Situation Investing". |
| BJ’s 2010 Expansion Almost Complete Posted: 06 Oct 2010 12:05 PM PDT BJ's Restaurants Inc. (NASDAQ:BJRI) announced that it has opened a new restaurant in Puente Hills, California. This new restaurant, covering 8,500 square feet, accommodates a seating arrangement for 280 guests. |
| Praxair Completes Altamira Complex Posted: 06 Oct 2010 12:05 PM PDT Praxair Mexico announced the completion of Altamira Complex situated on the northeast coast of Mexico. The company started a new packaged gas facility at this industrial corridor, which is the company's concluding part of investments to satisfy a growing demand. |
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