DailyMarkets.com - Another Half-Billion For L-3 Comm
DailyMarkets.com - Another Half-Billion For L-3 Comm |
- Another Half-Billion For L-3 Comm
- Another Half-Billion For L-3 Comm
- RDY Launches Generic Levaquin
- RDY Launches Generic Levaquin
- RIO To Acquire Riversdale
- RIO To Acquire Riversdale
- Micron Misses In Q3, Shares Tumble
- Micron Misses In Q3, Shares Tumble
- Abbott Boosts Immunology Pipeline
- Excel Trust Issues Shares
- Indian Steel Beckons Harsco
- H&R Block Beats
- Chico’s Prelim Sales & Biz.Update
- Fidelity Bids For Misys
- BHP Invests Further In Canada
- Honeywell’s UOP Wins Contract
- MasterCard Intact At Neutral
- Grainger Still Neutral
- Airbus Edges Boeing In Paris
- Prologis Prices Equity Offer
- China Medical Collaborates To Grow
- Petrobras Evenly Poised
- Petrobras Evenly Poised
- Hot Option Plays: Gold Bugs Get Bit
- Forex – AUD/USD Down In U.S. Trade
- Apple Eyes Nortel Assets
- 1Q GDP Revised Up To 1.9%, Pt. 1
- Amphenol Reiterated At Neutral
- 1Q GDP Revised Up To 1.9%, Pt. 2
- BUY ZSL $19.05 — Silver/Dollar Charts
- Forex – NZD/USD Down During The U.S. Session
- American Capital Offers Shares
- Varian Wins R&D 100 Award
- BSD’s MicroThermX Gains Acceptance
- “Looking At…debt Ceiling Vote Coming Up”
- Forex Trading: USD/CHF Remains Bearish Near All-Time Lows
- Forex – GBP/USD Down In U.S. Trade
- European Markets Mixed At Close; Dax Down 0.39%
- Dollar Rises As Data Clashes With Greek Austerity Issues
Another Half-Billion For L-3 Comm Posted: 24 Jun 2011 12:10 PM PDT L-3 Communications Holdings Inc. (NYSE:LLL) has won a U.S. Missile Defense Agency contract valued at up to $538 million for mission support of the Airborne Sensors Program. |
Another Half-Billion For L-3 Comm Posted: 24 Jun 2011 12:10 PM PDT L-3 Communications Holdings Inc. (NYSE:LLL) has won a U.S. Missile Defense Agency contract valued at up to $538 million for mission support of the Airborne Sensors Program. |
Posted: 24 Jun 2011 12:10 PM PDT Dr. Reddy's Laboratories (NYSE:RDY) recently announced the launch of its generic version of Johnson & Johnson's (NYSE:JNJ) antibiotic drug, Levaquin, in the US. Data from IMS Health reveal that the branded product recorded sales of $1.1 billion in the trailing twelve months ending March 2011. |
Posted: 24 Jun 2011 12:10 PM PDT Dr. Reddy's Laboratories (NYSE:RDY) recently announced the launch of its generic version of Johnson & Johnson's (NYSE:JNJ) antibiotic drug, Levaquin, in the US. Data from IMS Health reveal that the branded product recorded sales of $1.1 billion in the trailing twelve months ending March 2011. |
Posted: 24 Jun 2011 12:10 PM PDT Rio Tinto plc (NYSE:RIO) announced that it plans to acquire the remaining stake in Riversdale Mining Limited. by exercising its right under section 661A (1) of the Australian Corporations Act. |
Posted: 24 Jun 2011 12:10 PM PDT Rio Tinto plc (NYSE:RIO) announced that it plans to acquire the remaining stake in Riversdale Mining Limited. by exercising its right under section 661A (1) of the Australian Corporations Act. |
Micron Misses In Q3, Shares Tumble Posted: 24 Jun 2011 12:10 PM PDT Micron Technology Inc. (NYSE:MU) reported adjusted third quarter 2011 earnings per share of 0 cents, which missed the Zacks Consensus Estimate of 17 cents. |
Micron Misses In Q3, Shares Tumble Posted: 24 Jun 2011 12:10 PM PDT Micron Technology Inc. (NYSE:MU) reported adjusted third quarter 2011 earnings per share of 0 cents, which missed the Zacks Consensus Estimate of 17 cents. |
Abbott Boosts Immunology Pipeline Posted: 24 Jun 2011 12:05 PM PDT Abbott Labs (NYSE:ABT) recently entered into a global agreement with Biotest AG for the development and commercialization of a novel anti-CD4 antibody, BT-061. |
Posted: 24 Jun 2011 12:05 PM PDT Excel Trust, Inc. (EXL), a real estate investment trust (REIT) primarily focusing on retail assets, has recently announced an equity offer of 12.5 million shares at $10.94 each to raise cash to fund acquisition and repay a portion of its debt. The company will also grant the underwriters an option to purchase an additional 1.9 million shares to cover any over-allotments. |
Posted: 24 Jun 2011 12:05 PM PDT Harsco Corporation (NYSE:HSC) has won two major new environmental solutions contracts from JSW Steel Ltd valued at $135 million. The tenure of the contract is 10 years. |
Posted: 24 Jun 2011 12:05 PM PDT H&R Block's (NYSE:HRB) fiscal fourth-quarter 2011 adjusted income came in at $2.20 per share, 5 cents ahead of the Zacks Consensus Estimate. The results also compare favorably with $2.11 per share earned in the year-ago period. Adjusted income for the quarter was $658 million, down 5% from $692 million reported in fourth-quarter 2010. |
Chico’s Prelim Sales & Biz.Update Posted: 24 Jun 2011 12:05 PM PDT Chico’s FAS Inc.'s (NYSE:CHS) preliminary second-quarter revenue increased at a mid-teens percentage rate while comparable store sales climbed by a low double-digit percentage rate. |
Posted: 24 Jun 2011 11:35 AM PDT Fidelity National Information Services Inc. (NYSE:FIS) confirmed its bid for the U.K. based financial software company, Misys. According to analysts, the deal is valued at approximately $2.4 billion. |
Posted: 24 Jun 2011 11:35 AM PDT BHP Billiton Limited (NYSE:BHP) has approved another investment of $488 million to support the development of the Jansen Potash Project in Saskatchewan, Canada. The funding will help in supporting the project's feasibility study related to preparation and procurement of long lead time items. |
Posted: 24 Jun 2011 11:25 AM PDT UOP LLC, a wholly-owned subsidiary of Honeywell International Inc. (NYSE:HON), has agreed to provide key technology to the Abu Dhabi Oil Refining Co. (Takreer) for a new propane dehydrogenation (PDH) unit in the United Arab Emirates. The financial terms of the transaction were not disclosed. |
Posted: 24 Jun 2011 11:25 AM PDT We reiterated our Neutral recommendation on MasterCard Inc. (NYSE:MA) given the current sustainability factor. The company's first quarter operating earnings per share of $4.29 came in significantly ahead of the Zacks Consensus Estimate of $4.10 and $3.46 in the year-ago quarter. |
Posted: 24 Jun 2011 11:25 AM PDT W.W. Grainger Inc.'s (NYSE:GWW) fiscal first quarter 2011 EPS was a record $2.18, up 58% year over year, while revenues climbed 12.6%, both outperforming the relevant Zacks Consensus Estimates. Results were driven by expanding product lines, investments in eCommerce, and enhancement of sales force. |
Posted: 24 Jun 2011 11:25 AM PDT The rivalry in commercial aerospace between goliaths The Boeing Company (NYSE:BA) and EADS, the European owner of aircraft maker Airbus, got hotter at the just concluded 49th Paris Air Show in Le Bourget. Airbus was able to clinch orders and commitments worth $72.2 billion outscoring Boeing's $22 billion. |
Posted: 24 Jun 2011 11:25 AM PDT Prologis Inc. (NYSE:PLD) – the erstwhile AMB Property Corp., has priced its equity offer of 30.0 million common shares at $33.50 each. The secondary offering was announced recently as part of its strategic initiative to raise cash and repay debt. The company has also decided to grant the underwriters an option to purchase an additional 4.5 million shares to cover any over-allotments. |
China Medical Collaborates To Grow Posted: 24 Jun 2011 11:25 AM PDT China Medical Technologies, Inc. (NASDAQ:CMED), a Chinese in-vitro diagnostic firm, recently revealed that its whole subsidiary – Beijing GP Medical Technologies Co. Ltd. (“GP Medical”) has agreed to collaborate with Gaoxin Da An Healthcare Investment Ltd. (“Da An Health”) and jointly market and promote molecular diagnostic know-how for clinical diagnostic applications in China. |
Posted: 24 Jun 2011 11:25 AM PDT We have maintained our Neutral recommendation on Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A. with a price target of $35. |
Posted: 24 Jun 2011 11:25 AM PDT We have maintained our Neutral recommendation on Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A. with a price target of $35. |
Hot Option Plays: Gold Bugs Get Bit Posted: 24 Jun 2011 11:18 AM PDT Cusick’s Corner |
Forex – AUD/USD Down In U.S. Trade Posted: 24 Jun 2011 11:15 AM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> AUD/USD was trading at 1.0508, down 0.15% at time of writing.<br/><br/> The pair was likely to find support at 1.0455, Thursday’s low, and resistance at 1.0651, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Posted: 24 Jun 2011 11:05 AM PDT Apple Inc. (NASDAQ:AAPL) recently received The Federal Trade Commission's (FTC) approval to bid for the intellectual properties of the Canadian telecom equipment manufacturer, Nortel Network. |
1Q GDP Revised Up To 1.9%, Pt. 1 Posted: 24 Jun 2011 11:05 AM PDT This is effectively the same post as I put out when the earlier looks at GDP in the first quarter were released. The numbers from the current release are in italics, while those from the second release are in bold while those from the first release and for previous quarters are in normal font. This allows you to see exactly where the changes in the contributions to growth are coming from. New commentary will be in both bold and italics. Overall this is a slightly positive report. The headline … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Amphenol Reiterated At Neutral Posted: 24 Jun 2011 11:05 AM PDT We recently reiterated our Neutral recommendation on Amphenol Corporation (NYSE:APH), which designs, manufactures and markets electronic and fiber optic connectors, interconnect systems and coaxial and high-speed specialty cable. |
1Q GDP Revised Up To 1.9%, Pt. 2 Posted: 24 Jun 2011 11:05 AM PDT (To see the first part of this analysis, please click here.) Second Quarter Projection Second quarter growth looks like it will probably come in close to the 1.9% level of the first quarter. That means that second-half growth will have to average 3.7% to get the whole year to 2.8%. We will need a lot of strength from net exports in the second half to get us there. However, if we can start to replace imported oil with domestically produced energy we could substantially boost the overall rate … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
BUY ZSL $19.05 — Silver/Dollar Charts Posted: 24 Jun 2011 10:54 AM PDT This morning I doubled my position in Proshares Ultrashort Silver ETF (ZSL) with this buy at $19.05. A reader wrote to inquire about the possible upside on ZSL, I got to looking at it, and what I saw convinced myself to buy more. Click on any chart to ENLARGE In considering the possibilities for ZSL I made this 6 month daily chart and noted some of my observations. At what appeared to be various possible destinations upside, I provide the corresponding low price that XSLV traded … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – NZD/USD Down During The U.S. Session Posted: 24 Jun 2011 10:45 AM PDT Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Friday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> NZD/USD was trading at 0.8114, down 0.31% at time of writing.<br/><br/> The pair was likely to find support at 0.8046, Monday’s low, and resistance at 0.8194, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
American Capital Offers Shares Posted: 24 Jun 2011 10:40 AM PDT American Capital Agency Corp. (AGNC) recently issued a public offering of 43.2 million shares worth approximately $1.2 billion. The offering is expected to close on June 28, 2011. In a bid to cover over-allotments, the company will provide a 30-day option to the underwriters for purchasing an additional 6.5 million shares. |
Posted: 24 Jun 2011 10:35 AM PDT Leading integrated radiotherapy systems maker Varian Medical Systems (NYSE:VAR) recently disclosed that its image guided radiotherapy and radiosurgery system (TrueBeam) is the recipient of a 2011 R&D 100 Award conferred by R&D Magazine. This yearly felicitation recognizes 100 technologically superior products from the previous year. |
BSD’s MicroThermX Gains Acceptance Posted: 24 Jun 2011 10:35 AM PDT Cancer treatment systems maker BSD Medical Corp. (NASDAQ:BSDM) recently revealed acceptance of its MicroThermX Microwave Ablation System ("MicroThermX") at the World Conference on Interventional Oncology ("WCIO") convened in New York City, between June 9 and 12, 2011. The two technical presentations, showcasing the benefits of the MicroThermX system, were the cynosure of the WCIO convention. |
“Looking At…debt Ceiling Vote Coming Up” Posted: 24 Jun 2011 10:29 AM PDT 06/24/11 OnPoint Executions’ Bobby Heller weighs in on this week’s volatility and discusses the upcoming earnings … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex Trading: USD/CHF Remains Bearish Near All-Time Lows Posted: 24 Jun 2011 10:25 AM PDT USD/CHF (daily chart) as of Friday (6/24/2011) has continued to consolidate near the all-time low of 0.8325 that was just established earlier this month. This occurs within the context of a long-term, medium-term, as well as short-term bearish trend that has been displaying strong technical characteristics. The most recent short-term bearish leg initiated when the important 0.8550 level, which was key prior support, held strong as current resistance. Now re-testing the all-time low, price is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Forex – GBP/USD Down In U.S. Trade Posted: 24 Jun 2011 10:00 AM PDT Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Core Durable Goods Orders.<br/><br/> GBP/USD was trading at 1.5976, down 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.5938, Thursday’s low, and resistance at 1.6262, Wednesday’s high.<br/><br/> Earlier in the day, official data showed that U.S. core durable goods orders rose less-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
European Markets Mixed At Close; Dax Down 0.39% Posted: 24 Jun 2011 09:55 AM PDT Forex Pros – European stocks were mixed after the closing bell on Friday.<br/><br/> At the close of European trade, Germany’s DAX fell 0.39%, London’s FTSE 100 gained 0.41%, France’s CAC 40 declined 0.08% and the EURO STOXX 50 was down 0.55%.<br/><br/> Earlier in the day, data showed that Germany’s Ifo business climate rose unexpectedly to 114.5 last month, from 114.2 in the preceding month.<br/><br/> Analysts had … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
Dollar Rises As Data Clashes With Greek Austerity Issues Posted: 24 Jun 2011 04:30 AM PDT 06/24/11 The dollar has continued its ise today following another session of economic data clashing with Greek austerity plan … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards |
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