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Morning Movers 5/10: ENCO, ING, CPII, KRG, BCS, AIB H...By admin on May 11th, 2010 | No Comments
Dean Foods (NYSE: DF) 27.3% LOWER; reports Q1 EPS of $0.23, ex-items, 5 cents lower than the analyst estimate of $0.28. Revenue for the quarter was $2.97 billion, which compares to the estimate of $2.93 billion. Sees Q2 adj-EPS of $0.23-$0.28, versus the consensus of $0.41. Suspends FY10 outlook. Encorium Group, Inc. (Nasdaq: ENCO) 27.1% HIGHER; to... -
Notable Analyst Rating Changes 05/10: YHOO, BA, FTI, ...By admin on May 11th, 2010 | No Comments
UPGRADES Susquehanna upgrades Yahoo! (Nasdaq: YHOO) to Positive, price target $19. Click Here for more color. Goldman Sachs upgrades Boeing (NYSE: BA) from Neutral to Buy and adds the stock to its Conviction Buy List with a $90 price target. Click Here for more color. FMC Technologies (NYSE: FTI) gets an upgrade from two firms today: Capital One... -
Notable Mergers and Acquisitions of the Day 05/10: CP...By admin on May 11th, 2010 | No Comments
CPI International, Inc. (Nasdaq: CPII) signed a definitive merger agreement to be acquired by Comtech Telecommunications Corp. (Nasdaq: CMTL) in a cash and stock transaction with an enterprise value of approximately $472.3 million. The ultimate amount of consideration that a CPI shareholder will receive will be equal to a combination of $9.00 in ... -
Markets rally runs out of steamBy admin on May 11th, 2010 | No Comments
European Central Bank enters uncharted territory by buying eurozone government bonds as part of a massive financial support scheme that eases pressure on the area’s most indebted countries. However, the positive impact on the markets might be short-lived ... -
Downing Street doubts trouble London sharesBy admin on May 11th, 2010 | No Comments
Deepening uncertainty about the probable make-up of the UK’s next government put the FTSE 100, sterling and gilts back under pressure ... -
Eurozone fears limit Nikkei’s advanceBy admin on May 11th, 2010 | No Comments
Doubts over Greek debt cuts and weakness in the euro keep gains in Tokyo stocks from matching those of US equity markets, while Mizuho Financial falls on reports of an $8.7bn share issue ... -
FTSE rebounds amid eurozone debt moveBy admin on May 11th, 2010 | No Comments
The London stock market inspired by moves to avert a sovereign debt crisis and reached its biggest daily gain since December 2008 ... -
Euphoria over eurozone rescue packageBy admin on May 11th, 2010 | No Comments
The massive emergency funding facility agreed by the European Union and the International Monetary Fund calms investor fears ... -
Wall St sees biggest rally in over a yearBy admin on May 11th, 2010 | No Comments
US stock prices surged as markets welcomed a package announced over the weekend to address some of the eurozone’s sovereign debt problemss ... -
Bail-out deal whips up European boursesBy admin on May 11th, 2010 | No Comments
European shares surge as global policymakers agree to a massive financial aid package to help stem the flow of capital from eurozone government bond markets ...
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