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July 06, 2011
On the call side, Blackstone Group (NYSE:BX) calls are trading at close to 8 times their average volume on news that the company could be planning several acquisitions. VirnetX (NYSE:VHX) calls ...
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July 06, 2011
Permira is the frontrunner to buy Genesys, an Alcatel-Lucent (NYSE:ALU) unit, in a report by Reuters. According to sources familiar with the situation, Permira is offering $1.3B and the process ...
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July 06, 2011
Viacom’s (NYSE:VIA.B) Paramount will start producing one animated film a year in 2014 via the launch of it's new unit, Paramount Animation.Paramount's distribution relationship ...
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July 06, 2011
Real estate website Zillow filed to sell 3.46M shares in an initial public offering expected to price between $12.00 and $14.00 per share. Concurrent with the closing of the offering, existing ...
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July 06, 2011
Merriman downgraded Netflix (NASDAQ:NFLX) based on valuation, difficult margin comps, inreased international spending, and higher costs to new content agreements. The first set their price target ...
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July 06, 2011
Siemens AG (NYSE: SI) plans to undertake its first solar-thermal power plant within two months.The company is requesting financing for projects that will triple its capacity, according to the ...
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July 06, 2011
Good Morning. It’s Wednesday, July 6, 2011. At this hour, U.S. equity futures are down. Overseas, the Asian markets were mixed, while the European markets are lower. DST Systems (NYSE:DST) ...
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July 06, 2011
Walgreens (NYSE:WAG) had June sales of $6.04 billion, up 6.8% year-over-year. Total front-end sales increased 6.4% in June, while comparable store front-end sales rose 4.7%. Customer traffic in ...
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July 06, 2011
AAR (NYSE: AIR) announced that it has been awarded a five-year contract to provide lightweight, multi-purpose shelters for the U.S. Army, valued up to $14M.The Company was also awarded a ...
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July 06, 2011
Permira is the frontrunner to buy Genesys, an Alcatel-Lucent (NYSE:ALU) unit, in a report by Reuters. According to sources familiar with the situation, Permira is offering $1.3B and the process ...
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July 06, 2011
Warner Music Group (NYSE:WMG) announced that at a special meeting of stockholders held earlier. Stockholders voted to adopt the previously announced merger agreement with Airplanes Music LLC and ...
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July 06, 2011
Citigroup upgraded FXCM Inc (NASDAQ:FXCM) to hold from sell and lifted its price target to $11 from $7.The bank sees 2011 EPS of $0.65, up from $0.58 per share, and 2012 EPS of $0.87, up from ...
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July 06, 2011
Citigroup raised its 2011 and 2012 EPS estimates for Danaher Corp. (NYSE:DHR) and maintained its buy rating and $64 price target.The bank sees 2011 EPS of $2.82, up from $2.75 per share, vs. ...
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July 06, 2011
Everclear frontman Art Alexakis talks about going solo in between the band’s albums.
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July 06, 2011
Citigroup lowered its 2012 EPS estimate for Campbell Soup (NYSE:CPB) and maintained its hold rating and $36 price target.The bank sees 2011 EPS of $2.45, in line with consensus estimates, and ...
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July 06, 2011
It was another day of light trading on Wall Street, as markets continued to inch higher, despite a dip in the ISM non-manufacturing index which fell to 53.3 in June. Economists had expected that ...
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July 06, 2011
In trading on Wednesday, advertising shares were relative laggards, down on the day by about 0.9%. Helping drag down the group were shares of MDC Partners (MDCA), down about 3.7% and shares of ...
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July 06, 2011
When NASAs 30-year Space Shuttle program officially ends on July 8th with the launch of the Space Shuttle Atlantis, more than 7,000 people will lose their jobs at the Kennedy Space Center ...
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July 06, 2011
In trading on Wednesday, trucking shares were relative leaders, up on the day by about 1.9%. Leading the group were shares of Arkansas Best (ABFS), up about 7.8% and shares of Con-way (CNW) up ...
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July 06, 2011
After the bell on Tuesday, RPM International (RPM) declared its quarterly dividend of 21 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock ...
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