Cell Therapeutics ( CTIC ) suffered a net loss of $51.0 million (6 cents per share) in the first quarter of 2011, compared with a net loss of $44.2 million (7 cents per share) in the year-ago quarter. The lower loss per share in the reported quarter was due to a higher share count (878 million versus 598.9 million a year ago). […]
Greatbatch ( GB ) reported first-quarter fiscal 2011 adjusted (excluding one-time items) earnings per share of 46 cents, topping the Zacks Consensus Estimate of 39 cents and the year-ago earnings of 32 cents. Profit (as reported) more than doubled year over year to $11.9 million (or 51 cents a share) as the Clarence, New York-based company’s revenues increased at a double-digit clip. […]
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Intuitive Surgical ( ISRG ) reported favorable first-quarter 2011 results. Earnings per share came in at $2.59, beating the Zacks Consensus Estimate of $2.49 and the year-ago figure of $2.12. First Quarter Review Revenues increased 18% year over year to $388 million, beating the Zacks Consensus Estimate by $9 million […]
The death of the Osama bin Laden at the hands of U.S. Special Forces in a Pakistani city last night is major news on the global terrorism front. […]
Consolidation Services Inc., Announces Definitive Agreement to Acquire Elkhorn Goldfields Inc and Montana Tunnels Mining Inc PR Newswire LAS VEGAS, May 2, 2011 LAS VEGAS , May 2, 2011 /PRNewswire/ — Consolidation Services Inc. (“CNSV” or the “Company”) (OTCBB: CNSV), announced today that it has, through its wholly owned subsidiary, CSI Resources Inc., entered into a definitive Stock Purchase Agreement (“SPA”) to acquire Elkhorn Goldfields Inc (“EGI”) and Montana Tunnels Mining Inc (“MTMI”) from Elkhorn Goldfields LLC. […]
Next Generation Energy Corp. Acquires Royalty Interest in Texas Natural Gas and Oil Property — One Of Most Prolific Oil and Gas Formations — PR Newswire LORTON, Va., May 2, 2011 LORTON, Va. […]
WTP Advisors Acquires World-Class Transfer Pricing Firm New Division to Become WTP Cross Border PR Newswire WHITE PLAINS, N.Y., May 2, 2011 WHITE PLAINS, N.Y. , May 2, 2011 /PRNewswire/ — WTP Advisors , the award-winning tax and business advisory firm, has acquired the transfer pricing and international structuring business of Michael J. […]
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Legend Natural Gas IV, LP Closes on $900 Million Barnett Shale Acquisition Three Legend Partnerships Merged into One Holding Company PR Newswire HOUSTON, May 2, 2011 HOUSTON , May 2, 2011 /PRNewswire/ — The Legend Natural Gas partnerships (composed of Legend Natural Gas II, LP, Legend Natural Gas III, LP and Legend Natural Gas IV, LP, collectively referred to as “Legend”), along with their equity sponsor Riverstone Holdings LLC (“Riverstone”), today announced the execution of several transactions which will significantly increase reserves and production, improve operational and administrative efficiencies and position Legend for future growth. Chief among the transactions: The three existing Legend partnerships were contributed into a new holding company called Legend Production Holdings, LLC (“Legend Production”). […]
Late last week, the chairman of Berkshire Hathaway Inc. ( BRK.A ) ( BRK.B ), Warren Buffett, announced the preliminary result for the first quarter of 2011. Operating earnings is expected to come in at $1.6 billion, down 27% from $2.2 billion registered in the last-year quarter. […]
Mack-Cali Realty Corp. ( CLI ) reported first quarter 2011 FFO (fund from operations) of $67.3 million or 70 cents per share, compared to $66.5 million or 72 cents per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income […]
Quanta Services Inc. ( PWR ) is slated to release first-quarter 2011 results on Wednesday, May 4. […]
Aurora Capital Group Completes Acquisition of TruGreen LandCare PR Newswire LOS ANGELES, May 2, 2011 LOS ANGELES , May 2, 2011 /PRNewswire/ — Aurora Capital Group, a Los Angeles -based private equity firm with over $2.0 billion of assets under management, today announced that an affiliate has successfully completed the acquisition of TruGreen LandCare from The ServiceMaster Company. TruGreen LandCare is a leading U.S. […]
The second-largest U.S. mobile service provider AT&T Inc. […]
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Itron Inc. ( ITRI ) reported first quarter results, registering a GAAP EPS of 66 cents versus 62 cents during the year-earlier quarter. […]
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