Month: July 2011

Stock Analysts

General Dynamics Issues $1.5B Debts (BA) (GD) (LMT) (TXT)

July 6, 2011 0

Media reports say that defense contractor General Dynamics Corporation ( GD ) issued $1.5 billion debts with an intention to utilize a part of the proceeds to repay the principal of its $750 million outstanding bonds that are maturing July 15. The $1.5 billion debts were issued by the company in three tranches of $500 million each. The offer price of the bonds for the first series was $99.84 (per $100.00 principal), and is supposed to yield 1.375% when held till maturity, January 15, 2015 […]

Stock Analysts

American Axle Remains Neutral (AXL) (F) (GM) (PCAR) (VOLVY)

July 6, 2011 0

We reiterate our Neutral recommendation on American Axle & Manufacturing Holdings In c. ( AXL ), which is a leading supplier of driveline systems, modules and components for the light vehicle market. The company makes axles, driveshafts and chassis components for light trucks, sport utility vehicles (SUVs) and passenger cars […]

Economic Data

ADP Results Expected Thursday – Ahead of Wall Street (ADP) (MCO)

July 6, 2011 0

Wednesday, July 6, 2011 This is Mark Vickery, editor at Zacks.com, covering Ahead of Wall Street from Sheraz Mian while he is away this week. While the ADP (ADP) employment report for June has been pushed back from today, Wednesday the 6th to Thursday the 7th, investors will need to cool their heels before trading on economic sentiment based on employment numbers. This Friday, the Bureau of Labor Statistics (BLS) is scheduled to release its non-farm payroll report, but the ADP numbers temper expectations in the market, as ADP is the largest private-sector payroll processor. […]

Economic Data

July 06: ADP Figures Late This Morning – Economic Highlights

July 6, 2011 0

While the ADP (ADP) employment report for June remains missing in action this morning, investors will need to cool their heels before trading on economic sentiment based on employment numbers. This Friday, the Bureau of Labor Statistics (BLS) is scheduled to release its non-farm payroll report, but the ADP numbers temper expectations in the market, as ADP is the largest private-sector payroll processor. […]

Climate Savers Computing Targets Seamless Interaction Between Power Management and Software Apps

July 6, 2011 0

Climate Savers Computing Targets Seamless Interaction Between Power Management and Software Apps Round-table at IEEE Green Computing Conference to address harmonization of software and power management PR Newswire ORLANDO, Fla., July 6, 2011 ORLANDO, Fla. , July 6, 2011 /PRNewswire/ — Climate Savers Computing Initiative (CSCI), the global consortium focused on reducing the energy consumption and carbon footprint of computing equipment through power management and more energy efficient computing technologies, today announced that it will bring power management experts and software developers together in Orlando for a July 26 round-table at the IEEE Green Computing Conference . The event will serve as a forum for interested participants to address areas where software applications may interfere with power management on PCs and networked computers, and to collaborate on solutions […]

Stock Analysts

Wendy’s Drops Arby’s (WEN) (YUM)

July 6, 2011 0

Wendy’s/Arby’s Group Inc ( WEN ) has dropped Arby from its name following the completion of its previously announced sale of Arby’s Restaurant Group. Wendy’s is once again a solo brand name and will operate as The Wendy's Company going forward. However, Wendy will continue to trade under the ticker "WEN" on the New York Stock Exchange. […]