Stock Analysts

Eaton Completes ATCOM Buy (ETN) (ITT) (PH)

Eaton Corporation ( ETN ) said it has successfully completed the acquisition of the previously announced ACTOM’s Low-Voltage Electrical Business in South Africa. Eaton expects the addition of ACTOM’s low-voltage business to help establish a prominent presence for itself in the attractive South African market and serve as a platform for growth in the region. The combination of Eaton’s business with ACTOM’s low-voltage business will offer a broader set of power distribution and power quality solutions that will enable customers to more effectively grow and compete in their markets […]

Mergers & Acquisitions

Peeq Media and Toppan, One of World’s Largest Printing and Communications Companies, Join Forces to Create Toppax

Peeq Media and Toppan, One of World’s Largest Printing and Communications Companies, Join Forces to Create Toppax Peeq Media and Toppan Printing clients will benefit from expanded global reach, more efficient logistics and cost savings PR Newswire NEW YORK, July 5, 2011 NEW YORK , July 5, 2011 /PRNewswire/ — International companies are facing costly challenges today as they invest millions of dollars trying to launch or extend their brands globally. This is especially true for brands trying to gain a foothold in Asia and, specifically, China . They can encounter potentially expensive problems such as: how to design brand materials on one continent and print them on another; how to ensure the brand’s look remains consistent across countries; how to track international projects from the design phase to point of sale. […]

Stock Analysts

Neutral on BJ’s Restaurants (BJRI) (JACK) (RRGB)

We maintain our long-term Neutral rating for BJ’s Restaurants Inc. ( BJRI ). While we are optimistic on the company’s unit growth potential and solid same-same restaurant sales, the negative impact from commodity inflation as well as increased competition compel us to remain on the sidelines. […]

Stock Analysts

PetMed Still Underperforms (PETS)

Recently, we reaffirmed our Underperform recommendation on PetMed Express ( PETS ) with a target price of $11.00. PetMed has been reporting disappointing results over the past few quarters. Lower revenues coupled with higher operating expenses had a negative impact on margins. […]

Stock Analysts

Western Union Biz Solutions for UAE (MGI) (WU)

World’s leading money transfer company Western Union Co. ( WU ) has recently announced the debut of its international business payments service, Western Union Business Solutions, for small and medium-sized enterprises in the UAE through a five-year agreement with Emirates International Exchange. This agreement with a leading exchange house in the Middle East that deals primarily in money transfers and money exchange, marks WU’s foray into a new customer segment in the Middle East […]

Stock Analysts

BSX’s Interlock in US and Europe (BSX)

Leading medical devices player, Boston Scientific Corporation ( BSX ) recently announced the commercial launch of its Interlock – 35 Fibered IDC Occlusion System in the US and Europe. Earlier this year, the company received approval from the US Food and Drug Administration (FDA) and European CE Mark for this Interlock system. Boston Scientific claims that the Interlock system is the best-in-class peripheral vascular coiling technology, which successfully combines with the company’s market-leading Interlock Fibered IDC Coils […]

Fast Money Episodes

Hedge Fund Tax Proposal

[cnbc 3000031536] Are hedge funds paying their fair share of taxes? One powerful senator doesn’t believe they are giving Uncle Sam his fair share. John Carney, CNBC.com frames the debate. […]

Stock Analysts

Interactive’s June Metrics Improve (IBKR) (KCG)

On Friday, Interactive Brokers Group Inc. ( IBKR ) reported June 2011 performance data for its business segment Electronic Brokerage, which recorded a slight improvement compared with the previous month. The segment under review clears and settles trades globally for both individual and institutional clients […]

Stock Analysts

Increase Odds of a Positive Surprise (AIG) (IMO) (MKGAF) (SGI) (SOLR)

Surprises are, by definition, unexpected. However, since we know that companies that report better-than-expected earnings tend to see their share prices rise after the announcement, and those that disappoint sink, it would be nice to be able to get in front of those that are likely to do better than expected and get out of the way of those which are going to disappoint. Not easy to do, but there is a way to improve your odds […]

Stock Analysts

PRU Spins off Commodities Biz Unit (JEF) (PRU)

On Friday, Prudential Financial, Inc ( PRU ) announced the spin-off of its global commodities business unit to Jefferies Group Inc. ( JEF ) for $419.5 million. The transaction, which was announced back in April 2011, was valued at $419.5 million based on book value as of the closing date of the transaction […]

Stock Analysts

Saks Store Coming Up in Kazakhstan (SKS)

The retailer, Saks Incorporated ( SKS ) has got a license to open a Saks Fifth Avenue store in Kazakhstan in August 2012, which will be the country's first Saks store. According to the plan, Saks will construct a tri-level store of approximately 91,000 square feet in the Esentai Shopping Mall in Almaty in Kazakhstan. Further, the Saks Fifth Avenue store will feature a digital video screen on the front elevation of the building reflecting a modern and streamlined design […]

Stock Analysts

Actelion Sets $577M Aside (ALIOF)

In the absence of a judgment in the Asahi Kasei lawsuit by the trial court on the due date of June 28, 2011, European biotechnology company Actelion Ltd. ( ALIOF ) has decided to make a provision of $577 million for compensatory and punitive damages. If the status quo is maintained, with no supplementary information, Actelion will record the provision in the second quarter 2011 results […]