Month: July 2011

Mergers & Acquisitions

Treaty Energy Announces Additional Equipment Scheduled for Shipment to Belize

July 29, 2011 0

Treaty Energy Announces Additional Equipment Scheduled for Shipment to Belize A Wichitech C-65 Work-Over Rig, Oil Pipe Power Tong, and a Ford F-250 Pickup Truck are Among the Additional Equipment being Shipped to Belize PR Newswire NEW ORLEANS, July 29, 2011 NEW ORLEANS , July 29, 2011 /PRNewswire/ — Treaty Energy Corporation (OTCQB: TECO), a growth-oriented energy company in the oil and gas industry, today announced it has purchased additional equipment to send to Belize on the next ship out of Mobile, Alabama , which is estimated to depart on or about August 8th . The purchased equipment includes a Wichitech C-65 Work-Over Rig capable of working to depths of about 6,500 feet. […]

Economic Data

Dismal GDP Numbers – Ahead of Wall Street

July 29, 2011 0

Friday, July 29, 2011 The debt debate continues to steal the spotlight from earnings and economic reports. The stock market has lost ground in recent days due to this uncertain environment even as corporate earnings reports have broadly come ahead of expectations. […]

Stock Analysts

Vale 2Q Misses Estimate (BHP) (RIO) (VALE)

July 29, 2011 0

On July 28, Vale S.A ( VALE ) released its financial results for the second quarter of 2011. The company’s net earnings in the quarter were $1.22 per ADR, up 74.3% compared with 70 cents per ADR in the year-ago quarter, missing the Zacks Consensus Estimate of $1.40 per ADR. […]

Stock Analysts

Starbucks Ahead of Estimates (GMCR) (SBUX)

July 29, 2011 0

Starbucks Corporation ( SBUX ) , one of the leading roaster and retailer of specialty coffee, registered robust results for the third quarter of fiscal 2011. Quarterly earnings soared 33% year over year to 36 cents a share. It also outpaced the Zacks Consensus Estimate of 34 cents by 5.8%. […]

Stock Analysts

Newmont Misses Consensus (ABX) (AU) (NEM)

July 29, 2011 0

Newmont Mining Corporation 's ( NEM ) adjusted net income rose to $445 million or 90 cents per share in the second quarter from last year’s $377 million or 77 cents per share. The result was below the Zacks Consensus Estimate of $1.00 per share. […]

Stock Analysts

Debt Ceiling, Dismal GDP (ACI) (AMGN) (CVX) (MRK) (NEM) (SBUX)

July 29, 2011 0

The debt debate continues to steal the spotlight from earnings and economic reports. The stock market has lost ground in recent days due to this uncertain environment even as corporate earnings reports have broadly come ahead of expectations. With both sides in the debt debate sticking to their positions ahead of the Tuesday deadline, stocks will likely remain on edge today as well […]

Mergers & Acquisitions

Rick’s Cabaret International, Inc. Subsidiary Completes Acquisition of Schiek’s Palace Royale Gentlemen’s Club in Minneapolis

July 29, 2011 0

Rick’s Cabaret International, Inc. Subsidiary Completes Acquisition of Schiek’s Palace Royale Gentlemen’s Club in Minneapolis PR Newswire HOUSTON, July 29, 2011 HOUSTON , July 29, 2011 /PRNewswire/ — A subsidiary of Rick’s Cabaret International, Inc . (NASDAQ: RICK), the nation’s leading group of upscale gentlemen’s clubs, has completed the acquisition of the Minneapolis gentlemen’s club known as Schiek’s Palace Royale for $2,875,000 […]

Mad Money Episodes

The Tea Party View

July 29, 2011 0

[cnbc 3000035834] Mad Money host Jim Cramer asks Rep. Tim Huelskamp (R-KS), a member of the Tea Party, what he should tell his viewers who stand to lose a big chunk of their investments because of the debt ceiling debate. […]

Stock Analysts

Cooper Industries Acquires Martek (ABB) (CBE) (GE) (SWK)

July 29, 2011 0

Cooper Industries plc ( CBE ) acquired a manufacturer of power electronic components, Martek Power, for approximately euro 130 million (inclusive of assumed debt). Martek is an expert in producing specialized power management devices for the military, heavy-duty transportation, aerospace, medical, telecom and hybrid/electrical vehicle markets. Martek will incorporate in Cooper Industries’ the Cooper Bussmann division, thus expanding the division’s power electronic and power conversion applications portfolio […]

Stock Analysts

Brightpoint Beats, Outlook Bright (CELL) (T)

July 29, 2011 0

Yesterday after market close, Brightpoint Inc. ( CELL ) declared robust financial results for the second quarter of 2011. Quarterly total revenue was $1,234.9 million, an improvement of 57% year over year, significantly surpassing the Zacks Consensus Estimate of $1,086 million. […]