Month: August 2011

Stock Analysts

WPPGY: Grey Acquires Stake in C&G (IPG) (OMC) (WPPGY)

August 9, 2011 0

Advertising titan, WPP plc’s ( WPPGY ) wholly-owned subsidiary, Grey has recently acquired additional shares in Campaigns and Grey Inc, thereby obtaining the majority stake in the latter’s share capital. Financial terms of the transaction were not disclosed. Since 1994, the global advertising network of Grey Group had a minority stake in Campaigns and Grey Inc. […]

Max Keiser

Keiser Report: False Flag Finance (E171)

August 9, 2011 0

[youtube PxgBQ5IrgcA] This week Max Keiser and co-host, Stacy Herbert, report from New York City on privatization drives, gold coins and debt deals. In the second half of the show Max talks to financial journalist, Teri Buhl, about the latest in the lawsuits against Bear Stearns. Follow RT on http://twitter.com/RT_com and http://www.facebook.com/RTnews KR on Facebook http://www.facebook.com/KeiserReport […]

Stock Analysts

Earnings Scorecard: Duke Realty (DRE) (HIW)

August 9, 2011 0

Duke Realty Corp ( DRE ) reported second quarter 2011 FFO (fund from operations) of $75.7 million or 29 cents per share, up from $40.7 million or 17 cents per share delivered in the year-ago 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. Reported FFO per share surpassed the Zacks Consensus Estimate by a penny. […]

Stock Analysts

MGM Resorts Narrows Loss (LVS) (MGM)

August 9, 2011 0

MGM Resorts International ( MGM ) reported second quarter 2011 adjusted loss of 8 cents per share narrower than the Zacks Consensus Estimate of a loss of 13 cents per share. The better-than-expected result was attributable to the expansion of the company’s controlling stake from 50% to 51% in MGM China Holdings Limited when it went public on the Hong Kong stock exchange in June. […]

Mergers & Acquisitions

Bursor & Fisher Law Firm Announces more than 1,000 AT&T Customers to File Arbitration Cases Challenging AT&T’s Takeover of T-Mobile; AT&T Acknowledges these Cases Place the $39 Billion Merger “In Jeopardy”

August 9, 2011 0

Bursor & Fisher Law Firm Announces more than 1,000 AT&T Customers to File Arbitration Cases Challenging AT&T’s Takeover of T-Mobile; AT&T Acknowledges these Cases Place the $39 Billion Merger “In Jeopardy” PR Newswire NEW YORK, Aug. 9, 2011 NEW YORK , Aug. […]

Stock Analysts

Costs Push Up Loss at Ardea (BAYRY) (RDEA)

August 9, 2011 0

Ardea Biosciences Inc. ’s ( RDEA ) second quarter 2011 net loss of $0.68 per share exceeded the year-ago loss by $0.11 and the Zacks Consensus loss Estimate by $0.16. The wider loss was attributable to lower revenues and higher operating costs recorded in the quarter […]