Month: August 2011

Momentum Stocks

Range Resources Corp – Momentum (RRC)

August 29, 2011 0

Range Resources Corp ( RRC ) is a top performer in energy, currently trading just 10% off its recent 52-week high in spite of market and sector weakness. With estimates taking a big jump on strong Q2 results, this Zacks #1 Rank stock is burning with momentum. Company Description Range Resources is a natural gas company exploration and production company with its primary emphasis in the Appalachian and southwest regions of the United States […]

Fast Money Episodes

The European Storm

August 28, 2011 0

[cnbc 3000042095] New IMF Director Christine Lagarde says European banks should be forced to recapitalize now. And Wall Street will be looking East to see how Greece and the Eurozone deal with current banking issues, with CNBC’s Simon Hobbs. And the Fast Money crew looks at what’s in store for Wall Street this week. […]

FDA Approval

LUNGevity Foundation Praises Recent FDA Approval of New Lung Cancer Treatment Drug XALKORI (crizotinib)

August 27, 2011 0

LUNGevity Foundation Praises Recent FDA Approval of New Lung Cancer Treatment Drug XALKORI (crizotinib) PR Newswire WASHINGTON, Aug. 27, 2011 LUNGevity encouraged by drug’s promise WASHINGTON , Aug. 27, 2011 /PRNewswire-USNewswire/ — LUNGevity Foundation applauds the US Food and Drug Administration’s (FDA) recent approval of XALKORI (crizotinib) to treat lung cancer. […]

Mergers & Acquisitions

Federal Reserve to Hold Hearings on Too-Big-to-Fail Acquisition

August 26, 2011 0

Federal Reserve to Hold Hearings on Too-Big-to-Fail Acquisition PR Newswire WASHINGTON, Aug. 26, 2011 Coalition of national and local community and civil rights organizations claim initial win WASHINGTON , Aug. 26, 2011 /PRNewswire-USNewswire/ — The Federal Reserve Board today announced that it would hold public hearings and extend the comment period on the Capital One acquisition of ING Direct […]

Stock Analysts

Dollar Tree to Buy Back Shares (DG) (DLTR) (FDO)

August 26, 2011 0

Chesapeake, Virginia based discount variety store Dollar Tree Inc. ( DLTR ) recently entered into an agreement with JPMorgan Chase Bank, National Association to repurchase its common shares under a variable maturity accelerated share repurchase program. As per the deal, the company will repurchase $200 million of its common shares under its ongoing $500 million share repurchase program announced on June 21, 2010 […]

Stock Analysts

Questar in Neutral Lane (APC) (COG) (QEP) (STR)

August 26, 2011 0

We are maintaining our Neutral rating on Questar Corporation ( STR ), given its steady earnings and dividend growth potential in the coming months, partially offset by unstable natural gas fundamentals. In the recently completed second quarter 2011, Questar reported earnings per share of 22 cents, surpassing both the Zacks Consensus Estimate and last year's 20 cents. Quarterly total revenue came in at $222.9 million, up 10.8% from the year-ago level of $201.1 million and ahead of the Zacks Consensus Estimate of $189 million. […]

Mergers & Acquisitions

Mainland and American Exploration Agree to Extend Merger Agreement

August 26, 2011 0

Mainland and American Exploration Agree to Extend Merger Agreement PR Newswire HOUSTON, Aug. 26, 2011 HOUSTON , Aug. 26, 2011 /PRNewswire/ — Mainland Resources, Inc., (the “Company”) (MNLU-OTCBB, 5MN- Frankfurt ) announces that it and American Exploration Corporation (“American Exploration”) have entered into an amending agreement to extend the termination date of the Merger Agreement between the companies to October 31, 2011 . […]

Stock Analysts

OriginOil, OOILD.OB Initiation by Zacks Small Cap Research (OOILD)

August 26, 2011 0

Ian Gilson, CFA OriginOil, OOILD .OB Initiation by Zacks Small Cap Research OriginOil is moving from a proof of concept to a full scale plant for production of oil from algae using the company's unique separation processes. The company's strategy is to be a supplier of technology to the growers of algae so that the oil separation process is less expensive and the cost of oil from algae becomes economically feasible. The company's goals for the next three years are the successful operation of the 300 GPM continuous harvesting system and industry validation of the SSE process […]