Stock Analysts

Gap Explores New Market (AEO) (GPS) (TJX)

San Francisco, California-based Gap Inc. ( GPS ), intends to further expand its global presence by opening its first ever stores in Vietnam and Guam through its franchise channel. The company believes that both countries have tremendous growth opportunity as Vietnam's economy is growing rapidly and Guam has a well established tourism industry. […]

Stock Analysts

Western Union Expands in Africa (MGI) (WU)

Global payment services provider Western Union Co. ( WU ) has announced expansion of its global Agent network to Namibia via Magnet Bureau de Change. Western Union views the African markets as attractive with respect to growing demand for remittance […]

Stock Analysts

Morgan Stanley to Redeem Notes (MS) (MTU)

On Monday, Morgan Stanley ( MS ) announced the redemption of variable maturity notes due 2018 and 2023, having maturity values of $12 million and $2 million, respectively. The notes, having their maturity date on August 29, 2018, command a redemption price of 100% of the total amount. Morgan Stanley will start the redemption effective August 29, 2011 […]

Stock Analysts

Regal Beloit Closes EPC Acquisition (AOS) (RBC)

Regal Beloit Corporation ( RBC ) has closed its previously announced acquisition of 100% of the stock and assets of Electrical Products Company ("EPC") from A.O. Smith Corporation ( AOS ) for approximately $875 million. The portion involving EPC’s activities in China was escrowed pending administrative approvals, which are expected shortly. […]

Stock Analysts

Contract Flow for Harsco Rail (HSC)

Harsco Corporation ( HSC ) recently received railway track maintenance equipment contracts from customers in Japan and North America for an amount totaling more than $13 million. The company will provide a 20-stone rail grinder configuration, a track maintenance unit to Japanese customers for Shinzai and Shinkansen lines operated by the East Japan Railway Company, JR East. Harsco expects to deliver the unit in the second half of 2012 […]

Technicals

Bullish MACD for Spreadtrum – Tale of the Tape (SPRD)

Spreadtrum Communications, Inc (ADR) ’s ( SPRD ) MACD indicator has entered into bullish territory with a reading of 0.3289. The Zacks #1 Rank (“Strong Buy”) stock increased more than 1% to $16.33 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 31 cents over the past month to $2.39 per share. […]