Month: August 2011

Heavy equipment manufacturer Caterpillar Inc. ( CAT ) decided to expand its existing work tools business in Wamego, Kansas. […]

Ann Taylor Stores Corp. ( ANN ) recently reported fiscal 2011 second-quarter results. The company’s adjusted earnings leapt to 47 cents per share from 32 cents in the year-ago quarter primarily driven by higher sales, improved gross margin and management initiatives to contain costs. […]

Recently, IVD Acquisition Corporation, an affiliate of TPG Capital, successfully completed the acquisition of Immucor, Inc . ( BLUD ) for $27 per share or $1.9 billion in total. The deal was announced initially in July. […]

Leading dental products maker DENTSPLY International ( XRAY ) has won regulatory clearance for its acquisition of Sw eden-based Astra Tech, the dental implant division of multinational drug major AstraZeneca PLC ( AZN ). DENTSPLY, in June 2011, agreed to take over Astra Tech for $1.8 billion in cash. The deal is now expected to complete on August 31, 2011 […]

Back in 1934 during the depths of the Great Depression, Graham and Dodd published the very first edition of their book: “Security Analysis”. It is the very foundation of all modern security analysis. If you are really serious about investing, you should read it (or at least one of the later editions) […]

Valeant Pharmaceuticals International ( VRX ) recently announced that it has completed the acquisition of Kaunas, Lithuania-based specialty pharmaceuticals company, AB Sanitas, for approximately EUR 314 million in cash. Sanitas has a broad branded generics portfolio, marketed across Central and Eastern Europe, primarily in Poland, Russia and Lithuania. Sanitas’ 390 products, comprising mostly dermatology, ophthalmology and hospital injectables, will boost Valeant Pharma’s European branded generic portfolio […]

MPG Office Trust Inc. ( MPG ), a real estate investment trust (REIT), has recently obtained a mortgage loan collateralized by the Plaza Las Fuentes office property in Pasadena, California. […]

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. ( BHI ) reported a rise in the U.S. […]

Ken Nagy, CFA Silicom's Promising Growth Drivers The strong trends in rising internet traffic, cloud computing and virtualization that are developing within the information technology market offer Silicom several unique opportunities to dramatically increase revenues. These external developments strongly escalate Silicom’s customer’s network appliances needs for WAN optimization, internet security and application delivery. While total global monthly internet traffic is expected to be 4x greater in 2015 than it was in 2010, the Company estimates that the WAN optimization, internet security and application delivery markets are growing at an average of 20 percent per year. […]

Midstream service providers, Enterprise Products Partners L.P ( EPD ) and Energy Transfer Partners L.P. ( ETP ) have scrapped their proposed joint venture (JV) to build a pipeline from Cushing, Oklahoma to Houston, Texas. Both parties had already extended the open commitment season twice in order to give shippers more time to commit pipeline capacity […]