The shares of The PMI Group ( PMI ) have been trading at a price below $1.00 per share since August 1, 2011. As such, the New York Stock Exchange (NYSE) notified the company that it has fallen below the NYSE's continued listing standard of having a minimum average closing price of $1.00 per share over 30 consecutive trading days. The share p rice of PMI was $0.30 as of Friday close. […]
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Imbrium Systems Smashes through the 40,000 Installation Threshold with Stormceptor, JellyfishFilter and SorbtiveFilter PR Newswire ANAHEIM, CA, Aug. 22, 2011 ANAHEIM, CA , Aug. 22, 2011 /PRNewswire/ – Imbrium Systems today announced Installation Number 40,000 for its suite of stormwater treatment technologies which include the Stormceptor brand, a hydrodynamic sediment and oil stormwater treatment device, Jellyfish Filter, an industry leading stormwater membrane filtration system that captures sediment down to 2-microns and captures nutrients like phosphorus and nitrogen and Sorbtive Filter powered by Sorbtive Media , a breakthrough technology that captures high volumes of total phosphorus and dissolved phosphorus […]
We are maintaining our long-term ‘Neutral’ recommendation on Newell Rubbermaid Inc. ( NWL ) with a target price of $13.00 per share. Moreover, the company holds a Zacks #3 Rank, implying a short-term 'Hold' rating […]
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Gulfside Acquires Three Iron Ore Projects PR Newswire VANCOUVER, Aug. 22, 2011 TSXV: GMG VANCOUVER , Aug. 22, 2011 /PRNewswire/ – Robert L. […]
Cognizant Technologies ( CTSH ) recently expanded its existing share repurchase program by $300 million thereby bringing the total authorization under the current repurchase program to $600 million. On May 26, 2011, the Board of Directors authorized the expansion of the company’s existing share repurchase program by $150 million, bringing the total authorization under the repurchase program to $300 million. […]
Hormel Foods Corp. ( HRL ) will be reporting its third-quarter 2011 earnings on Thursday, August 25, 2011. […]
We maintain our Neutral rating on Masimo ( MASI ). Second-quarter fiscal 2011 earnings of 28 cents matched the Zacks Consensus Estimate. […]
[marketwatch 81B316DD-2A1D-44A0-BBB4-9662FB0D29D2] China Leads the Way in Renewable Energy […]
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We reiterate our Neutral recommendation on PS Business Parks Inc. ( PSB ) as we expect the stock to perform in line with the broader market.The company reported second quarter 2011 funds from operations (FFO) of $35.8 million or $1.11 per share compared with $30.7 million or 96 cents per share in the year-earlier quarter. […]
Intuit Inc. ( INTU ) reported a fourth quarter 2011 adjusted loss of 11 cents per share, wider than the Zacks Consensus Estimate for a loss of 10 cents. Revenue Intuit reported revenues of $593 million in the reported quarter, up 10.4% from $537 million in the prior-year quarter […]
London, England-based BP Plc ( BP ) recently reported a breakdown in a gasoline-producing fluidic catalytic cracking (FCC) unit at its 406,570 barrels per day (bpd), Texas City, Texas, refinery. A malfunction at FCC No.1 resulted from the loss of a blower on Saturday morning, halting production at the unit. […]
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