Month: September 2011

Fast Money Episodes

HP Address Operational Execution Problems

September 22, 2011 0

[cnbc 3000047248] CNBC’s Herb Greenberg has the latest details from Hewlett-Packard’s conference call and its “operational execution” problems, and the Fast Money traders weigh in on leaks coming from the HP’s board, and what is causing the drastic drop in Morgan Stanley’s stock. […]

Fast Money Episodes

Making Sense of the Downturn

September 22, 2011 0

[cnbc 3000047197] Debating whether there is still reason to be optimistic despite Thursday’s selloff. Doug Kass, Seabreeze Partners says lower commodity prices might hold the key to recovery in the market. […]

Mergers & Acquisitions

KapStone to Acquire U.S. Corrugated

September 22, 2011 0

KapStone to Acquire U.S. Corrugated A Unique, Transformational Opportunity KapStone Investor Conference Call at 8:30 A.M. ET, September 23, 2011 Investor Presentation Available at www.kapstonepaper.com PR Newswire NORTHBROOK, Ill., Sept […]

Stock Analysts

Fed Approves EQT Sunrise (COG) (EQT) (RRC)

September 22, 2011 0

Equitrans L.P, a subsidiary of Pittsburgh-based EQT Corporation ( EQT ), has received the consent of the Federal Energy Regulatory Commission (FERC) to construct a new natural gas pipeline in Pennsylvania and West Virginia. Construction of the new project, known as Sunrise, includes the setting up of an approximately 41.5 miles, 24-inch-diameter pipeline and 2.7 mile, 16-inch-diameter pipeline. The pipelines will run through Wetzel County, West Virginiato Greene County, Pennsylvania and is estimated to cost around $272 million […]

Stock Analysts

Medtronic Wins Patent Suit (BSX) (MDT) (NUVA) (STJ)

September 22, 2011 0

Recently, the District Court of the Southern District of California in San Diego ruled in favor of Medtronic ( MDT ) in a patent suit. The court found that some products of NuVasive ( NUVA ) – CoRoent XL implants, MaXcess II and III retractors, and Helix and Helix mini anterior cervical plates infringe three patents of Medtronic. As a result, Medtronic was awarded $101.2 million as compensation for damages […]

Stock Analysts

NY Times: Ad Revenue to Pinch More (NWSA) (NYT)

September 22, 2011 0

The shares of The New York Times Company ( NYT ) dropped 46 cents or 6.9% to close at $6.18 on Wednesday after the diversified media conglomerate professed about further deepening of the slump in advertising revenue, thereby raising alarms about rough weather in the economy, and its susceptibility to such conditions. The company’s advertising volume for all its print publications and online came under pressure as advertisers shied away from making any upfront commitments, in an environment where fears about another possible recession is gaining ground. The New York Times Company hinted that its advertising revenue for the third quarter of 2011 would now drop by 8%, citing weak advertising spots in real-estate, help-wanted and national automotive at the company's flagship paper, Reuters reported […]

Stock Analysts

Aeropostale Expands Oversees (ARO) (GPS) (M)

September 22, 2011 0

Aeropostale Inc . ( ARO ), a retailer of casual clothing and accompaniments for youths, goes global with its e-commerce site, Aeropostale.com. The company recently announced the launch of international shipping across 90 countries in different continents around the globe […]