Month: November 2011

Mergers & Acquisitions

Blackstone Completes Acquisition of Emdeon

November 2, 2011 0

Blackstone Completes Acquisition of Emdeon — Emdeon stockholders to receive $19.00 per share in cash — Transaction valued at approximately $3.0 billion — Emdeon becomes a privately held company PR Newswire NASHVILLE, Tenn., Nov. 2, 2011 NASHVILLE, Tenn. , Nov […]

Stock Analysts

Potential at Seven Arts as Distribution Changes (SAPX)

November 2, 2011 0

Potential at Seven Arts as Distribution Changes Ken Nagy, CFA Seven Arts Entertainment Inc. ( SAPX ) is an independent motion picture production and distribution company which develops, finances, produces and licenses theatrical motion pictures, with budgets generally ranging from $2 million to $15 million, for exhibition in domestic (United States and Canada) and foreign theatrical markets. Seven Arts strategy is to build their film library up from 33 titles today, to 50 to 75 titles over the next 5 years […]

Stock Analysts

MasterCard Outshines Across the Board (MA) (V)

November 2, 2011 0

MasterCard Inc. ’s ( MA ) third-quarter 2011 operating earnings per share of $5.63 came in drastically ahead of the Zacks Consensus Estimate of $4.81 and $3.94 in the year-ago quarter. Net income for the reported quarter stood at $717 million, spiking 38.4% from $518 million in the prior-year quarter […]

Stock Analysts

Time Warner Beats Estimates (CBS) (DIS) (NWSA) (TWX)

November 2, 2011 0

Time Warner Inc. ( TWX ), the diversified media conglomerate, recently posted better-than-expected third-quarter 2011 results. The quarterly earnings of 79 cents a share beat the Zacks Consensus Estimate of 75 cents, and surged 27% from 62 cents earned in the prior-year quarter on the heels of the box office success of ‘Harry Potter and the Deathly Hallows: Part 2’ by Warner Brothers, higher television advertising demand and increase in television license fees […]

Stock Analysts

Vertex Riding High on Incivek Sales (GSK) (JNJ) (VRTX)

November 2, 2011 0

Vertex Pharmaceuticals Inc. ( VRTX ) posted robust third quarter 2011 earnings (including stock-based compensation expense) of 56 cents per share, substantially above the Zacks Consensus Estimate of 19 cents and the year-ago loss of 99 cents. Increased revenues from the sale of hepatitis C virus (HCV) treatment, Incivek (telaprevir) helped record positive earnings. […]

Economic Data

Nov 2: The Great Greek Tragedy – Economic Highlights

November 2, 2011 0

The Greek referendum news has sucked the oxygen out of the market. We were all getting ready to build on October’s impressive gains by aligning our portfolios for positive momentum in these final months of the year. A key contributing factor in this improving backdrop was last week’s Euro-zone deal, which appeared to provide for a viable framework to address the problem […]

Economic Data

Ahead of Wall Street – November 2, 2011 – Ahead of Wall Street

November 2, 2011 0

Wednesday, November 2, 2011 The Greek referendum news has sucked the oxygen out of the market. We were all getting ready to build on October’s impressive gains by aligning our portfolios for positive momentum in these final months of the year. A key contributing factor in this improving backdrop was last week’s Euro-zone deal, which appeared to provide for a viable framework to address the problem. […]